NOT LISTED FOR SALE

8416 Lorel Ave Burbank, IL 60459

Estimated Value: $253,000 - $305,000

3 Beds
1 Bath
945 Sq Ft
$292/Sq Ft Est. Value

About This Home

This home is located at 8416 Lorel Ave, Burbank, IL 60459 and is currently estimated at $275,779, approximately $291 per square foot. 8416 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
Apr 12, 2024
Sold by
Burke Valerie C
Bought by
Burke Valerie C and Burke Joseph
Current Estimated Value
$275,779

Purchase Details

Closed on
Jan 20, 1997
Sold by
Burke Salvatore R and Burke Valerie C
Bought by
Burke Salvatore R and Burke Valerie C

Purchase Details

Closed on
May 30, 1996
Sold by
Fanciullacci Rick J and Pro Nancy E
Bought by
Burke Salvatore R and Burke Valerie C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,600
Interest Rate
7.97%
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.

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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.

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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.

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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.

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Average Value
Not Available
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
Burke Valerie C -- None Listed On Document
Burke Salvatore R -- --
Burke Salvatore R $124,000 Ticor Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burker Salvatore R $43,590
Previous Owner Burke Salvatore R $20,000
Previous Owner Burke Salvatore R $110,000
Previous Owner Burke Salvatore R $111,600
Source: Public Records

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 $3,494 $22,000 $9,855 $12,145
2023 $3,494 $22,000 $9,855 $12,145
2022 $3,494 $12,481 $8,559 $3,922
2021 $3,376 $12,480 $8,558 $3,922
2020 $3,338 $12,480 $8,558 $3,922
2019 $3,818 $14,085 $7,780 $6,305
2018 $3,707 $14,085 $7,780 $6,305
2017 $3,605 $14,085 $7,780 $6,305
2016 $3,147 $11,430 $6,483 $4,947
2015 $2,987 $11,430 $6,483 $4,947
2014 $2,916 $11,430 $6,483 $4,947
2013 $3,499 $14,268 $6,483 $7,785
Source: Public Records

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