NOT LISTED FOR SALE

16342 Lanfear Dr Unit 2 Lockport, IL 60441

Estimated Value: $498,000 - $556,000

4 Beds
3 Baths
3,686 Sq Ft
$146/Sq Ft Est. Value

Last Sold December 03, 2012

Last sale price $250,000 $68 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $4,150/month

73 Days on Market

About This Home

As of December 2012

BEAUTIFUL 4 BEDROOM FRAME 2 STORY WITH A FORMAL DINING ROOM, REAR BRICK PATIO, FIREPLACE, MASTER SUITE WITH A WHIRLPOOL TUB, AND UPDATES THROUGHOUT INCLUDING FRESH PAINT, NEW CARPET, AND MORE! SOLD AS IS. BUYER TO TAKE ON CITY REPAIRS & PUT UP ESCROW IF REQUIRED. NO DISCLOSURES, NO SURVEY OR TERMITE PROVIDED. PRESENT DETAILED PRE-QUAL OR PROOF OF FUNDS WITH OFFER. EM CERTIFIED FUNDS ONLY.

Last Agent to Sell the Property

Jeff Mrozek

Crosstown Realtors, Inc. License #475136300 Listed on: 08/06/2012

Crosstown Realtors, Inc.

Last Buyer's Agent

Donald Bila

Real People Realty License #475130678

Real People Realty

Property Details

Home Type

  • Other

Est. Annual Taxes

  • $13,724

Year Built

  • 2004

Lot Details

  • 0.25

HOA Fees

  • $30 per month

Parking

  • 3

Home Design

  • Frame Construction

Additional Features

  • Primary Bathroom is a Full Bathroom
  • Basement Fills Entire Space Under The House
  • No Cooling

Property Details

Home Type

Other

Est. Annual Taxes

$13,724

Year Built

2004

Lot Details

0

HOA Fees

$30 per month

Parking

3

Interior Features

  • Total # Of Rooms: 10
  • Basement: Full
  • Basement: Unfinished
  • Master Bedroom Level: 2nd Level
  • Master Bedroom Size: 19X22
  • Primary Bedroom Bath: Full
  • Second Bedroom Level: 2nd Level
  • Second Bedroom Size: 13X15
  • Third Bedroom Level: 2nd Level
  • Third Bedroom Size: 11X15
  • Fourth Bedroom Level: 2nd Level
  • Fourth Bedroom Size: 10X15
  • Living Room Level: Main Level
  • Living Room Size: 13X15
  • Dining Room Level: Main Level
  • Dining Room Size: 11X13
  • Family Room Level: Main Level
  • Family Room Size: 14X17
  • Kitchen Level: Main Level
  • Kitchen Size: 14X17

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame

Garage/Parking

  • Number of Cars: 3
  • Parking Type: Garage

Utilities

  • Air Conditioner: None
  • Water: Public
  • Heat/Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Assessment/Association Fees: 30

Schools

  • Junior High Dist: 33C

Lot Info

  • Lot Dimensions: 90X120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2012
Closed on
Nov 12, 2012
Sold by
Fannie Mae
Bought by
Nilsson John and Nilsson Maria N
Seller's Agent
Jeff Mrozek
Crosstown Realtors, Inc.
Buyer's Agent
Donald Bila
Real People Realty
List Price
$294,300
Sold Price
$250,000
Premium/Discount to List
-$44,300
-15.05%
Current Estimated Value
$537,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$287,225
Avg. Annual Appreciation
5.96%
Original Mortgage
$225,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2012
Sold by
Armando Armenta and Armando Lorena
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 25, 2012
Sold by
Armenta Armando
Bought by
Bank Of America Na

Purchase Details

Closed on
May 8, 2003
Sold by
The Ryland Group Inc
Bought by
Armenta Armando and Armenta Lorena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,718
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Nilsson John $250,000 Attorneys Title Guaranty Fun
Federal National Mortgage Association $263,224 None Available
Bank Of America Na -- None Available
Armenta Armando $308,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nilsson John $100,000
Closed Nilsson John $16,200
Previous Owner Nilsson John $225,000
Previous Owner Armenta Armando $42,200
Previous Owner Armenta Armando $52,000
Previous Owner Armenta Armando $41,000
Previous Owner Armenta Armando $292,718
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/03/2012 12/03/12 Sold $250,000 +0.4% $68 / Sq Ft
10/18/2012 10/18/12 Pending -- -- --
09/20/2012 09/20/12 Price Changed $249,000 -15.4% $68 / Sq Ft
08/06/2012 08/06/12 For Sale $294,300 -- $80 / 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
2023 $13,724 $149,305 $25,917 $123,388
2022 $12,553 $139,407 $24,199 $115,208
2021 $11,994 $136,247 $22,927 $113,320
2020 $12,349 $131,233 $22,083 $109,150
2019 $11,890 $126,246 $21,244 $105,002
2018 $11,406 $119,515 $15,717 $103,798
2017 $11,234 $116,169 $15,277 $100,892
2016 $10,994 $112,295 $14,768 $97,527
2015 $11,125 $108,080 $14,214 $93,866
2014 $11,125 $103,536 $13,920 $89,616
2013 $11,125 $103,536 $13,920 $89,616
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08134258

Midwest Real Estate Data (MRED)

APN: 05-31-205-016