Seller's Agent in 2015
Ryan Van Der Karr
Tiered Real Estate
(815) 922-1205
37 Total Sales
587 E Division St Unit ST589 Lockport, IL 60441
South Lockport NeighborhoodEstimated Value: $273,000 - $292,000
4
Beds
2
Baths
--
Sq Ft
6,970
Sq Ft Lot
Highlights
- Deck
- Ranch Style House
- Forced Air Heating System
- Lockport Township High School East Rated A
- Porch
- 2-minute walk to Rotary Park
About This Home
As of May 2015Positive Cash Flow On This Well Maintained 2-Unit! Great Opportunity Available Now Because Owner is Retiring. Tenants Pay Their Own Utilities. Front Unit Renting A Little Low. Newer Roof, Windows, Hot Water Heaters & Furnaces. Back Unit Rehabbed A Year Ago. 2 Decks On Each Unit. All Decks Redone In 2014. New Piping. Washer/Dryer Hookups In Both Units. Walking Distance To Train. Easy To Rent. 1-Year Warranty Included.
Last Agent to Sell the Property
Tiered Real Estate License #471014135 Listed on: 02/26/2015
Last Buyer's Agent
Jeff Valentino
Redfin Corporation
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,586
Year Built
- Built in 1976
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 65x99x65x100
- Paved or Partially Paved Lot
Home Design
- Ranch Style House
- Asphalt Roof
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Basement
- Crawl Space
Parking
- 4 Parking Spaces
- On-Street Parking
- Uncovered Parking
- Off-Street Parking
- Parking Included in Price
- Unassigned Parking
Outdoor Features
- Deck
- Storage Shed
- Porch
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 26, 2015
Closed on
May 1, 2015
Sold by
Mallen Steven G and Mallen Regina R
Bought by
Finnegan Andrew M and Finnegan Bernadette S
Seller's Agent
Ryan Van Der Karr
Tiered Real Estate
Buyer's Agent
Jeff Valentino
Redfin Corporation
List Price
$139,990
Sold Price
$136,500
Premium/Discount to List
-$3,490
-2.49%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,008
Avg. Annual Appreciation
7.03%
Original Mortgage
$102,375
Interest Rate
3.68%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 18, 2000
Sold by
Bennett Ricky E and Bennett Betty A
Bought by
Mallen Steven G and Mallen Regina R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.22%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Finnegan Andrew M | $136,500 | Fidelity National Title | |
| Mallen Steven G | $125,000 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Finnigan Andrew M | $102,375 | |
| Previous Owner | Mallen Steven G | $88,800 | |
| Previous Owner | Mallen Steven G | $62,000 | |
| Previous Owner | Mallen Steven G | $10,065 | |
| Previous Owner | Mallen Steven G | $0 | |
| Previous Owner | Mallen Steven G | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/04/2015 05/04/15 | Sold | $136,500 | 0.0% | -- |
| 04/15/2015 04/15/15 | Pending | -- | -- | -- |
| 04/15/2015 04/15/15 | Off Market | $136,500 | -- | -- |
| 04/14/2015 04/14/15 | For Sale | $139,990 | 0.0% | -- |
| 03/20/2015 03/20/15 | Pending | -- | -- | -- |
| 02/26/2015 02/26/15 | For Sale | $139,990 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2023 | $6,591 | $73,647 | $20,233 | $53,414 |
| 2022 | $5,693 | $65,378 | $17,962 | $47,416 |
| 2021 | $5,433 | $61,440 | $16,880 | $44,560 |
| 2020 | $5,317 | $59,420 | $16,325 | $43,095 |
| 2019 | $5,105 | $56,322 | $15,474 | $40,848 |
| 2018 | $4,965 | $53,550 | $14,591 | $38,959 |
| 2017 | $4,697 | $49,080 | $13,373 | $35,707 |
| 2016 | $4,273 | $43,560 | $11,869 | $31,691 |
| 2015 | $4,155 | $40,239 | $10,964 | $29,275 |
| 2014 | $4,155 | $39,450 | $10,749 | $28,701 |
| 2013 | $4,155 | $46,412 | $12,646 | $33,766 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Van Der Karr
-
J
Buyer's Agent in 2015
Jeff Valentino
Redfin Corporation
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 08848648
APN: 11-04-26-203-024
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