$327,400
- 3 Beds
- 2 Baths
- 1,698 sqft (on 0.35 acres)
4956 Markell Ln, Cherry Valley, IL 61016
Est. Refi. Payment $2,395/mo*
Refinance Your HomeCurrently Off Market - Sold Jul 28, 2015 for $155,500
Home Value
Trulia Estimate
$327KSince last month
Increased$2K (+0.5%)Since last year
Increased$20K (+6.5%)Since last sale
Increased$172K (+110.9%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +93% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $328K |
| August 2026 | $327K |
| July 2026 | $326K |
| June 2026 | $325K |
| May 2026 | $321K |
| April 2026 | $315K |
| March 2026 | $305K |
| February 2026 | $306K |
| January 2026 | $298K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.19 | Single-Family Home | $335,500 | 04/13/26 | 3 | 2 | 1,568 | |
0.21 | Single-Family Home | $320,000 | 04/14/26 | 3 | 2 | 2,400 | |
0.30 | Single-Family Home | $400,000 | 11/14/25 | 3 | 2 | 1,874 | |
0.33 | Single-Family Home | $340,000 | 10/10/25 | 3 | 2 | 2,130 | |
0.17 | Single-Family Home | $345,000 | 09/15/25 | 4 | 2.5 | 2,448 | |
0.35 | Single-Family Home | $365,000 | 05/26/26 | 3 | 3.5 | 1,988 | |
0.44 | Single-Family Home | $410,000 | 03/20/26 | 3 | 2.5 | 1,997 | |
0.63 | Single-Family Home | $165,000 | 08/06/26 | 3 | 1.5 | 1,308 | |
0.50 | Single-Family Home | $225,000 | 03/20/26 | 5 | 1.5 | 1,720 | |
0.51 | Single-Family Home | $395,000 | 11/21/25 | 3 | 2 | 2,716 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.13 | $389,100 | 4 | 3 | 2,024 | Off Market | |
0.13 | $335,500 | 4 | 3 | 2,110 | Off Market | |
0.14 | $376,600 | 4 | 2.5 | 1,988 | Off Market | |
0.17 | $380,900 | 4 | 2.5 | 2,448 | Off Market | |
0.18 | $347,600 | 3 | 2.5 | 2,023 | Off Market | |
0.19 | $348,700 | 3 | 2.5 | 1,818 | Off Market | |
0.21 | $320,000 | 3 | 2 | 2,400 | Recently Sold | |
0.22 | $432,100 | 3 | 2 | 1,640 | Off Market | |
0.21 | $337,700 | 3 | 2 | 1,730 | Off Market | |
0.24 | $359,000 | 3 | 2 | 1,810 | Off Market | |
0.25 | $447,200 | 5 | 3.5 | 3,798 | Off Market | |
0.29 | $362,900 | 3 | 3 | 3,242 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
2000
Lot Size
0.35 acres
Living Area
1,698 sqft
Price/Sqft
$193
Parking
Garage
About this House
Beautiful Ranch in Penfield! Approx 1700SF w/vaulted ceiling. Great Rm open to kitchen & dining area. New Quartz countertops & sink/faucet & wood laminate flooring thru kitchen, main flr laundry & foyer. New sliding door ('13) opens to new large deck ('13) & large tree lined backyard. Spacious master w/remodeled master bath & large walk in closet. Formal dining or office. Concrete driveway. Unfinished basement w/rough in for 3rd full bath. Light & bright, beautifully maintained. Must See!
4956 Markell Ln, Cherry Valley, IL 61016 is a 3 bedroom, 2 bathroom, 1,698 sqft single-family home built in 2000. It last sold for $155,500 on Jul 28, 2015. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $327,400, with a rent estimate of $2,345/month.
Home Details for 4956 Markell Ln
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Heating & Cooling Heating: GasAir ConditioningCooling System: CentralHeating Fuel: Gas |
Interior Details Number of Rooms: 6Types of Rooms: Dining Room |
Levels, Entrance, & Accessibility Floors: Tile |
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Exterior Home Features Roof: OtherExterior: Other |
Parking & Garage GarageParking: Garage Attached |
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Year Built Year Built: 2000 |
Property Type / Style Property Type: Single Family HomeArchitecture: Other |
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Units in Building: 1 |
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Lot Area: 0.35 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 28, 2015 Source: NorthWest Illinois Alliance of REALTORS® #201503301 | Sold | $155,500 |
Jun 23, 2015 Source: Agent Provided | Pending | $157,900 |
Jun 4, 2015 Source: Agent Provided | PriceChange | $157,900 Price decreased by 3% |
Apr 16, 2015 Source: Agent Provided | Listed For Sale | $162,900 |
Nov 12, 1999 Source: N/A | Sold | $26,500 |
Feb 3, 1998 Source: N/A | Sold | $31,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $5,770 | $248,019 |
Home facts updated by county records
Market trends in Cherry Valley
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
10
4MoM
Around this home
What Locals Say about Cherry Valley
At least 26 Trulia users voted on each feature.
93 % Say it's dog friendly
89 % Say parking is easy
82 % Say car is needed
82 % Say yards are well-kept
77 % Say kids play outside
77 % Say there's holiday spirit
71 % Say people would walk alone at night
69 % Say there are sidewalks
66 % Say there's wildlife
63 % Say it's quiet
57 % Say they plan to stay for at least 5 years
55 % Say neighbors are friendly
52 % Say it's walkable to restaurants
42 % Say there are community events
41 % Say streets are well-lit
21 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 4956 Markell Ln
- What is 4956 Markell Ln estimated to be worth?Trulia's estimated value for 4956 Markell Ln in Cherry Valley, IL is $327,400.
- What is the price history for 4956 Markell Ln?4956 Markell Ln in Cherry Valley, IL last sold for $155,500 in July 2015.
- Is Cherry Valley a buyer's or seller's market?Cherry Valley is currently a seller's market, based on recent for-sale activity.
- What do residents say about Cherry Valley?Residents describe Cherry Valley, IL as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Cherry Valley, IL.
- Does 4956 Markell Ln have air conditioning?Yes, 4956 Markell Ln in Cherry Valley, IL has air conditioning.
- How big is the lot at 4956 Markell Ln?The lot at 4956 Markell Ln in Cherry Valley, IL is about 0.35 acres (15,246 sq ft).

