NOT LISTED FOR SALE

8620 Lockwood Ave Burbank, IL 60459

Estimated Value: $343,000 - $359,725

4 Beds
1.5 Baths
1,230 Sq Ft
$286/Sq Ft Est. Value

Last Sold November 02, 2022

Last sale price $290,000 $236 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,657/month

42 Days on Market

Highlights

  • Property is near a park
  • Full Attic
  • Lower Floor Utility Room
  • Wood Flooring
  • Granite Countertops
  • Fenced Yard

About This Home

As of November 2022

Curb Appeal is just the beginning of this well built 4 bedroom 2 bath split level home.(Lot is 60x132) With 3yr.old roof 2 1/2 car garage with built in shelving. With 1garage door in front and one in back facing 20x20 concrete patio, leading in to large back yard with big storage shed. Walkout basement. Inside on upper level there's the large Master bedroom with its own bathroom access. Along with the 2 other good sized bedrooms. Main floor has hardwood thru out, updated kitchen, Living room and dining room that over looks the large family room on lower level. Lower level has additional bed room and 3/4 bath. Gas fireplace in family room. Then there's the full unfinished basement with washer and dryer that's already stubbed out for another bath. Full house fan keeps home comfortable year round and keeps central air cost down. Seller would like to negotiate sale of some of the homes furnishings in separate bill of sale. NO EXEMTIONS on current taxes

Last Agent to Sell the Property

John Stalzer

Home Sellers Realty Inc License #475174185 Listed on: 08/18/2022

Last Buyer's Agent

John Stalzer

Home Sellers Realty Inc License #475174185 Listed on: 08/18/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,204

Year Built

  • Built in 1993

Lot Details

  • Lot Dimensions are 60x132
  • Fenced Yard
  • Chain Link Fence
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Unassigned Parking

Home Design

  • Split Level with Sub
  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,230 Sq Ft Home
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Lower Floor Utility Room
  • Full Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Sub-Basement
  • Rough-In Basement Bathroom

Outdoor Features

  • Patio
  • Shed

Location

  • Property is near a park

Schools

  • Luther Burbank Elementary School

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,204

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level w/ Sub
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: Split Level w/ Sub
  • Year Built: 1993
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Walkout
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Hardwood Floors, Some Carpeting, Granite Counters
  • LivingArea: 1230
  • Room Type: Utility Room-Lower Level
  • Estimated Total Finished Sq Ft: 2460
  • Assessed Sq Ft: 1230
  • Basement Description: Sub-Basement,Bathroom Rough-In
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 2460
  • Fireplace Location: Family Room
  • Total Sq Ft: 2460
  • Upper Level Sq Ft: 1230
  • Attic: Full
  • Main Level Sq Ft: 1230
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 324000
  • Lot Features: Fenced Yard, Chain Link Fence
  • OtherStructures: Shed(s), Storage
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Unassigned, Driveway
  • ParkingTotal: 2
  • Number of Cars: 4
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Luther Burbank Elementary School
  • Middle/Junior School District: 111

Lot Info

  • Lot Dimensions: 60X132
  • 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: 7204.11
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2022
Closed on
Dec 6, 2022
Sold by
Salem Salem M M
Bought by
Salem M Salem Declaration Of Trust
Seller's Agent
John Stalzer
Home Sellers Realty Inc
Buyer's Agent
John Stalzer
Home Sellers Realty Inc
List Price
$369,000
Sold Price
$290,000
Premium/Discount to List
-$79,000
-21.41%
Views
3
Current Estimated Value
$351,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,431
Avg. Annual Appreciation
7.81%

Purchase Details

Closed on
Aug 26, 1993
Sold by
Cole Taylor Bank
Bought by
Balandis Arnold and Balandis Marilyn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,500
Interest Rate
7.22%
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
Salem M Salem Declaration Of Trust -- Chicago Title
Balandis Arnold $115,066 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Balandis Arnold $67,444
Previous Owner Balandis Arnold $25,000
Previous Owner Balandis Arnold $126,500
Previous Owner Balandis Arnold $8,500
Previous Owner Balandis Arnold $132,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2022 11/02/22 Sold $290,000 -10.5% $236 / Sq Ft
09/30/2022 09/30/22 Pending -- -- --
09/13/2022 09/13/22 Price Changed $324,000 -7.2% $263 / Sq Ft
08/29/2022 08/29/22 Price Changed $349,000 -5.4% $284 / Sq Ft
08/18/2022 08/18/22 For Sale $369,000 -- $300 / 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 $8,909 $28,712 $7,581 $21,131
2023 $7,681 $28,712 $7,581 $21,131
2022 $7,681 $23,341 $6,584 $16,757
2021 $7,383 $23,339 $6,583 $16,756
2020 $7,204 $23,339 $6,583 $16,756
2019 $6,160 $20,622 $5,985 $14,637
2018 $5,982 $20,622 $5,985 $14,637
2017 $5,805 $20,622 $5,985 $14,637
2016 $6,392 $20,639 $4,987 $15,652
2015 $6,111 $20,639 $4,987 $15,652
2014 $5,946 $20,639 $4,987 $15,652
2013 $5,931 $22,360 $4,987 $17,373
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11606560

Midwest Real Estate Data (MRED)

APN: 19-33-310-018-0000