EDIT: Also, I've seen the media talking about a supernova, but I don't think I've seen any scientific articles so far that have been confident enough that a supernova might happen to actually say that it's even a possibility. (Nor have I seen any that flat out denied it as a possibility). But I really, really want to see a supernova. *Prays*
We really don't know enough about the period just before the death of a star. We know what causes it, but cannot predict it yet.
The star just might be going though a cycle of "breathing in and out", just like our Sun does... but much more noticeable. Perhaps as it contracts, it heats up, which increases the speed of the nuclear reactions going on in it's core and mantle... an as that happens, the extra pressure pushes it back out.
Oh and as far as I know, the star is some 640 light years away.
The last *big* one that human race saw was the one in 1054 at a distance of 6400 light years away. According to the Chinese, Japanese and Arab astronomers, it could be seen for 23 days during the day and 653 days in the night sky. Magnitude was -6.
There's also the 1006 supernova, which was slightly brighter at -7.5, but was 7200 light years away.
The closest supernova to to Earth that we know of happened around 11 000 - 13 000 years ago, around 800 light years away. It was probably the brightest. Various sources give a magnitude of between -10 and -15. For comparison... Sirius, the brightest star is at -1.5, Venus at -5 and the Sun at -27.7.
The nova was comparable to the Moon, at -14.