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
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%
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
Average Home Value in this Area
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
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
Map
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