NOT LISTED FOR SALE

8050 S Lockwood Ave Burbank, IL 60459

Estimated Value: $263,000 - $366,000

4 Beds
2 Baths
1,500 Sq Ft
$214/Sq Ft Est. Value

Last Sold March 15, 2019

Last sale price $243,000 $162 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,162/month

12 Days on Market

Highlights

  • Ranch Style House
  • Fenced Yard
  • Property is near a bus stop
  • Stainless Steel Appliances
  • Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of March 2019

Forget climbing stairs - enjoy living all on one level with this elegant rehabbed 4 bedroom ranch home.This home feels like a brand new construction.New Modern kitchen with white cabinets and granite counters.All stainless steel kitchen appliances.New baths,windows,electric,plumbing and much more.Extra wide driveway with oversized 2+ car garage and huge lot.Perfect"10"

Last Agent to Sell the Property

Margaret Wilk

RE/MAX 10 License #475103082 Listed on: 02/18/2019

RE/MAX 10

Last Buyer's Agent

Margaret Wilk

RE/MAX 10 License #475103082 Listed on: 02/18/2019

RE/MAX 10

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,951

Year Renovated

  • 2019

Lot Details

  • 10,019

Parking

  • Detached Garage
  • Garage Door Opener
  • Side Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • Electric Fireplace
  • Laminate Flooring
  • Laundry on main level

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Utilities

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

Additional Features

  • Fenced Yard
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,951

Year Renovated

2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus
  • Recent Rehab: Yes
  • Disability Access: Yes
  • Disability Access Details: 2+ Access Exits J, 32 inch or more wide doors, 36 inch or more wide halls, Main Level Entry, No Interior Steps
  • Age: Unknown
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Rehab Year: 2019
  • Total Full or Half Bathrooms: 2
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: U
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Interior Property Features: Wood Laminate Floors, 1st Floor Bedroom, 1st Floor Laundry
  • Number Of Rooms: 8
  • Living Room: Dimensions: 24X11, On Level: Main Level
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, All Stainless Steel Kitchen Appliances
  • Fireplace Details: Electric
  • Fireplace Location: Family Room
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 5X9, On Level: Main Level
  • Dining Room: Dimensions: 14X10, On Level: Main Level
  • Kitchen Type: Dimensions: 15X12, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X17, On Level: Main Level
  • Bedroom 2: Dimensions: 13X12, On Level: Main Level
  • Bedroom 3: Dimensions: 10X11, On Level: Main Level
  • Bedroom 4: Dimensions: 12X11, On Level: Main Level
  • Estimated Sq Ft: 1500
  • Family Room: Dimensions: 20X12, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Frame
  • Acreage: 0.2382

Garage/Parking

  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Driveway: Concrete, Side Drive
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan, Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 220
  • Junior High Dist: 111

Lot Info

  • Lot Dimensions: 78X132
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 19331070310000

Tax Info

  • Taxes: 4095.86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2019
Closed on
Mar 15, 2019
Sold by
Chris Kwak Construction Company
Bought by
Vargas Saul and Vargas Rosa
Seller's Agent
Margaret Wilk
RE/MAX 10
Buyer's Agent
Margaret Wilk
RE/MAX 10
List Price
$259,900
Sold Price
$243,000
Premium/Discount to List
-$16,900
-6.5%
Current Estimated Value
$321,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,569
Avg. Annual Appreciation
3.73%

Purchase Details

Closed on
Aug 21, 2018
Sold by
Kennelly Thomas and Kennelly Tina
Bought by
Chris Kwak Construction Company

Purchase Details

Closed on
Jan 10, 2012
Sold by
Kennelly Thomas and Kennelly Tina
Bought by
Kennelly Thomas and Kennelly Tina

Purchase Details

Closed on
Aug 31, 1994
Sold by
Decaro Vincent and Decaro Karen
Bought by
Kennelly Thomas and Kennelly Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,655
Interest Rate
8.65%
Mortgage Type
FHA
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
Vargas Saul $243,000 Fidelity National Title
Chris Kwak Construction Company $80,000 Greater Illinois Title
Kennelly Thomas -- None Available
Kennelly Thomas $122,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kennelly Thomas $116,500
Previous Owner Kennelly Thomas $28,400
Previous Owner Kennelly Thomas $115,000
Previous Owner Kennelly Thomas $13,000
Previous Owner Kennelly Thomas $120,655
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2019 03/15/19 Sold $243,000 -6.5% $162 / Sq Ft
03/02/2019 03/02/19 Pending -- -- --
02/18/2019 02/18/19 For Sale $259,900 -- $173 / 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 $4,951 $19,271 $9,855 $9,416
2023 $6,132 $19,271 $9,855 $9,416
2022 $6,132 $15,903 $8,559 $7,344
2021 $5,868 $15,902 $8,558 $7,344
2020 $5,661 $15,902 $8,558 $7,344
2019 $5,998 $16,741 $7,780 $8,961
2018 $4,631 $16,741 $7,780 $8,961
2017 $4,498 $16,741 $7,780 $8,961
2016 $4,096 $14,122 $6,483 $7,639
2015 $3,901 $14,122 $6,483 $7,639
2014 $3,801 $14,122 $6,483 $7,639
2013 $4,305 $16,950 $6,483 $10,467
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10275499

Midwest Real Estate Data (MRED)

APN: 19-33-107-031-0000