NOT LISTED FOR SALE

8401 Merrimac Ave Burbank, IL 60459

Estimated Value: $304,593 - $334,000

4 Beds
2 Baths
1,406 Sq Ft
$226/Sq Ft Est. Value

Last Sold July 20, 2020

Last sale price $240,000 $171 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,164/month

5 Days on Market

Highlights

  • Cape Cod Architecture
  • Main Floor Bedroom
  • Breakfast Bar
  • Wood Flooring
  • Detached Garage
  • Bathroom on Main Level

About This Home

As of July 2020

Beautiful 4 bed 2 full bath home tastefully remodeled. Uninterrupted open floor plan. Lovely kitchen features white shaker cabinets, farm sink, marble quartz countertops, SS appliances. Refinished original hardwood flooring. Spa like bathrooms. Stunning feature wall in led lit living room with fireplace. Recessed lighting. Siding, roof, garage door, water heater, windows, all new. Porcelain tiled laundry room. Spacious backyard perfect for backyard fun. Situated in a family friendly neighborhood near a great park, library, water park, and school. This home is sure to go fast.

Last Agent to Sell the Property

Faruk Masoud

Kale Realty License #475188762 Listed on: 05/01/2020

Kale Realty

Last Buyer's Agent

Monika Sycewicz

KABS Realty INC License #475185119

KABS Realty INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,798

Year Built | Renovated

  • 1957 | 2020

Lot Details

  • 7,405

Parking

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

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Asphalt Shingled Roof

Kitchen

  • Breakfast Bar
  • 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

  • Wood Flooring
  • Crawl Space
  • East or West Exposure
  • Property is near a bus stop

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,798

Year Built | Renovated

1957 | 2020

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Interstate Access
  • Recent Rehab: Yes
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Rehab Year: 2020
  • Total Full or Half Bathrooms: 2
  • Style Of House: Cape Cod
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1957
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957
  • Year Renovated: 2020

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 6
  • Living Room: Dimensions: 18X11, On Level: Main Level, Flooring: Hardwood
  • Appliances: Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Crawl
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 15X10, On Level: Main Level
  • Kitchen Type: Dimensions: 11X10, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 11X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 11X11, On Level: 2nd Level, Flooring: Vinyl
  • Bedroom 4: Dimensions: 15X11, On Level: 2nd Level, Flooring: Vinyl
  • Estimated Sq Ft: 1406

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Frame
  • Roof Type: Asphalt/Glass (Shingles)
  • Exposure: W (West)
  • Acreage: 0.1791

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • 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
  • High School: Reavis High School
  • Junior High Dist: 111

Lot Info

  • Lot Dimensions: 119 X 65
  • Parcel Identification Number: 19323200110000

Tax Info

  • Taxes: 701.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2020
Closed on
Jul 20, 2020
Sold by
Masoud Elkinde
Bought by
Tyniec Wojciech
Seller's Agent
Faruk Masoud
Kale Realty
Buyer's Agent
Monika Sycewicz
KABS Realty INC
List Price
$234,000
Sold Price
$240,000
Premium/Discount to List
$6,000
2.56%
Current Estimated Value
$317,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,148
Avg. Annual Appreciation
5.46%
Original Mortgage
$245,520
Interest Rate
2.87%
Mortgage Type
VA

Purchase Details

Listed on
Mar 6, 2019
Closed on
May 22, 2019
Sold by
Caruso Jeffrey E
Bought by
Masoud Elkinde
Seller's Agent
Mary Wallace
Coldwell Banker Realty
Buyer's Agent
Jennifer Villafan
Hoff, Realtors
List Price
$149,900
Sold Price
$138,000
Premium/Discount to List
-$11,900
-7.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
72.96%
Original Mortgage
$124,200
Interest Rate
5.5%
Mortgage Type
New Conventional
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
Tyniec Wojciech $240,000 Fidelity National Title
Masoud Elkinde $138,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tyniec Wojciech $245,520
Previous Owner Masoud Elkinde $124,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/20/2020 07/20/20 Sold $240,000 +2.6% $171 / Sq Ft
05/06/2020 05/06/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $234,000 +69.6% $166 / Sq Ft
07/18/2019 07/18/19 Sold $138,000 -7.9% $98 / Sq Ft View Prior Sale
03/22/2019 03/22/19 Pending -- -- --
03/22/2019 03/22/19 For Sale $149,900 0.0% $107 / Sq Ft
03/14/2019 03/14/19 Pending -- -- --
03/06/2019 03/06/19 For Sale $149,900 -- $107 / 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 $5,798 $22,000 $4,875 $17,125
2023 $5,444 $22,000 $4,875 $17,125
2022 $5,444 $17,538 $4,290 $13,248
2021 $5,243 $17,538 $4,290 $13,248
2020 $6,243 $17,538 $4,290 $13,248
2019 $720 $16,504 $3,900 $12,604
2018 $701 $16,504 $3,900 $12,604
2017 $666 $16,504 $3,900 $12,604
2016 $1,491 $13,490 $3,315 $10,175
2015 $1,508 $13,490 $3,315 $10,175
2014 $1,432 $13,490 $3,315 $10,175
2013 $1,340 $15,241 $3,315 $11,926
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10703513

Midwest Real Estate Data (MRED)

APN: 19-32-320-011-0000