NOT LISTED FOR SALE

518 N State St Lockport, IL 60441

Estimated Value: $167,000 - $189,000

1 Bed
1 Bath
680 Sq Ft
$260/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $119,900 $176 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,203/month

1 Day on Market

Highlights

  • Updated Kitchen
  • Ludwig Elementary School Rated 10
  • Forced Air Heating and Cooling System

About This Home

As of March 2021

Attention Investors and Home Buyers! Beautiful remodeled open concept 1 bedroom, 1 bath home close to downtown Lockport. Home features, vaulted ceilings, refinished hardwood floors, updated kitchen with new cabinets, new counter tops, new light fixtures, doors and updated bathroom. Home has laundry room that could possibly be converted into an office, playroom, or bedroom. Great location, close to restaurants, and shopping. Come take a look!

Last Agent to Sell the Property

Carrie Jass

Coldwell Banker Real Estate Group License #475156340 Listed on: 01/27/2021

Coldwell Banker Real Estate Group

Last Buyer's Agent

Arthur Boyce

Boyce Real Estate License #471000248

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,201

Year Built | Renovated

  • 1900 | 2021

Lot Details

  • 3,485

Home Design

  • Vinyl Siding

Kitchen

  • Updated Kitchen
  • Oven or Range

Laundry

  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • Parking Available
  • Parking Included in Price

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,201

Year Built | Renovated

1900 | 2021

Lot Details

0

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Recent Rehab: Yes
  • Age: 100+ Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Rehab Year: 2021
  • Total Full or Half Bathrooms: 1
  • Type Detached: 1 Story
  • Estimated Year Built: 1900
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1900
  • Year Renovated: 2021

Interior Features

  • Number Of Rooms: 3
  • Living Room: Dimensions: 16X12, On Level: Main Level, Flooring: Hardwood
  • Appliances: Oven/Range, Refrigerator, Washer, Dryer
  • Basement: Full
  • Basement: Concrete Block
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Laundry: Dimensions: 8X8, On Level: Main Level
  • Kitchen Type: Dimensions: 12X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Updated Kitchen
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 10X9, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 680
  • Dining Room Type: None

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Number of Cars: 6
  • Parking: Space/s
  • Number Parking Spaces: 6
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 205
  • Elementary School: Ludwig Elementary School
  • Middle School: Oak Prairie Junior High School
  • High School: Lockport Township High School
  • Junior High Dist: 92

Lot Info

  • Lot Dimensions: 34X100
  • Parcel Identification Number: 1104144040040000

Tax Info

  • Taxes: 2182.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2021
Closed on
Mar 12, 2021
Sold by
Sotelo Stephen T
Bought by
Boyce Andrea
Seller's Agent
Carrie Jass
Coldwell Banker Real Estate Group
Buyer's Agent
Arthur Boyce
Boyce Real Estate
List Price
$119,900
Sold Price
$119,900
Current Estimated Value
$176,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,062
Avg. Annual Appreciation
8.79%
Original Mortgage
$95,920
Outstanding Balance
$86,058
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$90,904

Purchase Details

Closed on
Jul 31, 2006
Sold by
Bukala Victoria L
Bought by
Sotelo Stephen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,920
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2002
Sold by
Hud
Bought by
Bukala Victoria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
8%

Purchase Details

Closed on
Sep 19, 2001
Sold by
Holmes Thelma and Cendant Mtg Corp
Bought by
Hud

Purchase Details

Closed on
Aug 16, 2001
Sold by
Holmes Thelma
Bought by
Cendant Mtg Corp

Purchase Details

Closed on
Apr 12, 2000
Sold by
Novak Elmer J and Novak Monica
Bought by
Holmes Thelma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,884
Interest Rate
8.22%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 4, 1996
Sold by
Novak Eric
Bought by
Novak Elmer J

Purchase Details

Closed on
Feb 28, 1996
Sold by
Zaletel Gregory J
Bought by
Novak Eric
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
Boyce Andrea $119,900 Old Republic Title
Sotelo Stephen T $112,500 Multiple
Bukala Victoria L -- Stewart Title Company
Hud -- --
Cendant Mtg Corp $88,303 --
Holmes Thelma $75,000 --
Novak Elmer J -- --
Novak Eric $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyce Andrea $95,920
Previous Owner Sotelo Stephen T $89,920
Previous Owner Bukala Victoria L $60,000
Previous Owner Holmes Thelma $74,884
Closed Bukala Victoria L $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2021 03/12/21 Sold $119,900 0.0% $176 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $119,900 -- $176 / 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 $3,201 $50,027 $23,231 $26,796
2023 $3,201 $44,912 $20,856 $24,056
2022 $2,590 $38,328 $17,798 $20,530
2021 $2,411 $36,019 $16,726 $19,293
2020 $2,336 $34,835 $16,176 $18,659
2019 $2,183 $33,019 $15,333 $17,686
2018 $2,122 $31,740 $14,739 $17,001
2017 $2,002 $29,963 $13,914 $16,049
2016 $1,746 $26,593 $12,349 $14,244
2015 $1,393 $23,871 $11,085 $12,786
2014 $1,393 $21,900 $10,170 $11,730
2013 $1,393 $21,900 $10,170 $11,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10978107

Midwest Real Estate Data (MRED)

APN: 11-04-14-404-004