NOT LISTED FOR SALE

5540 Walnut Ave Unit 4A Downers Grove, IL 60515

Belmont Neighborhood

Estimated Value: $150,000 - $162,000

1 Bed
1 Bath
655 Sq Ft
$249/mo HOA Fee

Last Sold July 01, 2022

Last sale price $112,000 $171 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,263/month

27 Days on Market

Highlights

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

About This Home

As of July 2022

Move-in Ready Adult Community in Downers Grove! Beautiful New Bath with Step-in Shower & Handicap bars plus linen closet! Detached garage #88. Nice East View on 2nd floor with Balcony! Storage closet in hallway. There is a Library, Party room, Exercise room, Game room and Multiple open community areas on each floor. Low Taxes, New roof on building. Steps away from Laundry room & Elevator. Garage #88 assessment is $215 per year and garage Taxes were 254.92 2020. Condo assessment is $747 every 3 months (=$249 per month)

Last Agent to Sell the Property

Elizabeth Hanson

Baird & Warner License #475126910 Listed on: 05/03/2022

Baird & Warner

Co-Listed By

Diana Jamrok

Baird & Warner License #475139354

Last Buyer's Agent

Gloria Ortiz

Real People Realty License #475126148

Real People Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $678

Year Built

  • Built in 1967

Lot Details

  • 6.14

HOA Fees

  • $249 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Off-Street Parking
  • Parking Included in Price
  • Unassigned Parking

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation
  • Flexicore

Interior Spaces

  • 655 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Living Room
  • Formal Dining Room
  • Storage
  • Laundry in multiple locations
  • Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Potential Bedroom
  • 1 Full Bathroom

Accessible Home Design

  • Handicap Shower
  • Grab Bar In Bathroom
  • Wheelchair Access
  • Accessibility Features

Utilities

  • Forced Air Heating and Cooling System
  • Lake Michigan Water

Additional Features

  • Balcony
  • Additional Parcels

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • Association fees include water, parking, insurance, exercise facilities, exterior maintenance, lawn care, scavenger, snow removal
  • 119 Units
  • Judi Duhai Association, Phone Number (630) 969-6940
  • Cameo West Subdivision, Ambassador Floorplan
  • Property managed by Cameo5540@att.net
  • Lock-and-Leave Community

Amenities

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

Recreation

  • Fitness Center

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$678

Year Built

Built in 1967

Lot Details

0

HOA Fees

$249 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Fee Simple w/ HO Assn.
  • 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: Yes
  • 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: Range, Refrigerator
  • Basement: None
  • Accessibility Features: Bath Grab Bars, Wheelchair Accessible
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Elevator, Second Floor Laundry, Storage, Flexicore
  • LivingArea: 655
  • Room Type: No additional rooms
  • Stories Total: 4
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 655
  • Basement Description: None
  • Bathroom Amenities: Handicap Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Balcony
  • Foundation Details: Concrete Perimeter
  • List Price: 120000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Unassigned, Off Street
  • ParkingTotal: 1
  • Number of Cars: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric, Forced Air
  • Laundry Features: Common Area, Multiple Locations
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 747
  • Association Amenities: Coin Laundry, Elevator(s), Exercise Room, Storage, Party Room, Security Door Lock(s), Ceiling Fan, Elevator(s)
  • Association Fee Frequency: Quarterly
  • Management: Self-Management
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Cameo5540@att.net
  • Management Contact Name: Judi Duhai
  • Management Phone: 630-969-6940
  • ResoAssociationFeeFrequency: Quarterly

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

  • Additional Parcels: Yes
  • Lot Dimensions: 2.2
  • Special Assessments: Y

Rental Info

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

Tax Info

  • Tax Annual Amount: 678.06
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 119

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
Jul 1, 2022
Sold by
Hernandez Kimberly A
Bought by
Kelstrom Christine A
Seller's Agent
Elizabeth Hanson
Baird & Warner
Buyer's Agent
Gloria Ortiz
Real People Realty
List Price
$130,000
Sold Price
$112,000
Premium/Discount to List
-$18,000
-13.85%
Current Estimated Value
$154,671

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,671
Avg. Annual Appreciation
10.65%
Original Mortgage
$89,600
Outstanding Balance
$85,961
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$68,710

Purchase Details

Closed on
Mar 26, 2007
Sold by
Cosenza Marjean E
Bought by
Nicosia Linda M and Hernandez Kimberly A

Purchase Details

Closed on
Feb 24, 2005
Sold by
Chmielewski Robert and Chmielewski Alyce
Bought by
Cosenza Marjean E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,900
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2004
Sold by
Frutchey Mae L
Bought by
Chmielewski Robert and Chmielewski Alyce
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
Kelstrom Christine A $112,000 Greater Illinois Title
Nicosia Linda M $110,000 C T I C Dupage
Cosenza Marjean E $95,000 Atg
Chmielewski Robert $66,000 Atg
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelstrom Christine A $89,600
Previous Owner Cosenza Marjean E $74,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Sold $112,000 -6.7% $171 / Sq Ft
05/31/2022 05/31/22 Pending -- -- --
05/12/2022 05/12/22 Price Changed $120,000 -7.7% $183 / Sq Ft
05/03/2022 05/03/22 For Sale $130,000 -- $198 / 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 $2,274 $35,019 $4,964 $30,055
2023 $2,171 $31,960 $4,530 $27,430
2022 $434 $24,430 $3,460 $20,970
2021 $434 $23,510 $3,330 $20,180
2020 $423 $23,090 $3,270 $19,820
2019 $744 $22,090 $3,130 $18,960
2018 $432 $17,490 $2,480 $15,010
2017 $335 $15,900 $2,260 $13,640
2016 $644 $15,330 $2,180 $13,150
2015 $614 $14,430 $2,050 $12,380
2014 $621 $14,430 $2,050 $12,380
2013 $689 $15,540 $2,200 $13,340
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: 11392653

Midwest Real Estate Data (MRED)

APN: 08-11-412-004