16756 W Merc Ln Lockport, IL 60441
Estimated Value: $596,287 - $771,000
4
Beds
3
Baths
3,482
Sq Ft
$198/Sq Ft
Est. Value
Highlights
- Landscaped Professionally
- Contemporary Architecture
- Wood Flooring
- Ludwig Elementary School Rated 9+
- Vaulted Ceiling
- 1-minute walk to Red Oaks Park
About This Home
As of October 2016Why wait to build when this one has it all! Former Builder's model with loads of upgrades included! Large eat-in kitchen features an abundance of soft close cabinets, beveled granite counters, granite topped functional island with breakfast bar, tumbled marble back splash, walk-in pantry, & Kitchen Aid stainless steel appliance set! Beautiful hand scraped wide plank wood floors, 2-panel solid core doors, white trim package throughout. Main level office can also be used a bedroom! The HUGE master suite is complete with 2 walk-in closets,sitting nook, & private bath with 2 vanities, separate shower, soaking tub! All bedrooms have walk-in closets, as well as a Jack & Jill bathroom with 2 vanities! Updated security system, fenced yard, updated exterior lighting package, 3-car garage with heat & cable, whole home audio system, central vac, & a park directly across the street!
Last Agent to Sell the Property
Crosstown Realtors, Inc. License #475140818 Listed on: 08/10/2016
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $16,439
Year Built
- 2008
Lot Details
- Fenced Yard
- Landscaped Professionally
HOA Fees
- $33 per month
Parking
- Attached Garage
- Heated Garage
- Garage Transmitter
- Garage Door Opener
- Driveway
- Parking Included in Price
- Garage Is Owned
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
- Stone Siding
Interior Spaces
- Vaulted Ceiling
- Skylights
- Fireplace With Gas Starter
- Sitting Room
- Home Office
- Wood Flooring
Kitchen
- Breakfast Bar
- Walk-In Pantry
- Oven or Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Kitchen Island
Bedrooms and Bathrooms
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- Dual Sinks
- Separate Shower
Laundry
- Laundry on main level
- Dryer
- Washer
Unfinished Basement
- Basement Fills Entire Space Under The House
- Rough-In Basement Bathroom
Outdoor Features
- Patio
- Porch
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Gas
- Community Well
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 10, 2016
Closed on
Oct 5, 2016
Sold by
Avis Richard G and Avis Julianne
Bought by
King Andrew and King Susan
Seller's Agent
Tim Sherry
Crosstown Realtors, Inc.
Buyer's Agent
Kimberly Wirtz
Wirtz Real Estate Group Inc.
List Price
$439,900
Sold Price
$430,000
Premium/Discount to List
-$9,900
-2.25%
Total Days on Market
5
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
$260,322
Avg. Annual Appreciation
5.60%
Original Mortgage
$344,000
Interest Rate
4%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 3, 2012
Closed on
Jul 1, 2013
Sold by
Beechen And Dill Builders Inc
Bought by
Avis Richard G and Avis Julianne
Seller's Agent
Linda DiBenardo
RE/MAX IMPACT
Buyer's Agent
Linda DiBenardo
RE/MAX IMPACT
List Price
$525,990
Sold Price
$458,000
Premium/Discount to List
-$67,990
-12.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.91%
Original Mortgage
$366,400
Interest Rate
3.25%
Mortgage Type
VA
Similar Homes in Lockport, IL
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| King Andrew | $430,000 | Fidelity National Title Ins | |
| Avis Richard G | $458,000 | Greater Illinois Title Compa |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | King Susan K | $42,500 | |
| Open | King Andrew | $374,000 | |
| Closed | King Andrew A | $374,000 | |
| Closed | King Susan K | $43,500 | |
| Closed | King Andrew | $344,000 | |
| Previous Owner | Avis Richard G | $366,400 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/05/2016 10/05/16 | Sold | $430,000 | -2.3% | $123 / Sq Ft |
| 08/15/2016 08/15/16 | Pending | -- | -- | -- |
| 08/10/2016 08/10/16 | For Sale | $439,900 | -4.0% | $126 / Sq Ft |
| 07/01/2013 07/01/13 | Sold | $458,000 | -2.6% | $131 / Sq Ft |
| 05/02/2013 05/02/13 | Pending | -- | -- | -- |
| 04/26/2013 04/26/13 | Price Changed | $469,990 | -2.1% | $134 / Sq Ft |
| 02/07/2013 02/07/13 | Price Changed | $479,990 | -8.7% | $137 / Sq Ft |
| 10/03/2012 10/03/12 | For Sale | $525,990 | -- | $150 / Sq Ft |
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 | $16,439 | $191,767 | $27,883 | $163,884 |
| 2022 | $14,787 | $179,055 | $26,035 | $153,020 |
| 2021 | $14,093 | $169,640 | $24,666 | $144,974 |
| 2020 | $14,024 | $163,398 | $23,758 | $139,640 |
| 2019 | $13,589 | $157,189 | $22,855 | $134,334 |
| 2018 | $13,271 | $151,519 | $22,593 | $128,926 |
| 2017 | $13,036 | $147,278 | $21,961 | $125,317 |
| 2016 | $12,771 | $142,367 | $21,229 | $121,138 |
| 2015 | $11,843 | $137,023 | $20,432 | $116,591 |
| 2014 | $11,843 | $128,864 | $20,010 | $108,854 |
| 2013 | $11,843 | $128,864 | $20,010 | $108,854 |
Source: Public Records
Agents Affiliated with this Home
-
Tim Sherry
Seller's Agent in 2016
Tim Sherry
Crosstown Realtors, Inc.
(708) 709-9833
10 in this area
146 Total Sales
-
Kimberly Wirtz
Buyer's Agent in 2016
Kimberly Wirtz
Wirtz Real Estate Group Inc.
(708) 516-3050
143 in this area
1,094 Total Sales
-
Linda DiBenardo
Seller's Agent in 2013
Linda DiBenardo
RE/MAX
(630) 327-8407
13 in this area
89 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD09312882
APN: 05-18-102-017
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