NOT LISTED FOR SALE

7731 Lorel Ave Burbank, IL 60459

Estimated Value: $342,000 - $427,000

4 Beds
4 Baths
2,522 Sq Ft
$158/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $208,000 $82 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,447/month

41 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • Central Air
  • Vaulted Ceiling
  • Attached Garage

About This Home

As of August 2019

This is not just your cookie cutter home. This 20 year young 2 story, 3 bedroom (+1 in basement), 2 full baths, 2 half baths, and 2 car attached garage. Amazing open floor plan which features a massive living room with hardwood floors that leads to the kitchen and dining room. Fresh white cabinetry with granite counters. New SS appliances with an island. 2nd level features 3 large bedrooms, hardwood floors throughout and the convenience of washer/dryer. Master bedroom has cathedral ceilings, a large walk in closet and a master bath with a dual vanity. Full freshly painted finished basement with a 4th bedroom and a recreational room for entertainment. Home has 2 furnaces and A/C units for utility efficiency and a sump pump. Great schools, close to expressways, and close to shopping. *Taxes do not reflect homeowners exception* **Projected savings of 1K annually in taxes** Ask your agent for info.

Last Agent to Sell the Property

Adam Zagata

Real Broker LLC License #475164308 Listed on: 06/26/2019

Real Broker LLC

Last Buyer's Agent

Rosalba Pasillas

Homes R Us Real Estate Service License #471003990

Home Details

Home Type

  • Single Family

Year Built

  • 1997

Lot Details

  • 4,792

Parking

  • Attached Garage
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Vaulted Ceiling
  • Recreation Room
  • Wood Flooring
  • Laundry on upper level

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water
  • Mechanical Septic System

Home Details

Home Type

Single Family

Year Built

1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Age: 21-25 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.2
  • Total Sq Ft: 1722
  • Type Detached: 2 Stories
  • Estimated Year Built: 1997
  • Total Sq Ft: 1722
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1997

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Hardwood Floors, 2nd Floor Laundry
  • Number Of Rooms: 8
  • Living Room: Dimensions: 16X15, On Level: Main Level, Flooring: Hardwood
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 10X8, On Level: 2nd Level
  • Dining Room: Dimensions: 15X10, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 17X15, On Level: Main Level, Flooring: Ceramic Tile
  • Additional Rooms: Recreation Room
  • Master Bedroom: Dimensions: 17X16, On Level: 2nd Level, Flooring: Hardwood
  • Additional Room 1 Name: Recreation Rm, Dimensions: 29X15, On Level: Walkout Basement
  • Bedroom 2: Dimensions: 13X13, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 16X12, On Level: 2nd Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 16X14, On Level: Basement
  • Estimated Sq Ft: 2522
  • Estimated Total Finished Sq Ft: 2522
  • Basement Finished Sq Ft: 800
  • Main Level Sq Ft: 1000
  • Upper Level Sq Ft: 722

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Aluminum Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 0.1165

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Septic-Mechanical
  • Heating Fuel: Gas

Schools

  • Junior High Dist: 111

Lot Info

  • Lot Dimensions: 92X141X108
  • Parcel Identification Number: 19283220480000

Tax Info

  • Taxes: 9290

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2019
Closed on
Aug 7, 2019
Sold by
Farhat Omar
Bought by
Contreras Jesus and Contreras Elsa
Seller's Agent
Adam Zagata
Real Broker LLC
Buyer's Agent
Rosalba Pasillas
Homes R Us Real Estate Service
List Price
$249,900
Sold Price
$208,000
Premium/Discount to List
-$41,900
-16.77%
Current Estimated Value
$397,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,884
Avg. Annual Appreciation
10.67%

Purchase Details

Closed on
Jul 15, 2013
Sold by
Farhat Fayez and Farhat Nelci
Bought by
Farhat Omar and Farhat Suha

Purchase Details

Closed on
Sep 23, 2005
Sold by
Contreras Juventino and Contreras Shirley
Bought by
Farhat Fayez and Farhat Omar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,700
Interest Rate
7.15%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 11, 2002
Sold by
Sutton Daniel E and Sutton Jeanne M
Bought by
Contreras Juventino and Contreras Shirley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.4%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Contreras Jesus $208,000 Saturn Title Llc
Contreras Jesus $208,000 Saturn Title Llc
Farhat Omar -- None Available
Farhat Omar -- None Available
Farhat Fayez $313,000 Multiple
Farhat Fayez $313,000 Multiple
Contreras Juventino $235,000 Enterprise Land Title Ltd
Contreras Juventino $235,000 Enterprise Land Title Ltd
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farhat Fayez $281,700
Previous Owner Contreras Juventino $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2019 08/23/19 Sold $208,000 -7.6% $82 / Sq Ft
08/06/2019 08/06/19 Pending -- -- --
08/01/2019 08/01/19 Price Changed $225,000 -2.1% $89 / Sq Ft
07/15/2019 07/15/19 Price Changed $229,900 -4.2% $91 / Sq Ft
07/08/2019 07/08/19 Price Changed $239,900 -4.0% $95 / Sq Ft
06/26/2019 06/26/19 For Sale $249,900 -- $99 / 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 $4,404 $32,000 $4,819 $27,181
2024 $4,404 $32,000 $4,819 $27,181
2023 $8,021 $32,000 $4,819 $27,181
2022 $8,021 $20,800 $4,185 $16,615
2021 $7,675 $20,800 $4,185 $16,615
2020 $7,405 $20,800 $4,185 $16,615
2019 $9,890 $27,603 $3,804 $23,799
2018 $9,608 $27,603 $3,804 $23,799
2017 $9,290 $27,603 $3,804 $23,799
2016 $7,705 $21,867 $3,170 $18,697
2015 $7,418 $21,867 $3,170 $18,697
2014 $7,195 $21,867 $3,170 $18,697
2013 $6,823 $22,696 $3,170 $19,526
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10430410

Midwest Real Estate Data (MRED)

APN: 19-28-322-048-0000