NOT LISTED FOR SALE

126 S Cherry St Cherry Valley, IL 61016

Estimated Value: $197,000 - $226,000

5 Beds
2 Baths
2,180 Sq Ft
$99/Sq Ft Est. Value

Sale Details

Date Sold: December 3, 2021

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

Est. 60% increase in value since last sale

Current estimated payment $1,511 / mo

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

10,454 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Dec 1, 2021
Sold by
Bought by
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
$215,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,447
Avg. Annual Appreciation
10.82%
Original Mortgage
$108,000
Outstanding Balance
$99,516
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$115,931
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$135,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

    125 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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthWest Illinois Alliance of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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