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16516 West Montauk Drive

16516 West Montauk Drive, Lockport, IL 60441
House in Homer
Sold May 24, 2022
$343,000
$343,000 by Cu Financial Inc
Mortgage Due Jun 01, 2052
Sold Nov 08, 2017
$236,999
$225,100 by Loandepot.com Llc
Mortgage Due Nov 01, 2047
16516 West Montauk Drive in Lockport, IL was first built in 1998 and is 26 years old. This has been categorized as a residential property type. There are a total of 2 floors. 16516 West Montauk Drive has 1,505 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 11,794 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 431 sqft. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in May 10, 2022 for $343,000. That's $152.38 per sqft. Prior to that sales transaction, the property was also sold in Oct 2, 2017 for $236,999. 16516 West Montauk Drive was last assessed in 2022. The total value of the property was assessed at $92,951. Specifically, the land the property is located on was valued at $20,375. While improvements on the property were assessed at a total of $72,576. 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 $3,409. 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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 746
  • Garage Type: Garage
  • Garage Square Area: 431
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,794
  • Total Building Area: 2,251
  • Building Area: 1,505
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,505
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ARROWHEAD OF BROKEN ARROW
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 117 IN ARROWHEAD OF BROKEN ARROW, BEING A RE-SUB OF LOTS 9, 11 PRT OF LOT 14 IN BROKEN ARROW IN SEC 30, T36N-R11E.

Ownership

  • Current Owner : KUNZ ALEX T
  • Previous Owner : JENNIFER MCCLURE
  • Owner Before Previous Owner: SANCHEZ FELIPE
  • Owner Before Previous Owner 2: SANCHEZ SUSAN L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lockport Township High School District 205
  • Census Tract: 881009

Geography

  • Parcel: 16-05-30-310-021
  • Lot: 117
  • Meridian: SEC 30 TWN 36N RNG 11E
  • Municipality: HOMER
  • Latitude: 41.5759
  • Longitude: -88.0189

    Address

  • Full Address: 16516 W Montauk Dr
  • Address - House Number: 16516
  • Street Direction: W
  • Address - Street Name: Montauk
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lockport
  • Carrier Code: R018
  • 4-Digit Zip Code: 4284
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,409
  • Tax Rate Code Area: 1626

    Appraisal Valuation

  • Standard Deviation: 0.1532
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 81
  • Final Value: 357,435
  • High Value: 412,204
  • Low Value: 302,665

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $343,000
  • First Open Lien Mortgage Lender: CU FINANCIAL INC
  • First Open Lien Mortgage Recording Date: May 24, 2022
  • First Open Lien Mortgage Loan Amount: $343,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Market Valuation

  • Market Total Value: $278,853
  • Market Land Value: $61,125
  • Market Improvement Value: $217,728

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $92,951
  • Assessed Land Value: $20,375
  • Assessed Improvements Value: $72,576

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 10, 2022
  • Current Sale Recording Date: May 24, 2022
  • Current Sale Transaction ID: 11888586569
  • Current Sale Price: $343,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 40916
  • Previous Sale Recording Date: Nov 08, 2017
  • Previous Sale Contract Date: Oct 02, 2017
  • Previous Sale Amount: $236,999
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CU FINANCIAL INC
  • First Mortgage Transaction Date: May 24, 2022
  • First Mortgage Loan Amount: $343,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: LOANDEPOT.COM LLC
  • Previous Mortgage Transaction Date: Nov 08, 2017
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $225,100
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2047

About Lockport



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  • 2 Baths
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Frequently Asked Questions

What neighborhood is 16516 West Montauk Drive located in?
The 16516 West Montauk Drive is a house located in the neighborhood of Homer in Lockport, Lockport.
What is the average sales price for listings in 16516 West Montauk Drive?
The average sales price for units in 16516 West Montauk Drive is $236,900 , or $154/sqft. currently.

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