NOT LISTED FOR SALE

5400 Walnut Ave Unit 306 Downers Grove, IL 60515

Belmont Neighborhood

Estimated Value: $203,090 - $219,000

2 Beds
2 Baths
1,019 Sq Ft
7.93 Acre Lot

Sale Details

Date Sold: October 21, 2022

Last sale price $153,000 $150 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,698 / mo

17 Days on Market

Highlights

  • Lock-and-Leave Community
  • Party Room
  • 1 Car Attached Garage
  • Lisle Elementary School Rated A-
  • Elevator
  • Living Room

About This Home

As of October 2022

Extremely well maintained 2 bedroom 2 bathroom condo with east exposure and rare heated garage parking spot (#3)! Spacious bedrooms and ample storage with large closets throughout and an additional storage unit in the basement. Convenient access to two laundry rooms on the same floor. HVAC is 8 years old, stainless steal kitchen appliances are 6 years old, and hot water tank 2 years old. Conveniently located near I-355, I-88, I-55, and Burlington Metra train station & bus stop. Seller is motivated!

Last Agent to Sell the Property

Christina Corso

Compass License #475184001 Listed on: 09/03/2022

Compass

Last Buyer's Agent

Alejandro Bravo

eXp Realty License #475181909

eXp Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,670

Year Built

  • Built in 1979

Lot Details

  • Additional Parcels

HOA Fees

  • $304 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,019 Sq Ft Home
  • Living Room
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 119 Units
  • Manager Association, Phone Number (847) 490-3833
  • Terraces Subdivision
  • Property managed by Associa Chicagoland
  • Lock-and-Leave Community
  • 8-Story Property

Amenities

  • Party Room
  • Coin Laundry
  • Elevator
  • Community Storage Space

Recreation

  • Bike Trail

Pet Policy

  • Limit on the number of pets
  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,670

Year Built

Built in 1979

Lot Details

7.93 Acres

HOA Fees

$304 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Terraces
  • Year Built: 1979
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 3
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1019
  • Room Type: No additional rooms
  • Stories Total: 8
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Common Area
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Number Limit
  • Association Fee: 304
  • Association Amenities: Bike Room/Bike Trails, Coin Laundry, Elevator(s), Storage, Party Room, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Associa Chicagoland
  • Management Contact Name: Manager
  • Management Phone: 847-490-3833
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 2670.28
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 119

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2022
Closed on
Oct 12, 2022
Sold by
Bought by
Seller's Agent
Christina Corso
Compass
Buyer's Agent
Alejandro Bravo
eXp Realty
List Price
$168,000
Sold Price
$153,000
Premium/Discount to List
-$15,000
-8.93%
Current Estimated Value
$209,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,363
Avg. Annual Appreciation
8.92%
Original Mortgage
$145,350
Outstanding Balance
$140,637
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$68,726

Purchase Details

Closed on
Aug 19, 1997
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$153,000 Chicago Tide Insurance Company
$81,500 Attorneys Title Guaranty Fun
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $145,350
Previous Owner $61,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/21/2022 10/21/22 Sold $153,000 -7.3% $150 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
09/19/2022 09/19/22 Price Changed $165,000 -1.8% $162 / Sq Ft
09/03/2022 09/03/22 For Sale $168,000 -- $165 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,151 $56,538 $6,815 $49,723
2023 $2,962 $51,600 $6,220 $45,380
2022 $2,420 $42,170 $5,080 $37,090
2021 $2,314 $40,580 $4,890 $35,690
2020 $2,207 $39,850 $4,800 $35,050
2019 $2,155 $38,120 $4,590 $33,530
2018 $1,773 $32,660 $3,930 $28,730
2017 $1,620 $29,690 $3,570 $26,120
2016 $1,561 $28,620 $3,440 $25,180
2015 $1,526 $26,950 $3,240 $23,710
2014 $1,543 $26,950 $3,240 $23,710
2013 $1,862 $31,780 $3,820 $27,960
Source: Public Records

Agents Affiliated with this Home

  • Christina Corso

    Seller's Agent in 2022

    Christina Corso

    Compass

    (815) 922-0459

    1 in this area

    26 Total Sales

    Christina Corso
    Section Image
  • Alejandro Bravo

    Buyer's Agent in 2022

    Alejandro Bravo

    eXp Realty

    (773) 956-3998

    1 in this area

    99 Total Sales

    Alejandro Bravo
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11619994

Midwest Real Estate Data (MRED)

APN: 08-11-416-035

Illinois DuPage County Downers Grove 60515 Belmont

5400 Walnut Ave Unit 306, Downers Grove, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.