316 Thomas Ln, Waterloo, IL 62298
Property image
Property image
OFF MARKET

316 Thomas Ln
Waterloo, IL 62298

  • 4 Beds
  • 3 Baths
  • 3,854 sqft (on 0.92 acres)

$559,100

Trulia Estimate
as of Aug 18, 2026
Est. Refi. Payment $3,727/mo*
Refinance Your Home

$559,100

Trulia Estimate
as of Aug 18, 2026
Est. Refi. Payment $3,727/mo*
Refinance Your Home
4 Beds
3 Baths
3,854 sqft
(on 0.92 acres)

Home Value

Trulia Estimate
$559K
Since last month
Increased$6K (+1%)
Since last year
Increased$21K (+3.8%)
Since last sale
Increased$111K (+24.7%)
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 +123% in the last 10 years
MonthEstimated value
2026
August 2026$561K
July 2026$556K
June 2026$566K
May 2026$566K
April 2026$561K
March 2026$559K
February 2026$549K
January 2026$538K
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
220 Sarah Ct, Waterloo, IL
0.13
Single-Family Home
$465,000
08/21/25
5
3
3,028
216 Sarah Ct, Waterloo, IL
0.15
Single-Family Home
$420,000
11/07/25
4
3
2,784
1613 Ontario Dr, Waterloo, IL
0.65
Single-Family Home
$501,500
03/31/26
4
3
3,084
11 Kevin St, Waterloo, IL
0.37
Single-Family Home
$225,000
05/29/26
3
2.5
2,912
1515 New Brunswick Dr, Waterloo, IL
0.56
Single-Family Home
$366,500
05/22/26
3
3
2,571
205 Crosswinds Ct, Waterloo, IL
0.75
Single-Family Home
$478,500
06/05/26
4
3
2,869
1507 Jamie Ln, Waterloo, IL
0.26
Single-Family Home
$323,760
10/10/25
3
2
1,659
209 Crosswinds Ct, Waterloo, IL
0.76
Single-Family Home
$489,500
11/10/25
4
3
2,652
6 Dwight St, Waterloo, IL
0.51
Single-Family Home
$320,000
07/16/26
3
2
2,437
211 Vancouver Dr, Waterloo, IL
0.80
Single-Family Home
$470,000
09/03/25
4
2
2,458

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
212 W Rose Ln W, Waterloo, IL 62298
0.12
-
3
2
1,915
Off Market
220 Sarah Ct, Waterloo, IL 62298
0.13
$481,000
5
3
3,028
Off Market
216 Sarah Ct, Waterloo, IL 62298
0.15
$420,000
4
3
2,784
Recently Sold
301 Thomas Ln, Waterloo, IL 62298
0.11
$510,200
3
2.5
2,742
Off Market
209 Thomas Ln, Waterloo, IL 62298
0.22
$473,900
4
3.5
4,090
Off Market
Thomas Ln, Waterloo, IL 62298
0.22
-
-
-
-
Off Market
1507 Jamie Ln, Waterloo, IL 62298
0.26
$325,200
3
2
1,659
Off Market
1318 Rachael Ln, Waterloo, IL 62298
0.26
$241,900
2
2
1,257
Off Market
1527 Jamie Ln, Waterloo, IL 62298
0.30
$380,700
3
2
1,600
Off Market
128 Sterritt Run, Waterloo, IL 62298
0.31
$603,900
4
3.5
3,800
Off Market
135 Sterritt Run, Waterloo, IL 62298
0.35
$460,100
3
3
2,112
Off Market
108 Lucys Lndg, Waterloo, IL 62298
0.35
$507,100
3
3.5
3,031
Off Market

Local Information

  • Map ViewExplore the area around 316 Thomas Ln.
  • Schools1 Preschool School3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2012
Lot Size
0.92 acres
Living Area
3,854 sqft
Price/Sqft
$145
Parking
Garage

About this House

Beautiful 4 bedroom Waterloo home in the lovely Sterritts Run subdivision. As you approach this great home note the brick exterior, charming covered front porch, and extensive landscaping. Step inside to find french doors leading to the office on your right, and find the spacious family room on your left featuring a lovely fireplace flanked by built-in shelving. Head to the well appointed kitchen to find a large center island, granite counters, dining area, dishwasher, microwave, refrigerator, & gas range/oven. The main floor master bedroom suite boasts hardwood floor, desk area, walk-in closet & attached master bathroom w/ dual vanity, tub, and separate shower. Also on the main level find bedrooms 2 & 3, full hall bathroom, & laundry room. Step down to the finished lower level to find a sprawling family room w/ bar, 4th bedroom, full bathroom, game room, & unfinished storage area. Also noteworthy are the covered deck and 3 car side entry garage.
316 Thomas Ln, Waterloo, IL 62298 is a 4 bedroom, 3 bathroom, 3,854 sqft single-family home built in 2012. It last sold for $450,000 on Jul 7, 2022. It is currently off market. The Trulia Estimate is $559,100, with a rent estimate of $3,244/month.

Home Details for 316 Thomas Ln

Interior Features

Interior Details
BasementTypes of Rooms: Walk In Closet, Family Room, Laundry Room, Library, Master Bath, OfficeWet BarCeiling Fan
Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Hardwood
Appliances & Utilities
Cable ReadyDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Fireplace & Spa
Fireplace
Windows, Doors, Floors & Walls
Double Paned Windows
Security
Security System

Exterior Features

Exterior Home Features
Roof: AsphaltDeckExterior: Vinyl, BrickLawn
Parking & Garage
GarageParking Spaces: 3Parking: Garage Attached

Property Information

Year Built
Year Built: 2012Year Updated: 2012
Property Type / Style
Property Type: Single Family HomeArchitecture: Modern

Community

Units in Building: 1

Lot Information

Lot Area: 0.92 acres

Price and Tax history

DateEventPrice
Jul 7, 2022
Source: MARIS #22035266
Sold
$450,000
Jun 14, 2022
Source: MARIS #22035266
Contingent
$450,000
Jun 9, 2022
Source: MARIS #22035266
Listed For Sale
$450,000
Jun 22, 2020
Source: MARIS #20029258
Sold
$375,000
May 15, 2020
Source: Agent Provided
Pending
$369,900

Market trends in Waterloo

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$293K
$7.5KMoM
Sale-to-List Price
—
Price per sq ft
$165
$2MoM
Available listings
45
14MoM
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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

7 rentals with air conditioning in Waterloo, IL

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Homes for sale near 316 Thomas Ln

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Off Market Homes Near 316 Thomas Ln

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Frequently asked questions about 316 Thomas Ln

  • What is 316 Thomas Ln estimated to be worth?
    Trulia's estimated value for 316 Thomas Ln in Waterloo, IL is $559,100.
  • What is the price history for 316 Thomas Ln?
    316 Thomas Ln in Waterloo, IL last sold for $450,000 in July 2022.
  • 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 $293K. That is down $7.5K from the prior month.
  • Does 316 Thomas Ln have air conditioning?
    Yes, 316 Thomas Ln in Waterloo, IL has air conditioning.
  • Does 316 Thomas Ln have laundry facilities?
    Yes, 316 Thomas Ln in Waterloo, IL has in-unit laundry.