$112,500
SOLD NOV 26, 2018

7603 Magnolia Trail Unit D1 Cherry Valley, IL 61016

2 Beds
2 Baths
1,372 Sq Ft
$229/mo HOA Fee

Recently Sold

$82 Per Sq Ft

2% Above List Price

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Gas Fireplace
  • Brick or Stone Mason

About This Home

As of November 2018

SBR

Last Agent to Sell the Property

John Murray

Key Realty, Inc. License #471000873 Listed on: 08/27/2018

Last Buyer's Agent

John Murray

Key Realty, Inc. License #471000873 Listed on: 08/27/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,603

Year Built

  • Built in 2004

HOA Fees

  • $229 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 1,372 Sq Ft Home
  • Gas Fireplace

Kitchen

  • Stove
  • Gas Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,603

Year Built

Built in 2004

Lot Details

0

HOA Fees

$229 per month

Listing Details

  • Type: None
  • Class: CONDO
  • Estimated Above Grade Sq Ft: 1372
  • Exemptions: Owner
  • Grid: 86
  • Hoa Fee Frequency: Monthly
  • Legal Description: BLDG 4 UNIT D1 THE TRAILS AT CHERRY VALLEY
  • Lvt Date: 08/27/2018
  • Number of Main Level Full Bathrooms: 2
  • Stove Range Fuel: Gas
  • Style: Ranch Style
  • Type: Condominium
  • Appliances That Stay or Are Included: Stove/Cooktop
  • Agent Only_ L A1 User Code: 4779
  • Elementary School: District 205-RFD
  • Pertinent Facts: SBR
  • L O1 Brokerage Number: 477012770
  • S O1 Brokerage Number: 477012770
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bedrooms: 2
  • Master Bedroom: Dimensions: 14x11, On Level: Main
  • Fireplace Type: Gas
  • Bedroom 2: Dimensions: 11x10, On Level: Main
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Kitchen: Dimensions: 11x10, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 23x15
  • Number Of Fireplaces: 1
  • Total Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 229

Schools

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

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2017
  • Taxes: 2603

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

Closed on
Mar 14, 2024
Sold by
Williams Bryant C
Bought by
James Tiphani V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,410
Outstanding Balance
$155,203
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$41,562

Purchase Details

Listed on
Aug 27, 2018
Closed on
Nov 26, 2018
Sold by
Leigh Andrea K
Bought by
Williams Bryant C
Seller's Agent
John Murray
Key Realty, Inc.
Buyer's Agent
John Murray
Key Realty, Inc.
List Price
$110,000
Sold Price
$112,500
Premium/Discount to List
$2,500
2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.78%
Original Mortgage
$100,880
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2005
Bought by
Lutz Andrea
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Warranty Deed $175,000 None Listed On Document
Grant Deed $112,500 Title Underwriters Agency
Warranty Deed $112,500 None Listed On Document
Deed $151,700 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $157,410 New Conventional
Previous Owner $100,880 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 Pending -- -- --
06/25/2025 06/25/25 For Sale $189,900 +68.8% $138 / Sq Ft
11/26/2018 11/26/18 Sold $112,500 +2.3% $82 / Sq Ft
08/27/2018 08/27/18 Pending -- -- --
08/27/2018 08/27/18 For Sale $110,000 -- $80 / 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 $3,495 $47,859 $8,714 $39,145
2023 $3,278 $42,200 $7,684 $34,516
2022 $3,134 $37,719 $6,868 $30,851
2021 $3,015 $34,585 $6,297 $28,288
2020 $2,941 $32,695 $5,953 $26,742
2019 $2,862 $31,162 $5,674 $25,488
2018 $2,713 $29,367 $5,347 $24,020
2017 $2,603 $26,828 $5,117 $21,711
2016 $2,577 $26,325 $5,021 $21,304
2015 $2,605 $26,325 $5,021 $21,304
2014 $2,666 $27,015 $6,278 $20,737
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 201805579

NorthWest Illinois Alliance of REALTORS®

APN: 12-35-202-031