NOT LISTED FOR SALE

7720 Lotus Ave Burbank, IL 60459

Estimated Value: $251,473 - $314,000

3 Beds
1 Bath
1,008 Sq Ft
$271/Sq Ft Est. Value

Last Sold August 20, 2012

Last sale price $110,100 $109 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $1,896/month

155 Days on Market

Highlights

  • Wood Flooring
  • Detached Garage
  • Forced Air Heating System
  • Main Floor Bedroom
  • Bathroom on Main Level

About This Home

As of August 2012

3 Bedroom Burbank Home For Sale with one bath. 1008 Sqft. built in 1960. Short Sale, Sold AS-IS, 100% tax prorations. Survey and inspections at expense of buyer.

Last Agent to Sell the Property

Raymond Kennedy

eXp Realty License #475134532 Listed on: 01/09/2012

eXp Realty

Last Buyer's Agent

Deborah Alvarado

Chicagoland Brokers, Inc License #475144314

Chicagoland Brokers, Inc

Property Details

Home Type

  • Other

Year Built

  • 1960

Lot Details

  • 3,703

Parking

  • Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Wood Flooring
  • Partial Basement

Property Details

Home Type

Other

Year Built

1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Type Detached: 1 Story
  • Special Features: 12
  • Year Built: 1960

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 6
  • Basement: Partial
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Master Bedroom Level: Main Level
  • Master Bedroom Size: 12X10
  • Master Bedroom Flooring: Carpet
  • Second Bedroom Level: Main Level
  • Second Bedroom Size: 11X10
  • Second Bedroom Flooring: Carpet
  • Third Bedroom Level: Main Level
  • Third Bedroom Size: 12X07
  • Third Bedroom Flooring: Carpet
  • Living Room Level: Main Level
  • Living Room Size: 15X14
  • Living Room Flooring: Hardwood
  • Dining Room Level: Main Level
  • Dining Room Size: 9X9
  • Dining Room Flooring: Hardwood
  • Kitchen Level: Main Level
  • Kitchen Size: 15X7
  • Additional Rooms: No additional rooms

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes

Utilities

  • Cooling: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 111

Lot Info

  • Lot Dimensions: 30 X 122

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2012
Closed on
Aug 16, 2012
Sold by
Pasana Ferdinand and Pasana Mercy
Bought by
Rivera Felix
Seller's Agent
Raymond Kennedy
eXp Realty
Buyer's Agent
Deborah Alvarado
Chicagoland Brokers, Inc
List Price
$107,729
Sold Price
$110,100
Premium/Discount to List
$2,371
2.2%
Current Estimated Value
$273,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,518
Avg. Annual Appreciation
7.02%
Original Mortgage
$108,105
Outstanding Balance
$73,909
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$199,709

Purchase Details

Closed on
Apr 27, 2006
Sold by
Colon Michael A and Colon Betsy
Bought by
Pasana Ferdinand

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,400
Interest Rate
6.39%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 14, 2000
Sold by
Zuleger Joseph P
Bought by
Colon Michael A and Colon Betsy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,908
Interest Rate
7.87%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 25, 1995
Sold by
Zuleger Mary Diane and Zulegar Mary Diane
Bought by
Zuleger Joseph P

Purchase Details

Closed on
Sep 9, 1994
Sold by
Zuleger Joseph P and Topel Edward J
Bought by
Zulegar Mary Diane and Zulegar Joseph P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,582
Interest Rate
8.44%
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
Rivera Felix $110,500 None Available
Pasana Ferdinand $238,000 Pntn
Colon Michael A $131,000 --
Zuleger Joseph P -- --
Zulegar Mary Diane -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Felix $108,105
Previous Owner Pasana Ferdinand $190,400
Previous Owner Colon Michael A $129,908
Previous Owner Zulegar Mary Diane $17,582
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2012 08/20/12 Sold $110,100 +2.2% $109 / Sq Ft
06/12/2012 06/12/12 Pending -- -- --
05/22/2012 05/22/12 Price Changed $107,729 0.0% $107 / Sq Ft
05/22/2012 05/22/12 For Sale $107,729 +2.9% $107 / Sq Ft
03/24/2012 03/24/12 Pending -- -- --
03/05/2012 03/05/12 Price Changed $104,729 -8.7% $104 / Sq Ft
02/24/2012 02/24/12 Price Changed $114,729 -4.2% $114 / Sq Ft
02/06/2012 02/06/12 Price Changed $119,729 -4.0% $119 / Sq Ft
01/09/2012 01/09/12 For Sale $124,729 -- $124 / Sq Ft
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
2025 $5,585 $18,001 $3,506 $14,495
2024 $5,585 $18,001 $3,506 $14,495
2023 $5,882 $18,001 $3,506 $14,495
2022 $5,882 $15,254 $3,044 $12,210
2021 $5,628 $15,253 $3,044 $12,209
2020 $5,430 $15,253 $3,044 $12,209
2019 $4,393 $12,261 $2,767 $9,494
2018 $4,268 $12,261 $2,767 $9,494
2017 $4,127 $12,261 $2,767 $9,494
2016 $4,128 $11,715 $2,306 $9,409
2015 $3,974 $11,715 $2,306 $9,409
2014 $3,855 $11,715 $2,306 $9,409
2013 $3,875 $12,890 $2,306 $10,584
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD07971598

Midwest Real Estate Data (MRED)

APN: 19-28-318-026-0000