NOT LISTED FOR SALE

16461 Lanfear Dr Unit 2 Lockport, IL 60441

Estimated Value: $376,000 - $470,000

3 Beds
3 Baths
906 Sq Ft
$478/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $355,000 $392 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $3,074/month

2 Days on Market

Highlights

  • Family Room with Fireplace
  • Attached Garage
  • Combination Dining and Living Room
  • Hadley Middle School Rated 9+
  • Soaking Tub
  • Senior Tax Exemptions

About This Home

As of October 2021

This beautiful & spacious home nestled on a prime lot backing to a scenic pond boasts a dramatic 2 story foyer to greet you; Family room with cozy fireplace; Kitchen that features 42" maple cabinets & pantry closet; Breakfast area with door to large deck overlooking the picturesque pond; Formal living room & dining room with gleaming hardwood flooring; Custom oak staircase to the 2nd level that offers: A vaulted master suite with an abundance of windows offering breathtaking pond views; walk-in closet & private, luxury bath with double vanity, soaking tub, separate shower & water closet; Bedroom #2 with walk-in closet; Full, finished walk-out basement that features a recreation room with electric fireplace & door to the concrete patio, built-in solid wood cabinetry & built-in desk with work station; White 6 panel doors & trim throughout; Newer Roof, furnace & AC unit (2016).

Last Agent to Sell the Property

Kimberly Wirtz

Wirtz Real Estate Group Inc. License #471005499 Listed on: 08/05/2021

Last Buyer's Agent

James Kowalski

Charles Rutenberg Realty of IL License #475156560

Charles Rutenberg Realty of IL

Home Details

Home Type

  • Single Family

Year Built

  • 2002

Lot Details

  • 8,712

HOA Fees

  • $29 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Interior Spaces

  • 906 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Finished Basement

Bedrooms and Bathrooms

  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Community Details

  • Willow Walk Association, Phone Number (866) 473-2573
  • Property managed by Willow Walk

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Year Built

2002

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: Bruce West of Gougar to Cagwin to Alta to Lanfear
  • Lot Size: 68X125
  • New Construction: No
  • Ownership: Fee Simple w/ HO Assn.
  • Subdivision Name: Willow Walk
  • Special Features: None
  • Year Built: 2002

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: Full, Walkout
  • Fireplace Features: Gas Starter
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Family Room
  • Total Sq Ft: 906
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Laundry
  • Other Equipment: Humidifier, CO Detectors, Ceiling Fan(s), Sump Pump
  • Dining Room Type: Recreation Room, Office

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Deck, Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Vinyl Siding,Brick
  • Lot Features: Lake Front, Landscaped, Pond(s), Water View
  • Waterfront: Yes

Garage/Parking

  • Number of Cars: 2.5
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 2.5

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Willow Walk
  • Management Contact Name: Willow Walk
  • Management Phone: 866-473-2573
  • Association Fee: 86
  • Association Fee Frequency: Quarterly

Fee Information

  • Association Fee Includes: Insurance

Schools

  • Junior High Dist: 205
  • Middle Or Junior School: Homer Junior High School

Lot Info

  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Exemptions: Homeowner,Senior,Senior Freeze
  • Tax Annual Amount: 7355.32
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Oct 11, 2021
Sold by
Stenseth Richard D and Stenseth Patricia L
Bought by
Obrien Patrick Jospeh and Dixon Cara Elizabeth
Seller's Agent
Kimberly Wirtz
Wirtz Real Estate Group Inc.
Buyer's Agent
James Kowalski
Charles Rutenberg Realty of IL
List Price
$339,900
Sold Price
$355,000
Premium/Discount to List
$15,100
4.44%
Current Estimated Value
$433,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,222
Avg. Annual Appreciation
4.80%
Original Mortgage
$284,000
Outstanding Balance
$260,636
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$172,586

Purchase Details

Closed on
Jan 24, 2003
Sold by
The Ryland Group Inc
Bought by
Stenseth Richard D and Stenseth Patricia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.01%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Obrien Patrick Jospeh $355,000 Fidelity National Title
Stenseth Richard D $240,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obrien Patrick Jospeh $284,000
Previous Owner Stenseth Richard D $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2021 10/15/21 Sold $355,000 +4.4% $392 / Sq Ft
08/08/2021 08/08/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $339,900 -- $375 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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 $9,363 $114,922 $28,592 $86,330
2023 $9,363 $104,171 $25,917 $78,254
2022 $8,587 $97,265 $24,199 $73,066
2021 $7,077 $92,151 $22,927 $69,224
2020 $7,335 $88,760 $22,083 $66,677
2019 $7,355 $85,387 $21,244 $64,143
2018 $6,845 $79,124 $15,717 $63,407
2017 $6,721 $76,909 $15,277 $61,632
2016 $6,552 $74,345 $14,768 $59,577
2015 $6,733 $71,555 $14,214 $57,341
2014 $6,733 $68,665 $13,920 $54,745
2013 $6,733 $68,665 $13,920 $54,745
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11180419

Midwest Real Estate Data (MRED)

APN: 16-05-31-107-010