NOT LISTED FOR SALE

1116 Rachael St Waterloo, IA 50701

Estimated Value: $288,000 - $310,000

4 Beds
2 Baths
2,230 Sq Ft
$134/Sq Ft Est. Value

Last Sold June 17, 2024

Last sale price $309,000 $139 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,965/month

Highlights

  • In Ground Pool
  • Family Room with Fireplace
  • Covered Patio or Porch
  • Secluded Lot
  • Vaulted Ceiling
  • Beamed Ceilings

About This Home

As of June 2024

This Mid-Century Modern ranch was built in 1961 by National award-winning architect Keith Lorenzen. He used pre-stressed concrete T-beams in the floor system pure quality, comfort & durability. This unique & gorgeous home features vaulted beamed ceilings, 2 fireplaces, 4-5 bedrooms, 2 baths, covered patio, double garage, inground pool & a fabulous South Waterloo locations. Words can't describe this one-of-a-kind masterpiece, make an appointment & get inside soon!

Last Agent to Sell the Property

Colleen Tierney

RE/MAX Concepts - Cedar Falls License #S39556000 Listed on: 05/14/2024

RE/MAX Concepts - Cedar Falls

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,934

Year Built

  • Built in 1961

Lot Details

  • 0.43 Acre Lot
  • Lot Dimensions are 85 x 221
  • Secluded Lot
  • Property is zoned R-2

Parking

  • 2 Car Attached Garage

Home Design

  • Concrete Foundation
  • Block Foundation
  • Rubber Roof
  • Stone Siding
  • Siding

Interior Spaces

  • 2,230 Sq Ft Home
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Multiple Fireplaces
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector
  • Laundry on lower level

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch
  • Storage Shed

Schools

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

Utilities

  • Central Air
  • Heating System Uses Steam
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener
  • Satellite Dish

Community Details

  • Sheridan Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 881304301011

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,934

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Parcel Number: 881304301011
  • Year Built: 1961
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Lower Level
  • ResoLotFeatures: Secluded
  • Lot Size Acres: 0.43
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-266-7100
  • MLS Status: Closed
  • Subdivision Name: Sheridan Heights
  • Reso Fireplace Features: Multiple, Family Room, Living Room, Woodburning Fireplce
  • Reso Interior Features: Beamed Ceilings, Vaulted Ceiling(s), Ceiling Fan/Light, Sliding Glass Door
  • Reso Roof: Rubber
  • TotalFinishedSquareFootage: 2230
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Built-In Oven, Built-In Range, Cooktop, Dishwasher, Disposal, Microwave, Refrigerator, Satellite Dish, Gas Water Heater, Water Softener
  • Basement: Block, Concrete, Finished, Walk-Out Access
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1055
  • BelowGradeArea: 1175

Exterior Features

  • Construction Type: Brk Accent, Stone, Vertical Siding
  • Exterior Features: Patio-Covered, Pool-In Ground, Porch-Covered, Storage Shed

Garage/Parking

  • Parking Features: 2 Stall, Attached Garage

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Gas, Steam
  • 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-2
  • Lot Dimensions: 85 x 221
  • Lot Size Sq Ft: 18785
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 3933.81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2024
Closed on
Jun 17, 2024
Sold by
Johnston Donald C and Johnston Pamela R
Bought by
Rabgay Tenzin and Andrews Melissa Jenna
Seller's Agent
Colleen Tierney
RE/MAX Concepts - Cedar Falls
List Price
$294,900
Sold Price
$309,000
Premium/Discount to List
$14,100
4.78%
Views
19
Current Estimated Value
$298,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,534
Avg. Annual Appreciation
-2.63%
Original Mortgage
$278,100
Outstanding Balance
$274,598
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$23,868
Source: Public Records

Range of Values:

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Average Value
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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
Rabgay Tenzin $309,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rabgay Tenzin $278,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2024 06/17/24 Sold $309,000 +4.8% $139 / Sq Ft
05/15/2024 05/15/24 Pending -- -- --
05/14/2024 05/14/24 For Sale $294,900 -- $132 / 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 $4,600 $222,280 $38,420 $183,860
2023 $3,934 $222,280 $38,420 $183,860
2022 $3,828 $187,990 $38,420 $149,570
2021 $3,656 $187,990 $38,420 $149,570
2020 $3,592 $170,000 $31,220 $138,780
2019 $3,592 $170,000 $31,220 $138,780
2018 $3,596 $170,000 $31,220 $138,780
2017 $3,596 $170,000 $31,220 $138,780
2016 $3,658 $170,000 $31,220 $138,780
2015 $3,658 $170,000 $31,220 $138,780
2014 $3,550 $162,280 $31,220 $131,060
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Colleen Tierney

    RE/MAX

    (319) 240-8844

    62 Total Sales

    Colleen Tierney
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20241938

Northeast Iowa Regional Board of REALTORS®

APN: 8813-04-301-011

Iowa Black Hawk County Waterloo 50701

1116 Rachael St, Waterloo, IA

This home is located at 1116 Rachael St, Waterloo, IA 50701 since 14 May 2024 and is currently estimated at $298,466, approximately $133 per square foot. This property was built in 1961. 1116 Rachael St is a home located in Black Hawk County with nearby schools including Lou Henry Elementary School, Hoover Middle School, and West High School.

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.

Northeast Iowa Regional Board 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.

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