NOT LISTED FOR SALE

16665 W Merc Ln Lockport, IL 60441

Estimated Value: $603,000 - $870,000

3 Beds
3 Baths
2,404 Sq Ft
$299/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $610,000 $254 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,251/month

74 Days on Market

Highlights

  • Home Theater
  • Open Floorplan
  • Mature Trees
  • Ludwig Elementary School Rated 9+
  • Landscaped Professionally
  • 1-minute walk to Red Oaks Park

About This Home

As of September 2021

A "one-of-a-kind" custom, all-brick, quality built 2,400 sq. ft. RANCH with 4 bedrooms, full finished basement and a 3 car garage! Eureka! It does exist and couldn't be more resplendent! Elegant open concept main level offers awesome millwork throughout and hardwood flooring. Double door entry to private, sun-filled office. Dining room features arched entry and designer ceiling. Great Room with 14' cathedral ceiling and stone fireplace. Gorgeous kitchen complete with custom cabinetry, double oven, island with seating, granite counters, stainless appliances and dinette area. Private master bedroom with walk-in closet and luxury spa-inspired bath including large soaker tub and shower with body sprays. Perfect layout for everyday living. Lower level entry is both tucked away and beautifully incorporated in the upscale home design. So glamorous it's crowned with a chandelier. An ideal option for in-law or guests with a bonus bedroom, as well as a great space for entertaining. Gatherings, both large and small, will enjoy the 2nd family room, private movie theater area and even a twist on your traditional bar area with coffee house style seating. Fully fenced outdoor oasis with plenty of shade from the towering oak trees, offers an oversized stamped concrete patio overlooking the lush lawn. Added peace of mind with back up generator. Large community park and just minutes to downtown Lockport's shopping, restaurants and I355. End of August possession.

Last Agent to Sell the Property

Mike McCatty

Century 21 Circle License #471002650 Listed on: 06/17/2021

Century 21 Circle

Last Buyer's Agent

Jeffrey Jensen

Better Homes & Gardens Real Estate Connections License #471020409

Better Homes & Gardens Real Estate Connections

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,406

Year Built

  • Built in 2008

Lot Details

  • 8,276 Sq Ft Lot
  • Fenced Yard
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Mature Trees
  • Wooded Lot

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Brick or Stone Mason
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,404 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room with Fireplace
  • Great Room
  • Formal Dining Room
  • Home Theater
  • Home Office
  • Recreation Room
  • Storage Room
  • Wood Flooring
  • Carbon Monoxide Detectors

Kitchen

  • Built-In Double Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Outdoor Features

  • Stamped Concrete Patio
  • Pergola

Location

  • Property is near a park

Schools

  • Lockport Township High School

Utilities

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

Community Details

  • Creekside Estates South Subdivision, Ranch Floorplan

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,406

Year Built

Built in 2008

Lot Details

0

HOA Fees

$33 per month

Parking

3

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: Creekside Estates South
  • Year Built: 2008
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Cooktop, Gas Cooktop, Gas Oven, Wall Oven
  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 2404
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Bedroom, In-Law Arrangement, 1st Floor Laundry, Built-in Features, Walk-In Closet(s), 9' Ceilings, Open Floorplan
  • LivingArea: 2404
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump, Generator
  • Room Type: Great Room, Office, Recreation Room, Theatre Room, Storage
  • Estimated Total Finished Sq Ft: 4808
  • Assessed Sq Ft: 4808
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink,Full Body Spray Shower,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Separate
  • Total Sq Ft: 2404
  • Basement Sq Ft: 2404
  • Fireplace Location: Family Room
  • Total Sq Ft: 4808
  • Main Level Sq Ft: 2404
  • Bedroom 2 Flooring: Carpet
  • Dining Room Flooring: Hardwood
  • Kitchen Flooring: Hardwood
  • Kitchen: Eating Area-Table Space,Island,Pantry-Walk-in,Custom Cabinetry,Granite Counters,Updated Kitchen
  • MRD_MBB: Full
  • Master Bedroom Flooring: Carpet
  • Master Bedroom Dimensions: 17X15
  • Bedroom 3 Flooring: Carpet
  • Laundry Flooring: Ceramic Tile
  • Bedroom 4 Flooring: Other

Exterior Features

  • ExteriorFeatures: Stamped Concrete Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 579000
  • Lot Features: Fenced Yard, Landscaped, Wooded, Mature Trees, Sidewalks, Streetlights
  • OtherStructures: Pergola
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Stone

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Concrete
  • 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: 399
  • Association Fee Frequency: Annually
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: Other

Schools

  • High School: Lockport Township High School
  • Middle/Junior School District: 92

Lot Info

  • Lot Size Acres: 0.19
  • Lot Dimensions: 8360
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 12406.1
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Sep 13, 2021
Sold by
Franceschini Thomas M and Franceschini Mary S
Bought by
Mills Kimberly
Seller's Agent
Mike McCatty
Century 21 Circle
Buyer's Agent
Jeffrey Jensen
Better Homes & Gardens Real Estate Connections
List Price
$599,000
Sold Price
$610,000
Premium/Discount to List
$11,000
1.84%
Total Days on Market
74
Current Estimated Value
$719,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,014
Avg. Annual Appreciation
4.85%

Purchase Details

Closed on
Feb 2, 2016
Sold by
Franceschini Mary S and Franceschini Thomas M
Bought by
Thomas M Franceschini and Francesch Mary S

Purchase Details

Listed on
Aug 30, 2012
Closed on
Oct 24, 2012
Sold by
Canfield Arthur J
Bought by
Franceschini Mary S and Franceschini Thomas M
Seller's Agent
Linda DiBenardo
RE/MAX IMPACT
Buyer's Agent
Greg Mucha
Coldwell Banker Real Estate Group
List Price
$439,000
Sold Price
$426,000
Premium/Discount to List
-$13,000
-2.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.34%
Original Mortgage
$318,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2009
Sold by
Canfield Arthur J and Canfield Maria
Bought by
Canfield Arthur J

Purchase Details

Closed on
May 29, 2008
Sold by
Beechen & Dill Builders Inc
Bought by
Canfield Arthur J and Canfield Maria
Source: Public Records

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Range of Values:

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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
Mills Kimberly $610,000 Affinity Title Services
Thomas M Franceschini -- Attorney
Franceschini Mary S $426,000 None Available
Canfield Arthur J -- None Available
Canfield Arthur J $558,000 Greater Illinois Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Franceschini Mary S $318,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $610,000 +1.8% $254 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $599,000 +40.6% $249 / Sq Ft
11/01/2012 11/01/12 Sold $426,000 -3.0% $178 / Sq Ft
09/18/2012 09/18/12 Pending -- -- --
08/30/2012 08/30/12 For Sale $439,000 -- $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
2023 $14,362 $175,715 $27,883 $147,832
2022 $13,506 $164,067 $26,035 $138,032
2021 $12,870 $155,440 $24,666 $130,774
2020 $12,805 $149,720 $23,758 $125,962
2019 $12,406 $144,031 $22,855 $121,176
2018 $12,120 $138,890 $22,593 $116,297
2017 $11,903 $135,002 $21,961 $113,041
2016 $11,659 $130,500 $21,229 $109,271
2015 $11,258 $125,601 $20,432 $105,169
2014 $11,258 $122,789 $20,010 $102,779
2013 $11,258 $122,789 $20,010 $102,779
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11125937

Midwest Real Estate Data (MRED)

APN: 05-18-104-004