NOT LISTED FOR SALE

8245 Lorel Ave Burbank, IL 60459

Estimated Value: $331,000 - $384,000

4 Beds
2 Baths
2,442 Sq Ft
$148/Sq Ft Est. Value

Last Sold November 01, 2022

Last sale price $280,000 $115 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,609/month

16 Days on Market

Highlights

  • 2 Car Detached Garage
  • Laundry Room
  • Family Room
  • Living Room
  • Dining Room

About This Home

As of November 2022

Beautiful home located in Burbank IL. The home has a total of 4 bedroom and 2 bathrooms. There is hardwood flooring throughout the 1st floor and carpet in the bedrooms. The home also features a wide drive-way and a spacious back yard, perfect for entertainment.

Last Agent to Sell the Property

Andres Olaez

Keller Williams ONEChicago License #475180182 Listed on: 08/29/2022

Keller Williams ONEChicago

Last Buyer's Agent

Lana Hickey

@properties Christie's International Real Estate License #475201272

@properties Christie's International Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,667

Year Built

  • Built in 1949

Lot Details

  • Lot Dimensions are 130x25

Parking

  • 2 Car Detached Garage
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • 2,442 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

  • No Cooling
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,667

Year Built

Built in 1949

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: 1949
  • 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
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • AttributionContact: (312) 626-4693
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 2442
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 2442
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 283900
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 111

Lot Info

  • Lot Dimensions: 130X25
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 8666.56
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2022
Closed on
Oct 31, 2022
Sold by
James R Higgins Trust and Cheryl A Higgins Trust
Bought by
Seabolt Mark and Velazquez Jessica
Seller's Agent
Andres Olaez
Keller Williams ONEChicago
Buyer's Agent
Lana Hickey
@properties Christie's International Real Estate
List Price
$283,900
Sold Price
$280,000
Premium/Discount to List
-$3,900
-1.37%
Views
80
Current Estimated Value
$360,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,520
Avg. Annual Appreciation
9.04%
Original Mortgage
$280,000
Outstanding Balance
$270,146
Interest Rate
6.25%
Mortgage Type
VA
Estimated Equity
$90,374

Purchase Details

Closed on
Sep 2, 2020
Sold by
Higgins James R and Higgins Cheryl A
Bought by
Higgins James R and Higgins Cheryl A

Purchase Details

Closed on
Dec 12, 2003
Sold by
Zaker Frank and Zaker Valerie
Bought by
Higgins James R and Higgins Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,600
Interest Rate
5.91%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Seabolt Mark $280,000 Lakeland Title Services
Higgins James R -- Attorney
Higgins James R $212,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seabolt Mark $280,000
Previous Owner Higgins James R $169,600
Closed Higgins James R $21,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2022 11/01/22 Sold $280,000 -1.4% $115 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
08/29/2022 08/29/22 For Sale $283,900 -- $116 / 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 $8,377 $27,000 $9,855 $17,145
2023 $7,509 $27,000 $9,855 $17,145
2022 $7,509 $27,448 $8,559 $18,889
2021 $8,899 $27,447 $8,558 $18,889
2020 $8,667 $27,447 $8,558 $18,889
2019 $7,333 $23,897 $7,780 $16,117
2018 $7,122 $23,897 $7,780 $16,117
2017 $8,006 $27,162 $7,780 $19,382
2016 $7,101 $22,652 $6,483 $16,169
2015 $6,794 $22,652 $6,483 $16,169
2014 $6,608 $22,652 $6,483 $16,169
2013 $7,665 $28,128 $6,483 $21,645
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11611429

Midwest Real Estate Data (MRED)

APN: 19-33-111-011-0000