Check Availability

17578 South Gilbert Drive

17578 South Gilbert Drive, Lockport, IL 60441
Property in Homer
Sold Jul 11, 2018
$175,000
$132,000 by American Pacific Mortgage Corp
Mortgage Due Mar 01, 2053
Sold May 23, 2003
$150,000
$139,800 by Ryland Mortgage Co
Mortgage Due Jun 01, 2033
Local assessors in Lockport, IL have categorized 17578 South Gilbert Drive as a residential type of property. The home was built in 2003 and is 21 years old. The property's lot size has been calculated to be 9,822 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 2 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 are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 17578 South Gilbert Drive has a total of 1,392 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 363 sqft. 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. 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, 17578 South Gilbert Drive sold most recently in Jun 21, 2018 for a total of $175,000. If you work out the math, that's approximately a cost of $125.72 per sqft. Before that, the property was also sold for $150,000 in May 9, 2003. 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 $5,553 in taxes each year. 17578 South Gilbert Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $65,012. 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 $54,823. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 2003
  • Effective Year Built: 2003
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Condo
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 363
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,822
  • Total Building Area: 1,392
  • Building Area: 1,392
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,392
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WILLOW WALK UNIT 1
  • Land Acres: 0.225
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT 704-K IN WILLOW WALK CONDOS, OF LOTS 7 9 IN WILLOW WALK UNIT 1, BEING A SUB OF PRT OF SEC 31, T36N-R11E. A/K/A: UNIT 70

Ownership

  • Current Owner : MATMAYRATOV SAGYNBEK
  • Previous Owner : BOWEN SCOTT J
  • Owner Before Previous Owner: THE RYLAND GROUP INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Geography

  • Parcel: 16-05-31-202-056-1004
  • Lot: 7,9
  • Meridian: SEC 31 TWN 36N RNG 11E
  • Municipality: HOMER
  • Latitude: 41.5673
  • Longitude: -88.0127

    Address

  • Full Address: 17578 S Gilbert Dr
  • Legal Unit: 1
  • Address - House Number: 17578
  • Street Direction: S
  • Address - Street Name: Gilbert
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lockport
  • Carrier Code: R034
  • 4-Digit Zip Code: 1114
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,553
  • Tax Rate Code Area: 1626

    Appraisal Valuation

  • Standard Deviation: 0.1688
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 78
  • Final Value: 264,051
  • High Value: 308,646
  • Low Value: 219,456

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $132,000
  • First Open Lien Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Feb 17, 2023
  • First Open Lien Mortgage Loan Amount: $132,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2053

    Market Valuation

  • Market Total Value: $195,036
  • Market Land Value: $30,567
  • Market Improvement Value: $164,469

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $65,012
  • Assessed Land Value: $10,189
  • Assessed Improvements Value: $54,823

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 21, 2018
  • Current Sale Recording Date: Jul 11, 2018
  • Current Sale Transaction ID: 11481452718
  • Current Sale Price: $175,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2018047284
  • Previous Sale Recording Date: May 23, 2003
  • Previous Sale Contract Date: May 09, 2003
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNION HOME MORTGAGE CORP
  • First Mortgage Transaction Date: Jul 11, 2018
  • First Mortgage Loan Amount: $166,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: RYLAND MORTGAGE CO
  • Previous Mortgage Transaction Date: May 23, 2003
  • Previous Mortgage Loan Amount: $139,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jun 01, 2033

About Lockport



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 17578 South Gilbert Drive located in?
The 17578 South Gilbert Drive is a located in the neighborhood of Homer in Lockport, Lockport.
What is the average sales price for listings in 17578 South Gilbert Drive?
The average sales price for units in 17578 South Gilbert Drive is $0 currently.

Quantcast