See Home Value
Bloomington 61701
8 Cherrywood Lane
$962,500
● House - Off Market

8 Cherrywood Lane

Bloomington, IL 61701
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,993 Ft²
$6,028
Est. Monthly
1.66%
Cap Rate

About This Property

LUXURIOUS RANCH HOME. Meticulously renovated on an expansive nearly acre lot, this CENTRALLY LOCATED  home is in one of Bloomington's premier neighborhoods. The main floor boasts an OPEN CONCEPT plan with custom details and high-end finishes throughout. Every aspect has been redesigned down to the studs with a focus on style, design, and functionality. The stunning front facade features a beautiful porch and french doors. Gorgeous HARDWOOD FLOORING runs throughout the main floor, which includes a VAULTED FAMILY ROOM opening to a DREAM KITCHEN. The kitchen is equipped with custom Amish cabinets, a 9-foot island, quartz countertops and waterfall backsplash, a custom wood hood, an 8-burner Wolf gas range with double ovens and griddle, a built-in ice maker, microwave, beverage cooler, farmhouse sink, and an integrated coffee bar with water. Large pantry and custom accessories enhance the kitchen's functionality. Large windows allow abundant natural light to pour in.  The living and dining rooms each have custom gas fireplaces. Plantation shutters, and upscale millwork throughout. The main floor primary suite, located in a private wing, features French doors to the patio. Primary bathroom includes quartz countertops, a double vanity, a seating area, a large walk-in shower with dual shower heads and bench, a soaking tub, a water closet, and a deluxe customized walk-in closet with drawers, a built-in desk/vanity, and a pass-through to the laundry room. The main floor laundry room is spacious, with ample cabinetry and a mud sink. Main floor Jack & Jill bedrooms each have custom walk-in closets, plantation shutters, and access to a bathroom with quartz countertops, a double vanity, a seating area, and a private tiled bathtub/shower combo. The basement is perfect for entertaining, with a large family room featuring custom-cabinetry, wet bar, a wine cooler, space for a game table, and another Jack & Jill suite with a double vanity and tiled shower. There is also a large storage room! French doors off the family room lead to the amazing, private backyard, blue slate patio, an additional patio for a hot tub, an aluminum fence, and professional landscaping with an irrigation system. Additional features include geothermal zoning, a tankless hot water heater, sump jet, architectural shingles, custom garage doors, heated and cooled garage, security system. The home also boasts gorgeous lighting and hardware selections. The complete renovation in 2022 included an addition, framing, plumbing, electrical, ductwork, sewer line, and more. A full list of renovations and property features is available upon request. Information is deemed reliable but not guaranteed. No detail was spared in the construction of this beautiful home. Call today to schedule your private tour.
Unit Size
4,993 Ft²
Days on Market
-
Land Size
0.89 acres
Price per sqft
$220
Property Type
House
Property Taxes
$626
HOA Dues
-
Year Built
1958

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Last updated: 2 years ago (MRED MLS #12113097)

Price History

Date / Event Date Event Price
Oct 28, 2024 Sold
Sold
Aug 2, 2024 In contract -
In contract
Jul 18, 2024 Listed by Coldwell Banker Real Estate Group $1,100,000
Listed by Coldwell Banker Real Estate Group

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1958
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 6
  • Basement Area: 2,767
  • Garage Type: 1
  • Garage Square Area: 599
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 106
  • Pool Type: 0
  • Location Influence Type: 118

    Dimensions

  • Lot Size Square Feet: 39,124
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 2,230
  • Total Building Area: 6,176
  • Gross Building Area: 6,176
  • Building Area: 4,993
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 4,993
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHERRY HILL
  • Land Acres: 0000000898
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: CHERRY HILL SUB LOT 1

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 087
  • Census Tract: 001200

Zoning

  • Zoning: R1A

Geography

  • District: 40
  • Parcel: 14-35-156-004
  • Lot: 1
  • Meridian: SEC 35 TWN 24N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.496
  • Longitude: -88.9599

    Address

  • Full Address: 8 Cherrywood Ln
  • Address - House Number: 8
  • Address - Street Name: Cherrywood
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Bloomington
  • Carrier Code: C031
  • 4-Digit Zip Code: 2004
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $695,972
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.1577
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 382,553
  • High Value: 442,895
  • Low Value: 322,211

    Market Valuation

  • Market Total Value: $338,670
  • Market Land Value: $95,121
  • Market Improvement Value: $243,549

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $112,890
  • Assessed Land Value: $31,707
  • Assessed Improvements Value: $81,183

    Sales

  • Current Sale Contract Date: May 26, 2020
  • Current Sale Recording Date: Jun 10, 2020
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020-00010284
  • Previous Sale Recording Date: Oct 30, 2019
  • Previous Sale Contract Date: Oct 24, 2019
  • Previous Sale Amount: $184,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Bloomington


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Frequently Asked Questions

When was property at 8 Cherrywood Lane built and last sold?
The property at 8 Cherrywood Lane was built in 1958 and last sold on May 26, 2020 for $234,500.
How much is this home worth?
The estimated value of the home located at 8 Cherrywood Lane is $1,085,900.
What are some comparable homes to 8 Cherrywood Lane?
There are currently no comparable homes to 8 Cherrywood Lane.