$195,000
SOLD APR 13, 2022

8501 Lorel Ave Burbank, IL 60459

4 Beds
1.5 Baths
1,797 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$109 Per Sq Ft

7% Below List Price

1 Day on Market

Highlights

  • Cape Cod Architecture
  • Porch
  • Patio
  • 2 Car Detached Garage
  • Walk-In Closet
  • Living Room

About This Home

As of February 2023

THIS DIAMOND IN THE ROUGH IS CALLING ALL REHABBERS. 4 BEDROOM 1 1/2 BATHROOM (1/2 BATHROOM UPSTAIRS HAS NOT BEEN USED IN SEVERAL YEARS IS IN NEED OF SOME REPAIR) WITH A FAMILY ROOM. THIS HOME IS SET ON AN OVERSIZED LOT (79X133) ON A LOVELY TREE LINED STREET. FURNACE NEW IN 2004,ROOF NEW IN 2010, HWT NEW IN 2019. THERE IS A CENTRAL AIR UNIT BUT IT IS NOT WORKING. GREAT CONVENIENT LOCATION. SELLER SAID "PROPERTY BEING SOLD AS IS - CASH OR CONVENTIONAL BUYERS ONLY"

Last Agent to Sell the Property

Joan Miller

Coldwell Banker Realty License #475129005 Listed on: 03/28/2022

Coldwell Banker Realty

Last Buyer's Agent

Margaret Wilk

RE/MAX 10 License #475103082

RE/MAX 10

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,292

Year Built

  • Built in 1958

Lot Details

  • Lot Dimensions are 79x133
  • Paved or Partially Paved Lot

Parking

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

Home Design

  • Cape Cod Architecture
  • Aluminum Siding

Interior Spaces

  • 1,797 Sq Ft Home
  • 1.5-Story Property
  • Family Room
  • Living Room
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Schools

  • Reavis High School

Utilities

  • No Cooling
  • Forced Air Heating 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

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): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator, Washer, Dryer
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • LivingArea: 1797
  • Room Type: Walk In Closet
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1797
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio, Porch
  • List Price: 209500
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Side Drive
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • 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 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%
Views
142
Current Estimated Value
$374,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,030
Avg. Annual Appreciation
1.74%
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

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $355,000 None Listed On Document
Warranty Deed $195,000 --
Warranty Deed $195,000 None Listed On Document
Warranty Deed $195,000 --
Warranty Deed $79,000 Stewart Title Of Illinois
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $337,250 New Conventional
Previous Owner $53,800 Purchase Money Mortgage
Previous Owner $20,000 Future Advance Clause Open End Mortgage
Previous Owner $70,000 Unknown
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 $5,595 $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: 11358835

Midwest Real Estate Data (MRED)

APN: 19-33-307-022-0000