NOT LISTED FOR SALE

16523 Lanfear Dr Unit 2 Lockport, IL 60441

Estimated Value: $442,000 - $514,000

3 Beds
2.5 Baths
3,079 Sq Ft
$152/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $410,000 $133 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,283/month

1 Day on Market

Highlights

  • Waterfront
  • Landscaped Professionally
  • Deck
  • Hadley Middle School Rated 9+
  • Community Lake
  • Property is near park

About This Home

As of April 2024

Great Price! Great Location! Well Maintained! Absolutely Stunning View! Willow Walk Subdivision! Two Story Fairfield Model Featuring the Following: 3 bedrooms, 2 and 1/2 bathrooms, living room/dining room combo, family room, kitchen with island and table space, pantry closet and oak kitchen cabinets, 1st-floor laundry, large foyer. 2nd floor - foyer, loft, master bedrooms with full bath that includes a double sink, shower, and soaking tub, large walk-in closet, two more bedrooms and a full bath. Full finished walk-out basement with recreation/workout room, dry bar, and oversized utility/storage room. and patio overseeing professional landscaping.Sliding door leads out to New Trex Deck, NEW ROOF 2023. Premium lot over/looking pond. Walking distance to park / playground. Minutes from shopping, dining, historical downtown and interstates.

Last Agent to Sell the Property

Robert Shutay

Realty Executives Ambassador License #471003186 Listed on: 02/22/2024

Realty Executives Ambassador

Last Buyer's Agent

Tanya Marcilionis

Keller Williams Infinity License #475191733

Keller Williams Infinity

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,778

Year Built

  • Built in 2003

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 68x126
  • Waterfront
  • Landscaped Professionally
  • Paved or Partially Paved Lot

HOA Fees

  • $31 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Traditional Architecture
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,079 Sq Ft Home
  • 2-Story Property
  • Dry Bar
  • Vaulted Ceiling
  • Entrance Foyer
  • Combination Dining and Living Room
  • Den
  • Recreation Room
  • Loft
  • Lower Floor Utility Room
  • Home Gym
  • Wood Flooring
  • Water Views
  • Unfinished Attic
  • Carbon Monoxide Detectors

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Pond
  • Deck
  • Patio

Location

  • Property is near park

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Community Well
  • Water Softener is Owned
  • Cable TV Available

Community Details

  • Association fees include insurance
  • Willwalk@Ciramail.Com Association, Phone Number (866) 473-2573
  • Willow Walk Subdivision, Fairfield Floorplan
  • Property managed by Willow Walk HOA / Real Manage IL
  • Community Lake

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,778

Year Built

Built in 2003

Lot Details

0

HOA Fees

$31 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Willow Walk
  • Year Built: 2003
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full, Walkout
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings, Bar-Dry, Hardwood Floors, First Floor Laundry
  • LivingArea: 3079
  • Other Equipment: Water-Softener Owned, TV-Cable, CO Detectors, Sump Pump
  • Room Type: Den, Deck, Exercise Room, Foyer, Loft, Recreation Room, Utility Room-Lower Level, Walk In Closet
  • Estimated Total Finished Sq Ft: 3079
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 3079
  • Attic: Unfinished

Exterior Features

  • ExteriorFeatures: Deck, Patio
  • Foundation Details: Concrete Perimeter
  • Lot Features: Landscaped, Pond(s), Water View
  • Roof: Asphalt
  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding,Brick,Frame

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Public, Community Well

Condo/Co-op/Association

  • Association Fee: 94
  • Association Fee Frequency: Quarterly
  • Community Features: Park, Lake, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Willow Walk HOA / Real Manage IL
  • Management Contact Name: Willwalk@ciramail.com
  • Management Phone: 866-473-2573
  • ResoAssociationFeeFrequency: Quarterly

Fee Information

  • Association Fee Includes: Insurance, Other

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2
  • Lot Dimensions: 68X126
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 8777.76
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Mar 18, 2024
Sold by
Burian Jamie L and Damico Lawrence A
Bought by
Henderson Scott and Henderson Faith
Seller's Agent
Robert Shutay
Realty Executives Ambassador
Buyer's Agent
Tanya Marcilionis
Keller Williams Infinity
List Price
$395,000
Sold Price
$410,000
Premium/Discount to List
$15,000
3.8%
Views
50
Current Estimated Value
$469,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,384
Avg. Annual Appreciation
7.90%
Original Mortgage
$430,500
Outstanding Balance
$424,076
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$45,308

Purchase Details

Listed on
Jan 5, 2019
Closed on
Apr 1, 2019
Sold by
Deliberto Mary Ann and Deliberto Nicholas R
Bought by
Damico Lawence A and Burian Jamie L
Seller's Agent
Evana Dong
Charles Rutenberg Realty
Buyer's Agent
Bill Dafnis
Keller Williams Thrive
List Price
$295,000
Sold Price
$280,000
Premium/Discount to List
-$15,000
-5.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.89%
Original Mortgage
$238,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 3, 2003
Sold by
The Ryland Group Inc
Bought by
Deliberto Nicholas R and Deliberto Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,364
Interest Rate
5.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
Henderson Scott $410,000 None Listed On Document
Damico Lawence A $280,000 Chicago Title Insurance Co
Deliberto Nicholas R $245,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Henderson Scott $430,500
Previous Owner Damico Lawence A $238,000
Previous Owner Deliberto Nicholas R $196,364
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2024 04/05/24 Sold $410,000 +3.8% $133 / Sq Ft
02/24/2024 02/24/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $395,000 +41.1% $128 / Sq Ft
04/01/2019 04/01/19 Sold $280,000 -5.1% $91 / Sq Ft View Prior Sale
03/02/2019 03/02/19 Pending -- -- --
01/05/2019 01/05/19 For Sale $295,000 -- $96 / 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 $9,573 $117,312 $28,592 $88,720
2023 $9,573 $106,338 $25,917 $80,421
2022 $9,177 $99,289 $24,199 $75,090
2021 $8,378 $94,069 $22,927 $71,142
2020 $8,343 $90,607 $22,083 $68,524
2019 $8,025 $87,164 $21,244 $65,920
2018 $7,524 $80,881 $15,717 $65,164
2017 $7,405 $78,617 $15,277 $63,340
2016 $7,240 $75,996 $14,768 $61,228
2015 $6,896 $73,144 $14,214 $58,930
2014 $6,896 $70,182 $13,920 $56,262
2013 $6,896 $70,182 $13,920 $56,262
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11986567

Midwest Real Estate Data (MRED)

APN: 16-05-31-107-006