16656 W Merc Ln Lockport, IL 60441
Estimated Value: $809,000 - $828,000
4
Beds
3.5
Baths
3,731
Sq Ft
$219/Sq Ft
Est. Value
Highlights
- Waterfront
- Open Floorplan
- Mature Trees
- Ludwig Elementary School Rated 9+
- 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
Total Days on Market
24
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
7.20%
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
Similar Homes in the area
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 | -- | -- | |
| 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 | |
| Previous Owner | Chicago Title Land Trust Company | $100,000 |
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 |
|---|---|---|---|---|
| 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
Seller's Agent in 2022
Christine Wilczek & Jason Bacza
Realty Executives
(815) 260-9548
21 in this area
704 Total Sales
-
Malek Qandil
Buyer's Agent in 2022
Malek Qandil
HomeSmart Realty Group
(708) 945-4292
1 in this area
31 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11345420
APN: 05-18-102-026
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 16650 W Merc Ln
- 15362 S Banyon Ct Unit 1
- 14816 S Hillside Dr
- 14800 S Hillside Dr
- 14749 S Hillside Dr
- 14739 S Hillside Dr
- 14760 S Hillside Dr
- 14762 S Hillside Dr
- 14764 S Hillside Dr
- 14806 S Hillside Dr
- 14802 S Hillside Dr
- 14804 S Hillside Dr
- 0 Smith Rd South of 135th St Unit MRD12274096
- 0 151st & MacGregor St Unit MRD11873272
- 0 N State St Unit 10995892
- 1224 Newbridge Ave
- 9.5 Acres S Archer Ave
- 912 Macgregor Rd
- 16419 W 147th Place
- 311 Edinburgh Dr
- 16656 W Merc Ln
- 16658 W Merc Ln
- 16654 W Merc Ln
- 16700 W Merc Ln
- 16708 W Merc Ln
- 16657 W Merc Ln
- 16716 W Merc Ln
- 16659 W Merc Ln
- 16644 W Merc Ln
- 16724 W Merc Ln
- 16661 W Merc Ln
- 16636 W Merc Ln
- 15230 S Douglas Pkwy
- 16732 W Merc Ln
- 15238 S Douglas Pkwy
- 16757 W Huntington Dr
- 16705 W Merc Ln
- 16711 W Merc Ln
- 16665 W Merc Ln
- 16663 W Merc Ln