NOT LISTED FOR SALE

850 Village Center Dr Unit 412 Burr Ridge, IL 60527

Burr Ridge East Neighborhood

Estimated Value: $613,000 - $653,000

2 Beds
3 Baths
1,698 Sq Ft
$494/mo HOA Fee

Last Sold May 28, 2020

Last sale price $480,000 $283 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,689/month

55 Days on Market

Highlights

  • Den
  • Balcony
  • Breakfast Bar
  • Pleasantdale Elementary School Rated A
  • Attached Garage
  • Central Air

About This Home

As of May 2020

The upgrades to this already amazing 2 Bed, 2.5 bath plus office are like no other in the 60 unit Condo Building. It features an open floor plan with brand new hardwood floors throughout. You'll appreciate the detail including 12' coffered ceilings and two piece crown molding throughout the home. There is plenty of space in the kitchen for anyone who loves to cook and entertain. Enjoy the wonderful views from the over-sized windows or balcony that overlook the Village Center courtyard and shopping center. Wonderful, quiet, well maintained building with great neighbors. Enjoy the summers with concerts, the Farmers Market, and Car shows right in your front yard. Walk to restaurants like Coopers Hawk and Topaz on any given night.

Last Agent to Sell the Property

Todd Schultz

Schultz Real Estate Inc Listed on: 03/18/2020

Last Buyer's Agent

Christopher Hochstedt

Exit Real Estate Partners License #475133816

Exit Real Estate Partners

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,730

Year Built

  • 2008

Lot Details

  • 0.95

HOA Fees

  • $494 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Concrete Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Den
  • Breakfast Bar

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

Amenities

  • Common Area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,730

Year Built

2008

Lot Details

0

HOA Fees

$494 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 4
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 2008
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4
  • Year Built: 2008

Interior Features

  • Number Of Rooms: 6
  • Living Room: Dimensions: 23X19, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: COMBO, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: Den
  • Master Bedroom: Dimensions: 13X16, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Additional Room 1 Name: Den, Dimensions: 12X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 12X13, On Level: Main Level, Flooring: Hardwood, Windows: Curtains/Drapes
  • Estimated Sq Ft: 1698
  • Dining Room Type: Combined w/ FamRm
  • Family Room: Flooring: Hardwood

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick, Concrete
  • Exterior Property Features: Balcony

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Pet Weight Limitation
  • Assessment Includes: Water, Gas, Common Insurance, Security, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 494
  • Management Contact Name: Any
  • Management Phone: 630-620-1133

Fee Information

  • Management Company: American Community Management

Schools

  • School District: 204
  • Junior High Dist: 107

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds
  • Parcel Identification Number: 18303000541051

Multi Family

  • Total Number Unitsin Building: 60
  • Number Stories: 4

Tax Info

  • Taxes: 8167.97

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2021
Sold by
Zeman Anton M and Zeman Linda K
Bought by
Zeman Anton M and Zeman Linda K
Current Estimated Value
$633,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Outstanding Balance
$153,795
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$463,911

Purchase Details

Listed on
Mar 18, 2020
Closed on
May 28, 2020
Sold by
Schultz Gregory and Schultz Donna
Bought by
Zeman Linda K and Zeman Anton M
Seller's Agent
Todd Schultz
Schultz Real Estate Inc
Buyer's Agent
Christopher Hochstedt
Exit Real Estate Partners
List Price
$525,000
Sold Price
$480,000
Premium/Discount to List
-$45,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.96%
Original Mortgage
$405,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2008
Sold by
Opus Real Estate Il Vii Burr Ridge Llc
Bought by
Schultz Gregory and Schultz Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.39%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Zeman Anton M -- None Available
Zeman Linda K $480,000 Chicago Title
Schultz Gregory $579,000 Cti
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zeman Linda K $205,000
Previous Owner Zeman Linda K $405,000
Previous Owner Schultz Gregory G $334,000
Previous Owner Schultz Gregory $365,125
Previous Owner Schultz Gregory $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2020 05/28/20 Sold $480,000 -6.8% $283 / Sq Ft
05/12/2020 05/12/20 Pending -- -- --
05/06/2020 05/06/20 Price Changed $515,000 -1.9% $303 / Sq Ft
03/18/2020 03/18/20 For Sale $525,000 -- $309 / 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 $8,730 $50,577 $666 $49,911
2023 $7,940 $50,577 $666 $49,911
2022 $7,940 $41,507 $585 $40,922
2021 $7,711 $41,507 $585 $40,922
2020 $8,089 $41,507 $585 $40,922
2019 $8,008 $41,858 $524 $41,334
2018 $8,168 $41,858 $524 $41,334
2017 $7,893 $41,858 $524 $41,334
2016 $6,729 $32,524 $464 $32,060
2015 $6,691 $32,524 $464 $32,060
2014 $6,379 $32,524 $464 $32,060
2013 $6,325 $33,131 $464 $32,667
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10671335

Midwest Real Estate Data (MRED)

APN: 18-30-300-054-1051