NOT LISTED FOR SALE

8048 Lockwood Ave Burbank, IL 60459

Estimated Value: $305,000 - $345,862

5 Beds
2 Baths
2,063 Sq Ft
$157/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $255,000 $124 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,316/month

6 Days on Market

Highlights

  • Main Floor Bedroom
  • 2 Car Detached Garage
  • Patio
  • Formal Dining Room
  • Walk-In Closet
  • Living Room

About This Home

As of May 2023

True 5 bedroom home or use 1 room as an office or small family room? Large eat in kitchen with huge area for table space and large family gatherings! Main floor is 3 bedrooms and 2 full bathrooms including a master bedroom with it's own private bathroom! Updated cabinets in the kitchen and flooring as well as updated floor in the living room and master bedroom. 2 large bedrooms upstairs both with huge walk in closets! 2 car detached garage with extra large driveway and side lot. Good size back yard with concrete patio and shed. Roof 6 years, 2 furnaces 1 is 6 years 1 is 11 years old, Kitchen Cabinets, countertops and floor were updated about 8 years ago. Some cosmetic updates and this is a great family home! Price accordingly to the cosmetic work needed. Great potential for lots of equity!! Solid house large yard and large family home!

Last Agent to Sell the Property

Laura Bugos-Komperda

eXp Realty License #475152649 Listed on: 02/18/2023

eXp Realty

Last Buyer's Agent

Alberto Avila

RE/MAX 10 License #475134051

RE/MAX 10

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,246

Year Built

  • Built in 1950

Lot Details

  • 10,376 Sq Ft Lot
  • Lot Dimensions are 77 x 135

Parking

  • 2 Car Detached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,063 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Formal Dining Room
  • Laminate Flooring
  • Crawl Space

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Patio
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service

Community Details

  • 2 Story

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,246

Year Built

Built in 1950

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: 1950
  • Age: 71-80 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
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Interior Amenities: Wood Laminate Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Walk-In Closet(s)
  • LivingArea: 2063
  • Room Type: Bedroom 5
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 249900
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 111

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2382
  • Lot Dimensions: 77 X 135
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 5246
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2023
Closed on
Apr 5, 2023
Sold by
Robinson Eileen M
Bought by
Akram Ijaz Mohammad
Seller's Agent
Laura Bugos-Komperda
eXp Realty
Buyer's Agent
Alberto Avila
RE/MAX 10
List Price
$249,900
Sold Price
$255,000
Premium/Discount to List
$5,100
2.04%
Views
258
Current Estimated Value
$331,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,565
Avg. Annual Appreciation
11.98%

Purchase Details

Listed on
Mar 28, 2014
Closed on
Jul 21, 2014
Sold by
Young Bruce R and Young Hortencia S
Bought by
Robinson Craig A and Robinson Eileen M
Seller's Agent
Eleftheria Latka
Delta Realty, Corp.
Buyer's Agent
Don Seger
Real People Realty
List Price
$164,900
Sold Price
$157,500
Premium/Discount to List
-$7,400
-4.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.65%
Original Mortgage
$126,000
Interest Rate
4.42%
Mortgage Type
New Conventional
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
Akram Ijaz Mohammad $255,000 Fidelity National Title
Robinson Craig A $157,500 Pntn Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Robinson Craig A $126,000
Previous Owner Young Bruce R $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Sold $255,000 +2.0% $124 / Sq Ft
02/25/2023 02/25/23 Pending -- -- --
02/18/2023 02/18/23 For Sale $249,900 +58.7% $121 / Sq Ft
07/25/2014 07/25/14 Sold $157,500 -4.5% $76 / Sq Ft
04/28/2014 04/28/14 Pending -- -- --
03/28/2014 03/28/14 For Sale $164,900 -- $80 / 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 $6,010 $26,000 $9,855 $16,145
2023 $5,413 $26,000 $9,855 $16,145
2022 $5,413 $20,878 $8,559 $12,319
2021 $5,246 $20,877 $8,558 $12,319
2020 $7,432 $20,877 $8,558 $12,319
2019 $4,707 $19,996 $7,780 $12,216
2018 $4,569 $19,996 $7,780 $12,216
2017 $4,458 $19,996 $7,780 $12,216
2016 $4,352 $16,633 $6,483 $10,150
2015 $5,222 $19,892 $6,483 $13,409
2014 $6,488 $22,286 $6,483 $15,803
2013 $6,653 $24,761 $6,483 $18,278
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11721806

Midwest Real Estate Data (MRED)

APN: 19-33-107-030-0000