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16431 West 147th Place

16431 West 147th Place, Lockport, IL 60441
Property in Homer
Sold Jun 14, 2021
$239,900
$235,554 by Pacor Mortgage Corp
Mortgage Due Jul 01, 2051
Sold May 14, 2004
$155,000
$152,605 by National City Mortgage Co
Mortgage Due Apr 01, 2034
16431 West 147th Place has been categorized by the local assessors in Lockport, IL as a residential type of property. The building on the property was first built in 1957 and is 67 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 16431 West 147th Place has 1,179 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,700 ft and across the front of the lot is 700 ft. The area measurement of the land has been determined as 11,900 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 913 sqft. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a well system. The property was last sold in Jun 4, 2021 for $239,900. That's $203.48 per sqft. Prior to that sales transaction, the property was also sold in Mar 22, 2004 for $155,000. 16431 West 147th Place was last assessed in 2022. The total value of the property was assessed at $58,883. Specifically, the land the property is located on was valued at $13,584. While improvements on the property were assessed at a total of $45,299. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,663. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Style: Ranch/Rambler
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 913
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,900
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,179
  • Building Area: 1,179
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,179
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: UNIT #4 IN FOURAY
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 117 IN FOURAY SUB UNIT 4, BEING A SUB OF PRT OF THE E1/2 OF THE NW1/4 OF SEC. 7, T36N-R11E.

Ownership

  • Current Owner : SCHMITT MARK JOHN
  • Previous Owner : TAYLOR CHRIS
  • Owner Before Previous Owner: KOLNIAK FRANK S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Lockport Township High School District 205
  • Census Tract: 881001

Geography

  • Parcel: 16-05-07-109-014
  • Lot: 117
  • Meridian: SEC 07 TWN 36N RNG 11E
  • Municipality: HOMER
  • Latitude: 41.6201
  • Longitude: -88.0189

    Address

  • Full Address: 16431 W 147th Pl
  • Legal Unit: 4
  • Address - House Number: 16431
  • Street Direction: W
  • Address - Street Name: 147th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Lockport
  • Carrier Code: C018
  • 4-Digit Zip Code: 2351
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,663
  • Tax Rate Code Area: 1611

    Appraisal Valuation

  • Standard Deviation: 0.1627
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 79
  • Final Value: 255,574
  • High Value: 297,178
  • Low Value: 213,969

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $235,554
  • First Open Lien Mortgage Lender: PACOR MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jun 14, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $235,554
  • 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: Jul 01, 2051

    Market Valuation

  • Market Total Value: $176,649
  • Market Land Value: $40,752
  • Market Improvement Value: $135,897

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $58,883
  • Assessed Land Value: $13,584
  • Assessed Improvements Value: $45,299

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 04, 2021
  • Current Sale Recording Date: Jun 14, 2021
  • Current Sale Transaction ID: 11839841811
  • Current Sale Price: $239,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2021065603
  • Previous Sale Recording Date: May 14, 2004
  • Previous Sale Contract Date: Mar 22, 2004
  • Previous Sale Amount: $155,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PACOR MORTGAGE CORP
  • First Mortgage Transaction Date: Jun 14, 2021
  • First Mortgage Loan Amount: $235,554
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: NATIONAL CITY MORTGAGE CO
  • Previous Mortgage Transaction Date: May 14, 2004
  • Previous Mortgage Loan Amount: $152,605
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2034

About Will



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Frequently Asked Questions

What neighborhood is 16431 West 147th Place located in?
The 16431 West 147th Place is a located in the neighborhood of Homer in Will, Lockport.
What is the average sales price for listings in 16431 West 147th Place?
The average sales price for units in 16431 West 147th Place is $0 currently.

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