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7618 Magnolia Trl

Cherry Valley, IL 61016

2 bd 2 ba 1,208 sqft Built 2004 condos
Most recent sale
$152,000
Apr 19, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 19, 2022 Sold $152,000 Public Record
Apr 15, 2022 Sold $152,000 MLS #11344469
Mar 10, 2022 Listed $149,900 MLS #11344469
Sep 21, 2005 Sold $126,888 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $37,814 $9,710 $47,524 $3,727
2023 $33,935 $8,714 $42,649 $3,404
2022 $26,745 $6,868 $33,613 $2,234
2021 $24,523 $6,297 $30,820 $2,090
2020 $23,183 $5,953 $29,136 $3,210
2019 $22,096 $5,674 $27,770 $3,159
2018 $20,823 $5,347 $26,170 $3,159
2017 $16,828 $5,117 $21,945 $2,743
2016 $16,513 $5,021 $21,534 $2,731
2015 $16,513 $5,021 $21,534 $2,760
2014 $16,060 $6,278 $22,338 $2,805
2013 $17,062 $6,669 $23,731 $2,787
2012 $22,856 $7,073 $29,929 $3,234
2011 $24,547 $7,454 $32,001 $3,355
2010 $29,578 $7,845 $37,423 $3,584
2009 $34,858 $7,957 $42,815 $3,853
2008 $36,816 $7,718 $44,534 $3,877
2007 $36,868 $7,367 $44,235 $3,769
2006 $36,705 $6,830 $43,535 $3,794

Property facts

Year built
2004
Property type
condos
Stories
2
Beds
2
Baths
2
Living area
1,208 sqft
Lot size
ZIP code
61016
City
Cherry Valley
Street
Magnolia Trl
Coordinates
42.25261, -88.96815

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$912
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7618 Magnolia Trl last sell?
7618 Magnolia Trl most recently sold on Apr 19, 2022 for $152,000.
What is the current tax assessment for 7618 Magnolia Trl?
The most recent total assessment for 7618 Magnolia Trl (year 2025) is $47,524 with $3,727 in property tax.
How does 7618 Magnolia Trl's assessment compare to its last sale price?
The current assessment is 68.7% below the last sale price of $152,000.
When was 7618 Magnolia Trl built?
7618 Magnolia Trl was built in 2004.
How does 7618 Magnolia Trl compare to others on Magnolia Trl?
We track 8 other properties on Magnolia Trl. Browse the list under "Other properties on Magnolia Trl" to compare beds, baths, and sale history.
What are the property facts for 7618 Magnolia Trl?
7618 Magnolia Trl is a 2 bed, 2 bath, 1,208 sqft condos.
Is 7618 Magnolia Trl a flip candidate?
No — 7618 Magnolia Trl does not appear in our flips dataset.
Is 7618 Magnolia Trl a tax-appeal candidate?
No — 7618 Magnolia Trl is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.5%
Implied 1-yr
-2.1%
2026 Q2
$274.7K
2026 Q3
$273.2K
ZIP 61016 — Median Price History + Forecast

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