NOT LISTED FOR SALE

402 Read St Lockport, IL 60441

Estimated Value: $428,000 - $450,000

4 Beds
2.5 Baths
2,006 Sq Ft
$218/Sq Ft Est. Value

Last Sold June 21, 2024

Last sale price $407,900 $203 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,170/month

17 Days on Market

Highlights

  • Recreation Room
  • 2 Car Attached Garage
  • Central Air
  • Milne Grove Elementary School Rated A-

About This Home

As of June 2024

Nestled in a serene neighborhood, this magnificent property boasts everything you've been searching for. With 4 bedrooms, 2.5 bathrooms, and a finished basement, it offers ample space for comfortable living and entertaining. As you step inside, you'll be greeted by a meticulously designed layout that seamlessly blends style with functionality. The main level features a spacious living room, ideal for cozy evenings with loved ones, while the adjacent dining area provides the perfect setting for hosting gatherings and dinner parties. The kitchen is equipped with stainless steel appliances, ample counter space, and a place for an eat-in kitchen. Step outside onto the expansive deck, where the magic truly happens. Surrounded by lush greenery and offering plenty of space for outdoor furniture and a grill, it's the ultimate venue for summertime barbecues and al fresco dining. Additional to the large deck, there's a SECOND deck and a patio, providing even more options for outdoor entertainment and relaxation, along with a hot tub (as-is). The sprawling yard provides endless opportunities for outdoor activities. Need storage space? Look no further than the convenient shed, perfect for stowing away outdoor equipment and gardening tools. After a long day, retreat to the comfort of the upper level, where you'll find four generously sized bedrooms, each offering ample closet space and natural light. The master suite is a sanctuary unto itself, featuring a luxurious ensuite bathroom and a walk-in closet. But the allure doesn't end there. Descend into the finished basement (2018), where endless possibilities await with a bar! Whether you envision a home theater, game room, or home office, this versatile space can be tailored to suit your lifestyle and needs. Conveniently located near schools, parks, shopping, and dining options, this home offers the perfect blend of tranquility and convenience. Don't miss your chance to make this exquisite property your own - schedule a showing today!

Last Agent to Sell the Property

Brandon Loncar

Loncar Realty License #471020195 Listed on: 05/08/2024

Co-Listed By

Gabriela Wilewska

Loncar Realty License #475190001

Last Buyer's Agent

John Itticheria

New Market Realty Inc License #475211408

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,217

Year Built

  • Built in 1990

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 82x124x88x133

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Interior Spaces

  • 2,006 Sq Ft Home
  • 2-Story Property
  • Recreation Room
  • Finished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,217

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1990
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • LivingArea: 2006
  • Room Type: Recreation Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Square Footage Comments: Basement is additional 426 SF
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 399900
  • Waterfront: No
  • Exterior Building Type: Brick,Wood Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 91

Lot Info

  • Lot Size Acres: 0.25
  • Lot Dimensions: 82X124X88X133
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 9217
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2024
Closed on
Jun 17, 2024
Sold by
Marsh John and Marsh Michelle
Bought by
Humbracht Albert and Champion Angela
Seller's Agent
Brandon Loncar
Loncar Realty
Buyer's Agent
John Itticheria
New Market Realty Inc
List Price
$399,900
Sold Price
$407,900
Premium/Discount to List
$8,000
2%
Views
56
Current Estimated Value
$437,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,789
Avg. Annual Appreciation
5.57%
Original Mortgage
$407,900
Outstanding Balance
$402,420
Interest Rate
6.75%
Mortgage Type
VA
Estimated Equity
$35,269

Purchase Details

Closed on
Sep 15, 2003
Sold by
Rourke Joseph L and Rourke Colleen A
Bought by
Marsh John and Marsh Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 1996
Sold by
First United Bank
Bought by
Rourke Joseph and Rourke Colleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.99%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Humbracht Albert $407,900 Chicago Title
Marsh John $235,000 Ticor Title
Rourke Joseph $150,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Humbracht Albert $407,900
Previous Owner Marsh John $176,000
Previous Owner Rourke Joseph $120,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2024 06/21/24 Sold $407,900 +2.0% $203 / Sq Ft
05/18/2024 05/18/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $399,900 -- $199 / 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 $10,086 $125,473 $31,524 $93,949
2023 $10,086 $112,643 $28,301 $84,342
2022 $9,588 $106,115 $26,661 $79,454
2021 $8,735 $99,723 $25,055 $74,668
2020 $8,514 $96,444 $24,231 $72,213
2019 $8,089 $91,416 $22,968 $68,448
2018 $7,946 $87,900 $22,085 $65,815
2017 $7,650 $82,980 $20,849 $62,131
2016 $7,316 $77,770 $19,540 $58,230
2015 $6,857 $71,840 $18,050 $53,790
2014 $6,857 $68,419 $17,190 $51,229
2013 $6,857 $69,815 $17,541 $52,274
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12042696

Midwest Real Estate Data (MRED)

APN: 11-04-24-116-001