NOT LISTED FOR SALE

5843 W 81st Place Burbank, IL 60459

Estimated Value: $257,000 - $274,000

3 Beds
1 Bath
1,075 Sq Ft
$248/Sq Ft Est. Value

Last Sold May 02, 2023

Last sale price $225,000 $209 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,842/month

6 Days on Market

Highlights

  • 1 Car Detached Garage
  • Laundry Room
  • Central Air
  • Living Room
  • 1-Story Property
  • Dining Room

About This Home

As of May 2023

Great value for this 3 bedroom, 1 bath home in the heart of Burbank! Large yard, living room with hardwood floors throughout, under current flooring. Laundry room and 1 car detached garage. Furnace approximately 2 years old.All appliances included. Close to shopping, restaurants! Check this one out today!

Last Agent to Sell the Property

Karry Razik

RE/MAX 1st Service License #475155005 Listed on: 02/28/2023

RE/MAX 1st Service

Last Buyer's Agent

Theresa Zebell

Harthside Realtors, Inc. License #475182373

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,694

Year Built

  • Built in 1960

Lot Details

  • 6,665

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Interior Spaces

  • 1,075 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Schools

  • Reavis High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions
  • Other Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,694

Year Built

Built in 1960

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1960
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 1075
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1075
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 219000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • 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

  • High School: Reavis High School
  • Middle/Junior School District: 111

Lot Info

  • Lot Dimensions: 1075
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3694.2
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior,Senior Freeze,Disabled Person

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 19, 2010
Sold by
Balsan Jacqueline M and Morsovillo Jacqueline M
Bought by
Balsan Randal and Balsan Jacqueline M
Current Estimated Value
$274,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,000
Interest Rate
5.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2007
Sold by
Morsovillo Michael D and Morsovillo Jacqueline M
Bought by
Morsovillo Jacqueline M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,400
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2003
Sold by
Bonifacio Michael P
Bought by
Morsovillo Michael D and Morsovillo Jacqueline M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,448
Interest Rate
5.4%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 22, 2002
Sold by
Bank One Na
Bought by
Bonifacio Michael P

Purchase Details

Closed on
Jul 8, 2002
Sold by
Flanagan Robert F
Bought by
Bank One National Assn
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 Buyer Sale Price Title Company
Balsan Randal -- Citywide Title Corporation
Morsovillo Jacqueline M -- Ticor Title Ins Co 2002
Morsovillo Michael D $175,000 First American Title
Bonifacio Michael P $95,000 --
Bank One National Assn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balsan Randal $160,700
Closed Balsan Randal $191,000
Closed Morsovillo Jacqueline M $194,400
Closed Morsovillo Michael D $172,448
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2023 05/02/23 Sold $225,000 +2.7% $209 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
02/28/2023 02/28/23 For Sale $219,000 -- $204 / 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 $4,148 $17,324 $4,176 $13,148
2023 $3,791 $20,000 $4,176 $15,824
2022 $3,791 $16,674 $3,675 $12,999
2021 $3,694 $16,672 $3,674 $12,998
2020 $1,982 $16,672 $3,674 $12,998
2019 $3,188 $13,014 $3,340 $9,674
2018 $3,095 $13,014 $3,340 $9,674
2017 $3,017 $13,014 $3,340 $9,674
2016 $3,190 $12,265 $2,839 $9,426
2015 $3,016 $12,265 $2,839 $9,426
2014 $2,949 $12,265 $2,839 $9,426
2013 $3,494 $14,254 $2,839 $11,415
Source: Public Records

Agents Affiliated with this Home

  • Karry Razik

    Seller's Agent in 2023

    Karry Razik

    RE/MAX

    (708) 227-4870

    3 in this area

    48 Total Sales

    Section Image
  • Theresa Zebell

    Buyer's Agent in 2023

    Theresa Zebell

    Harthside Realtors, Inc.

    (708) 990-7220

    1 in this area

    59 Total Sales

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11727183

Midwest Real Estate Data (MRED)

APN: 19-32-222-026-0000

Illinois Cook County Burbank 60459

5843 W 81st Place, Burbank, IL

This home is located at 5843 W 81st Place, Burbank, IL 60459 since 28 February 2023 and is currently estimated at $266,143, approximately $247 per square foot. This property was built in 1960. 5843 W 81st 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.

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