OFF MARKET

Last listed at $210,000, CLOSED ON Nov 2016

$368,004

•

1,600

sq ft

1501 Rachael Ln, Waterloo, IL 62298

About this home

Many upgrades to this energy efficient, new construction 1600 sq.ft home on the north end of Waterloo with an easy commute to St. Louis! This 3 BR, 2 full bath, brick and stone front Gingerwood II plan offers black appliances, large laundry room with drop zone off kitchen, wood floors in foyer, great room, kitchen, & dining area. It also includes a deck with stairs, vaulted ceiling in kitchen, dining & great rooms, crown molding on kitchen cabinets along with hardware on all cabinetry! Master suite includes large walk-in closet, double bowl sinks, & over-sized shower. Includes egress window for future bedroom in basement. Yard will be seeded and strawed. Estimated completion date May 2016.

Single-familyProperty Type

2016Year Built

$230Est. Price/Sq.Ft.

2 car garageParking

Listed by Amy Hank • Century 21 Advantage

Bought with Lisa Main-Haubrich • Century 21 Advantage

Redfin checked: 3 minutes ago

•Source:MARIS as Distributed by MLS Grid #4500441

Redfin Estimate

$368,004

$158K over list price of $210K

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 29.7% higher than the average sale price ($284K) of 6 comparable homes.

SOLD MAY 21, 2026
$215,000
A
3 beds2 baths1,424 sq ft
707 Marney Ln, Waterloo, IL 62298
SOLD JUN 26, 2026
$282,000
B
3 beds2 baths1,104 sq ft
8 Dwight St, Waterloo, IL 62298
SOLD MAY 20, 2026
$335,000
C
3 beds2 baths1,376 sq ft
708 Ward, Waterloo, IL 62298
SOLD JUL 1, 2026
$400,000
D
3 beds2 baths1,880 sq ft
400 Mockingbird Ln, Waterloo, IL 62298
SOLD JUL 29, 2026
$295,000
E
3 beds2 baths1,664 sq ft
122 Westview Pl, Waterloo, IL 62298
SOLD OCT 10, 2025
$175,000
F
3 beds2 baths1,659 sq ft
1507 Jamie Ln, Waterloo, IL 62298

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Earn from this home

Sell

$344,796

Est. take-home

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Rent

$1,534/mo

Redfin rental estimate

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Market trends in 62298, IL

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

97.7%

+0.4% MoM

Median sale price

$335K

$28K MoM

Avg. days on market

47d

0 days MoM

Recently sold homes

16 MoM

New listings for sale

NEW 3 HRS AGO
$29,000
2 beds1 bath672 sq ft
4814 Timber Lake Ct, Waterloo, IL 62298
OPEN SAT, 11AM TO 1PM
$275,000
3 beds2 baths2,076 sq ft
708 S Library St, Waterloo, IL 62298
OPEN SUN, 3PM TO 5PM
$525,000
3 beds2 baths1,760 sq ft
4375 Jj Rd, Waterloo, IL 62298
$180,000
2 beds1 bath768 sq ft
504 Stiening St, Waterloo, IL 62298
$379,900
3 beds2 baths2,134 sq ft
4609 Fountain Brook Dr, Waterloo, IL 62298
FOR SALE BY OWNER
$499,900
3 beds3 baths1,932 sq ft
207 Vancouver Dr, Waterloo, IL 62298
$485,000
3 beds3 baths2,534 sq ft
6730 Cardinal Dr, Waterloo, IL 62298
$898,000
4 beds3.5 baths4,100 sq ft
600 Covington Dr, Waterloo, IL 62298
$111,000
1 bed1 bath777 sq ft
319 S Main St, Waterloo, IL 62298
See all

Provided by Redfin

Sale history for 1501 Rachael Ln

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Year

Property tax

Land + Additions

Assessment*

2025

$6,503 (+9.0%)

$16,790 + $95,540

$112,330

2024

$5,969 (+11.0%)

$16,790 + $95,540

$112,330

2023

$5,378 (+2.2%)

$16,401 + $90,434

$106,835

2022

$5,261 (+2.5%)

$15,210 + $76,410

$91,620

2021

$5,131 (+4.2%)

$15,410 + $73,140

$88,550

2020

$4,926 (+4.8%)

$13,010 + $71,770

$84,780

2019

$4,700 (+4.7%)

$13,010 + $66,690

$79,700

2018

$4,489 (+8.8%)

$13,010 + $62,460

$75,470

2017

$4,125 (+565.5%)

$10,000 + $60,390

$70,390

2016

$620 (+2,195.3%)

$9,270

2015

$27 (+3.8%)

$9,270

2014

$26

$410

2013

$26

$410

Tax history for 1501 Rachael Ln

Year

Property tax

Land + Additions

Assessment*

2025

$6,503 (+9.0%)

$16,790 + $95,540

$112,330

2024

$5,969 (+11.0%)

$16,790 + $95,540

$112,330

2023

$5,378 (+2.2%)

$16,401 + $90,434

$106,835

2022

$5,261 (+2.5%)

$15,210 + $76,410

$91,620

2021

$5,131 (+4.2%)

$15,410 + $73,140

$88,550

2020

$4,926 (+4.8%)

$13,010 + $71,770

$84,780

2019

$4,700 (+4.7%)

$13,010 + $66,690

$79,700

2018

$4,489 (+8.8%)

$13,010 + $62,460

$75,470

2017

$4,125 (+565.5%)

$10,000 + $60,390

$70,390

2016

$620 (+2,195.3%)

$9,270

2015

$27 (+3.8%)

$9,270

2014

$26

$410

2013

$26

$410

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.28 Acres

Year renovated

2016

Sq. Ft.

1,623

Year built

2016

Style

Single Family Residential

County

Monroe County

APN

07-12-334-024-000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 26, 2026.

Single-Family Residence Districts

The Single-Family Residence Districts, as differentiated herein, and the district locations as depicted on the Zone District Map, reflect the wide variety of physical and social characteristics found in Waterloo, to the extent that the range of such conditions and characteristics can be divided into meaningful categories. It is the purpose of these regulations to encourage the creation and maintenance of stable and enduring residential areas by establishing limitations on the use and character of development so as to take advantage of, or to avoid conflict with, natural topography, existing development, arrangements and locations of existing or planned community facilities and social needs of the city.

Permitted uses

Include but are not limited to:

Housing-Single unit

Property details

Parking

Parking Information
Parking Total: 2
Parking Features: Attached, Garage
Garage Spaces: 2
Has Attached Garage
Has Garage

Interior

Bedroom Information
# of Bedrooms: 3
# of Bedrooms Main: 3
Main And Upper Level Bedrooms: 3
Upper Level Bedrooms: 0
Lower Level Bedrooms: 0

Bathroom Information
# of Full Baths (Total): 2
Main Level Bathrooms Full: 1

Room 1 Information
Room Type: Bedroom
Room Length: 13
Room Width: 15
Room Level: Main

Room 2 Information
Room Type: Living Room
Room Length: 15
Room Width: 18
Room Level: Main

Room 3 Information
Room Type: Bedroom
Room Length: 10
Room Width: 10
Room Level: Main

Room 4 Information
Room Description: MST Bath Full +
Room Length: 5
Room Width: 10
Room Level: Main

Room 5 Information
Room Type: Dining Room
Room Length: 11
Room Width: 11
Room Level: Main

Room 6 Information
Room Type: Bedroom
Room Length: 11
Room Width: 12
Room Level: Main

Room 7 Information
Room Type: Kitchen
Room Length: 10
Room Width: 10
Room Level: Main

Room 8 Information
Room Description: MST Bath Full +
Room Length: 9
Room Width: 9
Room Level: Main

Laundry Room Information
Laundry Features: Main Level

Basement Information
Has Basement
Basement Features: Full, Daylight, Daylight/Lookout

Other Rooms Information
Room Count: 8

Heating & Cooling
Heating Information: Natural Gas, Forced Air
Cooling Information: Central Air

Interior Features
Appliances: Dishwasher, Disposal, Microwave, Range

Exterior

Building Information
New Construction
Roof: Asphalt, Shingle

Exterior Features
Patio And Porch Features: Deck

Pool Information
Pool YN: 0

Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Property Condition: New Construction
Above Grade Finished Area: 1,600
Above Grade Finished Area Units: Square Feet

Lot Information
Lot Size Units: Acres
Lot Size Dimensions: .28 acres
Road Surface Type: Concrete

Financial

Tax Information
Tax Annual Amount: $26
Tax Annual Amount Description: No Exemptions
Tax Year: 2014

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer
Utilities: Underground Utilities

Location

Multi-Unit Information
Unit Count: 0

School Information
Elementary School: WATERLOO DIST 5
Middle Or Junior High School: WATERLOO DIST 5
High School: Waterloo
High School District: Waterloo DIST 5

Location Information
Directions: -Rt. 3 To Rose Ln, Right on Rachael
Address Line: 1501 RACHAEL Lane, Waterloo IL 62298

Public facts

Beds: 3
Baths: 3.0
Sq. Ft.: 1,623
Stories: 1.0
Lot Size: 0.28 acres
Style: Single Family Residential
Year Built: 2016
Year Renovated: 2016
County: Monroe County
APN: 07-12-334-024-000

Home facts updated by county records on Aug 26, 2026

Other

Listing Information
Transaction Type: Sale
Seller Paid Repairs Amount: 0.00

Home Information
Living Area: 1600
Living Area Units: Square Feet
Living Area Srch Sq Ft: 1600.00
Above Grade Finished Area Srch Sq Ft: 1600.00
Below Grade Finished Area Srch Sq Ft: 0.00
Builder Name: VOGT BUILDERS, INC
Levels: One

Around this home

Schools

W J Zahnow Elementary School

Public PreK-1 • Assigned • 2.1mi

Waterloo Junior High School

Public 6-8 • Assigned • 2.2mi

7/10

Waterloo High School

Public 9-12 • Assigned • 3.8mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 106° expected this year, 22 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

2/10 Air Factor

0 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Waterloo, IL • 62298

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.9 hours in June and 4.1 hours in December, which is comparable to the U.S. average for solar exposure.

9.9 hrs

4.1 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$350,000 – $424,000

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New listings for sale in 62298

NEW 3 HRS AGO

$29,000

2 beds1 bath672 sq ft

4814 Timber Lake Ct, Waterloo, IL 62298

OPEN SAT, 11AM TO 1PM

$275,000

3 beds2 baths2,076 sq ft

708 S Library St, Waterloo, IL 62298

OPEN SUN, 3PM TO 5PM

$525,000

3 beds2 baths1,760 sq ft

4375 Jj Rd, Waterloo, IL 62298

$180,000

2 beds1 bath768 sq ft

504 Stiening St, Waterloo, IL 62298

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4609 Fountain Brook Dr, Waterloo, IL 62298

FOR SALE BY OWNER

$499,900

3 beds3 baths1,932 sq ft

207 Vancouver Dr, Waterloo, IL 62298

$485,000

3 beds3 baths2,534 sq ft

6730 Cardinal Dr, Waterloo, IL 62298

$898,000

4 beds3.5 baths4,100 sq ft

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Home values near 1501 Rachael Ln

Data from public records.

Address	Redfin Estimate
1510 Rachael Lane, Waterloo, IL 3 Beds \| 2 Baths \| 1700 Sq. Ft.	$357,399
1435 Rachael Lane, Waterloo, IL 3 Beds \| 3 Baths \| 1680 Sq. Ft.	$294,438

Address	Redfin Estimate
1509 Rachael Lane, Waterloo, IL 3 Beds \| 2 Baths \| 1721 Sq. Ft.	$343,127
1431 Rachael Lane, Waterloo, IL 3 Beds \| 5 Baths \| 1650 Sq. Ft.	$372,535

Address	Redfin Estimate
1430 Rachael Lane, Waterloo, IL 2 Beds \| 4 Baths \| 1546 Sq. Ft.	$322,224
1516 Rachael Lane, Waterloo, IL 3 Beds \| 3 Baths \| 2900 Sq. Ft.	$391,496

Property information provided by MARIS as Distributed by MLS Grid when last listed in 2016. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 62298, IL

Sale history for 1501 Rachael Ln

Tax history for 1501 Rachael Ln

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 62298

Home values near 1501 Rachael Ln

More real estate resources