16401 W Split Rail Dr Lockport, IL 60441
Estimated Value: $484,004 - $623,000
Studio
--
Bath
2,836
Sq Ft
$192/Sq Ft
Est. Value
About This Home
This home is located at 16401 W Split Rail Dr, Lockport, IL 60441 and is currently estimated at $543,251, approximately $191 per square foot. 16401 W Split Rail Dr is a home located in Will County with nearby schools including Walsh Elementary School, Ludwig Elementary School, and Reed Elementary School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 14, 2017
Sold by
Covelli Frank A and Covelli Bonnie J
Bought by
Covelli Frank A and Covelli Bonnie J
Current Estimated Value
Purchase Details
Closed on
Apr 26, 2004
Sold by
Chicago Title Land Trust Co
Bought by
Covelli Frank A and Kirkwood Bonnie J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Outstanding Balance
$125,879
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$417,372
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Covelli Frank A | -- | Attorney | |
| Covelli Frank A | $269,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Covelli Frank A | $264,000 |
Source: Public Records
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $13,101 | $169,259 | $30,761 | $138,498 |
| 2023 | $13,101 | $153,425 | $27,883 | $125,542 |
| 2022 | $11,792 | $143,254 | $26,035 | $117,219 |
| 2021 | $11,241 | $135,721 | $24,666 | $111,055 |
| 2020 | $11,186 | $130,727 | $23,758 | $106,969 |
| 2019 | $10,734 | $125,759 | $22,855 | $102,904 |
| 2018 | $10,556 | $121,354 | $22,593 | $98,761 |
| 2017 | $10,390 | $117,957 | $21,961 | $95,996 |
| 2016 | $10,178 | $114,024 | $21,229 | $92,795 |
| 2015 | $9,598 | $109,744 | $20,432 | $89,312 |
| 2014 | $9,598 | $104,316 | $20,010 | $84,306 |
| 2013 | $9,598 | $104,316 | $20,010 | $84,306 |
Source: Public Records
Map
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