NOT LISTED FOR SALE

7162 Rye Ridge Trail Cherry Valley, IL 61016

Estimated Value: $283,000 - $326,000

4 Beds
3.5 Baths
1,799 Sq Ft
$171/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $207,000 $115 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,237/month

134 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Forced Air Heating and Cooling System
  • Ranch Style House
  • Brick or Stone Mason
  • Gas Fireplace

About This Home

As of September 2020

Custom Cherry Valley ranch renovated from the floor up and ready for the new owner to enjoy. 4 bedrooms 3.5 baths with expansive finished lower level. Open floor plan leads to entertainers dream yard. Brick circular drive provides plenty of parking for your guests. New grade school. Easy access to I-90/39/20. Home warranty available.

Last Agent to Sell the Property

Mike Lunde

Gambino Realtors License #475129518 Listed on: 03/30/2020

Gambino Realtors

Last Buyer's Agent

Dulce Cardoso

Keller Williams Realty Signature

Keller Williams Realty Signature

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,965

Year Built

  • Built in 1992

Lot Details

  • 0.28 Acre Lot
  • Fenced Yard

Home Design

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

Interior Spaces

  • Gas Fireplace
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 3 Car Garage
  • Driveway

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,965

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Appliances That Stay or Are Included: Dishwasher, Dryer, Refrigerator, Stove/Cooktop, Washer
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1799
  • Estimated Below Grade Finished Sq Ft: 1086
  • Exemptions: Owner, Senior
  • Front: 100
  • General Features: Deck, Laundry 1st Floor, L.L. Finished Space, Main Floor Master, Fenced Yard
  • Grid: 88
  • Legal Description: PLAT NO 7 VALLEY VIEW SOUTH BNG PT N1/2 SEC 11-43-2 LOT 198
  • Lot Acreage: 0.28
  • Lvt Date: 03/30/2020
  • Number of Lower Level Full Bathrooms: 1
  • Number of Main Level Full Bathrooms: 2
  • Number of Lower Level Half Bathrooms: 1
  • Rear: 100
  • Side 1: 138
  • Side 2: 138
  • Stove Range Fuel: Gas
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: 4554
  • Elementary School: Cherry Valley Elementary
  • Garage Type Driveway: Attached
  • Pertinent Facts: Custom Cherry Valley ranch renovated from the floor up and ready for the new owner to enjoy. 4 bedrooms 3.5 baths with expansive finished lower level. Open floor plan leads to entertainers dream yard. Brick circular drive provides plenty of parking for your guests. New grade school. Easy access to I-90/39/20. Home warranty available.
  • L O1 Brokerage Number: 478003863
  • S O1 Brokerage Number: 481011083
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Basement Type: Full
  • Master Bedroom: Dimensions: 13x16.2, On Level: Main
  • Fireplace Type: Gas
  • Bedroom 2: Dimensions: 13x10.5, On Level: Main
  • Bedroom 3: Dimensions: 12x11.2, On Level: Main
  • Bedroom 4: Dimensions: 18x12.3, On Level: Main
  • Family Room: Yes, On Level: Main, Dimensions: 16.3x20
  • Fireplace: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Kitchen: Dimensions: 18x12.3, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 19.7x11.5
  • Number Of Fireplaces: 1
  • Recreation Room: Yes, On Level: Lower, Dimensions: 45x16
  • Total Bathrooms: 3.5
  • Basement: Yes

Exterior Features

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

Garage/Parking

  • Garage: 3

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • 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
  • Elementary School #2: A C Thompson Elementary

Building Info

  • Year Built: 1992

Tax Info

  • Year: 2018
  • Taxes: 5965

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
Mar 30, 2020
Closed on
Sep 15, 2020
Sold by
Tjs Group Llc
Bought by
Milsaps Karen Y
Seller's Agent
Mike Lunde
Gambino Realtors
Buyer's Agent
Dulce Cardoso
Keller Williams Realty Signature
List Price
$215,000
Sold Price
$207,000
Premium/Discount to List
-$8,000
-3.72%
Current Estimated Value
$307,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,016
Avg. Annual Appreciation
8.10%
Original Mortgage
$203,250
Outstanding Balance
$181,509
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$123,388

Purchase Details

Closed on
Jun 11, 2019
Sold by
Judicial Sales Corporation
Bought by
Tjs Group Llc

Purchase Details

Closed on
Jun 7, 2019
Sold by
Judicial Sales Corporation
Bought by
Tjs Group Llc

Purchase Details

Closed on
Jun 3, 2019
Sold by
Judicial Sales Corporation
Bought by
Tjs Group Llc

Purchase Details

Closed on
May 15, 2019
Sold by
Montana Sandra J
Bought by
Jsmd Number Three 3 Trust

Purchase Details

Closed on
Feb 3, 2004
Sold by
Montana Sandra J
Bought by
Jsmd Number Three 3 Trust

Purchase Details

Closed on
Aug 13, 2003
Bought by
Montana Sandra
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
Milsaps Karen Y $207,000 Law Office Of Mario J Tarara P
Tjs Group Llc $120,500 None Listed On Document
Tjs Group Llc $120,500 None Listed On Document
Tjs Group Llc $120,500 None Listed On Document
Jsmd Number Three 3 Trust -- None Listed On Document
Jsmd Number Three 3 Trust -- None Listed On Document
Montana Sandra $146,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Milsaps Karen Y $203,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2020 09/15/20 Sold $207,000 -3.7% $115 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $215,000 0.0% $120 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
05/20/2020 05/20/20 Price Changed $215,000 -4.4% $120 / Sq Ft
03/30/2020 03/30/20 For Sale $225,000 -- $125 / 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 $6,818 $95,112 $10,388 $84,724
2023 $6,442 $83,771 $9,341 $74,430
2022 $6,434 $76,904 $10,677 $66,227
2021 $6,515 $73,137 $10,154 $62,983
2020 $5,991 $70,027 $9,722 $60,305
2019 $5,838 $66,743 $9,266 $57,477
2018 $5,888 $64,709 $9,023 $55,686
2017 $5,948 $62,800 $8,757 $54,043
2016 $5,878 $61,472 $8,572 $52,900
2015 $5,811 $60,344 $8,415 $51,929
2014 $4,106 $58,687 $8,415 $50,272
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Mike Lunde

    Gambino Realtors

    Section Image

  • D

    Buyer's Agent in 2020

    Dulce Cardoso

    Keller Williams Realty Signature

    Section Image
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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202001614

NorthWest Illinois Alliance of REALTORS®

APN: 16-11-105-021

Illinois Winnebago County Cherry Valley 61016

7162 Rye Ridge Trail, Cherry Valley, IL

This home is located at 7162 Rye Ridge Trail, Cherry Valley, IL 61016 since 30 March 2020 and is currently estimated at $307,016, approximately $170 per square foot. This property was built in 1992. 7162 Rye Ridge Trail is a home located in Winnebago County with nearby schools including Cherry Valley Elementary School, Bernard W. Flinn Middle School, and Jefferson High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthWest Illinois Alliance of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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