NOT LISTED FOR SALE

701 Cherry Valley Rd Vernon Hills, IL 60061

Estimated Value: $366,000 - $409,000

3 Beds
2 Baths
1,600 Sq Ft
$242/Sq Ft Est. Value

About This Home

This home is located at 701 Cherry Valley Rd, Vernon Hills, IL 60061 and is currently estimated at $387,542, approximately $242 per square foot. 701 Cherry Valley Rd is a home located in Lake County with nearby schools including Country Meadows Elementary School, Woodlawn Middle School, and Adlai E Stevenson High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2006
Sold by
Graham Lila M
Bought by
Rut Josef and Rut Jolanta
Current Estimated Value
$387,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,600
Outstanding Balance
$100,862
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$286,680

Purchase Details

Closed on
Aug 27, 1999
Sold by
Koning John Todd and Koning Marcy
Bought by
Graham Lila M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.77%

Purchase Details

Closed on
Jun 26, 1998
Sold by
Pesola Rocco A and Pesola Gayle L
Bought by
Koning John Todd and Koning Marcy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
7.15%
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.

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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.

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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.

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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.

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Average Value
Not Available
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
Rut Josef $232,000 None Available
Graham Lila M $157,000 First American Title
Koning John Todd $147,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rut Josef $185,600
Previous Owner Graham Lila M $110,000
Previous Owner Koning John Todd $117,600
Source: Public Records

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 $6,792 $90,666 $19,678 $70,988
2023 $6,762 $85,550 $18,568 $66,982
2022 $6,762 $80,394 $17,449 $62,945
2021 $6,526 $79,527 $17,261 $62,266
2020 $6,407 $79,798 $17,320 $62,478
2019 $6,736 $79,504 $17,256 $62,248
2018 $5,860 $70,707 $17,056 $53,651
2017 $5,788 $69,057 $16,658 $52,399
2016 $5,572 $66,127 $15,951 $50,176
2015 $5,434 $61,841 $14,917 $46,924
2014 $5,106 $58,699 $16,021 $42,678
2012 $5,072 $58,817 $16,053 $42,764
Source: Public Records

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