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503 Rhonda Drive

503 Rhonda Drive, Lockport, IL 60441
Property in Lockport
Sold Apr 03, 2002
$130,000
$136,000 by Citimortgage Inc
Mortgage Due Jan 01, 2035
This has been categorized as a residential property type. In total, the area measurement of the land is 11,382 square feet.

Learn more about the property and building on this page. 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, 503 Rhonda Drive was last sold in Mar 15, 2002 for $130,000. Current property owners are expected to pay $8,524 in taxes per year. The property on 503 Rhonda Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $98,588. To break that down further, the land itself was valued at $26,661. While improvements to the property were assessed at a total of $71,927. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,382
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: REGENCY POINT UNIT 3
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 113 IN REGENCY POINT UNIT 3, BEING A SUB PRT OF THE W1/2 NE1/4 OF SEC 24, T36N-R10E.

Ownership

  • Current Owner : PAULSON THEODORE F
  • Previous Owner : KUZMA ANNETTE M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lockport Township High School District 205
  • Census Tract: 880601

Geography

  • Parcel: 11-04-24-207-008
  • Lot: 113
  • Meridian: SEC 24 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.5926
  • Longitude: -88.0328

    Address

  • Full Address: 503 Rhonda Dr
  • Legal Unit: 3
  • Address - House Number: 503
  • Address - Street Name: Rhonda
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lockport
  • Carrier Code: C022
  • 4-Digit Zip Code: 3345
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,524
  • Tax Rate Code Area: 1112

    Appraisal Valuation

  • Standard Deviation: 0.145
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 82
  • Final Value: 362,867
  • High Value: 415,515
  • Low Value: 310,219

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $196,000
  • First Open Lien Mortgage Lender: CITIMORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jan 10, 2005
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $136,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2035
  • Second Open Lien Mortgage Recording Date: Jan 10, 2005
  • Second Open Lien Mortgage Loan Amount: $60,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Jan 01, 2035

    Market Valuation

  • Market Total Value: $295,764
  • Market Land Value: $79,983
  • Market Improvement Value: $215,781

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $98,588
  • Assessed Land Value: $26,661
  • Assessed Improvements Value: $71,927

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 15, 2002
  • Current Sale Recording Date: Apr 03, 2002
  • Current Sale Transaction ID: 1082986621
  • Current Sale Price: $130,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2002056666

    Last Sale Mortgage

  • First Mortgage Lender: CHARTER ONE BANK FSB
  • First Mortgage Transaction Date: Apr 03, 2002
  • First Mortgage Loan Amount: $110,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Apr 01, 2032

About Lockport



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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 503 Rhonda Drive located in?
The 503 Rhonda Drive is a located in the neighborhood of Lockport in Lockport, Lockport.
What is the average sales price for listings in 503 Rhonda Drive?
The average sales price for units in 503 Rhonda Drive is $0 currently.

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