Last listed at $244,882, CLOSED ON Oct 2015

$388,657

•

2,200

sq ft

1505 Rachael Ln, Waterloo, IL 62298

About this home

Many upgrades to this energy efficient, new construction home on the north end of Waterloo, with an easy commute to St. Louis! This 3 BR, 3 bath, Gingerwood II plan offers a kitchen w/raised breakfast bar, granite counters, black appliances, large laundry room and drop zone off kitchen, wood floors in foyer, hallway and living room. It also includes an over-sized composite deck and metal rail with stairs down to patio from basement, vaulted ceiling in kitchen, dining & great rooms, kitchen cabinetry with deluxe trims. Master suite includes large walk-in closet, double bowl sinks, oversized shower with glass doors. Walkout basement for with finished living area and bathroom. Upgraded flooring throughout. Deluxe insulation package! Yard will be seeded and strawed.

Single-familyProperty Type

2015Year Built

10,018 sq ftLot Size

$177Est. Price/Sq.Ft.

2 car garageParking

Listed by Amy Hank • Century 21 Advantage

Bought with Tina LaChance • Strano & Associates

Redfin checked: 2 minutes ago

•Source:MARIS as Distributed by MLS Grid #4415077

Redfin Estimate

$388,657

$144K over list price of $245K

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 19.2% higher than the average sale price ($326K) of 6 comparable homes.

SOLD MAR 4, 2026
$399,000
A
4 beds3 baths2,536 sq ft
425 Mockingbird Ln, Waterloo, IL 62298
SOLD MAY 22, 2026
$379,900
B
3 beds3 baths2,571 sq ft
1515 New Brunswick Dr, Waterloo, IL 62298
SOLD OCT 10, 2025
$175,000
C
3 beds2 baths1,659 sq ft
1507 Jamie Ln, Waterloo, IL 62298
SOLD JUL 1, 2026
$400,000
D
3 beds2 baths1,880 sq ft
400 Mockingbird Ln, Waterloo, IL 62298
SOLD JUL 16, 2026
$320,000
E
3 beds2 baths2,437 sq ft
6 Dwight St, Waterloo, IL 62298
SOLD JUN 26, 2026
$282,000
F
3 beds2 baths1,104 sq ft
8 Dwight St, Waterloo, IL 62298

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Earn from this home

Sell

$364,263

Est. take-home

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Rent

$1,553/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 1505 Rachael Ln

Join or sign in to view all info

Year

Property tax

Land + Additions

Assessment*

2025

$6,603 (+10.7%)

$16,790 + $101,970

$118,760

2024

$5,964 (+10.9%)

$16,790 + $101,970

$118,760

2023

$5,376 (+1.7%)

$16,401 + $95,355

$111,756

2022

$5,285 (+3.7%)

$15,210 + $81,240

$96,450

2021

$5,097 (+3.6%)

$15,410 + $78,520

$93,930

2020

$4,921 (+9.0%)

$13,010 + $76,250

$89,260

2018

$4,516 (+8.4%)

$13,010 + $66,940

$79,950

2017

$4,166 (+4.9%)

$10,000 + $65,560

$75,560

2016

$3,970 (+14,605.3%)

$9,270 + $61,120

$70,390

2015

$27 (+3.8%)

$9,270 + $61,120

$70,390

2014

$26

$410

2013

$26

$410

Tax history for 1505 Rachael Ln

Year

Property tax

Land + Additions

Assessment*

2025

$6,603 (+10.7%)

$16,790 + $101,970

$118,760

2024

$5,964 (+10.9%)

$16,790 + $101,970

$118,760

2023

$5,376 (+1.7%)

$16,401 + $95,355

$111,756

2022

$5,285 (+3.7%)

$15,210 + $81,240

$96,450

2021

$5,097 (+3.6%)

$15,410 + $78,520

$93,930

2020

$4,921 (+9.0%)

$13,010 + $76,250

$89,260

2018

$4,516 (+8.4%)

$13,010 + $66,940

$79,950

2017

$4,166 (+4.9%)

$10,000 + $65,560

$75,560

2016

$3,970 (+14,605.3%)

$9,270 + $61,120

$70,390

2015

$27 (+3.8%)

$9,270 + $61,120

$70,390

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

2015

Sq. Ft.

1,588

Year built

2015

Style

Single Family Residential

County

Monroe County

APN

07-12-334-025-000

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 Features: Attached Garage
Garage Spaces: 2
Has Attached Garage
Has Garage

Interior

Bedroom Information
# of Bedrooms: 3
# of Bedrooms Main: 3

Bathroom Information
# of Full Baths (Total): 3
# of Main Level Bathrooms (Total): 1
Main Level # of Full Bathrooms: 1

Room 1 Information
Room Type: Other Room
Room Length: 5
Room Width: 10
Room Level: Second or Main

Room 2 Information
Room Type: Bathroom
Room Length: 5
Room Width: 8
Room Level: First or Lower

Room 3 Information
Room Type: Bedroom
Room Length: 13
Room Width: 15
Room Level: Second or Main

Room 4 Information
Room Type: Bedroom
Room Length: 10
Room Width: 10
Room Level: Second or Main

Room 5 Information
Room Type: Kitchen
Room Length: 10
Room Width: 10
Room Level: Second or Main

Room 6 Information
Room Type: Living Room
Room Length: 15
Room Width: 18
Room Level: Second or Main

Room 7 Information
Room Type: Other Room
Room Length: 9
Room Width: 9
Room Level: Second or Main

Room 8 Information
Room Type: Bedroom
Room Length: 11
Room Width: 12
Room Level: Second or Main

Room 9 Information
Room Type: Dining Room
Room Length: 11
Room Width: 11
Room Level: Second or Main

Room 10 Information
Room Type: Family Room
Room Length: 45
Room Width: 12
Room Level: First or Lower

Basement Information
Basement Features: Full, Walk-Out Access

Heating & Cooling
Has Heating
Heating Information: Forced Air
Cooling Information: Central Air

Interior Features
Appliances: Dishwasher, Disposal, Microwave, Range

Exterior

Building Information
Construction Materials: Vinyl Siding
Roof: Asphalt

Property Information
Property Type: Residential
Property Sub Type: New Construction
Above Grade Finished Area: 1,600
Below Grade Finished Area: 600

Lot Information
Lot Size Acres: 0.23
Lot Size Dimensions: .23 acres

Financial

Tax Information
Tax Annual Amount: $22
Tax Year: 2013

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer

Location

HOA Information
Association Amenities: School Bus, Deck, Patio

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

Public facts

Beds: 3
Baths: 5.0
Sq. Ft.: 1,588
Stories: 1.0
Lot Size: 0.28 acres
Style: Single Family Residential
Year Built: 2015
Year Renovated: 2015
County: Monroe County
APN: 07-12-334-025-000

Home facts updated by county records on Aug 26, 2026

Other

Home Information
Living Area: 2200
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

$370,000 – $447,000

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New listings for sale in 62298

NEW 3 HRS AGO

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2 beds1 bath672 sq ft

4814 Timber Lake Ct, Waterloo, IL 62298

OPEN SAT, 11AM TO 1PM

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3 beds2 baths2,076 sq ft

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OPEN SUN, 3PM TO 5PM

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FOR SALE BY OWNER

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3 beds3 baths1,932 sq ft

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3 beds3 baths2,534 sq ft

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Home values near 1505 Rachael Ln

Data from public records.

Address	Redfin Estimate
1501 Rachael Lane, Waterloo, IL 3 Beds \| 2 Baths \| 1600 Sq. Ft.	$368,004
1520 Rachael Lane, Waterloo, IL 3 Beds \| 4 Baths \| 1664 Sq. Ft.	$371,999

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

Property information provided by MARIS as Distributed by MLS Grid when last listed in 2015. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 62298, IL

Sale history for 1505 Rachael Ln

Tax history for 1505 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 1505 Rachael Ln

More real estate resources