$56,000
SOLD JUN 30, 2015

7575 Magnolia Trail Unit A2 Cherry Valley, IL 61016

1 Bed
1 Bath
894 Sq Ft
12.35 Acres

Recently Sold

$63 Per Sq Ft

20% Below List Price

70 Days on Market

Highlights

  • Outdoor Pool
  • Ground Level Unit
  • Patio
  • Gated Community
  • Great Room
  • Forced Air Heating and Cooling System

About This Home

As of July 2017

Main floor, nice location. Big windows, very open floor plan. Fireplace. Appliance stay. Attached garage with storage. Wonderful club house, pool, game room, exercise room. Fast access to I-90. Cherry Valley taxes. Water park and mall close by. Great condition. The Trails.

Last Agent to Sell the Property

Terri Koester

Gambino Realtors License #475132740 Listed on: 04/01/2015

Gambino Realtors

Last Buyer's Agent

Terri Koester

Gambino Realtors License #475132740 Listed on: 04/01/2015

Gambino Realtors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,397

Year Built

  • Built in 2005

Home Design

  • Shingle Roof
  • Siding

Interior Spaces

  • 894 Sq Ft Home
  • Gas Fireplace
  • Great Room

Kitchen

  • Electric Range
  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Additional Parking

Outdoor Features

  • Outdoor Pool
  • Patio

Location

  • Ground Level Unit

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

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Association fees include water, sewer, lawn care, snow removal, pool access, clubhouse, garbage
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,397

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Type: Gated Community
  • Class: CONDO
  • Estimated Above Grade Sq Ft: 894
  • Fee Includes: Water, Sewer, Lawn Care, Snow Removal, Pool Access, Clubhouse, Garbage
  • General Features: Additional Parking, County Taxes, Great Room, Laundry 1st Floor, Patio, Pet Friendly, Pool
  • Grid: 86
  • Legal Description: Trails of Cherry Valley Condo Pt NE 1/4 Sec 35-44-2U
  • Number of Main Level Full Bathrooms: 1
  • Stove Range Fuel: Electric
  • Style: First Floor
  • Type: Condominium
  • Appliances That Stay or Are Included: Dishwasher, Dryer, Refrigerator, Stove/Cooktop, Washer, Water Softener
  • Agent Only_ L A1 User Code: 2788
  • Elementary School: District 205-RFD
  • Pertinent Facts: Main floor, nice location. Big windows, very open floor plan. Fireplace. Appliance stay. Attached garage with storage. Wonderful club house, pool, game room, exercise room. Fast access to I-90. Cherry Valley taxes. Water park and mall close by. Great condition. The Trails.
  • L O1 Brokerage Number: 478003863
  • S O1 Brokerage Number: 478003863
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bedrooms: 1
  • Master Bedroom: Dimensions: 14x11, On Level: Main
  • Fireplace Type: Gas
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Kitchen: Dimensions: 16.6x10
  • Living Room: Yes, Dimensions: 23.6x14
  • Total Bathrooms: 1

Exterior Features

  • Exterior: Siding
  • Roof: Shingle

Garage/Parking

  • Garage: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 142

Schools

  • School District: Rockford 205
  • Elementary School: District 205-RFD
  • Middle School: District 205-RFD
  • High School: District 205-RFD

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2013
  • Taxes: 2397

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
Feb 22, 2017
Closed on
Jul 17, 2017
Sold by
Karceski Patrick A
Bought by
Conrad Adam M
Seller's Agent
Julie Humpal
Re/Max Property Source
Buyer's Agent
Mercedes Brain
DICKERSON & NIEMAN
List Price
$74,900
Sold Price
$74,900
Current Estimated Value
$145,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,486
Avg. Annual Appreciation
8.48%
Original Mortgage
$67,410
Outstanding Balance
$56,443
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$89,010

Purchase Details

Closed on
Dec 30, 2011
Bought by
Lubben John D and Lubben Janice K
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 Type Sale Price Title Company
Grant Deed $74,900 Title Underwriters Agency
Deed $75,600 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $67,410 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2017 07/17/17 Sold $74,900 0.0% $84 / Sq Ft
06/09/2017 06/09/17 Pending -- -- --
02/22/2017 02/22/17 For Sale $74,900 +33.8% $84 / Sq Ft
06/30/2015 06/30/15 Sold $56,000 -19.9% $63 / Sq Ft
06/10/2015 06/10/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $69,900 -- $78 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

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 $2,303 $33,586 $8,714 $24,872
2023 $2,138 $29,615 $7,684 $21,931
2022 $2,022 $26,470 $6,868 $19,602
2021 $1,927 $24,271 $6,297 $17,974
2020 $1,867 $22,945 $5,953 $16,992
2019 $1,805 $21,869 $5,674 $16,195
2018 $2,053 $20,610 $5,347 $15,263
2017 $1,578 $18,628 $5,117 $13,511
2016 $1,557 $18,279 $5,021 $13,258
2015 $2,342 $18,279 $5,021 $13,258
2014 $2,397 $19,218 $6,278 $12,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201501694

NorthWest Illinois Alliance of REALTORS®

APN: 12-35-202-018