NOT LISTED FOR SALE

502 Burning Tree Ln Unit 502 Naperville, IL 60563

Cress Creek Neighborhood

Estimated Value: $296,000 - $309,000

3 Beds
3 Baths
1,602 Sq Ft
$350/mo HOA Fee

Last Sold November 16, 2016

Last sale price $191,500 $120 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,266/month

31 Days on Market

Highlights

  • Heated Floors
  • Recreation Room
  • Patio
  • Mill Street Elementary School Rated A+
  • Stainless Steel Appliances
  • Property is near a bus stop

About This Home

As of November 2016

PRISTINE & Very Rare Mill Crossing Townhome w/Full Finished Basement!Enjoy Your Own Private Yard & Patio w/Entry from both ends of the Building into your Fully Renovated Home!Gourmet Kitchen w/New 42" Cherry Cabs w/Convenient Pull Out Drawers & Soft Close! Under Cab Lighting, Newer Stainless St. Apps, Glass Tile Backsplash, Granite C-tops, Upgraded Lighting & HW Flooring!Formal Dining Room w/Crown Molding & Sliding Glass Door to Your Patio!Fam Room Features a Custom Built In Entertainment System w/Granite Top, Gas Fireplace & Flat Screen TV! Head Up-Stairs to 3 Spacious Bedrooms, Each w/Ceiling Fan, Cstm Closet Organizers, Solid Core Oak Panel Doors, Hall Bath w/New Vanity, Tile Flooring & Tile Surround! Spacious Master Includes WIC & Heated Tile Flooring in Full Bath! Finished BSMT w/Exterior Access, Flat Screen & Speakers Stay! Newer Windows Throughout, Newer AC/Furnace & Hot Water Heater(gas/water/ext maint/snow removal/pool & tennis included in assessment) Commuters Dream A+!

Last Agent to Sell the Property

Ben Kastein

Advantage Realty Group License #471011239 Listed on: 08/17/2016

Last Buyer's Agent

Keith McMahon

Compass License #475141372

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,858

Year Built

  • 1979

Lot Details

  • 14

HOA Fees

  • $350 per month

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof
  • Asphalt Rolled Roof
  • Aluminum Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Heatilator
  • Gas Log Fireplace
  • Recreation Room
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Heated Floors

Laundry

  • Dryer
  • Washer

Parking

  • Parking Available
  • Parking Included in Price

Utilities

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

Additional Features

  • Patio
  • Property is near a bus stop

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,858

Year Built

1979

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service, Commuter Bus, Commuter Train
  • Recent Rehab: Yes
  • Unit Floor Level: 1
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 1979
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3
  • Year Built: 1979

Interior Features

  • Interior Property Features: Hardwood Floors, Heated Floors
  • Number Of Rooms: 7
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Fireplace Details: Gas Logs, Heatilator Type System
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Finished
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 13X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Recreation Room
  • Master Bedroom: Dimensions: 17X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Recreation Rm, Dimensions: 19X15, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 11X10, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 13X10, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1602
  • Dining Room Type: Separate
  • Family Room: Dimensions: 16X13, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Exterior Building Type: Aluminum Siding, Brick
  • Roof Type: Asphalt/Glass (Rolled), Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Parking Included In Price: Yes

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Water, Gas, Parking, Common Insurance, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 350
  • Management Contact Name: Manager
  • Management Phone: 630-961-1385

Fee Information

  • Management Company: Mill Crossing Condominiums

Schools

  • School District: 203
  • Elementary School: MILL STREET ELEMENTARY SCHOOL
  • Middle School: JEFFERSON JUNIOR HIGH SCHOOL
  • High School: NAPERVILLE NORTH HIGH SCHOOL
  • Junior High Dist: 203

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 0712426149

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 3

Tax Info

  • Taxes: 2523

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2016
Closed on
Nov 14, 2016
Sold by
Byrne John E
Bought by
Wilson Daniel P and Wilson Lynn J
Seller's Agent
Ben Kastein
Advantage Realty Group
Buyer's Agent
Keith McMahon
Compass
List Price
$209,900
Sold Price
$191,500
Premium/Discount to List
-$18,400
-8.77%
Total Days on Market
31
Current Estimated Value
$300,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$108,939
Avg. Annual Appreciation
5.43%
Original Mortgage
$143,625
Outstanding Balance
$118,431
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$182,733

Purchase Details

Closed on
Mar 23, 2012
Sold by
Byrne John E
Bought by
Byrne John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2009
Sold by
Lasky Peter and Lasky Joseph
Bought by
Byrne John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
5.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2008
Sold by
Tate Jean M and Grossgut Gail
Bought by
Lasky Peter and Lasky Joseph

Purchase Details

Closed on
Sep 5, 1998
Sold by
Tate Jean M and Grossgut Paul
Bought by
Tate Jean M and Grossgut Gail
Source: Public Records

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Range of Values:

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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
Wilson Daniel P $191,500 First American Title Company
Byrne John E -- None Available
Byrne John E $175,000 Law Title Insurance
Lasky Peter $140,000 Wheatland Title Guaranty
Tate Jean M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wilson Daniel P $143,625
Previous Owner Byrne John E $138,000
Previous Owner Byrne John E $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2016 11/16/16 Sold $191,500 -4.2% $120 / Sq Ft
09/17/2016 09/17/16 Pending -- -- --
09/06/2016 09/06/16 Price Changed $199,900 -4.8% $125 / Sq Ft
08/17/2016 08/17/16 For Sale $209,900 -- $131 / 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
2023 $3,858 $67,460 $7,770 $59,690
2022 $3,462 $59,580 $6,870 $52,710
2021 $3,331 $57,450 $6,620 $50,830
2020 $3,320 $57,450 $6,620 $50,830
2019 $3,188 $54,640 $6,300 $48,340
2018 $2,520 $44,500 $5,130 $39,370
2017 $2,458 $42,990 $4,960 $38,030
2016 $2,387 $41,260 $4,760 $36,500
2015 $2,523 $41,260 $4,760 $36,500
2014 $2,661 $42,050 $4,850 $37,200
2013 $2,645 $42,340 $4,880 $37,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09319444

Midwest Real Estate Data (MRED)

APN: 07-12-426-149