NOT LISTED FOR SALE

3243 Hoffman Ct Cherry Valley, IL 61016

Estimated Value: $345,054 - $381,000

5 Beds
3.5 Baths
3,199 Sq Ft
$113/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2021

Last sale price $280,000 $88 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,306 / mo

4 Days on Market

Highlights

  • 0.57 Acre Lot
  • Ranch Style House
  • Brick or Stone Mason
  • Deck
  • Granite Countertops
  • Shed

About This Home

As of June 2021

Welcome Home to Cherry Valley! This quality-built ranch home is situated on an amazing park-like corner lot. Upon entering, you will feel at home. The cozy family room w/ fireplace & updated kitchen w/ granite, tile backsplash, will be the heart of this home with views at every angle. Gorgeous bamboo flooring runs through the living dining, kitchen & family rooms. With almost 1800 square feet on the main level plus an additional 1400 (est) finished in the lower level, this home is larger than it looks. The lower level features 2 bedrooms, bath, rec rm, office, exercise rm & loads of storage throughout. There is additional storage in the shed w/ a loft & garage w/ “potting shed” area. All of this is great, but…Outside will be your oasis. Peaceful & tranquil describe this back yard w/ walking paths, gazebo, pergola, deck, grassy open areas, beautiful trees & nature to watch the birds and relax. You will not want to leave!

Last Agent to Sell the Property

Christi Steines

DICKERSON & NIEMAN License #471004161 Listed on: 05/21/2021

DICKERSON & NIEMAN

Last Buyer's Agent

Charla Piper

Century 21 Affiliated License #475188693

Century 21 Affiliated

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,521

Lot Details

  • 24,829 Sq Ft Lot

Home Design

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

Interior Spaces

  • Wood Burning Fireplace
  • Finished Basement
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Electric Range
  • Stove
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 2.5 Car Garage
  • Driveway

Outdoor Features

  • Deck
  • Shed

Schools

  • Cherry Valley Elementary School
  • Bernard W Flinn Middle School
  • Jefferson 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

$5,521

Lot Details

0.57 Acres

Listing Details

  • Interior Amenities: Countertop-Granite
  • Road Frontage: City/Town
  • Type: None
  • Electric: Circuit Breaker
  • Additional Room 5: BEDROOM 5, Dimensions: 13.2x13, On Level: Lower
  • Additional Room 6: EXERCISE R, Dimensions: 14x12.8, On Level: Lower
  • Additional Room 7: OFFICE, Dimensions: 12x9.7, On Level: Lower
  • Appliances That Stay or Are Included: Dishwasher, Microwave, Stove/Cooktop, Water Softener
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1799
  • Estimated Below Grade Finished Sq Ft: 1400
  • Exemptions: Owner
  • Front: 122
  • General Features: County Taxes, Deck, Garden Shed, Laundry 1st Floor, L.L. Finished Space, Main Floor Master, Partial Exposure
  • Legal Description: VALLEY RIDGE SUB BNG PT 2 1/2 NE 1/4 SEC 2-43-2 LOT 3
  • Lot Acreage: 0.57
  • Lvt Date: 05/21/2021
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Number of Main Level Half Bathrooms: 1
  • Rear: 141.83
  • Side 1: 193.02
  • Side 2: 192
  • Stove Range Fuel: Electric
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: 4194
  • Egress: Yes
  • Elementary School: Cherry Valley Elementary
  • Estimated Total Finished Sq Ft: 3199
  • Garage Type Driveway: Attached
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Welcome Home to Cherry Valley! This quality-built ranch home is situated on an amazing park-like corner lot. Upon entering, you will feel at home. The cozy family room w/ fireplace & updated kitchen w/ granite, tile backsplash, will be the heart of this home with views at every angle. Gorgeous bamboo flooring runs through the living dining, kitchen & family rooms. With almost 1800 square feet on the main level plus an additional 1400 (est) finished in the lower level, this home is larger than it looks. The lower level features 2 bedrooms, bath, rec rm, office, exercise rm & loads of storage throughout. There is additional storage in the shed w/ a loft & garage w/ “potting shed” area. All of this is great, but…Outside will be your oasis. Peaceful & tranquil describe this back yard w/ walking paths, gazebo, pergola, deck, grassy open areas, beautiful trees & nature to watch the birds and relax. You will not want to leave!
  • Designated Managing Broker Y N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Basement Type: Full
  • Master Bedroom: Dimensions: 15x12, On Level: Main
  • Fireplace Type: Wood
  • Basement: Finished, Partial Exposure
  • Bedroom 2: Dimensions: 12x11.5, On Level: Main
  • Bedroom 3: Dimensions: 11.6x11, On Level: Main
  • Bedroom 4: Dimensions: 14.8x12.10, On Level: Lower
  • Dining Room: Yes, On Level: Main, Dimensions: 11x10.5
  • Family Room: Yes, On Level: Main, Dimensions: 22x15
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 20.5x10.4, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 15.4x13.10
  • Number Of Fireplaces: 1
  • Recreation Room: Yes, On Level: Lower, Dimensions: 30.7x12.6
  • Total Bathrooms: 3.5
  • Basement: Yes

Exterior Features

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

Garage/Parking

  • Garage: 2.5

Utilities

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

Tax Info

  • Year: 2020
  • Taxes: 5521

MLS Schools

  • HighSchool: Jefferson High
  • School District: Rockford 205
  • Middle School: Bernard W Flinn Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jul 2, 2021
Sold by
Burns Steven R
Bought by
Penzkover Kevin and Penzkover Melessa A
Seller's Agent
Christi Steines
DICKERSON & NIEMAN
Buyer's Agent
Charla Piper
Century 21 Affiliated
List Price
$249,900
Sold Price
$280,000
Premium/Discount to List
$30,100
12.04%
Current Estimated Value
$361,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,264
Avg. Annual Appreciation
5.52%
Original Mortgage
$280,000
Outstanding Balance
$254,443
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$106,821

Purchase Details

Listed on
May 21, 2021
Closed on
Jun 28, 2021
Sold by
Burns Steven R
Bought by
Penzkover Kevin and Penzkover Melessa A
Seller's Agent
Christi Steines
DICKERSON & NIEMAN
Buyer's Agent
Charla Piper
Century 21 Affiliated
List Price
$249,900
Sold Price
$280,000
Premium/Discount to List
$30,100
12.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Outstanding Balance
$254,443
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$106,821

Purchase Details

Closed on
Jul 15, 2016
Sold by
Hansen R J & V S Trust 2009
Bought by
Burns Steven R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,920
Interest Rate
2.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Penzkover Kevin -- Wheatland Title
Penzkover Kevin -- Wheatland Title
Burns Steven R $167,400 Attorney Only
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penzkover Kevin $280,000
Closed Penzkover Kevin $280,000
Previous Owner Burns Steven R $135,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2021 06/30/21 Sold $280,000 +12.0% $88 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $249,900 -- $78 / 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 -- $93,726 $15,583 $78,143
2023 $5,539 $77,138 $14,012 $63,126
2022 $5,539 $66,330 $13,199 $53,131
2021 $1,968 $63,082 $12,553 $50,529
2020 $5,521 $60,400 $12,019 $48,381
2019 $5,400 $57,567 $11,455 $46,112
2018 $6,046 $54,440 $11,155 $43,285
2017 $6,067 $52,834 $10,826 $42,008
2016 $4,742 $51,717 $10,597 $41,120
2015 $2,342 $50,767 $10,402 $40,365
2014 $4,777 $48,768 $10,405 $38,363
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202102381

NorthWest Illinois Alliance of REALTORS®

APN: 16-02-227-003

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