NOT LISTED FOR SALE

16702 W Arbor Terrace Lockport, IL 60441

Estimated Value: $414,000 - $479,000

3 Beds
3 Baths
-- Sq Ft
0.25 Acres

Last Sold October 05, 2020

Last sale price $319,900

Est. 41% increase in value since last sale

Current estimated payment $3,210/month

26 Days on Market

Highlights

  • Above Ground Pool
  • Landscaped Professionally
  • Deck
  • Ludwig Elementary School Rated 10
  • Mature Trees
  • Recreation Room

About This Home

As of October 2020

Beautiful 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

Realty Executives Elite

Last Buyer's Agent

Colleen Grinter

Realtopia Real Estate Inc License #475122526

Realtopia Real Estate Inc

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,872

Year Built

1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: Interstate Access
  • Age: 26-30 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Square Footage Comments: Assessor square footage includes basement.
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 1994
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1994

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, 1st Floor Laundry, Walk-In Closet(s)
  • Number Of Rooms: 11
  • Living Room: Dimensions: 16X12, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Appliances: Oven-Double, Microwave, Dishwasher, Refrigerator, All Stainless Steel Kitchen Appliances
  • Attic: Unfinished
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Soaking Tub
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 7X7, On Level: Main Level, Flooring: Hardwood, Windows: None
  • Dining Room: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Kitchen Type: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Eating Area, Recreation Room, Sitting Room, Exercise Room, Foyer
  • Master Bedroom: Dimensions: 20X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Eating Area, Dimensions: 14X8, On Level: Main Level, Flooring: Hardwood, Windows: Blinds
  • Additional Room 2 Name: Recreation Rm, Dimensions: 23X13, On Level: Basement, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 13X10, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Additional Room 3 Name: Sitting, Dimensions: 7X5, On Level: 2nd Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 3: Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Exercise Rm, Dimensions: 19X11, On Level: Basement, Flooring: Carpet, Windows: None
  • Additional Room 5 Name: Foyer, Dimensions: 11X9, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Dining Room Type: Separate
  • Family Room: Dimensions: 19X13, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Pool Above Ground, Storms/Screens
  • Acreage: 0.25

Garage/Parking

  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Assessed Sq Ft: 2779

Schools

  • School District: 205
  • Elementary School: Walsh Elementary School
  • Middle School: Oak Prairie Junior High School
  • High School: Lockport Township High School
  • Junior High Dist: 92

Lot Info

  • Lot Dimensions: 86 X 144 X 69 X 131
  • Lot Description: Landscaped Professionally, Mature Trees
  • Parcel Identification Number: 1605181530020000
  • Zero Lot Line: No

Tax Info

  • Taxes: 8165.40

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%
Current Estimated Value
$450,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,275
Avg. Annual Appreciation
6.62%
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%
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 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
Previous Owner Palumbe Jerry $314,105
Previous Owner Disabato Massimo $231,990
Previous Owner Bruecks Jason T $272,650
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

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
2024 $9,872 $129,134 $22,736 $106,398
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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10789373

Midwest Real Estate Data (MRED)

APN: 16-05-18-153-002