$300,000

1037 Rachael St Waterloo, IA 50701

Estimated payment $2,179/month

Total Views 7,621
7 Beds
3.5 Baths
3,715 Sq Ft
$81 Price per Sq Ft

Highlights

  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

Investor Special — Priced Below Assessed Value!
Bring your vision to this incredible 4-level split offering nearly 4,000 sq ft of living space, 7 bedrooms, and 4 bathrooms — perfect for investors, large households, or those needing room to grow.
The home welcomes you with a spacious entryway and an open staircase leading to six upper-level bedrooms. The large kitchen and expansive living area provide endless potential for updates and personalization. A cozy den connects to a charming greenhouse — ideal for plant lovers — and the property’s mature fruit trees and generous yard make it a gardener’s dream.
With this much square footage and priced below assessed value, this is your chance to build equity fast. Don’t miss this rare opportunity — schedule your showing today!

Listing Agent

Travis Ferguson

KW Advantage Listed on: 10/25/2025

KW Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,142

Year Built

  • Built in 1959

Lot Details

  • 0.32 Acre Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Split Level Home
  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • Multi-Level Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main

Schools

  • Lou Henry Elementary School
  • Hoover Middle School
  • West High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 881304303009

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,142

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub-Type: Single Family Residence
  • Lot Size Acres: 0.32
  • NAV29_Unit_1_Appliances: Disposal, Range, Refrigerator
  • Co List Office Phone: 563-345-6520
  • MLS Status: Active
  • Directions: On Rachael St
  • Above Grade Finished Sq Ft: 2740.0
  • Architectural Style: Split Level
  • Reso Interior Features: Main Level Primary
  • Unit Levels: Multi/Split
  • New Construction: No
  • Year Built: 1959
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Below Grade Sq Ft: 975.0

Exterior Features

  • Construction Type: Frame, Vinyl Siding

Garage/Parking

  • Garage Spaces: 2.0
  • Attached Garage: Yes
  • Parking Features: Attached, Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Forced Air, Gas
  • HeatingYN: Yes
  • Water Source: Public

Schools

  • Elementary School: Lou Henry
  • High School: West
  • Middle Or Junior School: Hoover

Lot Info

  • Lot Dimensions: 13926
  • ResoLotSizeUnits: Acres
  • Parcel Number: 881304303009

Tax Info

  • Tax Annual Amount: 7142.0

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,142 $375,140 $39,340 $335,800
2024 $7,142 $329,230 $39,340 $289,890
2023 $6,092 $329,230 $39,340 $289,890
2022 $5,930 $277,380 $39,340 $238,040
2021 $5,726 $277,380 $39,340 $238,040
2020 $5,634 $252,820 $31,960 $220,860
2019 $5,634 $252,820 $31,960 $220,860
2018 $5,636 $252,820 $31,960 $220,860
2017 $5,636 $252,820 $31,960 $220,860
2016 $5,736 $252,820 $31,960 $220,860
2015 $5,736 $252,820 $31,960 $220,860
2014 $5,360 $240,550 $31,960 $208,590
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2025 10/25/25 For Sale $300,000 -- $81 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2508879

Cedar Rapids Area Association of REALTORS®

APN: 8813-04-303-009

Iowa Black Hawk County Waterloo 50701

1037 Rachael St, Waterloo, IA

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Cedar Rapids Area Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes
Listing Agent
Travis Ferguson
Section Image
KW Advantage
(319) 343-5677