NOT LISTED FOR SALE

314 W State St Cherry Valley, IL 61016

Estimated Value: $169,000 - $192,292

3 Beds
1.5 Baths
1,499 Sq Ft
$124/Sq Ft Est. Value

Sale Details

Date Sold: July 15, 2016

Last sale price $80,000 $53 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $1,252 / mo

1 Day on Market

Highlights

  • Deck
  • Water Softener
  • 3-minute walk to Butler Park
  • Shed
  • Forced Air Heating System

About This Home

As of July 2016

Beautifully located home in the heart of Cherry Valley. This half acre home with a 3.5 car garage won't last long. 3 bedrooms with room to expand the lower level that features a full walkout to the back yard. Perfect for a new buyer looking to grow in this great area. Close to parks, shopping and highway access!

Last Agent to Sell the Property

Carlos Serna

Century 21 Affiliated License #475161572 Listed on: 05/31/2016

Century 21 Affiliated

Last Buyer's Agent

Carlos Serna

Century 21 Affiliated License #475161572 Listed on: 05/31/2016

Century 21 Affiliated

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,994

Year Built

  • Built in 1946

Lot Details

  • 21,344 Sq Ft Lot

Home Design

  • Shingle Roof
  • Siding

Interior Spaces

  • 1,499 Sq Ft Home
  • 1.5-Story Property

Kitchen

  • Electric Range
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 3.5 Car Garage
  • Driveway

Outdoor Features

  • Deck
  • Shed
  • Outbuilding

Schools

  • District 205-Rfd Elementary And Middle School
  • District 205-Rfd High School

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,994

Year Built

Built in 1946

Lot Details

0.49 Acres

Listing Details

  • Type: None
  • Additional Room 5: MasterLoft, Dimensions: 10.5x9.4, On Level: Upper
  • Appliances That Stay or Are Included: Dishwasher, Refrigerator, Stove/Cooktop, Water Softener
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1499
  • Exemptions: Owner
  • Front: 138
  • General Features: Basement Entrance, County Taxes, Deck, Full Exposure, Garden Shed, Out Building(s)
  • Legal Description: PLAT OF CHERRY VALLEY EXC W60FT LOT 1 + ALL LOTS 2 + 003 BLOCK 012
  • Lot Acreage: 0.49
  • Lvt Date: 06/01/2016
  • Number of Main Level Full Bathrooms: 1
  • Number of Lower Level Half Bathrooms: 1
  • Rear: 138
  • Side 1: 155.1
  • Side 2: 155.1
  • Stove Range Fuel: Electric
  • Style: 1.5 Story
  • Type: House
  • Agent Only_ L A1 User Code: 10344
  • Elementary School: District 205-RFD
  • Garage Type Driveway: Attached, Detached
  • Pertinent Facts: Beautifully located home in the heart of Cherry Valley. This half acre home with a 3.5 car garage won't last long. 3 bedrooms with room to expand the lower level that features a full walkout to the back yard. Perfect for a new buyer looking to grow in this great area. Close to parks, shopping and highway access!
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 3
  • Basement Type: Full
  • Master Bedroom: Dimensions: 13x12.9, On Level: Upper
  • Bedroom 2: Dimensions: 12x8, On Level: Main
  • Bedroom 3: Dimensions: 11x10.5, On Level: Main
  • Dining Room: Yes, On Level: Main, Dimensions: 13x9.7
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 11.8x9.3, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 17.4x12.5
  • Recreation Room: Yes, On Level: Lower, Dimensions: 19.3x16.1
  • Total Bathrooms: 1.5
  • Basement: Yes

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Garage: 3.5

Utilities

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

Building Info

  • Year Built: 1946

Tax Info

  • Year: 2015
  • Taxes: 2994

MLS Schools

  • HighSchool: District 205-RFD
  • School District: Rockford 205
  • Middle School: District 205-RFD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2016
Closed on
Jul 15, 2016
Sold by
Thompson Kristine E
Bought by
Dailing Katherine M and Dailing Moeller
Seller's Agent
Carlos Serna
Century 21 Affiliated
Buyer's Agent
Carlos Serna
Century 21 Affiliated
List Price
$85,000
Sold Price
$80,000
Premium/Discount to List
-$5,000
-5.88%
Current Estimated Value
$185,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,573
Avg. Annual Appreciation
8.99%
Original Mortgage
$78,551
Outstanding Balance
$63,287
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$122,286
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
Dailing Katherine M $80,000 Other
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dailing Katherine M $78,551
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2016 07/15/16 Sold $80,000 -5.9% $53 / Sq Ft
06/01/2016 06/01/16 Pending -- -- --
05/31/2016 05/31/16 For Sale $85,000 -- $57 / 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 $3,221 $48,105 $10,388 $37,717
2022 $3,189 $41,144 $9,073 $32,071
2021 $3,215 $39,129 $8,629 $30,500
2020 $3,193 $37,465 $8,262 $29,203
2019 $3,111 $35,709 $7,875 $27,834
2018 $3,076 $33,700 $7,669 $26,031
2017 $3,067 $32,706 $7,443 $25,263
2016 $3,729 $32,015 $7,286 $24,729
2015 $1,497 $31,427 $7,152 $24,275
2014 $2,848 $31,427 $7,152 $24,275
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201603197

NorthWest Illinois Alliance of REALTORS®

APN: 16-01-106-002

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