NOT LISTED FOR SALE

5400 Walnut Ave Unit 803 Downers Grove, IL 60515

Belmont Neighborhood

Estimated Value: $233,257

2 Beds
2 Baths
1,019 Sq Ft
$295/mo HOA Fee

Last Sold October 14, 2022

Last sale price $189,000 $185 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,880/month

7 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Resident Manager or Management On Site
  • Lisle Elementary School Rated A-
  • Living Room
  • Storage

About This Home

As of October 2022

Seldom available, 8th floor penthouse unit! Gorgeous!! Dark Hardwood throughout, brand new carpet will be added to both bedrooms, freshly painted, and ceiling fans in the living room and in both bedrooms. New and very insulated windows "Classic Blinds Included"! Newly remodeled balcony. New HVAC and Ecobee temperature control as well as tank less water heater. 5.1 surround sound wiring. Kitchen has Beautiful, classic craftsman cherry-wood cabinets with crown molding, granite countertops, brand new oven, and dishwasher. Recessed lighting with infra/red controls throughout living and kitchen. Arched doors and window trim throughout the unit. Both bathrooms are freshly painted, tile floors and new shower curtain rods. Laundry room and garbage chute are steps away on unit floor. Storage room on balcony as well as in the basement. Condo wired for high-speed internet. Conveniently located near I 355, 88, the Metra train and Pace Bus.

Last Agent to Sell the Property

Sharrie Weatherspoon

Coldwell Banker Realty License #475202948 Listed on: 09/06/2022

Coldwell Banker Realty

Last Buyer's Agent

Julie Mara

Baird & Warner License #475127075

Baird & Warner

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,627

Year Built

  • Built in 1979 | Remodeled in 2013

Lot Details

  • 8

HOA Fees

  • $295 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1,019 Sq Ft Home
  • Ceiling Fan
  • Insulated Windows
  • Blinds
  • Living Room
  • Combination Kitchen and Dining Room
  • Storage
  • Wood Flooring
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Parking

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

Utilities

  • Central Air
  • Heating Available
  • Lake Michigan Water
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, security, exterior maintenance, lawn care, scavenger, snow removal
  • 119 Units
  • Customer Service Association, Phone Number (847) 490-3833
  • Property managed by Associa of Chicagoland
  • 8-Story Property

Amenities

  • Laundry Facilities
  • Lobby

Pet Policy

  • Limit on the number of pets
  • Cats Allowed

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,627

Year Built

Built in 1979 | Remodeled in 2013

Lot Details

0

HOA Fees

$295 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: 1979
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 8
  • Rehab Year: 2013
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8
  • Year Renovated: 2013

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Hardwood Floors, Storage, Drapes/Blinds, Granite Counters, Lobby, Pantry
  • LivingArea: 1019
  • Other Equipment: TV-Cable, Ceiling Fan(s), Water Heater-Electric
  • Room Type: No additional rooms
  • Stories Total: 8
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1019
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Door Features: Panel Door(s),Sliding Glass Door(s)
  • Window Features: Blinds,Insulated Windows
  • ResoLivingAreaSource: Other

Exterior Features

  • List Price: 187500
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Number Limit
  • Association Fee: 295
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee Frequency: Not Required
  • Management Company: Associa of Chicagoland
  • Management Contact Name: Customer Service
  • Management Phone: 847-490-3833
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Security, 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: Yes

Tax Info

  • Tax Annual Amount: 2626.78
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 119

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2022
Closed on
Oct 14, 2022
Sold by
Kladis Dimitirs
Bought by
Vitson James and Vitson Robyn S
Seller's Agent
Sharrie Weatherspoon
Coldwell Banker Realty
Buyer's Agent
Julie Mara
Baird & Warner
List Price
$187,500
Sold Price
$189,000
Premium/Discount to List
$1,500
0.8%
Current Estimated Value
$233,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,257
Avg. Annual Appreciation
4.63%
Original Mortgage
$170,100
Outstanding Balance
$164,995
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$49,654

Purchase Details

Closed on
May 12, 2008
Sold by
Cashman Thomas J and Cashman Gina M
Bought by
Kladis Dimitris

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,600
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 23, 2007
Sold by
Filas Joseph
Bought by
Cashman Thomas J and Cashman Gina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,200
Interest Rate
6.72%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Vitson James $189,000 Burnet Title
Kladis Dimitris $164,000 First American Title
Cashman Thomas J $124,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vitson James $170,100
Previous Owner Kladis Dimitris $147,600
Previous Owner Cashman Thomas J $99,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $189,000 +0.8% $185 / Sq Ft
09/14/2022 09/14/22 Pending -- -- --
09/06/2022 09/06/22 For Sale $187,500 -- $184 / 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 $3,551 $54,697 $6,826 $47,871
2023 $3,391 $49,920 $6,230 $43,690
2022 $2,730 $40,800 $5,090 $35,710
2021 $2,627 $39,260 $4,900 $34,360
2020 $2,513 $38,550 $4,810 $33,740
2018 $2,102 $31,600 $3,940 $27,660
2017 $1,965 $28,730 $3,580 $25,150
2016 $1,911 $27,690 $3,450 $24,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11622380

Midwest Real Estate Data (MRED)

APN: 08-11-416-107