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272 Nelson Parkway

272 Nelson Parkway, Cherry Valley, IL 61016
Property in Belvidere
Sold Jun 02, 2017
$148,000
$140,600 by Alpine Bk&tr Co
Mortgage Due Jun 01, 2047
Sold Jun 10, 2003
$142,400
272 Nelson Parkway in Cherry Valley, IL was first built in 2003 and is 21 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style. It is a single story home. There are a total of 6 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 272 Nelson Parkway has 1,438 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 15,155 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof made of composition shingle. For those who need parking, there is a garage. The garage is 462 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B+. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 272 Nelson Parkway sold most recently in May 31, 2017 for a total of $148,000. If you work out the math, that's approximately a cost of $102.92 per sqft. Before that, the property was also sold for $142,400 in Jun 10, 2003. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,810 in taxes each year. 272 Nelson Parkway was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $61,229. If we break it down further, the land itself was valued at $5,333. Improvements to the property, however, were assessed at a total of $55,896. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Average
  • Building Quality: B+
  • Construction Type: Brick
  • Building Style: Condo
  • Exterior Walls Type: Brick
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,438
  • Garage Type: Garage
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 15,155
  • Total Building Area: 1,438
  • Building Area: 1,438
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,438
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLAGE
  • Land Acres: 0.348
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: 31-44-3 RIVERS EDGE CONDOS AT NEWBURG VILLAGE UNIT 2-A

Ownership

  • Current Owner : PETERSON DIANNA L
  • Previous Owner : BEAUVAIS JAY K
  • Previous Owner 2: BEAUVAIS BARBARA J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Belvidere Consolidated Unit School District 100
  • Census Tract: 010502

Geography

  • Account Number: 05-05-31-104-001
  • District: 050
  • Parcel: 05-31-104-001
  • Municipality: BELVIDERE
  • Latitude: 42.2534
  • Longitude: -88.9373

    Address

  • Full Address: 272 Nelson Pkwy
  • Legal Unit: 2-A
  • Address - House Number: 272
  • Address - Street Name: Nelson
  • Address - Suffix Type: Pkwy
  • State: IL
  • City Name: Cherry Valley
  • Carrier Code: R062
  • 4-Digit Zip Code: 8807
  • Zip Code: 61016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,810

    Appraisal Valuation

  • Standard Deviation: 0.1638
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 79
  • Final Value: 227,498
  • High Value: 264,766
  • Low Value: 190,231

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,600
  • First Open Lien Mortgage Lender: ALPINE BK&TR CO
  • First Open Lien Mortgage Recording Date: Jun 02, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $140,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2047

    Market Valuation

  • Market Total Value: $183,687
  • Market Land Value: $15,999
  • Market Improvement Value: $167,688

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $61,229
  • Assessed Land Value: $5,333
  • Assessed Improvements Value: $55,896

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 31, 2017
  • Current Sale Recording Date: Jun 02, 2017
  • Current Sale Transaction ID: 11708471178
  • Current Sale Price: $148,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Jun 10, 2003
  • Previous Sale Contract Date: Jun 10, 2003
  • Previous Sale Amount: $142,400
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALPINE BK&TR CO
  • First Mortgage Transaction Date: Jun 02, 2017
  • First Mortgage Loan Amount: $140,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2047

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Cherry Valley



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Frequently Asked Questions

What neighborhood is 272 Nelson Parkway located in?
The 272 Nelson Parkway is a located in the neighborhood of Belvidere in Cherry Valley, Cherry Valley.
What is the average sales price for listings in 272 Nelson Parkway?
The average sales price for units in 272 Nelson Parkway is $0 currently.

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