NOT LISTED FOR SALE

5520 Belmont Rd Unit 1A Downers Grove, IL 60515

Belmont Neighborhood

Estimated Value: $146,000 - $291,000

2 Beds
1 Bath
861 Sq Ft
$188/mo HOA Fee

Last Sold November 05, 2021

Last sale price $105,000 $122 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $1,467/month

27 Days on Market

Highlights

  • Accessibility Features
  • Henry Puffer School Rated A-
  • Combination Kitchen and Dining Room

About This Home

As of November 2021

Very Rarely Available, Ground Level, 2 Bedroom Condo At Highly Desired Pinewood In A Prime Location Blocks From The Metra Station & Minutes Drive To Highways & Downtown! Updated Thermopane Windows And Sliding Glass Door Lead To 10' X 5' Covered Patio! 2 Separate Entry Doors, Professionally Painted, Brand New Carpet, Brand New Window Blinds, Brand New Dishwasher & Vent Fan. Beautiful, Updated Maple Cabinets, Deep Stainless Steel Sink & Faucet! Master Bedroom With Spacious Double Closet. Updated Bathroom Vanity & Toilet. Central A/C & Forced Air Heating System. Storage & Laundry Rooms Steps Away. Quiet Building With Low Association Fees. New Roof In 2019. Low Taxes & Monthly Assessment.

Last Agent to Sell the Property

Rusty Clements

Baird & Warner License #475132823 Listed on: 09/16/2021

Baird & Warner

Last Buyer's Agent

Jennifer Citro

@properties Christie's International Real Estate License #475135806

@properties Christie's International Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,062

Year Built

  • 1973

Lot Details

  • 0.68

HOA Fees

  • $188 per month

Home Design

  • Brick Exterior Construction

Parking

  • Uncovered Parking
  • On-Site Parking
  • Parking Included in Price

Additional Features

  • Combination Kitchen and Dining Room
  • Accessibility Features

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 12 Units
  • Mark Young Association
  • Low-Rise Condominium

Pet Policy

  • Pets Allowed
  • Pets up to 25 lbs

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,062

Year Built

1973

Lot Details

0

HOA Fees

$188 per month

Listing Details

  • Property Type: Attached Single
  • Property Type: Residential
  • Type Attached: Condo,Low Rise (1-3 Stories)
  • Property Sub Type: Condo,Low Rise (1-3 Stories)
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Directions: Maple To Belmont, South To Building On West Side Of Street.
  • Lot Size: COMMON
  • Master Model: FIRST FLOOR CONDO
  • New Construction: No
  • Ownership: Condo
  • Subdivision Name: Pinewood
  • Special Features: None
  • Year Built: 1973

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Range Hood
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 861
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Accessibility Features: Main Level Entry
  • Full Bathrooms: 1
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: First Floor Bedroom, First Floor Full Bath, Dining Combo, Drapes/Blinds
  • Other Equipment: Security System, Intercom
  • Dining Room Type: Foyer
  • Stories: 3

Exterior Features

  • Exterior Building Type: Brick
  • Waterfront: No

Garage/Parking

  • Parking Features: Unassigned
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Total Parking Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • Sewer: Public Sewer
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Management: Self-Management
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Mark Young
  • Management Phone: 000-000-0000X00000
  • Amenities: Coin Laundry, Storage, Security Door Lock(s)
  • Association Fee: 188
  • Association Fee Frequency: Monthly
  • Pets Allowed: Cats OK, Dogs OK, Size Limit

Fee Information

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

Schools

  • Elementary School: Henry Puffer School
  • High School: North High School
  • Junior High Dist: 99
  • Middle Or Junior School: Herrick Middle School

Lot Info

  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 25

Multi Family

  • Units in Building: 12

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 1605.44
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Nov 5, 2021
Sold by
Blum Glen L and Blum Vivian M
Bought by
Spetter Denise B and Spetter Donald A
Seller's Agent
Rusty Clements
Baird & Warner
Buyer's Agent
Jennifer Citro
@properties Christie's International Real Estate
List Price
$120,000
Sold Price
$105,000
Premium/Discount to List
-$15,000
-12.5%
Current Estimated Value
$204,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,655
Avg. Annual Appreciation
18.63%

Purchase Details

Closed on
Dec 7, 1993
Sold by
Friling John and Friling Elaine
Bought by
Blum Steven M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,675
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
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
Spetter Denise B $105,000 Chicago Title
Blum Steven M $56,500 First American Title Insuran
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blum Steven M $67,000
Previous Owner Blum Steven M $74,100
Previous Owner Blum Steven M $75,000
Previous Owner Blum Steven M $53,675
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $105,000 -12.5% $122 / Sq Ft
10/14/2021 10/14/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $120,000 -- $139 / 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 $2,062 $44,650 $9,774 $34,876
2023 $1,921 $40,750 $8,920 $31,830
2022 $1,820 $37,560 $8,220 $29,340
2021 $1,636 $36,140 $7,910 $28,230
2020 $1,605 $35,490 $7,770 $27,720
2019 $1,534 $33,950 $7,430 $26,520
2018 $1,422 $31,450 $6,880 $24,570
2017 $1,375 $30,390 $6,650 $23,740
2016 $1,350 $29,290 $6,410 $22,880
2015 $1,320 $27,590 $6,040 $21,550
2014 $1,552 $30,650 $6,710 $23,940
2013 $1,530 $30,730 $6,730 $24,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11220790

Midwest Real Estate Data (MRED)

APN: 08-13-215-001