16612 W Merc Ln Lockport, IL 60441
Estimated Value: $588,097 - $821,000
--
Bed
--
Bath
3,482
Sq Ft
$206/Sq Ft
Est. Value
About This Home
This home is located at 16612 W Merc Ln, Lockport, IL 60441 and is currently estimated at $718,274, approximately $206 per square foot. 16612 W 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
Sep 3, 2008
Sold by
Beechen & Dill Builders Inc
Bought by
Simon Victor and Simon Penelope E
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
$412,000
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Simon Victor | $515,000 | Greater Illinois Title Co |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Simon Victor | $412,000 |
Source: Public Records
Tax History Compared to Growth
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 | $16,774 | $215,716 | $30,761 | $184,955 |
2023 | $16,774 | $195,536 | $27,883 | $167,653 |
2022 | $15,088 | $182,574 | $26,035 | $156,539 |
2021 | $14,380 | $172,974 | $24,666 | $148,308 |
2020 | $14,310 | $166,609 | $23,758 | $142,851 |
2019 | $13,866 | $160,278 | $22,855 | $137,423 |
2018 | $13,542 | $154,483 | $22,593 | $131,890 |
2017 | $13,302 | $150,159 | $21,961 | $128,198 |
2016 | $12,912 | $145,152 | $21,229 | $123,923 |
2015 | $10,988 | $139,703 | $20,432 | $119,271 |
2014 | $10,988 | $121,271 | $20,010 | $101,261 |
2013 | $10,988 | $119,997 | $20,010 | $99,987 |
Source: Public Records
Map
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