NOT LISTED FOR SALE

5300 Walnut Ave Unit 15B Downers Grove, IL 60515

Belmont Neighborhood

Estimated Value: $120,000 - $164,000

1 Bed
1 Bath
655 Sq Ft
$145/mo HOA Fee

Last Sold September 25, 2015

Last sale price $44,500 $68 Per Sq Ft

Est. 228% increase in value since last sale

Current estimated payment $1,041/month

57 Days on Market

Highlights

  • Senior Community
  • Galley Kitchen
  • Forced Air Heating and Cooling System
  • Balcony
  • Property is near a bus stop
  • Senior Tax Exemptions

About This Home

As of September 2015

GREAT VALUE IN A 55+COMMUNITY. YOU CAN'T BEAT THE PRICE, TAXES OR LOW ASSESSMENT. THIS 2ND FLOOR UNIT FEATURES WOOD CABINETRY, SPACIOUS LIVING ROOM & DINING ROOM, PLENTIFUL CLOSET AND STORAGE SPACE , A SLDG LEADING TO A COZY BALCONY, ADDITIONAL STORAGE IN STORAGE RM & LAUNDRY ON THE FLOOR. LIBRARY AND EXERCISE ROOM. 2 ELEVATORS IN THE BUILDING. NEAR I-355, I-88 & TRAINS ADDITIONAL PARKING IN GUEST LOT.

Last Agent to Sell the Property

Richard Leazzo

RE/MAX Action Listed on: 06/15/2015

Last Buyer's Agent

Mary Wallace

Coldwell Banker Realty License #475136800

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,177

Year Built

  • 1967

Lot Details

  • 4.58

HOA Fees

  • $145 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Kitchen

  • Galley Kitchen
  • Oven or Range

Parking

  • Parking Available
  • Driveway
  • Off-Street Parking
  • Parking Included in Price

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Additional Features

  • North or South Exposure
  • Balcony
  • Property is near a bus stop

Community Details

  • Senior Community
  • Common Area

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,177

Year Built

1967

Lot Details

0

HOA Fees

$145 per month

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus, Commuter Train, Interstate Access, Adult Community
  • Unit Floor Level: 2
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Estimated Year Built: 1967
  • Tax Exemptions: Homeowner, Senior
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 5
  • Year Built: 1967

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 16X13, On Level: Main Level, Flooring: Carpet, Windows: Curtains/Drapes
  • Appliances: Oven/Range, Refrigerator
  • Equipment: TV-Cable
  • Basement: Slab
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: 08X07, On Level: Main Level, Flooring: Carpet, Windows: None
  • Kitchen Type: Dimensions: 08X07, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Kitchen Type: Galley
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X10, On Level: Main Level, Flooring: Carpet, Windows: None
  • Estimated Sq Ft: 655
  • Dining Room Type: L-shaped

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony
  • Exposure: N (North)

Garage/Parking

  • Number of Cars: 1
  • Parking: Space/s
  • Parking Details: Off Street
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Driveway: Asphalt
  • Parking Included In Price: Yes

Utilities

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

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Management: Self-Management
  • Pet Information: No Pets
  • Common Area Amenities: Coin Laundry, Elevator, Storage
  • Assessment Includes: Water, Parking, Common Insurance, Exercise Facilities, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 145
  • Management Contact Name: PAUL
  • Management Phone: 630-703-3842

Fee Information

  • Management Company: SELF MANAGED

Schools

  • School District: 202
  • Junior High Dist: 202

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds
  • Parcel Identification Number: 0811411039

Multi Family

  • Total Number Unitsin Building: 120
  • Number Stories: 5

Tax Info

  • Taxes: 298

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2015
Closed on
Sep 24, 2015
Sold by
Leazzo Barbara
Bought by
Burress Deborah
Seller's Agent
Richard Leazzo
RE/MAX Action
Buyer's Agent
Mary Wallace
Coldwell Banker Realty
List Price
$254,900
Sold Price
$44,500
Premium/Discount to List
-$210,400
-82.54%
Current Estimated Value
$145,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,251
Avg. Annual Appreciation
12.65%

Purchase Details

Closed on
Mar 12, 2009
Sold by
Roschay Therese M
Bought by
Declaration Roschay Therese M and Therese M Roschay Declaration Of Trust

Purchase Details

Closed on
Sep 18, 1997
Sold by
Krause Gary N and Krause Barbara
Bought by
Roschay Therese M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,900
Interest Rate
7.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 1996
Sold by
Fricke Nancy and Williams Doris K
Bought by
Krause Gary N and Krause Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,450
Interest Rate
7.86%
Mortgage Type
Purchase Money Mortgage
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
Burress Deborah $44,500 First American Title Ins Co
Declaration Roschay Therese M -- None Available
Roschay Therese M $54,500 Chicago Title Insurance Co
Krause Gary N $50,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roschay Therese M $40,900
Previous Owner Krause Gary N $45,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2015 09/25/15 Sold $44,500 -5.3% $68 / Sq Ft
08/11/2015 08/11/15 Pending -- -- --
07/20/2015 07/20/15 Price Changed $47,000 -10.5% $72 / Sq Ft
07/07/2015 07/07/15 Price Changed $52,500 -4.2% $80 / Sq Ft
07/01/2015 07/01/15 Price Changed $54,800 -0.2% $84 / Sq Ft
06/15/2015 06/15/15 Price Changed $54,900 -78.5% $84 / Sq Ft
06/15/2015 06/15/15 For Sale $254,900 -- $389 / 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 $1,177 $34,131 $3,758 $30,373
2023 $1,029 $31,150 $3,430 $27,720
2022 $857 $23,810 $2,620 $21,190
2021 $797 $22,910 $2,520 $20,390
2020 $749 $22,490 $2,470 $20,020
2019 $705 $21,510 $2,360 $19,150
2018 $401 $17,030 $1,870 $15,160
2017 $306 $15,480 $1,700 $13,780
2016 $616 $14,920 $1,640 $13,280
2015 $222 $14,050 $1,540 $12,510
2014 $225 $14,050 $1,540 $12,510
2013 $298 $15,130 $1,650 $13,480
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08954685

Midwest Real Estate Data (MRED)

APN: 08-11-411-039