NOT LISTED FOR SALE

16700 W Merc Ln Lockport, IL 60441

Estimated Value: $558,472 - $861,000

4 Beds
3 Baths
2,700 Sq Ft
$244/Sq Ft Est. Value

Last Sold November 14, 2013

Last sale price $389,990 $144 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,678/month

27 Days on Market

Highlights

  • Double Shower
  • Corner Lot
  • Central Air
  • Ludwig Elementary School Rated 9+
  • Stainless Steel Appliances
  • 2-minute walk to Red Oaks Park

About This Home

As of November 2013

~Beautiful CUSTOM Home, w/ Detailed UPGRADES~The Aspen ~S'west Sub. Home Build'r Award Winning Home!EXTENDED Kit/FAM Rm~4 BR's~ HARDWOOD Flrs~GRANITE Kit ~SS Appl's~DR Bay~Master w/Dual WIC's & Tray Ceil~WALK-OUT Bmt w/Rough-in~3 CAR GAR~DECK~Concrete Dr.~Fully Sodded Yd~TEN year structural Warranty~Lot 28~LAST Walk-out Available under $400K~Photos from Upgraded Model Creekside Estates~Elevation "C"~FALL Delivery~

Last Agent to Sell the Property

Linda DiBenardo

RE/MAX IMPACT License #471000714 Listed on: 05/30/2013

RE/MAX IMPACT

Last Buyer's Agent

LaNita Cates

HomeSmart Realty Group, IL License #475145469

HomeSmart Realty Group, IL

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $14,037

Year Built

  • 2013

Lot Details

  • 10,454

HOA Fees

  • $15 per month

Parking

  • Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Double Shower
  • Separate Shower

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Rough-In Basement Bathroom

Schools

  • Ludwig Elementary School
  • Lockport Township High School

Utilities

  • Central Air
  • Community Well

Additional Features

  • Combination Dining and Living Room
  • Corner Lot

Property Details

Home Type

Other

Est. Annual Taxes

$14,037

Year Built

2013

Lot Details

0

HOA Fees

$15 per month

Parking

3

Interior Features

  • Total # Of Rooms: 10
  • Appliances: Oven/Range, Microwave, Dishwasher, All Stainless Steel Kitchen Appliances
  • Equipment: Sump Pump
  • Fireplace Type/Details: Gas Logs, Gas Starter
  • Fireplaces: 1
  • Attic: Unfinished
  • Basement: Full, Walkout
  • Basement: Unfinished, Bathroom Rough-In
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 20X19
  • Master Bedroom Flooring: Carpet
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 13X12
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 13X12
  • Third Bedroom Flooring: Carpet
  • Fourth Bedroom Level: 2nd Level
  • Fourth Bedroom Size: 14X13
  • Fourth Bedroom Flooring: Carpet
  • Bathroom Amenities: Separate Shower, Double Sink, Double Shower
  • Living Room Level: Main Level
  • Living Room Size: 13X10
  • Living Room Flooring: Hardwood
  • Dining Room: Combined w/ LivRm
  • Dining Room Level: Main Level
  • Dining Room Size: 13X11
  • Dining Room Flooring: Hardwood
  • Family Room Level: Main Level
  • Family Room Size: 20X14
  • Family Room Flooring: Carpet
  • Kitchen Type: Eating Area-Table Space, Island
  • Kitchen Level: Main Level
  • Kitchen Size: 19X14
  • Kitchen Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick, Other
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 3
  • Parking Type: Garage
  • Garage Type: Garage Door Opener(s), Transmitter(s)
  • Driveway: Concrete

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Well-Community
  • Heat/Fuel: Gas, Forced Air
  • Sewer: Sewer-Storm

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment/Association Fees: 175

Schools

  • Elementary School: Ludwig Elementary School
  • High School: Lockport Township High School
  • Junior High Dist: 92
  • Junior High: Oak Prairie Junior High School

Lot Info

  • Lot Dimensions: 90 X 122
  • Lot Description: Corner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2013
Closed on
Nov 14, 2013
Sold by
Beechen & Dill Homes Inc
Bought by
Tran Michael J and Tran Amy T
Seller's Agent
Linda DiBenardo
RE/MAX IMPACT
Buyer's Agent
LaNita Cates
HomeSmart Realty Group, IL
List Price
$379,990
Sold Price
$389,990
Premium/Discount to List
$10,000
2.63%
Total Days on Market
27
Current Estimated Value
$658,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,378
Avg. Annual Appreciation
4.62%
Original Mortgage
$382,925
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
May 30, 2013
Closed on
Sep 25, 2013
Sold by
Beechen And Dill Builders Inc
Bought by
Beechen And Dill Homes Inc
Seller's Agent
Linda DiBenardo
RE/MAX IMPACT
Buyer's Agent
LaNita Cates
HomeSmart Realty Group, IL
List Price
$379,990
Sold Price
$389,990
Premium/Discount to List
$10,000
2.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,925
Interest Rate
4.25%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tran Michael J $389,990 Greater Illinois Title Co
Beechen And Dill Homes Inc $228,000 Greater Illinois Title Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran Michael J $352,000
Closed Tran Michael J $377,228
Closed Tran Michael J $382,925
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2013 11/14/13 Sold $389,990 0.0% $144 / Sq Ft
06/27/2013 06/27/13 Price Changed $389,990 +2.6% $144 / Sq Ft
06/26/2013 06/26/13 Pending -- -- --
05/30/2013 05/30/13 For Sale $379,990 -- $141 / 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 $14,037 $164,814 $27,883 $136,931
2022 $12,637 $153,888 $26,035 $127,853
2021 $12,040 $145,796 $24,666 $121,130
2020 $11,978 $140,431 $23,758 $116,673
2019 $11,603 $135,095 $22,855 $112,240
2018 $11,337 $130,314 $22,593 $107,721
2017 $11,134 $126,666 $21,961 $104,705
2016 $10,905 $122,442 $21,229 $101,213
2015 $415 $117,846 $20,432 $97,414
2014 $415 $101,623 $20,010 $81,613
2013 $415 $4,253 $4,253 $0
Source: Public Records

Agents Affiliated with this Home

  • Linda DiBenardo

    Seller's Agent in 2013

    Linda DiBenardo

    RE/MAX

    (630) 327-8407

    13 in this area

    89 Total Sales

    Linda DiBenardo
    Section Image
  • LaNita Cates

    Buyer's Agent in 2013

    LaNita Cates

    HomeSmart Realty Group, IL

    (630) 341-1545

    142 Total Sales

    LaNita Cates
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08355504

Midwest Real Estate Data (MRED)

APN: 05-18-102-024

Illinois Will County Lockport 60441

16700 W Merc Ln, Lockport, IL

This home is located at 16700 W Merc Ln, Lockport, IL 60441 since 30 May 2013 and is currently estimated at $658,368, approximately $243 per square foot. This property was built in 2013. 16700 W Merc Ln is a home located in Will County with nearby schools including Walsh Elementary School, Ludwig Elementary School, and Reed Elementary School.

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