NOT LISTED FOR SALE

16652 W Arbor Terrace Lockport, IL 60441

Estimated Value: $517,000 - $567,000

4 Beds
3 Baths
3,246 Sq Ft
$166/Sq Ft Est. Value

Last Sold August 19, 2015

Last sale price $290,000 $89 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,817/month

122 Days on Market

Highlights

  • Vaulted Ceiling
  • Loft
  • Attached Garage
  • Ludwig Elementary School Rated 10
  • Den
  • Forced Air Heating and Cooling System

About This Home

As of August 2015

Exceptional 2-story home with over 3,200 square feet, featuring 4-5 large bedrooms AND loft, 2.5 bathrooms including gorgeous master suite, 3-car attached garage, and full basement - all on an extra-large lot with HUGE deck and gazebo! Updates include new kitchen with granite and stainless, new carpet, updated baths, interior doors, and fresh paint! This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

Laurie McPhillips-Weglarz

Coldwell Banker Realty License #475123587 Listed on: 01/23/2015

Coldwell Banker Realty

Last Buyer's Agent

Catherine Fehrenbacher

Baird & Warner License #475126412

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,508

Year Built

  • 1993

Lot Details

  • 0.43

Parking

  • Attached Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Aluminum Siding
  • Steel Siding
  • Vinyl Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Vaulted Ceiling
  • Dining Area
  • Den
  • Loft
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • $1,260 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,508

Year Built

1993

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • Age: 21-25 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1993
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1993

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, 1st Floor Laundry
  • Number Of Rooms: 11
  • Living Room: Dimensions: 17X14, On Level: Main Level
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 6X8, On Level: Main Level
  • Dining Room: Dimensions: 12X10, On Level: Main Level
  • Kitchen Type: Dimensions: 13X14, On Level: Main Level
  • Additional Rooms: Den, Eating Area, Loft
  • Master Bedroom: Dimensions: 17X13, On Level: 2nd Level
  • Additional Room 1 Name: Eating Area, Dimensions: 13X11, On Level: Main Level
  • Additional Room 2 Name: Den, Dimensions: 13X10, On Level: Main Level
  • Bedroom 2: Dimensions: 11X13, On Level: 2nd Level
  • Additional Room 3 Name: Loft, Dimensions: 15X9, On Level: 2nd Level
  • Bedroom 3: Dimensions: 11X13, On Level: 2nd Level
  • Bedroom 4: Dimensions: 12X10, On Level: 2nd Level
  • Estimated Sq Ft: 3246
  • Family Room: Dimensions: 18X14, On Level: Main Level

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Aluminum Siding, Vinyl Siding, Steel Siding
  • Acreage: 0.43

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 205
  • Junior High Dist: 92

Lot Info

  • Lot Dimensions: 168X100
  • Parcel Identification Number: 1605181530050000

Tax Info

  • Taxes: 10224.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2015
Closed on
Jul 10, 2015
Sold by
Fannie Mae
Bought by
Barakeh Shadi
Seller's Agent
Laurie McPhillips-Weglarz
Coldwell Banker Realty
Buyer's Agent
Catherine Fehrenbacher
Baird & Warner
List Price
$342,900
Sold Price
$290,000
Premium/Discount to List
-$52,900
-15.43%
Current Estimated Value
$538,923

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,923
Avg. Annual Appreciation
6.31%
Original Mortgage
$280,321
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 20, 2014
Sold by
Vrba George and Vrba Lisa
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 14, 2014
Sold by
Pierce & Associates Pc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 3, 2014
Sold by
Vrba George and Vrba Lisa
Bought by
Pnc Bank National Association

Purchase Details

Closed on
Aug 29, 2005
Sold by
Dellamorte Ronald R and Dellamorte Carolyn L
Bought by
Vrba George M and Vrba Lisa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.86%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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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
Barakeh Shadi $290,000 Premier Title
Federal National Mortgage Association -- None Available
Federal National Mortgage Association -- None Available
Pnc Bank National Association $446,909 None Available
Vrba George M $300,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barakeh Shadi $280,321
Previous Owner Vrba George M $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2015 08/19/15 Sold $290,000 -7.9% $89 / Sq Ft
05/25/2015 05/25/15 Pending -- -- --
04/25/2015 04/25/15 Price Changed $314,999 -3.1% $97 / Sq Ft
03/26/2015 03/26/15 Price Changed $325,000 -3.0% $100 / Sq Ft
02/27/2015 02/27/15 Price Changed $334,900 -2.3% $103 / Sq Ft
01/23/2015 01/23/15 For Sale $342,900 -- $106 / 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 $11,508 $149,206 $22,736 $126,470
2023 $11,508 $135,248 $20,609 $114,639
2022 $10,379 $126,282 $19,243 $107,039
2021 $9,885 $119,642 $18,231 $101,411
2020 $9,828 $115,240 $17,560 $97,680
2019 $9,519 $110,861 $16,893 $93,968
2018 $9,293 $106,883 $16,699 $90,184
2017 $9,124 $103,891 $16,232 $87,659
2016 $8,934 $100,427 $15,691 $84,736
2015 $10,509 $116,208 $15,102 $101,106
2014 $10,509 $113,807 $14,790 $99,017
2013 $10,509 $113,807 $14,790 $99,017
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08822886

Midwest Real Estate Data (MRED)

APN: 16-05-18-153-005