NOT LISTED FOR SALE

340 Cherry Valley Rd Vernon Hills, IL 60061

Estimated Value: $329,000 - $363,790

4 Beds
1 Bath
1,326 Sq Ft
$260/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $277,000 $209 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,216/month

24 Days on Market

Highlights

  • Sitting Room
  • 1-Story Property
  • Forced Air Heating and Cooling System
  • Hawthorn Elementary School South Rated A

About This Home

As of October 2023

Great 4 bedroom ranch plus a bonus room off 4th bedroom! This home has just been remodeled throughout. New carpet, flooring, kitchen cabinets, stainless appliances to be installed, new gutters & downspouts, windows & siding 2 years old, air & furnace 4 years old, hot water heater is 6 years old. Professionally painted throughout. Remodeled bath. Nice quiet area of Vernon Hills within walking distance to the park. Enjoy all that area has to offer. Shopping, dining, many parks, aquatic center and top rated schools. Close to Metra & tollway. Shed is as-is condition. Stainless kitchen appliances to be installed, white washer & dryer.

Last Agent to Sell the Property

Lori Progar

Coldwell Banker Realty License #471009309 Listed on: 08/19/2023

Coldwell Banker Realty

Last Buyer's Agent

Lihong Huang

EverBright Realty License #475152039

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,270

Year Built

  • Built in 1962 | Remodeled in 2023

Lot Details

  • Lot Dimensions are 70 x 122

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,326 Sq Ft Home
  • 1-Story Property
  • Sitting Room
  • Crawl Space

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price

Schools

  • Vernon Hills High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • Country Club Estates Subdivision, Ranch Floorplan

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,270

Year Built

Built in 1962 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Country Club Estates
  • Year Built: 1962
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 4
  • LivingArea: 1326
  • Room Type: Sitting Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Vernon Hills High School

Lot Info

  • Lot Dimensions: 70 X 122
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4270
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2023
Closed on
Oct 30, 2023
Sold by
Nelson Lavina
Bought by
Wrzek Michael
Seller's Agent
Lori Progar
Coldwell Banker Realty
Buyer's Agent
Lihong Huang
EverBright Realty
List Price
$279,900
Sold Price
$277,000
Premium/Discount to List
-$2,900
-1.04%
Views
207
Current Estimated Value
$345,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,198
Avg. Annual Appreciation
11.70%
Original Mortgage
$249,300
Outstanding Balance
$244,850
Interest Rate
7.38%
Mortgage Type
Construction
Estimated Equity
$100,348

Purchase Details

Listed on
Aug 19, 2023
Closed on
Oct 14, 2023
Sold by
Nelson Timothy and Nelson Dan
Bought by
Wrzek Michael
Seller's Agent
Lori Progar
Coldwell Banker Realty
Buyer's Agent
Lihong Huang
EverBright Realty
List Price
$279,900
Sold Price
$277,000
Premium/Discount to List
-$2,900
-1.04%
Views
207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,300
Outstanding Balance
$244,850
Interest Rate
7.38%
Mortgage Type
Construction
Estimated Equity
$100,348

Purchase Details

Closed on
Nov 9, 2006
Sold by
Nelson James L and Nelson Lavina E
Bought by
Nelson Lavina E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wrzek Michael $277,000 Chicago Title
Wrzek Michael -- None Listed On Document
Nelson Lavina E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wrzek Michael $249,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2023 10/31/23 Sold $277,000 -1.0% $209 / Sq Ft
09/13/2023 09/13/23 Pending -- -- --
09/08/2023 09/08/23 For Sale $279,900 0.0% $211 / Sq Ft
08/21/2023 08/21/23 Pending -- -- --
08/19/2023 08/19/23 For Sale $279,900 -- $211 / 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 $4,911 $83,555 $21,882 $61,673
2023 $4,270 $68,557 $17,954 $50,603
2022 $4,270 $56,908 $14,903 $42,005
2021 $3,388 $56,294 $14,742 $41,552
2020 $3,323 $56,486 $14,792 $41,694
2019 $3,227 $56,277 $14,737 $41,540
2018 $4,305 $60,644 $16,022 $44,622
2017 $4,281 $59,228 $15,648 $43,580
2016 $3,327 $56,715 $14,984 $41,731
2015 $3,519 $53,039 $14,013 $39,026
2014 $4,636 $48,206 $15,050 $33,156
2012 $4,516 $48,302 $15,080 $33,222
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11863726

Midwest Real Estate Data (MRED)

APN: 15-08-110-021