NOT LISTED FOR SALE

8516 Massasoit Ave Burbank, IL 60459

Estimated Value: $286,000 - $349,000

3 Beds
1 Bath
960 Sq Ft
$330/Sq Ft Est. Value

Last Sold July 19, 2021

Last sale price $255,000 $266 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,218/month

67 Days on Market

Highlights

  • Home Office
  • 1-Story Property
  • Central Air
  • 2 Car Detached Garage

About This Home

As of July 2021

Hey check this out, rehabbed, new paint, new appliances, newly tiled floors, all on a nice block with some new homes. Owner out did himself!! It's a really nice home. By the way, roof on garage and house, is new... Also,Burbank offers a lot, near Chicago, good transportation, good parks.

Last Agent to Sell the Property

Irene Miehle

Professional Real Estate Services License #471010285 Listed on: 03/16/2021

Co-Listed By

Michael Schmidt

Professional Real Estate Services License #475144752

Last Buyer's Agent

Elena Pichardo

Realty of America, LLC License #475191602

Realty of America, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,430

Year Built

  • Built in 1953 | Remodeled in 2019

Lot Details

  • 6,151 Sq Ft Lot
  • Lot Dimensions are 50x125

Parking

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

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 960 Sq Ft Home
  • 1-Story Property
  • Home Office
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,430

Year Built

Built in 1953 | Remodeled in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1953
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2019
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2019

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 960
  • Room Type: Office
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1412
  • Lot Dimensions: 50X125
  • Rural (Y/N): Y
  • 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: 4430
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2021
Closed on
Jul 19, 2021
Sold by
Shiv Properties Inc
Bought by
Madsen Lawrence J and Salgado Carmela Montes
Seller's Agent
Irene Miehle
Professional Real Estate Services
Buyer's Agent
Elena Pichardo
Realty of America, LLC
Sold Price
$255,000
Current Estimated Value
$322,152

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,152
Avg. Annual Appreciation
5.03%
Original Mortgage
$250,381
Outstanding Balance
$227,381
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$89,890

Purchase Details

Closed on
Feb 4, 2019
Sold by
Cannon Donna M and Zawaki Marvin
Bought by
Shiv Properties Inc

Purchase Details

Closed on
Nov 19, 1993
Sold by
Slesinski Arthur D and Slesinski Bernadette
Bought by
Zawaki Marvin K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Madsen Lawrence J $255,000 Fidelity National Title
Shiv Properties Inc $90,000 Stewart Title
Zawaki Marvin K $76,666 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madsen Lawrence J $250,381
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2021 07/19/21 Sold $255,000 +2.0% $266 / Sq Ft
05/23/2021 05/23/21 For Sale -- -- --
05/21/2021 05/21/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $250,000 -- $260 / 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 $6,418 $24,000 $3,844 $20,156
2024 $6,418 $24,000 $3,844 $20,156
2023 $4,950 $24,000 $3,844 $20,156
2022 $4,950 $16,256 $3,383 $12,873
2021 $5,998 $16,255 $3,382 $12,873
2020 $5,787 $16,255 $3,382 $12,873
2019 $4,430 $18,538 $3,075 $15,463
2018 $2,495 $18,538 $3,075 $15,463
2017 $4,194 $18,538 $3,075 $15,463
2016 $3,376 $14,563 $2,613 $11,950
2015 $3,415 $14,563 $2,613 $11,950
2014 $3,343 $14,563 $2,613 $11,950
2013 $3,698 $16,810 $2,613 $14,197
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11022773

Midwest Real Estate Data (MRED)

APN: 19-32-409-042-0000