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602 East 7th Street

602 East 7th Street, Lockport, IL 60441
Property in Lockport
Sold Aug 13, 2021
$190,000
This has been categorized as a residential property type. In total, the area measurement of the land is 20,038 square feet.

Learn more about the property and building on this page. 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, 602 East 7th Street sold most recently in Aug 1, 2021 for a total of $190,000. 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 $6,766 in taxes each year. 602 East 7th Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $73,501. If we break it down further, the land itself was valued at $21,449. Improvements to the property, however, were assessed at a total of $52,052. 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.

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: 20,038
  • 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
  • Land Acres: 0.46
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: THAT PRT OF THE NW 1/4 OF SEC 24, T36N-R10E.

Ownership

  • Current Owner : LIND PATRICK J
  • Current Owner 2: LIND MARY BETH
  • Previous Owner : VESCOVI SHIRLEY E
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Geography

  • Parcel: 11-04-24-111-006
  • Meridian: SEC 24 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.5902
  • Longitude: -88.045

    Address

  • Full Address: 602 E 7th St
  • Address - House Number: 602
  • Street Direction: E
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lockport
  • Carrier Code: C005
  • 4-Digit Zip Code: 3663
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,766
  • Tax Rate Code Area: 1112

    Appraisal Valuation

  • Standard Deviation: 0.1617
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 79
  • Final Value: 266,152
  • High Value: 309,211
  • Low Value: 223,093

    Market Valuation

  • Market Total Value: $220,503
  • Market Land Value: $64,347
  • Market Improvement Value: $156,156

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $73,501
  • Assessed Land Value: $21,449
  • Assessed Improvements Value: $52,052

    Sales

  • Current Sale Contract Date: Aug 01, 2021
  • Current Sale Recording Date: Aug 13, 2021
  • Current Sale Transaction ID: 11849398252
  • Current Sale Price: $190,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: R2021090067

    Last Sale Mortgage

  • First Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 13, 2021
  • First Mortgage Loan Amount: $150,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2036

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Lockport



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Frequently Asked Questions

What neighborhood is 602 East 7th Street located in?
The 602 East 7th Street is a located in the neighborhood of Lockport in Lockport, Lockport.
What is the average sales price for listings in 602 East 7th Street?
The average sales price for units in 602 East 7th Street is $0 currently.

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