$103,000
SOLD SEP 13, 2022

516 E 4th St Lockport, IL 60441

2 Beds
1 Bath
1,036 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$99 Per Sq Ft

31% Below List Price

144 Days on Market

Highlights

  • 1 Car Detached Garage
  • Living Room
  • 1-Story Property
  • Milne Grove Elementary School Rated A-
  • Laundry Room
  • Dining Room

About This Home

As of December 2022

Ranch, 2-bedroom home close to downtown Lockport and expressway, transportation. Property needs work . Basement stairs very steep.

Last Agent to Sell the Property

Bev Labuda

HomeSmart Realty Group License #471010355 Listed on: 03/09/2022

HomeSmart Realty Group

Last Buyer's Agent

Hilary Holliger

Realtopia Real Estate Inc License #475171199

Realtopia Real Estate Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,407

Year Built

  • Built in 1899

Lot Details

  • 8,712 Sq Ft Lot

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,036 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Basement

  • Partial Basement
  • Basement Cellar

Schools

  • Lockport Township High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,407

Year Built

Built in 1899

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: 1899
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • 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: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 1036
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Cellar
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 119900
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • 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

  • High School: Lockport Township High School
  • Middle/Junior School District: 91

Lot Info

  • Lot Size Acres: 0.2
  • Lot Dimensions: 0.22
  • 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: 3407
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2022
Closed on
Dec 23, 2022
Sold by
Arnold Robin Lynn
Bought by
Madrigal Javier and Gonzalez Giovanni
Seller's Agent
Hilary Holliger
Realtopia Real Estate Inc
Buyer's Agent
Mohamed Koleilat
Crosstown Realtors, Inc.
List Price
$219,900
Sold Price
$217,000
Premium/Discount to List
-$2,900
-1.32%
Views
58
Current Estimated Value
$251,388

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,388
Avg. Annual Appreciation
5.43%
Original Mortgage
$213,069
Outstanding Balance
$205,810
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$45,578

Purchase Details

Closed on
Dec 16, 2021
Sold by
Young Carol and Wilmington Trust National Asso
Bought by
Omaha Property Manager Llc

Purchase Details

Closed on
Jul 16, 1998
Sold by
Sorg Christian P
Bought by
Flood Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,301
Interest Rate
7.13%
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 Type Sale Price Title Company
Warranty Deed $217,000 Fidelity National Title
Sheriffs Deed -- Attorney
Warranty Deed $79,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $213,069 FHA
Previous Owner $77,301 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2022 12/23/22 Sold $217,000 -1.3% $209 / Sq Ft
11/25/2022 11/25/22 Pending -- -- --
11/11/2022 11/11/22 For Sale $219,900 +113.5% $212 / Sq Ft
09/13/2022 09/13/22 Sold $103,000 -14.1% $99 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
07/13/2022 07/13/22 Price Changed $119,900 -11.1% $116 / Sq Ft
06/10/2022 06/10/22 Price Changed $134,900 -10.0% $130 / Sq Ft
03/09/2022 03/09/22 For Sale $149,900 -- $145 / 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 $4,565 $61,176 $20,958 $40,218
2023 $4,565 $54,921 $18,815 $36,106
2022 $4,299 $51,918 $17,550 $34,368
2021 $3,522 $48,791 $16,493 $32,298
2020 $3,407 $47,187 $15,951 $31,236
2019 $3,194 $44,727 $15,119 $29,608
2018 $2,944 $41,347 $13,976 $27,371
2017 $3,134 $37,532 $12,687 $24,845
2016 $2,918 $34,622 $11,703 $22,919
2015 $3,045 $35,155 $10,407 $24,748
2014 $3,045 $33,803 $10,007 $23,796
2013 $3,045 $34,493 $10,211 $24,282
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11342710

Midwest Real Estate Data (MRED)

APN: 11-04-23-231-039