NOT LISTED FOR SALE

8448 Lorel Ave Burbank, IL 60459

Estimated Value: $342,840 - $398,000

4 Beds
2 Baths
2,304 Sq Ft
$156/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $259,990 $113 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,445/month

3 Days on Market

Highlights

  • Updated Kitchen
  • Landscaped Professionally
  • Wood Flooring
  • Cape Cod Architecture
  • Deck
  • Main Floor Bedroom

About This Home

As of February 2021

Beautifully updated 4 bedroom, 2 full bathroom brick home W Main floor MASTER BEDROOM & FULL BATHROOM, Large family room addition, Huge yard & 2 car garage W storage! This open floor plan features a gorgeous updated kitchen W custom cabinetry, corian countertops, large center island & SS appliances, Sprawling family room addition W free standing stone fireplace & large windows for plenty of natural light, Huge dining room W extended cabinetry & countertops, Upgraded main floor washer & dryer, 2 main floor bedrooms W updated full bathroom, 2nd floor W two large bedrooms & full bathroom, Large yard W deck & shed! Newer windows & roof! Nothing to do but move right in! Great location near shopping & dining! Come see today!

Last Agent to Sell the Property

Ray Morandi

Morandi Properties, Inc License #471003188 Listed on: 01/19/2021

Last Buyer's Agent

Aurora Montes De Oca

Baird & Warner, Inc. License #475168310

Baird & Warner, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,195

Year Built

  • 1956

Lot Details

  • 10,019

Parking

  • Detached Garage
  • Side Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Wood Burning Fireplace
  • Wood Flooring
  • Crawl Space

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Stainless Steel Appliances
  • Kitchen Island
  • Built-In or Custom Kitchen Cabinets

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Bathroom on Main Level
  • Soaking Tub

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • Deck
  • Landscaped Professionally

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $2,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,195

Year Built

1956

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 61-70 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Style Of House: Cape Cod
  • Type Detached: 1.5 Story
  • Estimated Year Built: 1956
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 7
  • Appliances: Oven/Range, Microwave, Refrigerator, Washer, Dryer, All Stainless Steel Kitchen Appliances
  • Fireplace Details: Wood Burning
  • Attic: Finished, Full
  • Fireplace Location: Family Room
  • Basement: Crawl
  • Bedrooms All Levels: 4
  • Bathroom Amenities: Soaking Tub
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 19X11, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 17X12, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Eating Area-Table Space, Island, Custom Cabinetry, Updated Kitchen
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X11, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Bedroom 3: Dimensions: 18X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 13X12, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 2304
  • Dining Room Type: Separate
  • Family Room: Dimensions: 24X20, On Level: Main Level, Flooring: Carpet, Windows: Blinds

Exterior Features

  • Foundation: Concrete
  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Acreage: 0.238

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt, Side Drive
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 220
  • Junior High Dist: 111

Lot Info

  • Lot Dimensions: 10374
  • Lot Description: Landscaped Professionally, Sidewalks, Streetlights
  • Parcel Identification Number: 19333160310000

Tax Info

  • Taxes: 6446

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2021
Closed on
Feb 25, 2021
Sold by
Crotty Terese
Bought by
Ramirez Daniel and Locklin Amy C
Seller's Agent
Ray Morandi
Morandi Properties, Inc
Buyer's Agent
Aurora Montes De Oca
Baird & Warner, Inc.
List Price
$259,990
Sold Price
$259,990
Total Days on Market
3
Current Estimated Value
$358,460

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,470
Avg. Annual Appreciation
7.81%
Original Mortgage
$255,280
Outstanding Balance
$231,426
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$127,034
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
Ramirez Daniel $260,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Daniel $255,280
Previous Owner Crotty James D $256,000
Previous Owner Crotty James D $267,300
Previous Owner Crotty James D $208,500
Previous Owner Cortty James D $200,000
Previous Owner Crotty James D $124,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $259,990 0.0% $113 / Sq Ft
01/22/2021 01/22/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $259,990 -- $113 / 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 $5,195 $26,143 $9,855 $16,288
2023 $5,195 $27,000 $9,855 $17,145
2022 $5,195 $16,893 $8,559 $8,334
2021 $5,004 $16,892 $8,558 $8,334
2020 $4,909 $16,892 $8,558 $8,334
2019 $6,446 $21,421 $7,780 $13,641
2018 $6,260 $21,421 $7,780 $13,641
2017 $6,074 $21,421 $7,780 $13,641
2016 $5,872 $19,162 $6,483 $12,679
2015 $5,662 $19,314 $6,483 $12,831
2014 $5,510 $19,314 $6,483 $12,831
2013 $5,549 $21,090 $6,483 $14,607
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10974704

Midwest Real Estate Data (MRED)

APN: 19-33-316-031-0000