NOT LISTED FOR SALE

7237 W Ridge Ln Cherry Valley, IL 61016

Estimated Value: $451,412 - $511,000

5 Beds
3.5 Baths
3,395 Sq Ft
$144/Sq Ft Est. Value

Sale Details

Date Sold: July 31, 2020

Last sale price $320,000 $94 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,493 / mo

13 Days on Market

Highlights

  • Great Room
  • 4 Car Attached Garage
  • Central Air
  • Breakfast Room
  • 1-Story Property

About This Home

As of July 2020

HOT PROPERTY! UPSCALE CASUAL LIVING ON THE NINTH FAIRWAY OF NEWBURG VILLAGE GOLF COURSE WITH ALMOST 3400 SF OF LIVING SPACE IN THIS BRICK FRONT RANCH. OPEN FLOOR PLAN & FULLY W/EXPOSED WALK-OUT LOWER LEVEL WITH TWO DECKS. BRICK PAVER PATIO ARE PERFECT SPOTS FOR ENTERTAINMENT. HARDWOOD FLOORING FROM FOYER TO MAIN LIVING SPACE AND INTO KITCHEN. BEAUTIFUL SOLID 6 PANEL DOORS, VOLUME CEILINGS IN GREAT ROOM. KITCHEN W/BREAKFAST BAR AND DINING AREA W/WALLS OF WINDOWS OVERLOOKING GOLF COURSE. MAIN FLOOR LAUNDRY. HSA HOME WARRANTY.

Last Agent to Sell the Property

Diane Dowd

Dickerson & Nieman Realtors - Rockford License #475127605 Listed on: 06/03/2020

Dickerson & Nieman Realtors - Rockford

Co-Listed By

John & Diane Dowd

Dickerson & Nieman Realtors - Rockford License #475126473

Last Buyer's Agent

Jonathan Krause

Gambino Realtors Home Builders

Gambino Realtors Home Builders

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,905

Year Built

  • Built in 2003

Lot Details

  • 12,219 Sq Ft Lot
  • Lot Dimensions are 97x106x120x120

HOA Fees

  • $17 Monthly HOA Fees

Parking

  • 4 Car Attached Garage
  • Parking Space is Owned

Interior Spaces

  • 3,395 Sq Ft Home
  • 1-Story Property
  • Great Room
  • Breakfast Room
  • Formal Dining Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms

Finished Basement

  • Walk-Out Basement
  • Finished Basement Bathroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,905

Year Built

Built in 2003

Lot Details

0.28 Acres

HOA Fees

$17 per month

Parking

4

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 2003
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Walkout
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • LivingArea: 3395
  • Room Type: Great Room, Bedroom 5, Breakfast Room
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 4
  • Number of Cars: 4
  • 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: 200
  • Association Fee Frequency: Annually
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: None

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.2805
  • Lot Dimensions: 97X106X120X120
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 24

Tax Info

  • Tax Annual Amount: 9905.06
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Jul 16, 2020
Sold by
Bought by
Seller's Agent
Diane Dowd
Dickerson & Nieman Realtors - Rockford
Buyer's Agent
Jonathan Krause
Gambino Realtors Home Builders
List Price
$329,900
Sold Price
$320,000
Premium/Discount to List
-$9,900
-3%
Current Estimated Value
$487,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,353
Avg. Annual Appreciation
7.33%
Original Mortgage
$256,000
Outstanding Balance
$222,913
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$264,440

Purchase Details

Closed on
Nov 22, 2006
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$320,000 Mta
$332,500 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $320,000 -3.0% $94 / Sq Ft
06/16/2020 06/16/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $329,900 -- $97 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $10,307 $136,010 $11,667 $124,343
2024 $10,307 $126,566 $11,667 $114,899
2023 $10,279 $117,122 $11,667 $105,455
2022 $9,640 $106,667 $11,667 $95,000
2021 $9,722 $106,667 $11,667 $95,000
2020 $10,249 $106,667 $11,667 $95,000
2019 $9,905 $102,747 $12,500 $90,247
2018 $10,300 $370,673 $281,130 $89,543
2017 $10,011 $103,727 $12,706 $91,021
2016 $9,497 $95,005 $12,625 $82,380
2015 $9,474 $92,590 $13,333 $79,257
2014 $14,474 $84,605 $13,333 $71,272
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10734319

Midwest Real Estate Data (MRED)

APN: 05-30-352-001

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