NOT LISTED FOR SALE

577 Legacy Dr Waterloo, IL 62298

Estimated Value: $66,000

0.5 Acre
$132,000 Price per Acre
21,780 Sq Ft Lot

Last Sold January 24, 2025

Last sale price $58,880

Est. 12% increase in value since last sale

Current estimated payment $363/month

323 Days on Market

About This Lot

As of January 2025

This new subdivision in Waterloo, Illinois is a perfect place for your new custom-built home.The first phase of this subdivision will boast 36 lots ranging in sq footage from .34 acres to .71 acres.Located close to the town center, this subdivision is nestled away from busy streets and crowds, making it a great place to call home. Known as the Legacy subdivision, it is situated on Legacy Drive, just off Hamacher Street. It is only a 5-minute drive from Waterloo Square and a short 5-7 minutes from the local Junior and Elementary schools. If you're a golfer, you'll be happy to know that the subdivision is located next to the Mystic Golf Course.Bring your own approved builder.Owner must complete a 5' street sidewalk at the time of construction. Must be maintained for three years from the sale.$3000 deposit and $600 fee are required for the building approval process.Prices are subject to change without notice and all verbal holds are valid for 14 days.

Last Agent to Sell the Property

Sarah Jenkins

Keller Williams Pinnacle License #475.193205 Listed on: 03/07/2024

Keller Williams Pinnacle

Last Buyer's Agent

Sarah Jenkins

Keller Williams Pinnacle License #475.193205 Listed on: 03/07/2024

Keller Williams Pinnacle

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $46

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 90 x 245 x 90 x 243
  • Back to Public Ground

Schools

  • Waterloo Dist 5 Elementary And Middle School
  • Waterloo High School

Utilities

  • Gas Available
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 08-19-249-008

Property Details

Property Type

Land

Est. Annual Taxes

$46

Lot Details

0

Listing Details

  • Property Type: Land
  • Cross Street: Hamacher/Floraville
  • Directions: Route 3 to Market Street, Hamacher to left onto Legacy Drive.
  • Property Sub-Type: Residential Lots
  • ResoLotFeatures: Backs to Comm. Grnd
  • Lot Size Acres: 0.5
  • Road Frontage Type: City Street
  • Road Surface Type: Concrete
  • Co List Office Phone: 2086692
  • Subdivision Name: Legacy
  • Restrictions: Minimum Square Ftg,Recorded Restrictns,Subdivision
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Disclosures: Unknown, Flood Plain No, Vacant Land

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Gas to Site, Phone Available
  • Water Source: Public

Schools

  • Elementary School: WATERLOO DIST 5
  • Junior High Dist: Waterloo DIST 5
  • High School: Waterloo
  • Middle Or Junior School: WATERLOO DIST 5

Lot Info

  • Zoning: Single Family
  • Number Of Lots: 1
  • Topography: Cleared,Level Lot
  • Development Status: Finished Lot(s)
  • Lot Dimensions: 90 x 245 x 90 x 243
  • Lot Size Sq Ft: 21780
  • Parcel Number: 08-19-249-008
  • Lot Number: 8

Tax Info

  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
Jan 24, 2025
Sold by
Bmw Trust and Brand Dennis R
Bought by
Kennedy Andrew J and Kennedy Megan L
Seller's Agent
Sarah Jenkins
Keller Williams Pinnacle
Buyer's Agent
Sarah Jenkins
Keller Williams Pinnacle
List Price
$58,800
Sold Price
$58,880
Premium/Discount to List
$80
0.14%
Views
7
Current Estimated Value
$66,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,120
Avg. Annual Appreciation
21.35%
Original Mortgage
$420,000
Outstanding Balance
$417,735
Interest Rate
6.6%
Mortgage Type
Construction
Estimated Equity
-$351,735
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Kennedy Andrew J $59,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kennedy Andrew J $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2025 02/12/25 Pending -- -- --
01/24/2025 01/24/25 Sold $58,880 +0.1% --
01/11/2025 01/11/25 For Sale $58,800 -0.1% --
11/25/2024 11/25/24 Off Market $58,880 -- --
03/07/2024 03/07/24 For Sale $58,800 -- --
Source: MARIS MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $46 $771 $771 $0
2023 $0 $730 $730 $0
2022 $47 $730 $730 $0
Source: Public Records

Agents Affiliated with this Home

  • Sarah Jenkins

    Seller's Agent in 2025

    Sarah Jenkins

    Keller Williams Pinnacle

    (660) 424-0418

    7 Total Sales

    Sarah Jenkins
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Map

Source: MARIS MLS

MLS Number: MIS24013556

MARIS MLS

APN: 08-19-249-008-000

Illinois Monroe County Waterloo 62298

577 Legacy Dr, Waterloo, IL

This home is located at 577 Legacy Dr, Waterloo, IL 62298 since 07 March 2024 and is currently estimated at $66,000. 577 Legacy Dr is a home located in Monroe County with nearby schools including W J Zahnow Elementary School, Rogers Elementary School, and Gardner Elementary School.

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