NOT LISTED FOR SALE

7471 Sumac Ln Cherry Valley, IL 61016

Estimated Value: $277,000 - $291,000

3 Beds
2 Baths
1,560 Sq Ft
$181/Sq Ft Est. Value

Sale Details

Date Sold: January 20, 2017

Last sale price $153,400 $98 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $1,971 / mo

9 Days on Market

Highlights

  • 0.71 Acre Lot
  • Wooded Lot
  • 1 Fireplace
  • Deck
  • Ranch Style House
  • Great Room

About This Home

As of January 2017

Here’s a beautifully maintained 3BR+Office/2BA ranch on large .71 acre lot in Cherry Valley! LOW county tax rate will save you a ton of money! New roof. Low maintenance brick and vinyl exterior. Vaulted ceiling in great room and master bedroom. WB/Gas fireplace. Formal dining area and living room. Eat-in kitchen with newer SS dishwasher and microwave. Finished basement features a rec room, office and plenty of storage. Attached 3-car garage! 12x12 storage shed that matches house. Large tiered deck with hot tub (negotiable) overlooks beautiful yard with mature trees. Newer sliding glass door and simulated wood floor in kitchen. Great value in quiet established neighborhood with mature trees. Super convenient location just a few minutes to I-90, Route 20 and Cherryvale Mall. Priced to sell!

Last Agent to Sell the Property

Ryan Petry

Keller Williams Realty Signature License #471022307 Listed on: 10/31/2016

Keller Williams Realty Signature

Last Buyer's Agent

Larry Petry

Keller Williams Realty Signature License #475096513

Keller Williams Realty Signature

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,127

Year Built

  • Built in 1985

Lot Details

  • 30,928 Sq Ft Lot
  • Wooded Lot

Home Design

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

Interior Spaces

  • 1 Fireplace
  • Great Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 3 Car Garage
  • Driveway

Outdoor Features

  • Deck
  • Outbuilding

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,127

Year Built

Built in 1985

Lot Details

0.71 Acres

Listing Details

  • Type: Wooded
  • Additional Room 5: OFFICE, Dimensions: 12x10, On Level: Lower
  • Appliances That Stay or Are Included: Dishwasher, Microwave, Stove/Cooktop
  • Class: HOUSE
  • Estimated Above Grade Sq Ft: 1560
  • Estimated Below Grade Finished Sq Ft: 540
  • Exemptions: Owner
  • Front: 163.02
  • General Features: County Taxes, Deck, Great Room, Hot Tub or Sauna, L.L. Finished Space, Main Floor Master, Out Building(s)
  • Legal Description: VALLEY VIEW SUB LOT 56 PLAT 2
  • Lot Acreage: 0.71
  • Lvt Date: 10/31/2016
  • Number of Main Level Full Bathrooms: 2
  • Rear: 122.75
  • Side 1: 233.72
  • Side 2: 203.5
  • Stove Range Fuel: Gas
  • Style: Ranch
  • Type: House
  • Agent Only_ L A1 User Code: 5165
  • Elementary School: District 205-RFD
  • Garage Type Driveway: Attached
  • Pertinent Facts: Here’s a beautifully maintained 3BR+Office/2BA ranch on large .71 acre lot in Cherry Valley! LOW county tax rate will save you a ton of money! New roof. Low maintenance brick and vinyl exterior. Vaulted ceiling in great room and master bedroom. WB/Gas fireplace. Formal dining area and living room. Eat-in kitchen with newer SS dishwasher and microwave. Finished basement features a rec room, office and plenty of storage. Attached 3-car garage! 12x12 storage shed that matches house. Large tiered deck with hot tub (negotiable) overlooks beautiful yard with mature trees. Newer sliding glass door and simulated wood floor in kitchen. Great value in quiet established neighborhood with mature trees. Super convenient location just a few minutes to I-90, Route 20 and Cherryvale Mall. Priced to sell!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Basement Type: Full
  • Master Bedroom: Dimensions: 15.1x12, On Level: Main
  • Fireplace Type: Both Gas and Wood
  • Bedroom 2: Dimensions: 11.2x10.1, On Level: Main
  • Bedroom 3: Dimensions: 11.2x10.1, On Level: Main
  • Dining Room: Yes, On Level: Main, Dimensions: 10.6x8
  • Family Room: Yes, On Level: Main, Dimensions: 21x15
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Kitchen: Dimensions: 21x11, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 18x10.6
  • Number Of Fireplaces: 1
  • Recreation Room: Yes, On Level: Lower, Dimensions: 29.2x14.11
  • Total Bathrooms: 2
  • 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

Building Info

  • Year Built: 1985

Tax Info

  • Year: 2015
  • Taxes: 5127

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
Oct 31, 2016
Closed on
Jan 20, 2017
Sold by
Oneal Brent E and Oneal Lorie E
Bought by
Manalli Nicholas R and Manalli Angela S
Seller's Agent
Ryan Petry
Keller Williams Realty Signature
Buyer's Agent
Larry Petry
Keller Williams Realty Signature
List Price
$155,000
Sold Price
$153,400
Premium/Discount to List
-$1,600
-1.03%
Current Estimated Value
$281,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,469
Avg. Annual Appreciation
6.81%
Original Mortgage
$145,730
Outstanding Balance
$120,538
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$161,331

Purchase Details

Closed on
Jun 23, 2006
Bought by
Oneal Brent E and Oneal Lorie E
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

Date Buyer Sale Price Title Company
Manalli Nicholas R $153,400 Title Underwriters Agency
Oneal Brent E $177,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manalli Nicholas R $145,730
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2017 01/20/17 Sold $153,400 -1.0% $98 / Sq Ft
11/09/2016 11/09/16 Pending -- -- --
10/31/2016 10/31/16 For Sale $155,000 -- $99 / 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 $5,592 $79,098 $10,388 $68,710
2023 $5,277 $69,702 $9,341 $60,361
2022 $5,287 $64,258 $10,677 $53,581
2021 $5,262 $60,226 $10,154 $50,072
2020 $5,244 $58,513 $9,722 $48,791
2019 $5,128 $54,962 $9,266 $45,696
2018 $5,180 $53,925 $9,023 $44,902
2017 $5,231 $51,551 $8,757 $42,794
2016 $5,178 $50,461 $8,572 $41,889
2015 $5,127 $49,535 $8,415 $41,120
2014 $4,707 $48,133 $8,415 $39,718
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201606591

NorthWest Illinois Alliance of REALTORS®

APN: 16-11-129-001

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