NOT LISTED FOR SALE

1045 Colby Rd Waterloo, IA 50701

Estimated Value: $334,000 - $376,000

3 Beds
2 Baths
2,462 Sq Ft
$142/Sq Ft Est. Value

Last Sold June 07, 2023

Last sale price $330,000 $134 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,363/month

12 Days on Market

Highlights

  • Deck
  • 3 Car Attached Garage
  • Central Air
  • Cul-De-Sac
  • Patio

About This Home

As of June 2023

With its stunning curb appeal and convenient cul-de-sac location, this home is the one you've been waiting for! A vaulted entryway provides plenty of landing space for guests and family. On the main floor, you'll love the open living, dining, and kitchen areas that make entertaining easy. The beautiful kitchen boasts loads of cabinet and counter space, stainless appliances, and access to the spacious composite deck, making summer outdoor meal prep a breeze! Beyond the open living areas, you'll find 3 bedrooms and a full bath. The master bedroom houses a vanity and walk-in closet area that leads the to full bath, as well as deck access. Downstairs is wide-open and full of possibility! Heated floors make this space warm and inviting as a second hangout area. The walk-out basement and daylight windows provide loads of light. An office, full bath, and storage complete the lower level. The 3-stall garage, basketball hoop, and irrigation system make the exterior of the home a dream, also. Don't miss your chance to snag this wonderful Waterloo home!

Last Agent to Sell the Property

Luke Bartlett

Oakridge Real Estate License #S6323300 Listed on: 03/20/2023

Oakridge Real Estate

Co-Listed By

Rebecca Bartlett

Oakridge Real Estate License #S6361300

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,053

Year Built

  • Built in 2002

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 70x125x123
  • Cul-De-Sac

Parking

  • 3 Car Attached Garage

Home Design

  • 2,462 Sq Ft Home
  • Asphalt Roof
  • Vinyl Siding

Kitchen

  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on lower level

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Partially Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 881304478034

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,053

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Parcel Number: 881304478034
  • Year Built: 2002
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Lower Level
  • ResoLotFeatures: Cul-De-Sac
  • Lot Size Acres: 0.28
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • Co List Office Mls Id: NBR49
  • Co List Office Phone: 319-277-5005
  • Co List Office Phone: 319-277-5005
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 2462
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave Built In
  • Basement: Partially Finished
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1100
  • BelowGradeArea: 1362

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Deck, Patio

Garage/Parking

  • Parking Features: 3 or More Stalls, Attached Garage

Utilities

  • Cooling: Central Air
  • Heating: Gas
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

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

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 70x125x123
  • Lot Size Sq Ft: 11993
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 5053

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2023
Closed on
Jun 1, 2023
Sold by
Borkowitz Robert R and Borkowitz Karen B
Bought by
Obic Edis and Obic Nihada
Seller's Agent
Luke Bartlett
Oakridge Real Estate
List Price
$340,000
Sold Price
$330,000
Premium/Discount to List
-$10,000
-2.94%
Views
143
Current Estimated Value
$348,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,884
Avg. Annual Appreciation
2.42%
Original Mortgage
$313,500
Outstanding Balance
$305,178
Interest Rate
6.43%
Mortgage Type
Construction
Estimated Equity
$43,706

Purchase Details

Closed on
Jan 15, 2010
Sold by
Schuchmann Michael P and Schuchmann Amber J
Bought by
Borkowitz Robert R and Borkowitz Karen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2005
Sold by
Sui Aiping and Xu Wei
Bought by
Schuchmann Michael P and Schuchmann Amber J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,250
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Obic Edis $330,000 None Listed On Document
Borkowitz Robert R $255,000 None Available
Schuchmann Michael P $255,000 Title Services Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Obic Edis $313,500
Previous Owner Borkowitz Robert R $192,000
Previous Owner Schuchmann Michael P $38,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2023 06/07/23 Sold $330,000 -2.9% $134 / Sq Ft
04/01/2023 04/01/23 Pending -- -- --
03/20/2023 03/20/23 For Sale $340,000 -- $138 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

Tax History Compared to Growth

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
2024 $6,076 $290,290 $33,920 $256,370
2023 $4,996 $288,840 $33,920 $254,920
2022 $4,862 $236,370 $33,920 $202,450
2021 $4,622 $236,370 $33,920 $202,450
2020 $4,542 $212,640 $24,800 $187,840
2019 $4,542 $212,640 $24,800 $187,840
2018 $4,508 $210,900 $24,800 $186,100
2017 $4,648 $210,900 $24,800 $186,100
2016 $4,586 $210,900 $24,800 $186,100
2015 $4,586 $210,900 $24,800 $186,100
2014 $4,436 $200,560 $24,800 $175,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20230977

Northeast Iowa Regional Board of REALTORS®

APN: 8813-04-478-034