16503 W Split Rail Dr Lockport, IL 60441
Estimated Value: $498,579 - $582,000
Studio
--
Bath
2,905
Sq Ft
$186/Sq Ft
Est. Value
About This Home
This home is located at 16503 W Split Rail Dr, Lockport, IL 60441 and is currently estimated at $540,645, approximately $186 per square foot. 16503 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
May 6, 2020
Sold by
Ferriter Patricia A
Bought by
Ferriter Patricia A and The Patricia A Ferriter Trust
Current Estimated Value
Purchase Details
Closed on
Apr 15, 2003
Sold by
First Midwest Bank
Bought by
Ferriter Patricia A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Outstanding Balance
$81,383
Interest Rate
5.71%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$459,262
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ferriter Patricia A | -- | Attorney | |
| Ferriter Patricia A | $302,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ferriter Patricia A | $190,000 |
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 | $12,972 | $167,670 | $30,761 | $136,909 |
| 2023 | $12,972 | $151,985 | $27,883 | $124,102 |
| 2022 | $11,677 | $141,910 | $26,035 | $115,875 |
| 2021 | $11,131 | $134,448 | $24,666 | $109,782 |
| 2020 | $11,076 | $129,501 | $23,758 | $105,743 |
| 2019 | $10,628 | $124,580 | $22,855 | $101,725 |
| 2018 | $10,453 | $120,223 | $22,593 | $97,630 |
| 2017 | $10,288 | $116,858 | $21,961 | $94,897 |
| 2016 | $10,078 | $112,961 | $21,229 | $91,732 |
| 2015 | $9,595 | $108,721 | $20,432 | $88,289 |
| 2014 | $9,595 | $104,279 | $20,010 | $84,269 |
| 2013 | $9,595 | $104,279 | $20,010 | $84,269 |
Source: Public Records
Map
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