NOT LISTED FOR SALE

8601 Lorel Ave Burbank, IL 60459

Estimated Value: $200,000 - $391,000

4 Beds
3 Baths
2,000 Sq Ft
$161/Sq Ft Est. Value

Last Sold May 03, 2016

Last sale price $265,000 $132 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,074/month

15 Days on Market

Highlights

  • Above Ground Pool
  • Detached Garage
  • Wet Bar
  • Whirlpool Bathtub
  • Skylights
  • Breakfast Bar

About This Home

As of May 2016

Gorgeous all face brick, corner ranch on double lot with enormous 41x21 above ground pool in fenced in backyard. Additional area for outdoor sports. 3 big bedrooms, with 4th in the beautifully finished basement with gorgeous wet bar, fireplace, and tons of room for entertaining. Leaving all appliances, along with Bose speakers in both the family and outside of home, ceiling fans as well as fans in attic. Hardwood floors throughout with some areas being Pergo flooring. 2 1/2 baths - with electronic skylight in one. Laundry shoot & whirlpool tub. Home has 220 volt electric system. Easily shown and priced to sell!

Last Agent to Sell the Property

Joseph Rossi

Rossi Realty, Inc. License #471003803 Listed on: 03/03/2016

Last Buyer's Agent

Nancy Gudino

Nancy & Associates Realty License #471018793

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,295

Year Built

  • 1975

Lot Details

  • 6,665

Parking

  • Detached Garage
  • Heated Garage
  • Garage Door Opener
  • Driveway
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof

Interior Spaces

  • Whirlpool Bathtub
  • Wet Bar
  • Skylights

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Kitchen Island

Laundry

  • Dryer
  • Washer

Finished Basement

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

Utilities

  • Central Air
  • Heating System Uses Gas
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • Above Ground Pool
  • East or West Exposure

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,295

Year Built

1975

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: Raised Ranch
  • Estimated Year Built: 1975
  • Tax Exemptions: Homeowner
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1975

Interior Features

  • Interior Property Features: Skylight(s), Bar-Wet
  • Number Of Rooms: 7
  • Living Room: Dimensions: 20X14, On Level: Main Level, Flooring: Carpet, Windows: All
  • Appliances: Oven/Range, Dishwasher, Washer, Dryer
  • Equipment: Ceiling Fan, Fan-Attic Exhaust
  • Fireplace Location: Basement
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 4
  • Below Grade Bedrooms: 1
  • Bathroom Amenities: Whirlpool
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 40X15, On Level: Basement
  • Kitchen Type: Dimensions: 23X12, On Level: Main Level, Flooring: Ceramic Tile, Windows: All
  • Kitchen Type: Eating Area-Table Space, Island
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X14, On Level: Main Level, Flooring: Carpet, Windows: All
  • Bedroom 2: Dimensions: 14X13, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 11X11, On Level: Main Level, Flooring: Carpet, Windows: All
  • Bedroom 4: Dimensions: 10X13, On Level: Basement, Flooring: Carpet, Windows: None
  • Estimated Sq Ft: 2000
  • Family Room: Dimensions: 34X27, On Level: Basement, Flooring: Carpet, Windows: None

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Pool Above Ground
  • Exposure: N (North), W (West)

Garage/Parking

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

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Schools

  • School District: 220
  • Junior High Dist: 111

Lot Info

  • Lot Dimensions: 100X133
  • Parcel Identification Number: 19333100150000

Tax Info

  • Taxes: 2,398

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2016
Closed on
May 3, 2016
Sold by
Casper Wayne T and Casper Laurieanne
Bought by
Vargas Luis A Gutierrez
Seller's Agent
Joseph Rossi
Rossi Realty, Inc.
Buyer's Agent
Nancy Gudino
Nancy & Associates Realty
List Price
$269,900
Sold Price
$265,000
Premium/Discount to List
-$4,900
-1.82%
Current Estimated Value
$322,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,350
Avg. Annual Appreciation
2.10%
Original Mortgage
$251,750
Outstanding Balance
$200,410
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$121,940
Source: Public Records

Range of Values:

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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
Vargas Luis A Gutierrez $265,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vargas Luis A Gutierrez $251,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2016 05/03/16 Sold $265,000 -1.8% $133 / Sq Ft
03/18/2016 03/18/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $269,900 -- $135 / 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 $4,295 $15,501 $6,318 $9,183
2023 $3,496 $15,501 $6,318 $9,183
2022 $3,496 $10,776 $5,486 $5,290
2021 $3,362 $10,776 $5,486 $5,290
2020 $3,284 $10,776 $5,486 $5,290
2019 $4,089 $13,126 $4,987 $8,139
2018 $3,971 $13,126 $4,987 $8,139
2017 $3,850 $13,126 $4,987 $8,139
2016 $3,033 $9,856 $4,156 $5,700
2015 $2,771 $9,856 $4,156 $5,700
2014 $2,398 $9,856 $4,156 $5,700
2013 $2,862 $12,149 $4,156 $7,993
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09155337

Midwest Real Estate Data (MRED)

APN: 19-33-310-015-0000