Seller's Agent in 2022
Christine Wilczek & Jason Bacza
Realty Executives
(815) 260-9548
19 in this area
661 Total Sales
16656 W Merc Ln Lockport, IL 60441
Estimated Value: $614,000 - $817,000
4
Beds
3.5
Baths
3,731
Sq Ft
$204/Sq Ft
Est. Value
Highlights
- Waterfront
- Open Floorplan
- Mature Trees
- Ludwig Elementary School Rated 10
- Landscaped Professionally
- 2-minute walk to Red Oaks Park
About This Home
As of May 2022Extraordinary, CUSTOM residence that exudes warmth and sophistication throughout. Striking curb appeal highlighted by brick and stone construction with two gables for tons of added character. Welcoming front porch is the ultimate space for relaxation. Inviting foyer opens to a residence that has a highly functional floor plan and is filled with natural sunlight. Formal living room with elevated ceilings and plush wall to wall carpeting. Gorgeous dining room great for entertaining with custom tray ceilings and crown molding. Remarkable two story great room with soaring ceilings, a stunning fireplace, floor to ceiling windows and an adjacent wet bar with added cabinetry. Gourmet kitchen features custom cabinetry, granite countertops, stainless steel appliances, custom tile backsplash, a sizable center island with elegant pendant lighting and walk in pantry for any home essentials. A quaint eat in area in the kitchen for additional seating with access to expansive two-tiered deck perfect for entertaining. Main level office with charming French doors or can be used as playroom or potential 5th bedroom. Main level laundry and extra space for a mud room area. Incredible master suite with plush wall to wall carpeting, two massive walk in closets for additional storage and a private bathroom has a dual vanity, whirlpool tub and a separate shower. Three additional bedrooms on the second level (one has a private en suite) and two share a jack and Jill bathroom. Full, LOOK OUT basement offers radiant heat flooring tubes, rough in plumbing, recreation, gaming, storage and more. Premium LOT with exceptional backyard offers a serene setting that backs up a pond, multi level deck for entertaining and a covered gazebo with lighting for added ambiance. 3 car garage. Wonderful Lockport location, close to shopping, dining, historic downtown, schools, parks and more. Great offering in this price point for any discerning buyer looking for square footage and massive room sizes. Call for your private showing today. Updates include: Professionally painted, both A/C units are new, one furnace is brand new and the other is within 3 years.
Last Agent to Sell the Property
Christine Wilczek & Jason Bacza
Realty Executives Elite License #471013023 Listed on: 03/11/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,542
Year Built
- Built in 2007
Lot Details
- 0.25 Acre Lot
- Lot Dimensions are 52x131x121x5x125
- Waterfront
- Fenced Yard
- Landscaped Professionally
- Paved or Partially Paved Lot
- Mature Trees
HOA Fees
- $37 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Garage Door Opener
- Driveway
- Parking Included in Price
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,731 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Wet Bar
- Ceiling height of 9 feet or more
- Ceiling Fan
- Skylights
- Fireplace With Gas Starter
- Entrance Foyer
- Great Room with Fireplace
- Living Room
- Formal Dining Room
- Home Office
- Unfinished Attic
Kitchen
- Breakfast Bar
- Double Oven
- Cooktop
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Walk-In Closet
- Dual Sinks
- Whirlpool Bathtub
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Unfinished Basement
- English Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Rough-In Basement Bathroom
- Basement Window Egress
- Basement Lookout
Home Security
- Home Security System
- Carbon Monoxide Detectors
Outdoor Features
- Pond
- Deck
- Fire Pit
- Gazebo
- Porch
Location
- Property is near a park
Schools
- Walsh Elementary School
- Oak Prairie Junior High School
- Lockport Township High School
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Two Heating Systems
- Heating System Uses Natural Gas
- Water Softener is Owned
Community Details
- Creekside Estates Subdivision, Custom Floorplan
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jan 26, 2023
Sold by
Jaber Raed
Bought by
Jaber Raed and Jaber Rasem
Current Estimated Value
Purchase Details
Listed on
Mar 11, 2022
Closed on
May 5, 2022
Sold by
Trust Number 3643
Bought by
Jaber Raed
Seller's Agent
Christine Wilczek & Jason Bacza
Realty Executives Elite
Buyer's Agent
Malek Qandil
HomeSmart Realty Group
List Price
$699,900
Sold Price
$660,000
Premium/Discount to List
-$39,900
-5.7%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.28%
Original Mortgage
$495,000
Interest Rate
4.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 20, 2007
Sold by
Beechen & Dill Builders Inc
Bought by
Chicago Title Land Trust Co and Trust #3643
Create a Home Valuation Report for This Property
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 |
|---|---|---|---|
| Jaber Raed | -- | None Listed On Document | |
| Jaber Raed | $660,000 | None Listed On Document | |
| Chicago Title Land Trust Co | $605,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Jaber Raed | $495,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/17/2022 05/17/22 | Sold | $660,000 | -5.7% | $177 / Sq Ft |
| 04/05/2022 04/05/22 | Pending | -- | -- | -- |
| 03/11/2022 03/11/22 | For Sale | $699,900 | -- | $188 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 | $16,924 | $225,566 | $30,761 | $194,805 |
| 2023 | $16,924 | $204,465 | $27,883 | $176,582 |
| 2022 | $15,373 | $190,911 | $26,035 | $164,876 |
| 2021 | $14,630 | $180,873 | $24,666 | $156,207 |
| 2020 | $14,542 | $174,217 | $23,758 | $150,459 |
| 2019 | $14,075 | $167,597 | $22,855 | $144,742 |
| 2018 | $13,726 | $161,508 | $22,593 | $138,915 |
| 2017 | $13,470 | $156,987 | $21,961 | $135,026 |
| 2016 | $13,181 | $151,752 | $21,229 | $130,523 |
| 2015 | $12,793 | $146,056 | $20,432 | $125,624 |
| 2014 | $12,793 | $138,677 | $20,010 | $118,667 |
| 2013 | $12,793 | $138,677 | $20,010 | $118,667 |
Source: Public Records
Agents Affiliated with this Home
-
Christine Wilczek & Jason Bacza
-
Malek Qandil
Buyer's Agent in 2022
Malek Qandil
HomeSmart Realty Group
(708) 945-4292
1 in this area
42 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11345420
APN: 16-05-18-102-026
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