16505 W Split Rail Dr Lockport, IL 60441
Estimated Value: $514,698 - $569,000
Studio
--
Bath
2,836
Sq Ft
$188/Sq Ft
Est. Value
About This Home
This home is located at 16505 W Split Rail Dr, Lockport, IL 60441 and is currently estimated at $533,175, approximately $188 per square foot. 16505 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
Oct 12, 2005
Sold by
Berger Carole L
Bought by
Berger Karl H and Berger Carole L
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Outstanding Balance
$148,146
Interest Rate
6.04%
Mortgage Type
New Conventional
Estimated Equity
$385,029
Purchase Details
Closed on
Feb 13, 2004
Sold by
Chicago Title Land Trust Co
Bought by
Berger Carole L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 20, 2003
Sold by
First Midwest Bank
Bought by
Chicago Title Land Trust Co and Trust #16589
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Berger Karl H | -- | Prairie Title | |
| Berger Carole L | $281,000 | Chicago Title Insurance Co | |
| Chicago Title Land Trust Co | $62,500 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Berger Karl H | $272,000 | |
| Previous Owner | Berger Carole L | $268,000 |
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 | $13,644 | $175,941 | $30,761 | $145,180 |
| 2023 | $13,644 | $159,482 | $27,883 | $131,599 |
| 2022 | $12,976 | $148,910 | $26,035 | $122,875 |
| 2021 | $11,705 | $141,080 | $24,666 | $116,414 |
| 2020 | $11,649 | $135,889 | $23,758 | $112,131 |
| 2019 | $11,179 | $130,725 | $22,855 | $107,870 |
| 2018 | $10,992 | $126,120 | $22,593 | $103,527 |
| 2017 | $10,819 | $122,590 | $21,961 | $100,629 |
| 2016 | $10,600 | $118,502 | $21,229 | $97,273 |
| 2015 | $10,185 | $114,054 | $20,432 | $93,622 |
| 2014 | $10,185 | $110,329 | $20,010 | $90,319 |
| 2013 | $10,185 | $110,329 | $20,010 | $90,319 |
Source: Public Records
Map
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