Seller's Agent in 2020
Edward Reyes
RE/MAX
(773) 320-6610
1 in this area
26 Total Sales
7502 Lorel Ave Burbank, IL 60459
Estimated Value: $334,050 - $470,000
5
Beds
3
Baths
3,750
Sq Ft
$105/Sq Ft
Est. Value
Highlights
- Recreation Room
- Wood Flooring
- Detached Garage
- Ranch Style House
- Fenced Yard
- Skylights
About This Home
As of October 2020HOME SWEET HOME!! This huge 5 BR/2.5 BA BRICK RAISED RANCH in Burbank has room for the whole family. When you enter, the tiled foyer leads to hardwood floors on the main floor living room, bedrooms and family room. This home has newer stainless steel appliances in the eat-in, sky-lit kitchen with ceramic tile flooring and beautiful tiled backsplash. The newly tiled main level full bath has a whirlpool tub. As you get down stairs to the finished basement, there is a second family room and full bathroom perfect for in-law arrangement living. The fenced yard surrounds the 2 1/2 car detached garage. Conveniently located near great schools, shopping, and expressways. call to make your appt today!
Home Details
Home Type
- Single Family
Year Built
- 1971
Lot Details
- East or West Exposure
- Fenced Yard
Parking
- Detached Garage
- Garage Door Opener
- Driveway
- Parking Included in Price
- Garage Is Owned
Home Design
- Ranch Style House
- Brick Exterior Construction
- Slab Foundation
- Asphalt Shingled Roof
Interior Spaces
- Skylights
- Recreation Room
- Wood Flooring
- Storm Screens
Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Utilities
- Forced Air Heating and Cooling System
- Baseboard Heating
- Heating System Uses Gas
- Lake Michigan Water
Additional Features
- Patio
- Property is near bus stop
Listing and Financial Details
- $2,000 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 31, 2020
Closed on
Oct 27, 2020
Sold by
Cervantes Luis F and Cervantes Norma
Bought by
Blancas Ignacio
Seller's Agent
Edward Reyes
RE/MAX 10
Buyer's Agent
Maribel Rodriguez
Ruiz Realty, Inc.
List Price
$249,900
Sold Price
$249,900
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,113
Avg. Annual Appreciation
9.08%
Original Mortgage
$245,373
Interest Rate
2.37%
Mortgage Type
FHA
Purchase Details
Closed on
Sep 6, 2017
Sold by
Arima Susan E
Bought by
Cervantes Norma and Cervantes Luis F
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
3.99%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 9, 2017
Sold by
Arima Steven T
Bought by
Arima Susan E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
3.99%
Mortgage Type
New Conventional
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Blancas Ignacio | $250,000 | Citywide Title Corporation | |
| Cervantes Norma | $200,000 | Attorneys Title Guaranty Fun | |
| Arima Susan E | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Blancas Ignacio | $245,373 | |
| Previous Owner | Cervantes Norma | $190,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/28/2020 10/28/20 | Sold | $249,900 | 0.0% | $67 / Sq Ft |
| 09/07/2020 09/07/20 | Pending | -- | -- | -- |
| 08/31/2020 08/31/20 | For Sale | $249,900 | -- | $67 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 |
|---|---|---|---|---|
| 2025 | $7,038 | $23,498 | $3,563 | $19,935 |
| 2024 | $7,038 | $23,498 | $3,563 | $19,935 |
| 2023 | $4,616 | $26,001 | $3,563 | $22,438 |
| 2022 | $4,616 | $15,393 | $3,094 | $12,299 |
| 2021 | $5,679 | $15,391 | $3,093 | $12,298 |
| 2020 | $5,109 | $17,453 | $3,093 | $14,360 |
| 2019 | $6,824 | $19,046 | $2,812 | $16,234 |
| 2018 | $6,630 | $19,046 | $2,812 | $16,234 |
| 2017 | $5,274 | $19,046 | $2,812 | $16,234 |
| 2016 | $4,606 | $15,571 | $2,343 | $13,228 |
| 2015 | $4,392 | $15,571 | $2,343 | $13,228 |
| 2014 | $4,278 | $15,571 | $2,343 | $13,228 |
| 2013 | $4,932 | $19,036 | $2,343 | $16,693 |
Source: Public Records
Agents Affiliated with this Home
-
Edward Reyes
-
Maribel Rodriguez
M
Buyer's Agent in 2020
Maribel Rodriguez
Ruiz Realty, Inc.
(773) 767-9470
41 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10840423
APN: 19-28-300-006-0000
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