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521 South Jefferson Street

521 South Jefferson Street, Lockport, IL 60441
Property in Lockport
Sold Mar 25, 2021
$190,000
$173,992 by Novus Home Mortgage
Mortgage Due Apr 01, 2051
521 South Jefferson Street 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 1957 and is 67 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 521 South Jefferson Street has 988 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 14,033 square feet.

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 garage measured 322 sqft. 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, 521 South Jefferson Street sold most recently in Mar 19, 2021 for a total of $190,000. If you work out the math, that's approximately a cost of $82.68 per sqft. 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 $5,856 in taxes each year. 521 South Jefferson Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $69,613. If we break it down further, the land itself was valued at $20,562. Improvements to the property, however, were assessed at a total of $49,051. 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. 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.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: 1957
  • Effective Year Built: 1957
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 988
  • Garage Type: Attached
  • Garage Square Area: 322
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,033
  • Total Building Area: 2,298
  • Building Area: 988
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 988
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LOCKPORT PROPER
  • Land Acres: 0.32
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 5 BLOCK 45 IN LOCKPORT PROPER, BEING A SUB OF PRT OF THE W1/2 OF THE NE1/4 OF SEC 23, T36N-R10E.

Ownership

  • Current Owner : HENNESSY SHERRI
  • Current Owner 2: HENNESSY ROBERT
  • Previous Owner : JOHNSON JAMES J
  • Previous Owner 2: KESMANAS BARBARA RAE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

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

Geography

  • Parcel: 11-04-23-218-012
  • Block: 45
  • Lot: 5
  • Meridian: SEC 23 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.5918
  • Longitude: -88.0517

    Address

  • Full Address: 521 S Jefferson St
  • Address - House Number: 521
  • Street Direction: S
  • Address - Street Name: Jefferson
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lockport
  • Carrier Code: C029
  • 4-Digit Zip Code: 3052
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,856
  • Tax Rate Code Area: 1112

    Appraisal Valuation

  • Standard Deviation: 0.172
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 78
  • Final Value: 254,519
  • High Value: 298,309
  • Low Value: 210,729

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $173,992
  • First Open Lien Mortgage Lender: NOVUS HOME MORTGAGE
  • First Open Lien Mortgage Recording Date: Mar 25, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $173,992
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $208,839
  • Market Land Value: $61,686
  • Market Improvement Value: $147,153

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $69,613
  • Assessed Land Value: $20,562
  • Assessed Improvements Value: $49,051

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 19, 2021
  • Current Sale Recording Date: Mar 25, 2021
  • Current Sale Transaction ID: 11826718151
  • Current Sale Price: $190,000
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Current Sale Input Document Number: R2021033514

    Last Sale Mortgage

  • First Mortgage Lender: NOVUS HOME MORTGAGE
  • First Mortgage Transaction Date: Mar 25, 2021
  • First Mortgage Loan Amount: $173,992
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Lockport



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Frequently Asked Questions

What neighborhood is 521 South Jefferson Street located in?
The 521 South Jefferson Street is a located in the neighborhood of Lockport in Lockport, Lockport.
What is the average sales price for listings in 521 South Jefferson Street?
The average sales price for units in 521 South Jefferson Street is $0 currently.

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