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1427 South Washington Street

1427 South Washington Street, Lockport, IL 60441
Property in Lockport
Sold Jul 17, 2015
$160,000
$152,000 by Bmo Harris Bank Na
Mortgage Due Aug 01, 2045
Sold Jan 11, 2005
$172,000
$163,400 by 1st Advantage Mortgage Llc
Mortgage Due Jan 01, 2035
1427 South Washington Street in Lockport, IL was first built in 1949 and is 75 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1427 South Washington Street has 808 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,836 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. The garage is 280 sqft. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1427 South Washington Street was last sold in Jul 13, 2015 for $160,000. According to our calculations, that's $84.39 per sqft. Prior to that sales transaction, the property was sold for $172,000 in Dec 31, 2004. Current property owners are expected to pay $4,770 in taxes per year. The property on 1427 South Washington Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $57,812. To break that down further, the land itself was valued at $17,550. While improvements to the property were assessed at a total of $40,262. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 808
  • Garage Type: Attached
  • Garage Square Area: 280
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,836
  • Total Building Area: 1,896
  • Building Area: 808
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 808
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CITY OF LOCKPORT
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE E1/2 OF LOT 8 IN BLK 111 IN LOCKPORT PROPER, BEING A SUB OF PRT OF SEC. 23, T36N-R10E.

Ownership

  • Current Owner : JOACHIM JACOB
  • Current Owner 2: JOACHIM KIMBERLY
  • Previous Owner : JEDLOWSKI JILL
  • Previous Owner 2: TRIDGELL GUY
  • Owner Before Previous Owner: MATTSON NORMAN
  • Owner Before Previous Owner 2: MATTSON TERRI
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lockport Township High School District 205
  • Census Tract: 880602

Geography

  • Parcel: 11-04-23-338-011
  • Block: 111
  • Lot: 8
  • Meridian: SEC 23 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.5827
  • Longitude: -88.0577

    Address

  • Full Address: 1427 S Washington St
  • Address - House Number: 1427
  • Street Direction: S
  • Address - Street Name: Washington
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lockport
  • Carrier Code: C003
  • 4-Digit Zip Code: 3553
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,770
  • Tax Rate Code Area: 1112

    Appraisal Valuation

  • Standard Deviation: 0.1419
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 83
  • Final Value: 225,627
  • High Value: 257,659
  • Low Value: 193,595

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $152,000
  • First Open Lien Mortgage Lender: BMO HARRIS BANK NA
  • First Open Lien Mortgage Recording Date: Jul 17, 2015
  • First Open Lien Mortgage Loan Amount: $152,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2045

    Market Valuation

  • Market Total Value: $173,436
  • Market Land Value: $52,650
  • Market Improvement Value: $120,786

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $57,812
  • Assessed Land Value: $17,550
  • Assessed Improvements Value: $40,262

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 13, 2015
  • Current Sale Recording Date: Jul 17, 2015
  • Current Sale Transaction ID: 1214098426
  • Current Sale Price: $160,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2015059274
  • Previous Sale Recording Date: Jan 11, 2005
  • Previous Sale Contract Date: Dec 31, 2004
  • Previous Sale Amount: $172,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BMO HARRIS BANK NA
  • First Mortgage Transaction Date: Jul 17, 2015
  • First Mortgage Loan Amount: $152,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: 1ST ADVANTAGE MORTGAGE LLC
  • Previous Mortgage Transaction Date: Jan 11, 2005
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $163,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jan 01, 2035

About Lockport



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Frequently Asked Questions

What neighborhood is 1427 South Washington Street located in?
The 1427 South Washington Street is a located in the neighborhood of Lockport in Lockport, Lockport.
What is the average sales price for listings in 1427 South Washington Street?
The average sales price for units in 1427 South Washington Street is $0 currently.

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