See Home Value
Lockport 60441
16637 W Arbor Terrace
$475,000
● House - Off Market

16637 W Arbor Terrace

Lockport, IL 60441
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,109 Ft²
$3,157
Est. Monthly
4.86%
Cap Rate

About This Property

Nestled in the heart of the Whispering Pine subdivision on the border with Homer Glen, this unique home offers over 3,000 sq. ft. of living space with hardwood flooring throughout, vaulted ceilings, and a finished basement. The kitchen features white cabinets, quartz countertops, an island, and an adjacent bonus room perfect for an office. Convenience is key with a main-level laundry room. The master suite includes a spacious bathroom with a shower, tub, double sinks, a huge walk-in closet, and an additional large room for an office, gym, or nursery. The finished basement has an extra room ideal for a man cave or crafting area. The home also boasts newer mechanicals, a brand-new roof, a three-car garage, a large deck for entertaining, a fenced backyard with beautiful landscaping, and a shed for extra storage. This home combines luxury, convenience, and a prime location.
Unit Size
3,109 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$153
Property Type
House
Property Taxes
$824
HOA Dues
-
Year Built
1991

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Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #12161598)

Price History

Date / Event Date Event Price
Oct 16, 2024 Sold
Sold
Sep 16, 2024 In contract -
In contract
Sep 12, 2024 Listed by Coldwell Banker Realty $475,000
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • 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: 819
  • Garage Type: 7
  • Garage Square Area: 808
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,725
  • Total Building Area: 3,031
  • Building Area: 2,212
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,212
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: UNIT TWO OF WHISPERING PINES
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 79 IN WHISPERING PINES UNIT 2, BEING A SUB OF PRT OF THE NW1/4 OF SEC. 18, T36N-R11E.

Neighborhood

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

Geography

  • Parcel: 16-05-18-154-019
  • Lot: 79
  • Meridian: SEC 18 TWN 36N RNG 11E
  • Municipality: HOMER
  • Latitude: 41.6079
  • Longitude: -88.0211

    Address

  • Full Address: 16637 W Arbor Ter
  • Legal Unit: 2
  • Address - House Number: 16637
  • Street Direction: W
  • Address - Street Name: Arbor
  • Address - Suffix Type: Ter
  • State: IL
  • City Name: Lockport
  • Carrier Code: R014
  • 4-Digit Zip Code: 7618
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $989,198
  • Tax Rate Code Area: 1628

    Appraisal Valuation

  • Standard Deviation: 0.1444
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 82
  • Final Value: 467,447
  • High Value: 534,963
  • Low Value: 399,931

    Market Valuation

  • Market Total Value: $361,929
  • Market Land Value: $57,729
  • Market Improvement Value: $304,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $120,643
  • Assessed Land Value: $19,243
  • Assessed Improvements Value: $101,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 22, 2001
  • Current Sale Recording Date: Jul 11, 2001
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2001088858
  • Previous Sale Recording Date: Feb 27, 1995
  • Previous Sale Contract Date: Feb 24, 1995
  • Previous Sale Amount: $225,000
  • 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 16637 West Arbor Terrace built and last sold?
The property at 16637 West Arbor Terrace was built in 1991 and last sold on Jun 22, 2001 for $292,000.
How much is this home worth?
The estimated value of the home located at 16637 West Arbor Terrace is $0.
What are some comparable homes to 16637 West Arbor Terrace?
There are currently no comparable homes to 16637 West Arbor Terrace.