$232,000
SOLD JUN 27, 2025

503 E Cedar Ln Monticello, IL 61856

3 Beds
1 Bath
1,293 Sq Ft
1962 Built

Recently Sold

$179 Per Sq Ft

1% Above List Price

5 Days on Market

Highlights

  • Laundry Room
  • Entrance Foyer
  • Forced Air Heating and Cooling System
  • White Heath Elementary School Rated A-
  • 1-Story Property
  • Dining Room

About This Home

As of June 2025

Welcome to this charming and well-maintained 3-bedroom, 1-bath ranch offering over 1,200 sq ft of comfortable living space-all on one convenient level. Nestled in the heart of Monticello, this home combines classic appeal with modern updates that are sure to impress. Step inside to discover a bright and inviting interior, where large windows flood the space with natural light throughout the day. The kitchen was beautifully remodeled in 2023, featuring quartz countertops, and new flooring, and a layout perfect for everyday living and entertaining. The bathroom was tastefully updated in 2015 as well. All three bedrooms are generously sized, offering flexible space for family, guests, or a home office. The smart, single-level layout ensures easy living with everything right where you need it. Step outside to your own private retreat-complete with a spacious deck, a gazebo and pergola, and a relaxing saltwater hot tub, all included with the property. Whether you're sipping your morning coffee or hosting an evening gathering, this outdoor space is the perfect escape. This is truly a move-in-ready gem offering comfort, convenience, and character inside and out. Don't miss your chance to call this Monticello beauty home!

Last Agent to Sell the Property

Kyle Koester

KELLER WILLIAMS-TREC-MONT License #475163267 Listed on: 05/07/2025

KELLER WILLIAMS-TREC-MONT

Last Buyer's Agent

Kyle Koester

KELLER WILLIAMS-TREC-MONT License #475163267 Listed on: 05/07/2025

KELLER WILLIAMS-TREC-MONT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,303

Year Built

  • Built in 1962

Lot Details

  • Lot Dimensions are 76x119

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,293 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Schools

  • Monticello Elementary School
  • Monticello Junior High School
  • Monticello High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,303

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1962
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • 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 45 LONE BEECH ADD 52 5 90
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Crawl Space
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • LivingArea: 1293
  • Room Type: Foyer
  • Estimated Total Finished Sq Ft: 1293
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 1293

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • Foundation Details: Block
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Concrete, Garage Door Opener, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Monticello Elementary
  • High School: Monticello High School
  • Middle/Junior School: Monticello Junior High School

Lot Info

  • Lot Dimensions: 76X119
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 2303
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2018
Closed on
Jun 4, 2018
Bought by
Flenniken Craig and Brown-Flenniken Teresa
Seller's Agent
John Frerichs
KELLER WILLIAMS-TREC
Buyer's Agent
Curtis Royse
The Real Estate Group,Inc
List Price
$135,000
Sold Price
$139,000
Premium/Discount to List
$4,000
2.96%
Current Estimated Value
$230,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,707
Avg. Annual Appreciation
6.90%

Purchase Details

Closed on
Jun 27, 2013
Source: Public Records
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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
Grant Deed $139,000 --
Warranty Deed $108,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2025 06/27/25 Sold $232,000 +0.9% $179 / Sq Ft
05/13/2025 05/13/25 Pending -- -- --
05/07/2025 05/07/25 For Sale $229,900 +65.4% $178 / Sq Ft
06/04/2018 06/04/18 Sold $139,000 +3.0% $103 / Sq Ft View Prior Sale
04/21/2018 04/21/18 Pending -- -- --
04/18/2018 04/18/18 For Sale $135,000 -- $100 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $2,390 $49,222 $10,728 $38,494
2023 $2,630 $46,218 $10,073 $36,145
2022 $2,432 $42,597 $9,284 $33,313
2021 $2,289 $39,997 $8,717 $31,280
2020 $2,232 $39,021 $8,504 $30,517
2019 $2,145 $38,350 $8,358 $29,992
2018 $2,056 $37,360 $8,142 $29,218
2017 $1,974 $37,360 $8,142 $29,218
2016 $1,864 $35,717 $7,784 $27,933
2015 $1,892 $35,717 $7,784 $27,933
2014 $1,892 $35,717 $7,784 $27,933
2013 $1,892 $35,717 $7,784 $27,933
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12351005

Midwest Real Estate Data (MRED)

APN: 05-00-54-001-277-00