NOT LISTED FOR SALE

7523 Lorel Ave Burbank, IL 60459

Estimated Value: $283,000 - $331,356

4 Beds
2 Baths
1,200 Sq Ft
$261/Sq Ft Est. Value

Sale Details

Date Sold: January 20, 2022

Last sale price $255,000 $212 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,344 / mo

26 Days on Market

About This Home

As of January 2022

Modernized sleek interior design! Looks and feels brand new. Absolutely charming interior with upgrades everywhere. Premium gourmet kitchen with new SS appliances. Updated bathrooms with imported designer tile. Designer lighting and faucet fixtures. New engineered hardwood floors. New carpet. Freshly painted interior with Benjamin Moore designer colors. Private fenced backyard for entertaining. Spacious 2 car garage. Highly sought after school district and neighborhood! FHA, VA, Conventional all welcome!(previously under contract, buyer lost financing).

Last Agent to Sell the Property

Mike Berg

Berg Properties License #475114838 Listed on: 11/08/2021

Last Buyer's Agent

Alma Garcia

RE/MAX Mi Casa License #475122453

RE/MAX Mi Casa

Home Details

Home Type

  • Single Family

Year Built | Renovated

  • 1970 | 2021

Lot Details

  • 3,485

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Off Alley Driveway
  • Parking Included in Price

Interior Spaces

  • 1.5-Story Property
  • Combination Dining and Living Room
  • Finished Basement
  • Finished Basement Bathroom

Home Details

Home Type

Single Family

Year Built | Renovated

1970 | 2021

Lot Details

3,485 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1.5 Story
  • Property Sub Type: 1.5 Story
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • Architectural Style: Bungalow
  • Directions: From State Rd, North on Lorel to property
  • Lot Size: 3750
  • New Construction: No
  • Ownership: Fee Simple
  • Actual Status: Closed
  • Special Features: None
  • Year Built: 1970
  • Year Renovated: 2021

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s)
  • Has Basement: Partial
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Dining Room Type: Foyer

Exterior Features

  • Roof: Asphalt
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Driveway: Off Alley
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Electric: Circuit Breakers
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 220

Lot Info

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

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4646
  • Tax Year: 2019

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2021
Closed on
Jan 26, 2022
Sold by
Bought by
Seller's Agent
Mike Berg
Berg Properties
Buyer's Agent
Alma Garcia
RE/MAX Mi Casa
List Price
$259,900
Sold Price
$255,000
Premium/Discount to List
-$4,900
-1.89%
Current Estimated Value
$313,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,339
Avg. Annual Appreciation
4.84%
Original Mortgage
$229,500
Outstanding Balance
$210,532
Interest Rate
3.22%
Estimated Equity
$102,807

Purchase Details

Listed on
Nov 8, 2021
Closed on
Jan 12, 2022
Sold by
Bought by
Seller's Agent
Mike Berg
Berg Properties
Buyer's Agent
Alma Garcia
RE/MAX Mi Casa
List Price
$259,900
Sold Price
$255,000
Premium/Discount to List
-$4,900
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Outstanding Balance
$210,532
Interest Rate
3.22%
Estimated Equity
$102,807

Purchase Details

Closed on
Feb 16, 2021
Sold by
Bought by

Purchase Details

Closed on
Dec 20, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2006
Sold by
Bought by

Purchase Details

Closed on
Dec 3, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
7.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,204
Interest Rate
5.94%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 13, 2001
Sold by
Bought by

Purchase Details

Closed on
Jan 2, 2001
Sold by
Bought by

Purchase Details

Closed on
Oct 26, 2000
Sold by
Bought by

Purchase Details

Closed on
May 8, 1996
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,450
Interest Rate
7.86%
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
-- --
-- --
$138,000 Fidelity National Title
-- Mgr International
-- Mgr International
-- Lawyers Title Insurance Corp
-- Lt
$179,000 1St American Title
-- --
$111,500 --
-- --
$117,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $229,500
Previous Owner $224,000
Previous Owner $205,000
Previous Owner $176,204
Previous Owner $113,450
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/20/2022 01/20/22 Sold $255,000 -1.9% $213 / Sq Ft
12/05/2021 12/05/21 Pending -- -- --
11/08/2021 11/08/21 For Sale $259,900 -- $217 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,757 $25,001 $3,563 $21,438
2024 $7,757 $25,001 $3,563 $21,438
2023 $6,949 $25,001 $3,563 $21,438
2022 $6,949 $18,020 $3,094 $14,926
2021 $5,420 $18,019 $3,093 $14,926
2020 $5,310 $18,019 $3,093 $14,926
2019 $4,647 $16,398 $2,812 $13,586
2018 $4,512 $16,398 $2,812 $13,586
2017 $4,383 $16,398 $2,812 $13,586
2016 $4,669 $15,750 $2,343 $13,407
2015 $4,453 $15,750 $2,343 $13,407
2014 $4,337 $15,750 $2,343 $13,407
2013 $4,618 $17,991 $2,343 $15,648
Source: Public Records

Agents Affiliated with this Home

  • Mike Berg

    Seller's Agent in 2022

    Mike Berg

    Berg Properties

    (773) 544-9785

    2 in this area

    622 Total Sales

    Mike Berg
    Section Image

  • A

    Buyer's Agent in 2022

    Alma Garcia

    RE/MAX

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11265773

Midwest Real Estate Data (MRED)

APN: 19-28-301-011-0000

Illinois Cook County Burbank 60459

7523 Lorel Ave, Burbank, IL

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) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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