$86,000
SOLD MAR 5, 2014

7936 Lorel Ave Burbank, IL 60459

3 Beds
1 Bath
10,374 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$8 Per Sq Ft

22% Below List Price

51 Days on Market

Highlights

  • Cape Cod Architecture
  • First Floor Utility Room
  • Attached Garage
  • Main Floor Bedroom
  • Fenced Yard
  • Breakfast Bar

About This Home

As of March 2015

COZY AND BEAUTIFUL BRICK CAPE COD ON LARGE LOT. SPACIOUS 1st LEVEL FEATURES 2 BEDROOMS AND ADJACENT DINING RM. GREAT INVESTMENT!! SHORT SALE

Last Agent to Sell the Property

Silverio Nodal

Superior R.E. Services, Inc. License #475147621 Listed on: 10/16/2013

Last Buyer's Agent

Nelly Lara

Su Familia Real Estate Inc License #471003531

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,511

Year Built

  • 1947

Parking

  • Attached Garage
  • Side Driveway
  • Garage Is Owned

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Main Floor Bedroom
  • First Floor Utility Room
  • Breakfast Bar

Utilities

  • Radiant Heating System
  • Lake Michigan Water

Additional Features

  • Patio
  • Fenced Yard

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,511

Year Built

1947

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Style Of House: Cape Cod
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1947
  • Tax Exemptions: Homeowner
  • Special Features: 12
  • Property Sub Type: Detached
  • Year Built: 1947

Interior Features

  • Interior Property Features: 1st Floor Bedroom
  • Number Of Rooms: 7
  • Living Room: Dimensions: 17X12, On Level: Main Level, Flooring: Carpet
  • Equipment: Ceiling Fan
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 12X7, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Dimensions: 19X10, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Utility Room-1st Floor
  • Master Bedroom: Dimensions: 15X14, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Utility Room-1st Floor, Dimensions: 09X09, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 19X12, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 10374
  • Dining Room Type: Separate
  • Family Room: Dimensions: 19X13, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Asphalt, Side Drive
  • Garage Ownership: Owned

Utilities

  • Electricity: 100 Amp Service
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Radiant

Schools

  • School District: 220
  • Junior High Dist: 111

Lot Info

  • Lot Dimensions: 78X133
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 19331060220000

Tax Info

  • Taxes: 3136

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2014
Closed on
Mar 25, 2015
Sold by
Landeros Abel and Landeros Marcela
Bought by
Butcher Nicholas H
Seller's Agent
Nelly Lara
Su Familia Real Estate Inc
Buyer's Agent
Stephanie Muratalla
Su Familia Real Estate Inc
List Price
$174,000
Sold Price
$174,000
Current Estimated Value
$288,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,605
Avg. Annual Appreciation
4.46%
Original Mortgage
$170,848
Outstanding Balance
$134,416
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$139,282

Purchase Details

Listed on
Oct 16, 2013
Closed on
Mar 5, 2014
Sold by
Juarez Juan M and Juarez Maricela C
Bought by
Landeros Abel and Landeros Marcela
Seller's Agent
Silverio Nodal
Superior R.E. Services, Inc.
Buyer's Agent
Nelly Lara
Su Familia Real Estate Inc
List Price
$109,999
Sold Price
$86,000
Premium/Discount to List
-$23,999
-21.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
95.65%

Purchase Details

Closed on
Dec 29, 2005
Sold by
Juarez Maricela
Bought by
Juarez Juan M and Juarez Maricela C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,586
Interest Rate
6.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2003
Sold by
Contreras Jose F and Contreras Rosaura
Bought by
Juarez Maricela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,600
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2001
Sold by
Wardean Michael
Bought by
Countreras Jose F and Juarerz Maricela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,500
Interest Rate
7.14%
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 Type Sale Price Title Company
Warranty Deed $174,000 None Available
Warranty Deed $87,000 Chicago Title Insurance Co
Interfamily Deed Transfer -- North American Title
Quit Claim Deed -- --
Warranty Deed $110,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $170,848 FHA
Previous Owner $168,000 Unknown
Previous Owner $148,586 New Conventional
Previous Owner $129,600 New Conventional
Previous Owner $116,800 Unknown
Previous Owner $104,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2015 03/25/15 Sold $174,000 0.0% $179 / Sq Ft
02/24/2015 02/24/15 Pending -- -- --
02/04/2015 02/04/15 For Sale $174,000 0.0% $179 / Sq Ft
01/21/2015 01/21/15 Pending -- -- --
12/26/2014 12/26/14 For Sale $174,000 0.0% $179 / Sq Ft
12/19/2014 12/19/14 Pending -- -- --
11/03/2014 11/03/14 Price Changed $174,000 -3.3% $179 / Sq Ft
10/01/2014 10/01/14 For Sale $179,900 +109.2% $185 / Sq Ft
03/05/2014 03/05/14 Sold $86,000 -13.0% $8 / Sq Ft
12/06/2013 12/06/13 Pending -- -- --
12/05/2013 12/05/13 Price Changed $98,888 -10.1% $10 / Sq Ft
10/16/2013 10/16/13 For Sale $109,999 -- $11 / 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 $4,511 $15,998 $7,998 $8,000
2023 $3,931 $17,855 $9,855 $8,000
2022 $3,931 $13,615 $8,559 $5,056
2021 $3,794 $13,613 $8,558 $5,055
2020 $3,742 $13,613 $8,558 $5,055
2019 $3,268 $12,550 $7,780 $4,770
2018 $3,173 $12,550 $7,780 $4,770
2017 $3,088 $12,550 $7,780 $4,770
2016 $3,118 $11,346 $6,483 $4,863
2015 $2,959 $11,346 $6,483 $4,863
2014 $2,888 $11,346 $6,483 $4,863
2013 $3,283 $13,551 $6,483 $7,068
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08468856

Midwest Real Estate Data (MRED)

APN: 19-33-106-022-0000