$173,000
SOLD JUL 31, 2023

5611 W 81st Place Burbank, IL 60459

3 Beds
1 Bath
1,042 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$166 Per Sq Ft

28% Above List Price

3 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Laundry Room
  • Wood Flooring
  • Living Room
  • Dining Room

About This Home

As of February 2024

SELLER HAS MULTIPLE OFFERS AND ASKING FOR HIGHEST AND BEST BY SUNDAY AT 5PM. ONLY THE HIGHEST BIDDER WILL BE CONTACTED. ATTENTION INVESTORS AND REHABBERS! GREAT BRICK STARTER HOME THAT NEEDS SOME TLC ON A LARGE LOT. SO MUCH POTENTIAL. VACANT AND EARY TO SHOW. FABULOUS LOCATION. PLEASE VERIFY ALL INFO, ROOM SIZES, ETC.

Last Agent to Sell the Property

Robert Picciariello

Prello Realty License #471006989 Listed on: 07/13/2023

Last Buyer's Agent

Anna Rapciak

Century 21 Circle License #475131108

Century 21 Circle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,439

Year Built

  • Built in 1970

Parking

  • 2 Car Detached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,042 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Crawl Space
  • Laundry Room

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,439

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1970
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors
  • LivingArea: 1042
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Foundation Details: Block
  • List Price: 134900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 111

Lot Info

  • Lot Dimensions: 7860
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 6439
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2023
Closed on
Feb 8, 2024
Sold by
Furmon Construction Inc
Bought by
Tirado Alejandro Hernandez and Flores Cristal
Seller's Agent
Anna Rapciak
Century 21 Circle
Buyer's Agent
Jesse Gomez
Realmart Realty Inc
List Price
$299,900
Sold Price
$299,900
Views
366
Current Estimated Value
$316,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,058
Avg. Annual Appreciation
3.52%
Original Mortgage
$7,500
Outstanding Balance
$3,140
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$313,818

Purchase Details

Listed on
Jul 13, 2023
Closed on
Jul 28, 2023
Sold by
Equity Trust Co
Bought by
Furmon Construction Inc
Seller's Agent
Robert Picciariello
Prello Realty
Buyer's Agent
Anna Rapciak
Century 21 Circle
List Price
$134,900
Sold Price
$173,000
Premium/Discount to List
$38,100
28.24%
Views
277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
182.37%

Purchase Details

Closed on
May 5, 2023
Sold by
Marquette Bank
Bought by
Equity Trust Co
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 $300,000 Fidelity National Title
Deed $173,000 Chicago Title
Deed $95,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $7,500 New Conventional
Open $290,903 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/08/2024 02/08/24 Sold $299,900 0.0% $288 / Sq Ft
12/29/2023 12/29/23 Pending -- -- --
12/06/2023 12/06/23 For Sale $299,900 +73.4% $288 / Sq Ft
07/31/2023 07/31/23 Sold $173,000 +28.2% $166 / Sq Ft
07/17/2023 07/17/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $134,900 -- $129 / Sq Ft
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 $6,516 $21,001 $4,913 $16,088
2023 $6,729 $21,001 $4,913 $16,088
2022 $6,729 $17,451 $4,323 $13,128
2021 $6,439 $17,450 $4,323 $13,127
2020 $6,212 $17,450 $4,323 $13,127
2019 $3,075 $14,755 $3,930 $10,825
2018 $663 $14,755 $3,930 $10,825
2017 $629 $14,755 $3,930 $10,825
2016 $1,451 $13,225 $3,340 $9,885
2015 $1,467 $13,225 $3,340 $9,885
2014 $1,393 $13,225 $3,340 $9,885
2013 $1,303 $15,242 $3,340 $11,902
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11830477

Midwest Real Estate Data (MRED)

APN: 19-32-224-059-0000