NOT LISTED FOR SALE

7640 Silver Maple Trail Unit A2 Cherry Valley, IL 61016

Estimated Value: $135,000 - $151,000

1 Bed
1 Bath
894 Sq Ft
537,966 Sq Ft Lot

Sale Details

Date Sold: November 19, 2024

Last sale price $141,625 $158 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,127 / mo

11 Days on Market

Highlights

  • In Ground Pool
  • Ranch Style House
  • Covered Patio or Porch
  • Gated Community
  • Solid Surface Countertops
  • Tray Ceiling

About This Home

As of November 2024

Discover the perfect blend of comfort and convenience in this inviting 1-bedroom, 1-bathroom lower-level condo in the Trails of Cherry Valley. You will enjoy the open layout with volume ceilings, a well appointed kitchen with breakfast bar, a spacious living and dining area, and a private 1 car attached garage. Watch the turn of the seasons as you relax on your private patio, a serene retreat for morning coffee or an evening unwind or explore the scenic walking paths that run around the property and enjoy the tranquility of the outdoors. Nestled in a fantastic location, this home offers easy access to all amenities and I-90 access and includes use of a clubhouse, pool, exercise room, yoga studio, and poolroom. Let the association take care of the details with included lawn maintenance and snow removal. All appliances included including the washer and dryer. Don’t miss this rare opportunity!

Last Agent to Sell the Property

Karl Gasbarra

Gambino Realtors License #471001851 Listed on: 11/01/2024

Gambino Realtors

Last Buyer's Agent

Karen Barbagallo

Gambino Realtors License #475124149

Gambino Realtors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,709

Year Built

  • Built in 2005

Lot Details

  • 12.35

HOA Fees

  • $196 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 894 Sq Ft Home
  • Tray Ceiling
  • Gas Fireplace
  • Window Treatments

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Garage
  • Driveway
  • Additional Parking

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Schools

  • Cherry Valley Elementary School
  • Bernard W Flinn Middle School
  • Rockford East High School

Utilities

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

Community Details

Overview

  • Association fees include water, sewer, lawn care, snow removal, pool access, clubhouse, garbage
  • The community has rules related to covenants

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,709

Year Built

Built in 2005

Lot Details

12.35 Acres

HOA Fees

$196 per month

Listing Details

  • Interior Amenities: Ceiling-Tray, Countertop-Solid Surface, Walk-In Closet, Window Treatments
  • Road Frontage: City/Town, Hard Surface Road
  • Type: Gated Community, City/Town, Covenants, Restrictions
  • Electric: Circuit Breaker
  • Class: CONDO
  • Exemptions: Owner, Senior
  • Fee Includes: Water, Sewer, Lawn Care, Snow Removal, Pool Access, Clubhouse, Garbage
  • General Features: Additional Parking, Laundry 1st Floor, Main Floor Primary, Patio, Pet Friendly, Pool, In Ground Pool, Porch Covered
  • Hoa Fee Frequency: Monthly
  • Legal Description: TRAILS OF CHERRY VALLEY CONDO PT NE1/4 SEC 35-44-2 UNIT 06-A2
  • Lvt Date: 11/01/2024
  • Number of Main Level Full Bathrooms: 1
  • Stove Range Fuel: Gas
  • Style: Ranch Style
  • Type: Condominium
  • Appliances That Stay or Are Included: Disposal, Dishwasher, Dryer, Microwave, Refrigerator, Stove/Cooktop, Washer
  • Agent Only_ Designated Managing Broker Y N: No
  • Agent Only_ L A1 User Code: 135
  • Elementary School: Cherry Valley Elementary
  • Estimated Total Finished Sq Ft: 894
  • Garage Type Driveway: Asphalt, Attached
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: Discover the perfect blend of comfort and convenience in this inviting 1-bedroom, 1-bathroom lower-level condo in the Trails of Cherry Valley. You will enjoy the open layout with volume ceilings, a well appointed kitchen with breakfast bar, a spacious living and dining area, and a private 1 car attached garage. Watch the turn of the seasons as you relax on your private patio, a serene retreat for morning coffee or an evening unwind or explore the scenic walking paths that run around the property and enjoy the tranquility of the outdoors. Nestled in a fantastic location, this home offers easy access to all amenities and I-90 access and includes use of a clubhouse, pool, exercise room, yoga studio, and poolroom. Let the association take care of the details with included lawn maintenance and snow removal. All appliances included including the washer and dryer. Don’t miss this rare opportunity!
  • Estimated Above Grade Sq Ft: 894
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bedrooms: 1
  • Master Bedroom: Dimensions: 14x11, On Level: Main
  • Fireplace Type: Gas
  • Dining Room: No
  • Family Room: No
  • Fireplace: Yes
  • Full Bathrooms: 1
  • Kitchen: Dimensions: 16x10, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 24x14.5
  • Recreation Room: No
  • Total Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 196

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2023
  • Taxes: 1709

MLS Schools

  • HighSchool: Rockford East High
  • School District: Rockford 205
  • Middle School: Bernard W Flinn Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2024
Closed on
Nov 19, 2024
Sold by
Corbett Debbie L
Bought by
Michael P Slattery And Dee Ann R Slattery Liv and Slattery
Seller's Agent
Karl Gasbarra
Gambino Realtors
Buyer's Agent
Karen Barbagallo
Gambino Realtors
List Price
$137,500
Sold Price
$141,625
Premium/Discount to List
$4,125
3%
Views
16
Current Estimated Value
$144,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,941
Avg. Annual Appreciation
1.48%

Purchase Details

Listed on
Sep 2, 2021
Closed on
Sep 29, 2021
Sold by
Dirks Evelyn J
Bought by
Nielsen Ida J and Corbett Debbie L
Seller's Agent
Adam Guarino
DICKERSON & NIEMAN
Buyer's Agent
Karl Gasbarra
Gambino Realtors
List Price
$110,000
Sold Price
$112,000
Premium/Discount to List
$2,000
1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.76%

Purchase Details

Closed on
Sep 26, 2017
Sold by
Cherry Valley Dev Llc
Bought by
Dirks Evelyn J Irwin Wendy

Purchase Details

Closed on
Dec 7, 2005
Bought by
Dirks Evelyn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Michael P Slattery And Dee Ann R Slattery Liv $142,000 None Listed On Document
Michael P Slattery And Dee Ann R Slattery Liv $142,000 None Listed On Document
Nielsen Ida J $112,000 Kelly C Connor Pc
Dirks Evelyn J Irwin Wendy -- Title Underwriters Agency
Dirks Evelyn $94,700 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/19/2024 11/19/24 Sold $141,625 0.0% $158 / Sq Ft
11/12/2024 11/12/24 Pending -- -- --
11/05/2024 11/05/24 Off Market $141,625 -- --
11/01/2024 11/01/24 For Sale $137,500 +22.8% $154 / Sq Ft
09/29/2021 09/29/21 Sold $112,000 +1.8% $125 / Sq Ft View Prior Sale
09/08/2021 09/08/21 Pending -- -- --
09/02/2021 09/02/21 For Sale $110,000 -- $123 / 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 $1,911 $33,885 $8,714 $25,171
2023 $1,709 $29,879 $7,684 $22,195
2022 $1,552 $26,706 $6,868 $19,838
2021 $1,423 $24,487 $6,297 $18,190
2020 $820 $23,149 $5,953 $17,196
2019 $846 $22,064 $5,674 $16,390
2018 $898 $20,794 $5,347 $15,447
2017 $930 $18,791 $5,117 $13,674
2016 $943 $18,439 $5,021 $13,418
2015 $477 $18,439 $5,021 $13,418
2014 $1,124 $19,366 $6,278 $13,088
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202406262

NorthWest Illinois Alliance of REALTORS®

APN: 12-35-202-043

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