NOT LISTED FOR SALE

571 E 4th St Lockport, IL 60441

Estimated Value: $303,419

3 Beds
2 Baths
2,176 Sq Ft
$139/Sq Ft Est. Value

Last Sold October 02, 2023

Last sale price $265,000 $122 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,883/month

2 Days on Market

Highlights

  • 1 Car Detached Garage
  • 1-Story Property
  • Family Room
  • Milne Grove Elementary School Rated A-
  • Forced Air Heating and Cooling System
  • Senior Freeze Tax Exemptions

About This Home

As of October 2023

Lovely full brick ranch with full basement has been well cared for. Close to downtown on a dead end street. Hardwood floors, newer windows, covered back porch. Large livingroom, eat-in kitchen and a full basement ready to be finished to your liking. A detached garage and your very own pear tree right in your back yard.

Last Listed By

Phebe Perino

Coldwell Banker Real Estate Group License #475168044 Listed on: 08/12/2023

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,782

Year Built

  • Built in 1956

Lot Details

  • Lot Dimensions are 59x121x59x121

Parking

  • 1 Car Detached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,176 Sq Ft Home
  • 1-Story Property
  • Family Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Partially Finished Basement

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,782

Year Built

Built in 1956

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1956
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 2176
  • Room Type: Family Room
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 2176
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Square Footage Comments: INCLUDES BELOW GRADE.
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 250000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 91

Lot Info

  • Lot Dimensions: 59X121X59X121
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 2781.9
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2023
Closed on
Sep 27, 2023
Sold by
Timke Patricia Ann
Bought by
Iversen William
Seller's Agent
Phebe Perino
Coldwell Banker Real Estate Group
Buyer's Agent
Jacqueline Goldman
Nest Equity Realty
List Price
$250,000
Sold Price
$265,000
Premium/Discount to List
$15,000
6%
Total Days on Market
2
Views
112
Current Estimated Value
$303,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,419
Avg. Annual Appreciation
9.26%
Original Mortgage
$10,000
Outstanding Balance
$5,555
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$298,955

Purchase Details

Closed on
Apr 27, 2001
Sold by
Hogan Jane C and Woodlock Jane C
Bought by
Timke Patricia Ann

Purchase Details

Closed on
Jun 8, 1998
Sold by
First Midwest Trust Company Natl Assn
Bought by
Hogan Jane C

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
7.32%

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
Iversen William $265,000 Fidelity National Title Insura
Timke Patricia Ann $131,000 First American Title
Hogan Jane C $118,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iversen William $10,000
Open Iversen William $260,200
Previous Owner Hogan Jane C $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2023 10/02/23 Sold $265,000 +6.0% $122 / Sq Ft
08/15/2023 08/15/23 Pending -- -- --
08/12/2023 08/12/23 For Sale $250,000 -- $115 / 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 $2,277 $75,129 $18,815 $56,314
2022 $2,748 $71,566 $17,550 $54,016
2021 $2,782 $67,255 $16,493 $50,762
2020 $2,810 $65,044 $15,951 $49,093
2019 $2,827 $61,653 $15,119 $46,534
2018 $2,896 $56,995 $13,976 $43,019
2017 $2,966 $51,736 $12,687 $39,049
2016 $3,043 $47,724 $11,703 $36,021
2015 $3,268 $42,481 $10,407 $32,074
2014 $3,268 $40,847 $10,007 $30,840
2013 $3,268 $41,680 $10,211 $31,469
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11858520

Midwest Real Estate Data (MRED)

APN: 04-23-232-008