NOT LISTED FOR SALE

16738 W Merc Ln Lockport, IL 60441

Estimated Value: $545,861 - $682,000

4 Beds
3 Baths
2,700 Sq Ft
$225/Sq Ft Est. Value

Last Sold July 30, 2015

Last sale price $386,000 $143 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $4,555/month

51 Days on Market

Highlights

  • Property is adjacent to nature preserve
  • Vaulted Ceiling
  • Wood Flooring
  • Ludwig Elementary School Rated 9+
  • Traditional Architecture
  • 1-minute walk to Red Oaks Park

About This Home

As of July 2015

Beautiful Brand New CUSTOM Home~IMMEDIATE Occupancy~ Detailed UPGRADES~ ASPEN ~S'west Sub. Home Build'r Award Winning Home!~EXTENDED Kitchen~4 BR's~ HARDWOOD Flrs~GRANITE Kit ~SS Appl's~WAINSCOT Formal DINING Rm w/Tray Ceil'g~Niche~Master w/Dual WIC's/Tray Ceil~FIREPLACE~ Paint Pkg.~LOOK-OUT Basement~3 CAR GAR~Concrete Dr.~READY to CLOSE ASAP!~PREMIUM Homesite 33,OVERLOOKS Conservation Area~Elev"C~A GREAT Opportunity

Last Agent to Sell the Property

Linda DiBenardo

RE/MAX IMPACT License #471000714 Listed on: 05/20/2015

RE/MAX IMPACT

Last Buyer's Agent

Exclusive Agency

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,675

Year Built

  • 2015

Lot Details

  • Property is adjacent to nature preserve

HOA Fees

  • $23 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • 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 upper level
  • Wood Flooring
  • Storm Screens
  • Unfinished Basement

Kitchen

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

Bedrooms and Bathrooms

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

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

$13,675

Year Built

2015

Lot Details

0

HOA Fees

$23 per month

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Train, Interstate Access
  • Age: NEW Ready for Occupancy
  • 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: 2015
  • Tax Exemptions: Homeowner
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2015

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 2nd Floor Laundry
  • Number Of Rooms: 9
  • Appliances: Oven/Range, Microwave, Dishwasher, All Stainless Steel Kitchen Appliances
  • Equipment: Sump Pump
  • Fireplace Details: Gas Logs, Gas Starter
  • Fireplace Location: Family Room
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower, Double Sink, Soaking Tub
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 13X17, 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: 09X10, 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: 13X12, 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: Storms/Screens

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
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Public, Well-Community
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Association Fees: 280

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: 80 X 125
  • Lot Description: Nature Preserve Adjacent
  • Parcel Identification Number: 05181201900000

Green Features

  • HERS Index Score: 58

Tax Info

  • Taxes: NEW

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2015
Closed on
Aug 7, 2015
Sold by
Beechen & Dill Homes Inc
Bought by
Beltran Jose A and Serpa Beltran Dalizy
Seller's Agent
Linda DiBenardo
RE/MAX IMPACT
Buyer's Agent
Exclusive Agency
NON MEMBER
List Price
$399,990
Sold Price
$386,000
Premium/Discount to List
-$13,990
-3.5%
Total Days on Market
51
Current Estimated Value
$606,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,715
Avg. Annual Appreciation
4.42%
Original Mortgage
$347,400
Interest Rate
4.12%
Mortgage Type
New Conventional

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
Beltran Jose A $386,000 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 Beltran Jose A $138,639
Open Beltran Jose A $317,000
Closed Beltran Jose A $347,400
Previous Owner Beechen & Dill Homes Inc $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2015 07/30/15 Sold $386,000 -3.5% $143 / Sq Ft
07/10/2015 07/10/15 Pending -- -- --
05/20/2015 05/20/15 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 $13,675 $160,744 $27,883 $132,861
2022 $12,312 $150,088 $26,035 $124,053
2021 $11,730 $142,196 $24,666 $117,530
2020 $11,617 $136,964 $23,758 $113,206
2019 $11,251 $131,759 $22,855 $108,904
2018 $10,993 $127,112 $22,593 $104,519
2017 $10,793 $123,554 $21,961 $101,593
2016 $10,569 $118,856 $21,229 $97,627
2015 $1,929 $20,432 $20,432 $0
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: MRD08929282

Midwest Real Estate Data (MRED)

APN: 05-18-102-019