8242 Lorel Ave Burbank, IL 60459
Estimated Value: $407,000 - $486,000
3
Beds
3
Baths
1,850
Sq Ft
$246/Sq Ft
Est. Value
About This Home
This home is located at 8242 Lorel Ave, Burbank, IL 60459 and is currently estimated at $454,264, approximately $245 per square foot. 8242 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
Dec 8, 2006
Sold by
Marquette Bank
Bought by
Valencia Sergio and Valencia Alicia
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
$417,000
Outstanding Balance
$249,592
Interest Rate
6.33%
Mortgage Type
Seller Take Back
Estimated Equity
$204,672
Purchase Details
Closed on
Mar 27, 2006
Sold by
Us Bank Na
Bought by
Marquette National Bank and Trust #17794
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
7.75%
Mortgage Type
Unknown
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Valencia Sergio | $441,000 | Cti | |
Marquette National Bank | $240,000 | Cti |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Valencia Sergio | $417,000 | |
Previous Owner | Marquette National Bank | $192,000 |
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 | $9,784 | $34,847 | $6,542 | $28,305 |
2023 | $8,384 | $34,847 | $6,542 | $28,305 |
2022 | $8,384 | $25,162 | $5,681 | $19,481 |
2021 | $8,056 | $25,161 | $5,680 | $19,481 |
2020 | $7,853 | $25,161 | $5,680 | $19,481 |
2019 | $8,065 | $25,940 | $5,164 | $20,776 |
2018 | $9,047 | $29,425 | $5,164 | $24,261 |
2017 | $8,767 | $29,425 | $5,164 | $24,261 |
2016 | $7,011 | $22,395 | $4,303 | $18,092 |
2015 | $6,707 | $22,395 | $4,303 | $18,092 |
2014 | $6,523 | $22,395 | $4,303 | $18,092 |
2013 | $7,454 | $27,425 | $4,303 | $23,122 |
Source: Public Records
Map
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