16702 W Arbor Terrace Lockport, IL 60441
Estimated Value: $393,000 - $488,000
3
Beds
3
Baths
--
Sq Ft
0.25
Acres
Highlights
- Above Ground Pool
- Landscaped Professionally
- Deck
- Ludwig Elementary School Rated 9+
- Mature Trees
- Recreation Room
About This Home
As of October 2020Beautiful brick residence exudes an aura of understated sophistication. Lush landscaping with a newly insulated garage and a new custom farmhouse garage door. Welcoming foyer opens into a residence with a highly functional floor plan. Formal living room and dining room with custom crown molding and plush wall to wall carpeting. Lovely kitchen with ample cabinetry, granite counter tops and stainless steel appliances. Breakfast area/eating area with views of the verdant grounds that include massive expansive deck. Comfortable family room with soaring vaulted ceilings and an amazing fireplace. Unbelievably private backyard with massive deck great for entertaining and a heated pool surrounded by a additional deck. Lovely master suite with quaint sitting area and a private bathroom that has a separate shower and soaking tub which is the ultimate space for relaxation. Two additional bedrooms on the second level with spacious closets. FINISHED basement with recreation room, workout room/game room and plenty of storage. Great location with access to expressways, shopping, dining and more! Schedule your private showing, great offering at this price point!
Last Agent to Sell the Property
Christine Wilczek & Jason Bacza
Realty Executives Elite License #471013023 Listed on: 07/21/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $9,872
Year Built
- 1994
Lot Details
- Landscaped Professionally
- Mature Trees
Parking
- Attached Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
- Garage Is Owned
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
Interior Spaces
- Vaulted Ceiling
- Entrance Foyer
- Sitting Room
- Dining Area
- Recreation Room
- Home Gym
- Finished Basement
- Basement Fills Entire Space Under The House
- Storm Screens
- Laundry on main level
Kitchen
- Breakfast Bar
- Double Oven
- Microwave
- Dishwasher
- Stainless Steel Appliances
Bedrooms and Bathrooms
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Soaking Tub
- Separate Shower
Outdoor Features
- Above Ground Pool
- Deck
Utilities
- Central Air
- Heating System Uses Gas
Listing and Financial Details
- $2,500 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 21, 2020
Closed on
Sep 28, 2020
Sold by
Disabato Massimo and Disabato Joanna E
Bought by
Palumbe Jerry
Seller's Agent
Christine Wilczek & Jason Bacza
Realty Executives Elite
Buyer's Agent
Colleen Grinter
Realtopia Real Estate Inc
List Price
$325,000
Sold Price
$319,900
Premium/Discount to List
-$5,100
-1.57%
Total Days on Market
26
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
$112,344
Avg. Annual Appreciation
6.88%
Original Mortgage
$314,105
Interest Rate
4.62%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 25, 2009
Sold by
Fannie Mae
Bought by
Disabato Massimo and Disabato Joanna E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,990
Interest Rate
5.11%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 3, 2008
Sold by
Bruecks Jason T and Bruecks Jessica M
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Oct 8, 2008
Sold by
Bruecks Jason T and Bruecks Jessica M
Bought by
Chase Home Finance Llc
Purchase Details
Closed on
Sep 13, 2004
Sold by
Kostka Stanley M and Kostka Joan E
Bought by
Bruecks Jason T and Bruecks Jessica M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,650
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 10, 1994
Sold by
Mcclusky Edward P and Summers Carolyn C
Bought by
Kostka Stanley M and Kostka Joan E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,200
Interest Rate
7.04%
Similar Homes in Lockport, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Palumbe Jerry | $319,900 | First American Title | |
| Disabato Massimo | $240,000 | First American Title | |
| Federal National Mortgage Association | -- | None Available | |
| Chase Home Finance Llc | $244,826 | None Available | |
| Bruecks Jason T | $287,000 | Stewart Title Company | |
| Kostka Stanley M | $175,000 | Intercounty Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Palumbo Jerry | $44,881 | |
| Closed | Palumbo Jerry | $32,825 | |
| Previous Owner | Palumbe Jerry | $314,105 | |
| Previous Owner | Disabato Massimo | $18,000 | |
| Previous Owner | Disabato Massimo | $220,160 | |
| Previous Owner | Disabato Massimo | $231,990 | |
| Previous Owner | Bruecks Jason T | $33,915 | |
| Previous Owner | Bruecks Jason T | $272,650 | |
| Previous Owner | Kostka Stanley M | $176,000 | |
| Previous Owner | Kostka Stanley M | $151,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/05/2020 10/05/20 | Sold | $319,900 | 0.0% | -- |
| 08/16/2020 08/16/20 | Pending | -- | -- | -- |
| 08/14/2020 08/14/20 | Price Changed | $319,900 | -1.6% | -- |
| 07/21/2020 07/21/20 | For Sale | $325,000 | -- | -- |
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 | $9,872 | $117,054 | $20,609 | $96,445 |
| 2022 | $8,913 | $109,294 | $19,243 | $90,051 |
| 2021 | $8,485 | $103,547 | $18,231 | $85,316 |
| 2020 | $8,433 | $99,737 | $17,560 | $82,177 |
| 2019 | $8,165 | $95,947 | $16,893 | $79,054 |
| 2018 | $7,975 | $92,570 | $16,699 | $75,871 |
| 2017 | $7,828 | $89,979 | $16,232 | $73,747 |
| 2016 | $7,662 | $86,979 | $15,691 | $71,288 |
| 2015 | $7,498 | $83,714 | $15,102 | $68,612 |
| 2014 | $7,498 | $81,984 | $14,790 | $67,194 |
| 2013 | $7,498 | $81,984 | $14,790 | $67,194 |
Source: Public Records
Agents Affiliated with this Home
-
Christine Wilczek & Jason Bacza
Seller's Agent in 2020
Christine Wilczek & Jason Bacza
Realty Executives
(815) 260-9548
21 in this area
704 Total Sales
-
Colleen Grinter
Buyer's Agent in 2020
Colleen Grinter
Realtopia Real Estate Inc
(815) 557-8334
13 in this area
111 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10789373
APN: 05-18-153-002
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