8049 Lorel Ave Burbank, IL 60459
Estimated Value: $262,000 - $310,698
3
Beds
1
Bath
1,152
Sq Ft
$252/Sq Ft
Est. Value
About This Home
This home is located at 8049 Lorel Ave, Burbank, IL 60459 and is currently estimated at $289,925, approximately $251 per square foot. 8049 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
Aug 4, 2016
Sold by
Layman Martin R and Gimbel Rita
Bought by
Serrano Johnny A and Serrano Blanco E
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,644
Outstanding Balance
$129,589
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$160,336
Purchase Details
Closed on
Jul 17, 2009
Sold by
Layman Stanley
Bought by
Layman Stanley and Layman Family Trust
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Serrano Johnny A | $179,000 | Attorney | |
| Layman Stanley | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Serrano Johnny A | $163,644 |
Source: Public Records
Tax History Compared to Growth
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 | $6,108 | $23,000 | $9,855 | $13,145 |
| 2023 | $5,339 | $23,000 | $9,855 | $13,145 |
| 2022 | $5,339 | $17,267 | $8,559 | $8,708 |
| 2021 | $5,142 | $17,266 | $8,558 | $8,708 |
| 2020 | $5,042 | $17,266 | $8,558 | $8,708 |
| 2019 | $5,027 | $17,461 | $7,780 | $9,681 |
| 2018 | $4,882 | $17,461 | $7,780 | $9,681 |
| 2017 | $4,741 | $17,461 | $7,780 | $9,681 |
| 2016 | $5,323 | $15,107 | $6,483 | $8,624 |
| 2015 | $5,125 | $15,107 | $6,483 | $8,624 |
| 2014 | $3,522 | $15,107 | $6,483 | $8,624 |
| 2013 | $4,641 | $18,070 | $6,483 | $11,587 |
Source: Public Records
Map
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