NOT LISTED FOR SALE

550 E Division St Lockport, IL 60441

Estimated Value: $285,000 - $318,422

3 Beds
2 Baths
1,311 Sq Ft
$234/Sq Ft Est. Value

Last Sold July 14, 2015

Last sale price $160,000 $122 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,198/month

55 Days on Market

Highlights

  • Fenced Yard
  • Attached Garage
  • Central Air
  • Milne Grove Elementary School Rated A-
  • Breakfast Bar
  • 4-minute walk to Rotary Park

About This Home

As of July 2015

Shows nice! Brick 3 bedroom! Kitchen has updated cabinets, backsplash & corian counters are about 4 years old with stainless appliances & garbage disposal! Ceramic tiled floor! Newer light fixtures! Living room off kitchen w/ bricked wall wood burning fireplace! Windows in front of house have been replaced! Roof 2010! Basement has laundry area w/2013 washer/dryer & 2nd bath! Extra deep garage! Fenced yard w/shed!

Last Agent to Sell the Property

Lynn Herrington

Realty Representatives Inc License #475125478 Listed on: 04/06/2015

Last Buyer's Agent

Lynn Bialy

Village Realty, Inc. License #475134130

Village Realty, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,883

Year Built

  • 1959

Lot Details

  • 1

Parking

  • Attached Garage
  • Heated Garage
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Block Foundation

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Utilities

  • Central Air
  • Hot Water Heating System

Additional Features

  • Wood Burning Fireplace
  • Fenced Yard

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $3,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,883

Year Built

1959

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: 2 Stories
  • Estimated Year Built: 1959
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1959

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 19X16, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Basement: Partial
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 10X8, On Level: Basement
  • Kitchen Type: Dimensions: 16X11, On Level: Main Level, Flooring: Ceramic Tile, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 13X10, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 13X09, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1311

Exterior Features

  • Foundation: Block
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Acreage: 1

Garage/Parking

  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 1.1
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Hot Water/Steam

Schools

  • School District: 205
  • Junior High Dist: 91

Lot Info

  • Lot Dimensions: 70X110
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 1104234140160000

Tax Info

  • Taxes: 3971.30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2015
Closed on
Jul 14, 2015
Sold by
Roy Alain and Roy Laura A
Bought by
Friedl Carol M
Seller's Agent
Lynn Herrington
Realty Representatives Inc
Buyer's Agent
Lynn Bialy
Village Realty, Inc.
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%
Current Estimated Value
$306,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,356
Avg. Annual Appreciation
6.56%
Original Mortgage
$157,102
Outstanding Balance
$122,026
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$184,330

Purchase Details

Closed on
Mar 16, 2009
Sold by
Roy Alain
Bought by
Roy Alain and Roy Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2003
Sold by
Gulch Tony R and Gulch Kathleen M
Bought by
Roy Alain

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,500
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 1999
Sold by
Anderson James P and Anderson Dolores M
Bought by
Gulch Tony R and Gulch Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,200
Interest Rate
7.5%
Source: Public Records

Range of Values:

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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
Friedl Carol M $160,000 Citywide Title Corporation
Roy Alain -- Citywide Title Corporation
Roy Alain $157,500 Residential Title Services
Gulch Tony R $125,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friedl Carol M $157,102
Previous Owner Roy Alain $146,000
Previous Owner Roy Alain $149,500
Previous Owner Gulch Tony R $119,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2015 07/14/15 Sold $160,000 -3.0% $122 / Sq Ft
05/31/2015 05/31/15 Pending -- -- --
05/19/2015 05/19/15 Price Changed $165,000 -2.9% $126 / Sq Ft
04/30/2015 04/30/15 Price Changed $169,900 -2.9% $130 / Sq Ft
04/06/2015 04/06/15 For Sale $175,000 -- $133 / 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 $6,883 $88,167 $18,364 $69,803
2023 $6,883 $79,151 $16,486 $62,665
2022 $6,245 $73,833 $15,378 $58,455
2021 $5,908 $69,386 $14,452 $54,934
2020 $5,752 $67,105 $13,977 $53,128
2019 $5,455 $63,606 $13,248 $50,358
2018 $5,123 $58,801 $12,248 $46,553
2017 $4,708 $53,374 $11,117 $42,257
2016 $4,407 $49,236 $10,255 $38,981
2015 $3,971 $43,782 $9,119 $34,663
2014 $3,971 $42,098 $8,768 $33,330
2013 $3,971 $42,957 $8,947 $34,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08881489

Midwest Real Estate Data (MRED)

APN: 11-04-23-414-016