8600 Lorel Ave Burbank, IL 60459
Estimated Value: $321,000 - $394,000
5
Beds
2
Baths
2,200
Sq Ft
$165/Sq Ft
Est. Value
Highlights
- 2 Car Detached Garage
- Forced Air Heating and Cooling System
- Paved or Partially Paved Lot
About This Home
As of November 2023Introducing this beautifully renovated single-family home that is just waiting to be your new sanctuary! Step inside and be captivated by the spacious living room, elegant dining room, two cozy bedrooms, and a luxurious bathroom with his and her sinks. The highlight of the home is the stunning fully equipped white cabinet kitchen, complete with top-of-the-line stainless steel appliances. Upstairs, you'll find a master bedroom, two additional bedrooms, and another full bathroom, ensuring ample space for everyone. This exceptional property also boasts a new tankless water heater, updated plumbing and electrical systems, fresh flooring, and a stylish coat of paint throughout. It's truly a move-in ready dream! Plus, you'll love the convenient location near schools, shopping centers, dining establishments, and recreational amenities. Don't miss out on this incredible opportunity!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,078
Year Built
- Built in 1956 | Remodeled in 2023
Lot Details
- Lot Dimensions are 42x124
- Paved or Partially Paved Lot
Parking
- 2 Car Detached Garage
- Side Driveway
- Parking Included in Price
Home Design
- Vinyl Siding
Interior Spaces
- 2,200 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Lake Michigan Water
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 27, 2023
Closed on
Nov 14, 2023
Sold by
Soto Sergio
Bought by
Chavez Ivan and Chavez Hector
Seller's Agent
Luis Ortiz
RE/MAX Partners
Buyer's Agent
Maria Rueda
Century 21 Circle
List Price
$359,900
Sold Price
$345,000
Premium/Discount to List
-$14,900
-4.14%
Total Days on Market
21
Views
1009
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,570
Avg. Annual Appreciation
3.30%
Original Mortgage
$10,000
Interest Rate
7.57%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 7, 2017
Sold by
King Harold E
Bought by
Estrada Humberto
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,591,600
Interest Rate
4.21%
Mortgage Type
FHA
Similar Homes in the area
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chavez Ivan | $345,000 | None Listed On Document | |
| Estrada Humberto | $220,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Chavez Ivan | $10,000 | |
| Open | Chavez Ivan | $327,750 | |
| Previous Owner | Estrada Humberto | $21,591,600 | |
| Previous Owner | King Harold E | $80,601 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/17/2023 11/17/23 | Sold | $345,000 | -4.1% | $157 / Sq Ft |
| 10/19/2023 10/19/23 | Pending | -- | -- | -- |
| 09/27/2023 09/27/23 | For Sale | $359,900 | +98.8% | $164 / Sq Ft |
| 02/01/2023 02/01/23 | Sold | $181,000 | -3.2% | $93 / Sq Ft |
| 11/02/2022 11/02/22 | Price Changed | $187,000 | 0.0% | $96 / Sq Ft |
| 09/11/2022 09/11/22 | Pending | -- | -- | -- |
| 08/30/2022 08/30/22 | For Sale | $186,999 | -- | $96 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 | $7,362 | $26,000 | $4,845 | $21,155 |
| 2023 | $7,362 | $26,000 | $4,845 | $21,155 |
| 2022 | $7,362 | $22,513 | $4,208 | $18,305 |
| 2021 | $7,078 | $22,511 | $4,207 | $18,304 |
| 2020 | $6,909 | $22,511 | $4,207 | $18,304 |
| 2019 | $6,229 | $20,814 | $3,825 | $16,989 |
| 2018 | $7,245 | $20,814 | $3,825 | $16,989 |
| 2017 | $5,869 | $20,814 | $3,825 | $16,989 |
| 2016 | $5,595 | $18,378 | $3,187 | $15,191 |
| 2015 | $5,344 | $18,378 | $3,187 | $15,191 |
| 2014 | $5,202 | $18,378 | $3,187 | $15,191 |
| 2013 | $4,956 | $20,336 | $3,187 | $17,149 |
Source: Public Records
Agents Affiliated with this Home
-
Luis Ortiz
Seller's Agent in 2023
Luis Ortiz
RE/MAX
(708) 990-4079
20 in this area
907 Total Sales
-
Maria Rueda
M
Buyer's Agent in 2023
Maria Rueda
Century 21 Circle
(773) 536-4200
1 in this area
45 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11895450
APN: 19-33-303-014-0000
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