16659 W Arbor Terrace Lockport, IL 60441
Estimated Value: $356,000 - $400,076
3
Beds
2
Baths
1,743
Sq Ft
$221/Sq Ft
Est. Value
Highlights
- Deck
- Ranch Style House
- 2 Car Attached Garage
- Ludwig Elementary School Rated 9+
- Wood Flooring
- Living Room
About This Home
As of July 2023Welcome 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
Century 21 Circle License #471021485 Listed on: 05/25/2023
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
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%
Total Days on Market
2
Views
446
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,769
Avg. Annual Appreciation
5.31%
Original Mortgage
$332,500
Outstanding Balance
$327,631
Interest Rate
7.88%
Mortgage Type
New Conventional
Estimated Equity
$58,138
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%
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 |
|---|---|---|---|
| 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 David M | $30,350 | |
| 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
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 | $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
-
Mark Vaccaro
Seller's Agent in 2023
Mark Vaccaro
Century 21 Circle
(708) 307-9761
7 in this area
247 Total Sales
-
Vito Sruoga
Buyer's Agent in 2023
Vito Sruoga
Re/max Millennium
(773) 983-4544
6 in this area
141 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11791904
APN: 05-18-154-016
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