NOT LISTED FOR SALE

8258 Lorel Ave Burbank, IL 60459

Estimated Value: $614,000 - $734,000

4 Beds
4.5 Baths
5,150 Sq Ft
$132/Sq Ft Est. Value

Last Sold June 03, 2021

Last sale price $500,000 $97 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,805/month

2 Days on Market

Highlights

  • Sauna
  • Open Floorplan
  • Vaulted Ceiling
  • Heated Floors
  • Living Room with Fireplace
  • Whirlpool Bathtub

About This Home

As of June 2021

Find the perfect combination of elegance and comfort in this massive (5000sft+) contemporary home. Marble floor entrance, luxurious oak 2-way staircase. 42" cherry cabinets, SS appliances including double oven and 36" range, massive island, and loads of counter space make it perfect for the ambitious cook. Hardwood flooring covers the entire 1st and 2nd floor. Living room features wood-burning fireplace and wet bar. Office with built in bookshelves and opaque-glass french doors. Master bedroom features his-and-her walk in closets. Master bath features double vanity, limestone flooring, seperate jacuzzi and standing shower. Remaining 2nd floor bedrooms each have their own bathroom (incl. Jack and Jill). Very large walk in closets with built in shelving. Lower level features 9ft ceilings, an additional fireplace, marble-tiled bathroom with STEAM SAUNA, heated floors, a home theatre with in-ceiling surround speaker setup, bar area, and two additional bedrooms. High ceiling 3 car garage and large fenced backyard. Move right in with your family or grow in this home.

Last Agent to Sell the Property

Filip Variciuc

Mihaila Realty LTD License #471020939 Listed on: 04/30/2021

Last Buyer's Agent

Rima Muthana

Rima Realty LLC License #471018835

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,086

Year Built

  • Built in 2009

Lot Details

  • 0.25 Acre Lot
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 3 Car Attached Garage
  • Garage ceiling height seven feet or more
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,150 Sq Ft Home
  • Multi-Level Property
  • Open Floorplan
  • Wet Bar
  • Historic or Period Millwork
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Low Emissivity Windows
  • Blinds
  • French Doors
  • Living Room with Fireplace
  • 2 Fireplaces
  • Formal Dining Room
  • Home Office
  • Sauna
  • Pull Down Stairs to Attic

Kitchen

  • Double Oven
  • Gas Oven
  • Range with Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Stainless Steel Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Heated Floors

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 6 Potential Bedrooms
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Whirlpool Bathtub
  • Steam Shower
  • European Shower
  • Shower Body Spray
  • Separate Shower

Laundry

  • Laundry on main level
  • Sink Near Laundry
  • Gas Dryer Hookup

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Shed

Schools

  • Reavis High School

Utilities

  • Forced Air Heating and Cooling System
  • 200+ Amp Service
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,086

Year Built

Built in 2009

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Multi-Level
  • Ownership: Fee Simple
  • ArchitecturalStyle: Other
  • New Construction: No
  • Property Sub-Type: Multi-Level
  • Year Built: 2009
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Range, Microwave, Dishwasher, Refrigerator, Freezer, Disposal, Stainless Steel Appliance(s), Range Hood, Gas Oven, Range Hood
  • Basement: Full
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), Sauna/Steam Room, Bar-Wet, Hardwood Floors, Heated Floors, 1st Floor Laundry, Walk-In Closet(s), 10' Ceiling, 9' Ceiling, Open Floorplan, Special Millwork, Some Window Treatmnt, Drapes/Blinds, Granite Counters
  • LivingArea: 5150
  • Room Type: Bedroom 5, Bedroom 6, Office
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Steam Shower,Double Sink,Bidet,European Shower,Full Body Spray Shower,Soaking Tub
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 2
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Attic: Pull Down Stair
  • Door Features: French Doors
  • Window Features: Low Emissivity Windows,Skylight(s),Window Treatments

Exterior Features

  • DirectionFaces: East
  • Foundation Details: Concrete Perimeter
  • List Price: 575400
  • Lot Features: Corner Lot
  • OtherStructures: Shed(s)
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • Number of Cars: 3
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated,7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Forced Air
  • Laundry Features: Gas Dryer Hookup, Sink
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Reavis High School
  • Middle/Junior School District: 111

Lot Info

  • Lot Size Acres: 0.2537
  • Lot Dimensions: 0.25
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 13085.66
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2021
Closed on
Jun 1, 2021
Sold by
Variciuc Ioan
Bought by
Moosa Nassr Zain A
Seller's Agent
Filip Variciuc
Mihaila Realty LTD
Buyer's Agent
Rima Muthana
Rima Realty LLC
Sold Price
$500,000
Total Days on Market
2
Current Estimated Value
$680,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,137
Avg. Annual Appreciation
6.09%
Original Mortgage
$260,000
Outstanding Balance
$238,985
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$395,169

Purchase Details

Closed on
May 1, 2017
Sold by
Variciuc Ioan and Variciuc Silviu I
Bought by
Variciuc Loan

Purchase Details

Closed on
Feb 23, 2017
Sold by
Variciuc Ioan
Bought by
Variciuc Ioan and Variciuc Silviu I

Purchase Details

Closed on
Sep 19, 2016
Sold by
Variciuc Trudica
Bought by
Variciuc Ioan

Purchase Details

Closed on
Jun 14, 2002
Sold by
Chicago Title Land Trust Company
Bought by
Variciuc Ioan and Variciuc Trudica

Purchase Details

Closed on
Feb 28, 2001
Sold by
Cuthbertson Lola M
Bought by
Chicago Title Land Trust Company and Trust #1109518
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
Moosa Nassr Zain A $500,000 Heritage Title Company
Variciuc Loan -- Attorney
Variciuc Ioan -- Attorney
Variciuc Ioan $107,000 --
Chicago Title Land Trust Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moosa Nassr Zain A $260,000
Previous Owner Variciuc Ioan $378,750
Previous Owner Variciuc Ioan $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2021 06/03/21 Sold $500,000 -13.1% $97 / Sq Ft
05/03/2021 05/03/21 For Sale -- -- --
05/01/2021 05/01/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $575,400 -- $112 / 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 $12,028 $51,000 $10,499 $40,501
2023 $12,028 $51,000 $10,499 $40,501
2022 $12,028 $31,191 $9,118 $22,073
2021 $10,280 $31,190 $9,117 $22,073
2020 $9,999 $31,190 $9,117 $22,073
2019 $13,086 $39,952 $8,289 $31,663
2018 $13,987 $43,617 $8,289 $35,328
2017 $13,544 $43,617 $8,289 $35,328
2016 $11,954 $36,426 $6,907 $29,519
2015 $11,467 $36,426 $6,907 $29,519
2014 $11,140 $36,426 $6,907 $29,519
2013 $9,617 $36,500 $6,907 $29,593
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11072200

Midwest Real Estate Data (MRED)

APN: 19-33-110-032-0000