NOT LISTED FOR SALE

5540 Walnut Ave Unit 3A Downers Grove, IL 60515

Belmont Neighborhood

Estimated Value: $175,000 - $197,513

2 Beds
1.5 Baths
900 Sq Ft
$185/mo HOA Fee

Last Sold June 14, 2023

Last sale price $140,000 $156 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,401/month

5 Days on Market

Highlights

  • Fitness Center
  • Lock-and-Leave Community
  • Covered Patio or Porch
  • Lisle Elementary School Rated A-
  • Party Room
  • Elevator

About This Home

As of June 2023

2 BR 1.5 BA condo at Cameo. Spacious two bedroom"Countess" unit in the sought after Cameo Community. This unit has an additional half bath as well as a large 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. Schedule a showing today!

Last Agent to Sell the Property

Robert Petranek

Coldwell Banker Realty License #475169835 Listed on: 05/10/2023

Coldwell Banker Realty

Co-Listed By

Jill Petranek

Coldwell Banker Realty License #475158835

Last Buyer's Agent

Rick Sherman

Hometown Real Estate Group LLC License #475153461

Hometown Real Estate Group LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $569

Year Built

  • Built in 1967

Lot Details

  • 6

HOA Fees

  • $185 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 900 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms

Parking

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

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Heating Available
  • 100 Amp Service

Community Details

Overview

  • Association fees include water, parking, insurance, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
  • 119 Units
  • Judy Association, Phone Number (630) 969-6940
  • Lock-and-Leave Community

Amenities

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

Recreation

  • Fitness Center

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$569

Year Built

Built in 1967

Lot Details

0

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: 1
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 900
  • Room Type: No additional rooms
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 900
  • Assessed Sq Ft: 900
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 900
  • Total Sq Ft: 900
  • Main Level Sq Ft: 900
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 140000
  • Lot Features: Common Grounds
  • 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

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Electric
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 185
  • Association Amenities: Coin Laundry, Elevator(s), Exercise Room, Storage, Party Room, Security Door Lock(s), Covered Porch
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: self
  • Management Contact Name: Judy
  • Management Phone: 630-969-6940
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, Exercise Facilities, Exterior Maintenance, 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: 568.72
  • Tax Year: 2021

Multi Family

  • Units in Building: 119

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2023
Closed on
Jun 5, 2023
Sold by
Raucci Charles T
Bought by
Pollitt Wayne A
Seller's Agent
Robert Petranek
Coldwell Banker Realty
Buyer's Agent
Rick Sherman
Hometown Real Estate Group LLC
List Price
$140,000
Sold Price
$140,000
Views
204
Current Estimated Value
$183,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,128
Avg. Annual Appreciation
13.17%
Original Mortgage
$126,000
Outstanding Balance
$123,179
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$59,949

Purchase Details

Closed on
Aug 19, 2009
Sold by
Fisher Priscilla L
Bought by
Raucci Frank D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,800
Interest Rate
5.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2002
Sold by
Hellem Lloyd W
Bought by
Fisher Dennis W and Fisher Priscilla L

Purchase Details

Closed on
Jun 29, 1999
Sold by
Viktora Carole A
Bought by
Hellem Lloyd W

Purchase Details

Closed on
Jun 3, 1994
Sold by
Bucek Edward P
Bought by
Livin Bucek Edward P and Edward P Bucek Revocable Living Trust
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
Pollitt Wayne A $140,000 None Listed On Document
Raucci Frank D $96,000 Pntn
Fisher Dennis W $98,500 --
Hellem Lloyd W $78,000 --
Livin Bucek Edward P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pollitt Wayne A $126,000
Previous Owner Raucci Frank D $76,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2023 06/14/23 Sold $140,000 0.0% $156 / Sq Ft
05/16/2023 05/16/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $140,000 -- $156 / 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 $2,553 $47,323 $6,903 $40,420
2023 $238 $43,190 $6,300 $36,890
2022 $569 $33,020 $4,820 $28,200
2021 $569 $31,770 $4,640 $27,130
2020 $554 $31,200 $4,560 $26,640
2019 $570 $29,850 $4,360 $25,490
2018 $565 $23,630 $3,450 $20,180
2017 $581 $21,480 $3,130 $18,350
2016 $587 $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

  • Robert Petranek

    Seller's Agent in 2023

    Robert Petranek

    Coldwell Banker Realty

    (630) 913-7861

    14 in this area

    108 Total Sales

    Section Image
  • Jill Petranek

    Seller Co-Listing Agent in 2023

    Jill Petranek

    Coldwell Banker Realty

    (630) 240-9184

    14 in this area

    127 Total Sales

    Section Image

  • R

    Buyer's Agent in 2023

    Rick Sherman

    Hometown Real Estate Group LLC

    1 in this area

    8 Total Sales

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11745584

Midwest Real Estate Data (MRED)

APN: 08-11-412-003

Illinois DuPage County Downers Grove 60515 Belmont

5540 Walnut Ave Unit 3A, Downers Grove, IL

This home is located at 5540 Walnut Ave Unit 3A, Downers Grove, IL 60515 since 10 May 2023 and is currently estimated at $183,128, approximately $203 per square foot. This property was built in 1967. 5540 Walnut Ave Unit 3A 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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