NOT LISTED FOR SALE

535 S State St Lockport, IL 60441

Estimated Value: $233,000 - $294,000

4 Beds
2 Baths
-- Sq Ft
4,792 Sq Ft Lot

Last Sold December 04, 2019

Last sale price $165,000

Est. 55% increase in value since last sale

Current estimated payment $1,775/month

About This Home

As of December 2019

Great 2 unit investment. Move in ready. Sold before list

Last Agent to Sell the Property

Lillian Baldwin

Real Broker, LLC License #475137110 Listed on: 11/11/2019

Last Buyer's Agent

Christopher Knollin

Realty Executives Elite License #471019537

Realty Executives Elite

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,993

Lot Details

  • 4,792

Parking

  • 1 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Frame Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Lockport Township High School

Utilities

  • Heating System Uses Natural Gas
  • Community Well

Additional Features

  • Partial Basement
  • Lot Dimensions are 80 x 120

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,993

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 4
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Community Well

Schools

  • High School: Lockport Township High School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 80 X 120
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3993
  • Tax Year: 2018

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2019
Closed on
Dec 2, 2019
Sold by
Teakwood Llc 535 State
Bought by
Pima Property Group Llc
Seller's Agent
Lillian Baldwin
Real Broker, LLC
Buyer's Agent
Christopher Knollin
Realty Executives Elite
List Price
$165,000
Sold Price
$165,000
Current Estimated Value
$254,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,958
Avg. Annual Appreciation
7.88%

Purchase Details

Closed on
Mar 19, 2018
Sold by
Tomczak Barbara and Flood Christopher
Bought by
Teakwood Llc

Purchase Details

Closed on
Mar 24, 2017
Sold by
Tomczak Barbara and Flood Christopher
Bought by
Teakwood Llc

Purchase Details

Closed on
Nov 15, 2011
Sold by
Flood Christopher and Teakwood Llc
Bought by
Tomczak Barbara and Flood Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,767
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2009
Sold by
Tomczak Barbara A
Bought by
Teakwood Llc

Purchase Details

Closed on
Jun 5, 2001
Sold by
Tomczak Barbara A
Bought by
Tomczak Barbara A and Flood Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,200
Interest Rate
7.16%

Purchase Details

Closed on
Nov 24, 1998
Sold by
Kavaney Florence and Mary Marcella Johnson Trust
Bought by
Tomczak Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,700
Interest Rate
8.37%

Purchase Details

Closed on
Aug 11, 1998
Sold by
Johnson Mary Marcella
Bought by
Johnson Mary Marcella and The Mary Marcella Johnson Trus

Purchase Details

Closed on
Apr 28, 1994
Sold by
Johnson Clarence H
Bought by
Johnson Clarence H and Johnson Mary Marcella
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Pima Property Group Llc $165,000 Old Republic Title
Teakwood Llc -- Chicago Title
Teakwood Llc -- Attorney
Tomczak Barbara -- Chicago Title Insurance Co
Teakwood Llc -- None Available
Tomczak Barbara A -- Chicago Title Insurance Co
Tomczak Barbara A $83,000 --
Johnson Mary Marcella -- --
Johnson Clarence H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tomczak Barbara $74,767
Previous Owner Tomczak Barbara A $83,200
Previous Owner Tomczak Barbara A $74,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2019 12/04/19 Sold $165,000 0.0% --
11/11/2019 11/11/19 Pending -- -- --
11/11/2019 11/11/19 For Sale $165,000 -- --
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 $5,299 $61,723 $18,364 $43,359
2023 $5,299 $55,411 $16,486 $38,925
2022 $4,758 $51,687 $15,378 $36,309
2021 $4,527 $48,574 $14,452 $34,122
2020 $4,422 $46,977 $13,977 $33,000
2019 $4,217 $44,528 $13,248 $31,280
2018 $3,994 $41,165 $12,248 $28,917
2017 $3,713 $37,365 $11,117 $26,248
2016 $3,514 $34,468 $10,255 $24,213
2015 -- $30,650 $9,119 $21,531
2014 -- $29,471 $8,768 $20,703
2013 -- $30,073 $8,947 $21,126
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10571694

Midwest Real Estate Data (MRED)

APN: 11-04-23-145-007