NOT LISTED FOR SALE

16525 W Split Rail Dr Lockport, IL 60441

Estimated Value: $495,000 - $596,000

4 Beds
3 Baths
2,836 Sq Ft
$192/Sq Ft Est. Value

About This Home

This home is located at 16525 W Split Rail Dr, Lockport, IL 60441 and is currently estimated at $543,269, approximately $191 per square foot. 16525 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
Mar 15, 2021
Sold by
Chicago Title Land Trust Company
Bought by
Friedrich Matthew R and Friedrich Jessa M
Current Estimated Value
$543,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,600
Outstanding Balance
$313,683
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$229,586

Purchase Details

Closed on
Sep 16, 2013
Sold by
Olszowka Karen M
Bought by
Chicago Title Land Trust Co and Trust Number 8002362856

Purchase Details

Closed on
Jan 2, 2004
Sold by
Chicago Title Land Trust Co
Bought by
Olszowka Michael R and Olszowka Karen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
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
Friedrich Matthew R $368,000 Chicago Title Land Trust Co
Chicago Title Land Trust Co -- None Available
Olszowka Michael R $276,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friedrich Matthew R $349,600
Previous Owner Olszowka Michael R $251,000
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
2024 $13,173 $170,147 $30,761 $139,386
2023 $13,173 $154,230 $27,883 $126,347
2022 $11,857 $144,006 $26,035 $117,971
2021 $11,303 $136,434 $24,666 $111,768
2020 $11,248 $131,414 $23,758 $107,656
2019 $10,793 $126,420 $22,855 $103,565
2018 $10,614 $121,988 $22,593 $99,395
2017 $10,447 $118,574 $21,961 $96,613
2016 $10,235 $114,620 $21,229 $93,391
2015 $9,250 $110,317 $20,432 $89,885
2014 $9,250 $100,747 $20,010 $80,737
2013 $9,250 $100,747 $20,010 $80,737
Source: Public Records

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