NOT LISTED FOR SALE

7918 S Lorel Ave Burbank, IL 60459

Estimated Value: $552,000 - $613,000

4 Beds
2 Baths
3,381 Sq Ft
$171/Sq Ft Est. Value

About This Home

This home is located at 7918 S Lorel Ave, Burbank, IL 60459 and is currently estimated at $577,916, approximately $170 per square foot. 7918 S Lorel Ave is a home located in Cook County with nearby schools including Luther Burbank Elementary School, Reavis High School, and St Albert the Great Catholic School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2019
Sold by
Marquette Bank
Bought by
Sadoun Meriem and Boussad Karima
Current Estimated Value
$577,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,800
Outstanding Balance
$252,981
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$316,958

Purchase Details

Closed on
Jun 4, 2009
Sold by
Hubbs Scott
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Jun 2, 2009
Sold by
Salem Builders Inc
Bought by
Marquette Bank and Trust #16953

Purchase Details

Closed on
May 18, 2009
Sold by
Aurora Loan Services Llc
Bought by
Salem Builders Inc

Purchase Details

Closed on
May 29, 2007
Sold by
Khoshabe Babajan
Bought by
Hubbs Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,350
Interest Rate
8.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 14, 2005
Sold by
P & S Builders Inc
Bought by
Khoshabe Babajan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 1995
Sold by
Orlowski Anna M
Bought by
Orlowski Anna M and Orlowski Michael S
Source: Public Records

Range of Values:

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.

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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.

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First American

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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.

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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
Sadoun Meriem -- Old Republic Title
Aurora Loan Services Llc -- None Available
Marquette Bank -- None Available
Salem Builders Inc $309,000 None Available
Hubbs Scott $542,500 Cambridge Title Company
Khoshabe Babajan $525,000 Cti
Orlowski Anna M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sadoun Meriem $281,800
Previous Owner Marquette Bank $300,000
Previous Owner Marquette Bank $300,000
Previous Owner Hubbs Scott $515,350
Previous Owner Khoshabe Babajan $370,000
Previous Owner P & S Builders Inc $350,000
Source: Public Records

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 $12,934 $45,000 $7,069 $37,931
2023 $9,616 $45,000 $7,069 $37,931
2022 $9,616 $28,356 $6,139 $22,217
2021 $10,463 $28,355 $6,138 $22,217
2020 $10,094 $28,355 $6,138 $22,217
2019 $14,152 $39,499 $5,580 $33,919
2018 $13,749 $39,499 $5,580 $33,919
2017 $13,294 $39,499 $5,580 $33,919
2016 $10,253 $29,101 $4,650 $24,451
2015 $9,872 $29,101 $4,650 $24,451
2014 $8,126 $29,101 $4,650 $24,451
2013 $9,830 $37,209 $4,650 $32,559
Source: Public Records

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