NOT LISTED FOR SALE

7308 Covered Bridge Dr Waterloo, IL 62298

Estimated Value: $506,000 - $620,000

4 Beds
3.5 Baths
3,400 Sq Ft
$161/Sq Ft Est. Value

Last Sold January 18, 2022

Last sale price $460,000 $135 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,463/month

24 Days on Market

Highlights

  • Water Views
  • Access To Lake
  • Deck
  • Rogers Elementary School Rated A-
  • Primary Bedroom Suite
  • Lake, Pond or Stream

About This Home

As of January 2022

BEAUTIFUL SETTING. Tucked away on a 2.5 acre wooded lot sits a 4BD, 3 ½ BA home w/ detached 2 car garage. Large wrap-around front porch, large deck w/ a fenced backyard that overlooks serene lake. This home features a lot of extras! GEO THERMAL HVAC, quartz countertops, stainless appliances, wood burning brick fireplace, vaulted ceilings. Dining rm has hardwood floors, bay window and beautiful built-in buffet cabinets. The spacious kitchen has loads of cabinet space w/ a breakfast room. The living rm has hardwood floors, lots of windows that provide natural light, a private office overlooking backyard and lake. Main level primary bedroom w/a large walk in -closet, double vanity, jacuzzi tub and separate shower. The second level overlooks the family rm w/ two oversized bedrooms and full bath. Easy access to the walkout and utility room. Fully finished basement-great space for a game room, family room, bedroom and full bath. READY TO MOVE IN.

Last Agent to Sell the Property

David Rusteberg

Century 21 Advantage License #475138623 Listed on: 12/14/2021

Century 21 Advantage

Last Buyer's Agent

Monica Schmidt

eXp Realty License #475172686

eXp Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

Lot Details

  • 2.5 Acre Lot
  • Backs to Trees or Woods

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • 1.5-Story Property
  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Bay Window
  • Six Panel Doors
  • Family Room with Fireplace
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Game Room
  • Partially Carpeted
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bedroom Suite
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Whirlpool Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • 9 Foot Basement Ceiling Height

Accessible Home Design

  • Accessible Pathway

Outdoor Features

  • Access To Lake
  • Lake, Pond or Stream
  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

  • Geothermal Heating and Cooling
  • Well
  • Electric Water Heater
  • Septic System

Listing and Financial Details

  • Assessor Parcel Number 08-20-281-017-000

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

0

HOA Fees

$29 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Style: 1.5 Story
  • Style Description: Ranch
  • Cross Street: Floraville Rd
  • Municipality Township: Waterloo
  • Special Areas: Bonus Room, Game Room, Main Floor Laundry
  • Special Description: Owner Occupied
  • Age: 29
  • Ownership: Private
  • Year Built: 1993
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: 9 ft + pour, Walk-Out
  • Bedroom Types: Divided Bdr Flr Plan, Main Floor Master, Master Bdr. Suite
  • Dining Room: Kitchen/Dining Combo
  • Fireplace Location: Family Room
  • Fireplace Type: Woodburning Fireplce
  • Interior Amenities: 9' Ceilings, Some Carpeting, Vaulted Ceiling, Walk-In Closets, Some Wood Floors
  • Kitchen: Butler Pantry, Eat-In Kitchen, Solid Surface Counter, 34" or lower countertops
  • Lower Level Bedrooms: 1
  • Lower Full Bathrooms: 1
  • Main Level Bedrooms: 1
  • Main Full Bathrooms: 1
  • Main Half Bathrooms: 1
  • Master Bed.: Full Bath, Tub & Separate Shwr, Whirlpool & Sep Shwr
  • Misc Features: Deck, Lake Access, Porch-Covered
  • Total Living Area: 3400.00
  • Windows/Doors: 6 Panel Door(s), Bay/Bow Window, Skylight(s)
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven-Electric, Refrigerator, Stainless Steel Appliances, Washer
  • Bathrooms: 4.00
  • Bedrooms: 4.00
  • Room Cnt: 17
  • Square Footage: 2353
  • Square Footage Below Grade: 1147
  • Total Full Baths: 3
  • Total Half Baths: 1
  • Number Fireplaces: 1

Exterior Features

  • Architecture: Traditional
  • Construction: Brick Veneer Predom, Vinyl Siding

Garage/Parking

  • Garage Size: 24x24
  • Garage Spaces: 2
  • Parking: Accessible Route to Entry, Detached, Garage Door Opener, Off Street

Utilities

  • Sewer: Septic
  • Water: Well
  • Water Heater: Electric
  • Cooling: Geothermal
  • Heating: Geothermal

Condo/Co-op/Association

  • Association Fee: 350
  • 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, Pond/Lake, Water View
  • Lot Dimensions: 2.5 ac
  • Lot Sq Ft: 108900
  • Acres: 2.5000

Tax Info

  • Taxes Paid: 5564
  • Taxes Paid Year: 2020
  • Assessor Parcel Number: 08-20-281-017-000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2021
Closed on
Jan 18, 2022
Sold by
Davis Charles T and Davis Lauren E
Bought by
Peddicord Johnny L
Seller's Agent
David Rusteberg
Century 21 Advantage
Buyer's Agent
Monica Schmidt
eXp Realty
List Price
$439,000
Sold Price
$460,000
Premium/Discount to List
$21,000
4.78%
Current Estimated Value
$546,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,477
Avg. Annual Appreciation
4.69%
Original Mortgage
$460,000
Outstanding Balance
$421,911
Interest Rate
2.75%
Mortgage Type
VA
Estimated Equity
$124,566

Purchase Details

Listed on
Jan 18, 2020
Closed on
Mar 10, 2020
Sold by
Timothy R Bennett Trust
Bought by
Davis Charles T and Davis Lauren E
Seller's Agent
Lisa Meegan
eXp Realty
Buyer's Agent
David Rusteberg
Century 21 Advantage
List Price
$349,900
Sold Price
$350,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.83%
Original Mortgage
$359,492
Interest Rate
3.38%
Mortgage Type
VA
Source: Public Records

Range of Values:

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Average Value
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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
Peddicord Johnny L $460,000 Crowder & Scoggins Ltd
Davis Charles T $350,000 Monroe County Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peddicord Johnny L $460,000
Previous Owner Davis Charles T $359,492
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/18/2022 01/18/22 Sold $460,000 +4.8% $135 / Sq Ft
01/08/2022 01/08/22 Pending -- -- --
12/14/2021 12/14/21 For Sale $439,000 +25.4% $129 / Sq Ft
03/10/2020 03/10/20 Sold $350,000 0.0% $103 / Sq Ft View Prior Sale
01/18/2020 01/18/20 For Sale $349,900 -- $103 / 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
2024 -- $130,734 $17,510 $113,224
2023 -- $120,120 $16,580 $103,540
2022 $5,913 $101,890 $16,580 $85,310
2021 $5,913 $98,310 $16,580 $81,730
2020 $5,565 $90,280 $16,580 $73,700
2019 $2,845 $91,160 $16,580 $74,580
2018 $5,934 $92,100 $16,580 $75,520
2017 $5,811 $94,572 $16,878 $77,694
2016 $0 $93,300 $17,690 $75,610
2015 $5,437 $88,960 $13,430 $75,530
2014 $5,826 $98,330 $13,430 $84,900
2012 -- $98,330 $13,430 $84,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS21086654

MARIS MLS

APN: 08-20-281-017-000