NOT LISTED FOR SALE

504 S State St Lockport, IL 60441

Estimated Value: $320,000 - $337,000

3 Beds
3 Baths
1,952 Sq Ft
$170/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $80,000 $41 Per Sq Ft

Est. 314% increase in value since last sale

Current estimated payment $2,319/month

52 Days on Market

Highlights

  • Corner Lot
  • Sitting Room
  • Library
  • Milne Grove Elementary School Rated A-
  • Porch
  • Property is near a bus stop

About This Home

As of December 2018

Here's an opportunity to own a historic home close to downtown Lockport. Newer windows, some interior and exterior items have been started but not yet completed. Home has been gutted and studded to meet the new floor plan. You need to finish this girl off. This is a rehabber or flipper special with much of the work already completed. A perfect winter project.

Last Agent to Sell the Property

Edward Wisniowski

JAW Realty & Valuation, Inc. License #471008691 Listed on: 09/10/2018

Last Buyer's Agent

Kimberly Katsenes

Coldwell Banker Real Estate Group License #475138082

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,656

Year Built

  • 1887

Lot Details

  • 0.3

Parking

  • Driveway

Home Design

  • Stone Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Sitting Room
  • Library
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Separate Shower

Additional Features

  • Porch
  • Corner Lot
  • Property is near a bus stop

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,656

Year Built

1887

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Interstate Access
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1887
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1887

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 31X21, On Level: Main Level
  • Basement: Partial
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 6X6, On Level: Main Level
  • Dining Room: Dimensions: 10X6, On Level: Main Level
  • Kitchen Type: Dimensions: 13X20, On Level: Main Level
  • Additional Rooms: Library, Sitting Room
  • Master Bedroom: Dimensions: 12X21, On Level: 2nd Level
  • Additional Room 1 Name: Library, Dimensions: 12X16, On Level: 2nd Level
  • Additional Room 2 Name: Sitting, Dimensions: 9X6, On Level: 2nd Level
  • Bedroom 2: Dimensions: 10X13, On Level: 2nd Level
  • Bedroom 3: Dimensions: 13X18, On Level: 2nd Level
  • Estimated Sq Ft: 1952

Exterior Features

  • Foundation: Stone
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Porch

Garage/Parking

  • Driveway: Asphalt

Utilities

  • Electricity: Fuses
  • Water: Public
  • Sewer: Sewer-Public

Schools

  • School District: 205
  • Junior High Dist: 91

Lot Info

  • Lot Dimensions: 82.5X163
  • Lot Description: Corner
  • Parcel Identification Number: 0423149001000000

Tax Info

  • Taxes: 5425.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2018
Closed on
Dec 26, 2018
Sold by
Lhnpl Master Trust
Bought by
John Odonnell 401K Trust
Seller's Agent
Edward Wisniowski
JAW Realty & Valuation, Inc.
Buyer's Agent
Kimberly Katsenes
Coldwell Banker Real Estate Group
List Price
$99,900
Sold Price
$80,000
Premium/Discount to List
-$19,900
-19.92%
Current Estimated Value
$331,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,155
Avg. Annual Appreciation
21.78%

Purchase Details

Listed on
Sep 10, 2018
Closed on
Nov 19, 2018
Sold by
Wilmington Savings Fund Society
Bought by
Lhnpl Master Trusts
Seller's Agent
Edward Wisniowski
JAW Realty & Valuation, Inc.
Buyer's Agent
Kimberly Katsenes
Coldwell Banker Real Estate Group
List Price
$99,900
Sold Price
$80,000
Premium/Discount to List
-$19,900
-19.92%

Purchase Details

Closed on
Aug 30, 2018
Sold by
Hernandez Joseph
Bought by
Wilmington Savings Fund Society and Christiana Triust

Purchase Details

Closed on
Aug 3, 2017
Sold by
Hernandez Joseph
Bought by
Paradise Homes Inc

Purchase Details

Listed on
Aug 25, 2016
Closed on
Nov 2, 2016
Sold by
Hernandez Joseph
Bought by
Hernandez Joseph and Kobiela Carol
Seller's Agent
Jeffrey McGinn
RE/MAX IMPACT
Buyer's Agent
Helen Michalak
Real People Realty
List Price
$79,000
Sold Price
$79,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.17%
Original Mortgage
$131,500
Interest Rate
3.5%
Mortgage Type
Construction

Purchase Details

Listed on
Aug 25, 2016
Closed on
Sep 29, 2016
Sold by
Honig William C
Bought by
Hernnadez Joseph
Seller's Agent
Jeffrey McGinn
RE/MAX IMPACT
Buyer's Agent
Helen Michalak
Real People Realty
List Price
$79,000
Sold Price
$79,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,500
Interest Rate
3.5%
Mortgage Type
Construction
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
John Odonnell 401K Trust $80,000 Premier Title
Lhnpl Master Trusts -- Attorney
Wilmington Savings Fund Society -- Attorney
Paradise Homes Inc -- Attorney
Hernandez Joseph -- Attorney
Hernnadez Joseph $79,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernnadez Joseph $131,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2018 12/28/18 Sold $80,000 -19.9% $41 / Sq Ft
12/11/2018 12/11/18 For Sale $99,900 +24.9% $51 / Sq Ft
12/10/2018 12/10/18 Off Market $80,000 -- --
11/21/2018 11/21/18 For Sale $99,900 0.0% $51 / Sq Ft
11/01/2018 11/01/18 Pending -- -- --
10/11/2018 10/11/18 For Sale $99,900 0.0% $51 / Sq Ft
09/26/2018 09/26/18 Pending -- -- --
09/10/2018 09/10/18 For Sale $99,900 +26.5% $51 / Sq Ft
09/10/2018 09/10/18 Pending -- -- --
10/14/2016 10/14/16 Sold $79,000 0.0% $40 / Sq Ft
09/01/2016 09/01/16 Pending -- -- --
08/25/2016 08/25/16 For Sale $79,000 -- $40 / 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 $6,656 $85,521 $23,354 $62,167
2023 $6,656 $76,776 $20,966 $55,810
2022 $6,409 $69,613 $19,558 $50,055
2021 $3,350 $35,946 $18,380 $17,566
2020 $3,273 $36,676 $17,776 $18,900
2019 $6,161 $65,058 $16,849 $48,209
2018 $5,835 $60,144 $15,576 $44,568
2017 $5,425 $54,593 $14,138 $40,455
2016 $5,134 $50,360 $13,042 $37,318
2015 $4,495 $42,689 $11,597 $31,092
2014 $4,495 $41,047 $11,151 $29,896
2013 $4,495 $41,885 $11,379 $30,506
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10078713

Midwest Real Estate Data (MRED)

APN: 11-04-23-149-001