507 Covington Dr, Waterloo, IL 62298
OFF MARKET

507 Covington Dr
Waterloo, IL 62298

  • 3 Beds
  • 3,437 sqft (on 0.90 acres)

$681,100

Trulia Estimate
as of Aug 12, 2026
Est. Refi. Payment $4,516/mo*
Refinance Your Home

$681,100

Trulia Estimate
as of Aug 12, 2026
Est. Refi. Payment $4,516/mo*
Refinance Your Home
3 Beds
3,437 sqft
(on 0.90 acres)

Home Value

Trulia Estimate
$681K
Since last month
Increased$5K (+0.7%)
Since last year
Increased$37K (+5.8%)
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 +75% in the last 10 years
MonthEstimated value
2026
August 2026$681K
July 2026$664K
June 2026$676K
May 2026$669K
April 2026$673K
March 2026$692K
February 2026$667K
January 2026$662K
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
701 Williams Lndg, Waterloo, IL
0.09
Single-Family Home
$820,000
07/29/26
3
3.5
2,590
512 Benjamin Ln, Waterloo, IL
0.15
Single-Family Home
$830,000
12/01/25
4
2.5
2,893
325 Benjamin Ln, Waterloo, IL
0.24
Single-Family Home
$320,000
04/16/26
3
2
2,126
736 Marney Ln, Waterloo, IL
0.35
Single-Family Home
$385,000
12/30/25
4
-
2,434
725 Marney Ln, Waterloo, IL
0.39
Single-Family Home
$335,000
09/12/25
4
4
2,848
731 Marney Ln, Waterloo, IL
0.38
Single-Family Home
$320,000
08/29/25
4
4
2,848
313 Quentin Ct, Waterloo, IL
0.54
Single-Family Home
$550,000
04/17/26
4
3.5
3,007
724 Marney Ln, Waterloo, IL
0.35
Single-Family Home
$385,000
12/30/25
6
-
2,478
707 Marney Ln, Waterloo, IL
0.41
Single-Family Home
$200,000
05/21/26
3
2
1,424
916 James St, Waterloo, IL
0.71
Single-Family Home
$350,000
09/26/25
3
2.5
3,187

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
523 Covington Dr, Waterloo, IL 62298
0.13
-
-
-
-
Off Market
701 Williams Lndg, Waterloo, IL 62298
0.09
$820,000
3
3.5
2,590
Recently Sold
512 Benjamin Ln, Waterloo, IL 62298
0.15
$830,000
4
2.5
2,893
Recently Sold
811 Olivers Way, Waterloo, IL 62298
0.17
-
-
-
-
Off Market
10 Louise Ln, Waterloo, IL 62298
0.25
-
-
-
-
Off Market
615 Benjamin Ln, Waterloo, IL 62298
0.32
-
-
-
-
Off Market
907 Christina Way, Waterloo, IL 62298
0.37
$340,000
-
-
-
Recently Sold
701 Mahala Dr, Waterloo, IL 62298
0.32
$377,800
2
2
2,684
Off Market
750 Marney Ln, Waterloo, IL 62298
0.34
$329,900
4
2.5
3,176
Off Market
730 Marney Ln, Waterloo, IL 62298
0.35
$395,300
3
3
3,778
Off Market
714 Marney Ln, Waterloo, IL 62298
0.37
$347,100
4
2
2,434
Off Market
737 Marney Ln, Waterloo, IL 62298
0.38
$216,400
3
2
1,951
Off Market

Local Information

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Home Highlights

Property Type
Single-Family Home
Year Built
2005
Lot Size
0.9 acres
Living Area
3,437 sqft
Price/Sqft
$198
Parking
Garage

About this House

This single-family home is located at 507 Covington Dr, Waterloo, IL. 507 Covington Dr is in Waterloo, IL and in ZIP code 62298. This property has 3 bedrooms and approximately 3,437 sqft of floor space. This property has a lot size of 0.90 acres and was built in 2005.
507 Covington Dr, Waterloo, IL 62298 is a 3 bedroom, 3,437 sqft single-family home built in 2005. It is currently off market. The Trulia Estimate is $681,100, with a rent estimate of $2,633/month.

Home Details for 507 Covington Dr

Interior Features

Levels, Entrance, & Accessibility
Stories: 1

Property Information

Year Built
Year Built: 2005Year Updated: 2005
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Exterior Features

Exterior Home Features
Exterior: Brick
Parking & Garage
GarageParking: Garage

Lot Information

Lot Area: 0.90 acres

Price and Tax history

YearProperty taxTax assessment
2024
$13,783
$692,670
Home facts updated by county records

Market trends in Waterloo

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$301K
$30KMoM
Sale-to-List Price
—
Price per sq ft
$167
$11MoM
Available listings
59
10MoM
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Around this home

What Locals Say about Waterloo

At least 62 Trulia users voted on each feature.

  • 94 % Say it's dog friendly

  • 92 % Say parking is easy

  • 92 % Say yards are well-kept

  • 90 % Say people would walk alone at night

  • 85 % Say there's holiday spirit

  • 82 % Say car is needed

  • 82 % Say kids play outside

  • 79 % Say streets are well-lit

  • 77 % Say it's quiet

  • 63 % Say neighbors are friendly

  • 62 % Say there are sidewalks

  • 59 % Say they plan to stay for at least 5 years

  • 49 % Say it's walkable to restaurants

  • 45 % Say there's wildlife

  • 42 % Say there are community events

  • 36 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Juanita T.
    "It is a nice quiet neighborhood. People like to take walks and go to the parks and lakes. The dog parks are awesome for our four-legged friends."
    3
    Flag
  • Samantha L. .
    "Long but definitely better then the city traffic. I would always prefer the commute any day except during the winter "
    1
    Flag
  • Shelly_graves
    "Plenty of space in homes and yards, and a great place to walk. Parks nearby. Open fields. Quiet. Low traffic. "
    1
    Flag
  • Stacy S.
    "Safe for children great schools but limited after school activities unless you do Sports. Community school very big in agriculture education "
    0
    Flag
  • Claytonbour
    "Top quality schools, super low crime rate. Great area to raise a family. Can’t ask for a better place in Illinois or STL metropolitan area. "
    0
    Flag
  • Jennifer C. G.
    "We have parades and gatherings in the town square for holidays. The town lights up the street poles with Christmas Light Ornaments in December, it’s beautiful."
    0
    Flag
  • Jennifer C. G.
    "I have lived here for over 10 years the people are friendly, it has a wonderful sense of community and is a great place to bring up a family."
    0
    Flag
  • Suzanne S. R.
    "They would like that there are sidewalks all over the neighborhood . The streets are wide and people look out for each other "
    1
    Flag
  • Suzanne S. R.
    "There is true sense of community in Waterloo. Many people will come back here to raise their families. Lots of parks and events for the whole family. The downtown area is revitalizing it’s self . So much to do . Great place to live "
    0
    Flag
  • Christina F
    "Plenty of space, dogs can poop anywhere and you don’t have to pick it up outside of city limits. Roads and sidewalks are well maintained there is a great dog park near town and lots of people enjoy the community events"
    0
    Flag
  • edkane6431
    "It is a very quite and private close to a lovey park with lakes."
    0
    Flag

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Apartments for Rent

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Explore by feature - Air Conditioning

8 rentals with air conditioning in Waterloo, IL

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Homes for sale near 507 Covington Dr

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Off Market Homes Near 507 Covington Dr

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Frequently asked questions about 507 Covington Dr

  • What is 507 Covington Dr estimated to be worth?
    Trulia's estimated value for 507 Covington Dr in Waterloo, IL is $681,100.
  • Is Waterloo a buyer's or seller's market?
    Waterloo is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Waterloo?
    The median sale price in Waterloo is $301K. That is down $30K from the prior month.
  • What do residents say about Waterloo?
    Residents describe Waterloo, IL as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Waterloo, IL.
  • How big is the lot at 507 Covington Dr?
    The lot at 507 Covington Dr in Waterloo, IL is about 0.90 acres (39,204 sq ft).
  • Does 507 Covington Dr have a garage?
    Yes, 507 Covington Dr in Waterloo, IL has a garage.