5503 W 81st Place Burbank, IL 60459
Estimated Value: $267,000 - $294,857
3
Beds
1
Bath
1,847
Sq Ft
$150/Sq Ft
Est. Value
Highlights
- Multiple Garages
- Wood Flooring
- Double Oven
- Wood Burning Stove
- Main Floor Bedroom
- Detached Garage
About This Home
As of November 2018Back on Market! Wonderful Corner Lot with 2 separate garages and 3 garage stalls. New Electrical and Plumbing done 2015, Windows replaced 2005 with family room addition in rear of home. Large eat in kitchen with cherry cabinetry and sitting room. Large Utility room with laundry and door to deck. 2 Bedrooms with lots of light on Main Floor. Upstair is finished as one large room but can be made into 2 bedrooms and 2nd bath. This home has qreat potential to be made into a 4 bedroom, 2 bath home. 2nd garage great workshop or easy place to work on cars. Nice flat yard for barbecues! This is a SHORT SALE Please read agent remarks
Last Agent to Sell the Property
HomeSmart Realty Group License #475130496 Listed on: 05/07/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,503
Year Built
- 1955
Lot Details
- 10,454
Parking
- Detached Garage
- Multiple Garages
- Garage Door Opener
- Parking Included in Price
- Garage Is Owned
Home Design
- Vinyl Siding
Interior Spaces
- Wood Burning Stove
- Crawl Space
- Laundry on main level
Kitchen
- Breakfast Bar
- Double Oven
- Dishwasher
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- Main Floor Bedroom
- Bathroom on Main Level
Accessible Home Design
- Handicap Shower
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Lake Michigan Water
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 7, 2018
Closed on
Oct 26, 2018
Sold by
Mcnicholas Thomas P
Bought by
Settino Gail E and Sraper Pamslh L
Seller's Agent
Rebecca Singh
HomeSmart Realty Group
Buyer's Agent
Scott Hunt
HomeSmart Connect LLC
List Price
$170,000
Sold Price
$165,000
Premium/Discount to List
-$5,000
-2.94%
Total Days on Market
112
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,214
Avg. Annual Appreciation
8.77%
Original Mortgage
$7,500
Interest Rate
4.8%
Mortgage Type
Second Mortgage Made To Cover Down Payment
Purchase Details
Closed on
Apr 10, 2015
Sold by
Mcnicholas Nancy A and Mcnicholas Thomas P
Bought by
Mcnicholas Thomas P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,085
Interest Rate
4.5%
Mortgage Type
VA
Similar Homes in Burbank, IL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Settino Gail E | $165,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Settino Gail E | $161,500 | |
| Closed | Settino Gail E | $7,500 | |
| Closed | Settino Gail E | $156,750 | |
| Previous Owner | Mcnicholas Thomas P | $144,620 | |
| Previous Owner | Mcnicholas Thomas P | $118,085 | |
| Previous Owner | Mcnicholas Thomas P | $101,700 | |
| Previous Owner | Mcnicholas Thomas P | $98,100 | |
| Previous Owner | Mcnicholas Thomas P | $25,000 | |
| Previous Owner | Mcnicholas Thomas P | $20,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/30/2018 11/30/18 | Sold | $165,000 | -2.9% | $89 / Sq Ft |
| 08/27/2018 08/27/18 | Pending | -- | -- | -- |
| 08/17/2018 08/17/18 | For Sale | $170,000 | 0.0% | $92 / Sq Ft |
| 08/17/2018 08/17/18 | Price Changed | $170,000 | +3.0% | $92 / Sq Ft |
| 07/01/2018 07/01/18 | Off Market | $165,000 | -- | -- |
| 05/07/2018 05/07/18 | For Sale | $159,900 | -- | $87 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,503 | $20,108 | $10,108 | $10,000 |
| 2023 | $6,503 | $20,108 | $10,108 | $10,000 |
| 2022 | $6,503 | $16,864 | $8,778 | $8,086 |
| 2021 | $6,223 | $16,864 | $8,778 | $8,086 |
| 2020 | $6,003 | $16,864 | $8,778 | $8,086 |
| 2019 | $5,513 | $15,386 | $7,980 | $7,406 |
| 2018 | $5,356 | $15,386 | $7,980 | $7,406 |
| 2017 | $5,178 | $15,386 | $7,980 | $7,406 |
| 2016 | $3,214 | $13,404 | $6,650 | $6,754 |
| 2015 | $3,022 | $13,404 | $6,650 | $6,754 |
| 2014 | $2,962 | $13,404 | $6,650 | $6,754 |
| 2013 | -- | $16,008 | $6,650 | $9,358 |
Source: Public Records
Agents Affiliated with this Home
-
Rebecca Singh
Seller's Agent in 2018
Rebecca Singh
HomeSmart Realty Group
(630) 205-0935
34 Total Sales
-
Scott Hunt
Buyer's Agent in 2018
Scott Hunt
HomeSmart Connect LLC
(815) 236-0038
41 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD09941170
APN: 19-33-102-024-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. 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 Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Nearby Homes
- 8209 Central Ave
- 8026 Linder Ave
- 5640 W 82nd Place
- 5700 W 82nd St
- 5710 W 82nd St
- 7927 Lotus Ave
- 5641 W 81st Place
- 5708 W 82nd Place
- 5440 W 84th Place
- 8320 Latrobe Ave Unit 1
- 8328 Latrobe Ave
- 8400 Latrobe Ave
- 5449 W 85th St
- 5539 W 85th St
- 5855 W 82nd St
- 7757 Linder Ave
- 5113 W 79th Place
- 8514 Major Ave
- 7817 Menard Ave
- 8545 Parkside Ave
- 5503 W 81st Place
- 5507 W 81st Place
- 5502 W 82nd St
- 5517 W 81st Place
- 5510 W 82nd St
- 8127 Linder Ave
- 5519 W 81st Place
- 5504 W 81st Place
- 8119 Linder Ave
- 5520 W 82nd St
- 5510 W 81st Place
- 5521 W 81st Place
- 5514 W 81st Place
- 8111 Linder Ave
- 5524 W 82nd St
- 8126 Lotus Ave
- 5518 W 81st Place
- 5523 W 81st Place
- 5505 W 82nd St
- 8107 Linder Ave