Seller's Agent in 2020
Matthew Hoffman
Hoffman Realty
(815) 501-3351
1 in this area
66 Total Sales
4464 River Rd Cherry Valley, IL 61016
Estimated Value: $294,000 - $423,000
8
Beds
2
Baths
3,750
Sq Ft
$95/Sq Ft
Est. Value
Highlights
- Second Kitchen
- Detached Garage
- Central Air
- Deck
- Porch
- Senior Tax Exemptions
About This Home
As of December 2020Rare opportunity to own a historic home in an idyllic setting! This is the first time that the "John Brown Broom Corn Farmhouse" will be available for sale to the public since since 1861. This original sixteen room farmhouse sits on a hill overlooking a scenic curve of River Rd just outside of the Village of Cherry Valley. The reason it has so many rooms is that it housed the workers for the Broom Corn Farm. The original farm was almost one thousand acres and this 2.66 acre farmette is the last piece of it. This home has been maintained for years but has not been updated recently. Start a new chapter in the story of this property whether you choose to create a historically accurate bed and breakfast or use a "Farmhouse Chic" design when you renovate your new home. With 3,750 approximate SF and up to 8 bedrooms with 2 full baths and upstairs kitchenette there is more than enough room to make your own farmhouse vision become reality. Schedule a viewing today and see what potential this property holds for you!
Last Agent to Sell the Property
Hoffman Realty License #475154045 Listed on: 08/30/2020
Home Details
Home Type
- Single Family
Year Built
- 1861
Lot Details
- Rural Setting
Parking
- Detached Garage
- Gravel Driveway
- Garage Is Owned
Home Design
- Vinyl Siding
Kitchen
- Second Kitchen
- Breakfast Bar
- Oven or Range
- Dishwasher
Laundry
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Basement Cellar
Outdoor Features
- Deck
- Porch
Utilities
- Central Air
- Heating System Uses Propane
- Well
- Private or Community Septic Tank
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 30, 2020
Closed on
Dec 17, 2020
Sold by
Lofquist Gerald O and Lofquist Kristine J
Bought by
Cook Jeffrey D and Cook Tamara A
Seller's Agent
Matthew Hoffman
Hoffman Realty
Buyer's Agent
Matthew Hoffman
Hoffman Realty
List Price
$239,000
Sold Price
$190,000
Premium/Discount to List
-$49,000
-20.5%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,844
Avg. Annual Appreciation
12.63%
Original Mortgage
$180,500
Interest Rate
2.88%
Mortgage Type
New Conventional
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cook Jeffrey D | $190,000 | None Listed On Document | |
| Cook Jeffrey D | $190,000 | Charles G Popp Pc |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Cook Jeffrey D | $180,500 | |
| Previous Owner | Cook Jeffrey D | $111,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/18/2020 12/18/20 | Sold | $190,000 | -13.6% | $51 / Sq Ft |
| 10/12/2020 10/12/20 | Pending | -- | -- | -- |
| 09/15/2020 09/15/20 | Price Changed | $219,900 | -8.0% | $59 / Sq Ft |
| 08/30/2020 08/30/20 | For Sale | $239,000 | -- | $64 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 | $6,865 | $97,220 | $15,584 | $81,636 |
| 2023 | $7,117 | $87,420 | $14,013 | $73,407 |
| 2022 | $6,238 | $69,970 | $13,201 | $56,769 |
| 2021 | $5,770 | $66,543 | $12,554 | $53,989 |
| 2020 | $1,743 | $63,714 | $12,020 | $51,694 |
| 2019 | $1,799 | $60,726 | $11,456 | $49,270 |
| 2018 | $1,907 | $58,221 | $11,156 | $47,065 |
| 2017 | $5,133 | $56,503 | $10,827 | $45,676 |
| 2016 | $2,000 | $55,308 | $10,598 | $44,710 |
| 2015 | $1,011 | $54,292 | $10,403 | $43,889 |
| 2014 | $1,985 | $55,540 | $10,341 | $45,199 |
Source: Public Records
Agents Affiliated with this Home
-
Matthew Hoffman
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10840119
APN: 16-12-251-001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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