NOT LISTED FOR SALE

5540 Walnut Ave Unit 23B Downers Grove, IL 60515

Belmont Neighborhood

Estimated Value: $114,000 - $209,997

2 Beds
1.5 Baths
1,060 Sq Ft
$390/mo HOA Fee

Last Sold August 21, 2023

Last sale price $150,000 $142 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,549/month

17 Days on Market

Highlights

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

About This Home

As of August 2023

55+ Community End Unit ! Featuring 2 Beds 1.5 Bath .. Living Room and Bedroom Have Sliding Doors Leading Out To The Huge 6 x 22 End Unit Balcony ! Cozy Kitchen and Dining Room .. .Large Living Room With Plenty Of Natural Light.. Furnace 2020, Hot Water Heater 2019..Laundry On Same Floor .. No Rentals Allowed .. Secure Building With Many Amenities including Exercise Room , Library, Puzzle Room And Cozy Sitting Areas ..

Last Agent to Sell the Property

Chris French

Coldwell Banker Real Estate Group License #475123254 Listed on: 07/02/2023

Coldwell Banker Real Estate Group

Co-Listed By

Michael Greutman

Coldwell Banker Real Estate Group License #475167445

Last Buyer's Agent

Debbye Tyler

United Real Estate - Chicago License #471020477

United Real Estate - Chicago

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,641

Year Built

  • Built in 1967

Lot Details

  • 6

HOA Fees

  • $390 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,060 Sq Ft Home
  • 4-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Parking

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

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, exercise facilities, lawn care, scavenger, snow removal
  • 120 Units
  • Judy Duhai Association, Phone Number (630) 969-6940
  • Cameo West Subdivision
  • Lock-and-Leave Community

Amenities

  • Party Room
  • Coin Laundry
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,641

Year Built

Built in 1967

Lot Details

0

HOA Fees

$390 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Cameo West
  • Year Built: 1967
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Adult Community
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1060
  • Room Type: Balcony/Porch/Lanai
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1060
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 155000
  • 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: Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 390
  • Association Amenities: Coin Laundry, Elevator(s), Exercise Room, Storage, Party Room, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Judy Duhai
  • Management Phone: 630-969-6940
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Exercise Facilities, Lawn Care, Scavenger, Snow Removal

Schools

  • Middle/Junior School District: 202

Lot Info

  • 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: 1641.24
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2023
Closed on
Aug 7, 2023
Sold by
Donald E & Germaine E Walker Family Trus
Bought by
Connelly Robert J
Seller's Agent
Chris French
Coldwell Banker Real Estate Group
Buyer's Agent
Debbye Tyler
United Real Estate - Chicago
List Price
$155,000
Sold Price
$150,000
Premium/Discount to List
-$5,000
-3.23%
Views
423
Current Estimated Value
$175,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,249
Avg. Annual Appreciation
6.85%
Original Mortgage
$100,000
Outstanding Balance
$98,253
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$72,654

Purchase Details

Closed on
Nov 12, 2008
Sold by
Walker Donald E and Walker Germaine E
Bought by
Walker Donald E and Walker Germaine E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Connelly Robert J $150,000 Fidelity National Title
Walker Donald E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Connelly Robert J $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2023 08/21/23 Sold $150,000 -3.2% $142 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
07/02/2023 07/02/23 For Sale $155,000 -- $146 / 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 $2,398 $52,933 $7,615 $45,318
2023 $2,195 $48,310 $6,950 $41,360
2022 $1,735 $36,930 $5,310 $31,620
2021 $1,641 $35,530 $5,110 $30,420
2020 $1,558 $34,890 $5,020 $29,870
2019 $1,501 $33,380 $4,800 $28,580
2018 $1,026 $26,430 $3,800 $22,630
2017 $739 $24,030 $3,450 $20,580
2016 $746 $23,160 $3,320 $19,840
2015 $787 $21,810 $3,130 $18,680
2014 $796 $21,810 $3,130 $18,680
2013 $903 $23,510 $3,380 $20,130
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11822065

Midwest Real Estate Data (MRED)

APN: 08-11-412-058