547 East 3rd Street

547 East 3rd 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 1947 and is 77 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 547 East 3rd Street has 1,696 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 848 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,520 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,600 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler 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 detached garage for those who require parking. The garage measured 528 sqft. 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. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. 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, 547 East 3rd Street sold most recently in Mar 8, 2007 for a total of $191,000. If you work out the math, that's approximately a cost of $112.62 per sqft. Before that, the property was also sold for $152,000 in May 28, 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 $4,836 in taxes each year. 547 East 3rd Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $58,534. If we break it down further, the land itself was valued at $17,550. Improvements to the property, however, were assessed at a total of $40,984. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.