NOT LISTED FOR SALE

16511 Merc Ln Lockport, IL 60441

Estimated Value: $498,000 - $603,000

4 Beds
4 Baths
2,651 Sq Ft
$203/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $400,000 $151 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,785/month

34 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • Stainless Steel Appliances
  • Ludwig Elementary School Rated 10
  • Formal Dining Room
  • Skylights

About This Home

As of August 2021

A Beautiful Home nicely situated on a quarter acre in a Superb Neighborhood! Features: 4 Large Bedrooms including a vaulted master suite - 2 full bathrooms and 2 half baths - Large open Kitchen with stainless steel appliances, granite counters, plenty of cabinets and opens to the family room that features an attractive gas, wood-burning fireplace. Big Formal living room and separate dining room! All front windows are elegant, new Andersons installed in 2020. New front door and patio door. The patio door takes you out to a spectacular brick paver patio that's perfect for entertaining, grilling, or enjoying those peaceful evenings. A Huge Finished Basement is the icing on the cake adding a lot of space for your enjoyment! Roof, gutters, a/c, water softener - 2019! Garage door and opener - 2018! Hardwood floors on main level. A Great Home and Neighborhood - Come and check it out!

Last Agent to Sell the Property

Jeffrey McGinn

RE/MAX IMPACT License #475126734 Listed on: 06/09/2021

RE/MAX IMPACT

Co-Listed By

Robin McGinn

RE/MAX IMPACT License #471009129

Last Buyer's Agent

Steve Harris

RE/MAX 1st Service License #475099011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,529

Year Built

  • Built in 2000

Lot Details

  • 0.25 Acre Lot
  • Paved or Partially Paved Lot

Parking

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

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 2,651 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Entrance Foyer
  • Family Room with Fireplace
  • Formal Dining Room
  • Recreation Room
  • Storage Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Laundry on main level
  • Dryer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Outdoor Features

  • Brick Porch or Patio

Schools

  • Lockport Township High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Softener is Owned

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,529

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2000
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Dryer, Disposal, Stainless Steel Appliance(s), Water Softener Owned
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Skylight(s), Hardwood Floors, 1st Floor Laundry, Walk-In Closet(s)
  • LivingArea: 2651
  • Other Equipment: Water-Softener Owned, Ceiling Fan(s), Sump Pump
  • Room Type: Eating Area, Recreation Room, Foyer, Storage
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 4039
  • Basement Description: Partially Finished
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Brick Paver Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 405000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Lockport Township High School
  • Middle/Junior School District: 92

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.25
  • Lot Dimensions: 10925
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17

Tax Info

  • Tax Annual Amount: 9529.2
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Jul 13, 2021
Sold by
Pocius Tomas L and Pocius Audre T
Bought by
Wilder Marilyn and Wilder Family Revocable Trust
Seller's Agent
Jeffrey McGinn
RE/MAX IMPACT
Buyer's Agent
Steve Harris
RE/MAX 1st Service
List Price
$449,000
Sold Price
$400,000
Premium/Discount to List
-$49,000
-10.91%
Current Estimated Value
$538,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,639
Avg. Annual Appreciation
5.34%

Purchase Details

Closed on
Apr 20, 2000
Sold by
Mc Ginty Construction Inc
Bought by
Pocius Tomas L and Pocius Audre T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,500
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Wilder Marilyn $400,000 None Available
Pocius Tomas L $220,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pocius Tomas L $182,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $400,000 -10.9% $151 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $449,000 -- $169 / 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 $11,144 $151,517 $22,736 $128,781
2023 $11,144 $137,343 $20,609 $116,734
2022 $10,547 $128,238 $19,243 $108,995
2021 $9,573 $121,495 $18,231 $103,264
2020 $9,529 $117,024 $17,560 $99,464
2019 $9,220 $112,577 $16,893 $95,684
2018 $8,994 $108,531 $16,699 $91,832
2017 $8,830 $105,493 $16,232 $89,261
2016 $8,643 $101,975 $15,691 $86,284
2015 $8,345 $98,147 $15,102 $83,045
2014 $8,345 $96,119 $14,790 $81,329
2013 $8,345 $96,119 $14,790 $81,329
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11095265

Midwest Real Estate Data (MRED)

APN: 16-05-18-153-035