NOT LISTED FOR SALE

531 E 3rd St Lockport, IL 60441

Estimated Value: $273,000 - $309,000

2 Beds
1 Bath
1,281 Sq Ft
$224/Sq Ft Est. Value

About This Home

This home is located at 531 E 3rd St, Lockport, IL 60441 and is currently estimated at $287,000, approximately $224 per square foot. 531 E 3rd St is a home located in Will County with nearby schools including Milne Grove Elementary School, Kelvin Grove Jr High School, and Lockport Township High School East.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2009
Sold by
Bennett John M
Bought by
B G Arden Inc
Current Estimated Value
$287,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2009
Sold by
Ferrier Erik J
Bought by
Bennett John M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.84%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2007
Sold by
Sullivan Robert E and Marathon Trust
Bought by
Ferrier Erik J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,528
Interest Rate
6.55%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
B G Arden Inc -- None Available
Bennett John M $120,000 Chicago Title Insurance Co
Ferrier Erik J $160,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bennett John M $90,000
Previous Owner Ferrier Erik J $157,528
Source: Public Records

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 $7,481 $87,130 $20,958 $66,172
2023 $7,481 $78,221 $18,815 $59,406
2022 $6,284 $68,265 $17,550 $50,715
2021 $5,979 $57,993 $16,493 $41,500
2020 $5,280 $56,086 $15,951 $40,135
2019 $5,035 $53,162 $15,119 $38,043
2018 $4,768 $49,145 $13,976 $35,169
2017 $4,433 $44,610 $12,687 $31,923
2016 $4,195 $41,150 $11,703 $29,447
2015 $3,524 $33,425 $10,407 $23,018
2014 $3,524 $32,140 $10,007 $22,133
2013 $3,524 $32,796 $10,211 $22,585
Source: Public Records

Map

Illinois Will County Lockport 60441

531 E 3rd St, Lockport, IL

This home is located at 531 E 3rd St, Lockport, IL 60441 and is currently estimated at $287,000, approximately $224 per square foot. 531 E 3rd St is a home located in Will County with nearby schools including Milne Grove Elementary School, Kelvin Grove Jr High School, and Lockport Township High School East.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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