OFF MARKET

Last listed at $180,000, CLOSED ON Jun 2022

$249,488

Est. refi paymentEst. refi $1,393/mo

•

1,800

sq ft

507 S Library St, Waterloo, IL 62298

About this home

STOP IN and see your next home! Starting with a lavish green lawn for curb appeal, this move-in ready 3 bedroom, 2bath, well priced home features hardwood flooring throughout most of the main floor. Open living and dining room leads into the kitchen with a breakfast bar and large pantry. Step downstairs to the spacious family room, laundry room, with storage area and a private workshop. Ideal for hosting family gatherings. Private yard with a double carport and single garage with 8x10 shed for additional storage. Just a short trip to downtown Waterloo and to all the restaurants. A MUST SEE!

Single-familyProperty Type

1953Year Built

9,583 sq ftLot Size

$139Est. Price/Sq.Ft.

1 garage spacesParking

Listed by Dave Rusteberg • Century 21 Advantage

Bought with Monica Schmidt • Keller Williams Pinnacle

Redfin checked: 2 minutes ago

•Source:MARIS as Distributed by MLS Grid #22029446

Redfin Estimate

$249,488

$69K over list price of $180K

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 3.2% higher than the average sale price ($242K) of 6 comparable homes.

SOLD MAY 7, 2026
$229,900
A
3 beds2 baths1,829 sq ft
705 Leo St, Waterloo, IL 62298
SOLD JUL 27, 2026
$179,900
B
3 beds2 baths1,596 sq ft
108 Rau Street St, Waterloo, IL 62298
SOLD AUG 17, 2026
$236,000
C
3 beds2 baths1,600 sq ft
608 S Church St, Waterloo, IL 62298
SOLD DEC 23, 2025
$295,000
D
3 beds2 baths1,900 sq ft
503 Mary Dr, Waterloo, IL 62298
SOLD JUL 31, 2026
$189,900
E
3 beds2 baths1,470 sq ft
203 E Mill St, Waterloo, IL 62298
SOLD APR 3, 2026
$319,900
F
3 beds2 baths1,640 sq ft
497 Mary Dr, Waterloo, IL 62298

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Earn from this home

Sell

$233,083

Est. take-home

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Refinance

Est. cash available

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Rent

$1,430/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

98.0%

+0.2% MoM

Median sale price

$337K

$5K MoM

Avg. days on market

46d

1 days MoM

Recently sold homes

5 MoM

New listings for sale

NEW 18 HRS AGO
$638,000
3 beds4 baths3,406 sq ft
4176 State Route 156, Waterloo, IL 62298
$249,900
4 beds2 baths1,380 sq ft
306 Walnut St, Waterloo, IL 62298
COMING SOON
$199,900
3 beds1 bath1,121 sq ft
309 N Moore St, Waterloo, IL 62298
FOR SALE BY OWNER
$795,000
5 beds5 baths1,895 sq ft
207 Links Ln, Waterloo, IL 62298
FOR SALE BY OWNER
$46,900
Studio— baths— sq ft
124 Kurken Dr, Waterloo, IL 62298
$275,000
3 beds2 baths2,076 sq ft
708 S Library St, Waterloo, IL 62298
$525,000
3 beds2 baths1,760 sq ft
4375 Jj Rd, Waterloo, IL 62298
$360,000
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
$898,000
4 beds3.5 baths4,100 sq ft
600 Covington Dr, Waterloo, IL 62298
See all

Provided by Redfin

Sale history for 507 S Library St

Year

Property tax

Land + Additions

Assessment*

2025

$3,904 (+7.3%)

$16,450 + $53,290

$69,740

2024

$3,640 (+14.5%)

$16,450 + $53,290

$69,740

2023

$3,179 (+11.5%)

$16,137 + $51,358

$67,495

2022

$2,851 (−0.9%)

$14,980 + $41,570

$56,550

2021

$2,875 (+4.4%)

$15,210 + $40,520

$55,730

2020

$2,754 (−0.1%)

$12,160 + $42,990

$55,150

2019

$2,757 (+4.2%)

$12,160 + $39,900

$52,060

2018

$2,645 (+3.6%)

$12,160 + $39,360

$51,520

2017

$2,554 (−0.1%)

$9,220 + $39,390

$48,610

2016

$2,556

$8,310 + $40,930

$49,240

2015

$2,558 (+9.2%)

$8,310 + $40,930

$49,240

2014

$2,343 (+0.4%)

$9,720 + $39,840

$49,560

2013

$2,333

$9,720 + $37,820

$47,540

Tax history for 507 S Library St

Year

Property tax

Land + Additions

Assessment*

2025

$3,904 (+7.3%)

$16,450 + $53,290

$69,740

2024

$3,640 (+14.5%)

$16,450 + $53,290

$69,740

2023

$3,179 (+11.5%)

$16,137 + $51,358

$67,495

2022

$2,851 (−0.9%)

$14,980 + $41,570

$56,550

2021

$2,875 (+4.4%)

$15,210 + $40,520

$55,730

2020

$2,754 (−0.1%)

$12,160 + $42,990

$55,150

2019

$2,757 (+4.2%)

$12,160 + $39,900

$52,060

2018

$2,645 (+3.6%)

$12,160 + $39,360

$51,520

2017

$2,554 (−0.1%)

$9,220 + $39,390

$48,610

2016

$2,556

$8,310 + $40,930

$49,240

2015

$2,558 (+9.2%)

$8,310 + $40,930

$49,240

2014

$2,343 (+0.4%)

$9,720 + $39,840

$49,560

2013

$2,333

$9,720 + $37,820

$47,540

*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

9,562 Sq. Ft.

Year renovated

1953

Sq. Ft.

1,254

Year built

1953

Style

Single Family Residential

County

Monroe County

APN

07-25-405-017-000

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
Covered Spaces: 3
Parking Features: Additional Parking, Detached, Garage Door Opener, Rear/Side Entry
Garage Spaces: 1
Has Carport
Carport Spaces: 2
Has Garage

Interior

Virtual Tour

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

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

Room 1 Information
Room Type: Bedroom
Room Dimensions: 10x9
Room Length: 10
Room Width: 9
Room Level: Second or Main

Room 2 Information
Room Type: Bedroom
Room Dimensions: 13x8
Room Length: 13
Room Width: 8
Room Level: Second or Main

Room 3 Information
Room Type: Bedroom
Room Dimensions: 12x9
Room Length: 12
Room Width: 9
Room Level: Second or Main

Room 4 Information
Room Type: Living Room
Room Dimensions: 13x15
Room Length: 13
Room Width: 15
Room Level: Second or Main

Room 5 Information
Room Type: Dining Room
Room Dimensions: 8x8
Room Length: 8
Room Width: 8
Room Level: Second or Main

Room 6 Information
Room Type: Kitchen
Room Dimensions: 12x10
Room Length: 12
Room Width: 10
Room Level: Second or Main

Room 7 Information
Room Type: Breakfast Room
Room Dimensions: 12x3
Room Length: 12
Room Width: 3
Room Level: Second or Main

Room 8 Information
Room Type: Bathroom
Room Dimensions: 8x5
Room Length: 8
Room Width: 5
Room Level: Second or Main

Room 9 Information
Room Type: Bathroom
Room Dimensions: 4x5
Room Length: 4
Room Width: 5
Room Level: Second or Main

Room 10 Information
Room Type: Recreation Room
Room Dimensions: 12x19
Room Length: 12
Room Width: 19
Room Level: First or Lower

Room 11 Information
Room Type: Family Room
Room Dimensions: 16x21
Room Length: 16
Room Width: 21
Room Level: First or Lower

Room 12 Information
Room Type: Laundry
Room Dimensions: 18x10
Room Length: 18
Room Width: 10
Room Level: First or Lower

Room 13 Information
Room Type: Bathroom
Room Dimensions: 3x8
Room Length: 3
Room Width: 8
Room Level: First or Lower

Basement Information
Has Basement
Basement Features: Bathroom in LL, Crawl Space, Full, Concrete

Other Rooms Information
# of Rooms: 6

Fireplace Information
Fireplace Features: None

Heating & Cooling
Has Heating
Heating Information: Forced Air 90+
Cooling Information: Gas

Interior Features
Appliances: Dishwasher, Disposal, Microwave, Gas Oven, Refrigerator, Washer

Exterior

Building Information
Construction Materials: Vinyl Siding

Property Information
Ownership Type: Private
Property Type: Residential
Property Sub Type: Residential
Other Structures: Shed(s), Storage, Workshop
Above Grade Finished Area: 1,254
Above Grade Finished Area Source: Public Records
Below Grade Finished Area: 546
Below Grade Finished Area Source: County Records

Lot Information
Lot Features: Corner Lot, Streetlights
Lot Size Acres: 0.22
Lot Size Dimensions: 0.22 ac
Lot Size Source: County Records

Financial

Tax Information
Tax Annual Amount: $2,753
Tax Year: 2020

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer

Location

HOA Information
Association Fee Frequency: None

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
Cross Street: Hoener St

Public facts

Beds: 3
Baths: 3.0
Sq. Ft.: 1,254
Stories: 1.0
Lot Size: 9,562 square feet
Style: Single Family Residential
Year Built: 1953
Year Renovated: 1953
County: Monroe County
APN: 07-25-405-017-000

Home facts updated by county records on Aug 26, 2026

Other

Listing Date Information
Expected Active Date: Thursday, May 19, 2022

Home Information
Living Area: 1800
Levels: One

Around this home

Schools

Rogers Elementary School

Public 2-3 • Assigned • 0.8mi

10/10

Waterloo Junior High School

Public 6-8 • Assigned • 0.9mi

7/10

Waterloo High School

Public 9-12 • Assigned • 1.1mi

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, 20 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

1/10 Air Factor

0 unhealthy days expected this year, 0 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

$238,000 – $287,000

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Nearby similar homes

$499,900

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NEW 18 HRS AGO

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4176 State Route 156, Waterloo, IL 62298

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New listings for sale in 62298

NEW 18 HRS AGO

$638,000

3 beds4 baths3,406 sq ft

4176 State Route 156, Waterloo, IL 62298

$249,900

4 beds2 baths1,380 sq ft

306 Walnut St, Waterloo, IL 62298

COMING SOON

$199,900

3 beds1 bath1,121 sq ft

309 N Moore St, Waterloo, IL 62298

FOR SALE BY OWNER

$795,000

5 beds5 baths1,895 sq ft

207 Links Ln, Waterloo, IL 62298

FOR SALE BY OWNER

$46,900

Studio— baths— sq ft

124 Kurken Dr, Waterloo, IL 62298

$275,000

3 beds2 baths2,076 sq ft

708 S Library St, Waterloo, IL 62298

$525,000

3 beds2 baths1,760 sq ft

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FOR SALE BY OWNER

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Home values near 507 S Library St

Data from public records.

Address	Redfin Estimate
514 S Library Street, Waterloo, IL 3 Beds \| 2 Baths \| 1738 Sq. Ft.	$245,878
606 S Library Street, Waterloo, IL 2 Beds \| 2 Baths \| 720 Sq. Ft.	$167,409

Address	Redfin Estimate
510 S Library Street, Waterloo, IL 3 Beds \| 2.5 Baths \| 1500 Sq. Ft.	$223,070
602 S Library Street, Waterloo, IL 3 Beds \| 2 Baths \| 868 Sq. Ft.	$182,747

Address	Redfin Estimate
600 S Library Street, Waterloo, IL 3 Beds \| 3 Baths \| 896 Sq. Ft.	$199,431
604 S Library Street, Waterloo, IL 3 Beds \| 3 Baths \| 952 Sq. Ft.	$216,027

Property information provided by MARIS as Distributed by MLS Grid when last listed in 2022. 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 507 S Library St

Tax history for 507 S Library St

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 507 S Library St

More real estate resources