NOT LISTED FOR SALE

512 Burning Tree Ln Unit 27 Naperville, IL 60563

Cress Creek Neighborhood

Estimated Value: $248,000 - $357,000

3 Beds
2.5 Baths
1,544 Sq Ft
$198/Sq Ft Est. Value

Last Sold June 30, 2023

Last sale price $306,000 $198 Per Sq Ft

Current estimated payment $2,414/month

5 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Community Pool
  • Mill Street Elementary School Rated A+
  • Deck
  • Tennis Courts

About This Home

As of June 2023

Location, location, location!!! Naperville AWARD winning School District 203. This beautiful 2 story townhome is move in ready, fully renovated, 3 bedrooms, 2 and half bath. The neutral colors used through out means that your style will blend in beautifully. You will love this renovated kitchen with stainless steel appliances, brand new fridge and stove, quartz counter and beautiful tile backsplash. New first floor flooring. New Carpet on second floor and basement. All new bathrooms. New AC/Furnace. New Water Heater. Walkout basement. Second entrance door on the kitchen. A lot of parking space is conveniently located next to the townhome and there are plenty of visitor parking spaces too. Enjoy this maintenance free community located just 5 minutes Downtown Naperville with abundant restaurants, shopping and entertainment. Close to tons of forest preserves, walking and bike trails. $399.00 HOA includes: heat, gas, water, exterior maintenance, snow removal, scavenger, common insurance, pool, and tennis courts. You can't beat this location which is a haven for commuters located near the BSNF train station and easy access to I88. Property can not be rented. This townhome has the best of both city and country living!

Last Agent to Sell the Property

Marisela Lopez

Coldwell Banker Real Estate Group License #475174105 Listed on: 06/07/2023

Coldwell Banker Real Estate Group

Last Buyer's Agent

Misty Fitzgerald

Executive Realty Group LLC License #475161754

Executive Realty Group LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,331

Year Built

  • Built in 1979 | Remodeled in 2023

Lot Details

  • 14

HOA Fees

  • $470 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,544 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price

Outdoor Features

  • Deck

Schools

  • Naperville North High School

Utilities

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

Community Details

Overview

  • Association fees include heat, water, gas, parking, insurance, clubhouse, pool, exterior maintenance, lawn care, scavenger, snow removal
  • 6 Units
  • Cheri Bovyn Association, Phone Number (630) 330-6166
  • Property managed by Westword360 dba advocate property

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Park

Pet Policy

  • Dogs and Cats Allowed

Additional Features

  • Clubhouse
  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,331

Year Built

Built in 1979 | Remodeled in 2023

Lot Details

0

HOA Fees

$470 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Year Built: 1979
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2023
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Renovated: 2023

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Stainless Steel Appliance(s), Range Hood
  • Basement: Full, Walkout
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: First Floor Laundry
  • LivingArea: 1544
  • Other Equipment: Ceiling Fan(s)
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1544
  • Basement Description: Finished,Storage Space
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 299000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 470
  • Association Amenities: Exercise Room, Park, Pool, Tennis Court(s), Clubhouse, School Bus
  • Association Fee Frequency: Monthly
  • Management: Manager On-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Westword360 dba advocate property
  • Management Contact Name: Cheri Bovyn
  • Management Phone: 630-330-6166
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Parking, Insurance, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Schools

  • High School: Naperville North High School
  • Middle/Junior School District: 203

Lot Info

  • Lot Dimensions: 13.86
  • Rural (Y/N): N
  • Special Assessments: Y

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3330.58
  • Tax Year: 2021

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2023
Closed on
Jun 30, 2023
Sold by
Romgar Llc
Bought by
Horgan Megan
Seller's Agent
Marisela Lopez
Coldwell Banker Real Estate Group
Buyer's Agent
Misty Fitzgerald
Executive Realty Group LLC
List Price
$299,000
Sold Price
$306,000
Premium/Discount to List
$7,000
2.34%
Total Days on Market
5
Views
79
Current Estimated Value
$305,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$316
Avg. Annual Appreciation
-0.05%
Original Mortgage
$260,100
Outstanding Balance
$255,048
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$50,636

Purchase Details

Closed on
Apr 18, 2023
Sold by
Meyer Ronald E
Bought by
Romgar Llc

Purchase Details

Closed on
Jan 27, 2003
Sold by
Lasalle Bank Na
Bought by
Meyer Ronald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
6.01%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 16, 2001
Sold by
Meyer Ronald E
Bought by
Lasalle Bank National Assn and Trust #4392

Purchase Details

Closed on
May 10, 1999
Sold by
Williams John David and Williams Andromeda
Bought by
Meyer Ronald E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.99%

Purchase Details

Closed on
Apr 26, 1996
Sold by
Household Finance Corp Iii
Bought by
Williams John David and Williams Andromeda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,600
Interest Rate
7.75%

Purchase Details

Closed on
Aug 7, 1995
Sold by
Haas Ruth A
Bought by
Household Finance Corp Iii
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
Horgan Megan $306,000 Chicago Title
Romgar Llc $210,000 Chicago Title
Meyer Ronald E -- Ctic
Lasalle Bank National Assn -- --
Meyer Ronald E $104,000 --
Williams John David $99,500 --
Household Finance Corp Iii -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horgan Megan $260,100
Previous Owner Meyer Ronald E $110,000
Previous Owner Meyer Ronald E $47,000
Previous Owner Meyer Ronald E $27,000
Previous Owner Meyer Ronald E $20,000
Previous Owner Meyer Ronald E $10,000
Previous Owner Meyer Ronald E $59,000
Previous Owner Meyer Ronald E $56,000
Previous Owner Meyer Ronald E $55,000
Previous Owner Meyer Ronald E $50,000
Previous Owner Meyer Ronald E $15,000
Previous Owner Meyer Ronald E $30,000
Previous Owner Williams John David $79,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2023 06/30/23 Sold $306,000 +2.3% $198 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
06/07/2023 06/07/23 For Sale $299,000 -- $194 / 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: 11799548

Midwest Real Estate Data (MRED)

APN: 07-12-426-154