NOT LISTED FOR SALE

16620 W Merc Ln Lockport, IL 60441

Estimated Value: $554,011 - $859,000

4 Beds
3 Baths
2,700 Sq Ft
$244/Sq Ft Est. Value

Last Sold August 09, 2013

Last sale price $401,550 $149 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,862/month

2 Days on Market

Highlights

  • Property is near a park
  • Property is adjacent to nature preserve
  • Stainless Steel Appliances
  • Ludwig Elementary School Rated 9+
  • Pond
  • 4-minute walk to Red Oaks Park

About This Home

As of August 2013

Homesite 20 Creekside Estates~ASPEN floor plan~~~SOLD BEFORE PROCESS~Look-out basement~Fireplace~Deck~Beechen & Dill Homes, Inc. ~Illinois Homebuilder of the Year 2011~

Last Agent to Sell the Property

Linda DiBenardo

RE/MAX IMPACT License #471000714 Listed on: 04/18/2013

RE/MAX IMPACT

Last Buyer's Agent

Jeffrey McGinn

RE/MAX IMPACT License #475126734

RE/MAX IMPACT

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $13,843

Year Built

  • 2013

Lot Details

  • 10,454

HOA Fees

  • $23 per month

Parking

  • Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Garden Bath
  • Separate Shower

Unfinished Basement

  • English Basement
  • Basement Fills Entire Space Under The House

Schools

  • Ludwig Elementary School
  • Lockport Township High School

Utilities

  • Central Air
  • Community Well

Additional Features

  • Combination Dining and Living Room
  • Pond
  • Property is adjacent to nature preserve
  • Property is near a park

Property Details

Home Type

Other

Est. Annual Taxes

$13,843

Year Built

2013

Lot Details

0

HOA Fees

$23 per month

Parking

2

Interior Features

  • Total # Of Rooms: 10
  • Appliances: Oven/Range, Microwave, Dishwasher, All Stainless Steel Kitchen Appliances
  • Equipment: Sump Pump
  • Fireplace Type/Details: Gas Logs, Gas Starter
  • Fireplaces: 1
  • Attic: Unfinished
  • Basement: Full, English
  • Basement: Unfinished
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 20X19
  • Master Bedroom Flooring: Carpet
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 13X12
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 13X12
  • Third Bedroom Flooring: Carpet
  • Fourth Bedroom Level: 2nd Level
  • Fourth Bedroom Size: 14X13
  • Fourth Bedroom Flooring: Carpet
  • Bathroom Amenities: Double Sink, Separate Shower, Garden Tub
  • Living Room Level: Main Level
  • Living Room Size: 13X10
  • Living Room Flooring: Hardwood
  • Dining Room: Combined w/ LivRm
  • Dining Room Level: Main Level
  • Dining Room Size: 13X11
  • Dining Room Flooring: Hardwood
  • Family Room Level: Main Level
  • Family Room Size: 20X14
  • Family Room Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Island
  • Kitchen Level: Main Level
  • Kitchen Size: 19X14
  • Kitchen Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick, Other
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 2
  • Parking Type: Garage
  • Garage Type: Garage Door Opener(s), Transmitter(s)
  • Driveway: Concrete

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Well-Community
  • Heat/Fuel: Gas, Forced Air
  • Sewer: Sewer-Storm

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment/Association Fees: 280

Schools

  • Elementary School: Ludwig Elementary School
  • High School: Lockport Township High School
  • Junior High Dist: 92
  • Junior High: Oak Prairie Junior High School

Lot Info

  • Lot Dimensions: 95 X 137
  • Lot Description: Nature Preserve Adjacent, Park Adjacent, Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2020
Sold by
Merrill William A and Merrill Amy E
Bought by
Merrill William and Merrill Amy Elizabeth
Total Days on Market
2
Current Estimated Value
$659,503

Purchase Details

Listed on
Apr 18, 2013
Closed on
Aug 8, 2013
Sold by
Beechen And Dill Homes Inc
Bought by
Merrill William A and Merrill Amy E P
Seller's Agent
Linda DiBenardo
RE/MAX IMPACT
Buyer's Agent
Jeffrey McGinn
RE/MAX IMPACT
List Price
$397,550
Sold Price
$401,550
Premium/Discount to List
$4,000
1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.25%
Original Mortgage
$381,473
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 18, 2013
Closed on
Jun 14, 2013
Sold by
Beechen & Dill Builders Inc
Bought by
Beechen & Dill Builders Inc
Seller's Agent
Linda DiBenardo
RE/MAX IMPACT
Buyer's Agent
Jeffrey McGinn
RE/MAX IMPACT
List Price
$397,550
Sold Price
$401,550
Premium/Discount to List
$4,000
1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,473
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Merrill William -- Attorney
Merrill William A $401,550 Greater Illinois Title Compa
Beechen & Dill Builders Inc $55,000 Greater Illinois Title Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merrill William $340,000
Closed Merrill William A $373,500
Closed Merrill William A $381,473
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2013 08/09/13 Sold $401,550 +1.0% $149 / Sq Ft
04/20/2013 04/20/13 Pending -- -- --
04/18/2013 04/18/13 For Sale $397,550 -- $147 / 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 $13,843 $162,633 $27,883 $134,750
2022 $13,173 $151,852 $26,035 $125,817
2021 $11,874 $143,867 $24,666 $119,201
2020 $11,812 $138,573 $23,758 $114,815
2019 $11,442 $133,307 $22,855 $110,452
2018 $11,181 $128,598 $22,593 $106,005
2017 $10,980 $124,999 $21,961 $103,038
2016 $10,754 $120,831 $21,229 $99,602
2015 $2,864 $116,295 $20,432 $95,863
2014 $2,864 $101,623 $20,010 $81,613
2013 $2,864 $4,253 $4,253 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08321836

Midwest Real Estate Data (MRED)

APN: 05-18-102-032