OFF MARKET

Last listed at $230,000, closed on mar 2016

$380,934

Est. refi paymentEst. refi $1,177/mo

•

2,820

sq ft

1513 Rachael Ln, Waterloo, IL 62298

About this home

Move in ready and better than new! This home offers an open floor plan, formal dining area, eat in kitchen with back splash, stainless appliances, living room with gas fireplace, and split bedroom design. The finished lower walkout level offers bar, game area, family room, and 4th bedroom. Lower level is plumbed for additional bath. High efficiency furnace, deck, fence and landscaped. Sellers reserve water softener and window curtains. This home is tax exempt for 2015 taxes. Buyer to verify all information prior to making an offer.

Single-familyProperty Type

2014Year Built

$135Est. Price/Sq.Ft.

2 car garageParking

Listed by Carrie Michalik • Re/Max Alliance

Bought with Tammy Hines • Tammy Mitchell Hines & Co.

Redfin checked: 2 minutes ago

•Source:MARIS as Distributed by MLS Grid #4501594

Redfin Estimate

$380,934

$151K over list price of $230K

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 6.5% lower than the average sale price ($407K) of 6 comparable homes.

SOLD SEP 16, 2026
$385,000
A
4 beds3 baths2,509 sq ft
1504 Rachael Ln, Waterloo, IL 62298
SOLD SEP 25, 2026
$315,000
B
3 beds2 baths1,560 sq ft
1225 Sherwood Ln, Waterloo, IL 62298
SOLD JUN 5, 2026
$474,900
C
4 beds3 baths2,869 sq ft
205 Crosswinds Ct, Waterloo, IL 62298
SOLD JUN 22, 2026
$360,000
D
4 beds2 baths2,148 sq ft
1041 W Fallen Lake Dr, Waterloo, IL 62298
SOLD SEP 11, 2026
$515,000
E
4 beds3 baths3,343 sq ft
1217 Kirk Ln, Waterloo, IL 62298
SOLD OCT 5, 2026
$394,900
F
3 beds2 baths2,619 sq ft
808 Blazing Star Dr, Waterloo, IL 62298

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Earn from this home

Refinance

Est. cash available

Get cash now or lower your monthly rate

Rent

$1,674/mo

Redfin rental estimate

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Market trends in 62298, IL

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

98.9%

+1.0% MoM

Median sale price

$342K

$5K MoM

Avg. days on market

45d

1 days MoM

Recently sold homes

4 MoM

New listings for sale

3D WALKTHROUGH
$560,000
4 beds3 baths2,741 sq ft
476 Hayden Dr, Waterloo, IL 62298
OPEN SUN, 11AM TO 1PM
$329,000
3 beds2 baths1,762 sq ft
745 N Market St, Waterloo, IL 62298
$267,500
3 beds1.5 baths2,491 sq ft
902 Evansville Ave, Waterloo, IL 62298
$399,900
3 beds2 baths1,584 sq ft
5842 Deer Hill Rd, Waterloo, IL 62298
COMING SOON
$299,900
2 beds3 baths1,616 sq ft
713 Willow Ln, Waterloo, IL 62298
$30,000
Studio— baths784 sq ft
238 Grand Ave Unit A, Waterloo, IL 62298
OPEN NOV 21, 10AM TO 12PM
$300,000
3 beds2.5 baths3,797 sq ft
5723 Konarick Rd, Waterloo, IL 62298
$345,000
3 beds3 baths2,887 sq ft
715 Legion Dr, Waterloo, IL 62298
See all

Provided by Redfin

Sale history for 1513 Rachael Ln

Date

Event

Price

Public Records

Apr 1, 2016

Sold

$230,100

$82/sq ft

MARIS as Distributed by MLS Grid #4501594

Mar 31, 2016

Sold

Feb 12, 2016

Listed

$230,000

$82/sq ft

MARIS as Distributed by MLS Grid #4314691

Jan 8, 2015

Sold

Oct 16, 2014

Listed

$205,000

$73/sq ft

+14

This new construction home features an open floor plan and great access on the north end of town! As you walk in to this home, you will notice the hardwood floors in the foyer, kitchen and eating area. The living room has a fireplace and vaulted ceiling, which leads to the kitchen, featuring a bay door out to the deck, a pantry and main floor laundry room. The master suite has dual vanity, separate tub/shower and huge walk-in closet. The unfinished, walkout basement has a rough-in for a future bath and leads out to the covered patio! Home is built in compliance with the IL Energy Conservation Law. ECD is December 2014.

MARIS as Distributed by MLS Grid #4209118

Jun 25, 2013

Listed

$31,000

$11/sq ft

Join or sign in to view all info

Year

Property tax

Land + Additions

Assessment*

2025

$6,218 (+3.2%)

$16,790 + $98,050

$114,840

2024

$6,023 (+11.4%)

$16,790 + $98,050

$114,840

2023

$5,409 (+1.9%)

$16,401 + $98,851

$115,252

2022

$5,307 (+3.8%)

$15,210 + $84,190

$99,400

2021

$5,114 (+3.7%)

$15,410 + $81,370

$96,780

2020

$4,930 (+5.5%)

$13,010 + $79,010

$92,020

2019

$4,674 (+3.5%)

$13,010 + $74,110

$87,120

2018

$4,515 (+8.7%)

$13,010 + $69,350

$82,360

2017

$4,153 (+481.7%)

$10,000 + $67,930

$77,930

2015

$714 (+2,646.2%)

$9,270 + $63,320

$72,590

2014

$26

$10,770

2013

$26

$410

Tax history for 1513 Rachael Ln

Year

Property tax

Land + Additions

Assessment*

2025

$6,218 (+3.2%)

$16,790 + $98,050

$114,840

2024

$6,023 (+11.4%)

$16,790 + $98,050

$114,840

2023

$5,409 (+1.9%)

$16,401 + $98,851

$115,252

2022

$5,307 (+3.8%)

$15,210 + $84,190

$99,400

2021

$5,114 (+3.7%)

$15,410 + $81,370

$96,780

2020

$4,930 (+5.5%)

$13,010 + $79,010

$92,020

2019

$4,674 (+3.5%)

$13,010 + $74,110

$87,120

2018

$4,515 (+8.7%)

$13,010 + $69,350

$82,360

2017

$4,153 (+481.7%)

$10,000 + $67,930

$77,930

2015

$714 (+2,646.2%)

$9,270 + $63,320

$72,590

2014

$26

$10,770

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.

1,666

Year built

2015

Style

Single Family Residential

County

Monroe County

APN

07-12-334-027-000

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: 4
# of Bedrooms Main: 3

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

Room 1 Information
Room Type: Bedroom
Room Length: 11
Room Width: 10
Room Level: Second or Main

Room 2 Information
Room Type: Dining Room
Room Length: 13
Room Width: 12
Room Level: Second or Main

Room 3 Information
Room Type: Kitchen
Room Length: 15
Room Width: 10
Room Level: Second or Main

Room 4 Information
Room Type: Other Room
Room Length: 7
Room Width: 5
Room Level: Second or Main

Room 5 Information
Room Type: Bedroom
Room Length: 12
Room Width: 11
Room Level: First or Lower

Room 6 Information
Room Type: Other Room
Room Length: 10
Room Width: 8
Room Level: Second or Main

Room 7 Information
Room Type: Bedroom
Room Length: 15
Room Width: 14
Room Level: Second or Main

Room 8 Information
Room Type: Bedroom
Room Length: 11
Room Width: 10
Room Level: Second or Main

Room 9 Information
Room Type: Family Room
Room Length: 39
Room Width: 27
Room Level: First or Lower

Room 10 Information
Room Type: Living Room
Room Length: 16
Room Width: 15
Room Level: Second or Main

Basement Information
Basement Features: Walk-Out Access

Fireplace Information
Has Fireplace
# of Fireplaces: 1

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

Interior Features
Appliances: Dishwasher, Microwave, Range

Exterior

Building Information
Roof: Asphalt

Property Information
Property Type: Residential
Property Sub Type: Residential
Above Grade Finished Area: 1,624
Below Grade Finished Area: 1,196

Lot Information
Lot Features: Fencing, None
Lot Size Dimensions: .28 acres

Financial

Tax Information
Tax Annual Amount: $26
Tax Year: 2014

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer

Location

HOA Information
Association Amenities: Deck

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: Route 3 (N Market) to Rose Lane. Right on Rachel Lane

Public facts

Beds: 4
Baths: 4.0
Sq. Ft.: 1,666
Stories: 1.0
Lot Size: 0.28 acres
Style: Single Family Residential
Year Built: 2015
Year Renovated: 2015
County: Monroe County
APN: 07-12-334-027-000

Home facts updated by county records on Aug 26, 2026

Other

Home Information
Living Area: 2820
Levels: One

Around this home

Schools

K - 12
Preschool & daycare

W J Zahnow Elementary School

Public PreK-1 • Assigned • 2.2mi

Waterloo Junior High School

Public 6-8 • Assigned • 2.3mi

7/10

Waterloo High School

Public 9-12 • Assigned • 3.9mi

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

$362,000 – $439,000

Sell confidently with a local market expert in Waterloo. 3 minutes to get started.

Nearby similar homes

OPEN NOV 21, 10AM TO 12PM

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New listings for sale in 62298

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OPEN NOV 21, 10AM TO 12PM

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Home values near 1513 Rachael Ln

Data from public records.

Address	Redfin Estimate
1501 Rachael Lane, Waterloo, IL 3 Beds \| 2 Baths \| 1600 Sq. Ft.	$367,727
1520 Rachael Lane, Waterloo, IL 3 Beds \| 4 Baths \| 1664 Sq. Ft.	$369,474
1505 Rachael Lane, Waterloo, IL 3 Beds \| 3 Baths \| 2200 Sq. Ft.	$384,471
1517 Rachael Lane, Waterloo, IL 4 Beds \| 3 Baths \| 3156 Sq. Ft.	$412,396
1510 Dannehold Farms Drive, Waterloo, IL 3 Beds \| 5 Baths \| 1836 Sq. Ft.	$381,716
1507 Jamie Lane, Waterloo, IL 3 Beds \| 2 Baths \| 1659 Sq. Ft.	$336,929
1515 Jamie Lane, Waterloo, IL 4 Beds \| 3 Baths \| 2600 Sq. Ft.	$388,076

Address	Redfin Estimate
1510 Rachael Lane, Waterloo, IL 3 Beds \| 2 Baths \| 1700 Sq. Ft.	$354,680
1524 Rachael Lane, Waterloo, IL 4 Beds \| 2 Baths \| 2504 Sq. Ft.	$367,457
1525 Rachael Lane, Waterloo, IL 3 Beds \| 2 Baths \| 1638 Sq. Ft.	$358,875
1500 Rachael Lane, Waterloo, IL 3 Beds \| 2 Baths \| 1600 Sq. Ft.	$359,431
1527 Jamie Lane, Waterloo, IL 3 Beds \| 2 Baths \| 1600 Sq. Ft.	$363,431
1511 Jamie Lane, Waterloo, IL 3 Beds \| 3 Baths \| 2888 Sq. Ft.	$357,545
1519 Jamie Lane, Waterloo, IL 3 Beds \| 2 Baths \| 1700 Sq. Ft.	$366,864

Address	Redfin Estimate
1509 Rachael Lane, Waterloo, IL 3 Beds \| 2 Baths \| 1721 Sq. Ft.	$344,449
1516 Rachael Lane, Waterloo, IL 3 Beds \| 3 Baths \| 2900 Sq. Ft.	$399,707
1521 Rachael Lane, Waterloo, IL 4 Beds \| 3 Baths \| 2452 Sq. Ft.	—
1504 Rachael Lane, Waterloo, IL 4 Beds \| 3 Baths \| 2509 Sq. Ft.	$399,590
1523 Jamie Lane, Waterloo, IL 3 Beds \| 2 Baths \| 1700 Sq. Ft.	$368,746
1507 Dannehold Farms Drive, Waterloo, IL 3 Beds \| 5 Baths \| 2223 Sq. Ft.	$371,807
1511 Dannehold Farms Drive, Waterloo, IL 3 Beds \| 5 Baths \| 1784 Sq. Ft.	$399,708

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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About this home

Redfin Estimate

Earn from this home

Market trends in 62298, IL

Sale history for 1513 Rachael Ln

Tax history for 1513 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 1513 Rachael Ln

More real estate resources