NOT LISTED FOR SALE

1601 Wheeler Rd Cherry Valley, IL 61016

Estimated Value: $265,000 - $361,000

3 Beds
1 Bath
1,434 Sq Ft
$213/Sq Ft Est. Value

Last Sold February 10, 2017

Last sale price $126,000 $88 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $2,047/month

20 Days on Market

Highlights

  • Detached Garage
  • Central Air
  • Senior Tax Exemptions
  • Enclosed Patio or Porch

About This Home

As of February 2017

Beautiful 5 acre parcel. Hiawatha School district. Large eat in kitchen with center island and oak cabinets. Great room with wood burning stove. 1st flr master bedroom. Main floor bath, hardwood floors. Large 3rd bedroom upstairs. Fully exposed lower level. 3 car detached garage. Needs TLC. Sold "as is"

Last Agent to Sell the Property

Debbie Rheingans

Dickerson & Nieman Realtors License #475093417 Listed on: 11/29/2016

Dickerson & Nieman Realtors

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Year Built

  • 1975

Lot Details

  • 5

Parking

  • Detached Garage
  • Garage Is Owned

Utilities

  • Central Air
  • Heating System Uses Propane
  • Well
  • Private or Community Septic Tank

Additional Features

  • Basement Fills Entire Space Under The House
  • Enclosed Patio or Porch

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1975

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Type Detached: 2 Stories
  • Estimated Year Built: 1975
  • Tax Exemptions: Homeowner, Senior
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1975

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 23X13, On Level: Main Level
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 20X21, On Level: Main Level
  • Additional Rooms: Enclosed Porch
  • Master Bedroom: Dimensions: 13X11, On Level: Main Level
  • Additional Room 1 Name: Enclosed Porch, Dimensions: 20X8, On Level: Main Level
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level
  • Bedroom 3: Dimensions: 20X11, On Level: 2nd Level
  • Estimated Sq Ft: 1434

Exterior Features

  • Lot Size: 5.0-5.99 Acres
  • Acreage: 5

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Well-Private
  • Sewer: Septic-Private
  • Heating Fuel: Propane

Schools

  • Junior High Dist: 426

Lot Info

  • Lot Dimensions: 700.36X313.50X700X319
  • Parcel Identification Number: 0729100003

Tax Info

  • Taxes: 4001.98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2016
Closed on
Feb 10, 2017
Sold by
Pair Steven E
Bought by
Freund Leonard D
Seller's Agent
Debbie Rheingans
Dickerson & Nieman Realtors
Buyer's Agent
Non Member
NON MEMBER
List Price
$145,000
Sold Price
$126,000
Premium/Discount to List
-$19,000
-13.1%
Current Estimated Value
$304,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,879
Avg. Annual Appreciation
10.36%
Original Mortgage
$91,000
Outstanding Balance
$44,589
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$260,290

Purchase Details

Closed on
May 31, 1985
Bought by
Pair Steven and Pair Andrea
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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Purchase History

Date Buyer Sale Price Title Company
Freund Leonard D $126,100 Attorney Only
Pair Steven $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freund Leonard D $91,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2017 02/10/17 Sold $126,000 -13.1% $88 / Sq Ft
12/19/2016 12/19/16 Pending -- -- --
11/29/2016 11/29/16 For Sale $145,000 -- $101 / 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 $5,563 $72,120 $32,575 $39,545
2023 $5,563 $65,717 $32,575 $33,142
2022 $4,502 $60,201 $32,575 $27,626
2021 $4,352 $56,830 $32,575 $24,255
2020 $4,386 $56,161 $33,587 $22,574
2019 $4,091 $52,123 $31,172 $20,951
2018 $3,971 $91,262 $71,057 $20,205
2017 $3,279 $47,679 $28,082 $19,597
2016 $3,995 $54,066 $27,386 $26,680
2015 $4,002 $54,066 $27,386 $26,680
2014 $3,202 $54,143 $27,386 $26,757
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09395895

Midwest Real Estate Data (MRED)

APN: 07-29-100-003