NOT LISTED FOR SALE

7734 Lotus Ave Burbank, IL 60459

Estimated Value: $302,000 - $341,000

3 Beds
2 Baths
1,022 Sq Ft
$310/Sq Ft Est. Value

Last Sold June 18, 2016

Last sale price $180,000 $176 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,183/month

6 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • Detached Garage
  • Wood Flooring
  • Fenced Yard
  • Breakfast Bar

About This Home

As of June 2016

You will love what you see in this immaculately maintained raised ranch. Gleaming hardwood floors throughout the first floor, updated bath and remodeled kitchen with oak cabinets. Spacious eating area includes a rare sliding glass door to deck and back yard. Finished basement with newer glass block windows and full bath. Newer roof, gutters, c/a, furnace & sliding glass door. Conveniently located near schools, shopping and transportation. Move in ready, schedule your appointment today.

Last Agent to Sell the Property

Michelle Kotowski

Village Realty, Inc. License #475128460 Listed on: 04/14/2016

Village Realty, Inc.

Last Buyer's Agent

The Galarza Team

Century 21 New Beginnings License #475113749

Century 21 New Beginnings

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,108

Year Built

  • 1960

Lot Details

  • East or West Exposure
  • Fenced Yard

Parking

  • Detached Garage
  • Off Alley Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Main Floor Bedroom
  • Workroom
  • Wood Flooring
  • Storm Screens

Kitchen

  • Breakfast Bar
  • Oven or Range

Finished Basement

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

Outdoor Features

  • Deck

Utilities

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

Listing and Financial Details

  • $5,400 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,108

Year Built

1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Type Detached: Raised Ranch
  • Estimated Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom
  • Number Of Rooms: 7
  • Living Room: Dimensions: 11X18, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Appliances: Oven/Range
  • Attic: Full, Unfinished
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 7X11, On Level: Lower, Flooring: Other, Windows: All
  • Kitchen Type: Dimensions: 8X10, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Workroom
  • Master Bedroom: Dimensions: 11X11, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Additional Room 1 Name: Work Rm, Dimensions: 7X15, On Level: Lower, Flooring: Other, Windows: All
  • Bedroom 2: Dimensions: 10X11, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Bedroom 3: Dimensions: 10X12, On Level: Main Level, Flooring: Hardwood, Windows: All
  • Estimated Sq Ft: 1022
  • Family Room: Dimensions: 14X36, On Level: Lower, Flooring: Ceramic Tile, Windows: All

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck, Storms/Screens
  • Exposure: E (East)

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Off Alley
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public, Sewer-Storm
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 220
  • Elementary School: JACQUELINE B KENNEDY ELEMENTARY
  • Middle School: LIBERTY JUNIOR HIGH SCHOOL
  • High School: REAVIS HIGH SCHOOL
  • Junior High Dist: 111

Lot Info

  • Lot Dimensions: 30X123
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 19283180350000

Tax Info

  • Taxes: 4772.82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2016
Closed on
Jun 10, 2016
Sold by
Olczyk Richard and Olczyk Gloria G
Bought by
Sosa Blanca E and Sosa Gwendolyn
Seller's Agent
Michelle Kotowski
Village Realty, Inc.
Buyer's Agent
The Galarza Team
Century 21 New Beginnings
List Price
$179,872
Sold Price
$180,000
Premium/Discount to List
$128
0.07%
Current Estimated Value
$316,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,659
Avg. Annual Appreciation
6.23%
Original Mortgage
$144,000
Outstanding Balance
$63,916
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$252,743

Purchase Details

Closed on
Sep 7, 2011
Sold by
Olczyk Janina
Bought by
Cirrus Investment Grp Llc

Purchase Details

Closed on
Jan 5, 2011
Sold by
Cirrus Investment Group Llc
Bought by
Olczyk Richard and Olczyk Gloria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 1996
Sold by
Bruno Hildegard
Bought by
Olczyk Stefan and Olczyk Janina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.43%

Purchase Details

Closed on
Oct 3, 1995
Sold by
Hennessey Barbara A and Vaisvillas Barbaa A
Bought by
Bruno Hildegard
Source: Public Records

Range of Values:

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Average Value
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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
Sosa Blanca E $180,000 None Available
Cirrus Investment Grp Llc $80,500 None Available
Olczyk Richard $105,000 Fidelity National Title
Olczyk Stefan $136,000 --
Bruno Hildegard $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sosa Blanca E $144,000
Previous Owner Olczyk Richard $68,000
Previous Owner Olczyk Stefan $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/18/2016 06/18/16 Sold $180,000 +0.1% $176 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
04/14/2016 04/14/16 For Sale $179,872 -- $176 / 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
2024 $6,108 $23,001 $3,506 $19,495
2023 $4,998 $23,001 $3,506 $19,495
2022 $4,998 $16,381 $3,044 $13,337
2021 $4,815 $16,380 $3,044 $13,336
2020 $4,727 $16,380 $3,044 $13,336
2019 $6,418 $17,913 $2,767 $15,146
2018 $6,235 $17,913 $2,767 $15,146
2017 $6,029 $17,913 $2,767 $15,146
2016 $5,111 $14,506 $2,306 $12,200
2015 $4,921 $14,506 $2,306 $12,200
2014 $4,773 $14,506 $2,306 $12,200
2013 $5,225 $17,381 $2,306 $15,075
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09195159

Midwest Real Estate Data (MRED)

APN: 19-28-318-035-0000