502 Ridge Rd
Philo, IL 61864
- 3 Beds
- 1.5 Baths
- 1,317 sqft
$208,750
Last Sold: Oct 28, 2025
2% below list $213K
$159/sqft
Est. Refi. Payment $1,520/mo*
$208,750
Last Sold: Oct 28, 2025
2% below list $213K
$159/sqft
Est. Refi. Payment $1,520/mo*
3 Beds
1.5 Baths
1,317 sqft
Home Value
Trulia Estimate
$212KSince last month
Decreased$2K (-1.1%)Since last year
Decreased$30K (-12.5%)Since last sale
Increased$4K (+1.7%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +53% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $212K |
| July 2026 | $213K |
| June 2026 | $215K |
| May 2026 | $216K |
| April 2026 | $215K |
| March 2026 | $214K |
| February 2026 | $215K |
| January 2026 | $213K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.08 | Single-Family Home | $175,000 | 03/06/26 | 3 | 1 | 1,050 | |
0.22 | Single-Family Home | $195,000 | 03/27/26 | 4 | 1.5 | 1,246 | |
0.16 | Single-Family Home | $266,000 | 03/18/26 | 5 | 2.5 | 2,108 | |
0.92 | Single-Family Home | $139,900 | 04/23/26 | 3 | 2 | 1,152 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | $266,200 | 3 | 2 | 1,512 | Off Market | |
0.06 | - | 3 | 2 | 1,834 | Off Market | |
0.06 | $203,400 | 3 | 1 | 1,059 | Off Market | |
0.08 | $175,000 | 3 | 1 | 1,050 | Recently Sold | |
0.11 | $446,200 | 4 | 3.5 | 2,758 | Off Market | |
0.13 | $303,100 | 4 | 2 | 1,920 | Off Market | |
0.16 | $266,000 | 5 | 2.5 | 2,108 | Recently Sold | |
0.20 | $270,900 | 4 | 2 | 1,765 | Off Market | |
0.22 | $195,000 | 4 | 1.5 | 1,246 | Recently Sold | |
0.23 | $315,000 | 3 | 2.5 | 2,159 | Recently Sold | |
0.25 | $296,100 | 3 | 2.5 | 1,734 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1994
Living Area
1,317 sqft
Price/Sqft
$159/sqft
Parking
2 Car Garage
HOA
None
About this House
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.
502 Ridge Rd, Philo, IL 61864 is a 3 bedroom, 2 bathroom, 1,317 sqft single-family home built in 1994. It last sold for $208,750 on Oct 28, 2025 (2% below the $212,500 asking price). It is currently off market. The Trulia Estimate is $212,300, with a rent estimate of $1,766/month.
Home Details for 502 Ridge Rd
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MLS Status: Closed |
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Interior Details Basement: Crawl SpaceNumber of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Laundry, Living Room, Walk In Closet |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 1317 Square Feet |
Appliances & Utilities Appliances: Range, Microwave, Dishwasher, Refrigerator, DisposalDishwasherDisposalMicrowaveRefrigerator |
Heating & Cooling Heating: Natural Gas,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas |
Fireplace & Spa Number of Fireplaces: 1Fireplace: Gas Log, Living RoomHas a FireplaceNo Spa |
Gas & Electric Electric: 200+ Amp Service |
Windows, Doors, Floors & Walls Window: Skylight(s) |
Levels, Entrance, & Accessibility Stories: 1Accessibility: No Disability Access |
View No View |
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Exterior Home Features Roof: AsphaltPatio / Porch: DeckFencing: FencedOther Structures: Shed(s)Foundation: Block |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Concrete,Gravel,Garage Door Opener,On Site,Garage Owned,Attached,Garage |
Frontage Not on Waterfront |
Water & Sewer Sewer: Septic Tank |
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Year Built Year Built: 1994 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Ranch |
Building Construction Materials: Brick, Vinyl SidingNot a New Construction |
Property Information Parcel Number: 192723451031 |
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Price List Price: $212,500Price Per Sqft: $159/sqft |
Status Change & Dates Off Market Date: Sun Sep 28 2025Possession Timing: Close Of Escrow |
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Direction & Address City: PhiloCommunity: Shipley Estates |
School Information Elementary School: Unity West Elementary SchoolElementary School District: 7Jr High / Middle School: Unity Junior High SchoolJr High / Middle School District: 7High School: Unity High SchoolHigh School District: 7 |
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Buyer Agent Buyer Company Name: The Lisa Rector Team |
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Building Area Building Area: 1317 Square Feet |
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Community Features: Street Paved |
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HOA Fee Includes: None |
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Special Conditions: None |
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Listing Terms: FHA |
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Business Information Ownership: Fee Simple |
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BasementMls Number: 12465975Attribution Contact: (217) 202-5999Activation Date: Wed Sep 10 2025 |
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Street PavedMRD SHARE WITH CLIENTS: YesSource Internet Entire Listing DisplaySource Internet Address DisplayMRD REMARKSINTERNET: Yes |
Last check for updates: about 3 hours ago
Listed by Barbara Gallivan, (217) 202-5999
KELLER WILLIAMS-TREC
Bought with: Lisa Rector, (217) 778-3635, KELLER WILLIAMS-TREC
Source: MRED as distributed by MLS GRID, MLS#12465975

Price and Tax history
| Date | Event | Price |
|---|---|---|
Oct 28, 2025 Source: MRED as distributed by MLS GRID #12465975 | Sold | $208,750 |
Sep 29, 2025 Source: MRED as distributed by MLS GRID #12465975 | Contingent | $212,500 |
Sep 18, 2025 Source: MRED as distributed by MLS GRID #12465975 | PriceChange | $212,500 Price decreased by 6% |
Sep 10, 2025 Source: MRED as distributed by MLS GRID #12465975 | Listed For Sale | $225,000 |
Oct 14, 2011 Source: MRED as distributed by MLS GRID #09421632 | Sold | $129,900 |
Aug 13, 2011 Source: Agent Provided | PriceChange | $129,900 Price decreased by 2% |
Jul 26, 2011 Source: Agent Provided | PriceChange | $132,900 Price decreased by 4% |
Jun 21, 2011 Source: Agent Provided | Listed For Sale | $137,900 |
Feb 23, 2011 Source: Agent Provided | ListingRemoved | $143,900 |
Oct 9, 2010 Source: Agent Provided | Listed For Sale | $143,900 |
Jul 3, 2008 Source: N/A | Sold | $133,000 |
Dec 20, 2004 Source: N/A | Sold | $124,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $3,422 | $204,450 |
Home facts updated by county records
Market trends in Philo
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
—
Available listings
7
Around this home
What Locals Say about Philo
At least 2 Trulia users voted on each feature.
100 % Say parking is easy
100 % Say it's dog friendly
100 % Say kids play outside
100 % Say there's holiday spirit
100 % Say yards are well-kept
100 % Say people would walk alone at night
75 % Say it's walkable to restaurants
70 % Say neighbors are friendly
67 % Say car is needed
67 % Say there are community events
60 % Say they plan to stay for at least 5 years
60 % Say there's wildlife
50 % Say it's quiet
25 % Say streets are well-lit
Sourced by Trulia users. Learn more about our methodology.
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Off Market Homes Near 502 Ridge Rd
Frequently asked questions about 502 Ridge Rd
- What is 502 Ridge Rd estimated to be worth?Trulia's estimated value for 502 Ridge Rd in Philo, IL is $212,300.
- What is the price history for 502 Ridge Rd?502 Ridge Rd in Philo, IL last sold for $208,750 in October 2025.
- Is Philo a buyer's or seller's market?Philo is currently a balanced market, based on recent for-sale activity.
- What are the closest schools to 502 Ridge Rd?The closest schools to 502 Ridge Rd in Philo, IL are Unity East (Pre-K/Elementary, rated 7/10), Unity High School (rated 3/10), Unity Jr High School (rated 5/10).
- Does 502 Ridge Rd have air conditioning?Yes, 502 Ridge Rd in Philo, IL has air conditioning.
- Does 502 Ridge Rd have laundry facilities?Yes, 502 Ridge Rd in Philo, IL has laundry facilities.

Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information

