951 Forbs Dr, Waterloo, IL, 62298
About This Home
New construction home in the desirable Quail Ridge subdivision, located directly across from Mystic Oak Golf Course. This ranch-style home offers approximately 1,731 sq ft with a split-bedroom floor plan, 3 bedrooms, and 2 full baths. The main living area features an open layout with Coretec LVP flooring and an upgraded electric fireplace with mantel. The kitchen includes quartz countertops, a GE appliance package, and ample cabinetry. The primary suite offers a spacious layout with a large walk-in closet and a private bath featuring a full tile shower and ceramic flooring. Additional features include a full unfinished basement with bathroom rough-in, 9’ ceilings, 92% high-efficiency HVAC system, and all wood shelving throughout. Exterior highlights include an oversized covered patio, stamped concrete, corner lot, and side-entry garage. Located in a well-established HOA community offering amenities including a clubhouse, fishing lakes, swimming pool, and sidewalks.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- New construction: Yes
- Year built: 2026
Materials
- Roof: Architectural Shingle
- Construction materials: Brick Veneer,Concrete,Vinyl Siding
Other
- Builder name: Jason Schmidt Construction
Type & Style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Microwave,Electric Range,Refrigerator
- Laundry features: Main Level
Basement
- Has basement: Yes
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Features
- Ceiling Fan(s),Open Floorplan,Pantry,Shower,Walk-In Closet(s)
- Number of fireplaces: 1
- Fireplace features: Electric
- Fireplace: Yes
- Finished area above ground: 1,731
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total interior livable area: 1,731 sqft
Property
Details
- Parcel number: 0817382111000
- Special condition: Standard
Features
- Levels: One
- Patio & porch: Covered,Patio
- Frontage length: 80 feet
Lot
- Lot size: 0.27 Acres
- Features: Corner Lot
- Lot size dimensions: 0.27 Acres
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Strong Wind
- Tornado
- Cold Wave
- Earthquake
- Hail
- Lightning
- Winter Weather
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters Across Illinois Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,272 | $27,264 |
| Home Insurance * | $266 | $3,192 |
| Property Taxes | $546 | $6,552 |
| Electricity | $133 | $1,597 |
| Total | $3,217 | $38,604 |
Income You'd Need if You Spent...
Illinois FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-17 | Listed for sale | $449,500 |
| 2025-10-31 | Sold | $60,500 |
View on Zillow