Welcome to small-town charm in Philo! Built in 1994, this well-maintained three-bedroom home offers comfortable living in a community known for its excellent school system. Step inside to a spacious living room with vaulted ceilings and a cozy corner fireplace, perfect for relaxing evenings. The open layout flows into the dining area and the galley-style kitchen, complete with all appliances. Just off the kitchen, you'll find a convenient laundry room with mechanicals nearby for easy access. The primary suite includes its own half bath and a walk-in closet, while the full hall bath and linen closet serve the additional bedrooms. Outside, enjoy a large pie-shaped lot with plenty of room to spread out, a deck for entertaining, and a handy storage shed. Recent updates provide peace of mind, including a roof replaced about three years ago, a furnace installed approximately two years ago, and a newer washing machine. Tucked away on a quiet cul-de-sac, this home offers peace, privacy, and space to grow-all within minutes of Champaign-Urbana amenities.
Closed
$208,750
502 Ridge Rd, Philo, IL 61864
3beds
1,317sqft
Single Family Residence
Built in 1994
-- sqft lot
$212,300 Zestimate®
$159/sqft
$1,846 Estimated rent
Home value
$212,300
$191,000 - $236,000
$1,846/mo
Zestimate® history
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List your homeWhat's special
Cozy corner fireplacePrimary suiteOpen layoutGalley-style kitchenVaulted ceilingsAll appliancesLarge pie-shaped lot
Zillow last checked:
Listing updated:
Listed by:
Barbara Gallivan (217)202-5999,
KELLER WILLIAMS-TREC
Bought with:
Lisa Rector
KELLER WILLIAMS-TREC
Source: MRED as distributed by MLS GRID,MLS#: 12465975
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Rooms
- Room types: Walk In Closet
Primary bedroom
- Features: Flooring (Carpet), Bathroom (Half)
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13X11
Bedroom 2
- Features: Flooring (Wood Laminate)
- Level: Main
- Area: 130 Square Feet
- Dimensions: 10X13
Bedroom 3
- Features: Flooring (Carpet)
- Level: Main
- Area: 110 Square Feet
- Dimensions: 11X10
Dining room
- Features: Flooring (Carpet)
- Level: Main
- Area: 144 Square Feet
- Dimensions: 16X9
Kitchen
- Features: Kitchen (Galley), Flooring (Wood Laminate)
- Level: Main
- Area: 90 Square Feet
- Dimensions: 10X9
Laundry
- Features: Flooring (Ceramic Tile)
- Level: Main
- Area: 40 Square Feet
- Dimensions: 5X8
Living room
- Features: Flooring (Carpet)
- Level: Main
- Area: 372 Square Feet
- Dimensions: 31X12
Walk in closet
- Level: Main
- Area: 16 Square Feet
- Dimensions: 4X4
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Microwave, Dishwasher, Refrigerator, Disposal
Features
- Cathedral Ceiling(s)
- Windows: Skylight(s)
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Gas Log, Living Room
Interior area
- Total structure area: 1,317
- Total interior livable area: 1,317 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Concrete, Gravel, Garage Door Opener, On Site, Garage Owned, Attached, Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 1
- Patio & porch: Deck
- Fencing: Fenced
Lot
- Dimensions: 41X178X170X108
- Features: Cul-De-Sac
Details
- Additional structures: Shed(s)
- Parcel number: 192723451031
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding
- Foundation: Block
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1994
Utilities & green energy
- Electric: 200+ Amp Service
- Sewer: Septic Tank
- Water: Public
Community & HOA
Community
- Features: Street Paved
- Subdivision: Shipley Estates
HOA
- Services included: None
Location
- Region: Philo
Financial & listing details
- Price per square foot: $159/sqft
- Tax assessed value: $204,450
- Annual tax amount: $3,422
- Date on market: 9/10/2025
- Listing terms: FHA
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 10/28/2025 | Sold | $208,750-1.8%$159/sqft |
Source:  MRED as distributed by MLS GRID #12465975 Report a problem | ||
| 9/29/2025 | Contingent | $212,500$161/sqft |
Source: MRED as distributed by MLS GRID #12465975 Report a problem | ||
| 9/18/2025 | Price change | $212,500-5.6%$161/sqft |
Source: MRED as distributed by MLS GRID #12465975 Report a problem | ||
| 9/10/2025 | Listed for sale | $225,000+73.2%$171/sqft |
Source: MRED as distributed by MLS GRID #12465975 Report a problem | ||
| 10/14/2011 | Sold | $129,900$99/sqft |
Source: MRED as distributed by MLS GRID #09421632 Report a problem | ||
| 8/13/2011 | Price change | $129,900-2.3%$99/sqft |
Source: Keller Williams Realty - The Real Estate Center of Illinois, LLC. #2113143 Report a problem | ||
| 7/26/2011 | Price change | $132,900-3.6%$101/sqft |
Source: Keller Williams Realty - The Real Estate Center of Illinois, LLC. #2113143 Report a problem | ||
| 6/21/2011 | Listed for sale | $137,900-4.2%$105/sqft |
Source: Keller Williams Realty - The Real Estate Center of Illinois, LLC. #2113143 Report a problem | ||
| 2/23/2011 | Listing removed | $143,900$109/sqft |
Source: Champaign County Realty #2104912 Report a problem | ||
| 10/9/2010 | Listed for sale | $143,900+8.2%$109/sqft |
Source: Champaign County Realty #2104912 Report a problem | ||
| 7/3/2008 | Sold | $133,000+7.3%$101/sqft |
Source: Public Record Report a problem | ||
| 12/20/2004 | Sold | $124,000$94/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,422 +5.9% | $68,150 +7.9% |
| 2023 | $3,230 +4.9% | $63,160 +6.5% |
| 2022 | $3,079 +5.1% | $59,310 +5.3% |
| 2021 | $2,929 +1.2% | $56,330 +2.2% |
| 2020 | $2,895 -9.5% | $55,120 +4.5% |
| 2019 | $3,197 | $52,750 +3.5% |
| 2018 | $3,197 +0.5% | $50,970 +5.1% |
| 2017 | $3,182 +2.7% | $48,490 +3.9% |
| 2016 | $3,098 | $46,670 +2.6% |
| 2015 | $3,098 +3% | $45,490 +1.9% |
| 2014 | $3,009 -0.7% | $44,640 |
| 2013 | $3,031 +0.9% | $44,640 |
| 2012 | $3,003 +3.2% | $44,640 |
| 2011 | $2,911 -0.4% | $44,640 -1.2% |
| 2010 | $2,922 | $45,180 |
| 2009 | -- | $45,180 +1% |
| 2008 | -- | $44,730 +5.2% |
| 2007 | $2,919 +3% | $42,520 +6.3% |
| 2006 | $2,835 +3.5% | $40,000 +6.2% |
| 2005 | $2,740 -9.2% | $37,670 +8.1% |
| 2004 | $3,017 +4.2% | $34,850 |
| 2003 | $2,894 +6% | $34,850 +5.8% |
| 2002 | $2,731 +19.1% | $32,940 +4.2% |
| 2001 | $2,294 +12.4% | $31,610 +11.3% |
| 2000 | $2,041 | $28,400 |
Find assessor info on the county website
Neighborhood: 61864
Nearby homes
- $275,200-- bd2 ba1.4k sqft501 Ridge Rd, Philo, IL 61864Off Market
- $196,500-- bd1 ba960 sqft505 Valley View Dr, Philo, IL 61864Off Market
- $231,800-- bd2 ba1.1k sqft504 Ridge Rd, Philo, IL 61864Off Market
- $205,000-- bd1 ba1k sqft503 Valley View Dr, Philo, IL 61864Off Market
- $220,500-- bd1 ba-- sqft507 Valley View Dr, Philo, IL 61864Off Market
- $245,6003 bd2 ba1.2k sqft503 Ridge Rd, Philo, IL 61864Off Market
- $234,500-- bd2 ba1k sqft710 S Cleveland St, Philo, IL 61864Off Market
- $236,5003 bd2 ba1.5k sqft802 S Cleveland St, Philo, IL 61864Off Market
Nearby schools
GreatSchools rating
- 7/10Unity EastGrades: PK-5Distance: 2 mi
- 5/10Unity Jr High SchoolGrades: 6-8Distance: 5.3 mi
- 3/10Unity High SchoolGrades: 9-12Distance: 5.3 mi
Schools provided by the listing agent
- Elementary: Unity West Elementary School
- Middle: Unity Junior High School
- High: Unity High School
- District: 7
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Illinois
- Champaign County
- Philo
- 61864
- 502 Ridge Rd
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