$40,000
SOLD SEP 13, 2016

5550 W 83rd St Burbank, IL 60459

0.14 Acre
-- Price per Acre
-- Sq Ft Lot

Recently Sold

27% Below List Price

503 Days on Market

About This Lot

As of January 2018

Vacant Lot in Prime Residential Area, 2 Adjoining Lots Also For Sale at 5544 W. 83rd St (MLS#:08892654) & 8255 Central (MLS#:08892652). Near Schools & Shopping

Last Agent to Sell the Property

Roy Novak

Citywide Realty LLC License #475139119 Listed on: 04/16/2015

Co-Listed By

Nick Pipala

Citywide Realty LLC License #475149041

Last Buyer's Agent

Sebastian Zaborski

Realty Executives Elite License #475165967

Realty Executives Elite

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,954

Year Built

  • 2016

Property Details

Property Type

Land

Est. Annual Taxes

$8,954

Year Built

2016

Lot Details

0

Listing Details

  • Property Type: Land
  • Ownership: Fee Simple
  • Ownership Type: Individual
  • Potential Use: Residential-Single Family
  • Total Listed Lots Avail: 3
  • Utilities To Site: Electric to Site, Gas to Site, Sanitary Sewer to Site, Water to Site
  • Zoning Type: SINGL
  • Special Features: 20
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2016

Interior Features

  • Road Surface: Asphalt

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Frontage Access: City Street
  • Front Footage: 60

Schools

  • School District: 220
  • High School: REAVIS HIGH SCHOOL
  • Junior High Dist: 111

Lot Info

  • Lot Dimensions: 60 X 100.07
  • Estimated Land Sq Ft: 6000
  • Parcel Identification Number: 19331030610000

Tax Info

  • Taxes: 1233.86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2017
Closed on
Jan 26, 2018
Sold by
Zaborski Andrew and Zaborski Maryann
Bought by
Hernandez Susana Monroy
Seller's Agent
Sebastian Zaborski
Realty Executives Elite
Buyer's Agent
Katie Foss
Baird & Warner
List Price
$394,700
Sold Price
$377,000
Premium/Discount to List
-$17,700
-4.48%
Total Days on Market
503
Current Estimated Value
$541,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,960
Avg. Annual Appreciation
5.32%
Original Mortgage
$365,690
Outstanding Balance
$312,870
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$238,637

Purchase Details

Listed on
Apr 16, 2015
Closed on
Sep 9, 2016
Sold by
First Personal Bank
Bought by
Zaboiski Andrew and Zaborski Sebastian
Seller's Agent
Roy Novak
Citywide Realty LLC
Buyer's Agent
Sebastian Zaborski
Realty Executives Elite
List Price
$55,000
Sold Price
$40,000
Premium/Discount to List
-$15,000
-27.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
408.16%

Purchase Details

Closed on
Apr 29, 2011
Sold by
Standard Bank & Trust Company
Bought by
First Personal Bank

Purchase Details

Closed on
Oct 14, 2009
Sold by
Eberhardt Richard H
Bought by
Standard Bank & Trust Company and Trust #20684
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $377,000 Attorney
Special Warranty Deed $120,000 First American Title Insuran
Legal Action Court Order -- None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $365,690 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2018 01/29/18 Sold $377,000 -4.5% $130 / Sq Ft
12/03/2017 12/03/17 Pending -- -- --
11/26/2017 11/26/17 For Sale $394,700 +886.8% $136 / Sq Ft
09/13/2016 09/13/16 Sold $40,000 -27.3% --
08/31/2016 08/31/16 Pending -- -- --
04/16/2015 04/16/15 For Sale $55,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $8,954 $44,000 $5,700 $38,300
2023 $8,954 $44,000 $5,700 $38,300
2022 $8,954 $26,641 $4,950 $21,691
2021 $8,601 $26,640 $4,950 $21,690
2020 $8,379 $26,640 $4,950 $21,690
2019 $12,279 $37,700 $4,500 $33,200
2018 $11,701 $33,616 $4,500 $29,116
2017 $1,515 $4,500 $4,500 $0
2016 $1,321 $3,750 $3,750 $0
2015 $1,272 $3,750 $3,750 $0
2014 $1,234 $3,750 $3,750 $0
2013 $1,127 $3,750 $3,750 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Sebastian Zaborski

    Realty Executives

    (708) 539-8770

    3 in this area

    23 Total Sales

    Sebastian Zaborski
    Section Image
  • Katie Foss

    Buyer's Agent in 2018

    Katie Foss

    Baird Warner

    (224) 261-5782

    153 Total Sales

    Katie Foss
    Section Image
  • Roy Novak

    Seller's Agent in 2016

    Roy Novak

    Citywide Realty LLC

    (708) 717-6767

    70 Total Sales

    Roy Novak
    Section Image

  • N

    Seller Co-Listing Agent in 2016

    Nick Pipala

    Citywide Realty LLC

    (773) 498-2524

    40 Total Sales

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08892653

Midwest Real Estate Data (MRED)

APN: 19-33-103-061-0000

Illinois Cook County Burbank 60459

5550 W 83rd St, Burbank, IL

This home is located at 5550 W 83rd St, Burbank, IL 60459 and is currently priced at $40,000. This property was built in 2016. 5550 W 83rd St 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.

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