NOT LISTED FOR SALE

7364 Sorghum Ln Cherry Valley, IL 61016

Estimated Value: $264,000 - $313,000

4 Beds
3 Baths
2,000 Sq Ft
$142/Sq Ft Est. Value

Last Sold January 19, 2018

Last sale price $132,000 $66 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $1,946/month

105 Days on Market

Highlights

  • Recreation Room
  • Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of January 2018

Located in the Village of Cherry Valley, freshly painted, new flooring, new SS appliances in Kitchen w/ sliders to the deck. The Kitchen is open to the corner brick fireplace with slider to walk out to patio & yard. Three bedrooms and two baths up. Lower level w/ 1/2 bath close to the grage, 4th level has 4th bedroom with corner windows. Very spacious tri- level. Are you a first time home buyer? You may qualify for 3% in closing costs! Visit homepath. com for details. This is a Fannie Mae HomePath property.

Last Agent to Sell the Property

Debbie Carlson

Berkshire Hathaway HomeServices Starck Real Estate License #471.002493 Listed on: 08/23/2017

Berkshire Hathaway HomeServices Starck Real Estate

Last Buyer's Agent

Fidel Batres

Keller Williams Realty Signature License #475133262

Keller Williams Realty Signature

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,950

Year Built

  • 1986

Lot Details

  • 0.3

Parking

  • Attached Garage
  • Garage Is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Recreation Room
  • Partially Finished Basement
  • Walk-Out Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $2,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,950

Year Built

1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Type Detached: Split Level w/ Sub
  • Estimated Year Built: 1986
  • Tax Exemptions: Homeowner
  • Special Features: 20
  • Property Sub Type: Detached
  • Year Built: 1986

Interior Features

  • Number Of Rooms: 9
  • Living Room: Dimensions: 19X12, On Level: Main Level
  • Basement: Walkout
  • Basement: Partially Finished
  • Bedrooms All Levels: 4
  • Below Grade Bedrooms: 1
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 12X10, On Level: Main Level
  • Kitchen Type: Dimensions: 14X12, On Level: Main Level
  • Additional Rooms: Recreation Room
  • Master Bedroom: Dimensions: 14X12, On Level: 2nd Level
  • Additional Room 1 Name: Recreation Rm, Dimensions: 12X12, On Level: Lower
  • Bedroom 2: Dimensions: 14X10, On Level: 2nd Level
  • Bedroom 3: Dimensions: 14X10, On Level: 2nd Level
  • Bedroom 4: Dimensions: 22X11, On Level: Basement
  • Estimated Sq Ft: 2000
  • Estimated Total Finished Sq Ft: 250
  • Basement Finished Sq Ft: 250
  • Family Room: Dimensions: 22X15, On Level: Walkout Basement

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Vinyl Siding
  • Acreage: 0.3094

Garage/Parking

  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2.5
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 205
  • Elementary School: WHITE SWAN ELEMENTARY SCHOOL
  • Middle School: BERNARD W FLINN MIDDLE SCHOOL
  • High School: JEFFERSON HIGH SCHOOL
  • Junior High Dist: 205
  • Elementary School #2: CHERRY VALLEY ELEMENTARY SCHOOL

Lot Info

  • Lot Dimensions: 85X153.57
  • Parcel Identification Number: 1611127003

Tax Info

  • Taxes: 4447.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2017
Closed on
Jan 25, 2018
Sold by
Federal National Mortgage Association
Bought by
Martinez Jose D and Martinez Luis
Seller's Agent
Debbie Carlson
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Fidel Batres
Keller Williams Realty Signature
List Price
$168,900
Sold Price
$132,000
Premium/Discount to List
-$36,900
-21.85%
Current Estimated Value
$283,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,592
Avg. Annual Appreciation
10.55%
Original Mortgage
$129,609
Outstanding Balance
$111,378
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$172,661

Purchase Details

Listed on
Aug 23, 2017
Closed on
Jan 11, 2018
Sold by
Fannie Mae
Bought by
Martinez Jose D J and Martinez Luis
Seller's Agent
Debbie Carlson
Berkshire Hathaway HomeServices Starck Real Estate
Buyer's Agent
Fidel Batres
Keller Williams Realty Signature
List Price
$168,900
Sold Price
$132,000
Premium/Discount to List
-$36,900
-21.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,609
Outstanding Balance
$111,378
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$172,661
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
Martinez Jose D -- Title Underwriters Agency
Martinez Jose D J $132,000 Title Underwriters Agency
Martinez Jose D -- Title Underwriters Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Jose Dj $15,836
Open Martinez Jose D $129,609
Closed Martinez Jose D $129,609
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2018 01/19/18 Sold $132,000 -0.7% $66 / Sq Ft
12/06/2017 12/06/17 Pending -- -- --
11/21/2017 11/21/17 Price Changed $132,900 -5.0% $66 / Sq Ft
10/23/2017 10/23/17 Price Changed $139,900 -6.7% $70 / Sq Ft
09/22/2017 09/22/17 Price Changed $149,900 -11.2% $75 / Sq Ft
08/23/2017 08/23/17 For Sale $168,900 -- $84 / 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 $4,950 $70,703 $10,388 $60,315
2023 $4,672 $62,405 $9,341 $53,064
2022 $4,348 $53,909 $10,677 $43,232
2021 $4,393 $51,269 $10,154 $41,115
2020 $4,373 $49,089 $9,722 $39,367
2019 $4,271 $46,787 $9,266 $37,521
2018 $4,644 $44,000 $9,023 $34,977
2017 $4,495 $45,139 $8,757 $36,382
2016 $4,447 $44,185 $8,572 $35,613
2015 $4,401 $43,374 $8,415 $34,959
2014 $4,345 $44,884 $8,415 $36,469
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09730135

Midwest Real Estate Data (MRED)

APN: 16-11-127-003