7518 Lorel Ave Burbank, IL 60459
Estimated Value: $254,000 - $350,000
3
Beds
2
Baths
1,032
Sq Ft
$295/Sq Ft
Est. Value
About This Home
This home is located at 7518 Lorel Ave, Burbank, IL 60459 and is currently estimated at $304,564, approximately $295 per square foot. 7518 Lorel Ave is a home located in Cook County with nearby schools including J.B. Kennedy Elementary School, Reavis High School, and St Albert the Great Catholic School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 18, 2012
Sold by
Garibay William J
Bought by
Lara Bernardo
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,681
Outstanding Balance
$85,741
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$218,823
Purchase Details
Closed on
Jun 26, 1998
Sold by
Beata Wayne Michael J and Beata Wayne
Bought by
Garibay William J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,750
Interest Rate
7.18%
Purchase Details
Closed on
Feb 28, 1994
Sold by
Dzwigon Edward and Dzwigon Charmaine
Bought by
Beata Wayne Michael J and Beata Wayne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
7.1%
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 |
|---|---|---|---|
| Lara Bernardo | $19,200,000 | First American Title | |
| Garibay William J | $127,500 | -- | |
| Beata Wayne Michael J | $80,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lara Bernardo | $125,681 | |
| Previous Owner | Garibay William J | $114,750 | |
| Previous Owner | Beata Wayne Michael J | $96,000 |
Source: Public Records
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 | $6,728 | $25,001 | $3,563 | $21,438 |
| 2024 | $6,728 | $25,001 | $3,563 | $21,438 |
| 2023 | $5,722 | $25,001 | $3,563 | $21,438 |
| 2022 | $5,722 | $18,259 | $3,094 | $15,165 |
| 2021 | $5,508 | $18,257 | $3,093 | $15,164 |
| 2020 | $5,395 | $18,257 | $3,093 | $15,164 |
| 2019 | $4,996 | $17,374 | $2,812 | $14,562 |
| 2018 | $4,852 | $17,374 | $2,812 | $14,562 |
| 2017 | $4,711 | $17,374 | $2,812 | $14,562 |
| 2016 | $4,827 | $16,198 | $2,343 | $13,855 |
| 2015 | $4,605 | $16,198 | $2,343 | $13,855 |
| 2014 | $4,484 | $16,198 | $2,343 | $13,855 |
| 2013 | $4,725 | $18,349 | $2,343 | $16,006 |
Source: Public Records
Map
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