$426,000
SOLD NOV 1, 2012

16665 W Merc Ln Lockport, IL 60441

4 Beds
3 Baths
2,400 Sq Ft
8,276 Sq Ft Lot

Recently Sold

$178 Per Sq Ft

3% Below List Price

19 Days on Market

Highlights

  • Home Theater
  • Landscaped Professionally
  • Vaulted Ceiling
  • Ludwig Elementary School Rated 9+
  • Recreation Room
  • 1-minute walk to Red Oaks Park

About This Home

As of September 2021

MAGNIFICENT Residence~Uncompromising Attention to CRAFTSMANSHIP & Detail Distinguish this Home~STATE of the ART Amenities~ CUSTOM Hand-crafted Woodwork~SOARING Ceilings~WidePlank, Hand-scraped Asian WALNUT Flrs~Chef's PRO Kitchen~Rain Shower/Body Spray MBath~A/V wired thru-out~Lower Lvl Theatre/Game Rms, Wet Bar, 9 ft Ceil's~ EXTENSIVE Landscaping~Crushed BLUESTONE Sunken Firepit Enter'g Area~EFL Diamond Lvl Cert'd~

Last Agent to Sell the Property

Linda DiBenardo

RE/MAX IMPACT License #471000714 Listed on: 08/30/2012

RE/MAX IMPACT

Last Buyer's Agent

Greg Mucha

Coldwell Banker Real Estate Group License #471002365

Coldwell Banker Real Estate Group

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $14,362

Year Built

  • 2008

Lot Details

  • Landscaped Professionally

HOA Fees

  • $23 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Stone Siding

Interior Spaces

  • Wet Bar
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Recreation Room
  • Game Room
  • Storage Room
  • Laundry on main level
  • Wood Flooring
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Walk-In Pantry

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Whirlpool Bathtub
  • Shower Body Spray
  • Separate Shower

Finished Basement

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

Outdoor Features

  • Stamped Concrete Patio
  • Outdoor Fireplace

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Community Well

Property Details

Home Type

Other

Est. Annual Taxes

$14,362

Year Built

2008

Lot Details

0

HOA Fees

$23 per month

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Train, Interstate Access
  • Architectural Style: Ranch
  • Type Detached: 1 Story
  • Special Features: None
  • Year Built: 2008

Interior Features

  • Appliances: Oven-Double, Microwave, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances, Wine Cooler/Refrigerator
  • Fireplaces: 1
  • Interior Property Features: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 12
  • Equipment: Humidifier, Water-Softener Owned, CO Detectors, Sump Pump
  • Fireplace Details: Wood Burning, Gas Logs
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 16X17
  • Master Bedroom Flooring: Carpet
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 12X12
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 11X11
  • Third Bedroom Flooring: Carpet
  • Fourth Bedroom Level: Lower
  • Fourth Bedroom Size: 11X16
  • Fourth Bedroom Flooring: Carpet
  • Bathroom Amenities: Whirlpool, Separate Shower, Double Sink, Full Body Spray Shower
  • Dining Room: Separate
  • Dining Room Level: Main Level
  • Dining Room Size: 13X11
  • Dining Room Flooring: Hardwood
  • Family Room Level: Main Level
  • Family Room Size: 20X20
  • Family Room Flooring: Hardwood
  • Kitchen Type: Eating Area-Breakfast Bar, Eating Area-Table Space, Pantry-Walk-in
  • Kitchen Level: Main Level
  • Kitchen Size: 14X10
  • Kitchen Flooring: Hardwood
  • Laundry Level: Main Level
  • Laundry Size: 08X10
  • Laundry Flooring: Porcelain Tile
  • Additional Rooms: Breakfast Room, Den, Game Room, Recreation Room, Storage, Theatre Room
  • Additional Room 1 Name: Den
  • Additional Room 1 Level: Main Level
  • Additional Room 1 Size: 12X10
  • Additional Room 1 Flooring: Hardwood
  • Additional Room 2 Name: Breakfast Rm
  • Additional Room 2 Level: Main Level
  • Additional Room 2 Size: 11X11
  • Additional Room 2 Flooring: Hardwood
  • Additional Room 3 Name: Recreation Rm
  • Additional Room 3 Level: Lower
  • Additional Room 3 Size: 28X35
  • Additional Room 3 Flooring: Carpet
  • Additional Room 4 Name: Game Rm
  • Additional Room 4 Level: Lower
  • Additional Room 4 Size: 10X11
  • Additional Room 4 Flooring: Carpet
  • Additional Room 5 Name: Theater Rm
  • Additional Room 5 Level: Lower
  • Additional Room 5 Size: 11X22
  • Additional Room 5 Flooring: Carpet
  • Additional Room 6 Name: Storage
  • Additional Room 6 Level: Lower
  • Additional Room 6 Size: 20X23

Exterior Features

  • Roof: Asphalt/Glass (Shingles)
  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Stone
  • Exterior Property Features: Patio, Stamped Concrete Patio, Storms/Screens, Outdoor Fireplace

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Concrete
  • Parking Included In Price: Yes

Utilities

  • Cooling: Central Air
  • Electricity: Circuit Breakers
  • Water: Public, Well-Community
  • Sewer: Sewer-Storm, Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment/Association Fees: 280

Schools

  • Elementary School: LUDWIG ELEMENTARY SCHOOL
  • Middle School: OAK PRAIRIE JUNIOR HIGH SCHOOL
  • High School: LOCKPORT TOWNSHIP HIGH SCHOOL
  • Junior High Dist: 92

Lot Info

  • Lot Dimensions: 156 X 181 X 143 X 53
  • Lot Description: Landscaped Professionally

Green Features

  • HERS Index Score: 68

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%
Current Estimated Value
$732,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,366
Avg. Annual Appreciation
4.50%

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
4.24%
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

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 Type Sale Price Title Company
Warranty Deed $610,000 Affinity Title Services
Interfamily Deed Transfer -- Attorney
Warranty Deed $426,000 None Available
Interfamily Deed Transfer -- None Available
Warranty Deed $558,000 Greater Illinois Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $318,000 New Conventional
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: MRD08148589

Midwest Real Estate Data (MRED)

APN: 05-18-104-004