NOT LISTED FOR SALE

126 S Cherry St Cherry Valley, IL 61016

Estimated Value: $207,000 - $219,000

5 Beds
2 Baths
2,180 Sq Ft
$98/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $135,000 $62 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,502/month

47 Days on Market

Highlights

  • Fenced Yard
  • Forced Air Heating System
  • 4-minute walk to Baumann Park

About This Home

As of December 2021

Two family home in the heart of Cherry Valley. Larger side has 1 bedroom on main floor, two bedrooms up, large living, eat-in kitchen, patio and bath. Smaller unit has 2 bedrooms, 1 bath and a long term tenant of 15 years. Family occupies the larger side. Newer roof (2019), newer Pella windows (3-4 yrs), Separate utilities, updated electrical, 220 amp, Low maintenance siding, 2 car garage on a large corner lot.

Last Agent to Sell the Property

Peggy Sala

Berkshire Hathaway HomeServices Crosby Starck RE License #475125673 Listed on: 09/08/2021

Berkshire Hathaway HomeServices Crosby Starck RE

Last Buyer's Agent

Bradley Thompson

Keller Williams Realty Signature License #475130584

Keller Williams Realty Signature

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,767

Lot Details

  • Fenced Yard

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,180 Sq Ft Home
  • 2-Story Property
  • Partial Basement

Kitchen

  • Oven
  • Stove
  • Range

Laundry

  • Dryer
  • Washer

Schools

  • Cherry Valley Elementary School
  • Bernard W Flinn Middle School
  • Jefferson High School

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Separate Water Meter
  • Gas Water Heater

Community Details

  • 2 Units
  • 2-Story Building

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,767

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Dryer, Refrigerator, Stove/Cooktop, Oven, Washer
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 2180
  • Front: 93.06
  • General Features: Fenced Yard, Main Floor Master
  • Legal Description: FITCHS ADD TO CHERRY VALLEY LOT 7 + WLY 11.22FT LOT 008 BLOCK 027
  • Lvt Date: 09/08/2021
  • Rear: 173.58
  • Side 1: 155.1
  • Side 2: 155
  • Style: 2 Story
  • Type: 2 Units
  • Total Assessed Value: 14930
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 2
  • Number Of Units In Bldg: 2
  • Utilities Yr: 500
  • Agent Only_ L A1 User Code: 3949
  • Elementary School: Cherry Valley Elementary
  • Estimated Total Finished Sq Ft: 2180
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Two family home in the heart of Cherry Valley. Larger side has 1 bedroom on main floor, two bedrooms up, large living, eat-in kitchen, patio and bath. Smaller unit has 2 bedrooms, 1 bath and a long term tenant of 15 years. Family occupies the larger side. Newer roof (2019), newer Pella windows (3-4 yrs), Separate utilities, updated electrical, 220 amp, Low maintenance siding, 2 car garage on a large corner lot.
  • Designated Managing Broker Y N: No
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: Yes
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 2180
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement Type: Partial
  • Basement: Yes

Exterior Features

  • Exterior: Aluminum
  • Roof: Shingle

Utilities

  • Heating: Forced Air
  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Separate Utilities: Yes

Tax Info

  • Year: 2020
  • Taxes: 4767

MLS Schools

  • HighSchool: Jefferson High
  • School District: Rockford 205
  • Middle School: Bernard W Flinn Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Dec 1, 2021
Sold by
Betty L Horsley Revocable Living Trust
Bought by
Clauson Steven R
Seller's Agent
Peggy Sala
Berkshire Hathaway HomeServices Crosby Starck RE
Buyer's Agent
Bradley Thompson
Keller Williams Realty Signature
List Price
$150,000
Sold Price
$135,000
Premium/Discount to List
-$15,000
-10%
Current Estimated Value
$221,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,559
Avg. Annual Appreciation
11.65%
Original Mortgage
$108,000
Outstanding Balance
$99,516
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$113,731
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Clauson Steven R $135,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clauson Steven R $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2021 12/03/21 Sold $135,000 -10.0% $62 / Sq Ft
10/25/2021 10/25/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $150,000 -- $69 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $4,200 $60,894 $8,241 $52,653
2023 $4,039 $54,756 $7,410 $47,346
2022 $4,137 $51,584 $6,981 $44,603
2021 $4,760 $49,057 $6,639 $42,418
2020 $4,767 $46,972 $6,357 $40,615
2019 $4,688 $44,769 $6,059 $38,710
2018 $4,802 $43,234 $5,900 $37,334
2017 $4,818 $41,959 $5,726 $36,233
2016 $4,783 $41,072 $5,605 $35,467
2015 $2,374 $40,318 $5,502 $34,816
2014 $4,486 $40,318 $5,502 $34,816
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2021

    Peggy Sala

    Berkshire Hathaway HomeServices Crosby Starck Real Estate

    Section Image
  • Bradley Thompson

    Buyer's Agent in 2021

    Bradley Thompson

    Keller Williams Realty Signature

    (815) 745-2450

    10 in this area

    129 Total Sales

    Bradley Thompson
    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202105739

NorthWest Illinois Alliance of REALTORS®

APN: 16-01-177-013

Illinois Winnebago County Cherry Valley 61016

126 S Cherry St, Cherry Valley, IL

Not Listed for Sale

MultiFamily

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