NOT LISTED FOR SALE

7051 Rye Ridge Trail Cherry Valley, IL 61016

Estimated Value: $271,000 - $312,000

3 Beds
3 Baths
1,630 Sq Ft
$180/Sq Ft Est. Value

Last Sold July 29, 2016

Last sale price $157,000 $96 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $2,026/month

74 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • 2 Car Attached Garage
  • Combination Dining and Living Room
  • Ranch Style House
  • Central Air
  • Senior Tax Exemptions

About This Home

As of July 2016

Back on market due to failure of buyers home sale. This home has it all! Very loved ranch home located in Cherry Valley offers 3 bedrooms with 4th bedroom in the finished basement with the 3rd bathroom and family room. Main level contains beautiful hardwood flooring in the living room and dining room with a wood burning fireplace. Spacious kitchen with ceramic tile and 1st floor laundry and mud room!! Never lose power with the installed full house generator (which has never been used!). New Roof in 2015 and new fridge! Enjoy the warmer months sitting on the deck under the custom awning overlooking beautiful scenery. As if this wasn't enough, there is also an irrigation system included!! Current owner has never used the irrigation system and does not know if it is in working condition, this item is As-Is.

Last Agent to Sell the Property

Andrew Oleferchik

Keller Williams Realty Signature License #475163372 Listed on: 03/25/2016

Last Buyer's Agent

Matthew Hoffman

Hoffman Realty License #475154045

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,605

Year Built

  • Built in 1996

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 85x255x66x244

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,630 Sq Ft Home
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Potential Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Full Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Fireplace in Basement
  • Finished Basement Bathroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,605

Year Built

Built in 1996

Lot Details

0

Parking

2

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: 1996
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • LivingArea: 1630
  • Room Type: No additional rooms
  • Basement Description: Partially Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 1
  • Dining Room: Combined w/ LivRm
  • Fireplace Location: Family Room,Living Room,Master Bedroom,Basement

Exterior Features

  • List Price: 159000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 205

Lot Info

  • Lot Size Acres: 0.43
  • Lot Dimensions: 85X255X66X244
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 11

Tax Info

  • Tax Annual Amount: 4604.74
  • Tax Year: 2015
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2016
Closed on
Jul 29, 2016
Sold by
Jeanette Munday
Bought by
Saint Louis Margaret M
Seller's Agent
Andrew Oleferchik
Keller Williams Realty Signature
Buyer's Agent
Matthew Hoffman
Hoffman Realty
List Price
$159,000
Sold Price
$157,000
Premium/Discount to List
-$2,000
-1.26%
Current Estimated Value
$293,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,968
Avg. Annual Appreciation
6.56%

Purchase Details

Closed on
May 26, 2005
Bought by
Munday Ralph and Munday Jeanette
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
Saint Louis Margaret M $157,000 Other
Munday Ralph $174,500 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2016 07/29/16 Sold $157,000 -1.3% $96 / Sq Ft
06/07/2016 06/07/16 Pending -- -- --
06/02/2016 06/02/16 For Sale $159,000 0.0% $98 / Sq Ft
04/06/2016 04/06/16 Pending -- -- --
03/25/2016 03/25/16 For Sale $159,000 -- $98 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $5,524 $78,204 $10,388 $67,816
2023 $5,208 $68,869 $9,341 $59,528
2022 $5,325 $64,679 $10,677 $54,002
2021 $5,387 $61,511 $10,154 $51,357
2020 $5,368 $58,896 $9,722 $49,174
2019 $5,250 $56,134 $9,266 $46,868
2018 $5,039 $55,284 $9,023 $46,261
2017 $5,472 $53,653 $8,757 $44,896
2016 $4,835 $52,519 $8,572 $43,947
2015 $4,605 $51,555 $8,415 $43,140
2014 $4,385 $50,102 $8,415 $41,687
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09175663

Midwest Real Estate Data (MRED)

APN: 16-11-106-032