NOT LISTED FOR SALE

7922 Lorel Ave Burbank, IL 60459

Estimated Value: $503,000 - $589,000

4 Beds
2 Baths
3,381 Sq Ft
$160/Sq Ft Est. Value

About This Home

This home is located at 7922 Lorel Ave, Burbank, IL 60459 and is currently estimated at $539,679, approximately $159 per square foot. 7922 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
Mar 3, 2015
Sold by
Garcia Magdalena and Garcia Jorge
Bought by
Standard Bank & Trust Company and Trust #21876
Current Estimated Value
$539,679

Purchase Details

Closed on
Oct 19, 2009
Sold by
Garcia Miguel and Garcia Josefina
Bought by
Garcia Magdalena and Garcia Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,092
Interest Rate
5.11%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 15, 2009
Sold by
Homesales Inc
Bought by
Garcia Josefina and Garcia Miguel H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,092
Interest Rate
5.11%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 29, 2009
Sold by
United States Receivers Caretakers Assoc
Bought by
Christ and Christ Nothing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,092
Interest Rate
5.11%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 20, 2009
Sold by
Hurd Shuman H
Bought by
United States Receivers Caretakers Assoc

Purchase Details

Closed on
Jan 12, 2009
Sold by
Shuman Hurd H
Bought by
Homesales Inc

Purchase Details

Closed on
Aug 31, 2007
Sold by
Khoshabe Babajan
Bought by
Shuman Hurd H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,000
Interest Rate
8.37%
Mortgage Type
Unknown
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
Standard Bank & Trust Company -- None Available
Garcia Magdalena -- None Available
Garcia Josefina $265,000 St
Christ -- Ticor Title Insurance Co
United States Receivers Caretakers Assoc -- Ticor Title Insurance Co
Homesales Inc -- None Available
Shuman Hurd H $545,000 Cambridge Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Josefina $287,710
Previous Owner Garcia Josefina $296,092
Previous Owner Shuman Hurd H $545,000
Previous Owner Khoshabe Babajan $987,000
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 $9,664 $43,000 $6,326 $36,674
2023 $9,664 $43,000 $6,326 $36,674
2022 $9,664 $28,481 $5,494 $22,987
2021 $9,280 $28,480 $5,493 $22,987
2020 $9,034 $28,480 $5,493 $22,987
2019 $12,889 $39,403 $4,994 $34,409
2018 $12,520 $39,403 $4,994 $34,409
2017 $12,126 $39,403 $4,994 $34,409
2016 $9,830 $30,398 $4,161 $26,237
2015 $10,390 $33,253 $4,161 $29,092
2014 $10,096 $33,253 $4,161 $29,092
2013 -- $36,720 $4,161 $32,559
Source: Public Records

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