7411 Farmhome Ln
Cherry Valley, IL 61016
3 bd 2 ba 1,996 sqft Built 1982 Lot 16,117 sqft single_family
Most recent sale
$200,500
Jun 15, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 15, 2022 | Sold | $200,500 | Public Record |
| Jun 2, 2022 | Sold | $200,500 | MLS #11380232 |
| Apr 20, 2022 | Listed | $200,000 | MLS #11380232 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $51,674 | $10,388 | $62,062 | $4,289 |
| 2023 | $51,674 | $10,388 | $62,062 | $4,125 |
| 2022 | $40,211 | $10,677 | $50,888 | $4,073 |
| 2021 | $38,242 | $10,154 | $48,396 | $4,113 |
| 2020 | $36,616 | $9,722 | $46,338 | $4,094 |
| 2019 | $34,899 | $9,266 | $44,165 | $3,996 |
| 2018 | $33,305 | $9,023 | $42,328 | $4,034 |
| 2017 | $32,322 | $8,757 | $41,079 | $4,028 |
| 2016 | $31,639 | $8,572 | $40,211 | $3,984 |
| 2015 | $31,058 | $8,415 | $39,473 | $3,941 |
| 2014 | $31,126 | $8,415 | $39,541 | $3,875 |
| 2013 | $32,013 | $8,655 | $40,668 | $3,750 |
| 2012 | $33,184 | $8,972 | $42,156 | $3,608 |
| 2011 | $38,572 | $9,076 | $47,648 | $4,066 |
| 2010 | $39,553 | $9,307 | $48,860 | $3,810 |
| 2009 | $40,001 | $9,412 | $49,413 | $3,623 |
| 2008 | $41,122 | $9,412 | $50,534 | $3,687 |
| 2007 | $39,415 | $9,102 | $48,517 | $3,489 |
| 2006 | $36,140 | $8,903 | $45,043 | $3,286 |
Property facts
Year built
1982
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,996 sqft
Lot size
16,117 sqft
ZIP code
61016
City
Cherry Valley
Street
Farmhome Ln
Coordinates
42.22762, -88.97242
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,203
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 7411 Farmhome Ln last sell?
7411 Farmhome Ln most recently sold on Jun 15, 2022 for $200,500.
What is the current tax assessment for 7411 Farmhome Ln?
The most recent total assessment for 7411 Farmhome Ln (year 2024) is $62,062 with $4,289 in property tax.
How does 7411 Farmhome Ln's assessment compare to its last sale price?
The current assessment is 69.0% below the last sale price of $200,500.
When was 7411 Farmhome Ln built?
7411 Farmhome Ln was built in 1982.
How does 7411 Farmhome Ln compare to others on Farmhome Ln?
We track 8 other properties on Farmhome Ln. Browse the list under "Other properties on Farmhome Ln" to compare beds, baths, and sale history.
What are the property facts for 7411 Farmhome Ln?
7411 Farmhome Ln is a 3 bed, 2 bath, 1,996 sqft, 16,117 sqft lot single_family.
Is 7411 Farmhome Ln a flip candidate?
No — 7411 Farmhome Ln does not appear in our flips dataset.
Is 7411 Farmhome Ln a tax-appeal candidate?
No — 7411 Farmhome Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.5%
Implied 1-yr
-2.1%
2026 Q2
$274.7K
2026 Q3
$273.2K
ZIP 61016 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Farmhome Ln