16563 W Arbor Terrace Unit 2 Lockport, IL 60441
Estimated Value: $440,233 - $542,000
Studio
--
Bath
2,762
Sq Ft
$181/Sq Ft
Est. Value
About This Home
This home is located at 16563 W Arbor Terrace Unit 2, Lockport, IL 60441 and is currently estimated at $500,558, approximately $181 per square foot. 16563 W Arbor Terrace Unit 2 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
Apr 24, 1998
Sold by
Reynolds Steve D and Mazutis Adriana
Bought by
Cronwall Paul A and Cronwall Mary T
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
$185,000
Outstanding Balance
$35,611
Interest Rate
7.26%
Estimated Equity
$464,947
Purchase Details
Closed on
Jan 6, 1997
Sold by
Mazuris Adriana
Bought by
Mazutis Adriana and Reynolds Steve D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,400
Interest Rate
7.58%
Purchase Details
Closed on
Jan 28, 1994
Sold by
Whispering Pines Development Inc
Bought by
Mazutis Adriana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.5%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cronwall Paul A | $200,000 | -- | |
| Mazutis Adriana | -- | 1St American Title | |
| Mazutis Adriana | $205,000 | Intercounty Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cronwall Paul A | $185,000 | |
| Previous Owner | Mazutis Adriana | $214,400 | |
| Previous Owner | Mazutis Adriana | $145,000 |
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 | $11,488 | $148,962 | $22,736 | $126,226 |
| 2023 | $11,488 | $135,027 | $20,609 | $114,418 |
| 2022 | $10,361 | $126,076 | $19,243 | $106,833 |
| 2021 | $9,868 | $119,447 | $18,231 | $101,216 |
| 2020 | $9,811 | $115,052 | $17,560 | $97,492 |
| 2019 | $9,503 | $110,680 | $16,893 | $93,787 |
| 2018 | $9,278 | $106,711 | $16,699 | $90,012 |
| 2017 | $9,109 | $103,724 | $16,232 | $87,492 |
| 2016 | $8,919 | $100,265 | $15,691 | $84,574 |
| 2015 | $8,734 | $96,501 | $15,102 | $81,399 |
| 2014 | $8,734 | $94,507 | $14,790 | $79,717 |
| 2013 | $8,734 | $94,507 | $14,790 | $79,717 |
Source: Public Records
Map
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