NOT LISTED FOR SALE

407 Read St Lockport, IL 60441

Estimated Value: $373,070 - $443,000

-- Bed
-- Bath
-- Sq Ft
9,583 Sq Ft Lot

About This Home

This home is located at 407 Read St, Lockport, IL 60441 and is currently estimated at $416,518. 407 Read St is a home located in Will County with nearby schools including Milne Grove Elementary School, Kelvin Grove Jr High School, and Lockport Township High School East.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2023
Sold by
Maggu Sukhbir K and Maggu Preeti R
Bought by
Locke David A and Locke Patricia A
Current Estimated Value
$416,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,750
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2021
Sold by
Locke David A and Locke Patricia A
Bought by
Locke Family Trust

Purchase Details

Closed on
Jul 11, 1994
Sold by
Beverly Trust Company
Bought by
Maggu Sukhbir K and Maggu Preeti R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,800
Interest Rate
8.6%

Purchase Details

Closed on
Aug 28, 1987
Bought by
Maggu Sukhbir K
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
Locke David A $385,000 First American Title
Locke Family Trust -- None Listed On Document
Maggu Sukhbir K $161,000 Chicago Title Insurance Co
Maggu Sukhbir K $161,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Locke David A $365,750
Previous Owner Maggu Sukhbir K $128,800
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
2024 $10,037 $124,912 $31,524 $93,388
2023 $10,037 $112,140 $28,301 $83,839
2022 $8,712 $105,640 $26,661 $78,979
2021 $8,228 $99,276 $25,055 $74,221
2020 $8,003 $96,011 $24,231 $71,780
2019 $7,577 $91,006 $22,968 $68,038
2018 $7,422 $87,506 $22,085 $65,421
2017 $7,116 $82,608 $20,849 $61,759
2016 $6,771 $77,421 $19,540 $57,881
2015 $6,254 $71,518 $18,050 $53,468
2014 $6,254 $68,112 $17,190 $50,922
2013 $6,254 $69,502 $17,541 $51,961
Source: Public Records

Map

Illinois Will County Lockport 60441

407 Read St, Lockport, IL

This home is located at 407 Read St, Lockport, IL 60441 and is currently estimated at $416,518. 407 Read St is a home located in Will County with nearby schools including Milne Grove Elementary School, Kelvin Grove Jr High School, and Lockport Township High School East.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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