NOT LISTED FOR SALE

7945 Lorel Ave Burbank, IL 60459

Estimated Value: $299,000 - $412,000

3 Beds
2 Baths
2,000 Sq Ft
$180/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $340,000 $170 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,381/month

73 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • Stainless Steel Appliances
  • Vaulted Ceiling
  • Granite Countertops
  • Fenced Yard

About This Home

As of May 2023

Custom Built Split Level With 3 Bedrooms, 2 Baths, Vaulted Ceilings, a Huge 29 X 11 Main Level Florida/Rec Room and a 3 Car Attached Garage. Large Living Room With Oversize Fireplace.New Kitchen with Stainless Steel Appliances and Granite Tops.Updated Baths, Gleaming Hardwood Floors!! Drain Tile In Crawl With Concrete Floor .All of This on a 78 X 132 Lot With a Fenced Yard. Perfect "10"

Last Agent to Sell the Property

Margaret Wilk

RE/MAX 10 License #475103082 Listed on: 01/19/2023

RE/MAX 10

Last Buyer's Agent

John Ligas

Housecenter Realty,Inc. License #471011917

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,411

Year Built

  • Built in 1963

Lot Details

  • 10,376 Sq Ft Lot
  • Lot Dimensions are 78 x 132
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 3 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Space is Owned

Home Design

  • Split Level Home
  • Brick Exterior Construction

Interior Spaces

  • 2,000 Sq Ft Home
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Recreation Room
  • Storm Screens
  • Laundry Room

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Finished Basement Bathroom

Utilities

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

Community Details

  • California Split

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,411

Year Built

Built in 1963

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Split Level
  • Year Built: 1963
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Stainless Steel Appliance(s), Range Hood
  • Basement: Walkout
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Granite Counters
  • LivingArea: 2000
  • Room Type: Recreation Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Storms/Screens
  • List Price: 333900
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 111

Lot Info

  • Lot Size Acres: 0.2382
  • Lot Dimensions: 78 X 132
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 5411.22
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2023
Closed on
May 8, 2023
Sold by
Mendez-Perez Joaquin and Maris Ramirez
Bought by
Dortch Kelvin
Seller's Agent
Margaret Wilk
RE/MAX 10
Buyer's Agent
John Ligas
Housecenter Realty,Inc.
List Price
$333,900
Sold Price
$340,000
Premium/Discount to List
$6,100
1.83%
Total Days on Market
73
Views
318
Current Estimated Value
$360,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,825
Avg. Annual Appreciation
2.96%
Original Mortgage
$323,000
Outstanding Balance
$315,722
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$45,103

Purchase Details

Listed on
Jul 31, 2018
Closed on
Aug 31, 2018
Sold by
Marr Donald and Marr Mario
Bought by
Ramirez Perez Joaquin F Mendez and Ramirez De Mendez Maria
Seller's Agent
Dave Manson
RE/MAX 10
Buyer's Agent
Jose Gonzalez
RE/MAX 10
List Price
$235,000
Sold Price
$220,000
Premium/Discount to List
-$15,000
-6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.70%

Purchase Details

Closed on
May 18, 2018
Sold by
Marr Pamela
Bought by
Marr Paul and Marr Donald

Purchase Details

Closed on
Oct 2, 2002
Sold by
Marr Paul
Bought by
Paul E Marr Revocable Trust
Source: Public Records

Range of Values:

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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
Dortch Kelvin $340,000 Chicago Title
Ramirez Perez Joaquin F Mendez $220,000 Fidelity National Title
Marr Paul -- None Available
Paul E Marr Revocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dortch Kelvin $323,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2023 05/19/23 Sold $340,000 +1.8% $170 / Sq Ft
04/03/2023 04/03/23 Pending -- -- --
03/31/2023 03/31/23 Price Changed $333,900 0.0% $167 / Sq Ft
03/31/2023 03/31/23 For Sale $333,900 -3.2% $167 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
01/19/2023 01/19/23 For Sale $344,900 +56.8% $172 / Sq Ft
09/07/2018 09/07/18 Sold $220,000 -6.4% $110 / Sq Ft
08/19/2018 08/19/18 Pending -- -- --
07/31/2018 07/31/18 For Sale $235,000 -- $118 / 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 $5,593 $24,000 $9,855 $14,145
2023 $5,593 $24,000 $9,855 $14,145
2022 $5,593 $20,661 $8,559 $12,102
2021 $5,411 $20,659 $8,558 $12,101
2020 $5,367 $20,659 $8,558 $12,101
2019 $6,997 $19,529 $7,780 $11,749
2018 $4,645 $19,529 $7,780 $11,749
2017 $4,528 $19,529 $7,780 $11,749
2016 $1,986 $18,213 $6,483 $11,730
2015 $2,008 $18,213 $6,483 $11,730
2014 $1,907 $18,213 $6,483 $11,730
2013 $1,784 $19,736 $6,483 $13,253
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11702677

Midwest Real Estate Data (MRED)

APN: 19-33-107-010-0000