NOT LISTED FOR SALE

16705 W Merc Ln Lockport, IL 60441

Estimated Value: $517,158 - $861,000

4 Beds
3 Baths
3,125 Sq Ft
$212/Sq Ft Est. Value

About This Home

This home is located at 16705 W Merc Ln, Lockport, IL 60441 and is currently estimated at $661,790, approximately $211 per square foot. 16705 W Merc Ln is a home located in Will County with nearby schools including Walsh Elementary School, Ludwig Elementary School, and Reed Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2008
Sold by
Beechen & Dill Builders Inc
Bought by
Shafer Thomas J and Shafer Kristi F
Current Estimated Value
$661,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,936
Interest Rate
5.08%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Shafer Thomas J $451,500 Greater Illinois Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shafer Thomas J $291,200
Closed Shafer Thomas J $340,000
Previous Owner Shafer Thomas J $405,936
Source: Public Records

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 $15,134 $177,129 $27,883 $149,246
2022 $13,619 $165,387 $26,035 $139,352
2021 $12,978 $156,691 $24,666 $132,025
2020 $13,009 $150,925 $23,758 $127,167
2019 $12,510 $145,190 $22,855 $122,335
2018 $12,221 $140,003 $22,593 $117,410
2017 $12,003 $136,084 $21,961 $114,123
2016 $11,757 $131,546 $21,229 $110,317
2015 $11,127 $126,608 $20,432 $106,176
2014 $11,127 $119,997 $20,010 $99,987
2013 $11,127 $119,997 $20,010 $99,987
Source: Public Records

Map

Illinois Will County Lockport 60441

16705 W Merc Ln, Lockport, IL

This home is located at 16705 W Merc Ln, Lockport, IL 60441 and is currently estimated at $661,790, approximately $211 per square foot. 16705 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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