NOT LISTED FOR SALE

16659 W Arbor Terrace Lockport, IL 60441

Estimated Value: $410,346 - $442,000

3 Beds
2 Baths
1,743 Sq Ft
$241/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $350,000 $201 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,042/month

2 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • 2 Car Attached Garage
  • Ludwig Elementary School Rated 10
  • Wood Flooring
  • Living Room

About This Home

As of July 2023

Welcome home to Whispering Pines subdivision and YOUR NEW HOME! This spacious 3 bedroom, 2 full bath ranch home has a welcoming foyer that leads into the living room with vaulted ceilings, gas start/wood burning fireplace and sliding glass doors that lead out to a spacious deck and a private backyard. The roomy 17x13 eat-in kitchen is perfect for even the largest of families. All appliances are included too! The convenient main level laundry room is just off the garage and also has the stairs leading to the full unfinished basement. At 1744 sq ft, the full unfinished basement is the same footprint as the main level and offers roughed in plumbing for a full bathroom and a wet bar or additional sink. Its wide open and awaiting your dreams and ideas. Heading back to the main level, you have 3 nice sized bedrooms, a full hallway bathroom and in the master bedroom you have a spacious walk-in closet and a private bathroom! Updates and upgrades include: Furnace 2010, tear off roof 2013, water heater 2015. Hurry and make this house, YOUR NEW HOME!

Last Agent to Sell the Property

Mark Vaccaro

Century 21 Circle License #471021485 Listed on: 05/25/2023

Century 21 Circle

Last Buyer's Agent

Vito Sruoga

Re/max Millennium License #471004898

Re/max Millennium

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,424

Year Built

  • Built in 1994

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 40x45x121x47x124

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,743 Sq Ft Home
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Rough-In Basement Bathroom
  • Basement Window Egress

Outdoor Features

  • Deck

Schools

  • Walsh Elementary School
  • Oak Prairie Junior High School
  • Lockport Township High School

Utilities

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

Community Details

  • Whispering Pines Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,424

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Whispering Pines
  • Year Built: 1994
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • LivingArea: 1743
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1743
  • Assessed Sq Ft: 3487
  • Basement Description: Unfinished,Bathroom Rough-In,Egress Window
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1743
  • Basement Sq Ft: 1744
  • Fireplace Location: Family Room
  • Total Sq Ft: 3487
  • Unfinished Basement Sq Ft: 1744
  • Main Level Sq Ft: 1743
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 319000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Walsh Elementary School
  • High School: Lockport Township High School
  • Middle/Junior School: Oak Prairie Junior High School
  • Middle/Junior School District: 92

Lot Info

  • Lot Size Acres: 0.24
  • Lot Dimensions: 40X45X121X47X124
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 8424.28
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2023
Closed on
Jul 28, 2023
Sold by
Schmitz Lisa and Panozzo Stephen
Bought by
Todorov Viktor
Seller's Agent
Mark Vaccaro
Century 21 Circle
Buyer's Agent
Vito Sruoga
Re/max Millennium
List Price
$319,000
Sold Price
$350,000
Premium/Discount to List
$31,000
9.72%
Views
446
Current Estimated Value
$419,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,587
Avg. Annual Appreciation
8.72%
Original Mortgage
$332,500
Outstanding Balance
$326,311
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$93,276

Purchase Details

Closed on
Aug 10, 2017
Sold by
Marquette Bank
Bought by
Panozzo Stephen and Schmitz Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 27, 2010
Sold by
Schmitz Lisa M
Bought by
Marquette Bank and Trust #19094

Purchase Details

Closed on
Mar 14, 1994
Sold by
Schmitz Dave
Bought by
Schmitz Dave and Marfise Lisa M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
7.35%
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
Todorov Viktor $350,000 Acuity Title
Panozzo Stephen $275,000 Stewart Title
Marquette Bank $260,000 None Available
Schmitz Lisa Marie $76,000 None Available
Schmitz Dave -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Todorov Viktor $332,500
Previous Owner Panozzo Stephen $220,000
Previous Owner Schmitz Dave $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $350,000 +9.7% $201 / Sq Ft
05/28/2023 05/28/23 Pending -- -- --
05/25/2023 05/25/23 For Sale $319,000 -- $183 / 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 $9,801 $128,269 $22,736 $105,533
2023 $9,801 $116,270 $20,609 $95,661
2022 $8,850 $108,562 $19,243 $89,319
2021 $8,424 $102,853 $18,231 $84,622
2020 $8,373 $99,068 $17,560 $81,508
2019 $8,107 $95,304 $16,893 $78,411
2018 $7,918 $91,953 $16,699 $75,254
2017 $7,772 $89,379 $16,232 $73,147
2016 $7,607 $86,399 $15,691 $70,708
2015 $7,354 $83,156 $15,102 $68,054
2014 $7,354 $81,438 $14,790 $66,648
2013 $7,354 $81,438 $14,790 $66,648
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11791904

Midwest Real Estate Data (MRED)

APN: 16-05-18-154-016