NOT LISTED FOR SALE

5400 Walnut Ave Unit 806 Downers Grove, IL 60515

Belmont Neighborhood

Estimated Value: $205,000 - $218,000

2 Beds
2 Baths
1,019 Sq Ft
$259/mo HOA Fee

Last Sold February 16, 2016

Last sale price $116,000 $114 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,659/month

140 Days on Market

Highlights

  • Balcony
  • Attached Garage
  • Forced Air Heating and Cooling System
  • Lisle Elementary School Rated A-
  • Property is near a bus stop
  • Heated Garage

About This Home

As of February 2016

Chicago skyline views await you from this updated PENTHOUSE Unit! The best of the best in The Terraces, this beauty has an eastern exposure with forever views, a heated garage spot, and is on the 8 th floor. It's the TRIFECTA in The Terraces! Only 8th floor units have the ability to install ceiling fans and surround sound! Private Master Bedroom Bath and 14 feet of closet space! Tastefully decorated. Enjoy new furnace and AC, new carpet in bedroom, newer kitchen and bath. Super convenient location with immediate access to I355, I88, and I55. 5 minute commuter bus ride to Metra, then only 30 minutes to Union Station. Deeded garage spot #1. PIN 0811416120 2013 RE tax $302.

Last Agent to Sell the Property

Cheryl Wegner

Coldwell Banker Realty Listed on: 08/25/2015

Last Buyer's Agent

Georgianne Stillo

Real People Realty License #475101816

Real People Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,219

Year Built

  • 1979

Lot Details

  • 7.93

HOA Fees

  • $259 per month

Parking

  • Attached Garage
  • Heated Garage
  • Parking Available
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price
  • Zoned Parking Permit
  • Garage Is Owned
  • Unassigned Parking

Home Design

  • Brick Exterior Construction
  • Flexicore

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Laminate Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Lake Michigan Water
  • Cable TV Available

Additional Features

  • Balcony
  • East or West Exposure
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Security

  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,219

Year Built

1979

Lot Details

0

HOA Fees

$259 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Unit Floor Level: 8
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1979
  • Tax Exemptions: Homeowner
  • Type Attached: Condo, High Rise (7+ Stories)
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 8
  • Year Built: 1979

Interior Features

  • Interior Property Features: Elevator, Wood Laminate Floors, Flexicore
  • Number Of Rooms: 5
  • Living Room: Dimensions: 17X12, On Level: Main Level, Flooring: Wood Laminate
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator
  • Equipment: TV-Cable, Security System, Intercom, Ceiling Fan
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 10X07, On Level: Main Level, Flooring: Wood Laminate, Windows: None
  • Kitchen Type: Dimensions: 10X10, On Level: Main Level, Flooring: Wood Laminate, Windows: None
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 17X11, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1019

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony, Storms/Screens, Cable Access
  • Exposure: E (East)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage, Space/s
  • Parking Details: Unassigned, Zoned Permit
  • Number Parking Spaces: 1
  • Parking On Site: Yes
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Pet Count Limitation
  • Common Area Amenities: Bike Room/Bike Trails, Coin Laundry, Elevator, Storage, Party Room, Receiving Room, Security Door Locks
  • Assessment Includes: Water, Common Insurance, Clubhouse, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 259
  • Management Contact Name: David Worley
  • Management Phone: 630-897-0500X1827

Fee Information

  • Management Company: Baum Property Management

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
  • Parcel Identification Number: 0811416110

Multi Family

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

Tax Info

  • Taxes: 1905

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2015
Closed on
Feb 16, 2016
Sold by
Raap Bernard and Raap Beth
Bought by
Chicago Title Land Trust Company and Trust #8002363912
Seller's Agent
Cheryl Wegner
Coldwell Banker Realty
Buyer's Agent
Georgianne Stillo
Real People Realty
List Price
$128,000
Sold Price
$116,000
Premium/Discount to List
-$12,000
-9.38%
Current Estimated Value
$213,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,213
Avg. Annual Appreciation
5.96%

Purchase Details

Closed on
Nov 21, 2011
Sold by
Raap Bernard and Raap Beth
Bought by
Raap Bernard and Raap Beth

Purchase Details

Closed on
Feb 26, 2009
Sold by
Kennard Lorene
Bought by
Raap Bernard and Raap Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2005
Sold by
Mazhuvancheril Simon
Bought by
Kennard Lorene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,750
Interest Rate
6.48%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 17, 1998
Sold by
Jelinek Richard and Jelinek Marion C
Bought by
Mazhuvancheril Simon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 1994
Sold by
Jelinek Richard and Jelinek Marion C
Bought by
Jelinek Richard and Jelinek Marion C
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
Chicago Title Land Trust Company $116,000 Attorney
Raap Bernard -- None Available
Raap Bernard $148,000 Law Title Insurance
Kennard Lorene $147,000 Preferred Title Ins Agency
Mazhuvancheril Simon $80,000 --
Jelinek Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Raap Bernard $111,000
Previous Owner Kennard Lorene $96,750
Previous Owner Mazhuvancheril Simon $57,000
Previous Owner Mazhuvancheril Simon $53,000
Previous Owner Mazhuvancheril Simon $72,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2016 02/16/16 Sold $116,000 -9.4% $114 / Sq Ft
01/12/2016 01/12/16 Pending -- -- --
08/25/2015 08/25/15 For Sale $128,000 -- $126 / 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 $3,219 $57,579 $7,210 $50,369
2023 $3,026 $52,550 $6,580 $45,970
2022 $2,472 $42,950 $5,380 $37,570
2021 $2,364 $41,330 $5,180 $36,150
2020 $2,255 $40,590 $5,090 $35,500
2019 $2,202 $38,830 $4,870 $33,960
2018 $1,481 $33,270 $4,170 $29,100
2017 $1,316 $30,250 $3,790 $26,460
2016 $1,297 $29,150 $3,650 $25,500
2015 $1,562 $27,450 $3,440 $24,010
2014 $1,580 $27,450 $3,440 $24,010
2013 $1,905 $32,380 $4,060 $28,320
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Cheryl Wegner

    Coldwell Banker Realty

    Section Image
  • Georgianne Stillo

    Buyer's Agent in 2016

    Georgianne Stillo

    Real People Realty

    (708) 421-9000

    16 Total Sales

    Georgianne Stillo
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09021393

Midwest Real Estate Data (MRED)

APN: 08-11-416-110

Illinois DuPage County Downers Grove 60515 Belmont

5400 Walnut Ave Unit 806, Downers Grove, IL

This home is located at 5400 Walnut Ave Unit 806, Downers Grove, IL 60515 since 25 August 2015 and is currently estimated at $213,213, approximately $209 per square foot. This property was built in 1979. 5400 Walnut Ave Unit 806 is a home located in DuPage County with nearby schools including Lisle Elementary School, Lisle Jr High School, and Lisle High School.

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