NOT LISTED FOR SALE

8000 Lorel Ave Burbank, IL 60459

Estimated Value: $513,000 - $561,000

4 Beds
2.5 Baths
2,752 Sq Ft
$195/Sq Ft Est. Value

Last Sold August 18, 2023

Last sale price $490,000 $178 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,940/month

4 Days on Market

Highlights

  • Wood Flooring
  • Laundry Room
  • Combination Dining and Living Room
  • 2 Car Attached Garage
  • Central Air
  • Heating System Uses Natural Gas

About This Home

As of August 2023

Welcome to this Gorgeous traditional Brick Home! It is an oversized 2-story property that offers 4 bedrooms and 2.5 bathrooms! As you step into this spectacular home, you are greeted with a light filled foyer with a beautiful staircase. The main level features a formal living room & dining room combo, a half bathroom for convenience, an amazing kitchen with granite countertops & stainless-steel appliances, and a family room area! The second floor boasts 3 great sized bedrooms, a full bathroom, and the 4th Primary bedroom with its very own walk-in closet, full bathroom & Balcony! The basement is ready for your ideas and offers the washer and dryer combo, & a NEW furnace! Walk outside and enjoy the amazing deck that leads to the huge backyard! This is a dream home and it's ready for its new owners! Conveniently located near schools, shopping, transportation and parks! Schedule your showing today! MULTIPLE OFFERS received, Highest & Best due By today 07/17 @5pm!

Last Agent to Sell the Property

Jose Aguilar

Realty of America, LLC License #475172693 Listed on: 07/13/2023

Realty of America, LLC

Last Buyer's Agent

Mohammad Abdelrasoul

HomeSmart Realty Group License #475173074

HomeSmart Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,069

Year Built

  • Built in 2005

Lot Details

  • Lot Dimensions are 52 x 132

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,752 Sq Ft Home
  • 2-Story Property
  • Electric Fireplace
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,069

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 2005
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): No
  • Rebuilt Year: 2010
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Electric
  • Fireplaces: 1
  • LivingArea: 2752
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Electric
  • Laundry Features: Common Area
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 52 X 132
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 9068.91
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2023
Closed on
Aug 11, 2023
Sold by
Guerrero Hugo and Guerrero Afra
Bought by
Saleh Abdulaziz and Saleh Mohamed Abdulaziz
Seller's Agent
Jose Aguilar
Realty of America, LLC
Buyer's Agent
Mohammad Abdelrasoul
HomeSmart Realty Group
List Price
$474,999
Sold Price
$490,000
Premium/Discount to List
$15,001
3.16%
Views
169
Current Estimated Value
$537,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,655
Avg. Annual Appreciation
4.06%
Original Mortgage
$465,500
Interest Rate
7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 7, 2021
Closed on
Nov 8, 2021
Sold by
Zuniga Daniel F and Palacios Gloria
Bought by
Guerrero Hugo and Duran Afra D
Seller's Agent
Janet Vilchez
EXIT Strategy Realty
Buyer's Agent
Jose Aguilar
Realty of America, LLC
List Price
$455,000
Sold Price
$455,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.43%
Original Mortgage
$364,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2019
Sold by
Palacios Daniel F and Zuniga Lourdes
Bought by
Zuniga Daniel F and Palacios Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,861
Interest Rate
4%
Mortgage Type
FHA

Purchase Details

Closed on
May 18, 2017
Sold by
Landeros Abel and Landeros Marcela
Bought by
Palacios Daniel F and Palacios Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,344
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 13, 2009
Sold by
Hsbc Bank Usa National Association
Bought by
Landeros Abel and Landeros Marcela

Purchase Details

Closed on
Oct 8, 2009
Sold by
John Portalatin Johnny and John Potalatin
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Dec 28, 2006
Sold by
Founders Bank
Bought by
Portalatin John and Bosque Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
6.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2005
Sold by
Jaraczewski Jeffrey A
Bought by
Founders Bank and Trust #6413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 1994
Sold by
Jaraczewski Jeffrey A and Jaraczewski Florian J
Bought by
Jaraczewski Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,500
Interest Rate
7.26%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Saleh Abdulaziz $490,000 Citywide Title
Guerrero Hugo $455,000 Citywide Title Corporation
Zuniga Daniel F -- Timios Inc
Palacios Daniel F $352,000 Attorney
Landeros Abel $280,000 First American Title
Hsbc Bank Usa National Association -- None Available
Portalatin John $485,000 Cti
Founders Bank $210,000 --
Jaraczewski Jeffrey A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saleh Abdulaziz $465,500
Previous Owner Guerrero Hugo $364,000
Previous Owner Zuniga Daniel F $315,861
Previous Owner Palacios Daniel F $322,344
Previous Owner Portalatin John $388,000
Previous Owner Founders Bank $168,000
Previous Owner Jaraczewski Jeffrey A $45,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2023 08/18/23 Sold $490,000 +3.2% $178 / Sq Ft
07/18/2023 07/18/23 Pending -- -- --
07/13/2023 07/13/23 For Sale $474,999 +4.4% $173 / Sq Ft
12/03/2021 12/03/21 Sold $455,000 0.0% $165 / Sq Ft View Prior Sale
10/09/2021 10/09/21 Pending -- -- --
10/07/2021 10/07/21 For Sale $455,000 -- $165 / 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 $13,342 $42,272 $6,562 $35,710
2023 $9,478 $43,000 $6,562 $36,438
2022 $9,478 $24,577 $5,698 $18,879
2021 $9,069 $24,577 $5,698 $18,879
2020 $8,749 $24,577 $5,698 $18,879
2019 $11,351 $31,682 $5,180 $26,502
2018 $11,028 $31,682 $5,180 $26,502
2017 $12,101 $35,954 $5,180 $30,774
2016 $9,724 $27,598 $4,316 $23,282
2015 $8,472 $27,598 $4,316 $23,282
2014 $9,300 $30,834 $4,316 $26,518
2013 $7,845 $28,726 $4,316 $24,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11830489

Midwest Real Estate Data (MRED)

APN: 19-33-106-039-0000