NOT LISTED FOR SALE

3051 Cheroakwood Ln Rockford, IL 61114

Estimated Value: $303,000 - $326,000

4 Beds
2 Baths
1,400 Sq Ft
$227/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $239,900 $171 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,353/month

40 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Brick or Stone Mason
  • Wooded Lot
  • Granite Countertops
  • Dry Bar

About This Home

As of August 2021

A rare Rockford area fully exposed ranch home! This 4 bedroom walk out ranch is a must see!! Large open kitchen with cherry cabinets, granite counters, stainless steel appliances and pantry area. Large master bedroom with over-sized closet and tile shower. Recently remodeled 2nd bath on main floor with double vanity. 3 season room overlooking private yard. Finished LL with plenty of daylight, along with family room area, bar area, rec room and 4th bedroom. Lots of space to spread out in this wonderful home!!

Last Agent to Sell the Property

Mark Payne

DICKERSON & NIEMAN License #475127655 Listed on: 06/04/2021

DICKERSON & NIEMAN

Last Buyer's Agent

Noah Meyer

DICKERSON & NIEMAN License #475178232

DICKERSON & NIEMAN

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,001

Lot Details

  • 0.32 Acre Lot
  • Wooded Lot

Home Design

  • Ranch Style House
  • Brick or Stone Mason
  • Shingle Roof
  • Siding

Interior Spaces

  • Dry Bar
  • Ceiling Fan
  • Wood Burning Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Car Garage
  • Driveway

Outdoor Features

  • Deck
  • Shed

Schools

  • Clifford P Carlson Elementary School
  • Eisenhower Middle School
  • Guilford High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • Water Softener

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,001

Lot Details

0

Listing Details

  • Interior Amenities: Bar-Dry, Ceiling Fans/Remotes, CO Detectors, Countertop-Granite, Smoke Detectors
  • Road Frontage: City/Town
  • Type: Wooded
  • Electric: Circuit Breaker
  • Additional Room 5: SUN RM, Dimensions: 20.01x9.01, On Level: Main
  • Additional Room 6: WET BAR, Dimensions: 13x9, On Level: Lower
  • Appliances That Stay or Are Included: Disposal, Dishwasher, Microwave, Refrigerator, Stove/Cooktop, Water Softener
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1924
  • Estimated Below Grade Finished Sq Ft: 1400
  • Front: 95.03
  • General Features: Deck, Full Exposure, Garden Shed, L.L. Finished Space, Main Floor Master
  • Grid: 61
  • Legal Description: CARRIAGE HILLS SUB NO 3 SEC 8-44-2 32-162 SLY TRI TR 15 FT ON ELY LN + 130.08 FT ON SLY LN PT LOT 86 + ALL LOT 087
  • Lot Acreage: 0.32
  • Lvt Date: 06/04/2021
  • Number of Main Level Full Bathrooms: 2
  • Rear: 56.1
  • Side 1: 157.8
  • Side 2: 130.08
  • Stove Range Fuel: Gas
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: 4588
  • Egress: Yes
  • Elementary School: Clifford P Carlson Elementary
  • Estimated Total Finished Sq Ft: 1400
  • Garage Type Driveway: Attached
  • Hold Earnest Money Y N: No
  • Pertinent Facts: A rare Rockford area fully exposed ranch home! This 4 bedroom walk out ranch is a must see!! Large open kitchen with cherry cabinets, granite counters, stainless steel appliances and pantry area. Large master bedroom with over-sized closet and tile shower. Recently remodeled 2nd bath on main floor with double vanity. 3 season room overlooking private yard. Finished LL with plenty of daylight, along with family room area, bar area, rec room and 4th bedroom. Lots of space to spread out in this wonderful home!!
  • Designated Managing Broker Y N: No
  • L O1 Brokerage Number: 478001315
  • S O1 Brokerage Number: 478001315
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Basement Type: Full
  • Master Bedroom: Dimensions: 14.11x17, On Level: Main
  • Fireplace Type: Wood
  • Bedroom 2: Dimensions: 12.11x11.5, On Level: Main
  • Bedroom 3: Dimensions: 12.1x9.11, On Level: Main
  • Bedroom 4: Dimensions: 12x16.5, On Level: Lower
  • Dining Room: Yes, On Level: Main, Dimensions: 12x17.10
  • Family Room: Yes, On Level: Lower, Dimensions: 31.8x12.10
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Kitchen: Dimensions: 18x12.4, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 22x21
  • Price Per Sq Ft: 171.36
  • Recreation Room: Yes, On Level: Lower, Dimensions: 23.11x9.2
  • Total Bathrooms: 2
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone, Siding
  • Roof: Shingle

Garage/Parking

  • Garage: 3

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: City/Community
  • Water: City/Community
  • Water Heater: Gas

Schools

  • School District: Rockford 205
  • Elementary School: Clifford P Carlson Elementary
  • Middle School: Eisenhower Middle
  • High School: Guilford High

Tax Info

  • Year: 2019
  • Taxes: 8001

MLS Schools

  • HighSchool: Guilford High
  • School District: Rockford 205
  • Middle School: Eisenhower Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2021
Closed on
Aug 20, 2021
Sold by
Peterson John T and Peterson Rebecca K
Bought by
Romero Juan A and Rivera Diana
Seller's Agent
Mark Payne
DICKERSON & NIEMAN
Buyer's Agent
Noah Meyer
DICKERSON & NIEMAN
List Price
$269,900
Sold Price
$239,900
Premium/Discount to List
-$30,000
-11.12%
Current Estimated Value
$317,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,507
Avg. Annual Appreciation
6.48%
Original Mortgage
$227,905
Outstanding Balance
$208,279
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$100,887

Purchase Details

Closed on
Sep 8, 2006
Bought by
Peterson John T and Peterson Rebecca K
Source: Public Records

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
Romero Juan A $240,000 Charles G Popp Pc
Peterson John T $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Romero Juan A $227,905
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $239,900 0.0% $171 / Sq Ft
07/14/2021 07/14/21 Pending -- -- --
06/30/2021 06/30/21 Price Changed $239,900 -4.0% $171 / Sq Ft
06/14/2021 06/14/21 Price Changed $249,900 -7.4% $179 / Sq Ft
06/04/2021 06/04/21 For Sale $269,900 0.0% $193 / Sq Ft
11/05/2018 11/05/18 Rented $1,800 0.0% --
09/13/2018 09/13/18 Under Contract -- -- --
08/24/2018 08/24/18 For Rent $1,800 -1.4% --
04/11/2016 04/11/16 Rented $1,825 +1.4% --
03/04/2016 03/04/16 Under Contract -- -- --
03/01/2016 03/01/16 For Rent $1,800 -- --
Source: NorthWest Illinois Alliance of REALTORS®

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 $7,649 $91,719 $17,092 $74,627
2023 $7,255 $80,874 $15,071 $65,803
2022 $7,002 $72,287 $13,471 $58,816
2021 $7,919 $66,282 $12,352 $53,930
2020 $8,057 $62,660 $11,677 $50,983
2019 $8,001 $59,721 $11,129 $48,592
2018 $7,186 $56,267 $10,489 $45,778
2017 $7,767 $52,354 $10,037 $42,317
2016 $7,170 $47,465 $9,849 $37,616
2015 $6,343 $47,465 $9,849 $37,616
2014 $5,359 $42,110 $12,313 $29,797
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202102758

NorthWest Illinois Alliance of REALTORS®

APN: 12-08-279-002