NOT LISTED FOR SALE

224 Madison St Lockport, IL 60441

Estimated Value: $275,000 - $345,000

3 Beds
1 Bath
1,328 Sq Ft
$227/Sq Ft Est. Value

Last Sold March 14, 2018

Last sale price $130,000 $98 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $2,221/month

31 Days on Market

Highlights

  • Ranch Style House
  • Walk-In Pantry
  • Breakfast Bar
  • Milne Grove Elementary School Rated A-
  • Attached Garage
  • Entrance Foyer

About This Home

As of March 2018

All Brick Ranch with 3 bedrooms. Full unfinished Basement that could be finished to create extra living space. Attached 1.5 Car Garage with EDO and pull down stairs to the unfinished attic. Appears to be plaster walls. Parquet floors, Built in hall closets with drawers. All bedrooms have large full wall closets. Eat in kitchen with plenty of cabinet space, built in stove/oven and free standing refridgerator and a pantry closet. Washer, Dryer and Freezer in Basement. GFHA & HWH appears good. Battery Back-Up Sump Pump in basement. Some Plumbing and electric have been updated. 100Amp Circuit Breakers. Laudry Chute from upstairs bathroom closet to lower level. Home needs cosmetic updating. Roof does not appear to leak but shingles starting to curl. May consider FHA but home is being sold as-is. Estate Sale. Seller is offering a Standard HMS 1 Year Home Warranty at closing for the new purchaser.

Last Agent to Sell the Property

Kenneth Pytlewski

Oak Leaf Realty License #471007171 Listed on: 01/09/2018

Last Buyer's Agent

Frank Digiovanni

Frank V DiGiovanni Sr

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,413

Year Built

  • 1957

Lot Details

  • East or West Exposure

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Bathroom on Main Level
  • Entrance Foyer
  • Laminate Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Built-In Oven
  • Cooktop with Range Hood
  • Freezer

Laundry

  • Dryer
  • Washer

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $2,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,413

Year Built

1957

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Train, Interstate Access
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Total Sq Ft: 1328
  • Unfinished Basement Sq Ft: 1328
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1957
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Interior Property Features: Wood Laminate Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 5
  • Living Room: Dimensions: 15X14, On Level: Main Level, Flooring: Wood Laminate, Windows: All
  • Appliances: Refrigerator, Freezer, Washer, Dryer, Cooktop, Oven/Built-in, Range Hood
  • Equipment: CO Detectors, Ceiling Fan, Backup Sump Pump;
  • Attic: Pull Down Stair, Unfinished
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 16X13, On Level: Main Level, Flooring: Wood Laminate, Windows: All
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 12X10, On Level: Main Level, Flooring: Wood Laminate, Windows: All
  • Additional Room 1 Name: Foyer, Dimensions: 6X7, On Level: Main Level, Flooring: Parquet, Windows: None
  • Bedroom 2: Dimensions: 13X10, On Level: Main Level, Flooring: Parquet, Windows: All
  • Bedroom 3: Dimensions: 12X10, On Level: Main Level, Flooring: Parquet, Windows: All
  • Estimated Sq Ft: 1328
  • Estimated Total Finished Sq Ft: 1328
  • Main Level Sq Ft: 1328

Exterior Features

  • Foundation: Block
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exposure: W (West)

Garage/Parking

  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1.5
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers, 100 Amp Service
  • Air Conditioner: 2 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 205
  • Elementary School: MILNE GROVE ELEMENTARY SCHOOL
  • Middle School: KELVIN GROVE ELEMENTARY SCHOOL
  • High School: LOCKPORT TOWNSHIP HIGH SCHOOL
  • Junior High Dist: 91

Lot Info

  • Lot Dimensions: 55X124X57X124
  • Parcel Identification Number: 1104232300110000

Tax Info

  • Taxes: 4250

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2018
Closed on
Mar 7, 2018
Sold by
Nelson Catherine
Bought by
Billings Jason
Seller's Agent
Kenneth Pytlewski
Oak Leaf Realty
Buyer's Agent
Frank Digiovanni
Frank V DiGiovanni Sr
List Price
$152,700
Sold Price
$130,000
Premium/Discount to List
-$22,700
-14.87%
Current Estimated Value
$301,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,020
Avg. Annual Appreciation
11.85%
Original Mortgage
$126,100
Interest Rate
4.32%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Billings Jason $130,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Billings Jason $142,750
Closed Billings Jason $122,500
Closed Billings Jason $126,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2018 03/14/18 Sold $130,000 -3.6% $98 / Sq Ft
02/09/2018 02/09/18 Pending -- -- --
02/03/2018 02/03/18 Price Changed $134,900 -11.7% $102 / Sq Ft
01/29/2018 01/29/18 For Sale $152,700 0.0% $115 / Sq Ft
01/19/2018 01/19/18 Pending -- -- --
01/09/2018 01/09/18 For Sale $152,700 -- $115 / 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
2024 $7,413 $94,342 $20,958 $73,384
2023 $7,413 $84,695 $18,815 $65,880
2022 $6,260 $79,004 $17,550 $61,454
2021 $5,895 $74,245 $16,493 $57,752
2020 $5,724 $71,804 $15,951 $55,853
2019 $5,404 $68,060 $15,119 $52,941
2018 $5,037 $62,918 $13,976 $48,942
2017 $4,582 $57,112 $12,687 $44,425
2016 $4,249 $52,683 $11,703 $40,980
2015 $2,065 $42,390 $10,407 $31,983
2014 $2,065 $40,760 $10,007 $30,753
2013 $2,065 $41,592 $10,211 $31,381
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09829596

Midwest Real Estate Data (MRED)

APN: 11-04-23-230-011