NOT LISTED FOR SALE

168 Madison St Lockport, IL 60441

Estimated Value: $243,000 - $285,000

3 Beds
1 Bath
1,152 Sq Ft
$232/Sq Ft Est. Value

Last Sold April 26, 2016

Last sale price $100,000 $87 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $1,944/month

96 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Bungalow
  • Milne Grove Elementary School Rated A-
  • 2 Car Detached Garage
  • Bathroom on Main Level

About This Home

As of April 2016

3 BEDROOM 1 BATH BUNGALOW IN KELVIN-GROVE SCHOOL DISTRICT. KITCHEN WITH TABLE SPACE, FULL UNFINISHED BASEMENT, HARDWOOD FLOORS IN ALL THE BEDROOMS, NEW FURNACE IN 2013 AND NEW CENTRAL AIR IN 2014. HOME DOES NEED UPDATING BUT IS IN GOOD CONDITION. 2 CAR DETACHED GARAGE AND LARGE YARD. HEIRS ARE IN THE PROCESS OF EMPTYING IT OUT. EXECUTOR DID NOTICE A SMALL AMOUNT OF SEEPAGE AFTER THE LAST VERY HEAVY RAIN.

Last Agent to Sell the Property

Susan Dufault

Coldwell Banker Real Estate Group License #475122166 Listed on: 11/18/2015

Coldwell Banker Real Estate Group

Last Buyer's Agent

Susan Dufault

Coldwell Banker Real Estate Group License #475122166 Listed on: 11/18/2015

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,522

Year Built

  • Built in 1952

Lot Details

  • Lot Dimensions are 60x160
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • No Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,152 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Wood Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 60 Amp Service
  • Water Softener is Owned

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,522

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1952
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, First Floor Bedroom, First Floor Full Bath
  • LivingArea: 1152
  • Other Equipment: Water-Softener Owned, Ceiling Fan(s)
  • Room Type: No additional rooms
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 125000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Fuses, Service - 60 Amp
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 91

Lot Info

  • Lot Dimensions: 60X160
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2521.88
  • Tax Year: 2014
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2015
Closed on
Apr 26, 2016
Sold by
Tully Daniel M and Estate Of Dorothy Fitzgerald
Bought by
Pierson John M
Seller's Agent
Susan Dufault
Coldwell Banker Real Estate Group
Buyer's Agent
Susan Dufault
Coldwell Banker Real Estate Group
List Price
$135,000
Sold Price
$100,000
Premium/Discount to List
-$35,000
-25.93%
Current Estimated Value
$267,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,278
Avg. Annual Appreciation
11.05%
Original Mortgage
$95,000
Outstanding Balance
$76,340
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$188,695
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
Pierson John M $100,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierson John M $10,000
Open Pierson John M $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2016 04/26/16 Sold $100,000 -20.0% $87 / Sq Ft
02/22/2016 02/22/16 Pending -- -- --
01/18/2016 01/18/16 Price Changed $125,000 -7.4% $109 / Sq Ft
11/18/2015 11/18/15 For Sale $135,000 -- $117 / 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 $5,846 $68,307 $19,886 $48,421
2022 $5,313 $63,718 $18,550 $45,168
2021 $5,022 $59,880 $17,433 $42,447
2020 $4,887 $57,911 $16,860 $41,051
2019 $4,630 $54,892 $15,981 $38,911
2018 $4,341 $50,746 $14,774 $35,972
2017 $3,981 $46,063 $13,411 $32,652
2016 $3,210 $42,493 $12,372 $30,121
2015 $2,549 $35,391 $11,002 $24,389
2014 $2,549 $34,030 $10,579 $23,451
2013 $2,549 $34,725 $10,795 $23,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09090683

Midwest Real Estate Data (MRED)

APN: 11-04-23-229-003