NOT LISTED FOR SALE

515 E 3rd St Lockport, IL 60441

Estimated Value: $280,999 - $335,000

2 Beds
1 Bath
2,160 Sq Ft
$141/Sq Ft Est. Value

Last Sold January 26, 2024

Last sale price $235,000 $109 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,021/month

28 Days on Market

Highlights

  • Heated Enclosed Porch
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Milne Grove Elementary School Rated 9+
  • 1-Story Property
  • Combination Dining and Living Room

About This Home

As of January 2024

Welcome to this "Bungalow" ranch style home in Lovely Lockport. It offers 2 spacious bedrooms, 1 full bath and a 1 shower/toilet in the basement. Living room/dining room combination with plenty of built-ins for storage, located off the kitchen. Appliances staying. Enclosed sun porch at the front of the house. Full basement offers additional living space and has a storage room, work room and laundry room. It is situated on a nice size lot with garage to rear. Large detached garage has man cave/entertaining room that is heated with a unique fireplace and TV hook up. You will love these original feature this home has to offer. Bring your ideas and some TLC to make this your home! Home is a ESTATE SALE & Being sold AS-IS. No FHA/VA.

Last Agent to Sell the Property

Lynn Bialy

Village Realty, Inc. License #475134130 Listed on: 11/28/2023

Village Realty, Inc.

Co-Listed By

Mary Machart-Lindahl

Village Realty, Inc. License #475152923

Last Buyer's Agent

Paul Manning

Coldwell Banker Real Estate Group License #475206801

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,218

Year Built

  • Built in 1924

Lot Details

  • Lot Dimensions are 51.4x151.4x49x151.3

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,160 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Heated Enclosed Porch
  • Partially Finished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Schools

  • Lockport Township High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,218

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1924
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partial
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 2160
  • Room Type: Enclosed Porch Heated
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • 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

  • High School: Lockport Township High School

Lot Info

  • Lot Dimensions: 51.4X151.4X49X151.3
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2217.7
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2023
Closed on
Jan 25, 2024
Sold by
Hopkins Donald
Bought by
Gliwa Andrew R
Seller's Agent
Lynn Bialy
Village Realty, Inc.
Buyer's Agent
Paul Manning
Coldwell Banker Real Estate Group
List Price
$240,000
Sold Price
$235,000
Premium/Discount to List
-$5,000
-2.08%
Views
7
Current Estimated Value
$304,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,500
Avg. Annual Appreciation
14.61%
Original Mortgage
$186,000
Outstanding Balance
$182,725
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$121,775
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gliwa Andrew R $235,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gliwa Andrew R $186,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2024 01/26/24 Sold $235,000 -2.1% $109 / Sq Ft
12/26/2023 12/26/23 Pending -- -- --
11/28/2023 11/28/23 For Sale $240,000 -- $111 / 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 $5,037 $74,674 $20,958 $53,716
2023 $5,037 $67,038 $18,815 $48,223
2022 $2,218 $61,541 $17,550 $43,991
2021 $2,245 $57,834 $16,493 $41,341
2020 $2,268 $55,933 $15,951 $39,982
2019 $2,281 $53,017 $15,119 $37,898
2018 $2,337 $49,011 $13,976 $35,035
2017 $2,394 $44,489 $12,687 $31,802
2016 $2,456 $41,039 $11,703 $29,336
2015 $2,638 $36,493 $10,407 $26,086
2014 $2,638 $35,090 $10,007 $25,083
2013 $2,638 $35,806 $10,211 $25,595
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11937294

Midwest Real Estate Data (MRED)

APN: 11-04-23-231-008