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16625 West Adobe Drive

16625 West Adobe Drive, Lockport, IL 60441
Property in Homer
Sold May 29, 2015
$148,000
$129,000 by A & N Mortgage Services, Inc.
Mortgage Due May 01, 2053
Sold Dec 18, 2000
$136,500
$129,200 by Lhi Mtg Inc
Mortgage Due Jan 01, 2031
16625 West Adobe Drive in Lockport, IL was first built in 2000 and is 24 years old. This has been categorized as a residential property type. There are a total of 2 floors. 16625 West Adobe Drive has 1,704 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 6,735 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 200 sqft. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. 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, 16625 West Adobe Drive sold most recently in May 22, 2015 for a total of $148,000. If you work out the math, that's approximately a cost of $86.85 per sqft. Before that, the property was also sold for $136,500 in Dec 14, 2000. 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 $5,501 in taxes each year. 16625 West Adobe Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $64,459. If we break it down further, the land itself was valued at $10,189. Improvements to the property, however, were assessed at a total of $54,270. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 0
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 200
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,735
  • Total Building Area: 1,704
  • Building Area: 1,704
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,704
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKEWOOD
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: UNIT 1 THT PRT OF LOT 25 IN LAKEWOOD AT BROKEN ARROW, A RESUB OF LOTS 7 8 IN BROKEN ARROW, A SUB OF PRT OF THE SW1/4 OF SEC.

Ownership

  • Current Owner : COHEN ALEXANDER
  • Previous Owner : REARDON STEVEN R
  • Previous Owner 2: REARDON TAMARA A
  • Owner Before Previous Owner: LAKEWOOD HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Parcel: 16-05-30-304-248
  • Lot: 25
  • Meridian: SEC 30 TWN 36N RNG 11E
  • Municipality: HOMER
  • Latitude: 41.5695
  • Longitude: -88.0204

    Address

  • Full Address: 16625 W Adobe Dr
  • Legal Unit: 1
  • Address - House Number: 16625
  • Street Direction: W
  • Address - Street Name: Adobe
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lockport
  • Carrier Code: R018
  • 4-Digit Zip Code: 6239
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,501
  • Tax Rate Code Area: 1626

    Appraisal Valuation

  • Standard Deviation: 0.1617
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 79
  • Final Value: 259,560
  • High Value: 301,553
  • Low Value: 217,567

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $129,000
  • First Open Lien Mortgage Lender: A & N MORTGAGE SERVICES, INC.
  • First Open Lien Mortgage Recording Date: May 02, 2023
  • First Open Lien Mortgage Loan Amount: $129,000
  • 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: May 01, 2053

    Market Valuation

  • Market Total Value: $193,377
  • Market Land Value: $30,567
  • Market Improvement Value: $162,810

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $64,459
  • Assessed Land Value: $10,189
  • Assessed Improvements Value: $54,270

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 22, 2015
  • Current Sale Recording Date: May 29, 2015
  • Current Sale Transaction ID: 1209079493
  • Current Sale Price: $148,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2015044533
  • Previous Sale Recording Date: Dec 18, 2000
  • Previous Sale Contract Date: Dec 14, 2000
  • Previous Sale Amount: $136,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: 1ST ADVANTAGE MORTGAGE LLC
  • First Mortgage Transaction Date: May 29, 2015
  • First Mortgage Loan Amount: $143,976
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2045

    Previous Mortgages

  • Previous Mortgage Lender: LHI MTG INC
  • Previous Mortgage Transaction Date: Dec 18, 2000
  • Previous Mortgage Loan Amount: $129,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jan 01, 2031

About Lockport



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Frequently Asked Questions

What neighborhood is 16625 West Adobe Drive located in?
The 16625 West Adobe Drive is a located in the neighborhood of Homer in Lockport, Lockport.
What is the average sales price for listings in 16625 West Adobe Drive?
The average sales price for units in 16625 West Adobe Drive is $0 currently.

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