See Home Value
Northbrook 60062
2931 Cherry Lane
$854,219*
House - Off Market

2931 Cherry Lane

Northbrook, IL 60062
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3272 Sqft
$684,000 - $834,000
Reference Base Price*
12.55%
Since Nov 1, 2021
National-US
Primary Model
Sold Aug 27, 2021
$735,000
$548,250 by Jpmorgan Chase Bank Na
Mortgage Due Aug 01, 2051
Sold Oct 29, 2014
$642,500
$514,000 by Guaranteed Rate Inc
Mortgage Due Nov 01, 2044

About This Property

Wonderfully updated, 3,200+ sq ft home in prime Northbrook location near expressways and in top-rated District 27. Beautifully landscaped front walkway leads to a grand foyer featuring a curved staircase. Large, light-filled family & living rooms open to a well-appointed kitchen with island for cooking and gathering. Bedrooms are all generously sized with ample closet space. Master bedroom includes a large adjacent room perfect for a work-from-home office setup and a spacious walk-in closet. Bathrooms were all updated in 2014 and hardwood flooring can be found throughout the first and second floors. Second floor also has a sizable hallway closet adjacent to the guest bathroom that could be made into an additional bathroom or upstairs laundry room. The recently finished basement with full bath and wet bar is great for hanging out with family and friends. Basement extends to the full footprint of the house with large rooms for storage or exercise area. Outside you'll find a new stamped concrete patio (22x20) surrounded by lovely mature trees and well maintained landscaping that makes for the perfect backyard oasis. Other updates are numerous with new high efficiency furnaces and air conditioning units (two each), new garage door, new front doors, new back sliding door, new interior doors, new window treatments, freshly painted rooms and energy efficient features (LED lighting and Nest thermostats). Welcome to your new turnkey home!

The manager has listed the unit size as 3272 square feet.
Unit Size
3,272Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$232
Property Type
House
Property Taxes
$13,097
HOA Dues
-
Year Built
1969

Price History

Date / Event Date Event Price
Oct 7, 2021 No longer available -
No longer available
Aug 27, 2021 Sold to Ann Sofoluwe, Olurotimi Sof... $735,000
Sold to Ann Sofoluwe, Olurotimi Sof...
Jun 8, 2021 In contract -
In contract
Jun 3, 2021 Price Decreased $759,000
↓ $20K (2.6%)
Price Decreased
May 20, 2021 Listed $779,000
Listed

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,012
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 910
  • Total Building Area: 3,272
  • Gross Building Area: 3,272
  • Building Area: 3,272
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 3,272
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WHITE PLAINS UNIT3
  • Land Acres: 0.276
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (WHITE)(PLAINS)(UNIT3) A SUB IN SEC 08-42-12

Ownership

  • Current Owner : SOFOLUWE OLUROTIMI
  • Current Owner 2: SOFOLUWE ANN
  • Previous Owner : RYAN PATRICK
  • Previous Owner 2: RYAN VICTORIA
  • Owner Before Previous Owner: HUR SIMON YOU
  • Owner Before Previous Owner 2: HUR SUN I

Neighborhood

  • School District Name: Northbrook Elementary School District 27
  • Census Tract: 801605

Geography

  • District: 25
  • Parcel: 04-08-413-019-0000
  • Block: 109
  • Lot: 19
  • Meridian: SEC 08 TWN 42N RNG 12E
  • Municipality: NORTHFIELD
  • Latitude: 42.1304
  • Longitude: -87.8521

    Address

  • Full Address: 2931 Cherry Ln
  • Legal Unit: 3
  • Address - House Number: 2931
  • Address - Street Name: Cherry
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Northbrook
  • Carrier Code: C038
  • 4-Digit Zip Code: 4311
  • Zip Code: 60062

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $15,771
  • Tax Rate Code Area: 25076

    Appraisal Valuation

  • Standard Deviation: 0.2016
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 837,554
  • High Value: 1,006,412
  • Low Value: 668,697

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $548,250
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Aug 27, 2021
  • First Open Lien Mortgage Loan Amount: $548,250
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $700,000
  • Market Land Value: $180,180
  • Market Improvement Value: $519,820

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $70,000
  • Assessed Land Value: $18,018
  • Assessed Improvements Value: $51,982

    Sales

  • Current Sale Contract Date: Jul 26, 2021
  • Current Sale Recording Date: Aug 27, 2021
  • Current Sale Transaction ID: 11853831613
  • Current Sale Price: $735,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2123917090
  • Previous Sale Recording Date: Oct 29, 2014
  • Previous Sale Contract Date: Oct 23, 2014
  • Previous Sale Amount: $642,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Aug 27, 2021
  • First Mortgage Loan Amount: $548,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Oct 29, 2014
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $514,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2044



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
In Contract
House
4 Beds
3.5 Baths
3,809 ft²
$184/ft²
$699,900 Jan 31, 2024
-
$1,354/mo

About Northbrook


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Frequently Asked Questions

When was property at 2931 Cherry Lane built and last sold?
The property at 2931 Cherry Lane was built in 1969 and last sold on Jul 26, 2021 for $735,000.
How much is this home worth?
The estimated value of the home located at 2931 Cherry Lane is $775,074.
What are some comparable homes to 2931 Cherry Lane?
There are currently no comparable homes to 2931 Cherry Lane.

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