NOT LISTED FOR SALE

5515 Rotary Rd Cherry Valley, IL 61016

Estimated Value: $282,000 - $348,000

3 Beds
2 Baths
1,479 Sq Ft
$217/Sq Ft Est. Value

Sale Details

Date Sold: June 14, 2024

Last sale price $300,000 $203 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,096 / mo

6 Days on Market

Highlights

  • Barn
  • Second Garage
  • Mature Trees
  • Stables
  • 2.23 Acre Lot
  • Ranch Style House

About This Home

As of June 2024

Attention equestrians! Zoned AG! Looking for a place you can look out your windows to watch your animals; here it is! This solid brick ranch sits on 2.23 acres. Great location! Ranch style home with 3 BRs, 2 baths, and a 2 car attached garage that can be heated by the fireplace vent. The other 2.5 car detached garage with brick has been converted to a two horse stall, has stall mats, tack room, feed room, and 220 elec. Can easily be converted back to a garage if needed. New movable lean-to with tack room has solar power. Red barn with 2 stalls (could be made into 3) has 220 elec and tack room-roof on red barn/outbuilding is not good. Two pastures with solar powered electric fencing. Living room has newer flooring, a large picture window, brick fireplace surrounded by built-in shelving. Formal dining room with slider to 4 season room with views of land. Eat-in kitchen has cute painted cabinets with updated hardware. New kitchen flooring. Hardwood floors in bedrooms and dining room. Walk-through master bathroom can be accessed from master bedroom or dining room. Third bedroom currently used as laundry room; also laundry hookups in LL. Great views looking out over your animals in the enclosed back porch. Bonus room in lower level, built-in shelving. All appliances stay. Water filtration system. Security system can stay. Natural gas and cable internet! Temporary lean-to/run in for horses can stay, specify if you want it. Cement pad for small dog run or shed. Fenced child/pet pen off 4 season porch. County taxes. Newer 90% eff. furnace. Near equestrian entities, such as Cherry Valley Equestrian Center, and several forest preserves, including Rockford Rotary Forest Preserve where you can ride the equestrian trails. Newer Cherry Valley Elementary School nearby. Home has only had two owners. No FHA or VA.

Last Agent to Sell the Property

Tamara Potter

Keller Williams Realty Signature License #475129603 Listed on: 05/11/2024

Keller Williams Realty Signature

Last Buyer's Agent

Roger Duarte Nevarez

Midwest SignatureProperties Co License #471022088

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,595

Year Built

  • Built in 1967

Lot Details

  • 2.23 Acre Lot
  • Lot Dimensions are 286.1 x 380.64 x 286.1 x 380.64
  • Fenced Yard
  • Electric Fence
  • Paved or Partially Paved Lot
  • Mature Trees
  • Wooded Lot

Parking

  • 4.5 Car Garage
  • 6 Open Parking Spaces
  • Second Garage
  • Multiple Garages
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Box Stalls

Interior Spaces

  • 1,479 Sq Ft Home
  • Bookcases
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Sun or Florida Room
  • Heated Enclosed Porch
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in multiple locations
  • Dryer
  • Washer

Outdoor Features

  • Shed

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral
  • Stables

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Well
  • Water Softener is Owned
  • Private or Community Septic Tank

Community Details

  • Horse Trails

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,595

Year Built

Built in 1967

Lot Details

2.23 Acres

Parking

4

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1967
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer, Water Softener Owned
  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: First Floor Bedroom, First Floor Laundry, Bookcases, Some Wood Floors, Separate Dining Room
  • LivingArea: 1479
  • Room Type: Bonus Room, Enclosed Porch Heated, Sun Room
  • Estimated Total Finished Sq Ft: 1700
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Fireplace Location: Living Room
  • Total Sq Ft: 1700
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Box Stalls
  • Lot Features: Fenced Yard, Horses Allowed, Wooded, Mature Trees, Electric Fence, Pasture
  • OtherStructures: Barn(s), Second Garage, Shed(s), Stable(s), Corral(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Wood Siding

Garage/Parking

  • Garage Spaces: 4.5
  • OpenParkingSpaces: 6
  • Parking Features: Side Apron, Driveway
  • ParkingTotal: 10.5
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated,Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached,Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Multiple Locations
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Horse-Riding Area, Horse-Riding Trails, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Size Acres: 2.23
  • Lot Dimensions: 286.1 X 380.64 X 286.1 X 380.64
  • Rural (Y/N): Y
  • Lot Size: 2.0-2.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4595
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2024
Closed on
Jun 21, 2024
Sold by
Stoklosa Alexis
Bought by
Hernandez Marco
Seller's Agent
Tamara Potter
Keller Williams Realty Signature
Buyer's Agent
Roger Duarte Nevarez
Midwest SignatureProperties Co
List Price
$295,000
Sold Price
$300,000
Premium/Discount to List
$5,000
1.69%
Views
64
Current Estimated Value
$320,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,217
Avg. Annual Appreciation
3.59%
Original Mortgage
$291,000
Outstanding Balance
$287,615
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$32,602

Purchase Details

Closed on
Apr 5, 2024
Sold by
Stoklosa Lauren
Bought by
Stoklosa Alexis

Purchase Details

Closed on
Jan 18, 2024
Sold by
Stoklosa Lauren
Bought by
Stoklosa Lauren and Stoklosa Alexis

Purchase Details

Listed on
Oct 25, 2021
Closed on
Dec 3, 2021
Sold by
Masters Dennis L and Masters Julie
Bought by
Stoklosa Lauren
Seller's Agent
Dianne Parvin
DICKERSON & NIEMAN
Buyer's Agent
Tamara Potter
Keller Williams Realty Signature
List Price
$232,500
Sold Price
$215,000
Premium/Discount to List
-$17,500
-7.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.50%
Original Mortgage
$161,250
Interest Rate
3.14%
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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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
Hernandez Marco $300,000 None Listed On Document
Stoklosa Alexis -- None Listed On Document
Stoklosa Lauren -- None Listed On Document
Stoklosa Lauren $215,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hernandez Marco $291,000
Previous Owner Stoklosa Lauren $161,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/14/2024 06/14/24 Sold $300,000 +1.7% $203 / Sq Ft
05/18/2024 05/18/24 Pending -- -- --
05/11/2024 05/11/24 For Sale $295,000 +37.2% $199 / Sq Ft
12/03/2021 12/03/21 Sold $215,000 -7.5% $114 / Sq Ft View Prior Sale
10/29/2021 10/29/21 Pending -- -- --
10/25/2021 10/25/21 For Sale $232,500 -- $124 / 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 $4,774 $69,442 $15,583 $53,859
2023 $4,595 $62,442 $14,012 $48,430
2022 $4,492 $56,385 $13,201 $43,184
2021 $4,062 $53,623 $12,554 $41,069
2020 $2,568 $51,343 $12,020 $39,323
2019 $2,650 $48,935 $11,456 $37,479
2018 $2,811 $47,482 $11,156 $36,326
2017 $2,906 $46,081 $10,827 $35,254
2016 $2,947 $45,107 $10,598 $34,509
2015 $1,490 $44,279 $10,403 $33,876
2014 $1,462 $43,902 $7,290 $36,612
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12053731

Midwest Real Estate Data (MRED)

APN: 16-28-400-001

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