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505 North Woodside Court

505 North Woodside Court, Lockport, IL 60441
Property in Lockport
Sold Dec 21, 2006
$270,000
$216,000 by Marquette Bank
Mortgage Due Dec 01, 2036
Sold Jan 18, 1995
$152,000
$119,000 by Banctrust Inc
Mortgage Due Feb 01, 2025
505 North Woodside Court has been categorized by the local assessors in Lockport, IL as a residential type of property. The building on the property was first built in 1996 and is 28 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. The building has a total of 2 stories. The area measurement of the land has been determined as 4,092 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a municipal system. The property was last sold in Nov 29, 2006 for $270,000. Prior to that sales transaction, the property was also sold in Dec 30, 1994 for $152,000. 505 North Woodside Court was last assessed in 2022. The total value of the property was assessed at $107,429. Specifically, the land the property is located on was valued at $28,361. While improvements on the property were assessed at a total of $79,068. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $9,001. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Total Rooms: 6
  • Bedroom Count: 3
  • Building Style: Cape Cod
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,092
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: THE WOODLANDS UNIT ONE
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 97 IN THE WOODLANDS UNIT 1, SUB OF PRT OF THE SE1/4 OF SEC 13, T36N-R10E.

Ownership

  • Current Owner : MADISON DAVID M
  • Current Owner 2: MADISON KATHLEEN A
  • Previous Owner : MEEDER ROBERT C
  • Previous Owner 2: SANDORA MEEDER MARIA E
  • Owner Before Previous Owner: HEARTHSIDE HOMES LTD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lockport Township High School District 205
  • Census Tract: 880502

Geography

  • Parcel: 11-04-13-414-012
  • Lot: 97
  • Meridian: SEC 13 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.604
  • Longitude: -88.0289

    Address

  • Full Address: 505 N Woodside Ct
  • Legal Unit: 1
  • Address - House Number: 505
  • Street Direction: N
  • Address - Street Name: Woodside
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Lockport
  • Carrier Code: C023
  • 4-Digit Zip Code: 3384
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,001
  • Tax Rate Code Area: 1128

    Appraisal Valuation

  • Standard Deviation: 0.1487
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 82
  • Final Value: 360,061
  • High Value: 413,632
  • Low Value: 306,490

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $316,000
  • First Open Lien Mortgage Lender: MARQUETTE BANK
  • First Open Lien Mortgage Recording Date: Dec 21, 2006
  • First Open Lien Mortgage Loan Amount: $216,000
  • 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: Dec 01, 2036
  • Second Open Lien Mortgage Lender: ALLIANT CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Oct 13, 2022
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Sep 20, 2037

    Market Valuation

  • Market Total Value: $322,287
  • Market Land Value: $85,083
  • Market Improvement Value: $237,204

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $107,429
  • Assessed Land Value: $28,361
  • Assessed Improvements Value: $79,068

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 29, 2006
  • Current Sale Recording Date: Dec 21, 2006
  • Current Sale Transaction ID: 1044570395
  • Current Sale Price: $270,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2006211011
  • Previous Sale Recording Date: Jan 18, 1995
  • Previous Sale Contract Date: Dec 30, 1994
  • Previous Sale Amount: $152,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MARQUETTE BANK
  • First Mortgage Transaction Date: Dec 21, 2006
  • First Mortgage Loan Amount: $216,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Dec 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: BANCTRUST INC
  • Previous Mortgage Transaction Date: Jan 18, 1995
  • Previous Mortgage Loan Amount: $119,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Feb 01, 2025

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 505 North Woodside Court located in?
The 505 North Woodside Court is a located in the neighborhood of Lockport in Lockport, Lockport.
What is the average sales price for listings in 505 North Woodside Court?
The average sales price for units in 505 North Woodside Court is $0 currently.

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