NOT LISTED FOR SALE

8024 Lotus Ave Burbank, IL 60459

Estimated Value: $273,000 - $316,000

3 Beds
2 Baths
1,492 Sq Ft
$202/Sq Ft Est. Value

Last Sold January 11, 2022

Last sale price $210,000 $141 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,140/month

103 Days on Market

Highlights

  • Living Room with Fireplace
  • 1-Story Property
  • Senior Tax Exemptions
  • Attached Garage

About This Home

As of January 2022

Investor opportunity! So much potential give the size and the layout! 3 Bedroom, 2 Bathroom ranch! Offers plenty of size and a great layout! Eat in Kitchen! Dining room & family room are open to each other! 2 car attached garage! Good sized yard that is mostly fenced-in and features a wood deck! There is a great chance to have some sweat equity in this home!

Last Agent to Sell the Property

Michael Glenn

Village Realty, Inc. License #475154621 Listed on: 08/20/2021

Village Realty, Inc.

Last Buyer's Agent

Felix Marquez

xr realty License #475181832

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,516

Year Built

  • 1959

Lot Details

  • 10,019

Parking

  • Attached Garage
  • Driveway
  • Parking Included in Price

Interior Spaces

  • 1,492 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,516

Year Built

1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Directions: From 79th Street, Head South on Lotus, Home on the Right
  • Lot Size: 0.238
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1959

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 1492
  • Assessed Sq Ft: 1492
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1492
  • Fireplace Location: Living Room
  • Total Sq Ft: 1492
  • Main Level Sq Ft: 1492
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Dining Room Type: No additional rooms

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Deck
  • Exterior Building Type: Vinyl Siding,Brick
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 220

Lot Info

  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Exemptions: Homeowner,Senior
  • Tax Annual Amount: 2909.39
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Feb 25, 2022
Sold by
Roach Michael J and The Patricia E Roach Family Trust
Bought by
Flores Rafael Gonzalez
Seller's Agent
Michael Glenn
Village Realty, Inc.
Buyer's Agent
Felix Marquez
xr realty
Sold Price
$210,000
Current Estimated Value
$302,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,040
Avg. Annual Appreciation
10.09%
Original Mortgage
$199,500
Interest Rate
3.38%

Purchase Details

Listed on
Aug 20, 2021
Closed on
Jan 4, 2022
Sold by
Roach Michael J and The Patricia E Roach Family Trust
Bought by
Flores Rafael Gonzalez
Seller's Agent
Michael Glenn
Village Realty, Inc.
Buyer's Agent
Felix Marquez
xr realty
Sold Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
3.38%

Purchase Details

Closed on
Jun 30, 2020
Sold by
Roach Patricia E
Bought by
Roach Patricia E and Patricia E Roach Family Trust
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 Buyer Sale Price Title Company
Flores Rafael Gonzalez $210,000 --
Flores Rafael Gonzalez $210,000 --
Roach Patricia E -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Flores Rafael Gonzalez $199,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/11/2022 01/11/22 Sold $210,000 0.0% $141 / Sq Ft
12/02/2021 12/02/21 Pending -- -- --
11/24/2021 11/24/21 For Sale -- -- --
11/20/2021 11/20/21 Off Market $210,000 -- --
11/15/2021 11/15/21 Pending -- -- --
10/29/2021 10/29/21 For Sale -- -- --
10/22/2021 10/22/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $229,900 -- $154 / 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 $6,516 $21,000 $9,855 $11,145
2023 $5,005 $21,000 $9,855 $11,145
2022 $5,005 $19,136 $8,559 $10,577
2021 $4,849 $19,134 $8,558 $10,576
2020 $4,824 $19,134 $8,558 $10,576
2019 $5,290 $20,937 $7,780 $13,157
2018 $5,135 $20,937 $7,780 $13,157
2017 $5,002 $20,937 $7,780 $13,157
2016 $4,384 $16,724 $6,483 $10,241
2015 $4,148 $16,724 $6,483 $10,241
2014 $4,054 $16,724 $6,483 $10,241
2013 $3,733 $16,927 $6,483 $10,444
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11195787

Midwest Real Estate Data (MRED)

APN: 19-33-116-026-0000