NOT LISTED FOR SALE

7248 Cornflower Rd Cherry Valley, IL 61016

Estimated Value: $252,096 - $275,000

3 Beds
2 Baths
1,432 Sq Ft
$183/Sq Ft Est. Value

Sale Details

Date Sold: May 15, 2017

Last sale price $137,000 $96 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $1,761 / mo

50 Days on Market

Highlights

  • Deck
  • Brick or Stone Mason
  • Forced Air Heating and Cooling System
  • Ranch Style House
  • Shed
  • Water Softener

About This Home

As of May 2017

Spacious Cherry Valley ranch features 3 bedrooms, 2 baths, large eat in kitchen with pantry & all kitchen appliances stay including basement fridge. Cozy family room with wood burning fireplace. Updated interior trim & 6 panel solid core doors. Newer water softener, sump pump & dishwasher. Partially exposed lower level, 14x14 screen porch with ceiling fan & storage underneath. Huge 30x22 deck that is prewired for a hot tub. Large shed features water, electric, motion lights & outdoor speakers. 2 car attached garage is fully insulated with 220V 50Amp electric sub panel. Low 11.78% tax rate & convenient location!

Last Agent to Sell the Property

Kristel Despot

Gambino Realtors License #475141326 Listed on: 03/06/2017

Last Buyer's Agent

Toni Vander Heyden

Keller Williams Realty Signature License #475142387

Keller Williams Realty Signature

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,127

Year Built

  • Built in 1982

Lot Details

  • 19,602 Sq Ft Lot

Home Design

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

Interior Spaces

  • 1,432 Sq Ft Home
  • Wood Burning Fireplace

Kitchen

  • Electric Range
  • Stove
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

  • 2 Car Garage
  • Driveway

Outdoor Features

  • Deck
  • Shed

Schools

  • District 205-Rfd Elementary And Middle School
  • District 205-Rfd 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

$4,127

Year Built

Built in 1982

Lot Details

0.45 Acres

Listing Details

  • Type: None
  • Additional Room 5: Porch, Dimensions: 14.0x14.0, On Level: Main
  • Appliances That Stay or Are Included: Disposal, Dishwasher, Refrigerator, Stove/Cooktop, Sump Pump, Water Softener
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1432
  • Exemptions: Owner
  • Front: 100
  • General Features: County Taxes, Deck, Garden Shed, Main Floor Master, Partial Exposure
  • Legal Description: Plat 2 of Valley View Farms Bng Sub Pt SW 1/4 Sec 2-43-2 Lot 072
  • Lot Acreage: 0.45
  • Lvt Date: 03/06/2017
  • Number of Main Level Full Bathrooms: 2
  • Rear: 100
  • Side 1: 200
  • Side 2: 200
  • Stove Range Fuel: Electric
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: 5530
  • Elementary School: District 205-RFD
  • Garage Type Driveway: Attached
  • Pertinent Facts: Spacious Cherry Valley ranch features 3 bedrooms, 2 baths, large eat in kitchen with pantry & all kitchen appliances stay including basement fridge. Cozy family room with wood burning fireplace. Updated interior trim & 6 panel solid core doors. Newer water softener, sump pump & dishwasher. Partially exposed lower level, 14x14 screen porch with ceiling fan & storage underneath. Huge 30x22 deck that is prewired for a hot tub. Large shed features water, electric, motion lights & outdoor speakers. 2 car attached garage is fully insulated with 220V 50Amp electric sub panel. Low 11.78% tax rate & convenient location!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Basement Type: Full
  • Master Bedroom: Dimensions: 12.4x12.4, On Level: Main
  • Fireplace Type: Wood
  • Bedroom 2: Dimensions: 11.0x10.7, On Level: Main
  • Bedroom 3: Dimensions: 11.1x10.7, On Level: Main
  • Family Room: Yes, On Level: Main, Dimensions: 15.6x13.4
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Kitchen: Dimensions: 20.1x10.4, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 13.6x15.11
  • Total Bathrooms: 2
  • Basement: Yes

Exterior Features

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

Garage/Parking

  • Garage: 2

Utilities

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

Building Info

  • Year Built: 1982

Tax Info

  • Year: 2015
  • Taxes: 4127

MLS Schools

  • HighSchool: District 205-RFD
  • School District: Rockford 205
  • Middle School: District 205-RFD

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2017
Closed on
May 15, 2017
Sold by
Moore Joseph A
Bought by
Olson Kristine E and Hilleshiem Olson
Seller's Agent
Kristel Despot
Gambino Realtors
Buyer's Agent
Toni Vander Heyden
Keller Williams Realty Signature
List Price
$142,900
Sold Price
$137,000
Premium/Discount to List
-$5,900
-4.13%
Current Estimated Value
$261,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,774
Avg. Annual Appreciation
7.49%
Original Mortgage
$134,518
Outstanding Balance
$111,155
Interest Rate
3.87%
Mortgage Type
FHA
Estimated Equity
$150,619
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Olson Kristine E $137,000 Title Underwriters Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Kristine E $134,518
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2017 05/15/17 Sold $137,000 -4.1% $96 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
03/06/2017 03/06/17 For Sale $142,900 -- $100 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $4,586 $65,945 $10,388 $55,557
2023 $4,415 $59,298 $9,341 $49,957
2022 $4,304 $53,425 $10,677 $42,748
2021 $4,348 $50,808 $10,154 $40,654
2020 $4,328 $48,648 $9,722 $38,926
2019 $4,227 $46,367 $9,266 $37,101
2018 $4,222 $44,017 $9,023 $34,994
2017 $4,217 $42,719 $8,757 $33,962
2016 $4,171 $41,816 $8,572 $33,244
2015 $2,064 $41,049 $8,415 $32,634
2014 $3,920 $41,065 $8,415 $32,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201701103

NorthWest Illinois Alliance of REALTORS®

APN: 16-02-327-015

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