NOT LISTED FOR SALE

508 Elgin St Cherry Valley, IL 61016

Estimated Value: $144,917 - $174,000

1 Bed
1 Bath
1,258 Sq Ft
$125/Sq Ft Est. Value

Last Sold October 12, 2018

Last sale price $29,900 $24 Per Sq Ft

Est. 426% increase in value since last sale

Current estimated payment $1,006/month

67 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Forced Air Heating System
  • Main Floor Primary Bedroom

About This Home

As of October 2018

Enjoy small town living. Great Location close to school and downtown area. Enjoy summer evenings on the front porch or in the fenced backyard area. Oversized 3 car garage for the hobbyist or extra storage. Sold as is. See attachment for PAS requirements and WFHM offer submittal information in the MLS Documents Section. Please submit all offers to the listing Broker/Agent. To report any concerns with a listing Broker/Agent, or to report any property condition or other concerns needing escalation (including concerns related to a previously submitted offer) please call 1-877-617-5274.

Last Agent to Sell the Property

Bob Lembkey

Berkshire Hathaway HomeServices Crosby Starck RE License #475091958 Listed on: 07/12/2018

Berkshire Hathaway HomeServices Crosby Starck RE

Last Buyer's Agent

Matt Koch

Gambino Realtors License #475137404

Gambino Realtors

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • 0.25 Acre Lot
  • Fenced Yard

Parking

  • 3 Car Garage

Home Design

  • Shingle Roof
  • Siding

Interior Spaces

  • 1,258 Sq Ft Home
  • 1.5-Story Property
  • Crawl Space
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Heating System
  • Electric Water Heater

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Appliances That Stay or Are Included: Dishwasher
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1258
  • Exemptions: Owner
  • Front: 129.69
  • General Features: Deck, Main Floor Master, Fenced Yard
  • Legal Description: E 129.69 FT X W 302.28 FT LOT 2 S OF RY + N OF ELGIN ST SEC: 01 TWP: 043 RANGE: 002 ACRES: 0.25
  • Lot Acreage: 0.25
  • Lvt Date: 07/12/2018
  • Number of Main Level Full Bathrooms: 1
  • Rear: 129.69
  • Side 1: 61.22
  • Side 2: 82.5
  • Style: 1.5 Story
  • Type: House
  • Agent Only_ L A1 User Code: 2165
  • Elementary School: District 205-RFD
  • Pertinent Facts: Enjoy small town living. Great Location close to school and downtown area. Enjoy summer evenings on the front porch or in the fenced backyard area. Oversized 3 car garage for the hobbyist or extra storage. Sold as is. See attachment for PAS requirements and WFHM offer submittal information in the MLS Documents Section. Please submit all offers to the listing Broker/Agent. To report any concerns with a listing Broker/Agent, or to report any property condition or other concerns needing escalation (including concerns related to a previously submitted offer) please call 1-877-617-5274.
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Bedrooms: 1
  • Basement Type: Crawl Space
  • Master Bedroom: Dimensions: 16x12.6, On Level: Main
  • Dining Room: Yes, On Level: Main, Dimensions: 11x10
  • Full Bathrooms: 1
  • Living Room: Yes, On Level: Main, Dimensions: 13x12
  • Total Bathrooms: 1

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Garage: 3

Utilities

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

Building Info

  • Year Built: 1900

Tax Info

  • Year: 2017
  • Taxes: 2064

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
Jul 12, 2018
Closed on
Sep 25, 2018
Sold by
Bowers Robert L
Bought by
Nguyen Mai
Seller's Agent
Bob Lembkey
Berkshire Hathaway HomeServices Crosby Starck RE
Buyer's Agent
Matt Koch
Gambino Realtors
List Price
$39,900
Sold Price
$29,900
Premium/Discount to List
-$10,000
-25.06%
Current Estimated Value
$157,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,329
Avg. Annual Appreciation
25.57%

Purchase Details

Closed on
May 14, 2018
Sold by
Judicial Sales Corporation
Bought by
Wells Fargo Usa Holdings Inc

Purchase Details

Closed on
Jun 30, 1999
Bought by
Steinke Marshall
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Nguyen Mai $29,900 Rtc
Nguyen Mai $29,900 Daun Margaret
Nguyen Mai $29,900 None Listed On Document
Wells Fargo Usa Holdings Inc -- Codilis & Associates Pc
Steinke Marshall $66,800 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2018 10/12/18 Sold $29,900 -25.1% $24 / Sq Ft
09/17/2018 09/17/18 Pending -- -- --
09/10/2018 09/10/18 For Sale $39,900 +33.4% $32 / Sq Ft
08/30/2018 08/30/18 Pending -- -- --
08/27/2018 08/27/18 Off Market $29,900 -- --
08/08/2018 08/08/18 For Sale $39,900 +33.4% $32 / Sq Ft
07/27/2018 07/27/18 Off Market $29,900 -- --
07/12/2018 07/12/18 For Sale $39,900 -- $32 / 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 $2,264 $35,596 $10,388 $25,208
2023 $2,606 $32,008 $9,341 $22,667
2022 $1,024 $11,483 $6,982 $4,501
2021 $469 $10,921 $6,640 $4,281
2020 $444 $10,457 $6,358 $4,099
2019 $446 $9,967 $6,060 $3,907
2018 $2,042 $25,039 $5,901 $19,138
2017 $2,064 $24,300 $5,727 $18,573
2016 $2,034 $23,786 $5,606 $18,180
2015 $2,007 $23,349 $5,503 $17,846
2014 $1,915 $23,349 $5,503 $17,846
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201804329

NorthWest Illinois Alliance of REALTORS®

APN: 16-01-202-003