NOT LISTED FOR SALE

16732 W Merc Ln Lockport, IL 60441

Estimated Value: $557,371 - $860,000

4 Beds
3 Baths
2,700 Sq Ft
$245/Sq Ft Est. Value

Last Sold November 26, 2014

Last sale price $443,369 $164 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,877/month

218 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Wood Flooring
  • Ludwig Elementary School Rated 9+
  • Traditional Architecture
  • 1-minute walk to Red Oaks Park

About This Home

As of November 2014

~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~Master w/Dual WIC's & Tray Ceil~LOOK-OUT Bmt w/Rough-in~Arched Openings~Niche~3 CAR GAR~DECK~Concrete Dr.~Fully Sodded Yd~Builder Warranty~PREMIUM Lot 32~Photos from Upgraded Model Creekside Estates~Elevation "B"~FALL Delivery~

Last Agent to Sell the Property

Linda DiBenardo

RE/MAX IMPACT License #471000714 Listed on: 10/24/2013

RE/MAX IMPACT

Last Buyer's Agent

Steve Heilig

Baird & Warner License #471005632

Baird & Warner

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,902

Year Built

  • 2014

Lot Details

  • 9,583

HOA Fees

  • $15 per month

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
  • Gas Log Fireplace
  • Breakfast Room
  • Den
  • Second Floor Utility Room
  • Laundry on main level
  • Wood Flooring
  • Unfinished Basement
  • Rough-In Basement Bathroom

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island

Bedrooms and Bathrooms

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

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,902

Year Built

2014

Lot Details

0

HOA Fees

$15 per month

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Train, Interstate Access
  • Age: NEW Under Construction
  • New Construction: Y
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 2014
  • Tax Exemptions: Homeowner
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2014

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 1st Floor Laundry
  • Number Of Rooms: 10
  • Living Room: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Microwave, Dishwasher, All Stainless Steel Kitchen Appliances
  • Equipment: Sump Pump
  • Fireplace Details: Gas Logs
  • Attic: Unfinished
  • Fireplace Location: Family Room
  • Basement: Unfinished, Bathroom Rough-In
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 19X14, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space, Island
  • Additional Rooms: Breakfast Room, Den, Utility Room-2nd Floor
  • Master Bedroom: Dimensions: 20X19, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Breakfast Rm, Dimensions: 09X07, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Den, Dimensions: 10X10, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Utility Room-2nd Floor, Dimensions: 06X08, On Level: 2nd Level
  • Bedroom 4: Dimensions: 14X13, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 2700
  • Dining Room Type: Combined w/ LivRm
  • Family Room: Dimensions: 20X14, On Level: Main Level, Flooring: Carpet

Exterior Features

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

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
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Association Fees: 175

Schools

  • School District: 205
  • 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: 77 X 135
  • Parcel Identification Number: 1605181020200000

Green Features

  • HERS Index Score: 58

Tax Info

  • Taxes: NEW

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2024
Sold by
Wegworth Michael A and Wegworth Carmela I
Bought by
Wegworth Michael A and Wegworth Michael A
Total Days on Market
218
Current Estimated Value
$662,343

Purchase Details

Closed on
Oct 2, 2019
Sold by
Wegworth Michael A and Wegworth Carmela L
Bought by
Wegworth Michael A and Wegworth Carmela I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 24, 2013
Closed on
Nov 26, 2014
Sold by
Beechen & Dill Homes Inc
Bought by
Wegworth Michael A
Seller's Agent
Linda DiBenardo
RE/MAX IMPACT
Buyer's Agent
Steve Heilig
Baird & Warner
List Price
$399,990
Sold Price
$443,369
Premium/Discount to List
$43,379
10.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.71%
Original Mortgage
$324,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 25, 2013
Sold by
Beechen And Dill Builders Inc
Bought by
Beechen And Dill Homes Inc
Source: Public Records

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Range of Values:

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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
Wegworth Michael A -- None Listed On Document
Wegworth Michael A -- Accommodation
Wegworth Michael A $443,129 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
Previous Owner Wegworth Michael A $125,000
Previous Owner Wegworth Michael A $272,600
Previous Owner Wegworth Michael A $267,000
Previous Owner Wegworth Michael A $324,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/26/2014 11/26/14 Sold $443,369 +0.1% $164 / Sq Ft
10/16/2014 10/16/14 Price Changed $443,129 +7.5% $164 / Sq Ft
06/02/2014 06/02/14 Price Changed $412,390 +3.1% $153 / Sq Ft
05/30/2014 05/30/14 Pending -- -- --
10/24/2013 10/24/13 For Sale $399,990 -- $148 / 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 $13,902 $163,297 $27,883 $135,414
2022 $12,516 $152,472 $26,035 $126,437
2021 $11,886 $144,455 $24,666 $119,789
2020 $11,823 $139,139 $23,758 $115,381
2019 $11,452 $133,852 $22,855 $110,997
2018 $11,189 $129,121 $22,593 $106,528
2017 $10,986 $125,068 $21,961 $103,107
2016 $10,760 $120,897 $21,229 $99,668
2015 $1,929 $116,359 $20,432 $95,927
2014 $1,929 $20,010 $20,010 $0
2013 $1,929 $4,253 $4,253 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08474512

Midwest Real Estate Data (MRED)

APN: 05-18-102-020