$393,000
SOLD JAN 15, 2025

308 Independence Ave Waterloo, IL 62298

3 Beds
3 Baths
2,897 Sq Ft
0.35 Acres

Recently Sold

$136 Per Sq Ft

6% Below List Price

92 Days on Market

Highlights

  • Clubhouse
  • Traditional Architecture
  • Brick Veneer
  • Rogers Elementary School Rated A-
  • 3 Car Attached Garage
  • Cooling Available

About This Home

As of January 2025

Want to sit on your deck or patio and look out over the lake? This 3br home sits on over 1/3 acre in a sought after subdivision in town! Main level has 2 full baths & the 3 bedrooms including a primary suite with a walkin closet to die for, wooden plank accent wall and primary bathroom. Kitchen has newer SS appliances including a refrigerator that the doors change color, granite countertops & breakfast bar. Open floor plan between kitchen, dining area and family room and a gas fireplace. Lower level has a HUGE family room area, full bath and a 2nd fully operational kitchen that leads out to a covered patio area.....also lots of storage space. Newer Washer and dryer also stay and you have lake privileges and access to the clubhouse. House on the lake in town on a large lot, minutes from Rte 3....won't last long!

Last Agent to Sell the Property

Beth Luhr

eXp Realty License #475145104 Listed on: 10/10/2024

eXp Realty

Last Buyer's Agent

Monica Schmidt

eXp Realty License #475172686

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,900

Year Built

  • Built in 2016

Lot Details

  • 0.35 Acre Lot

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Veneer

Interior Spaces

  • 1-Story Property
  • Gas Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Schools

  • Waterloo Dist 5 Elementary And Middle School
  • Waterloo High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Underground Utilities

Community Details

  • Clubhouse

Listing and Financial Details

  • Assessor Parcel Number 07-26-201-134-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,900

Year Built

Built in 2016

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2016
  • Directions: Rte 3 to Illinois Ave, right on Mockingbird, left on Independence.
  • Property Sub-Type: Residential
  • Lot Size Acres: 0.35
  • Reso Association Amenities: Clubhouse, Underground Utilities
  • Co List Office Phone: 5749405
  • Subdivision Name: Westview Acres
  • Above Grade Finished Sq Ft: 1811
  • Architectural Style: Traditional
  • Carport Y N: No
  • Reso Fireplace Features: Gas
  • Unit Levels: One
  • Age: 9
  • Style Description: Ranch
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Bathroom in LL, Full, Partially Finished, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1086
  • Fireplaces: 1
  • Fireplace: Yes
  • Main Level Bathrooms: 2
  • Fireplace Location: Living Room

Exterior Features

  • Pool Private: No
  • Waterfront: No
  • Disclosures: Unknown, Sellers Discl. Avail
  • Construction Type: Brick Veneer

Garage/Parking

  • Garage Spaces: 3
  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Attached Garage: Yes
  • Parking Features: Attached Garage, Garage Door Opener

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: WATERLOO DIST 5
  • Junior High Dist: Waterloo DIST 5
  • High School: Waterloo
  • Middle Or Junior School: WATERLOO DIST 5

Lot Info

  • Lot Dimensions: .35 acre
  • Lot Size Sq Ft: 15246
  • Parcel Number: 07-26-201-134-000

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2024
Closed on
Jan 15, 2025
Sold by
Funk Raymond G and Funk Victoria L
Bought by
Burrow John A
Seller's Agent
Beth Luhr
eXp Realty
Buyer's Agent
Monica Schmidt
eXp Realty
List Price
$420,000
Sold Price
$393,000
Premium/Discount to List
-$27,000
-6.43%
Views
147
Current Estimated Value
$423,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,188
Avg. Annual Appreciation
8.67%
Original Mortgage
$393,000
Outstanding Balance
$389,904
Interest Rate
6.15%
Mortgage Type
VA
Estimated Equity
$33,284
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $393,000 None Listed On Document
Warranty Deed $393,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $393,000 VA
Closed $393,000 VA
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/15/2025 01/15/25 Sold $393,000 -1.7% $136 / Sq Ft
01/11/2025 01/11/25 Pending -- -- --
11/13/2024 11/13/24 Price Changed $399,900 -2.4% $138 / Sq Ft
10/21/2024 10/21/24 Price Changed $409,900 -2.4% $141 / Sq Ft
10/10/2024 10/10/24 For Sale $420,000 +6.9% $145 / Sq Ft
09/27/2024 09/27/24 Off Market $393,000 -- --
12/19/2016 12/19/16 Sold $241,700 +0.8% $133 / Sq Ft View Prior Sale
09/16/2016 09/16/16 For Sale $239,900 -- $132 / Sq Ft
Source: MARIS MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $125,845 $16,803 $109,042
2023 $0 $103,520 $15,500 $88,020
2022 $0 $100,790 $15,700 $85,090
2021 $0 $96,750 $13,260 $83,490
2020 $0 $90,830 $13,260 $77,570
2019 $0 $75,040 $13,260 $61,780
2018 $0 $71,710 $10,720 $60,990
2017 $4,279 $73,001 $10,913 $62,088
2016 $0 $510 $510 $0
2015 $34 $510 $510 $0
2014 $33 $510 $510 $0
2012 -- $510 $510 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS24061525

MARIS MLS

APN: 07-26-201-134-000