NOT LISTED FOR SALE

16510 Merc Ln Lockport, IL 60441

Estimated Value: $437,169 - $574,000

-- Bed
-- Bath
4,000 Sq Ft
$129/Sq Ft Est. Value

About This Home

This home is located at 16510 Merc Ln, Lockport, IL 60441 and is currently estimated at $517,042, approximately $129 per square foot. 16510 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

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2000
Sold by
Mc Ginty Construction Inc
Bought by
Janik Piotr and Janik Maria
Current Estimated Value
$517,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
8.12%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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

Date Buyer Sale Price Title Company
Janik Piotr $220,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Janik Peter $133,500
Open Janik Peter $318,500
Closed Janik Peter $315,500
Closed Janik Peter $249,600
Closed Janik Piotr $88,000
Closed Janik Piotr $117,500
Closed Janik Piotr $138,000
Source: Public Records

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
2023 $11,362 $139,898 $20,609 $119,289
2022 $10,250 $130,624 $19,243 $111,381
2021 $9,760 $123,755 $18,231 $105,524
2020 $9,716 $119,201 $17,560 $101,641
2019 $9,401 $114,672 $16,893 $97,779
2018 $9,171 $110,542 $16,699 $93,843
2017 $9,003 $107,448 $16,232 $91,216
2016 $8,814 $103,865 $15,691 $88,174
2015 $8,510 $99,966 $15,102 $84,864
2014 $8,510 $97,900 $14,790 $83,110
2013 $8,510 $97,900 $14,790 $83,110
Source: Public Records

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