NOT LISTED FOR SALE

7645 Silver Maple Trail Unit B1 Cherry Valley, IL 61016

Estimated Value: $182,026 - $198,000

2 Beds
2 Baths
1,175 Sq Ft
537,966 Sq Ft Lot

Sale Details

Date Sold: June 1, 2020

Last sale price $119,000 $101 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $1,582 / mo

28 Days on Market

Highlights

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

About This Home

As of June 2020

Very desirable ground floor condo with attached 2.5 car garage at the Trails of Cherry Valley. Convenient access to I90, shopping, restaurants, and more. Great room concept with 10-foot ceilings throughout makes it feel open and airy. Large windows bring a lot of natural light. Living room features tray ceiling, gas fireplace and sliders to the patio. Kitchen features stainless steel appliances. Ceramic tile in kitchen, baths, front entry and entry from the garage. Brand new carpet in great room and both bedrooms. Large master suite features walk-in closet and large bath with double sinks. Condo community features in-ground pool, cub house and walking paths. Nothing to do but move-in and enjoy all the amenities.

Last Agent to Sell the Property

Jodi Stromberg

Berkshire Hathaway HomeServices Crosby Starck RE License #475175600 Listed on: 04/03/2020

Berkshire Hathaway HomeServices Crosby Starck RE

Last Buyer's Agent

Debbie Rheingans

DICKERSON & NIEMAN License #475093417

DICKERSON & NIEMAN

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,846

Year Built

  • Built in 2006

Lot Details

  • 12.35

HOA Fees

  • $230 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

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

Interior Spaces

  • 1,175 Sq Ft Home
  • Gas Fireplace
  • Great Room

Kitchen

  • Stove
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Patio

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
  • Gas Water Heater

Community Details

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,846

Year Built

Built in 2006

Lot Details

12.35 Acres

HOA Fees

$230 per month

Listing Details

  • Type: None
  • Class: CONDO
  • Estimated Above Grade Sq Ft: 1175
  • Exemptions: Owner
  • Fee Includes: Water, Sewer, Lawn Care, Snow Removal, Pool Access, Clubhouse
  • General Features: County Taxes, Great Room, Laundry 1st Floor, Main Floor Master, Patio
  • Hoa Fee Frequency: Monthly
  • Legal Description: TRAILS AT CHERRY VALLEY CONDOS PH II PT NE1/4 SEC 35-44-2 UNIT 07-B1
  • Lvt Date: 04/03/2020
  • Number of Main Level Full Bathrooms: 2
  • 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_ L A1 User Code: 110241
  • Elementary School: Cherry Valley Elementary
  • Pertinent Facts: Very desirable ground floor condo with attached 2.5 car garage at the Trails of Cherry Valley. Convenient access to I90, shopping, restaurants, and more. Great room concept with 10-foot ceilings throughout makes it feel open and airy. Large windows bring a lot of natural light. Living room features tray ceiling, gas fireplace and sliders to the patio. Kitchen features stainless steel appliances. Ceramic tile in kitchen, baths, front entry and entry from the garage. Brand new carpet in great room and both bedrooms. Large master suite features walk-in closet and large bath with double sinks. Condo community features in-ground pool, cub house and walking paths. Nothing to do but move-in and enjoy all the amenities.
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Bedrooms: 2
  • Master Bedroom: Dimensions: 18.5x12, On Level: Main
  • Fireplace Type: Gas
  • Bedroom 2: Dimensions: 13.5x11.5, On Level: Main
  • Fireplace: Yes
  • Full Bathrooms: 2
  • Kitchen: Dimensions: 10x9.9, On Level: Main
  • Living Room: Yes, On Level: Main, Dimensions: 23.3x19.3
  • 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: 230

Building Info

  • Year Built: 2006

Tax Info

  • Year: 2019
  • Taxes: 2846

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
Apr 3, 2020
Closed on
Jun 1, 2020
Sold by
Kevin Daane
Bought by
Mddgs Enterprises Llc
Seller's Agent
Jodi Stromberg
Berkshire Hathaway HomeServices Crosby Starck RE
Buyer's Agent
Debbie Rheingans
DICKERSON & NIEMAN
List Price
$130,000
Sold Price
$119,000
Premium/Discount to List
-$11,000
-8.46%
Current Estimated Value
$189,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,507
Avg. Annual Appreciation
8.32%
Original Mortgage
$95,200
Outstanding Balance
$73,913
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$115,594

Purchase Details

Closed on
Apr 25, 2017
Sold by
Danielle Worley
Bought by
Daane Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2007
Bought by
Klein Lillian
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
Mddgs Enterprises Llc $119,000 None Listed On Document
Daane Kevin $92,000 Title Underwriters Agency
Klein Lillian $126,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mddgs Enterprises Llc $95,200
Previous Owner Daane Kevin $67,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2020 06/01/20 Sold $119,000 -4.8% $101 / Sq Ft
05/01/2020 05/01/20 Pending -- -- --
04/27/2020 04/27/20 Price Changed $125,000 -3.1% $106 / Sq Ft
04/14/2020 04/14/20 Price Changed $129,000 -0.8% $110 / Sq Ft
04/03/2020 04/03/20 For Sale $130,000 +73.3% $111 / Sq Ft
10/10/2014 10/10/14 Sold $75,000 -5.1% $64 / Sq Ft View Prior Sale
08/21/2014 08/21/14 Pending -- -- --
08/14/2014 08/14/14 For Sale $79,000 -- $67 / 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 $3,979 $47,653 $8,714 $38,939
2022 $3,710 $37,557 $6,868 $30,689
2021 $3,632 $34,437 $6,297 $28,140
2020 $2,926 $32,555 $5,953 $26,602
2019 $2,847 $31,029 $5,674 $25,355
2018 $2,778 $29,243 $5,347 $23,896
2017 $2,748 $27,986 $5,117 $22,869
2016 $2,722 $27,461 $5,021 $22,440
2015 $2,750 $27,461 $5,021 $22,440
2014 $2,216 $28,116 $6,278 $21,838
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202001678

NorthWest Illinois Alliance of REALTORS®

APN: 12-35-202-069

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