NOT LISTED FOR SALE

5540 Walnut Ave Unit 17A Downers Grove, IL 60515

Belmont Neighborhood

Estimated Value: $183,000 - $197,000

2 Beds
1 Bath
900 Sq Ft
$185/ mo HOA Fee

Last Sold March 24, 2023

Last sale price $149,000 $166 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,414/month

1 Day on Market

Highlights

  • Fitness Center
  • Lock-and-Leave Community
  • Elevator
  • Lisle Elementary School Rated A-
  • Party Room
  • Balcony

About This Home

As of March 2023

Here is a spacious two bedroom, one bath "Countess" unit in the sought after Cameo Community. The unit has been freshly painted and updated for you, with fresh painted cabinetry and new hardware in kitchen area, which includes a portable dishwasher, a stove that is virtually like new, and a new refrigerator. New carpet throughout and quality laminate flooring compliment this clean, truly move-in-ready home. This unit has an additional in-unit storage/utility closet as well as another larger secured storage space on the same floor. There are common areas on each level with different amenities (such as a workout room, library, conference room and public restrooms). There are laundry units conveniently located on each floor. Assessments are normally $185 per month, but there is an additional assessed amount of $158.00 per month which is being collected for the roof that was replaced. The additional assessed amount will stop on: Dec 2024. Water, Garbage/Scavenger/Recycling, Common Insurance, Maintenance and Cleaning for General Areas are included in the monthly assessment. Cameo is a 55+ Adult Community where rentals, pets and balcony/patio grilling are strictly prohibited.

Last Agent to Sell the Property

Robert Petranek

Coldwell Banker Realty License #475169835 Listed on: 03/10/2023

Coldwell Banker Realty

Co-Listed By

Jill Petranek

Coldwell Banker Realty License #475158835

Last Buyer's Agent

Andrew Congenie

Compass License #475179829

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,390

Year Built

  • Built in 1967

Lot Details

  • 6.14

HOA Fees

  • $185 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 900 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room
  • Storage Room

Kitchen

  • Range
  • Microwave
  • Portable Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Home Security

Parking

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

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heating Available
  • 100 Amp Service

Community Details

Overview

  • Association fees include parking, insurance, security, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
  • 119 Units
  • Robert Petranek Association, Phone Number (630) 913-7861
  • Countess
  • Property managed by Coldwell Banker Realty
  • Lock-and-Leave Community

Amenities

  • Common Area
  • Party Room
  • Workshop Area
  • Laundry Facilities
  • No Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,390

Year Built

Built in 1967

Lot Details

6.14 Acres

HOA Fees

$185 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: 1967
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Interstate Access,Adult Community
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • New Construction Y/N: No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Range, Microwave, Portable Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Storage
  • LivingArea: 900
  • Room Type: Storage
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 0
  • Door Features: Sliding Glass Door(s)
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Balcony, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Lot Features: Common Grounds
  • OtherStructures: None
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Electric
  • Laundry Features: None
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 185
  • Association Amenities: Elevator(s), Exercise Room, Storage, On Site Manager/Engineer, Party Room, Security Door Lock(s), Ceiling Fan, Laundry, Elevator(s), Workshop Area
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee Frequency: Not Required
  • Management Company: Coldwell Banker Realty
  • Management Contact Name: Robert Petranek
  • Management Phone: 630-913-7861
  • ResoAssociationFeeFrequency: Monthly

Fee Information

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: COMMON
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 1389.66
  • Tax Year: 2021

Multi Family

  • Units in Building: 119

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2023
Closed on
Mar 21, 2023
Sold by
Haviland James E
Bought by
Sullivan Colleen
Seller's Agent
Robert Petranek
Coldwell Banker Realty
Buyer's Agent
Andrew Congenie
Compass
List Price
$149,000
Sold Price
$149,000
Views
103
Current Estimated Value
$190,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,037
Avg. Annual Appreciation
8.48%

Purchase Details

Closed on
May 5, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Haviland James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,200
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2017
Sold by
Price Margaret
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Feb 20, 2013
Sold by
Elizabeth Colant Margaret Price and Colant Anthony W
Bought by
Price Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2005
Sold by
Hudzik Richard F
Bought by
Price Margaret and Colant Anthony

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
5.91%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Sullivan Colleen $149,000 First American Title
Haviland James E $24,666 Attorenys Title Guaranty Fun
Federal Home Loan Mortgage Corporation -- Attorney
Price Margaret -- None Available
Price Margaret $110,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Haviland James E $59,200
Previous Owner Price Margaret $80,500
Previous Owner Price Margaret $88,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2023 03/24/23 Sold $149,000 0.0% $166 / Sq Ft
03/12/2023 03/12/23 Pending -- -- --
03/10/2023 03/10/23 For Sale $149,000 -- $166 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $2,553 $47,323 $6,903 $40,420
2023 $2,391 $43,190 $6,300 $36,890
2022 $1,473 $33,020 $4,820 $28,200
2021 $1,390 $31,770 $4,640 $27,130
2020 $1,317 $31,200 $4,560 $26,640
2019 $1,264 $29,850 $4,360 $25,490
2018 $840 $23,630 $3,450 $20,180
2017 $1,059 $21,480 $3,130 $18,350
2016 $1,015 $20,710 $3,020 $17,690
2015 $619 $19,500 $2,840 $16,660
2014 $626 $19,500 $2,840 $16,660
2013 $724 $21,020 $3,060 $17,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11730528

Midwest Real Estate Data (MRED)

APN: 08-11-412-017

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