3931 Rail Fence Rd
Cherry Valley, IL 61016
3 bd 2 ba 1,422 sqft Built 1979 Lot 23,596 sqft single_family
Most recent sale
$209,900
Sep 16, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 16, 2022 | Sold | $209,900 | MLS #11451425 |
| Jul 12, 2022 | Price changed | $209,900 | MLS #11451425 |
| Jun 30, 2022 | Listed | $214,900 | MLS #11451425 |
| Jun 14, 2019 | Sold | $140,000 | MLS #201902165 |
| May 2, 2019 | Listed | $142,000 | MLS #10364001 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $62,094 | $11,484 | $73,578 | $4,715 |
| 2023 | $56,168 | $10,388 | $66,556 | $4,460 |
| 2022 | $42,435 | $10,677 | $53,112 | $4,275 |
| 2021 | $40,357 | $10,154 | $50,511 | $4,319 |
| 2020 | $38,641 | $9,722 | $48,363 | $4,299 |
| 2019 | $36,829 | $9,266 | $46,095 | $3,675 |
| 2018 | $34,745 | $9,023 | $43,768 | $3,639 |
| 2017 | $33,720 | $8,757 | $42,477 | $3,615 |
| 2016 | $33,007 | $8,572 | $41,579 | $3,561 |
| 2015 | $32,401 | $8,415 | $40,816 | $3,511 |
| 2014 | $32,421 | $8,415 | $40,836 | $3,447 |
| 2013 | $33,345 | $8,655 | $42,000 | $3,895 |
| 2012 | $34,565 | $8,972 | $43,537 | $3,747 |
| 2011 | $40,678 | $9,076 | $49,754 | $4,271 |
| 2010 | $41,712 | $9,307 | $51,019 | $4,003 |
| 2009 | $42,184 | $9,412 | $51,596 | $3,805 |
| 2008 | $43,347 | $9,412 | $52,759 | $3,870 |
| 2007 | $40,820 | $9,102 | $49,922 | $3,602 |
| 2006 | $37,429 | $8,903 | $46,332 | $3,392 |
Property facts
Year built
1979
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,422 sqft
Lot size
23,596 sqft
ZIP code
61016
City
Cherry Valley
Street
Rail Fence Rd
Coordinates
42.22552, -88.97324
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,259
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 3931 Rail Fence Rd last sell?
3931 Rail Fence Rd most recently sold on Sep 16, 2022 for $209,900.
What is the current tax assessment for 3931 Rail Fence Rd?
The most recent total assessment for 3931 Rail Fence Rd (year 2025) is $73,578 with $4,715 in property tax.
How does 3931 Rail Fence Rd's assessment compare to its last sale price?
The current assessment is 64.9% below the last sale price of $209,900.
When was 3931 Rail Fence Rd built?
3931 Rail Fence Rd was built in 1979.
How does 3931 Rail Fence Rd compare to others on Rail Fence Rd?
We do not currently track other properties on Rail Fence Rd.
What are the property facts for 3931 Rail Fence Rd?
3931 Rail Fence Rd is a 3 bed, 2 bath, 1,422 sqft, 23,596 sqft lot single_family.
Is 3931 Rail Fence Rd a flip candidate?
No — 3931 Rail Fence Rd does not appear in our flips dataset.
Is 3931 Rail Fence Rd a tax-appeal candidate?
No — 3931 Rail Fence Rd 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
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Geography