NOT LISTED FOR SALE

7042 Sorghum Ln Cherry Valley, IL 61016

Estimated Value: $305,000 - $341,000

4 Beds
2.5 Baths
2,782 Sq Ft
$114/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $278,000 $100 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,153/month

Highlights

  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Solid Surface Countertops
  • Ranch Style House
  • Great Room
  • Fenced Yard

About This Home

As of August 2022

Gorgeous and updated, this 4 bedroom 2.5 bathroom ranch is situated on a large fenced in yard and is ready for its new owner! With over 2,700 total sq feet of living space, this home is a lot bigger than it seems! Luxury vinyl plank flooring throughout main levels except for bedrooms which have newer carpet. Gorgeous entry way to the vaulted great room with a brick gas fireplace and skylights to bring in natural light. Modern white kitchen with eat in area and newer stainless steel appliances that stay. Formal dining room for extra guests. Sliding door to the outdoor patio area, fenced in large yard and shed for all your outdoor toys. Large mudroom with pantry and option for laundry hook up. All 4 bedrooms on main level with the master boasting a tray ceiling, organized closet shelving with sliding barn door, full bath and jacuzzi tub. Lower level is beautifully completed with additional living space including a rec room, bonus/media room and another area for toys, dining, etc. A half bath that is also plumbed for a shower, a storage room and laundry complete the lower level. Updated lighting and white trim throughout. Newer roof, 200 amp service, Aprilaire. Conveniently located to retail, restaurants, and more. A must see!

Last Agent to Sell the Property

Carmelina Korasick

Heartland Realty LLC License #471.021019 Listed on: 07/05/2022

Last Buyer's Agent

Korky Williams

Gambino Realtors License #475084266

Gambino Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,595

Lot Details

  • 0.35 Acre Lot
  • Fenced Yard

Home Design

  • Ranch Style House
  • Brick or Stone Mason
  • Shingle Roof
  • Siding

Interior Spaces

  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Window Treatments
  • Great Room

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Laundry in Basement

Parking

  • 2.5 Car Garage
  • Garage Door Opener
  • Driveway

Outdoor Features

  • Patio
  • Shed

Schools

  • Cherry Valley Elementary School
  • Bernard W Flinn Middle School
  • Jefferson High School

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,595

Lot Details

0

Listing Details

  • Interior Amenities: Ceiling Fans/Remotes, Ceiling-Tray, Ceiling-Vaults/Cathedral, CO Detectors, Countertop-Solid Surface, Whirlpool Tub, Window Treatments
  • Road Frontage: City/Town
  • Type: City/Town, Subdivision
  • Electric: Circuit Breaker
  • Additional Room 5: Mud Room, Dimensions: 8.6x8.6, On Level: Main
  • Additional Room 6: Office/Den, Dimensions: 12.6x12.0, On Level: Lower
  • Appliances That Stay or Are Included: Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Sump Pump, Washer, Water Softener
  • Class: HOUSE
  • Estimated Below Grade Finished Sq Ft: 950
  • Exemptions: Owner
  • Front: 90.08
  • General Features: County Taxes, Garden Shed, Great Room, L.L. Finished Space, Main Floor Master, Patio, Skylight(s), Laundry Basement, Fenced Yard
  • Grid: 88
  • Legal Description: PLAT NO 9 VALLEY VIEW SOUTH BNG PT N1/2 NW1/4 SEC 11-43-2 LOT 252
  • Lot Acreage: 0.35
  • Lvt Date: 07/05/2022
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Rear: 125
  • Side 1: 145.6
  • Side 2: 152.84
  • Stove Range Fuel: Gas
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: 110424
  • Egress: No
  • Elementary School: Cherry Valley Elementary
  • Estimated Total Finished Sq Ft: 2782
  • Garage Type Driveway: Attached, Garage Remote/Opener
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Gorgeous and updated, this 4 bedroom 2.5 bathroom ranch is situated on a large fenced in yard and is ready for its new owner! With over 2,700 total sq feet of living space, this home is a lot bigger than it seems! Luxury vinyl plank flooring throughout main levels except for bedrooms which have newer carpet. Gorgeous entry way to the vaulted great room with a brick gas fireplace and skylights to bring in natural light. Modern white kitchen with eat in area and newer stainless steel appliances that stay. Formal dining room for extra guests. Sliding door to the outdoor patio area, fenced in large yard and shed for all your outdoor toys. Large mudroom with pantry and option for laundry hook up. All 4 bedrooms on main level with the master boasting a tray ceiling, organized closet shelving with sliding barn door, full bath and jacuzzi tub. Lower level is beautifully completed with additional living space including a rec room, bonus/media room and another area for toys, dining, etc. A half bath that is also plumbed for a shower, a storage room and laundry complete the lower level. Updated lighting and white trim throughout. Newer roof, 200 amp service, Aprilaire. Conveniently located to retail, restaurants, and more. A must see!
  • Designated Managing Broker Y N: Yes
  • Estimated Above Grade Sq Ft: 1832
  • L O1 Brokerage Number: 481000405
  • S O1 Brokerage Number: 478003863
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Basement Type: Full
  • Master Bedroom: Dimensions: 15.0x12.6, On Level: Main
  • Fireplace Type: Gas
  • Basement: Finished
  • Bedroom 2: Dimensions: 10.10x11.00, On Level: Main
  • Bedroom 3: Dimensions: 10.10x10.00, On Level: Main
  • Bedroom 4: Dimensions: 13.2x10.0, On Level: Main
  • Dining Room: Yes, On Level: Main, Dimensions: 11.6x11.6
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 26.0x13.0, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 20.0x16.0
  • Number Of Fireplaces: 1
  • Price Per Sq Ft: 99.93
  • Recreation Room: Yes, On Level: Lower
  • Total Bathrooms: 2.5
  • Basement: Yes

Exterior Features

  • Exterior: Brick/Stone, Siding
  • Roof: Shingle

Garage/Parking

  • Garage: 2.5

Utilities

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

Schools

  • School District: Rockford 205
  • Elementary School: Cherry Valley Elementary
  • Middle School: Bernard W Flinn Middle
  • High School: Jefferson High

Tax Info

  • Year: 2021
  • Taxes: 5595

MLS Schools

  • HighSchool: Jefferson High
  • School District: Rockford 205
  • Middle School: Bernard W Flinn Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2022
Closed on
Aug 19, 2022
Sold by
Lavery William M and Lavery Amy N
Bought by
Dolfi Eugene and Dolfi Dolores
Seller's Agent
Carmelina Korasick
Heartland Realty LLC
Buyer's Agent
Korky Williams
Gambino Realtors
List Price
$259,900
Sold Price
$278,000
Premium/Discount to List
$18,100
6.96%
Current Estimated Value
$318,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,104
Avg. Annual Appreciation
3.41%
Original Mortgage
$194,600
Outstanding Balance
$186,796
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$121,475

Purchase Details

Listed on
Oct 15, 2018
Closed on
Nov 21, 2018
Sold by
Rafferty James W and Rafferty Vicki S
Bought by
Lavery William M
Seller's Agent
Heather Hall
Keller Williams Realty Signature
Buyer's Agent
David Collins
Heartland Realty LLC
List Price
$185,000
Sold Price
$181,000
Premium/Discount to List
-$4,000
-2.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.12%
Original Mortgage
$170,600
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 1995
Bought by
Rafferty James W and Rafferty Vicki S
Source: Public Records

Range of Values:

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Average Value
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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
Dolfi Eugene $278,000 Kelly C Connor Pc
Lavery William M $181,000 Mta
Lavery William M $181,000 Kelly Connor Nicholas Pc
Rafferty James W $134,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dolfi Eugene $194,600
Previous Owner Lavery William M $170,000
Previous Owner Lavery William M $170,600
Closed Lavery William M $9,050
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2022 08/22/22 Sold $278,000 +7.0% $100 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
07/05/2022 07/05/22 For Sale $259,900 +43.6% $93 / Sq Ft
11/21/2018 11/21/18 Sold $181,000 -2.2% $99 / Sq Ft
10/24/2018 10/24/18 For Sale $185,000 0.0% $101 / Sq Ft
10/19/2018 10/19/18 Pending -- -- --
10/15/2018 10/15/18 For Sale $185,000 -- $101 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $5,503 $82,929 $10,388 $72,541
2023 $5,134 $72,979 $9,341 $63,638
2022 $5,367 $66,946 $10,677 $56,269
2021 $5,596 $63,667 $10,154 $53,513
2020 $5,578 $60,960 $9,722 $51,238
2019 $5,456 $58,101 $9,266 $48,835
2018 $5,526 $56,250 $9,023 $47,227
2017 $5,580 $54,591 $8,757 $45,834
2016 $5,525 $53,437 $8,572 $44,865
2015 $5,471 $52,456 $8,415 $44,041
2014 $5,020 $50,947 $8,415 $42,532
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202204341

NorthWest Illinois Alliance of REALTORS®

APN: 16-11-102-005