NOT LISTED FOR SALE

522 E 2nd St Lockport, IL 60441

Estimated Value: $257,000 - $289,000

2 Beds
1 Bath
992 Sq Ft
$272/Sq Ft Est. Value

Last Sold July 08, 2020

Last sale price $181,000 $182 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $1,890/month

28 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Fenced Yard
  • Milne Grove Elementary School Rated 9+
  • Wood Flooring
  • 1.5 Car Detached Garage

About This Home

As of July 2020

2 BEDROOM, 1 BATH RANCH IN DRAKE SUBDIVISION. ALL NEW CARPET, ROOF IS ONLY 10 YEARS OLD, FRESHLY PAINTED INSIDE AND JUST WAITING FOR YOUR FINISHING TOUCHES!! BOTH BEDROOMS HAVE HARDWOOD FLOORS THAT ARE IN GREAT SHAPE. FULL BASEMENT HAS JUST BEEN PERMA SEALED AND A SUMP PUMP ADDED. WARRANTY IS TRANSFERABLE TO THE NEW OWNER. BATH WAS UPDATED WITH WALK-IN SHOWER AND THE TUB WAS REMOVED. ELECTRIC WAS UPDATED TO 100 AMP CIRCUIT BREAKERS AND THERE IS A ROUGH-IN IN THE BASEMENT FOR ANOTHER BATH. EXTERIOR IS VINYL COATED STEEL SIDING AND THEY HAD LEAF GUARDS INSTALLED!! 1.5 CAR DETACHED GARAGE, DECK AND BEAUTIFUL FENCED YARD. WATER SOFTENER IS "AS-IS".

Last Agent to Sell the Property

Susan Dufault

Coldwell Banker Real Estate Group License #475122166 Listed on: 04/30/2020

Coldwell Banker Real Estate Group

Last Buyer's Agent

Robert Miller

Vylla Home License #475133786

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,734

Year Built

  • Built in 1954

Lot Details

  • Lot Dimensions are 60x110
  • Fenced Yard

Parking

  • 1.5 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House

Interior Spaces

  • 992 Sq Ft Home
  • Ceiling Fan
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Rough-In Basement Bathroom

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Deck

Schools

  • Lockport Township High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Softener is Owned

Community Details

  • Drake Subdivision, Ranch Floorplan

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,734

Year Built

Built in 1954

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Drake
  • Year Built: 1954
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors
  • LivingArea: 992
  • Other Equipment: Water-Softener Owned, CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Eating Area
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished,Bathroom Rough-In
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Storms/Screens
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Steel Siding

Garage/Parking

  • Garage Spaces: 1.5
  • ParkingTotal: 1.5
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Lockport Township High School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 60X110
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 17
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3734.12
  • Tax Year: 2018
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2020
Closed on
Jun 24, 2020
Sold by
Miller Beverly H
Bought by
Michel Adam C
Seller's Agent
Susan Dufault
Coldwell Banker Real Estate Group
Buyer's Agent
Robert Miller
Vylla Home
List Price
$199,900
Sold Price
$181,000
Premium/Discount to List
-$18,900
-9.45%
Current Estimated Value
$270,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,110
Avg. Annual Appreciation
7.59%
Original Mortgage
$177,721
Outstanding Balance
$156,546
Interest Rate
2.87%
Mortgage Type
FHA
Estimated Equity
$113,564

Purchase Details

Closed on
Dec 27, 2000
Sold by
Lathrop Donovan
Bought by
Miller Beverly H
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
Michel Adam C $181,000 Fidelity National Title Ins
Miller Beverly H $107,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michel Adam C $177,721
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2020 07/08/20 Sold $181,000 -4.7% $182 / Sq Ft
05/28/2020 05/28/20 Pending -- -- --
05/11/2020 05/11/20 Price Changed $189,900 -5.0% $191 / Sq Ft
04/30/2020 04/30/20 For Sale $199,900 -- $202 / 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 $5,685 $74,217 $20,958 $53,259
2023 $5,685 $66,628 $18,815 $47,813
2022 $5,168 $62,143 $17,550 $44,593
2021 $4,884 $58,400 $16,493 $41,907
2020 $4,281 $56,480 $15,951 $40,529
2019 $4,028 $53,535 $15,119 $38,416
2018 $3,734 $49,490 $13,976 $35,514
2017 $3,371 $44,924 $12,687 $32,237
2016 $2,491 $41,441 $11,703 $29,738
2015 $2,676 $36,851 $10,407 $26,444
2014 $2,676 $35,434 $10,007 $25,427
2013 $2,676 $36,157 $10,211 $25,946
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10702958

Midwest Real Estate Data (MRED)

APN: 11-04-23-229-005