NOT LISTED FOR SALE

16628 W Arbor Terrace Unit 2 Lockport, IL 60441

Estimated Value: $546,775 - $641,000

4 Beds
4 Baths
3,255 Sq Ft
$180/Sq Ft Est. Value

Last Sold October 18, 2016

Last sale price $315,000 $97 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $4,228/month

36 Days on Market

Highlights

  • Landscaped Professionally
  • Recreation Room
  • Vaulted Ceiling
  • Ludwig Elementary School Rated 10
  • Wooded Lot
  • Wood Flooring

About This Home

As of October 2016

Beautiful custom residence nestled on a quiet cul-de-sac in a picturesque setting amongst mature pine trees and lush landscaping, paver walkway, stunning great room w stone fireplace, chef's kitchen with granite counters, white cabinetry, double oven & butler's pantry, formal dining room and formal living room/office, spacious bedrooms with custom closet organizers, full, finished lower level w add'l bath, elegant & neutral decor, gleaming hardwood flooring throughout, lovely master suite w private luxury bath & large walk in closet, 3-car tandem, heated garage!

Last Agent to Sell the Property

Kimberly Wirtz

Wirtz Real Estate Group Inc. License #471005499 Listed on: 07/05/2016

Last Buyer's Agent

Jaymi Block

REMAX Legends License #471019251

REMAX Legends

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,531

Year Built

  • 1995

Lot Details

  • Cul-De-Sac
  • Landscaped Professionally
  • Corner Lot
  • Wooded Lot

Parking

  • Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Stone Siding

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Gas Log Fireplace
  • Entrance Foyer
  • Recreation Room
  • Game Room
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Double Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Brick Porch or Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Gas
  • Individual Controls for Heating

Listing and Financial Details

  • $3,150 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,531

Year Built

1995

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • Age: 21-25 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1995
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1995

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Hardwood Floors, 1st Floor Laundry
  • Number Of Rooms: 10
  • Living Room: Dimensions: 12X13, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Security System, Ceiling Fan, Sump Pump, Sprinkler-Lawn
  • Fireplace Details: Gas Logs
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 15X6, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Dining Room: Dimensions: 15X12, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Dimensions: 26X13, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Recreation Room, Game Room, Foyer
  • Master Bedroom: Dimensions: 19X15, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Additional Room 2 Name: Recreation Rm, Dimensions: 36X12, On Level: Basement, Flooring: Ceramic Tile, Windows: None
  • Bedroom 2: Dimensions: 14X13, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Additional Room 3 Name: Game Rm, Dimensions: 26X16, On Level: Basement, Flooring: Ceramic Tile, Windows: None
  • Bedroom 3: Dimensions: 13X12, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Additional Room 4 Name: Foyer, Dimensions: 14X8, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Bedroom 4: Dimensions: 15X12, On Level: 2nd Level, Flooring: Hardwood, Windows: All
  • Estimated Sq Ft: 3255
  • Dining Room Type: Separate
  • Family Room: Dimensions: 22X17, On Level: Main Level, Flooring: Hardwood, Windows: All

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick, Stone
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Brick Paver Patio

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air, Zoned
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air, 2+ Sep Heating Systems, Indv Controls, Zoned

Schools

  • School District: 205
  • Elementary School: WALSH ELEMENTARY SCHOOL
  • Middle School: OAK PRAIRIE JUNIOR HIGH SCHOOL
  • High School: LOCKPORT TOWNSHIP HIGH SCHOOL
  • Junior High Dist: 92
  • Elementary School #2: REED ELEMENTARY SCHOOL

Lot Info

  • Lot Dimensions: 90 X 150
  • Lot Description: Corner, Cul-de-sac, Landscaped Professionally, Wooded
  • Parcel Identification Number: 1605181530070000

Tax Info

  • Taxes: 10756

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2016
Closed on
Oct 11, 2016
Sold by
Spandonidis Stavros and Spandonidis Beth Ann
Bought by
Sanford Jaime H and Sanford Victoria
Seller's Agent
Kimberly Wirtz
Wirtz Real Estate Group Inc.
Buyer's Agent
Jaymi Block
REMAX Legends
List Price
$324,900
Sold Price
$315,000
Premium/Discount to List
-$9,900
-3.05%
Current Estimated Value
$584,694

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,694
Avg. Annual Appreciation
7.16%
Original Mortgage
$309,294
Outstanding Balance
$249,208
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$335,487

Purchase Details

Closed on
Jun 12, 2014
Sold by
Spandonidis Stavros and Spandonidis Beth Ann
Bought by
Stavros Spandonidis and Stavros Beth Ann

Purchase Details

Closed on
Mar 18, 1996
Sold by
Vrba Builders Inc
Bought by
Spandonidis Stavros and Spandonidis Beth Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.06%

Purchase Details

Closed on
Mar 20, 1995
Sold by
Wojdyla John A and Wojdyla Anna
Bought by
Vrba George
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
Sanford Jaime H $315,000 Citywide Title Corporation
Stavros Spandonidis -- None Available
Spandonidis Stavros $275,000 --
Vrba Builders Inc -- --
Vrba George $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanford Jaime H $309,294
Previous Owner Spandonidis Stavros $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2016 10/18/16 Sold $315,000 -3.0% $97 / Sq Ft
08/10/2016 08/10/16 Pending -- -- --
07/05/2016 07/05/16 For Sale $324,900 -- $100 / 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
2024 $13,531 $174,033 $22,736 $151,297
2023 $13,531 $157,753 $20,609 $137,144
2022 $12,192 $147,295 $19,243 $128,052
2021 $11,616 $139,550 $18,231 $121,319
2020 $11,553 $134,415 $17,560 $116,855
2019 $11,194 $129,308 $16,893 $112,415
2018 $10,924 $124,588 $16,699 $107,889
2017 $10,728 $121,101 $16,232 $104,869
2016 $11,076 $117,063 $15,691 $101,372
2015 $10,888 $112,669 $15,102 $97,567
2014 $10,888 $110,341 $14,790 $95,551
2013 $10,888 $110,341 $14,790 $95,551
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09277202

Midwest Real Estate Data (MRED)

APN: 16-05-18-153-007