NOT LISTED FOR SALE

1579 Cherry Ln Pingree Grove, IL 60140

Estimated Value: $394,000 - $413,000

3 Beds
2.5 Baths
2,206 Sq Ft
$182/Sq Ft Est. Value

Last Sold April 26, 2022

Last sale price $345,000 $156 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,087/month

10 Days on Market

Highlights

  • Community Lake
  • Clubhouse
  • Loft
  • Hampshire High School Rated A-
  • Property is near a park
  • Community Pool

About This Home

As of April 2022

BETTER THAN NEW! You will love this like new beautiful home 3 BR, 2.5 bath, open floor plan with a large loft! Kitchen includes designer cabinets, can lighting, large island, and stainless steel appliances with a roomy walk-in pantry. Large owner suite has a walk-in closet and spacious shower. Convenient upstairs large laundry room! So many windows make this home bright and light! Live in the community of Cambridge Lakes and enjoy summers on your large patio, have access to a clubhouse, 12 lakes, 12 parks, fitness center, pools, party room, indoor gymnasium, miles of walking trails, and so much more! Schedule a appointment today!!!

Last Listed By

Laura Parks

Keller Williams Infinity License #475141443 Listed on: 03/10/2022

Keller Williams Infinity

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,786

Year Built

  • Built in 2017

Lot Details

  • 8,076 Sq Ft Lot
  • Lot Dimensions are 56 x 116 x 58 x 116

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,206 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Blinds
  • Family Room
  • Living Room
  • Breakfast Room
  • Loft

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Laundry on upper level
  • Gas Dryer Hookup

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors

Location

  • Property is near a park

Utilities

  • Central Air
  • Humidifier
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, clubhouse, exercise facilities, pool
  • Manager Of Record Association, Phone Number (847) 459-1222
  • Cambridge Lakes Subdivision, Eastwood Floorplan
  • Property managed by Foster Premier
  • Community Lake

Amenities

  • Clubhouse

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,786

Year Built

Built in 2017

Lot Details

0

HOA Fees

$80 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Cambridge Lakes
  • Year Built: 2017
  • Age: 1-5 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: Second Floor Laundry, Built-in Features
  • LivingArea: 2206
  • Other Equipment: Humidifier, TV-Cable, CO Detectors
  • Room Type: Breakfast Room, Loft
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: None
  • Bathroom Amenities: Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • Total Sq Ft: 0
  • Door Features: Storm Door(s)
  • Window Features: Blinds

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 345000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 80
  • Association Fee Frequency: Monthly
  • Community Features: Clubhouse, Park, Pool, Lake, Curbs, Sidewalks
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Foster Premier
  • Management Contact Name: Manager of Record
  • Management Phone: 847-459-1222
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Clubhouse, Exercise Facilities, Pool, Other

Schools

  • Middle/Junior School District: 300

Lot Info

  • Lot Size Acres: 0.1854
  • Lot Dimensions: 56 X 116 X 58 X 116
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 7785.72
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2018
Closed on
Mar 19, 2018
Sold by
Drh Cambridge Homes Inc
Bought by
Reese Jeffrey W and Reese Dyann M
Seller's Agent
Christopher Naatz
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Brian Gentzle
Coldwell Banker Realty
List Price
$229,990
Sold Price
$229,990
Total Days on Market
10
Current Estimated Value
$401,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,547
Avg. Annual Appreciation
8.19%
Original Mortgage
$223,090
Interest Rate
4.32%
Mortgage Type
New Conventional

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
Reese Jeffrey W $230,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reese Jeffrey W $219,000
Closed Reese Jeffrey W $223,090
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2022 04/26/22 Sold $345,000 0.0% $156 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/20/2022 03/20/22 Price Changed $345,000 -1.4% $156 / Sq Ft
03/16/2022 03/16/22 For Sale $349,999 0.0% $159 / Sq Ft
03/15/2022 03/15/22 Pending -- -- --
03/12/2022 03/12/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $349,999 +52.2% $159 / Sq Ft
03/19/2018 03/19/18 Sold $229,990 0.0% $104 / Sq Ft
02/24/2018 02/24/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $229,990 0.0% $104 / Sq Ft
01/22/2018 01/22/18 Pending -- -- --
01/18/2018 01/18/18 For Sale $229,990 -- $104 / 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
2023 $9,361 $112,185 $27,832 $84,353
2022 $7,617 $83,282 $25,661 $57,621
2021 $7,920 $85,030 $24,136 $60,894
2020 $7,786 $82,859 $23,520 $59,339
2019 $7,631 $79,527 $22,574 $56,953
2018 $5,794 $52,734 $2,402 $50,332
2017 $2,154 $2,287 $2,287 $0
2016 $1,965 $2,177 $2,177 $0
2015 -- $2,056 $2,056 $0
2014 -- $2,056 $2,056 $0
2013 -- $2,094 $2,094 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11343398

Midwest Real Estate Data (MRED)

APN: 02-29-397-012