See Home Value
Lockport 60441
16511 Merc Lane
$400,000
● House - Off Market

16511 Merc Lane

Lockport, IL 60441
bedrooms
4 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
2,651 Ft²
$463,499
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

A Beautiful Home nicely situated on a quarter acre in a Superb Neighborhood!  Features: 4 Large Bedrooms including a vaulted master suite - 2 full bathrooms and 2 half baths - Large open Kitchen with stainless steel appliances, granite counters, plenty of cabinets and opens to the family room that features an attractive gas, wood-burning fireplace.  Big Formal living room and separate dining room! All front windows are elegant, new Andersons installed in 2020.  New front door and patio door.  The patio door takes you out to a spectacular brick paver patio that's perfect for entertaining, grilling, or enjoying those peaceful evenings. A Huge Finished Basement is the icing on the cake adding a lot of space for your enjoyment! Roof, gutters, a/c, water softener - 2019! Garage door and opener - 2018!   Hardwood floors on main level.    A Great Home and Neighborhood - Come and check it out!
Unit Size
2,651 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$153
Property Type
House
Property Taxes
$794
HOA Dues
-
Year Built
2000

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Last updated: 3 years ago (MRED MLS #11095265)

Price History

Date / Event Date Event Price
Aug 6, 2021 Sold
Sold
Jun 9, 2021 Listed by RE/MAX IMPACT $405,000
Listed by RE/MAX IMPACT

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,388
  • Garage Type: 7
  • Garage Square Area: 402
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,925
  • Total Building Area: 4,039
  • Building Area: 2,651
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,651
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE FIELDS
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 10 IN THE FIELDS, BEING A SUB OF PRT OF THE E1/2 OF THE NW1/4 OF SEC. 18, T36N-R11E.

Neighborhood

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

Geography

  • Parcel: 16-05-18-153-035
  • Lot: 10
  • Meridian: SEC 18 TWN 36N RNG 11E
  • Municipality: HOMER
  • Latitude: 41.61
  • Longitude: -88.0202

    Address

  • Full Address: 16511 Merc Ln
  • Address - House Number: 16511
  • Address - Street Name: Merc
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Lockport
  • Carrier Code: R014
  • 4-Digit Zip Code: 9191
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,005,384
  • Tax Rate Code Area: 1627

    Appraisal Valuation

  • Standard Deviation: 0.1877
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 75
  • Final Value: 457,125
  • High Value: 542,945
  • Low Value: 371,304

    Market Valuation

  • Market Total Value: $384,714
  • Market Land Value: $57,729
  • Market Improvement Value: $326,985

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $128,238
  • Assessed Land Value: $19,243
  • Assessed Improvements Value: $108,995

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 13, 2021
  • Current Sale Recording Date: Aug 09, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021087517
  • Previous Sale Recording Date: May 03, 2000
  • Previous Sale Contract Date: Apr 20, 2000
  • Previous Sale Amount: $220,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lockport


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Frequently Asked Questions

When was property at 16511 Merc Lane built and last sold?
The property at 16511 Merc Lane was built in 2000 and last sold on Jul 13, 2021 for $400,000.
How much is this home worth?
The estimated value of the home located at 16511 Merc Lane is $0.
What are some comparable homes to 16511 Merc Lane?
There are currently no comparable homes to 16511 Merc Lane.