Listed by Mandy McGuire, Keller Williams Pinnacle, (618) 281-0200 . Bought with Strano & Associates
513 Matthews Ln
Waterloo, IL 62298
3 Beds
2.5 Baths
3,114 sqft (on 1.05 acres)
3 Beds
2.5 Baths
3,114 sqft
(on 1.05 acres)
Local Information
- Map ViewExplore the area around 513 Matthews Ln.
- Schools1 Preschool School3 Elementary Schools1 Middle School1 High School
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Description
Have you been searching for the opportunity to own and customize a truly one of a kind home and property? 513 Matthews Lane may just be the one you've been waiting for! Nestled back on a private lane, ample yard space & fantastic location are the first surprises you will find. This home sits on .57 acres, & Included in the sale, an additional .48 acre parcel will TOTAL 1.05+/- acres of possibilities! This one owner home was custom built & lovingly designed to show off unique architectural features, offer an abundance of entertaining space, and presents the perfect blank canvas for a creative & capable new owner to transform and update to the vast potential it shows! Over 2600+ sqft finished this true 2 story offers 3 large bedrooms, 2 full & one half baths, massive entertaining areas on main level, loads of potential for the creative dreamer to refresh its original modern design and bring all your customized visions to life! New roof 2024, *Dishwasher does not work", Priced accordingly to conceptual renovations and updating Buyers will likely want to do. Home is being "Sold AS IS Only" Estate sale ( POA) * cash or Conventional loan type only. AS IS SALE. Possibilities are endless, opportunity is rare!
513 Matthews Ln, Waterloo, IL 62298 is a 3 bedroom, 3 bathroom, 3,114 sqft single-family home built in 1985. It last sold for $361,000 on Jul 7, 2025 (3% above the $350,000 asking price). It is currently off market. The Trulia Estimate is $445,500, with a rent estimate of $2,667/month.
Home Highlights
Parking
Garage
Outdoor
Porch, Deck
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 513 Matthews Ln
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MLS Status: Closed |
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Interior Details Basement: Concrete,Partially Finished,Full,UnfinishedNumber of Rooms: 10Types of Rooms: Primary Bedroom, Bedroom, Primary Bathroom, Bathroom, Dining Room, Family Room, Kitchen, Laundry, Living Room, Loft, Other |
Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1Number of Bathrooms (main level): 1 |
Dimensions and Layout Living Area: 3114 Square Feet |
Appliances & Utilities Appliances: Range Hood, Electric RangeLaundry: In Basement |
Heating & Cooling Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Number of Fireplaces: 2Fireplace: Bath, Family Room, Masonry, Master Bedroom, Wood BurningHas a Fireplace |
Windows, Doors, Floors & Walls Window: Skylight(s)Door: Panel Door(s)Flooring: Carpet, Linoleum |
Levels, Entrance, & Accessibility Levels: One and One HalfFloors: Carpet, Linoleum |
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Exterior Home Features Roof: Architectural ShinglePatio / Porch: Deck, Front Porch, PorchFencing: NoneExterior: Lighting, Private Yard |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas Open ParkingParking Spaces: 2Parking: Additional Parking,Asphalt,Attached,Driveway,Garage,Garage Door Opener,Garage Faces Front,Inside Entrance,Off Street,Private |
Pool Pool: None |
Frontage Road Frontage: City StreetRoad Surface Type: Chip And SealNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 2620 Square FeetFinished Area (below surface): 494 |
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Cumulative Days on Market: 38 |
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Year Built Year Built: 1985 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: HouseArchitecture: Traditional |
Building Building: Basement, Bathrooms, Kitchen Facilities, LightingConstruction Materials: Wood SidingNot a New ConstructionAttached To Another StructureDoes Not Include Home Warranty |
Property Information Parcel Number: 0725381009000 |
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Price List Price: $350,000 |
Status Change & Dates Off Market Date: Mon Jul 07 2025Possession Timing: Close Of Escrow |
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Direction & Address City: WaterlooCommunity: Pheasant Hill Sub |
School Information Elementary School: Waterloo Dist 5Jr High / Middle School: Waterloo Dist 5High School: WaterlooHigh School District: Waterloo DIST 5 |
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Building Area Building Area: 3114 Square Feet |
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Community Features: Street LightsNot Senior Community |
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Association for this Listing: Southwestern Illinois Board of REALTORSNo HOA |
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Lot Area: 1.05 Acres |
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Special Conditions: Standard |
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Listing Terms: Cash, Conventional |
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Business Information Ownership: Private |
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BasementMls Number: 25035615Above Grade Unfinished Area: 2620Showing Requirements: Appointment Only, Lockbox, Register and Show, Showing Service |
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Street Lights |
Last check for updates: about 10 hours ago
Listed by Mandy McGuire, (618) 558-1350
Keller Williams Pinnacle
Bought with: Karen Whelan, (618) 779-0744, Strano & Associates
Originating MLS: Southwestern Illinois Board of REALTORS
Source: MARIS, MLS#25035615
Price History for 513 Matthews Ln
| Date | Price | Event | Source |
|---|---|---|---|
| 07/07/2025 | $361,000 | Sold | MARIS #25035615 |
| 06/04/2025 | $350,000 | Contingent | MARIS #25035615 |
| 05/30/2025 | $350,000 | Listed For Sale | MARIS #25035615 |
Market trends in Waterloo
Last updated May 2026
Avg. sale price
$331K
Sale-to-List Price
—
Price per sq ft
$178
Available listings
48
13MoM
- Results are loading
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $4,656 |
| Assessment | $337,080 |
Home facts updated by county records
Comparable Sales for 513 Matthews Ln
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.08 | Single-Family Home | $344,900 | 08/18/25 | 3 | 2.5 | 3,150 | |
0.23 | Single-Family Home | $440,000 | 05/20/26 | 3 | 3 | 3,100 | |
0.17 | Single-Family Home | $375,000 | 05/29/26 | 5 | 2.5 | 2,962 | |
0.09 | Single-Family Home | $300,000 | 12/23/25 | 3 | 2 | 1,900 | |
0.13 | Single-Family Home | $324,900 | 04/03/26 | 3 | 2 | 1,640 | |
0.20 | Single-Family Home | $297,000 | 11/10/25 | 3 | 2 | 1,318 | |
0.20 | Single-Family Home | $297,000 | 11/12/25 | 3 | 2 | 1,318 | |
0.09 | Single-Family Home | $277,500 | 11/07/25 | 4 | 3 | 1,832 | |
0.36 | Single-Family Home | $370,000 | 06/02/26 | 4 | 3 | 3,449 | |
0.22 | Single-Family Home | $300,000 | 10/03/25 | 3 | 2 | 1,530 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.
SOLDMAY 29, 2026Keller Williams Pinnacle
Assigned Schools
These are the assigned schools for 513 Matthews Ln.
- Rogers Elementary School
- 2-3
- Public
- 415 Students
10/10GreatSchools RatingParent Rating AverageRogers met all of our expectations. Our daughter was challenged and motivated and surrounded by staff who encouraged her in every aspect of her education. Although I've only had brief encounters with him, my daughter could never say enough about her principal (which to me says a lot about his level of involvement with the students!) We used Great Schools to choose which town to settle in when we relocated to the St. Louis area for work and could not be more pleased with our decision.Parent Review10y ago - Waterloo Junior High School
- 6-8
- Public
- 610 Students
7/10GreatSchools RatingParent Rating Average
No reviews available for this school. - Waterloo High School
- 9-12
- Public
- 842 Students
6/10GreatSchools RatingParent Rating AverageThe teachers, staff, and administrators have been wonderful in helping all students, including student with disabilities and special needs. The school is very accommodating and follows the plan for students’ individual needs. My son has thrived and improved so much over the years while being in the Waterloo school district!Parent Review1y ago - W J Zahnow Elementary School
- PK-1
- Public
- 476 Students
NAGreatSchools RatingParent Rating AverageI was nervous moving to a small town, as everyone knows everyone and wondered if this would reflect as a hindrance for my oldest in Kinder. When they started school, they were immediately welcomed, and the last 2 years have been phenomenal. Teachers have been transparent in what they teach, what children may need assistance with, and the plan to get them where they need to be. My child has truly excelled here! Definitely recommend, especially families of young ones.Parent Review2y ago - Gardner Elementary School
- 4-5
- Public
- 372 Students
6/10GreatSchools RatingParent Rating AverageNo reviews available for this school. 
Check out schools near 513 Matthews Ln.
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.
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