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16457 West 147th Place

16457 West 147th Place, Lockport, IL 60441
House in Homer
Sold Jul 15, 2022
$240,000
$204,000 by Paramount Bank
Mortgage Due Aug 01, 2052
Sold Aug 05, 2020
$185,000
$181,649 by Success Mortgage Partners Inc
Mortgage Due Jul 01, 2050
16457 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. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 16457 West 147th Place has 1,313 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 10,020 square feet.

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 garage for those who require parking. The garage measured 369 sqft. The inside of the home is being cooled with central air conditioning at the moment. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 16457 West 147th Place sold most recently in Jun 21, 2022 for a total of $240,000. If you work out the math, that's approximately a cost of $182.79 per sqft. Before that, the property was also sold for $185,000 in Jun 29, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,661 in taxes each year. 16457 West 147th Place was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $58,859. If we break it down further, the land itself was valued at $13,584. Improvements to the property, however, were assessed at a total of $45,275. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Cedar Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Bedroom Count: 0
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 369
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,020
  • Total Building Area: 1,313
  • Building Area: 1,313
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,313
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UNIT #4 IN FOURAY
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 113 IN FOURAY SUB, UNIT 4, BEING A SUB OF PRT OF THE E1/2 W1/4 OF SEC 7, T36N-R11E.

Ownership

  • Current Owner : ISAACSON SAMANTHA M
  • Current Owner 2: GIAKOS ANNETTA J
  • Previous Owner : RICCA
  • Previous Owner 2: HOLLY
  • Owner Before Previous Owner: PITLUCK SANDRA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Geography

  • Parcel: 16-05-07-109-010
  • Lot: 113
  • Meridian: SEC 07 TWN 36N RNG 11E
  • Municipality: HOMER
  • Latitude: 41.6201
  • Longitude: -88.0198

    Address

  • Full Address: 16457 W 147th Pl
  • Legal Unit: 4
  • Address - House Number: 16457
  • 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: $3,661
  • Tax Rate Code Area: 1611

    Appraisal Valuation

  • Standard Deviation: 0.1617
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 79
  • Final Value: 247,662
  • High Value: 287,729
  • Low Value: 207,594

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $204,000
  • First Open Lien Mortgage Lender: PARAMOUNT BANK
  • First Open Lien Mortgage Recording Date: Jul 15, 2022
  • First Open Lien Mortgage Loan Amount: $204,000
  • 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, 2052

    Market Valuation

  • Market Total Value: $176,577
  • Market Land Value: $40,752
  • Market Improvement Value: $135,825

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $58,859
  • Assessed Land Value: $13,584
  • Assessed Improvements Value: $45,275

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 21, 2022
  • Current Sale Recording Date: Jul 15, 2022
  • Current Sale Transaction ID: 11892281978
  • Current Sale Price: $240,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 54058
  • Previous Sale Recording Date: Aug 05, 2020
  • Previous Sale Contract Date: Jun 29, 2020
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT BANK
  • First Mortgage Transaction Date: Jul 15, 2022
  • First Mortgage Loan Amount: $204,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: SUCCESS MORTGAGE PARTNERS INC
  • Previous Mortgage Transaction Date: Aug 05, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $181,649
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2050

About Will



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Frequently Asked Questions

What neighborhood is 16457 West 147th Place located in?
The 16457 West 147th Place is a house located in the neighborhood of Homer in Will, Lockport.
What is the average sales price for listings in 16457 West 147th Place?
The average sales price for units in 16457 West 147th Place is $0 currently.

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