513 Matthews Ln, Waterloo, IL 62298
Property image
Property image
OFF MARKET
Listed by Mandy McGuire, Keller Williams Pinnacle, (618) 558-1350 . Bought with Strano & Associates

$427,800

Trulia Estimate
  • 3 Beds
  • 2.5 Baths
  • 3,114 sqft (on 1.05 acres)

513 Matthews Ln, Waterloo, IL 62298

Est. Refi. Payment $2,976/mo*
Refinance Your Home
Currently Off Market - Sold Jul 7, 2025 for $361,000

Home Value

Trulia Estimate
$428K
Since last month
$100 (0%)
Since last year
Increased$74K (+21.2%)
Since last sale
Increased$63K (+17.5%)
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 +99% in the last 10 years
MonthEstimated value
2026
September 2026$424K
August 2026$424K
July 2026$426K
June 2026$435K
May 2026$432K
April 2026$426K
March 2026$419K
February 2026$413K
January 2026$405K
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
421 Hartmann Ln, Waterloo, IL
0.16
Single-Family Home
$370,000
07/23/26
4
3
3,014
435 Paul Dr, Waterloo, IL
0.23
Single-Family Home
$440,000
05/20/26
3
3
3,100
601 Hartman Ln, Waterloo, IL
0.17
Single-Family Home
$375,000
05/29/26
5
2.5
2,962
503 Mary Dr, Waterloo, IL
0.09
Single-Family Home
$300,000
12/23/25
3
2
1,900
497 Mary Dr, Waterloo, IL
0.13
Single-Family Home
$324,900
04/03/26
3
2
1,640
450 Paul Dr, Waterloo, IL
0.31
Single-Family Home
$420,000
07/10/26
4
3.5
2,966
409 Hartmann Ln, Waterloo, IL
0.20
Single-Family Home
$297,000
11/10/25
3
2
1,318
511 Mary Dr, Waterloo, IL
0.09
Single-Family Home
$277,500
11/07/25
4
3
1,832
454 Mary Dr, Waterloo, IL
0.29
Single-Family Home
$325,000
07/15/26
4
3
2,845
409 Hartman Ln, Waterloo, IL
0.20
Single-Family Home
$290,000
07/09/26
3
2
1,318

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
511 Mary Dr, Waterloo, IL 62298
0.09
$281,200
4
3
1,832
Off Market
500 Paul Dr, Waterloo, IL 62298
0.08
$351,400
3
2.5
3,150
Off Market
503 Mary Dr, Waterloo, IL 62298
0.09
$300,000
3
2
1,900
Recently Sold
524 Paul Dr, Waterloo, IL 62298
0.14
$332,100
3
2.5
2,271
Off Market
497 Mary Dr, Waterloo, IL 62298
0.13
$324,900
3
2
1,640
Recently Sold
505 Hartman Ln, Waterloo, IL 62298
0.15
$228,700
3
1
1,377
Off Market
421 Hartmann Ln, Waterloo, IL 62298
0.16
$370,000
4
3
3,014
Recently Sold
524 Mary Dr, Waterloo, IL 62298
0.17
$320,300
3
3
2,104
Off Market
601 Hartman Ln, Waterloo, IL 62298
0.17
$375,000
5
2.5
2,962
Recently Sold
409 Hartman Ln, Waterloo, IL 62298
0.20
$290,000
3
2
1,318
Recently Sold
409 Hartmann Ln, Waterloo, IL 62298
0.20
$291,000
3
2
1,318
Off Market

Local Information

  • Map ViewExplore the area around 513 Matthews Ln.
  • Schools1 Preschool School3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1985
1.05 acre lot
3,114 sqft
$137/sqft
Garage

About this House

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). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $427,800, with a rent estimate of $2,701/month.

Home Details for 513 Matthews Ln

Active Status

MLS Status: Closed

Interior Features

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

Exterior Features

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

Days on Market

Cumulative Days on Market: 38

Property Information

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

Price & Status

Price
List Price: $350,000
Status Change & Dates
Off Market Date: Mon Jul 07 2025Possession Timing: Close Of Escrow

Location

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

Building

Building Area
Building Area: 3114 Square Feet

Community

Community Features: Street LightsNot Senior Community

HOA

Association for this Listing: Southwestern Illinois Board of REALTORSNo HOA

Lot Information

Lot Area: 1.05 Acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Conventional

Business

Business Information
Ownership: Private

Miscellaneous

BasementMls Number: 25035615Above Grade Unfinished Area: 2620Showing Requirements: Appointment Only, Lockbox, Register and Show, Showing Service

Additional Information

Street Lights

Price and Tax history

DateEventPrice
Jul 7, 2025
Source: MARIS #25035615
Sold
$361,000
Jun 4, 2025
Source: MARIS #25035615
Contingent
$350,000
May 30, 2025
Source: MARIS #25035615
Listed For Sale
$350,000

Market trends in Waterloo

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
41
4MoM

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

LGBTQ Local Legal Protections

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Frequently asked questions about 513 Matthews Ln

  • What is 513 Matthews Ln estimated to be worth?
    Trulia's estimated value for 513 Matthews Ln in Waterloo, IL is $427,800.
  • What is the price history for 513 Matthews Ln?
    513 Matthews Ln in Waterloo, IL last sold for $361,000 in July 2025.
  • Is Waterloo a buyer's or seller's market?
    Waterloo is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Waterloo?
    Residents describe Waterloo, IL as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Waterloo, IL.
  • Does 513 Matthews Ln have air conditioning?
    Yes, 513 Matthews Ln in Waterloo, IL has air conditioning.
  • Does 513 Matthews Ln have laundry facilities?
    Yes, 513 Matthews Ln in Waterloo, IL has laundry facilities.

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