NOT LISTED FOR SALE

5400 Walnut Ave Unit 113 Downers Grove, IL 60515

Belmont Neighborhood

Estimated Value: $147,000 - $216,337

2 Beds
2 Baths
1,019 Sq Ft
$229/mo HOA Fee

Last Sold September 14, 2016

Last sale price $93,500 $92 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $1,522/month

158 Days on Market

Highlights

  • Balcony
  • Breakfast Bar
  • Central Air
  • Lisle Elementary School Rated A-
  • Storage
  • Senior Tax Exemptions

About This Home

As of September 2016

Fantastic condo in Downers Grove, very close to 355! The condo is on the first floor, so no stairs! The condo features 2 bedrooms and 2 baths, separate eating area. Great balcony perfect for watching the sunset! First floor laundry. Two parking spots, locked storage in basement. Owner has paid for updated Balcony Project in full!

Last Agent to Sell the Property

Kimberly Carlson

Durante & Rich Real Estate License #475162311 Listed on: 03/03/2016

Co-Listed By

Rich Durante

Durante & Rich Real Estate License #471005836

Last Buyer's Agent

Kevin Fisher

Coldwell Banker Realty License #475153568

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,936

Year Built

  • 1979

Lot Details

  • 7.93

HOA Fees

  • $229 per month

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Rolled Roof

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Storage
  • Door Monitored By TV

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Parking

  • Parking Available
  • Parking Included in Price
  • Unassigned Parking

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water

Additional Features

  • Balcony
  • East or West Exposure

Community Details

  • Common Area

Listing and Financial Details

  • Senior Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,936

Year Built

1979

Lot Details

0

HOA Fees

$229 per month

Listing Details

  • Property Type: Attached Single
  • Disability Access: Yes
  • Disability Access Details: Other - See Remarks
  • Unit Floor Level: 1
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1979
  • Tax Exemptions: Senior
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8
  • Year Built: 1979

Interior Features

  • Interior Property Features: Elevator, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 17X13, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Equipment: Security System, Intercom
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 10X8, On Level: Main Level, Flooring: Carpet, Windows: None
  • Kitchen Type: Dimensions: 10X10, On Level: Main Level, Flooring: Vinyl, Windows: None
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 17X11, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X11, On Level: Lower, Flooring: Carpet
  • Estimated Sq Ft: 1019
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Rolled)
  • Exterior Property Features: Balcony, Door Monitored By TV
  • Exposure: W (West)

Garage/Parking

  • Number of Cars: 2
  • Parking: Space/s
  • Parking Details: Unassigned
  • 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: Electric

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: No Pets
  • Common Area Amenities: Bike Room/Bike Trails, Coin Laundry, Elevator, Storage, Party Room, Security Door Locks
  • Assessment Includes: Water, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 229
  • Management Contact Name: Kelly
  • Management Phone: 630-960-5891

Fee Information

  • Management Company: Terraces Condo Assoc

Schools

  • School District: 202
  • Elementary School: SCHIESHER/TATE WOODS ELEMENTARY
  • Middle School: LISLE JUNIOR HIGH SCHOOL
  • High School: LISLE HIGH SCHOOL
  • Junior High Dist: 202

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds
  • Parcel Identification Number: 0811416012

Multi Family

  • Total Number Unitsin Building: 119
  • Number Stories: 8

Tax Info

  • Taxes: 1426.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2016
Closed on
Sep 9, 2016
Sold by
Nicole Joyce A
Bought by
Palait James
Seller's Agent
Kimberly Carlson
Durante & Rich Real Estate
Buyer's Agent
Kevin Fisher
Coldwell Banker Realty
List Price
$112,900
Sold Price
$93,500
Premium/Discount to List
-$19,400
-17.18%
Current Estimated Value
$192,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,334
Avg. Annual Appreciation
8.71%
Original Mortgage
$68,500
Outstanding Balance
$55,771
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$141,979

Purchase Details

Closed on
Jul 12, 2004
Sold by
Nicole Rita M
Bought by
Nicole Joyce A and Rita M Nicole Irrevocable Living Trust

Purchase Details

Closed on
Sep 20, 2001
Sold by
Rogan Mary Ann
Bought by
Nicole Rita M
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
Palait James $93,500 First American Title Company
Nicole Joyce A -- --
Nicole Rita M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palait James $68,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2016 09/14/16 Sold $93,500 -6.4% $92 / Sq Ft
08/08/2016 08/08/16 Pending -- -- --
06/11/2016 06/11/16 Price Changed $99,900 -7.4% $98 / Sq Ft
04/20/2016 04/20/16 Price Changed $107,900 -4.4% $106 / Sq Ft
03/03/2016 03/03/16 For Sale $112,900 -- $111 / 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 $2,936 $53,218 $6,245 $46,973
2023 $2,756 $48,570 $5,700 $42,870
2022 $2,255 $39,700 $4,660 $35,040
2021 $2,154 $38,190 $4,480 $33,710
2020 $2,054 $37,500 $4,400 $33,100
2019 $2,004 $35,880 $4,210 $31,670
2018 $1,646 $30,750 $3,610 $27,140
2017 $1,501 $27,950 $3,280 $24,670
2016 $1,445 $26,940 $3,160 $23,780
2015 $1,411 $25,370 $2,980 $22,390
2014 $1,426 $25,370 $2,980 $22,390
2013 $1,727 $29,920 $3,520 $26,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09154657

Midwest Real Estate Data (MRED)

APN: 08-11-416-012