NOT LISTED FOR SALE

5400 Walnut Ave Unit 709 Downers Grove, IL 60515

Belmont Neighborhood

Estimated Value: $158,000 - $201,000

1 Bed
1 Bath
664 Sq Ft
$202/mo HOA Fee

Last Sold March 23, 2021

Last sale price $115,000 $173 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,270/month

32 Days on Market

Highlights

  • Lock-and-Leave Community
  • Clubhouse
  • Balcony
  • Lisle Elementary School Rated A-
  • Elevator
  • Attached Garage

About This Home

As of March 2021

This home is located at 5400 Walnut Ave Unit 709, Downers Grove, IL 60515 since 20 January 2021 and is currently estimated at $172,346, approximately $259 per square foot. This property was built in 1978. 5400 Walnut Ave Unit 709 is a home located in DuPage County with nearby schools including Lisle Elementary School, Lisle Jr High School, and Lisle High School.

Last Agent to Sell the Property

Paulie Hauppa

Worth Clark Realty License #475183366 Listed on: 01/20/2021

Worth Clark Realty

Last Buyer's Agent

Laura Catrambone-Gerace

Coldwell Banker Stratford Place License #471019032

Coldwell Banker Stratford Place

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,212

Year Built

  • Built in 1978 | Remodeled in 2017

Lot Details

  • 7.93

HOA Fees

  • $202 Monthly HOA Fees

Home Design

  • 664 Sq Ft Home
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • Attached Garage
  • Unassigned Parking

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water

Additional Features

  • Laundry in multiple locations
  • Balcony

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

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

Amenities

  • Clubhouse
  • Party Room
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Pet Policy

  • Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,212

Year Built

Built in 1978 | Remodeled in 2017

Lot Details

0

HOA Fees

$202 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1978
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 7
  • Rehab Year: 2017
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8
  • Year Renovated: 2017

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • LivingArea: 664
  • Room Type: Walk In Closet
  • Stories Total: 8
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 664
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Balcony
  • List Price: 115000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK
  • Association Fee: 202
  • Association Amenities: Elevator(s), Storage, Party Room, Security Door Lock(s), Clubhouse, Laundry, Intercom
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Associa Chicagoland
  • Management Contact Name: Associa Chicagoland
  • Management Phone: 847-490-3833
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Schools

  • Middle/Junior School District: 202

Lot Info

  • Lot Dimensions: COMMON
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 1212.16
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 119

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2021
Closed on
Mar 17, 2021
Sold by
Lutz Kyle and Lutz Lindsey Marie
Bought by
Pelland Jack and Pelland Deborah
Seller's Agent
Paulie Hauppa
Worth Clark Realty
Buyer's Agent
Laura Catrambone-Gerace
Coldwell Banker Stratford Place
List Price
$115,000
Sold Price
$115,000
Current Estimated Value
$172,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,346
Avg. Annual Appreciation
7.19%
Original Mortgage
$109,250
Outstanding Balance
$99,087
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$57,879

Purchase Details

Closed on
Sep 25, 2017
Sold by
Dinardo Thomas and Dinardo Josette
Bought by
Lutz Kyle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,525
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2017
Sold by
Federal National Mortgage Association
Bought by
Dinardo Thomas

Purchase Details

Closed on
Jan 23, 2017
Sold by
Williams Eric M and Williams Anne Marie
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 21, 2006
Sold by
Rog Michal
Bought by
Williams Eric M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,120
Interest Rate
6.42%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 13, 2005
Sold by
Gray Brian V
Bought by
Rog Michal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,200
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 22, 1998
Sold by
Orrico Scott
Bought by
Gray Brian V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,400
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 1994
Sold by
Giacopelli Gina and Giacopelli Gina Lyn
Bought by
Orrico Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,650
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pelland Jack $115,000 Attorney
Lutz Kyle -- Attorney
Dinardo Thomas $66,000 Attorneys Title Guaranty Fun
Federal National Mortgage Association -- Attorney
Williams Eric M $119,000 Multiple
Rog Michal $98,000 --
Gray Brian V $52,000 First American Title
Orrico Scott $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pelland Jack $109,250
Previous Owner Lutz Kyle $94,525
Previous Owner Williams Eric M $95,120
Previous Owner Williams Eric M $23,780
Previous Owner Rog Michal $88,200
Previous Owner Gray Brian V $49,400
Previous Owner Orrico Scott $44,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2021 03/23/21 Sold $115,000 0.0% $173 / Sq Ft
02/21/2021 02/21/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $115,000 0.0% $173 / Sq Ft
01/31/2021 01/31/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $115,000 -- $173 / 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 $1,798 $35,698 $5,216 $30,482
2023 $1,670 $32,580 $4,760 $27,820
2022 $1,380 $26,630 $3,890 $22,740
2021 $1,313 $25,620 $3,740 $21,880
2020 $1,249 $25,160 $3,670 $21,490
2019 $1,212 $24,070 $3,510 $20,560
2018 $973 $20,630 $3,010 $17,620
2017 $873 $18,760 $2,740 $16,020
2016 $834 $18,080 $2,640 $15,440
2015 $803 $17,030 $2,490 $14,540
2014 $812 $17,030 $2,490 $14,540
2013 $1,017 $20,080 $2,940 $17,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10974940

Midwest Real Estate Data (MRED)

APN: 08-11-416-098