8508 Lorel Ave Burbank, IL 60459
Estimated Value: $379,000 - $469,000
3
Beds
3
Baths
1,788
Sq Ft
$234/Sq Ft
Est. Value
About This Home
This home is located at 8508 Lorel Ave, Burbank, IL 60459 and is currently estimated at $418,458, approximately $234 per square foot. 8508 Lorel Ave is a home located in Cook County with nearby schools including Luther Burbank Elementary School, Reavis High School, and St Albert the Great Catholic School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 2, 2024
Sold by
Diaz Marlon P and Diaz Mercy J
Bought by
Diaz Family Trust and Diaz
Current Estimated Value
Purchase Details
Closed on
Mar 18, 2008
Sold by
Diaz Lilayway
Bought by
Diaz Marlon and Diaz Mercy Joy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,500
Interest Rate
6.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 29, 2005
Sold by
Diaz Marlon and Diaz Liwayway
Bought by
Diaz Marlon and Diaz Mercy Joy
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$338,000
Interest Rate
6.05%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 27, 2002
Sold by
Bridgeview Bank & Trust
Bought by
Diaz Marlon and Diaz Liwayway
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,900
Interest Rate
6.23%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Diaz Family Trust | -- | None Listed On Document | |
| Diaz Marlon | -- | Stewart Title Of Illinois | |
| Diaz Marlon | -- | Nations | |
| Diaz Marlon | $290,000 | Pntn |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Diaz Marlon | $370,500 | |
| Previous Owner | Diaz Marlon | $338,000 | |
| Previous Owner | Diaz Marlon | $274,900 |
Source: Public Records
Tax History Compared to Growth
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 | $10,452 | $32,779 | $7,567 | $25,212 |
| 2023 | $8,438 | $37,000 | $7,567 | $29,433 |
| 2022 | $8,438 | $25,302 | $6,571 | $18,731 |
| 2021 | $8,108 | $25,302 | $6,571 | $18,731 |
| 2020 | $7,903 | $25,302 | $6,571 | $18,731 |
| 2019 | $8,835 | $28,089 | $5,973 | $22,116 |
| 2018 | $8,582 | $28,089 | $5,973 | $22,116 |
| 2017 | $8,318 | $28,089 | $5,973 | $22,116 |
| 2016 | $6,863 | $21,976 | $4,978 | $16,998 |
| 2015 | $6,565 | $21,976 | $4,978 | $16,998 |
| 2014 | $6,386 | $21,976 | $4,978 | $16,998 |
| 2013 | $6,425 | $24,002 | $4,978 | $19,024 |
Source: Public Records
Map
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