NOT LISTED FOR SALE

7526 Mikes Place Cherry Valley, IL 61016

Estimated Value: $313,000 - $339,000

3 Beds
2.5 Baths
1,808 Sq Ft
$179/Sq Ft Est. Value

Last Sold May 29, 2024

Last sale price $295,000 $163 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,239/month

Highlights

  • 2.5 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Gas Log Fireplace
  • 1-Story Property
  • Senior Tax Exemptions

About This Home

As of May 2024

Welcome Home to this Beautiful, Well Cared for Ranch with approximately 1808 square feet of living space. Home features a large Great Room with Floor to Ceiling Brick Gas Fireplace for those cozy evenings at home, and Vaulted Ceiling. Entertaining is a breeze with the Formal Dining Room which could also be used for another purpose as well. There is an Eat-In Kitchen with plenty of cabinetry, and dinette area overlooking the private backyard and nature area. The Kitchen Sliding Door leads out to the freshly stained deck. The house has the popular Split Bedroom plan with the Primary on one side and the other Bedrooms on the other side of the house. The spacious generous size Primary Bedroom has a tray ceiling includes a W/I Closet as well as large Bathroom with large W/I Shower. There is a Powder Room that is convenient to the Kitchen as well as a First Floor Laundry Room. 2 additional Bedrooms and a Main Floor Bathroom . The large Oversized 2.5 car is big enough to hold all your extra toys. Furnace (2022) and New Hot Water Heater (2024). The Home is located in the popular Valley Ridge Sub which is located in the quaint Village of Cherry Valley. Walk to parks, restaurants and shopping. Low County Tax Rate. This home is a must see and won't last long! Sold As Is.

Last Agent to Sell the Property

Debbie Lemek

Century 21 Affiliated - Rockford License #475123190 Listed on: 05/20/2024

Century 21 Affiliated - Rockford

Last Buyer's Agent

Zil Huma

Keller Williams Realty Signature License #475129675

Keller Williams Realty Signature

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,733

Year Built

  • Built in 2001

Lot Details

  • Lot Dimensions are 65x204x79x180

Parking

  • 2.5 Car Attached Garage

Interior Spaces

  • 1,808 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Utilities

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

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,733

Year Built

Built in 2001

Lot Details

0

Parking

2

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: 2001
  • Age: 21-25 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
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • LivingArea: 1808
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1808
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1808
  • Basement Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 1808
  • Unfinished Basement Sq Ft: 0
  • Main Level Sq Ft: 1808
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 285000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Middle/Junior School District: 205

Lot Info

  • Lot Dimensions: 65X204X79X180
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 3732.84
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2024
Closed on
May 31, 2024
Sold by
Bloom Tamara
Bought by
Mousa Musab M Mousa
Seller's Agent
Debbie Lemek
Century 21 Affiliated - Rockford
Buyer's Agent
Zil Huma
Keller Williams Realty Signature
List Price
$285,000
Sold Price
$295,000
Premium/Discount to List
$10,000
3.51%
Views
14
Current Estimated Value
$323,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,676
Avg. Annual Appreciation
4.79%

Purchase Details

Closed on
Nov 13, 2019
Sold by
Twombly Sonja
Bought by
Twombly Sonja and Bloom Tamara

Purchase Details

Listed on
Jun 21, 2012
Closed on
Aug 31, 2012
Bought by
Twombly Henry J and Twombly Sonja G
Seller's Agent
Toni Vander Heyden
Keller Williams Realty Signature
Buyer's Agent
Mary Jo Collins
Berkshire Hathaway HomeServices Crosby Starck RE
List Price
$160,000
Sold Price
$140,000
Premium/Discount to List
-$20,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%
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
Mousa Musab M Mousa $295,000 None Listed On Document
Twombly Sonja -- None Listed On Document
Twombly Henry J $140,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2024 05/29/24 Sold $295,000 +3.5% $163 / Sq Ft
05/21/2024 05/21/24 Pending -- -- --
05/20/2024 05/20/24 For Sale $285,000 +103.6% $158 / Sq Ft
08/31/2012 08/31/12 Sold $140,000 -12.5% --
08/02/2012 08/02/12 Pending -- -- --
06/21/2012 06/21/12 For Sale $160,000 -- --
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 $6,185 $84,071 $15,583 $68,488
2023 $3,733 $74,050 $14,012 $60,038
2022 $4,075 $66,350 $13,199 $53,151
2021 $4,344 $63,101 $12,553 $50,548
2020 $4,538 $60,418 $12,019 $48,399
2019 $4,681 $57,584 $11,455 $46,129
2018 $5,053 $54,405 $11,155 $43,250
2017 $5,135 $52,800 $10,826 $41,974
2016 $5,208 $51,684 $10,597 $41,087
2015 $5,141 $50,735 $10,402 $40,333
2014 $4,040 $43,772 $10,405 $33,367
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12035852

Midwest Real Estate Data (MRED)

APN: 16-02-251-025