NOT LISTED FOR SALE

505 Alder Ridge Dr O'Fallon, IL 62269

Estimated Value: $483,000 - $588,000

3 Beds
2 Baths
1,816 Sq Ft
$293/Sq Ft Est. Value

Last Sold April 07, 2021

Last sale price $380,000 $209 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,389/month

40 Days on Market

Highlights

  • Water Views
  • Primary Bedroom Suite
  • Deck
  • Hinchcliffe Elementary School Rated A
  • Craftsman Architecture
  • Corner Lot

About This Home

As of April 2021

THIS BETTER THAN NEW HOME IN THE RESERVES AT TIMBER RIDGE HAS A LAKE VIEW, WALK-OUT BASEMENT & LOTS OF UPGRADES THROUGHOUT! YOU WILL LOVE THE OPEN FLOOR PLAN THAT OFFERS A MODERN DESIGN, INCLUDING THE NICELY DONE KITCHEN W/ CUSTOM ISLAND & BUTCHER BLOCK TOP, GLASS BACKSPLASH, STAINLESS APPLIANCES (INCLUDING A DOUBLE OVEN & GAS RANGE) & A PANTRY THAT HAS A HOOKUP FOR A FUTURE MINI FRIDGE. THE VAULTED GREAT ROOM HAS A CUSTOM FIREPLACE SURROUND W/ BUILT IN SHELVING & A GORGEOUS CHANDALIER LIGHT FIXTURE. OFF THE BREAKFAST NOOK IS A LARGE DECK W/ LAKE VIEWS! DOWN THE HALL IS A SPACIOUS LAUNDRY ROOM W/ DROP ZONE & MUD SINK. THE MASTER BEDROOM FEATURES A WALK-IN CLOSET & A DELUXE BATHR W/ DOUBLE SINKS & A LARGE WALK-IN SHOWER. YOU WILL LOVE THE SPLIT BEDROOM CONCEPT W/ THE TWO OTHER AMPLE SIZED BEDROOMS BEING ON THE OPPOSITE SIDE OF THE HOME. UNFINISHED BASEMENT IS PLUMBED FOR FUTURE BATH & OFFERS PLENTY OF SPACE FOR STORAGE OR TO ADD SQUARE FOOTAGE. TOO MANY FEATURES TO MENTION! MUST SEE!

Last Agent to Sell the Property

Janell Schmittling

Homes By Janell License #471.020450 Listed on: 02/24/2021

Last Buyer's Agent

Jessica Walden

Re/Max Alliance License #475130101

Re/Max Alliance

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2019

Lot Details

  • 0.33 Acre Lot
  • Corner Lot

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Craftsman Architecture
  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,816 Sq Ft Home
  • Built-in Bookshelves
  • Gas Fireplace
  • Pocket Doors
  • Sliding Doors
  • Panel Doors
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Water Views

Kitchen

  • Built-In Double Oven
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Unfinished Basement

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

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Ofallon Dist 90 Elementary And Middle School
  • Ofallon High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 03-13.0-202-030

Home Details

Home Type

Single Family

Year Built

Built in 2019

Lot Details

0

HOA Fees

$38 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Style: 1 Story
  • Style Description: Ranch
  • Municipality Township: Caseyville
  • Special Description: No Exemptions
  • Age: 2
  • Ownership: Private
  • Year Built: 2019
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Full, Roughed-In Bath, Unfinished, Walk-Out
  • Bedroom Types: Master Bdr. Suite
  • Dining Room: Kitchen/Dining Combo
  • Fireplace Location: Family Room
  • Fireplace Type: Gas
  • Interior Amenities: Built-In Bookcases, Walk-In Closets
  • Kitchen: Center Island
  • Main Level Bedrooms: 3
  • Main Full Bathrooms: 2
  • Master Bed.: Double Sink, Shower Only
  • Misc Features: Deck, Porch-Covered
  • Total Living Area: 1816.00
  • Windows/Doors: Panel Door(s), Pocket Door(s), Sliding Glass Doors
  • Appliances: Dishwasher, Disposal, Double Oven, Microwave, Range/Oven-Gas, Refrigerator, Stainless Steel Appliances, Wall Oven
  • Bathrooms: 2.00
  • Bedrooms: 3.00
  • Room Cnt: 8
  • Square Footage: 1816
  • Total Full Baths: 2
  • Number Fireplaces: 1

Exterior Features

  • Architecture: Craftsman
  • Construction: Vinyl Siding

Garage/Parking

  • Garage Spaces: 3
  • Parking: Attached Garage, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Association Fee: 450
  • Association Fee Frequency: Yearly

Schools

  • School District: O Fallon DIST 90
  • Elementary School: OFALLON DIST 90
  • Middle School: OFALLON DIST 90
  • High School: OFallon
  • Elementary School: OFALLON DIST 90
  • Junior High School: OFALLON DIST 90
  • School District: O Fallon DIST 90
  • Senior High School: OFallon

Lot Info

  • Lot Description: Corner Lot, Water View
  • Lot Dimensions: .329
  • Lot Sq Ft: 14349
  • Acres: 0.3294

Tax Info

  • Taxes Paid: 8039
  • Taxes Paid Year: 2019
  • Assessor Parcel Number: 03-13.0-202-030

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
Apr 7, 2021
Sold by
Deschesne Melanie and Kilper David
Bought by
Walling Jonathan N
Seller's Agent
Janell Schmittling
Homes By Janell
Buyer's Agent
Jessica Walden
Re/Max Alliance
List Price
$384,900
Sold Price
$380,000
Premium/Discount to List
-$4,900
-1.27%
Current Estimated Value
$531,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,310
Avg. Annual Appreciation
7.26%
Original Mortgage
$377,890
Outstanding Balance
$344,862
Interest Rate
3%
Mortgage Type
VA
Estimated Equity
$171,217

Purchase Details

Closed on
Aug 8, 2019
Sold by
Deschesne Melanie
Bought by
Deschesne Melanie and Kilper David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2019
Sold by
Huntington Chase Homes Corp
Bought by
Deschesne Melanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,624
Interest Rate
4.87%
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
Walling Jonathan N $380,000 Community Title Shiloh Llc
Deschesne Melanie -- Community Title Shiloh Llc
Deschesne Melanie $325,000 Advanced Title Solutions Inc
Huntington Chase Homes Corporation $54,500 Advanced Title Solutions Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walling Jonathan N $377,890
Previous Owner Kilper Melanie $316,500
Previous Owner Deschesne Melanie $311,000
Previous Owner Reserves Of Timber Ridge Llc $50,000
Previous Owner Deschesne Melanie $308,624
Previous Owner Reseves Of Timber Ridge Llc $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2021 04/07/21 Sold $380,000 -1.3% $209 / Sq Ft
02/24/2021 02/24/21 For Sale $384,900 -- $212 / 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 -- $122,597 $24,886 $97,711
2022 $0 $118,913 $22,877 $96,036
2021 $2,930 $112,863 $21,713 $91,150
2020 $7,971 $97,445 $20,567 $76,878
2019 $8,039 $100,504 $19,333 $81,171
2018 $28 $342 $342 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS21011283

MARIS MLS

APN: 03-13-0-202-030