1507 Downing Ave Waterloo, IA 50701
Estimated payment $894/month
Total Views
12,675
2
Beds
1
Bath
768
Sq Ft
$176
Price per Sq Ft
Highlights
- 2 Car Detached Garage
- Forced Air Heating and Cooling System
- Ceiling Fan
- Patio
About This Home
Same owner for 60 years and they made so many wonderful memories. Now it is time for the next owners to enjoy and do the same in this sunny, economical 2-bedroom home, well located in Waterloo & close to schools and the Cedar Falls line. Beautiful wood plank floor in the Living Room and hall. Vinyl bay window and vinyl replacement windows & siding, metal insulated exterior doors on the main floor. The bedrooms are carpeted but we believe underneath are hardwood floors. Appliances included a nice fridge and gas stove. Lower level has been insulated & drywalled and is ready to create your extra living/ entertainment/or work space. Updated mechanicals, include Gas Energy Efficient furnace and water heater. Utilities including gas & electric average only $78 per month. Deep 300 ft lot (almost 4/10 acre M/L) mostly fenced & plenty of room for a large garden. Property includes an oversized 16x22 main garage, and a 14x20 extra storage garage.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,177
Year Built
- Built in 1961
Lot Details
- 0.37 Acre Lot
- Lot Dimensions are 53'x300'
- Property is zoned R-2
Parking
- 2 Car Detached Garage
Home Design
- Block Foundation
- Shingle Roof
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 768 Sq Ft Home
- Ceiling Fan
- Unfinished Basement
- Sump Pump
- Fire and Smoke Detector
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry on lower level
- Dryer
- Washer
Outdoor Features
- Patio
Schools
- Fred Becker Elementary School
- Central Middle School
- West High School
Utilities
- Forced Air Heating and Cooling System
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 891328251010
Map
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Home Values in the Area
Average Home Value in this Area
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 | $1,478 | $127,220 | $20,670 | $106,550 |
| 2024 | $1,478 | $114,070 | $20,670 | $93,400 |
| 2023 | $1,230 | $114,070 | $20,670 | $93,400 |
| 2022 | $1,176 | $94,720 | $20,670 | $74,050 |
| 2021 | $1,222 | $94,720 | $20,670 | $74,050 |
| 2020 | $1,190 | $91,540 | $17,490 | $74,050 |
| 2019 | $1,190 | $91,540 | $17,490 | $74,050 |
| 2018 | $1,190 | $91,540 | $17,490 | $74,050 |
| 2017 | $1,168 | $91,540 | $17,490 | $74,050 |
| 2016 | $1,142 | $87,840 | $17,490 | $70,350 |
| 2015 | $1,142 | $87,840 | $17,490 | $70,350 |
| 2014 | $1,182 | $87,840 | $17,490 | $70,350 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/14/2025 11/14/25 | Pending | -- | -- | -- |
| 10/30/2025 10/30/25 | For Sale | $135,000 | -- | $176 / Sq Ft |
Source: Northeast Iowa Regional Board of REALTORS®
About the Listing Agent
Rick Bauer, a Broker with RE/MAX Concepts, began work as a Real Estate Agent in 1981. Today, he has an established reputation as a Realtor founded on hard work, honesty, and knowledge of the market. Rick has gathered a team of professionals to market and sell your property… That’s 3 licensed Realtors and a transaction coordinator on your side! The team loves to assist both buyers and sellers to make the home buying and selling process easier and reduce the surprises that may arise. With over 45
Rick's Other Listings
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20255361
APN: 8913-28-251-010
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