NOT LISTED FOR SALE

503 E Cedar Ln Monticello, IL 61856

Estimated Value: $211,000 - $238,000

3 Beds
1 Bath
1,293 Sq Ft
$177/Sq Ft Est. Value

Sale Details

Date Sold: June 27, 2025

Last sale price $232,000 $179 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,430 / mo

5 Days on Market

Highlights

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

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 Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

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

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2018
Closed on
Jun 4, 2018
Bought by
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
$228,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,425
Avg. Annual Appreciation
6.36%

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$139,000 --
$108,000 --
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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