NOT LISTED FOR SALE

8059 Lorel Ave Burbank, IL 60459

Estimated Value: $241,822 - $274,000

3 Beds
1 Bath
1,314 Sq Ft
$196/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $169,000 $129 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,804/month

71 Days on Market

Highlights

  • Main Floor Bedroom
  • Detached Garage
  • Patio
  • Fenced Yard
  • Breakfast Bar
  • Bathroom on Main Level

About This Home

As of October 2020

STOP L@@KING THIS IS IT! GREAT STARTER HOME FOR FIRST TIME BUYER! BEAUTIFUL CORNER RANCH HOME ON OVERSIZED LOT! LOVELY LIVING ROOM WITH VERTICALS, CUSTOM COLORS & WOODWORK THRU-OUT! FULL BATHROOM! 3 NICE SIZE BEDROOMS WITH CLOSETS (3RD BEDROOM CAN BE OPTIONAL FAMILY ROOM)! LAUNDRY ROOM WITH UTILITY SINK & WASHER/DRYER! COZY KITCHEN WITH LOTS OF CABINETS, PANTRY & TABLE SPACE! FULL ATTIC FOR STORAGE! RELAXING & ENTERTAINING HUGE FENCED YARD WITH PATIO! 2 CAR GARAGE WITH ELECTRIC OPENER AND CUSTOM ROLL DOWN SCREEN! NEW WASHER, NEW HOT WATER HEATER & MORE! CLOSE TO TRANSPORTATION, SHOPPING, SCHOOLS AND RESTAURANTS!

Last Agent to Sell the Property

Pamela Walsh

Chicagoland Brokers, Inc License #475130025 Listed on: 07/17/2020

Chicagoland Brokers, Inc

Last Buyer's Agent

Carlos Matos

Core Realty & Investments Inc. License #475169306

Core Realty & Investments Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,487

Year Built

  • 1942

Lot Details

  • 10,019

Parking

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

Home Design

  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

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

Additional Features

  • Crawl Space
  • Patio
  • Fenced Yard
  • Property is near a bus stop

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • $4,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,487

Year Built

1942

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus
  • Age: 71-80 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Type Detached: 1 Story
  • Estimated Year Built: 1942
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1942

Interior Features

  • Interior Property Features: 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 5
  • Living Room: Dimensions: 15X23, On Level: Main Level, Flooring: Vinyl, Windows: Blinds
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: CO Detectors, Ceiling Fan
  • Attic: Full
  • Basement: Crawl
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 6X6, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Kitchen Type: Dimensions: 14X12, On Level: Main Level, Flooring: Vinyl, Windows: Blinds
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 16X19, On Level: Main Level, Flooring: Vinyl
  • Bedroom 2: Dimensions: 16X10, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 11X27, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1314

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Storms/Screens
  • Acreage: 0.2382

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete, Off Alley
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 220
  • Junior High Dist: 111

Lot Info

  • Lot Dimensions: 10374
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 19331070180000

Tax Info

  • Taxes: 3227.23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Oct 26, 2020
Sold by
Ordonez Jose N and Ordonez Cheryl
Bought by
Alvarez Alverto
Seller's Agent
Pamela Walsh
Chicagoland Brokers, Inc
Buyer's Agent
Carlos Matos
Core Realty & Investments Inc.
List Price
$189,900
Sold Price
$169,000
Premium/Discount to List
-$20,900
-11.01%
Total Days on Market
71
Current Estimated Value
$253,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,810
Avg. Annual Appreciation
9.52%
Original Mortgage
$6,000
Interest Rate
2.8%
Mortgage Type
Second Mortgage Made To Cover Down Payment

Purchase Details

Closed on
Aug 9, 2006
Sold by
Ordonez Joe N and Huser Joan T
Bought by
Ordonez Joe N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
9%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 26, 1998
Sold by
Ordonez Joe N
Bought by
Ordonez Joe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,572
Interest Rate
6.93%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 7, 1998
Sold by
Ordonez Joe N and Sheenan Patrice M
Bought by
Ordonez Joe N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,572
Interest Rate
6.93%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 15, 1995
Sold by
Merrion Stephen J and Merrion Valerie P
Bought by
Ordonez Joe N and Sheehan Patrice M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
7.81%
Source: Public Records

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Range of Values:

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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
Alvarez Alverto $169,000 Citywide Title Corporation
Ordonez Joe N -- Netco
Ordonez Joe -- --
Ordonez Joe N -- Ticor Title
Ordonez Joe N $117,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alvarez Alverto $6,000
Previous Owner Alvarez Alverto $165,938
Previous Owner Ordonez Joe N $150,000
Previous Owner Ordonez Joe N $113,572
Previous Owner Ordonez Joe N $113,572
Previous Owner Ordonez Joe N $111,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $169,000 0.0% $129 / Sq Ft
09/26/2020 09/26/20 Pending -- -- --
09/11/2020 09/11/20 Off Market $169,000 -- --
09/02/2020 09/02/20 Pending -- -- --
08/31/2020 08/31/20 Price Changed $170,000 -10.5% $129 / Sq Ft
08/26/2020 08/26/20 For Sale $189,900 0.0% $145 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $189,900 0.0% $145 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
07/31/2020 07/31/20 Price Changed $189,900 -2.6% $145 / Sq Ft
07/17/2020 07/17/20 For Sale $194,900 -- $148 / 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 $5,487 $21,000 $9,855 $11,145
2023 $5,033 $21,000 $9,855 $11,145
2022 $5,033 $16,473 $8,559 $7,914
2021 $6,078 $16,472 $8,558 $7,914
2020 $3,876 $16,472 $8,558 $7,914
2019 $3,326 $15,455 $7,780 $7,675
2018 $3,227 $15,455 $7,780 $7,675
2017 $3,157 $15,455 $7,780 $7,675
2016 $2,642 $11,778 $6,483 $5,295
2015 $2,470 $11,778 $6,483 $5,295
2014 $3,875 $11,778 $6,483 $5,295
2013 $3,078 $14,748 $6,483 $8,265
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10786354

Midwest Real Estate Data (MRED)

APN: 19-33-107-018-0000