See Home Value
Lockport 60441
500 South WASHINGTON Street
$355,532*
House - Off Market

500 South WASHINGTON Street

LOCKPORT, IL 60441
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1356 Sqft
$217,000 - $265,000
Reference Base Price*
47.52%
Since Jun 1, 2019
National-US
Primary Model
Sold May 30, 2019
$241,000
$228,016 by Compass Mortgage Inc
Mortgage Due Dec 01, 2050
Sold Jul 18, 2016
Transfer
$181,294 by Loandepot.com Llc
Mortgage Due Jul 01, 2046

About This Property

Welcome to this charming craftsman bungalow located near downtown Lockport. This beautiful home offers 3 bedrooms with walk-in closets and 2 full baths. The main level features hardwood floors throughout. The living room has a beautiful fireplace that is open to large dining room with window bench seating and storage. Kitchen has plenty of cabinet space and all appliances stay. There is also an office on the main floor. Finished basement with full bathroom and family room. Large enclosed porch perfect for relaxing and decorating! Cozy yard with brick paver patio and pergola. Updates include newer A/C and furnace 2014, and roof 2015. 2 car detached garage and concrete driveway. This house is loaded with character and is ready for new owners!

The manager has listed the unit size as 1356 square feet.
Unit Size
1,356Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$178
Property Type
House
Property Taxes
$3,950
HOA Dues
-
Year Built
1933

Price History

Date / Event Date Event Price
May 25, 2019 No longer available -
No longer available
Mar 24, 2019 Price Decreased $241,000
↓ $1K (0.4%)
Price Decreased
Mar 13, 2019 Price Decreased $242,000
↓ $5K (2%)
Price Decreased
Feb 28, 2019 Listed $247,000
Listed

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1933
  • Effective Year Built: 1933
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Bungalow
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 840
  • Garage Type: Detached
  • Garage Square Area: 440
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,196
  • Building Area: 2,196
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,196
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TOWN OF LOCKPORT
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 2 BLK 45 (EX THE E 80 FT) OF LOCKPORT PROPER, BEING A SUB OF PRT OF THE W1/2 OF THE NE1/4 OF SEC 23, T36N-R10E.

Ownership

  • Current Owner : RANCATORE NATHAN JOHN
  • Current Owner 2: GRAY JILLIAN MICOLE
  • Previous Owner : BRUBAKER BRIE A
  • Previous Owner 2: BRUBAKER JEFF
  • Owner Before Previous Owner: BRUBAKER BRIE A
  • Owner Before Previous Owner 2: BRUBAKER JEFFREY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lockport Township High School District 205
  • Census Tract: 880602

Geography

  • Parcel: 11-04-23-218-001
  • Block: 45
  • Lot: 2
  • Meridian: SEC 23 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.5924
  • Longitude: -88.0524

    Address

  • Full Address: 500 S Washington St
  • Address - House Number: 500
  • Street Direction: S
  • Address - Street Name: Washington
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lockport
  • Carrier Code: C029
  • 4-Digit Zip Code: 3039
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,273
  • Tax Rate Code Area: 1112

    Appraisal Valuation

  • Standard Deviation: 0.1969
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 73
  • Final Value: 310,903
  • High Value: 372,122
  • Low Value: 249,683

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $228,016
  • First Open Lien Mortgage Lender: COMPASS MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Nov 25, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $228,016
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $189,849
  • Market Land Value: $52,650
  • Market Improvement Value: $137,199

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $63,283
  • Assessed Land Value: $17,550
  • Assessed Improvements Value: $45,733

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 13, 2019
  • Current Sale Recording Date: May 30, 2019
  • Current Sale Transaction ID: 11613305451
  • Current Sale Price: $241,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2019032558
  • Previous Sale Recording Date: Jul 18, 2016
  • Previous Sale Contract Date: Jun 22, 2016
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: COMPASS BANK
  • First Mortgage Transaction Date: May 30, 2019
  • First Mortgage Loan Amount: $228,950
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: LOANDEPOT.COM LLC
  • Previous Mortgage Transaction Date: Jul 18, 2016
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $181,294
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2046



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,400 ft²
$193/ft²
$269,900 Aug 25, 2022
-
$267/mo
House
3 Beds
2 Baths
1,144 ft²
$249/ft²
$284,700 Jan 2, 2023
-
$354/mo
House
2 Beds
2 Baths
1,150 ft²
$170/ft²
$195,000 Feb 12, 2023
-
$343/mo

About Lockport


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Frequently Asked Questions

When was property at 500 South Washington Street built and last sold?
The property at 500 South Washington Street was built in 1933 and last sold on May 13, 2019 for $241,000.
How much is this home worth?
The estimated value of the home located at 500 South Washington Street is $244,671.
What are some comparable homes to 500 South Washington Street?
There are currently no comparable homes to 500 South Washington Street.

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