NOT LISTED FOR SALE

8502 Parkside Ave Burbank, IL 60459

Estimated Value: $277,000 - $309,000

3 Beds
2 Baths
1,075 Sq Ft
$275/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $181,000 $168 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,933/month

90 Days on Market

Highlights

  • Raised Ranch Architecture
  • Main Floor Bedroom
  • 2 Car Detached Garage
  • Wood Flooring
  • Whirlpool Bathtub
  • Breakfast Bar

About This Home

As of August 2021

Opportunity awaits with this brick 3 bed, 2 bath raised ranch with finished basement! Hardwood floors throughout first floor and windows have been updated. Second kitchenette in basement along with 2 potential bedrooms and the 2nd full bath! Perfect for in-law arrangement or entertaining! Finished basement doubles your living space! Great Burbank location with easy access to main thoroughfares, public transportation, shopping, and dining! This is a short sale and property is being sold 'as-is.'

Last Agent to Sell the Property

Tabitha Murphy

Berkshire Hathaway HomeServices Chicago License #475132363 Listed on: 10/30/2019

Berkshire Hathaway HomeServices Chicago

Co-Listed By

Crystal Rodriguez

Berkshire Hathaway HomeServices Chicago License #475179513

Last Buyer's Agent

Juan Balbuena

RE/MAX Mi Casa License #475137789

RE/MAX Mi Casa

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,669

Year Built

  • Built in 1960

Lot Details

  • 3,690 Sq Ft Lot
  • Lot Dimensions are 30x125
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Raised Ranch Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Asphalt Roof

Interior Spaces

  • 1,075 Sq Ft Home
  • Ceiling Fan
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Separate Shower

Finished Basement

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

Schools

  • Luther Burbank Elementary School
  • Liberty Junior High School
  • Reavis High School

Utilities

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

Community Details

  • Raised Ran

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,669

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Raised Ranch
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Raised Ranch
  • Year Built: 1960
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Hardwood Floors, 1st Floor Bedroom, 1st Floor Full Bath
  • LivingArea: 1075
  • Other Equipment: Ceiling Fan(s), Sump Pump
  • Room Type: Bedroom 5, Eating Area
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 2
  • Total Sq Ft: 0

Exterior Features

  • Foundation Details: Brick/Mortar
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • 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: No

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Luther Burbank Elementary School
  • High School: Reavis High School
  • Middle/Junior School: Liberty Junior High School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.0847
  • Lot Dimensions: 30X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 16
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3669.14
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2022
Sold by
Montesinos Cesar
Bought by
Montesinos Cesar and Montesinos George Rachel
Current Estimated Value
$263,542

Purchase Details

Listed on
Oct 30, 2019
Closed on
Aug 16, 2021
Sold by
Rusin Krzysztof and Rusin Renata
Bought by
Montesinos Cesar
Seller's Agent
Tabitha Murphy
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Juan Balbuena
RE/MAX Mi Casa
Sold Price
$181,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.67%
Original Mortgage
$175,570
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2001
Sold by
Rusin Krzysztof and Rusin Renata
Bought by
Rusin Krzysztof and Rusin Renata

Purchase Details

Closed on
Aug 20, 1999
Sold by
Standard Bank & Trust Company
Bought by
Rusin Krzysztof and Rusin Renate

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
7.12%

Purchase Details

Closed on
Jul 24, 1998
Sold by
Standard Bank & Trust Company
Bought by
Erdman Donna P

Purchase Details

Closed on
Mar 24, 1997
Sold by
Erdman Donna P
Bought by
Standard Bank & Trust Company and Trust #15561

Purchase Details

Closed on
Jun 17, 1994
Sold by
Ryan Patrick D and Ryan Jane E
Bought by
Erdman Michael A and Erdman Donna P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,350
Interest Rate
8.78%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Montesinos Cesar -- Chicago Title
Montesinos Cesar $181,000 Citywide Title Corporation
Rusin Krzysztof -- --
Rusin Krzysztof $104,000 --
Erdman Donna P -- --
Standard Bank & Trust Company -- --
Erdman Michael A $119,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Montesinos Cesar $175,570
Previous Owner Rusin Krzysztof $93,600
Previous Owner Erdman Michael A $111,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/20/2021 08/20/21 Sold $181,000 +3.4% $168 / Sq Ft
01/27/2020 01/27/20 Pending -- -- --
01/27/2020 01/27/20 For Sale -- -- --
01/22/2020 01/22/20 Price Changed $175,000 -5.4% $163 / Sq Ft
01/06/2020 01/06/20 Price Changed $185,000 -5.0% $172 / Sq Ft
11/13/2019 11/13/19 Price Changed $194,700 -2.5% $181 / Sq Ft
10/29/2019 10/29/19 For Sale $199,700 -- $186 / 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 $6,826 $22,000 $2,306 $19,694
2024 $6,826 $22,000 $2,306 $19,694
2023 $6,577 $22,000 $2,306 $19,694
2022 $6,577 $17,056 $2,030 $15,026
2021 $5,064 $17,054 $2,029 $15,025
2020 $4,967 $17,054 $2,029 $15,025
2019 $3,669 $13,670 $1,845 $11,825
2018 $3,563 $13,670 $1,845 $11,825
2017 $3,465 $13,670 $1,845 $11,825
2016 $3,540 $12,544 $1,568 $10,976
2015 $4,089 $14,676 $1,568 $13,108
2014 $3,984 $14,676 $1,568 $13,108
2013 $2,518 $11,007 $1,568 $9,439
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10561279

Midwest Real Estate Data (MRED)

APN: 19-32-411-022-0000