NOT LISTED FOR SALE

16651 W Arbor Terrace Lockport, IL 60441

Estimated Value: $525,000 - $560,000

-- Bed
-- Bath
2,735 Sq Ft
$200/Sq Ft Est. Value

About This Home

This home is located at 16651 W Arbor Terrace, Lockport, IL 60441 and is currently estimated at $546,105, approximately $199 per square foot. 16651 W Arbor Terrace 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 29, 2021
Sold by
Howard Andrew M and Howard Patricia M
Bought by
Gleason Michael and Georgantas Ginny M
Current Estimated Value
$546,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,250
Outstanding Balance
$379,581
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$166,524

Purchase Details

Closed on
Jan 27, 1995
Sold by
Vrba James J
Bought by
Howard Andrew M and Howard Patricia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
9.24%

Purchase Details

Closed on
Jun 14, 1994
Sold by
Kwiatkowski Alan and Kwiatkowski Mark
Bought by
Vrba James J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.58%
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

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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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
Gleason Michael $462,500 Fidelity National Title
Howard Andrew M $242,000 --
Vrba James J $48,000 Intercounty Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gleason Michael $416,250
Previous Owner Howard Andrew M $205,000
Previous Owner Vrba James J $160,000
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 $13,138 $169,218 $22,736 $146,482
2023 $13,138 $153,388 $20,609 $132,779
2022 $11,840 $143,220 $19,243 $123,977
2021 $11,280 $135,689 $18,231 $117,458
2020 $11,303 $130,696 $17,560 $113,136
2019 $10,869 $125,730 $16,893 $108,837
2018 $10,608 $121,154 $16,699 $104,455
2017 $10,417 $117,763 $16,232 $101,531
2016 $10,203 $113,836 $15,691 $98,145
2015 $9,875 $109,563 $15,102 $94,461
2014 $9,875 $107,299 $14,790 $92,509
2013 $9,875 $107,299 $14,790 $92,509
Source: Public Records

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