$175,000
SOLD DEC 5, 2023

7625 Latrobe Ave Burbank, IL 60459

4 Beds
1 Bath
1,300 Sq Ft
5,968 Sq Ft Lot

Recently Sold

$135 Per Sq Ft

40% Above List Price

5 Days on Market

Highlights

  • 2 Car Detached Garage
  • 1-Story Property
  • Central Air

About This Home

As of March 2024

MULTIPLE OFFERS RECEIVED! HIGHEST AND BEST DUE BY SUNDAY 10/8/23 W THE SELLER DECIDING ON MONDAY. This 4 bedroom 1 bath ranch is priced to sell & needs work. Home is priced according to its condition. Seller is conducting an as is sale, no survey will be provided and tax proration is at 100%. This is nor a short sale or foreclosure. Seller is a corporation. CASH ONLY PER THE SELLER!

Last Agent to Sell the Property

Mary DeLaLeurs

Torg Realty Inc License #471017346 Listed on: 10/03/2023

Last Buyer's Agent

Mike Bodden

Chase Real Estate LLC License #475130117

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,685

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 70x125
  • Additional Parcels

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Aluminum Siding

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 1 Full Bathroom

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,685

Year Built

Built in 1948

Lot Details

0

Parking

2

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: 1948
  • Age: 51-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 4
  • LivingArea: 1300
  • 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
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 124900
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • 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: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 111

Lot Info

  • Additional Parcels Description: 19283110110000
  • Additional Parcels: Yes
  • Lot Dimensions: 70X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5685
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2024
Closed on
Mar 22, 2024
Sold by
Marys Lane Ricey Llc
Bought by
Barrera Karen
Seller's Agent
Neil Gates
Chase Real Estate LLC
Buyer's Agent
Martin Rendon
Realty of America, LLC
List Price
$309,700
Sold Price
$312,000
Premium/Discount to List
$2,300
0.74%
Views
55
Current Estimated Value
$256,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$55,354
Avg. Annual Appreciation
-13.38%
Original Mortgage
$306,348
Outstanding Balance
$303,083
Interest Rate
6.75%
Mortgage Type
FHA
Estimated Equity
-$46,437

Purchase Details

Listed on
Oct 3, 2023
Closed on
Nov 10, 2023
Sold by
2017-2 Ih Borrower Lp
Bought by
Marys Lane Ricey Llc
Seller's Agent
Mary DeLaLeurs
Torg Realty Inc
Buyer's Agent
Mike Bodden
Chase Real Estate LLC
List Price
$124,900
Sold Price
$175,000
Premium/Discount to List
$50,100
40.11%
Views
113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
545.73%
Original Mortgage
$186,250
Interest Rate
7.5%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 2, 2017
Sold by
2017 2 Ih Borrower Lp
Bought by
2017 2 Th Borrower Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$865,027,000
Interest Rate
3.91%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 12, 2014
Sold by
Thr Property Illinois Lp
Bought by
2014 & 3 Ih Borrower Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$769,322,000
Interest Rate
3.97%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 19, 2013
Sold by
Vaca Gilberto
Bought by
Thr Property Illinois Lp

Purchase Details

Closed on
Dec 30, 1999
Sold by
Izzo Bruce and Bauer Matilda
Bought by
Farhat Sayeed Shams and Farhat Jamal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,160
Interest Rate
7.69%
Mortgage Type
FHA
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 Type Sale Price Title Company
Warranty Deed $312,000 None Listed On Document
Warranty Deed $175,000 Citywide Title
Special Warranty Deed -- None Available
Special Warranty Deed -- None Available
Sheriffs Deed $55,000 None Available
Warranty Deed $123,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $306,348 FHA
Previous Owner $186,250 Construction
Previous Owner $865,027,000 Future Advance Clause Open End Mortgage
Previous Owner $769,322,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $180,000 Unknown
Previous Owner $30,000 Credit Line Revolving
Previous Owner $170,079 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $125,000 Unknown
Previous Owner $123,160 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2024 03/26/24 Sold $312,000 +0.7% $240 / Sq Ft
01/24/2024 01/24/24 Pending -- -- --
01/19/2024 01/19/24 For Sale $309,700 +77.0% $238 / Sq Ft
12/05/2023 12/05/23 Sold $175,000 +40.1% $135 / Sq Ft
10/09/2023 10/09/23 Pending -- -- --
10/03/2023 10/03/23 For Sale $124,900 0.0% $96 / Sq Ft
05/19/2017 05/19/17 Rented $1,595 0.0% --
05/12/2017 05/12/17 Under Contract -- -- --
05/10/2017 05/10/17 Price Changed $1,595 0.0% $1 / Sq Ft
05/10/2017 05/10/17 For Rent $1,595 -9.8% --
05/08/2017 05/08/17 Under Contract -- -- --
03/15/2017 03/15/17 For Rent $1,768 -- --
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 $3,515 $11,331 $5,653 $5,678
2023 $3,416 $11,331 $5,653 $5,678
2022 $3,416 $8,861 $4,909 $3,952
2021 $3,269 $8,859 $4,908 $3,951
2020 $3,154 $8,859 $4,908 $3,951
2019 $2,786 $7,777 $4,462 $3,315
2018 $2,707 $7,777 $4,462 $3,315
2017 $2,971 $8,827 $4,462 $4,365
2016 $2,464 $6,992 $3,718 $3,274
2015 $2,507 $7,389 $3,718 $3,671
2014 $1,380 $4,452 $3,718 $734
2013 $1,385 $4,871 $3,718 $1,153
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11866534

Midwest Real Estate Data (MRED)

APN: 19-28-311-011-0000