NOT LISTED FOR SALE

16505 Merc Ln Lockport, IL 60441

Estimated Value: $485,707 - $616,000

Studio
-- Bath
2,775 Sq Ft
$193/Sq Ft Est. Value

About This Home

This home is located at 16505 Merc Ln, Lockport, IL 60441 and is currently estimated at $536,177, approximately $193 per square foot. 16505 Merc Ln is a home located in Will County with nearby schools including Walsh Elementary School, Ludwig Elementary School, and Reed Elementary School.

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2023
Sold by
Bought by
Current Estimated Value
$536,177

Purchase Details

Closed on
Aug 31, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,600
Interest Rate
8.14%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$209,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $167,600
Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,407 $160,674 $22,736 $137,938
2023 $11,855 $145,643 $20,609 $125,034
2022 $10,691 $135,988 $19,243 $116,745
2021 $10,181 $128,837 $18,231 $110,606
2020 $10,136 $124,096 $17,560 $106,536
2019 $9,809 $119,381 $16,893 $102,488
2018 $9,567 $115,061 $16,699 $98,362
2017 $9,393 $111,840 $16,232 $95,608
2016 $9,196 $108,111 $15,691 $92,420
2015 $9,011 $104,053 $15,102 $88,951
2014 $9,011 $101,903 $14,790 $87,113
2013 $9,011 $101,903 $14,790 $87,113
Source: Public Records

Map

Illinois Will County Lockport 60441

16505 Merc Ln, Lockport, IL

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