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For sale by owner
  • Price cut: $10K (10/25)
    $449,900

    505 Sterling Dr, Tolono, IL 61880

    4beds
    2,115sqft
    : 
    $2,843/mo
    Get pre-qualified
    SingleFamily
    Built in 2006
    0.29 Acres Lot
    $-- Zestimate®
    $213/sqft
    $16/mo HOA

    What's special

    Cozy gas-log fireplaceFenced-in yardVaulted ceilingsAttached deck
    Spacious 4-Bedroom Home with 3-Car Garage, Screened-In Porch & Pool! Welcome to this well-kept, 4-bedroom, 2.5-bath home offering a wonderful combination of comfort, functionality, and space to enjoy both indoors and out! The home features vaulted ceilings and a cozy gas-log fireplace, creating an inviting atmosphere in the main living area. The main-floor master suite offers a full bathroom and walk-in closet, providing convenience and privacy. An additional front room offers flexible space that can be used as a home office, formal dining room, or whatever best suits your needs. Enjoy outdoor living in the fenced-in yard, featuring a 15' x 30' above-ground pool installed in 2023 and an attached deck—perfect for relaxing and entertaining. The spacious 19' x 20' screened-in porch, built in 2017, provides even more room to enjoy the outdoors while staying protected from the elements. The 3-car garage offers plenty of room for vehicles, hobbies, and projects, and includes a mini-split heat and air-conditioning system for added comfort. The unfinished basement provides an abundance of additional possibilities and is currently used as a workshop, storage area, home gym, and gaming/entertainment space. It is roughed in for an additional full bathroom and already has a radon mitigation system installed. The basement also features two electric sump pumps and an additional water backup system. There have been no basement water issues during their 10 years of ownership. Outside the home, the downspout extensions connected to drainage tile with pop-up outlets provide additional water management to help keep that basement dry. Located in the desirable Unit 7 school district, this property offers flexible living spaces, excellent garage and basement utility, and appealing outdoor amenities. This home is 1 block from the Unit 7 school bus pick up spot and includes busing to St. Thomas in Philo. If you're looking for a well-maintained home with generous living space, versatile areas for hobbies and entertaining, and inviting outdoor amenities, this property is one to see! Not pictured: 3rd upstairs bedroom currently used as office/music room, 1st floor bonus room, basement, garage.
    27 days
    1,663
    42
    Listed by:

    Property Owner (217) 202-5717

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 2
      • 1/2 bathrooms: 1
      Heating
      • Forced air, Gas
      Cooling
      • Central
      Appliances
      • Included: Dishwasher, Dryer, Freezer, Microwave, Range / Oven, Refrigerator, Washer
      Features
      • Flooring: Tile, Carpet, Concrete, Hardwood, Laminate
      • Basement: Unfinished
      • Has fireplace: Yes
      Interior area
      • Total interior livable area: 2,115 sqft

      Property

      Parking
      • Parking features: Garage - Attached, Off-street, On-street
      Features
      • Exterior features: Vinyl
      Lot
      • Size: 0.29 Acres
      Details
      • Parcel number: 292626259012

      Construction

      Type & style
      • Home type: SingleFamily
      Materials
      • wood frame
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 2006

      Community & HOA

      HOA
      • Has HOA: Yes
      • HOA fee: $16 monthly
      Location
      • Region: Tolono

      Financial & listing details

      • Price per square foot: $213/sqft
      • Tax assessed value: $340,410
      • Annual tax amount: $6,440
      • Date on market: 10/10/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,794/mo

        Price history

        DateEventPrice
        10/25/2026Price change$449,900-2.2%$213/sqft
        Source: Owner Report a problem
        10/10/2026Listed for sale$459,900+114%$217/sqft
        Source: Owner Report a problem
        5/26/2008Listing removed$214,900+0.2%$102/sqft
        Source: NCI #2076190 Report a problem
        2/8/2008Sold$214,500-0.2%$101/sqft
        Source: MRED as distributed by MLS GRID #09419463 Report a problem
        2/1/2008Listed for sale$214,900+0.2%$102/sqft
        Source: NCI #2076190 Report a problem
        10/16/2006Sold$214,500$101/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,440 +3.9%$113,470 +8.1%
        2024$6,200 +6.1%$104,970 +7.7%
        2023$5,842 +13.3%$97,460 +7.6%
        2022$5,157 +5.1%$90,580 +5.4%
        2021$4,909 +1.3%$85,940 +2.3%
        2020$4,848 -5.2%$84,010 +1.4%
        2019$5,115 $82,850 +6.6%
        2018$5,115 -0.4%$77,720 +4.5%
        2017$5,136 +3.1%$74,370 +4.6%
        2016$4,984 $71,100 +3.7%
        2015$4,984 +0.2%$68,570 -1.6%
        2014$4,973 +2.1%$69,690
        2013$4,871 +1.2%$69,690
        2012$4,812 +1.3%$69,690 -2.5%
        2011$4,748 +1.8%$71,480
        2010$4,663 $71,480
        2009-- $71,480 -8.3%
        2008-- $77,980 +3.9%
        2007$5,151 +481%$75,060 +546%
        2006$887 $11,620
        2005-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 61880

        Getting around

        26 / 100
        Car-Dependent
        36 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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