NOT LISTED FOR SALE

8624 Lorel Ave Burbank, IL 60459

Estimated Value: $278,000 - $380,000

3 Beds
3 Baths
1,299 Sq Ft
$247/Sq Ft Est. Value

Last Sold June 16, 2014

Last sale price $238,000 $183 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,247/month

5 Days on Market

Highlights

  • Landscaped Professionally
  • Stainless Steel Appliances
  • Breakfast Bar
  • Ranch Style House
  • Detached Garage
  • Patio

About This Home

As of June 2014

This larger than other raised ranch homes in the area is on the market for a short time. Home sits on a huge lot (approx. 60 feet wide), and has too many remodeled features to list here! Features new windows, new roof, new furnace, newly remodeled kitchen with granite ctps and SS appliances, newly remodeled bathrooms, HUGE finished basement, new carpet, new ceramic tile, new enginered hardwood floors, & much more!

Last Agent to Sell the Property

John Rolla

HomeSmart Realty Group License #471009197 Listed on: 04/30/2014

HomeSmart Realty Group

Last Buyer's Agent

Jorge Luna

REMAX Legends License #475101633

REMAX Legends

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,009

Year Built

  • 1978

Lot Details

  • 7,405

Parking

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

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Shingled Roof

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Finished Basement

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

Utilities

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

Additional Features

  • Bathroom on Main Level
  • Patio
  • Landscaped Professionally

Listing and Financial Details

  • $5,950 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,009

Year Built

1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Recent Rehab: Yes
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Style Of House: Ranch
  • Type Detached: Raised Ranch
  • Estimated Year Built: 1978
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1978

Interior Features

  • Interior Property Features: 1st Floor Bedroom, 1st Floor Full Bath
  • Number Of Rooms: 6
  • Living Room: Dimensions: 13X19, On Level: Main Level, Flooring: Hardwood, Windows: Shades
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, All Stainless Steel Kitchen Appliances
  • Equipment: Ceiling Fan, Sump Pump
  • Basement: Full
  • Basement: Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 7X22, On Level: Basement, Flooring: Other, Windows: None
  • Kitchen Type: Dimensions: 11X22, On Level: Main Level, Flooring: Ceramic Tile, Windows: None
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X12, On Level: Main Level, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet, Windows: None
  • Bedroom 3: Dimensions: 12X10, On Level: Main Level, Flooring: Carpet, Windows: None
  • Estimated Sq Ft: 1299
  • Family Room: Dimensions: 17X40, On Level: Basement, Flooring: Ceramic Tile, Windows: None

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Acreage: 0.17

Garage/Parking

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

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 220
  • Junior High Dist: 111

Lot Info

  • Lot Dimensions: 60 X 124
  • Lot Description: Landscaped Professionally
  • Parcel Identification Number: 19333030200000

Tax Info

  • Taxes: 4742.60

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2023
Sold by
Saavedra Ismael and Saavedra Marcella
Bought by
Ismael And Marcella Saavedra Joint Revocable and Saavedra
Current Estimated Value
$318,782

Purchase Details

Listed on
Apr 30, 2014
Closed on
Jun 12, 2014
Sold by
Standard Bank & Trust Company
Bought by
Saavedra Isamael and Saavedra Marcella
Seller's Agent
John Rolla
HomeSmart Realty Group
Buyer's Agent
Jorge Luna
REMAX Legends
List Price
$228,000
Sold Price
$238,000
Premium/Discount to List
$10,000
4.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.36%
Original Mortgage
$226,100
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2013
Sold by
Sirutis Elena
Bought by
Standard Bank & Trust and Trust #15348
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
Ismael And Marcella Saavedra Joint Revocable -- None Listed On Document
Saavedra Isamael $238,000 Fidelity National Title
Standard Bank & Trust $99,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saavedra Isamael $226,100
Previous Owner Sirutis Elena $260,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2014 06/16/14 Sold $238,000 +4.4% $183 / Sq Ft
05/05/2014 05/05/14 Pending -- -- --
04/30/2014 04/30/14 For Sale $228,000 -- $176 / 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 $6,009 $22,351 $3,563 $18,788
2023 $4,088 $22,351 $3,563 $18,788
2022 $4,088 $13,682 $3,094 $10,588
2021 $3,942 $13,680 $3,093 $10,587
2020 $3,876 $13,680 $3,093 $10,587
2019 $4,510 $15,673 $2,812 $12,861
2018 $4,379 $15,673 $2,812 $12,861
2017 $4,518 $16,461 $2,812 $13,649
2016 $4,482 $12,722 $2,343 $10,379
2015 $4,316 $12,722 $2,343 $10,379
2014 $4,186 $12,722 $2,343 $10,379
2013 $4,937 $16,423 $2,343 $14,080
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08600194

Midwest Real Estate Data (MRED)

APN: 19-33-303-020-0000