NOT LISTED FOR SALE

8501 Central Ave Burbank, IL 60459

Estimated Value: $385,000 - $494,000

5 Beds
2.5 Baths
2,383 Sq Ft
$180/Sq Ft Est. Value

Last Sold July 07, 2022

Last sale price $340,000 $143 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,048/month

30 Days on Market

Highlights

  • Above Ground Pool
  • Bonus Room
  • Fenced Yard
  • Deck
  • Workshop
  • 2 Car Attached Garage

About This Home

As of July 2022

If you are looking for space, this is the perfect opportunity for you! This two story home with a huge backyard sits on a massive lot and has bedrooms galore! The 5 bedrooms (with a possible 6th) and 2.5 bathrooms is perfect for related living or someone needing more space than the average home. The main floor features 3 bedrooms,one full bathroom, living room, kitchen and an additional bonus room perfect for a bedroom or office. Walk up to the second floor to a spacious family room, mini kitchen, two bedrooms and full size bathroom connecting to both rooms! The full basement also has plenty of space for fun, a pooltable, dry bar, a half bathroom, workshop room and perfect for any renovating ideas. Enjoy a summer of fun in the pool and huge fenced in backyard. Updates include new pool, kitchen quartz countertops, faucets, sink and backsplash, windows on main floor... A super convenient location, close to shopping, restaurants, schools...

Last Agent to Sell the Property

Margarita Lopez

Baird & Warner, Inc. License #475156324 Listed on: 04/28/2022

Baird & Warner, Inc.

Last Buyer's Agent

Anne Chantos

Coldwell Banker Realty License #475183208

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,946

Year Built

  • Built in 1953

Lot Details

  • Fenced Yard

Parking

  • 2 Car Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,383 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Workshop
  • Utility Room with Study Area
  • Partially Carpeted

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • In-Law or Guest Suite
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Finished Basement

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

Outdoor Features

  • Above Ground Pool
  • Deck
  • Patio
  • Shed

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,946

Year Built

Built in 1953

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: 1953
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Interior Amenities: In-Law Arrangement, First Floor Full Bath, Some Carpeting
  • LivingArea: 2383
  • Room Type: Bedroom 5, Bonus Room, Workshop
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Patio, Above Ground Pool
  • Lot Features: Fenced Yard
  • OtherStructures: Shed(s), Garage(s), Storage
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Lake Michigan, Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 12959
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 8945.64
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2022
Closed on
Jun 27, 2022
Sold by
Cruz Raymond
Bought by
Delira Ariana and Delira Sofia
Seller's Agent
Margarita Lopez
Baird & Warner, Inc.
Buyer's Agent
Anne Chantos
Coldwell Banker Realty
List Price
$389,000
Sold Price
$340,000
Premium/Discount to List
-$49,000
-12.6%
Current Estimated Value
$429,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,100
Avg. Annual Appreciation
6.78%
Original Mortgage
$328,652
Outstanding Balance
$312,398
Interest Rate
5.63%
Mortgage Type
FHA
Estimated Equity
$116,702

Purchase Details

Closed on
Apr 3, 2012
Sold by
Bandyk Michael J and Bandyk Kelly M
Bought by
Cruz Raymond and Cruz Cheri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,789
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
May 12, 2004
Sold by
Till June C
Bought by
Bandyk Michael J and Bandyk Kelly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2004
Sold by
Prairie Bank & Trust Co
Bought by
Till June C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2000
Sold by
Till June C
Bought by
Prairie Bank & Trust Company and Trust #00-011
Source: Public Records
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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
Delira Ariana $340,000 None Listed On Document
Cruz Raymond -- Pntn
Bandyk Michael J -- Cti
Till June C -- Cti
Prairie Bank & Trust Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delira Ariana $328,652
Previous Owner Cruz Raymond $238,789
Previous Owner Bandyk Michael J $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/07/2022 07/07/22 Sold $340,000 -5.3% $143 / Sq Ft
05/29/2022 05/29/22 Pending -- -- --
05/06/2022 05/06/22 Price Changed $359,000 -7.7% $151 / Sq Ft
04/28/2022 04/28/22 For Sale $389,000 -- $163 / 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
2025 $9,929 $32,000 $12,311 $19,689
2024 $9,929 $32,000 $12,311 $19,689
2023 $9,568 $32,000 $12,311 $19,689
2022 $9,568 $28,231 $10,691 $17,540
2021 $9,188 $28,231 $10,691 $17,540
2020 $8,946 $28,231 $10,691 $17,540
2019 $9,775 $30,713 $9,719 $20,994
2018 $9,495 $30,713 $9,719 $20,994
2017 $9,201 $30,713 $9,719 $20,994
2016 $8,979 $27,982 $8,099 $19,883
2015 $8,602 $27,982 $8,099 $19,883
2014 $8,362 $27,982 $8,099 $19,883
2013 $8,377 $30,495 $8,099 $22,396
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11388627

Midwest Real Estate Data (MRED)

APN: 19-33-318-001-0000