16525 W Split Rail Dr Lockport, IL 60441
Estimated Value: $529,000 - $547,000
4
Beds
3
Baths
2,836
Sq Ft
$190/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 $538,183, approximately $189 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
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
$312,965
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$225,218
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
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Home Values in the Area
Average Home Value in this Area
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
| 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
Map
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