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7308 Covered Bridge Dr

Waterloo, IL 62298

4 bd 4 ba 3,400 sqft Built 1993 Lot 108,900 sqft single_family
Most recent sale
$460,000
Jan 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 19, 2022 Listed $439,000 MLS #21086654
Jan 18, 2022 Sold $460,000 MLS #21086654
Dec 14, 2021 Listed $439,000 MLS #21086654
May 4, 2020 Listing removed $359,900 MARIS
Mar 10, 2020 Sold $350,000 MLS #20002826
Jan 18, 2020 Listed $349,900 MLS #20002826
May 1, 1993 Sold $35,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $119,080 $16,580 $135,660 $5,913
2023 $113,224 $17,510 $130,734 $5,913
2022 $85,310 $16,580 $101,890 $5,913
2021 $81,730 $16,580 $98,310 $5,913
2020 $73,700 $16,580 $90,280 $5,565
2019 $74,580 $16,580 $91,160 $2,845
2018 $75,520 $16,580 $92,100 $5,934
2017 $77,694 $16,878 $94,572 $5,811
2016 $75,610 $17,690 $93,300 $5,778
2015 $75,530 $13,430 $88,960 $5,437
2014 $84,900 $13,430 $98,330 $5,826
2013 $84,900 $13,430 $98,330 $5,821
2012 $84,900 $13,430 $98,330 $5,789
2011 $84,900 $13,430 $98,330 $5,807
2010 $94,070 $13,430 $107,500 $6,540
2009 $94,070 $13,430 $107,500 $6,329
2008 $94,070 $13,430 $107,500 $5,973
2007 $106,160 $13,430 $119,590 $6,710
2006 $85,410 $13,790 $99,200 $5,547

Property facts

Year built
1993
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
3,400 sqft
Lot size
108,900 sqft
ZIP code
62298
City
Waterloo
Street
Covered Bridge Dr
Coordinates
38.34520, -90.11092

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,760
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 7308 Covered Bridge Dr last sell?
7308 Covered Bridge Dr most recently sold on Jan 18, 2022 for $460,000.
What is the current tax assessment for 7308 Covered Bridge Dr?
The most recent total assessment for 7308 Covered Bridge Dr (year 2024) is $135,660 with $5,913 in property tax.
How does 7308 Covered Bridge Dr's assessment compare to its last sale price?
The current assessment is 70.5% below the last sale price of $460,000.
When was 7308 Covered Bridge Dr built?
7308 Covered Bridge Dr was built in 1993.
How does 7308 Covered Bridge Dr compare to others on Covered Bridge Dr?
We track 8 other properties on Covered Bridge Dr. Browse the list under "Other properties on Covered Bridge Dr" to compare beds, baths, and sale history.
What are the property facts for 7308 Covered Bridge Dr?
7308 Covered Bridge Dr is a 4 bed, 4 bath, 3,400 sqft, 108,900 sqft lot single_family.
Is 7308 Covered Bridge Dr a flip candidate?
Yes — 7308 Covered Bridge Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 7308 Covered Bridge Dr a tax-appeal candidate?
No — 7308 Covered Bridge Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.1%
Implied 1-yr
+8.2%
2026 Q3
$366.5K
2026 Q4
$373.2K
ZIP 62298 — Median Price History + Forecast

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