NOT LISTED FOR SALE

8542 Meade Ave Burbank, IL 60459

Estimated Value: $576,000 - $667,000

6 Beds
3.5 Baths
3,600 Sq Ft
$174/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $489,000 $136 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,480/month

20 Days on Market

Highlights

  • New Construction
  • Wood Flooring
  • Granite Countertops
  • Vaulted Ceiling
  • Main Floor Bedroom
  • Home Office

About This Home

As of May 2021

Elegant New Construction 3600sq ft 3 story home offers open floor design and 3 levels of living space .Stunning kitchen with white cabinets,granite counters and stainless still appliances opened to dinning and living area. Two bedrooms are on main level.Upper floor offers Four large bedrooms.Master suite with a luxury master bathroom and walk-in closet. Finished basement with spacious family room,office and another bath.Laundry hook up 2nd level and bsmt. Perfect "10"

Last Agent to Sell the Property

Margaret Wilk

RE/MAX 10 License #475103082 Listed on: 03/27/2021

RE/MAX 10

Last Buyer's Agent

Grace Vasquez

Charles Rutenberg Realty of IL License #475148621

Charles Rutenberg Realty of IL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,197

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 10,367

Parking

  • 2.5 Car Detached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 3,600 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Electric Fireplace
  • Living Room with Fireplace
  • Open Floorplan
  • Home Office
  • Lower Floor Utility Room
  • Laundry on upper level
  • Granite Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • Main Floor Bedroom

Finished Basement

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

Schools

  • Reavis High School

Utilities

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

Additional Features

  • Porch
  • Lot Dimensions are 78x125

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,197

Year Built

Built in 2021 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: Yes
  • Property Sub-Type: 2 Stories
  • Year Built: 2021
  • Age: NEW Ready for Occupancy
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplace Features: Electric
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, Wood Laminate Floors, 1st Floor Bedroom, 2nd Floor Laundry, Dining Combo, Granite Counters
  • LivingArea: 3600
  • Room Type: Bedroom 5, Bedroom 6, Office, Utility Room-Lower Level
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Concrete Perimeter
  • List Price: 489900
  • Waterfront: No
  • Exterior Building Type: Brick,Brick Veneer

Garage/Parking

  • Garage Spaces: 2.5
  • Number of Cars: 2.5
  • Driveway: Concrete
  • 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
  • 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: 78X125
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 3197
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2021
Closed on
May 27, 2021
Sold by
Chris Kwak Construction Company
Bought by
Soto Teresa
Seller's Agent
Margaret Wilk
RE/MAX 10
Buyer's Agent
Grace Vasquez
Charles Rutenberg Realty of IL
Sold Price
$489,000
Current Estimated Value
$625,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,191
Avg. Annual Appreciation
4.47%
Original Mortgage
$464,550
Outstanding Balance
$425,145
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$164,922

Purchase Details

Listed on
Mar 20, 2020
Closed on
Jun 1, 2020
Sold by
Bradshaw Linda L
Bought by
Chris Kwak Construction Co
Seller's Agent
John Schober
RE/MAX 1st Service
Buyer's Agent
Margaret Wilk
RE/MAX 10
List Price
$125,000
Sold Price
$100,000
Premium/Discount to List
-$25,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
396.90%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Soto Teresa $489,000 First American Title
Chris Kwak Construction Co $100,000 Greater Illinois Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soto Teresa $464,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2021 05/27/21 Sold $489,000 -0.2% $136 / Sq Ft
04/16/2021 04/16/21 Pending -- -- --
04/16/2021 04/16/21 For Sale -- -- --
03/27/2021 03/27/21 For Sale $489,900 +389.9% $136 / Sq Ft
06/01/2020 06/01/20 Sold $100,000 -20.0% $132 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $125,000 0.0% $164 / Sq Ft
05/01/2020 05/01/20 Price Changed $125,000 +25.0% $164 / Sq Ft
04/24/2020 04/24/20 Off Market $100,000 -- --
04/13/2020 04/13/20 For Sale $139,000 0.0% $183 / Sq Ft
04/08/2020 04/08/20 Pending -- -- --
03/20/2020 03/20/20 For Sale $139,000 -- $183 / 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 $13,200 $45,857 $6,484 $39,373
2023 $13,981 $45,857 $6,484 $39,373
2022 $13,981 $36,256 $5,706 $30,550
2021 $13,378 $36,255 $5,705 $30,550
2020 $3,934 $14,153 $5,705 $8,448
2019 $3,197 $12,353 $5,187 $7,166
2018 $3,104 $12,353 $5,187 $7,166
2017 $3,022 $12,353 $5,187 $7,166
2016 $2,770 $10,359 $4,408 $5,951
2015 $2,624 $10,359 $4,408 $5,951
2014 $2,924 $11,455 $4,408 $7,047
2013 $2,672 $11,517 $4,408 $7,109
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10992921

Midwest Real Estate Data (MRED)

APN: 19-32-312-021-0000