16408 W Split Rail Dr Lockport, IL 60441
Estimated Value: $510,000 - $604,000
Studio
--
Bath
2,955
Sq Ft
$188/Sq Ft
Est. Value
About This Home
This home is located at 16408 W Split Rail Dr, Lockport, IL 60441 and is currently estimated at $554,277, approximately $187 per square foot. 16408 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
Jun 12, 2016
Sold by
Velasco Gina M
Bought by
Velasco Joel
Current Estimated Value
Purchase Details
Closed on
Jun 21, 2005
Sold by
Chicago Title Land Trust Co
Bought by
Velasco Joel and Velasco Gina M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,150
Outstanding Balance
$257,842
Interest Rate
5%
Mortgage Type
Unknown
Estimated Equity
$296,435
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Velasco Joel | -- | Attorney | |
| Velasco Joel | $315,000 | Chicago Title Land Trust Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Velasco Joel | $356,150 |
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 | $14,537 | $186,933 | $30,761 | $156,172 |
| 2023 | $14,537 | $169,446 | $27,883 | $141,563 |
| 2022 | $13,078 | $158,213 | $26,035 | $132,178 |
| 2021 | $12,469 | $149,894 | $24,666 | $125,228 |
| 2020 | $12,411 | $144,378 | $23,758 | $120,620 |
| 2019 | $11,911 | $138,892 | $22,855 | $116,037 |
| 2018 | $11,710 | $133,958 | $22,593 | $111,365 |
| 2017 | $11,526 | $130,208 | $21,961 | $108,247 |
| 2016 | $11,294 | $125,866 | $21,229 | $104,637 |
| 2015 | $11,864 | $121,141 | $20,432 | $100,709 |
| 2014 | $11,864 | $126,449 | $20,010 | $106,439 |
| 2013 | $11,864 | $126,449 | $20,010 | $106,439 |
Source: Public Records
Map
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