NOT LISTED FOR SALE

8501 Lorel Ave Burbank, IL 60459

Estimated Value: $313,000 - $408,513

4 Beds
2 Baths
1,865 Sq Ft
$195/Sq Ft Est. Value

Last Sold February 27, 2023

Last sale price $355,000 $190 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,398/month

39 Days on Market

Highlights

  • Cape Cod Architecture
  • 2.5 Car Detached Garage
  • Laundry Room
  • Stainless Steel Appliances
  • Living Room
  • Forced Air Heating and Cooling System

About This Home

As of February 2023

This beautifully presented 1.5 story home has been renovated throughout leaving nothing to do but simply move in and enjoy.So much to offer with this 4 bedroom,2 bath home with wood engineering floors throughout the home.Amazing kitchen with white shaker cabinets, granite counters and stainless steel appliances.New windows,new plumbing, electric and much more. All work was completed with permits and according to village requirements. This is practically new construction home. You will not be disappointed.Perfect "10"

Last Agent to Sell the Property

Margaret Wilk

RE/MAX 10 License #475103082 Listed on: 08/31/2022

RE/MAX 10

Last Buyer's Agent

Silvana Aranibar

RE/MAX MI CASA License #475191619

RE/MAX MI CASA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,292

Year Built

  • Built in 1958 | Remodeled in 2022

Lot Details

  • 10,594 Sq Ft Lot
  • Lot Dimensions are 79x133
  • Paved or Partially Paved Lot

Parking

  • 2.5 Car Detached Garage
  • Side Driveway
  • Parking Included in Price

Home Design

  • Cape Cod Architecture
  • Vinyl Siding

Interior Spaces

  • 1,865 Sq Ft Home
  • 1.5-Story Property
  • Electric Fireplace
  • Family Room with Fireplace
  • Living Room
  • Crawl Space
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Schools

  • Reavis High School

Utilities

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

Community Details

  • Cape Cod W/Family Room

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,292

Year Built

Built in 1958 | Remodeled in 2022

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Cape Cod
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1958
  • 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): Yes
  • Rehab Year: 2022
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2022

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Electric
  • Fireplaces: 1
  • LivingArea: 1865
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 359900
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Driveway: Side Drive
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • 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: 0.2432
  • Lot Dimensions: 79X133
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5291.73
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2022
Closed on
Feb 27, 2023
Sold by
Glowczak Krzysztof
Bought by
Cardenas Alberto and Castellanos Ana Maria
Seller's Agent
Margaret Wilk
RE/MAX 10
Buyer's Agent
Silvana Aranibar
RE/MAX MI CASA
List Price
$359,900
Sold Price
$355,000
Premium/Discount to List
-$4,900
-1.36%
Total Days on Market
39
Views
142
Current Estimated Value
$363,628

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,628
Avg. Annual Appreciation
1.07%
Original Mortgage
$337,250
Interest Rate
6.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 28, 2022
Closed on
Apr 15, 2022
Sold by
Miller Joanne P
Bought by
Glowczak Krzysztof
Seller's Agent
Joan Miller
Coldwell Banker Realty
Buyer's Agent
Margaret Wilk
RE/MAX 10
List Price
$209,500
Sold Price
$195,000
Premium/Discount to List
-$14,500
-6.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
97.55%

Purchase Details

Listed on
Mar 28, 2022
Closed on
Apr 7, 2022
Sold by
Miller Joanne P
Bought by
Glowezak Krzysztof
Seller's Agent
Joan Miller
Coldwell Banker Realty
Buyer's Agent
Margaret Wilk
RE/MAX 10
List Price
$209,500
Sold Price
$195,000
Premium/Discount to List
-$14,500
-6.92%

Purchase Details

Closed on
Feb 4, 2005
Sold by
Miller Joanne P
Bought by
Prairie Bank & Trust and Trust #00-109

Purchase Details

Closed on
Feb 4, 2003
Sold by
Miller David G
Bought by
Miller Joanne P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
5.96%
Mortgage Type
Unknown
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
Cardenas Alberto $355,000 None Listed On Document
Glowczak Krzysztof $195,000 --
Glowezak Krzysztof $195,000 None Listed On Document
Glowczak Krzysztof $195,000 --
Prairie Bank & Trust $79,000 Stewart Title Of Illinois
Miller Joanne P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cardenas Alberto $337,250
Previous Owner Miller Joanne P $53,800
Previous Owner Miller Joanne P $20,000
Previous Owner Miller Joanne P $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2023 02/27/23 Sold $355,000 -1.4% $190 / Sq Ft
01/26/2023 01/26/23 For Sale $359,900 0.0% $193 / Sq Ft
10/10/2022 10/10/22 Pending -- -- --
10/08/2022 10/08/22 Pending -- -- --
08/31/2022 08/31/22 For Sale $359,900 +84.6% $193 / Sq Ft
04/13/2022 04/13/22 Sold $195,000 -6.9% $109 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/28/2022 03/28/22 For Sale $209,500 -- $117 / 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 $5,610 $24,000 $10,064 $13,936
2023 $5,610 $24,000 $10,064 $13,936
2022 $5,610 $17,968 $8,740 $9,228
2021 $5,401 $17,967 $8,740 $9,227
2020 $5,292 $17,967 $8,740 $9,227
2019 $5,818 $19,668 $7,945 $11,723
2018 $5,650 $19,668 $7,945 $11,723
2017 $5,483 $19,668 $7,945 $11,723
2016 $4,222 $14,481 $6,621 $7,860
2015 $4,022 $14,481 $6,621 $7,860
2014 $3,920 $14,481 $6,621 $7,860
2013 $5,030 $19,362 $6,621 $12,741
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11617677

Midwest Real Estate Data (MRED)

APN: 19-33-307-022-0000