NOT LISTED FOR SALE

3174 Cedar Ridge Ln Waterloo, IL 62298

Estimated Value: $434,000 - $609,000

3 Beds
2 Baths
2,317 Sq Ft
$232/Sq Ft Est. Value

Last Sold February 14, 2024

Last sale price $288,000 $124 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $2,966/month

34 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • Bonus Room
  • Rogers Elementary School Rated A-
  • Backs to Trees or Woods
  • Sun or Florida Room

About This Home

As of February 2024

ATTENTION all investors!! Potential for a beautiful renovation is right here!! This home is located in the beautiful Cedar Lakes Estates in Waterloo! This 3 Bedroom/2 bath ranch sits on 4.25 acres. Seller is selling “AS IS”.
"Agent Related"

Last Agent to Sell the Property

Jena Gibbs

eXp Realty License #475201426 Listed on: 01/08/2024

eXp Realty

Last Buyer's Agent

Jena Gibbs

eXp Realty License #475201426 Listed on: 01/08/2024

eXp Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $0

Year Built

  • Built in 1990

Lot Details

  • 4.25 Acre Lot
  • Backs to Trees or Woods

HOA Fees

  • $41 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking

Home Design

  • Ranch Style House
  • Cedar

Interior Spaces

  • 2,317 Sq Ft Home
  • Skylights
  • Wood Burning Fireplace
  • Six Panel Doors
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room
  • Sun or Florida Room
  • Partially Carpeted

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Unfinished Basement

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

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Well
  • Gas Water Heater
  • Septic System

Additional Features

  • Accessible Parking
  • Deck

Listing and Financial Details

  • Assessor Parcel Number 07-09-301-008-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$0

Year Built

Built in 1990

Lot Details

0

HOA Fees

$41 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Style: 1 Story
  • Style Description: Ranch
  • Municipality Township: Waterloo
  • Special Areas: Bonus Room, Sun Room
  • Special Description: Homestead Improve
  • Age: 34
  • Ownership: Private
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Full, Unfinished, Walk-Out
  • Bedroom Types: Divided Bdr Flr Plan
  • Dining Room: Kitchen/Dining Combo, Separate Dining
  • Fireplace Location: Living Room
  • Fireplace Type: Woodburning Fireplce
  • Interior Amenities: Some Carpeting
  • Kitchen: Eat-In Kitchen, Pantry
  • Main Level Bedrooms: 3
  • Main Full Bathrooms: 2
  • Master Bed.: Full Bath, Tub & Separate Shwr
  • Misc Features: Deck
  • Total Living Area: 2317.00
  • Windows/Doors: 6 Panel Door(s), Skylight(s)
  • Appliances: Dishwasher, Range/Oven-Gas
  • Bathrooms: 2.00
  • Bedrooms: 3.00
  • Square Footage: 2317
  • Total Full Baths: 2
  • Number Fireplaces: 1

Exterior Features

  • Construction: Cedar/Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking: Accessible Parking, Attached Garage, Oversize

Utilities

  • Sewer: Septic
  • Water: Well
  • Water Heater: Gas
  • Cooling: Central-Electric
  • Heating: Forced Air

Condo/Co-op/Association

  • Association Fee: 488
  • Association Fee Frequency: Yearly

Schools

  • School District: Waterloo DIST 5
  • Elementary School: WATERLOO DIST 5
  • Middle School: WATERLOO DIST 5
  • High School: Waterloo
  • Elementary School: WATERLOO DIST 5
  • Junior High School: WATERLOO DIST 5
  • School District: Waterloo DIST 5
  • Senior High School: Waterloo

Lot Info

  • Lot Description: Backs to Trees/Woods
  • Lot Dimensions: 4.25
  • Lot Sq Ft: 185130
  • Acres: 4.2500

Tax Info

  • Taxes Paid: 6173
  • Taxes Paid Year: 2022
  • Assessor Parcel Number: 07-09-301-008-000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 21, 2025
Sold by
Wp Property Solutions Llc
Bought by
Michael L Wellman And Joy L Wellman Joint Rev
Current Estimated Value
$536,712

Purchase Details

Closed on
Oct 16, 2024
Sold by
Wellman Properties Llc
Bought by
Wp Property Solutions Llc

Purchase Details

Listed on
Jan 8, 2024
Closed on
Feb 14, 2024
Sold by
Smith Lenox C
Bought by
Wellman Properties Llc and Salger
Seller's Agent
Jena Gibbs
eXp Realty
Buyer's Agent
Jena Gibbs
eXp Realty
List Price
$290,000
Sold Price
$288,000
Premium/Discount to List
-$2,000
-0.69%
Views
190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
50.05%
Original Mortgage
$350,000
Interest Rate
6.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Buyer Sale Price Title Company
Michael L Wellman And Joy L Wellman Joint Rev -- None Listed On Document
Wp Property Solutions Llc -- Accent Title
Wellman Properties Llc $288,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wellman Properties Llc $350,000
Previous Owner Smith Lenox C $249,642
Previous Owner Smith Lenox C $242,278
Previous Owner Smith Lenox C $237,431
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2024 02/14/24 Sold $288,000 -0.7% $124 / Sq Ft
02/12/2024 02/12/24 Pending -- -- --
01/08/2024 01/08/24 For Sale $290,000 -- $125 / 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
2023 $0 $112,730 $22,240 $90,490
2022 $6,173 $110,330 $22,240 $88,090
2021 $3,770 $101,890 $22,240 $79,650
2020 $3,804 $92,740 $22,240 $70,500
2019 $3,795 $93,610 $22,240 $71,370
2018 $5,646 $93,450 $22,240 $71,210
2017 $5,520 $95,997 $22,640 $73,357
2016 $0 $81,350 $18,580 $62,770
2015 $3,858 $70,240 $9,670 $60,570
2014 $3,710 $74,550 $9,670 $64,880
2012 -- $70,940 $9,670 $61,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS24001045

MARIS MLS

APN: 07-09-301-008-000