See Home Value
Monroe 62298
7308 Covered Bridge Drive
$483,649*
House - Off Market

7308 Covered Bridge Drive

Waterloo, IL 62298
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3500 Sqft
$396,000 - $482,000
Reference Base Price*
10.17%
Since Jan 1, 2022
National-US
Primary Model
Sold Jan 18, 2022
$460,000
$460,000 by Federal Savings Bank
Mortgage Due Feb 01, 2052
Sold Mar 11, 2020
$350,000
$359,492 by Navy Federal Credit Union
Mortgage Due Apr 01, 2050

About This Property

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.

The manager has listed the unit size as 3500 square feet.
Unit Size
3,500Ft²
Days on Market
-
Land Size
2.50 acres
Price per sqft
$125
Property Type
House
Property Taxes
$464
HOA Dues
$350
Year Built
1993

Price History

Date / Event Date Event Price
Jan 18, 2022 Sold to Johnny L Peddicord $460,000
Sold to Johnny L Peddicord
Dec 17, 2021 No longer available -
No longer available
Dec 14, 2021 Listed $439,000
Listed
Mar 11, 2020 Sold to Charles T Davis, Lauren E D... $350,000
Sold to Charles T Davis, Lauren E D...
Jan 29, 2020 No longer available -
No longer available
Show More

Property Highlights

Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Bedroom Count: 3
  • Bathroom Count: 5
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Good
  • Building Quality: C+
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Floor Count: 2
  • Basement Type: Finished improved basement
  • Basement Area: 1,100
  • Parking Type: Offsite
  • Garage Type: Garage
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 108,900
  • Total Building Area: 1,632
  • Building Area: 1,632
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,632
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COVERED BRIDGE ESTATES
  • Land Acres: 2.5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 7 COVERED BRIDGE ESTATES

Ownership

  • Current Owner : PEDDICORD JOHNNY L
  • Previous Owner : DAVIS CHARLES T
  • Previous Owner 2: DAVIS LAUREN E
  • Owner Before Previous Owner: TIMOTHY R BENNETT TRUST
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Waterloo Community Unit School District 5
  • School Tax School District: WATERLOO FIRE
  • School Tax District Code 2: BELLEVILLE-522
  • School Tax District Code 3: ROAD TWN 2-9
  • Census Tract: 600401

Zoning

  • Zoning: MA2

Geography

  • Parcel: 08-20-281-017-000
  • Lot: 7
  • Meridian: SEC 20 TWN 02S RNG 09W
  • Municipality: TWN 08 - T2S R9W
  • Latitude: 38.3448
  • Longitude: -90.111

    Address

  • Full Address: 7308 Covered Bridge Dr
  • Address - House Number: 7308
  • Address - Street Name: Covered Bridge
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Waterloo
  • Carrier Code: R003
  • 4-Digit Zip Code: 3152
  • Zip Code: 62298

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 08002

    Appraisal Valuation

  • Standard Deviation: 0.1743
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 77
  • Final Value: 449,968
  • High Value: 528,437
  • Low Value: 371,498

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $460,000
  • First Open Lien Mortgage Lender: FEDERAL SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Jan 18, 2022
  • First Open Lien Mortgage Loan Amount: $460,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $305,670
  • Market Land Value: $49,740
  • Market Improvement Value: $255,930

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $101,890
  • Assessed Land Value: $16,580
  • Assessed Improvements Value: $85,310

    Exemptions

  • Disabled Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 18, 2022
  • Current Sale Recording Date: Jan 18, 2022
  • Current Sale Transaction ID: 11879936463
  • Current Sale Price: $460,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 422153
  • Previous Sale Recording Date: Mar 11, 2020
  • Previous Sale Contract Date: Mar 10, 2020
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: FEDERAL SAVINGS BANK
  • First Mortgage Transaction Date: Jan 18, 2022
  • First Mortgage Loan Amount: $460,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Feb 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: NAVY FEDERAL CREDIT UNION
  • Previous Mortgage Transaction Date: Mar 11, 2020
  • Previous Mortgage Loan Amount: $359,492
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Apr 01, 2050



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2.5 Baths
2,234 ft²
$199/ft²
$444,000 May 12, 2023
-
-
House
3 Beds
2 Baths
2,005 ft²
$214/ft²
$430,000 Jun 19, 2023
-
$3/mo

About Monroe


Similar Homes for Sale

Unit for sale at 818 Glenbriar Drive, Waterloo, IL 62298

$430,000

  • 3 Beds
  • 2 Baths
  • 2,005 ft²
818 Glenbriar Drive, Waterloo, IL 62298 Listing by Tammy Hines
Unit for sale at 814 Glenbriar Drive, Waterloo, IL 62298

$444,000

  • 4 Beds
  • 2.5 Baths
  • 2,234 ft²
814 Glenbriar Drive, Waterloo, IL 62298 Listing by Tammy Hines

Nearby Rentals

Unit for rent at 814 Cone Flower Drive, Waterloo, IL, 62298

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,750 ft²
814 Cone Flower Drive, Waterloo, IL, 62298 Listing by Kevin Wrigley


Frequently Asked Questions

When was property at 7308 Covered Bridge Drive built and last sold?
The property at 7308 Covered Bridge Drive was built in 1993 and last sold on Jan 18, 2022 for $460,000.
How much is this home worth?
The estimated value of the home located at 7308 Covered Bridge Drive is $443,156.
What are some comparable homes to 7308 Covered Bridge Drive?
There are currently no comparable homes to 7308 Covered Bridge Drive.

Quantcast