NOT LISTED FOR SALE

7940 Lorel Ave Burbank, IL 60459

Estimated Value: $387,000 - $433,000

3 Beds
3 Baths
1,586 Sq Ft
$259/Sq Ft Est. Value

About This Home

This home is located at 7940 Lorel Ave, Burbank, IL 60459 and is currently estimated at $410,109, approximately $258 per square foot. 7940 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
Sep 13, 2023
Sold by
Dang Lam and Thi-Le Cam
Bought by
Lam Dang And Cam Thi-Le Family Trust
Current Estimated Value
$410,109

Purchase Details

Closed on
Oct 25, 1999
Sold by
Kwak Jozek and Kwak Helena
Bought by
Dang Lam and Le Cam Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,400
Interest Rate
7.72%
Mortgage Type
Stand Alone First
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.

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ICE

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First American

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Quantarium

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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
Lam Dang And Cam Thi-Le Family Trust -- None Listed On Document
Dang Lam $233,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dang Lam $186,400
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
2025 $8,590 $31,000 $9,855 $21,145
2024 $8,590 $31,000 $9,855 $21,145
2023 $8,114 $31,000 $9,855 $21,145
2022 $8,114 $24,462 $8,559 $15,903
2021 $7,797 $24,461 $8,558 $15,903
2020 $7,604 $24,461 $8,558 $15,903
2019 $7,717 $24,967 $7,780 $17,187
2018 $7,495 $24,967 $7,780 $17,187
2017 $7,666 $26,151 $7,780 $18,371
2016 $5,651 $18,536 $6,483 $12,053
2015 $5,398 $18,536 $6,483 $12,053
2014 $6,132 $21,206 $6,483 $14,723
2013 $6,544 $24,398 $6,483 $17,915
Source: Public Records

Map

Illinois Cook County Burbank 60459

7940 Lorel Ave, Burbank, IL

Not Listed for Sale

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