NOT LISTED FOR SALE

704 Summit Dr Lockport, IL 60441

Estimated Value: $299,000 - $328,000

3 Beds
2 Baths
-- Sq Ft
9,583 Sq Ft Lot

Last Sold September 13, 2022

Last sale price $246,000

Est. 27% increase in value since last sale

Current estimated payment $2,171/month

3 Days on Market

Highlights

  • Ranch Style House
  • Corner Lot
  • 1 Car Attached Garage
  • Milne Grove Elementary School Rated 9+
  • Fenced Yard
  • Forced Air Heating and Cooling System

About This Home

As of September 2022

Move in ready ranch home! Fresh paint, carpet, and flooring. This lovely ranch sits on a large corner lot with fenced in yard and garage. Walk in that front door and feel the warmth of an old school wood burning stove perfect for those cold winter days. 3-bedroom, 2 bath with space in the basement to finish and add more rooms. Great location close to schools, shopping, and highways. **HUGE SAVINGS, the Seller's offering $5,000 to buy the interest rate down or cover your closing costs. A savings of TENS OF THOUSANDS over the life of your loan or THOUSANDS for closing costs when using the seller's preferred lender.

Last Agent to Sell the Property

Ivan Santos

eXp Realty - Yorkville License #475200302 Listed on: 08/19/2022

eXp Realty - Yorkville

Co-Listed By

Aaron Westerfield

O'Neil Property Group, LLC License #471019157

Last Buyer's Agent

Donald Shedor

Shedor Realty Group License #471015673

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,747

Lot Details

  • Lot Dimensions are 135x70
  • Fenced Yard
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • Ceiling Fan
  • Wood Burning Fireplace
  • Attached Fireplace Door
  • Living Room with Fireplace
  • Unfinished Attic
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Heating System Uses Natural Gas
  • 100 Amp Service

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,747

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
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Attached Fireplace Doors/Screen
  • Fireplaces: 1
  • Interior Amenities: First Floor Bedroom
  • Other Equipment: Humidifier, Ceiling Fan(s), Sump Pump
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Attic: Unfinished

Exterior Features

  • Foundation Details: Block
  • Lot Features: Corner Lot, Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Stone

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 135X70
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 5746.92
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2022
Closed on
Sep 12, 2022
Sold by
Kendall Partners Ltd
Bought by
Federico Michael
Seller's Agent
Ivan Santos
eXp Realty - Yorkville
Buyer's Agent
Donald Shedor
Shedor Realty Group
List Price
$239,900
Sold Price
$246,000
Premium/Discount to List
$6,100
2.54%
Current Estimated Value
$313,615

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,615
Avg. Annual Appreciation
7.05%
Original Mortgage
$233,700
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2022
Sold by
Burke George and Burke Deborah
Bought by
Kendall Partners Ltd

Purchase Details

Closed on
Jan 27, 2006
Sold by
Hamersly Troy L and Hamersly Patricia J
Bought by
Burke George and Burke Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
8.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 1998
Sold by
Hamersly Patricia and Rodeghero Janet
Bought by
Hamersly Troy L and Hamersly Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.8%

Purchase Details

Closed on
Oct 19, 1995
Sold by
Sniegowski Russell E and Sniegowski Lisa G
Bought by
Hamersly Patricia and Redeghero Janet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,192
Interest Rate
7.7%
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
Federico Michael $246,000 Chicago Title
Kendall Partners Ltd $187,775 Chicago Title
Burke George $150,000 Ticor Title
Hamersly Troy L -- Chicago Title Insurance Co
Hamersly Patricia $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Federico Michael $233,700
Previous Owner Burke George $135,000
Previous Owner Hamersly Troy L $105,000
Previous Owner Hamersly Patricia $104,192
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2022 09/13/22 Sold $246,000 +2.5% --
08/23/2022 08/23/22 Pending -- -- --
08/19/2022 08/19/22 For Sale $239,900 -- --
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 $6,367 $82,159 $23,568 $58,591
2023 $6,367 $73,758 $21,158 $52,600
2022 $6,184 $67,171 $19,736 $47,435
2021 $5,884 $63,125 $18,547 $44,578
2020 $5,747 $61,049 $17,937 $43,112
2019 $5,480 $57,866 $17,002 $40,864
2018 $5,241 $54,023 $15,873 $38,150
2017 $5,068 $50,998 $14,984 $36,014
2016 $4,599 $51,120 $15,020 $36,100
2015 $5,178 $48,639 $14,291 $34,348
2014 $5,178 $47,223 $13,875 $33,348
2013 $5,178 $48,187 $14,158 $34,029
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11608645

Midwest Real Estate Data (MRED)

APN: 11-04-24-301-001