$225,000

502 Ridge Rd Unit 3 Philo, IL 61864

Estimated payment $1,484/month

Total Views 385
3 Beds
1.5 Baths
1,317 Sq Ft
$171 Price per Sq Ft

Highlights

  • Deck
  • Ranch Style House
  • Skylights
  • Vaulted Ceiling
  • Cul-De-Sac
  • Walk-In Closet

About This Home

Welcome to small-town charm in Philo! Built in 1994, this well-maintained three-bedroom home offers comfortable living in a community known for its excellent school system. Step inside to a spacious living room with vaulted ceilings and a cozy corner fireplace, perfect for relaxing evenings. The open layout flows into the dining area and the galley-style kitchen, complete with all appliances. Just off the kitchen, you'll find a convenient laundry room with mechanicals nearby for easy access. The primary suite includes its own half bath and a walk-in closet, while the full hall bath and linen closet serve the additional bedrooms. Outside, enjoy a large pie-shaped lot with plenty of room to spread out, a deck for entertaining, and a handy storage shed. Recent updates provide peace of mind, including a roof replaced about three years ago, a furnace installed approximately two years ago, and a newer washing machine. Tucked away on a quiet cul-de-sac, this home offers peace, privacy, and space to grow-all within minutes of Champaign-Urbana amenities.

Listing Agent

Barbara Gallivan

KELLER WILLIAMS-TREC License #475126516 Listed on: 09/10/2025

KELLER WILLIAMS-TREC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,422

Year Built

  • Built in 1994

Lot Details

  • Lot Dimensions are 41x178x170x108
  • Cul-De-Sac
  • Fenced
  • Paved or Partially Paved Lot

Parking

  • 2 Car Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,317 Sq Ft Home
  • Vaulted Ceiling
  • Skylights
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet

Outdoor Features

  • Deck
  • Shed

Schools

  • Unity West Elementary School
  • Unity Junior High School
  • Unity High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Septic Tank

Community Details

  • Shipley Estates Subdivision

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,422

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Shipley Estates
  • Year Built: 1994
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Legal Description: LOT 49 SHIPLEY ESTATES 3
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Cathedral Ceiling(s)
  • LivingArea: 1317
  • Room Type: Walk In Closet
  • Window Features: Skylight(s)
  • Estimated Total Finished Sq Ft: 1317
  • Assessed Sq Ft: 1325
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 1317
  • Basement Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 1317
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 1317
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Brick, Vinyl Siding
  • Fencing: Fenced
  • Foundation Details: Block
  • List Price: 225000
  • Lot Features: Cul-De-Sac
  • OtherStructures: Shed(s)
  • Patio And Porch Features: Deck
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Concrete, Gravel, Garage Door Opener, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Unity West Elementary School
  • High School: Unity High School
  • Middle/Junior School: Unity Junior High School
  • Middle/Junior School District: 7

Lot Info

  • Lot Dimensions: 41X178X170X108
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 22
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3422
  • Tax Year: 2024
  • Tax Exemptions: Homeowner,Senior

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $3,230 $68,150 $12,610 $55,540
2023 $3,230 $63,160 $11,690 $51,470
2022 $3,079 $59,310 $10,980 $48,330
2021 $2,929 $56,330 $10,430 $45,900
2020 $2,895 $55,120 $10,210 $44,910
2019 $3,001 $52,750 $9,770 $42,980
2018 $3,197 $50,970 $9,440 $41,530
2017 $3,182 $48,490 $8,980 $39,510
2016 $3,098 $46,670 $8,640 $38,030
2015 $3,067 $45,490 $8,420 $37,070
2014 $3,009 $44,640 $8,260 $36,380
2013 $3,031 $44,640 $8,260 $36,380
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2025 09/10/25 For Sale $225,000 -- $171 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $130,000 None Available
Warranty Deed $133,000 None Available
Warranty Deed $124,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 Construction
Open $144,000 New Conventional
Closed $100,000 New Conventional
Closed $132,901 New Conventional
Previous Owner $18,000 Credit Line Revolving
Previous Owner $100,000 Unknown
Previous Owner $124,000 Unknown
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12465975

Midwest Real Estate Data (MRED)

APN: 19-27-23-451-031