When was property at 704 Summit Drive built and last sold?

The property at 704 Summit Drive was built in and last sold on Sep 12, 2022 for $246,000.

How much is this home worth?

The estimated value of the home located at 704 Summit Drive is $0.

What are some comparable homes to 704 Summit Drive?

There are currently no comparable homes to 704 Summit Drive.

Lockport

60441

704 Summit Drive

$246,000

● House - Off Market

704 Summit Drive

Lockport, IL 60441

3 Beds

2 Baths

$249,505

RealtyHop Estimate

4.00%

Since Oct 1, 2022

National-US

Primary Model

About This Property

Move in ready ranch home! Fresh paint, carpet, and flooring. This lovely ranch sits on a large corner lot with fenced in yard and garage. Walk in that front door and feel the warmth of an old school wood burning stove perfect for those cold winter days. 3-bedroom, 2 bath with space in the basement to finish and add more rooms. Great location close to schools, shopping, and highways. **HUGE SAVINGS, the Seller's offering $5,000 to buy the interest rate down or cover your closing costs. A savings of TENS OF THOUSANDS over the life of your loan or THOUSANDS for closing costs when using the seller's preferred lender.

Unit Size

Days on Market

Land Size

Price per sqft

Property Type

House

Property Taxes

$479

HOA Dues

Year Built

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11608645)

Price History

Date / Event	Date	Event
Sep 13, 2022	Sold	Premium
Sold
Aug 19, 2022	Listed by eXp Realty, LLC - Schaumburg	$239,900
Listed by eXp Realty, LLC - Schaumburg

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Total Rooms: 5

Bedroom Count: 3
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 11
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Count: 100
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 1
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 9,450

Lot Size Depth Feet: 700
Lot Size Frontage Feet: 1,350
Total Building Area: 0
Building Area: 0

Heating and Cooling

Air Conditioning: 6

Heating: 24
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 5

Building

Building Type: 0

Property Class: R
Subdivision: UNIT #5 IN KELVIN GROVE
Land Acres: 0000000220
Standard Land Use Code: 1001
County Land Use Code: 0040
Legal Description 1: LOT 228 IN UNIT 5, IN KELVIN GROVE, SUB OF PRT OF THE E1/2 OF THE SE1/4 OF SEC 24, AND PRT OF THE SW1/4 OF SEC 24, T36N-R10E.

Neighborhood

School District Name: Lockport Township High School District 205

Census Tract: 880601

Geography

Parcel: 11-04-24-301-001

Lot: 228
Meridian: SEC 24 TWN 36N RNG 10E
Municipality: LOCKPORT
Latitude: 41.5899
Longitude: -88.0402

Address

Full Address: 704 Summit Dr

Legal Unit: 5
Address - House Number: 704
Address - Street Name: Summit
Address - Suffix Type: Dr
State: IL
City Name: Lockport
Carrier Code: C005
4-Digit Zip Code: 3739
Zip Code: 60441

Valuation

Tax

Tax Year: 2022

Tax Amount: $618,370
Tax Rate Code Area: 1112

Appraisal Valuation

Standard Deviation: 0.1535

Valuation Date: Aug 09, 2023
Confidence Score: 81
Final Value: 262,867
High Value: 303,222
Low Value: 222,512

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $201,513

Market Land Value: $59,208
Market Improvement Value: $142,305

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $67,171
Assessed Land Value: $19,736
Assessed Improvements Value: $47,435

Sales

Current Sale Contract Date: Sep 12, 2022

Current Sale Recording Date: Jan 03, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 63
Previous Sale Recording Date: Jul 13, 2022
Previous Sale Contract Date: Jul 05, 2022
Previous Sale Amount: $187,775
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Lockport

Stats & Trends

Median Asking:

$383,340

Sale Price/ft²

$219

Below Asking

0.01%

Average Days on Market

Average Home Size

1946 ft²

Average Home Age

32.8 years

Currently For Sale

64 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 220 E 15th Street, Lockport, IL, 60441

$2,300 /mo

3 Beds
1 Bath
1,250 ft²

220 E 15th Street #1, Lockport, IL, 60441 Listing by Daniel Walsh

Unit for rent at 1319 Highland Avenue, Lockport, IL, 60441

$1,900 /mo

3 Beds
1 Bath
1,276 ft²

1319 Highland Avenue, Lockport, IL, 60441 Listing by Richard Pan

Unit for rent at 536 Parkview Lane, Lockport, IL, 60441

$1,950 /mo

2 Beds
2 Baths
1,100 ft²

536 Parkview Lane #5, Lockport, IL, 60441 Listing by Varun Malhotra

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Ivan Santos, eXp Realty, LLC - Schaumburg
Last Updated: 3 years ago
Data Source: MRED, MLS# 11608645

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

704 Summit Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Lockport

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions