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Sold for $275,000
    • $275,000

    7221 Farmhome Ln, Cherry Valley, IL 61016

    3beds
    2,178sqft
    Single Family Residence
    Built in 1983
    0.42 Acres Lot
    $309,800 Zestimate®
    $126/sqft
    $2,346 Estimated rent

    Home value

    $309,800

    $273,000 - $353,000

    $2,346/mo

    Zestimate® history
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    What's special

    Brick fireplaceFenced backyardImmaculate oak floorsPeninsula seatingMain level storageOversized pantryBay window
    Cherry Valley! Pristine GreatRoom Ranch in rural Valley View Neighborhood on .42 Acre Lot! Unexpected 25 x 19 flexible Living/Dining area with brick Fireplace, cathedral ceiling, sliders to 29 x 12 Deck. Light & Bright 21x11 Eat-In Kitchen with bay window, peninsula seating, oversized pantry, utility closet and stainless appliances. Three Bedrooms, the updated Main Suite has step-in tastefully tiled shower. The Main Bath is also updated with like finishes. Immaculate Oak Floors throughout (minus the tiled Kit & Baths), 6 panel doors, an abundance of main level storage, 700 finished Lower-Level square feet, Fenced Backyard and a Storage Shed. Close to Shopping, School and Interstate! Roof 2018.

    Zillow last checked:

    Listing updated:

    Listed by:

    Angela Molloy 815-519-3928,

    Keller Williams Realty Signature

    Bought with:

    NON-NWIAR Member

    Northwest Illinois Alliance Of Realtors®

    Source: NorthWest Illinois Alliance of REALTORS®,MLS#: 202501435MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 2
    • Main level bedrooms: 3
    Primary bedroom
    • Level: Main
    • Area: 171.6
    • Dimensions: 14.3 x 12
    Bedroom 2
    • Level: Main
    • Area: 110
    • Dimensions: 11 x 10
    Bedroom 3
    • Level: Main
    • Area: 110
    • Dimensions: 11 x 10
    Family room
    • Level: Lower
    • Area: 422.4
    • Dimensions: 24 x 17.6
    Kitchen
    • Level: Main
    • Area: 234.3
    • Dimensions: 21.3 x 11
    Living room
    • Level: Main
    • Area: 472.5
    • Dimensions: 25 x 18.9
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Disposal, Dishwasher, Dryer, Refrigerator, Stove/Cooktop, Washer, Water Softener, Gas Water Heater
    • Laundry: In Basement
    Features
    • Great Room, L.L. Finished Space, Ceiling-Vaults/Cathedral, Walk-In Closet(s)
    • Windows: Window Treatments
    • Basement: Full,Finished
    • Attic: Storage
    • Has fireplace: Yes
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 2,178
    • Total interior livable area: 2,178 sqft
    • Finished area above ground: 1,478
    • Finished area below ground: 700

    Property

    Parking
    • Total spaces: 2.5
    • Parking features: Attached, Garage Door Opener
    • Garage spaces: 2.5
    Features
    • Patio & porch: Deck, Deck-Leveled
    • Fencing: Fenced
    Lot
    • Size: 0.42 Acres
    • Features: County Taxes, City/Town, Subdivided
    Details
    • Additional structures: Shed(s)
    • Parcel number: 1602353009

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Brick/Stone, Wood
    • Roof: Shingle
    Condition
    • Year built: 1983

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: City/Community
    • Water: City/Community

    Community & HOA

    Community
    • Subdivision: IL
    Location
    • Region: Cherry Valley

    Financial & listing details

    • Price per square foot: $126/sqft
    • Tax assessed value: $221,970
    • Annual tax amount: $4,488
    • Date on market: 3/28/2025
    • Cumulative days on market: 5 days
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    5/2/2025Sold$275,000+3.8%$126/sqft
    Source: NorthWest Illinois Alliance of REALTORS® #202501435 Report a problem
    4/2/2025Pending sale$265,000$122/sqft
    Source: NorthWest Illinois Alliance of REALTORS® #202501435 Report a problem
    3/28/2025Listed for sale$265,000$122/sqft
    Source: NorthWest Illinois Alliance of REALTORS® #202501435 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,888 +4.9%$73,990 +10.5%
    2024$4,661 +3.9%$66,929 +11.2%
    2023$4,488 +1.5%$60,183 +9.9%
    2022$4,423 $54,744 +5.1%
    2021-- $52,063 +4.4%
    2020$4,450 +2.4%$49,849 +4.9%
    2019$4,347 +0.1%$47,511 +5.3%
    2018$4,344 +0.1%$45,115 +3%
    2017$4,339 $43,784 +2.2%
    2016$4,339 +1.1%$42,858 +1.9%
    2015$4,293 +1.1%$42,072 -0.1%
    2014$4,248 -3.6%$42,094 -20.7%
    2009$4,409 $53,059 +4.1%
    2007-- $50,964 +7.8%
    2006-- $47,287 +7%
    2005-- $44,212 +5.2%
    2004-- $42,017 +5.8%
    2003-- $39,726 +5.3%
    2001-- $37,743 +1.4%
    2000-- $37,211 +4.1%
    1999-- $35,740
    Find assessor info on the county website

    Neighborhood: 61016

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Cherry Valley Elementary
    • Middle: Bernard W Flinn Middle
    • High: Jefferson High
    • District: Rockford 205

    Source: NorthWest Illinois Alliance of REALTORS®. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $309,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $309,800

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