NOT LISTED FOR SALE

801 Village Center Dr Unit 406 Burr Ridge, IL 60527

Burr Ridge East Neighborhood

Estimated Value: $463,000 - $544,000

2 Beds
2 Baths
1,237 Sq Ft
$435/mo HOA Fee

Last Sold March 26, 2015

Last sale price $295,000 $238 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $3,745/month

49 Days on Market

Highlights

  • Heated Floors
  • Vaulted Ceiling
  • Storage
  • Pleasantdale Elementary School Rated A
  • Attached Garage
  • Central Air

About This Home

As of March 2015

WOW $15,000 Price Reduction. No other 2 bed available at this price! Will not Last. See it now before its too late. Luxurious Top floor unit w/balcony Northern Exposure Enter Foyer to open floor plan & vaulted ceilings. Gourmet kitchen w/real hardwood cherry cabinets, stainless steel appliances & granite counters. Radiant heat-floors. Beds-both w/walk in closets & 2 full baths. Heated parking & in unit laundry

Last Agent to Sell the Property

Deanna Mihalek

Baird & Warner License #475132136 Listed on: 11/26/2014

Baird & Warner

Last Buyer's Agent

Frank Christiano

Skydan Real Estate Sales, LLC License #475146313

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,992

Year Built

  • 2008

Lot Details

  • 0.36

HOA Fees

  • $435 per month

Parking

  • Attached Garage
  • Heated Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Vaulted Ceiling
  • Storage
  • Washer and Dryer Hookup

Flooring

  • Heated Floors
  • Laminate

Utilities

  • Central Air
  • Radiant Heating System
  • Lake Michigan Water

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,992

Year Built

2008

Lot Details

0

HOA Fees

$435 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 4
  • Age: 6-10 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 2008
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 2008

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Elevator, Wood Laminate Floors, Heated Floors, Laundry Hook-Up in Unit, Storage
  • Number Of Rooms: 4
  • Living Room: Dimensions: 22X14, On Level: Main Level
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 10X12, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 15X12, On Level: Main Level, Flooring: Carpet, Windows: Blinds
  • Bedroom 2: Dimensions: 11X11, On Level: Main Level
  • Estimated Sq Ft: 1237

Exterior Features

  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: Central Air
  • Water: Lake Michigan
  • Sewer: Sewer-Public
  • Heating Fuel: Radiant

Condo/Co-op/Association

  • Max Pet Weight: UNK
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Elevator, Storage, Security Door Locks
  • Assessment Includes: Heat, Water, Common Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
  • Assessment Association Fees: 435
  • Management Contact Name: Heather Kochanski
  • Management Phone: 708-532-4444

Fee Information

  • Management Company: Cardinal Property Management

Schools

  • School District: 204
  • Junior High Dist: 107

Lot Info

  • Lot Dimensions: CONDO
  • Parcel Identification Number: 18303000571022

Multi Family

  • Total Number Unitsin Building: 24
  • Number Stories: 4

Tax Info

  • Taxes: 604.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2016
Sold by
Salamone Phillip J
Bought by
Salamone Phillip J and Salamone Vito C
Current Estimated Value
$500,582

Purchase Details

Listed on
Nov 26, 2014
Closed on
Feb 4, 2015
Sold by
Cartus Financial Corporation
Bought by
Salamone Phillip J
Seller's Agent
Deanna Mihalek
Baird & Warner
Buyer's Agent
Frank Christiano
Skydan Real Estate Sales, LLC
List Price
$329,998
Sold Price
$295,000
Premium/Discount to List
-$34,998
-10.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.22%
Original Mortgage
$221,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2015
Sold by
Neely Christopher G and Mcduffie Francesca
Bought by
Cartus Financial Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2013
Sold by
2013 Burr Deed Llc
Bought by
Neely Christopher G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,914
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 29, 2011
Sold by
Opus Real Estate Il Vii Burr Ridge Llc
Bought by
Burr Deed Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,720,000
Interest Rate
4.02%
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
Salamone Phillip J -- Attorney
Salamone Phillip J $295,000 Bt
Cartus Financial Corporation $295,000 Bt
Neely Christopher G $240,000 Cti
Burr Deed Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Salamone Phillip J $221,000
Previous Owner Neely Christopher G $215,914
Previous Owner Burr Deed Llc $38,720,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2015 03/26/15 Sold $295,000 0.0% $238 / Sq Ft
02/28/2015 02/28/15 Off Market $295,000 -- --
01/14/2015 01/14/15 Pending -- -- --
12/20/2014 12/20/14 Price Changed $315,000 -4.5% $255 / Sq Ft
11/26/2014 11/26/14 For Sale $329,998 -- $267 / 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 $6,992 $35,730 $483 $35,247
2023 $6,518 $35,730 $483 $35,247
2022 $6,518 $29,020 $278 $28,742
2021 $6,301 $29,019 $277 $28,742
2020 $6,112 $29,019 $277 $28,742
2019 $5,611 $26,928 $248 $26,680
2018 $5,724 $26,928 $248 $26,680
2017 $5,523 $26,928 $248 $26,680
2016 $5,296 $23,635 $214 $23,421
2015 $5,289 $23,635 $214 $23,421
2014 $5,033 $23,635 $214 $23,421
2013 -- $2,742 $214 $2,528
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD08793099

Midwest Real Estate Data (MRED)

APN: 18-30-300-057-1022