Sold Jul 12, 2021
$515,000
Buyer
$412,000
by Homestar Financial Corp
Mortgage Due Jul 01, 2051
Sold Jun 26, 2003
$380,000
Seller
$304,000
by Dba Forum Mortgage Bancorp
Mortgage Due Jun 01, 2033
Local assessors in Lockport, IL have categorized 16111 West Red Cloud Drive as a residential type of property.
The home was built in 2002 and is 22 years old.
The property's lot size has been calculated to be 17,579 square feet.
This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis.
If we look only at the heated or air conditioned part of the building, then 16111 West Red Cloud Drive has a total of 3,797 sqft of living area.
Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.
Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 780 sqft. Residents rely on central air conditioning for their cooling system. 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, 16111 West Red Cloud Drive was last sold in Jun 15, 2021 for $515,000. According to our calculations, that's $74.48 per sqft. Prior to that sales transaction, the property was sold for $380,000 in Jun 2, 2003. Current property owners are expected to pay $16,055 in taxes per year. The property on 16111 West Red Cloud Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $181,627. To break that down further, the land itself was valued at $26,021. While improvements to the property were assessed at a total of $155,606. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.
Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 780 sqft. Residents rely on central air conditioning for their cooling system. 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, 16111 West Red Cloud Drive was last sold in Jun 15, 2021 for $515,000. According to our calculations, that's $74.48 per sqft. Prior to that sales transaction, the property was sold for $380,000 in Jun 2, 2003. Current property owners are expected to pay $16,055 in taxes per year. The property on 16111 West Red Cloud Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $181,627. To break that down further, the land itself was valued at $26,021. While improvements to the property were assessed at a total of $155,606. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.