NOT LISTED FOR SALE

Estimated Value: $152,000 - $280,000

4 Beds
1 Bath
1,159 Sq Ft
$186/Sq Ft Est. Value

About This Home

This home is located at 216 Fairmont Ave, Lockport, IL 60441 and is currently estimated at $215,384, approximately $185 per square foot. 216 Fairmont Ave is a home located in Will County with nearby schools including Fairmont School, Lockport Township High School East, and Saint Dennis School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2017
Sold by
First Midwest Bank
Bought by
Midwest Capital Investments Llc
Current Estimated Value
$215,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,092,800
Outstanding Balance
$1,766,074
Interest Rate
3.82%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
-$1,584,485

Purchase Details

Closed on
Oct 30, 2013
Sold by
First Midwest Bank
Bought by
First Midwest Bank Trust 5800

Purchase Details

Closed on
Apr 23, 2010
Sold by
Midwest Capital Investments Llc
Bought by
First Midwest Bank and Trust #8200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
0.47%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 3, 2010
Sold by
Mercer Patricia A and Charter One Auto Finance
Bought by
Midwest Capital Investments Llc

Purchase Details

Closed on
Dec 12, 2002
Sold by
Will County Habitat For Humanity Inc
Bought by
Mercer Patricia A
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Midwest Capital Investments Llc -- None Available
First Midwest Bank Trust 5800 -- None Available
First Midwest Bank -- Ticor Title
Midwest Capital Investments Llc -- None Available
Midwest Capital Investments $34,001 None Available
Mercer Patricia A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Midwest Capital Investments Llc $3,092,800
Previous Owner First Midwest Bank $60,000
Previous Owner Mercer Patricia A $108,000
Closed Mercer Patricia A $0
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 $2,391 $23,378 $5,017 $18,361
2022 $2,169 $20,969 $4,620 $16,349
2021 $1,841 $19,706 $4,342 $15,364
2020 $1,805 $19,058 $4,199 $14,859
2019 $1,742 $18,064 $3,980 $14,084
2018 $1,587 $16,237 $3,578 $12,659
2017 $1,544 $15,328 $3,378 $11,950
2016 $1,590 $15,366 $3,387 $11,979
2015 $1,613 $14,621 $3,223 $11,398
2014 $1,613 $14,621 $3,223 $11,398
2013 $1,613 $15,391 $3,393 $11,998
Source: Public Records

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