NOT LISTED FOR SALE

4941 Markell Ln Cherry Valley, IL 61016

Estimated Value: $328,000 - $481,381

4 Beds
4 Baths
3,190 Sq Ft
$123/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $265,000 $83 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,919/month

3 Days on Market

Highlights

  • Deck
  • Forced Air Heating and Cooling System
  • Gas Fireplace

About This Home

As of February 2022

SBR

Last Agent to Sell the Property

Nayyar Anjum

Key Realty, Inc License #475140338 Listed on: 01/26/2022

Key Realty, Inc

Last Buyer's Agent

NON-NWIAR Member

NorthWest Illinois Alliance of REALTORS®

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,608

Lot Details

  • 0.41

Home Design

  • Shingle Roof
  • Siding

Interior Spaces

  • 2-Story Property
  • Gas Fireplace
  • Window Treatments
  • Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 3 Car Garage
  • Driveway

Schools

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

Utilities

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

Additional Features

  • Deck
  • 0.41 Acre Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,608

Lot Details

0

Listing Details

  • Interior Amenities: Smoke Detectors, Window Treatments
  • Road Frontage: City/Town
  • Type: City/Town
  • Electric: Circuit Breaker
  • Additional Room 5: Gym, Dimensions: 14x13, On Level: Lower
  • Additional Room 6: Media, Dimensions: 13x12, On Level: Lower
  • Appliances That Stay or Are Included: Dishwasher, Microwave, Refrigerator
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 3190
  • Estimated Below Grade Finished Sq Ft: 940
  • Exemptions: Owner
  • Front: 102
  • General Features: Deck, L.L. Finished Space
  • Legal Description: PENFIELD CROSSING PT SE1/4 SEC 10-43-2 LOT 8
  • Lot Acreage: 0.41
  • Lvt Date: 02/02/2022
  • Number of Upper Level Full Bathrooms: 2
  • Number of Lower Level Half Bathrooms: 1
  • Number of Upper Level Half Bathrooms: 1
  • Rear: 103
  • Side 1: 173
  • Side 2: 173
  • Stove Range Fuel: Gas
  • Style: 2 Story
  • Type: House
  • Agent Only_ L A1 User Code: 110078
  • Egress: No
  • Elementary School: District 205-RFD
  • Estimated Total Finished Sq Ft: 3190
  • Garage Type Driveway: Attached
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: SBR
  • Designated Managing Broker Y N: No
  • Estimated Above Grade Sq Ft: 2250
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 4
  • Basement Type: Full
  • Master Bedroom: Dimensions: 17x13, On Level: Upper
  • Fireplace Type: Gas
  • Basement: Finished
  • Bedroom 2: Dimensions: 14x10, On Level: Upper
  • Bedroom 3: Dimensions: 16x11, On Level: Upper
  • Bedroom 4: Dimensions: 12x10, On Level: Upper
  • Dining Room: Yes, On Level: Main, Dimensions: 15x10
  • Family Room: Yes, On Level: Main, Dimensions: 17x14
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Kitchen: Dimensions: 20x11, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 14x12
  • Recreation Room: Yes, On Level: Lower, Dimensions: 24x14
  • Total Bathrooms: 2.5
  • Basement: Yes

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Garage: 3

Utilities

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

Tax Info

  • Year: 2020
  • Taxes: 6608

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
Jan 26, 2022
Closed on
Feb 19, 2022
Sold by
Zubair Mufti Muhammad and Zubair Sidra
Bought by
Abid Zaheer and Aslam Slafa
Seller's Agent
Nayyar Anjum
Key Realty, Inc
Buyer's Agent
NON-NWIAR Member
NorthWest Illinois Alliance of REALTORS®
List Price
$285,000
Sold Price
$265,000
Premium/Discount to List
-$20,000
-7.02%
Current Estimated Value
$447,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,565
Avg. Annual Appreciation
10.55%
Original Mortgage
$220,000
Outstanding Balance
$204,163
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$188,432

Purchase Details

Closed on
May 7, 2018
Sold by
Pierson Family Trust
Bought by
Mufti Zubair Muhammad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,500
Interest Rate
4.32%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Abid Zaheer $265,000 Schlueter Ecklund & Davitt/Jh
Mufti Zubair Muhammad $214,000 Title Underwriters Agency
Mufti Muhammad Z $210,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abid Zaheer $220,000
Previous Owner Mufti Muhammad Z $160,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2022 02/25/22 Sold $265,000 -7.0% $83 / Sq Ft
01/29/2022 01/29/22 Pending -- -- --
01/26/2022 01/26/22 For Sale $285,000 -- $89 / 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 $7,102 $100,375 $15,831 $84,544
2023 $6,697 $88,254 $14,235 $74,019
2022 $6,542 $79,380 $13,410 $65,970
2021 $6,623 $75,492 $12,753 $62,739
2020 $6,608 $72,283 $12,211 $60,072
2019 $6,470 $68,893 $11,638 $57,255
2018 $6,433 $65,516 $11,333 $54,183
2017 $6,495 $63,583 $10,999 $52,584
2016 $6,433 $62,238 $10,766 $51,472
2015 $6,374 $61,095 $10,568 $50,527
2014 $5,657 $57,566 $10,568 $46,998
Source: Public Records

Agents Affiliated with this Home

  • Nayyar Anjum

    Seller's Agent in 2022

    Nayyar Anjum

    Key Realty, Inc

    (608) 290-6251

    1 in this area

    33 Total Sales

    Nayyar Anjum
    Section Image

  • N

    Buyer's Agent in 2022

    NON-NWIAR Member

    NorthWest Illinois Alliance of REALTORS®

    NON-NWIAR Member
    Section Image
See All Agents

Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202200487

NorthWest Illinois Alliance of REALTORS®

APN: 16-10-478-008

Illinois Winnebago County Cherry Valley 61016

4941 Markell Ln, Cherry Valley, IL

Not Listed for Sale

Detached

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.

NorthWest Illinois Alliance of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes