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16621 West 145th Place

16621 West 145th Place, Lockport, IL 60441
Property in Homer
Sold Feb 24, 2022
$136,000
$475,000 by Millennium Bank
Mortgage
Sold Dec 09, 2009
$148,000
$145,319 by Wintrust Mortgage
Mortgage Due Dec 01, 2039
Local assessors in Lockport, IL have categorized 16621 West 145th Place as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 10,220 square feet. The linear feet between the front and back of the lot was measured at 1,460 ft and the front of the lot was measured at 700 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 16621 West 145th Place has a total of 1,125 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 16621 West 145th Place was last sold in Feb 24, 2022 for $136,000. According to our calculations, that's $120.89 per sqft. Prior to that sales transaction, the property was sold for $148,000 in Nov 21, 2009. Current property owners are expected to pay $3,671 in taxes per year. The property on 16621 West 145th Place was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $52,996. To break that down further, the land itself was valued at $13,584. While improvements to the property were assessed at a total of $39,412. 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. 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.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.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,220
  • Lot Size Depth Feet: 1,460
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,125
  • Building Area: 1,125
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,125
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: FOURAY UNIT 3
  • Land Acres: 0.23
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: LOT 78 IN FOURAYS SUB UNIT 3, BEING A SUB OF PRT OF THE S1/2 OF THE NW1/4 OF SEC 7, T36N-R11E.

Ownership

  • Current Owner : AMERICAN PROPERTIES LLC
  • Previous Owner : MIKE KELLEY
  • Owner Before Previous Owner: COLLINS MICHELLE L
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Geography

  • Parcel: 16-05-07-103-016
  • Lot: 78
  • Meridian: SEC 07 TWN 36N RNG 11E
  • Municipality: HOMER
  • Latitude: 41.6222
  • Longitude: -88.0229

    Address

  • Full Address: 16621 W 145th Pl
  • Legal Unit: 3
  • Address - House Number: 16621
  • Street Direction: W
  • Address - Street Name: 145th
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Lockport
  • Carrier Code: C018
  • 4-Digit Zip Code: 2339
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,671
  • Tax Rate Code Area: 1611

    Appraisal Valuation

  • Standard Deviation: 0.1535
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 81
  • Final Value: 233,140
  • High Value: 268,931
  • Low Value: 197,348

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $475,000
  • First Open Lien Mortgage Lender: MILLENNIUM BANK
  • First Open Lien Mortgage Recording Date: Jul 28, 2022
  • First Open Lien Mortgage Loan Amount: $475,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $158,988
  • Market Land Value: $40,752
  • Market Improvement Value: $118,236

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $52,996
  • Assessed Land Value: $13,584
  • Assessed Improvements Value: $39,412

    Sales

  • Current Sale Contract Date: Feb 24, 2022
  • Current Sale Recording Date: Feb 24, 2022
  • Current Sale Transaction ID: 11880397035
  • Current Sale Price: $136,000
  • Current Sale Document Type: Sheriff's Deed
  • Current Sale Input Document Number: 17337
  • Previous Sale Recording Date: Dec 09, 2009
  • Previous Sale Contract Date: Nov 21, 2009
  • Previous Sale Amount: $148,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: WINTRUST MORTGAGE
  • Previous Mortgage Transaction Date: Dec 09, 2009
  • Previous Mortgage Loan Amount: $145,319
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2039

About Will



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Nearby Rentals

Unit for rent at 1016 S State Street, Lockport, IL, 60441

$2,100 /mo

  • 2 Beds
  • 2 Baths
  • 1,250 ft²
1016 S State Street #4, Lockport, IL, 60441 Listing by Robert Miller

Frequently Asked Questions

What neighborhood is 16621 West 145th Place located in?
The 16621 West 145th Place is a located in the neighborhood of Homer in Will, Lockport.
What is the average sales price for listings in 16621 West 145th Place?
The average sales price for units in 16621 West 145th Place is $0 currently.

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