NOT LISTED FOR SALE

16530 Merc Ln Lockport, IL 60441

Estimated Value: $465,000 - $646,000

3 Beds
3 Baths
3,140 Sq Ft
$182/Sq Ft Est. Value

About This Home

This home is located at 16530 Merc Ln, Lockport, IL 60441 and is currently estimated at $571,823, approximately $182 per square foot. 16530 Merc Ln 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
Nov 24, 2015
Sold by
Robinson Theodore
Bought by
Robinson Family Living Trust
Current Estimated Value
$571,823

Purchase Details

Closed on
Oct 1, 2010
Sold by
Us Bank National Association
Bought by
Robinson Theodore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Outstanding Balance
$126,764
Interest Rate
4.36%
Mortgage Type
New Conventional
Estimated Equity
$445,059

Purchase Details

Closed on
Feb 23, 2010
Sold by
Irwin David and Irwin Rita
Bought by
Us Bank National Association

Purchase Details

Closed on
Oct 14, 2009
Sold by
Irwin David C and Irwin Rita M
Bought by
Us Bank National Association

Purchase Details

Closed on
Jan 31, 2000
Sold by
Mcginty Construction Inc
Bought by
Costa Rita M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
9.25%
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

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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
Robinson Family Living Trust -- None Available
Robinson Theodore $240,000 1St American Title
Us Bank National Association -- None Available
Us Bank National Association $330,000 None Available
Costa Rita M $63,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Theodore $192,000
Previous Owner Costa Rita M $40,000
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 $12,691 $179,449 $22,736 $156,713
2023 $12,691 $162,662 $20,609 $142,053
2022 $11,587 $151,879 $19,243 $132,636
2021 $11,015 $143,893 $18,231 $125,662
2020 $11,034 $138,598 $17,560 $121,038
2019 $10,583 $133,332 $16,893 $116,439
2018 $10,742 $128,450 $16,699 $111,751
2017 $10,548 $124,855 $16,232 $108,623
2016 $10,329 $135,754 $15,691 $120,063
2015 $11,459 $130,658 $15,102 $115,556
2014 $11,459 $127,958 $14,790 $113,168
2013 $11,459 $127,958 $14,790 $113,168
Source: Public Records

Map

Illinois Will County Lockport 60441

16530 Merc Ln, Lockport, IL

This home is located at 16530 Merc Ln, Lockport, IL 60441 and is currently estimated at $571,823, approximately $182 per square foot. 16530 Merc Ln is a home located in Will County with nearby schools including Walsh Elementary School, Ludwig Elementary School, and Reed Elementary School.

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