NOT LISTED FOR SALE

16527 Merc Ln Lockport, IL 60441

Estimated Value: $429,000 - $500,000

3 Beds
2.5 Baths
3,207 Sq Ft
$145/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $350,000 $109 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $3,498/month

5 Days on Market

Highlights

  • Above Ground Pool
  • Deck
  • Wood Flooring
  • Ludwig Elementary School Rated 9+
  • Vaulted Ceiling
  • Whirlpool Bathtub

About This Home

As of August 2022

This spacious Forrester boasts an open floor plan and features: A beamed and vaulted formal living room; Raised formal dining room with built-in china cabinet; Beamed and Vaulted kitchen with pantry; Breakfast area with French door to the deck with pergola overlooking the yard with refreshing pool, shed and irrigation system; Large family room with cozy fireplace; Hardwood flooring throughout most rooms; Double door entry to the master suite that offers a tray ceiling, walk-in closet with convenient laundry chute and private bath with whirlpool tub and separate shower; Full, English basement with tall ceiling. Newer furnace/AC (2020), water heater (2022), Sump/water softener (2021).

Last Agent to Sell the Property

Kimberly Wirtz

Wirtz Real Estate Group Inc. License #471005499 Listed on: 07/18/2022

Last Buyer's Agent

Mary Ellen Scatchell

Skydan Real Estate Sales, LLC License #471005618

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,243

Year Built

  • Built in 1999

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 112x132x26x147x63
  • Paved or Partially Paved Lot
  • Sprinkler System

Parking

  • 2.5 Car Attached Garage
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Split Level with Sub
  • Quad-Level Property
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,207 Sq Ft Home
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • English Basement
  • Basement Fills Entire Space Under The House
  • 9 Foot Basement Ceiling Height
  • Sump Pump

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Above Ground Pool
  • Deck
  • Gazebo
  • Shed

Schools

  • Walsh Elementary School
  • Oak Prairie Junior High School
  • Lockport Township High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Fields Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,243

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level w/ Sub
  • Ownership: Fee Simple
  • ArchitecturalStyle: Quad Level
  • New Construction: No
  • Property Sub-Type: Split Level w/ Sub
  • Subdivision Name: Fields
  • Year Built: 1999
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full, English
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Gas Log, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Walk-In Closet(s), Ceiling - 10 Foot, Beamed Ceilings
  • LivingArea: 3207
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump, Sprinkler-Lawn
  • Room Type: Foyer
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished,9 ft + pour
  • Bathroom Amenities: Whirlpool,Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Above Ground Pool, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 359900
  • OtherStructures: Gazebo, Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • 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
  • 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

  • Elementary School: Walsh Elementary School
  • High School: Lockport Township High School
  • Middle/Junior School: Oak Prairie Junior High School
  • Middle/Junior School District: 92

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.33
  • Lot Dimensions: 112X132X26X147X63
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 9243.12
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2024
Sold by
Rehder Sam and Rehder Krista
Bought by
Trust 001 and Rehder
Current Estimated Value
$474,254

Purchase Details

Listed on
Jul 18, 2022
Closed on
Aug 2, 2022
Sold by
Kevin Sullivan
Bought by
Rehder Sam and Rehder Krista Mary
Seller's Agent
Kimberly Wirtz
Wirtz Real Estate Group Inc.
Buyer's Agent
Mary Ellen Scatchell
Skydan Real Estate Sales, LLC
List Price
$359,900
Sold Price
$350,000
Premium/Discount to List
-$9,900
-2.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.14%
Original Mortgage
$278,000
Interest Rate
6.13%
Mortgage Type
New Conventional
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
Trust 001 -- None Listed On Document
Rehder Sam $350,000 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rehder Sam $278,000
Previous Owner Sullivan Kevin $267,380
Previous Owner Sullivan Kevin $255,375
Previous Owner Sullivan Kevin $145,345
Previous Owner Sullivan Kevin $70,000
Previous Owner Sullivan Kevin $0
Previous Owner Sullivan Kevin $191,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2022 08/22/22 Sold $350,000 -2.8% $109 / Sq Ft
07/24/2022 07/24/22 Pending -- -- --
07/18/2022 07/18/22 For Sale $359,900 -- $112 / 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
2023 $10,808 $133,430 $20,609 $112,821
2022 $9,753 $124,585 $19,243 $105,342
2021 $9,286 $118,034 $18,231 $99,803
2020 $9,243 $113,691 $17,560 $96,131
2019 $8,943 $109,371 $16,893 $92,478
2018 $8,724 $105,454 $16,699 $88,755
2017 $8,564 $102,502 $16,232 $86,270
2016 $8,383 $99,084 $15,691 $83,393
2015 $8,093 $95,365 $15,102 $80,263
2014 $8,093 $93,394 $14,790 $78,604
2013 $8,093 $93,394 $14,790 $78,604
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11467642

Midwest Real Estate Data (MRED)

APN: 05-18-153-030