5530 W 85th Place Burbank, IL 60459
Estimated Value: $295,000 - $302,000
3
Beds
2
Baths
1,245
Sq Ft
$239/Sq Ft
Est. Value
About This Home
This home is located at 5530 W 85th Place, Burbank, IL 60459 and is currently estimated at $297,181, approximately $238 per square foot. 5530 W 85th Place is a home located in Cook County with nearby schools including Luther Burbank Elementary School, Reavis High School, and St Albert the Great Catholic School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 13, 2007
Sold by
Nayak Ratilal and Nayak Sunila R
Bought by
Nayak Ratilal M and Nayak Sunila
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Outstanding Balance
$77,884
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$219,297
Purchase Details
Closed on
Jul 15, 2005
Sold by
Naik Janak M and Naik Janakkumar M
Bought by
Nayak Ratilal
Purchase Details
Closed on
Oct 11, 2002
Sold by
Biske Mary Ann C
Bought by
Naik Janak M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,375
Interest Rate
4.87%
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Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Nayak Ratilal M | -- | Lawyers Title | |
Nayak Ratilal | -- | -- | |
Naik Janak M | $172,500 | First American Title |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Nayak Ratilal M | $125,000 | |
Previous Owner | Naik Janak M | $129,375 |
Source: Public Records
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 | $4,265 | $23,000 | $10,105 | $12,895 |
2023 | $4,265 | $23,000 | $10,105 | $12,895 |
2022 | $4,265 | $17,901 | $8,776 | $9,125 |
2021 | $5,376 | $17,900 | $8,775 | $9,125 |
2020 | $5,268 | $17,900 | $8,775 | $9,125 |
2019 | $4,515 | $16,032 | $7,977 | $8,055 |
2018 | $4,385 | $16,032 | $7,977 | $8,055 |
2017 | $4,798 | $17,630 | $7,977 | $9,653 |
2016 | $4,088 | $14,100 | $6,648 | $7,452 |
2015 | $3,893 | $14,100 | $6,648 | $7,452 |
2014 | $3,794 | $14,100 | $6,648 | $7,452 |
2013 | $4,503 | $17,611 | $6,648 | $10,963 |
Source: Public Records
Map
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