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217 Magnolia Ave, Waterloo, IL, 62298

4beds
2baths
3,004sqft
$275,000
$92price/sqft
$2,117/moest. monthly cost
$84,680/yrincome needed

About This Home

Step into a piece of history with this beautiful Victorian residence, where timeless craftsmanship and architectural detail have been preserved through the years. Framed by two majestic mature trees, the stately brick facade and distinctive mansard roof create an unforgettable first impression. Inside, you're welcomed by a grand foyer featuring an original arched wood entry door with a stained-glass transom, soaring ceilings, rich hardwood floors, and exquisite millwork throughout. Ornate wood trim, decorative moldings, vintage radiators, and period details celebrate the home's historic charm while creating a warm and inviting atmosphere. The main level offers several spacious formal rooms designed for entertaining and everyday living, while all bedrooms and private living quarters are conveniently located on the second floor. A stunning formal dining room showcases solid oak paneled wainscoting, elegant wallpaper, an arched doorway, and a classic chandelier—providing the perfect setting for holiday gatherings, dinner parties, or special occasions. Every room reflects the quality and craftsmanship of a bygone era, offering endless opportunities to restore, preserve, or thoughtfully blend modern updates with timeless design. Outside, the shaded yard provides a peaceful retreat beneath towering mature trees, while the inviting front porch is the perfect place to enjoy your morning coffee or unwind in the evening. Whether you're searching for a distinguished family home, a restoration masterpiece, or a property rich in historic character, this exceptional residence presents a rare opportunity to own a home where original architectural details remain the centerpiece. Buyer to verify all listing information, including but not limited to square footage, room measurements, features, lot size, taxes, exemptions, schools, and all other pertinent details. Schedule a tour with your favorite Realtor today!

Getting Around

76
WalkingVery Walkable
0
TransitVery Limited Transit
44
BikeSomewhat Bikeable

Schools

--
7/10
6/10
Waterloo High SchoolGrades 9-121.5 mi

Construction

Condition

  • Year built: 1863

Materials

  • Construction materials: Brick,Stone

Type & Style

  • Home type: SingleFamily
  • Architectural style: Historic,Victorian
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 1

Features

  • Number of fireplaces: 2
  • Fireplace: Yes
  • Finished area below ground: 104
  • Finished area above ground: 2,900

Heating & Cooling

  • Heating features: Other
  • Cooling features: None

Interior Area

  • Total structure area: 3,004
  • Total interior livable area: 3,004 sqft

Property

Details

  • Parcel number: 0725202020000
  • Special condition: Standard

Features

  • Levels: Two

Lot

  • Lot size: 0.48 Acres
  • Features: Few Trees

Parking

  • Parking features: Garage
  • Has garage: Yes

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
    Heat WaveVery High
  • Strong Wind
    Strong WindVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Earthquake
    EarthquakeRelatively High
  • Hail
    HailRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Heat Wave
Strong Wind
Tornado
Cold Wave
Earthquake
Hail
Lightning
Winter Weather
Inland Flooding

FEMA Declared Disasters Across Illinois Counties

Flood
Severe Storm

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

MonthlyAnnual
Mortgage $1,390$16,680
Home Insurance *$162$1,944
Property Taxes $334$4,008
Electricity $231$2,772
Total$2,117$25,404
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$72,582/yr
40% on housing$63,510/yr
45% on housing$56,453/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

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.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -1.6%
-1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$92This listing

vs Other Active Listings

Avg $/sqft

ZIP 62298$203
Monroe County$192

vs Homes Sold Last Month

Median $/sqft

ZIP 62298$162
Monroe County$157

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

DateEventPrice
2026-08-05Contingent$275,000
2026-08-03Price change$275,000
2026-07-18Listed for sale$293,000
2021-12-23Sold$268,000
2021-12-09Pending sale$278,000
2021-10-22Listed for sale$278,000
2021-09-27Contingent$279,900
2021-08-30Price change$279,900
2021-08-13Listed for sale$285,000
2018-06-01Sold$272,500
2018-03-17Pending sale$280,000
2018-02-27Price change$280,000
2017-11-02Price change$285,000
2017-09-24Price change$295,000
2017-09-04Listed for sale$299,900

For Sale by Agent

AgentSummer H Penet
BrokerageNettwork Global

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