NOT LISTED FOR SALE

5843 W 81st Place Burbank, IL 60459

Estimated Value: $230,000 - $311,000

3 Beds
1 Bath
1,075 Sq Ft
$250/Sq Ft Est. Value

Last Sold May 02, 2023

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

Est. 19% increase in value since last sale

Current estimated payment $1,742/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

Century 21 Harthside Realtors 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

6,665 Sq Ft Lot

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
  • Actual Status: Closed
  • 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
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • 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

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

Listed on
Feb 28, 2023
Closed on
Apr 20, 2023
Sold by
Balsan Randal
Bought by
Marquez Darline M
Seller's Agent
Karry Razik
RE/MAX 1st Service
Buyer's Agent
Theresa Zebell
Century 21 Harthside Realtors
List Price
$219,000
Sold Price
$225,000
Premium/Discount to List
$6,000
2.74%
Views
149
Current Estimated Value
$268,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,341
Avg. Annual Appreciation
6.31%
Original Mortgage
$213,750
Outstanding Balance
$206,227
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$62,114

Purchase Details

Closed on
Feb 19, 2010
Sold by
Balsan Jacqueline M and Morsovillo Jacqueline M
Bought by
Balsan Randal and Balsan 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
$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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Marquez Darline M $225,000 Old Republic National Title
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 Marquez Darline M $213,750
Previous Owner Balsan Randal $191,000
Previous Owner Morsovillo Jacqueline M $194,400
Previous Owner Morsovillo Michael D $172,448
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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
2025 $4,148 $17,324 $4,176 $13,148
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

    4 in this area

    50 Total Sales

    Karry Razik
    Section Image
  • Theresa Zebell

    Buyer's Agent in 2023

    Theresa Zebell

    Century 21 Harthside Realtors

    (708) 990-7220

    1 in this area

    58 Total Sales

    Theresa Zebell
    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

Not Listed for Sale

Detached

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.

Midwest Real Estate Data (MRED) 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.
Based on information submitted to the MLS GRID

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