1851 Downing Ave Waterloo, IA 50701
Alabar Hills NeighborhoodEstimated payment $1,093/month
About This Home
Completely move-in ready and thoughtfully updated, this charming ranch offers incredible value, stylish updates, and the opportunity to build future equity. From the moment you arrive, you'll appreciate the fresh curb appeal with updated landscaping, new shutters, and a new front storm door. Step inside to discover fresh paint throughout, abundant natural light, and a warm, inviting layout that's ready for you to call home. The spacious living room welcomes you with a beautiful bay window, while the kitchen has been refreshed with refinished and painted cabinetry, updated hardware, a new faucet, newer refrigerator, and updated light fixtures. Just off the kitchen, the stunning sunroom is sure to become your favorite space in the home. Filled with natural light and overlooking the backyard, it's the perfect place to enjoy your morning coffee, entertain guests, or simply unwind. All three bedrooms are conveniently located on the main level and feature updated closet systems and closet doors for added organization. The beautifully remodeled bathroom has been completely transformed with a custom tiled shower, updated plumbing and fixtures, a new vanity countertop and sink, refinished cabinetry, and a new toilet. The full walkout lower level offers endless possibilities. While unfinished, it provides an incredible opportunity to expand your living space and build instant equity on your own timeline, without the need to take on a major renovation before moving in. A roughed-in bathroom is already in place, making it even easier to add a half or full bath as you finish the space to fit your needs. Outside, you'll love the fully fenced backyard featuring an added privacy fence, storage shed, and custom pallet accent wall on the walkout patio. The oversized two-car carport offers exceptional covered parking and could easily be enclosed to create a tandem two-car garage. Located just down the street from the brand-new Waterloo High School, this home is situated in an area poised for continued growth and long-term value. Whether you're a first-time buyer, downsizing, or looking for a smart investment, this home offers the perfect combination of move-in-ready convenience and future potential. Major updates since 2021 include: updated landscaping; new front storm door and exterior shutters; fresh paint throughout; a fully renovated bathroom with custom tiled shower, updated plumbing, and new fixtures; refinished and painted kitchen cabinets with updated hardware; newer refrigerator; updated light fixtures throughout the main level; updated bedroom closet systems and closet doors; and a newly added privacy fence. Beautifully maintained, thoughtfully updated, and truly move-in ready, this home offers the rare opportunity to enjoy today while building even more value for tomorrow.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,576
Year Built
- Built in 1958
Lot Details
- 7,425 Sq Ft Lot
- Lot Dimensions are 55x135
- Property is zoned R-2
Parking
- Carport
Home Design
- Shingle Roof
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,414 Sq Ft Home
- Unfinished Basement
- Walk-Out Basement
Bedrooms and Bathrooms
- 3 Bedrooms
- 1 Full Bathroom
Schools
- Fred Becker Elementary School
- Central Intermediate
- West High - Waterloo
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 891328176003
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,576 | $132,660 | $17,700 | $114,960 |
| 2024 | $2,576 | $118,740 | $17,700 | $101,040 |
| 2023 | $2,210 | $118,740 | $17,700 | $101,040 |
| 2022 | $2,152 | $100,670 | $17,700 | $82,970 |
| 2021 | $2,218 | $100,670 | $17,700 | $82,970 |
| 2020 | $2,156 | $96,720 | $14,970 | $81,750 |
| 2019 | $2,156 | $96,720 | $14,970 | $81,750 |
| 2018 | $1,888 | $96,720 | $14,970 | $81,750 |
| 2017 | $1,856 | $96,720 | $14,970 | $81,750 |
| 2016 | $1,828 | $92,630 | $14,970 | $77,660 |
| 2015 | $1,828 | $92,630 | $14,970 | $77,660 |
| 2014 | $1,858 | $92,390 | $14,970 | $77,420 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/28/2026 07/28/26 | Pending | -- | -- | -- | |
| 07/28/2026 07/28/26 | For Sale | $159,900 | +68.2% | $113 / Sq Ft | |
| 04/04/2019 04/04/19 | Sold | $95,050 | 0.0% | $89 / Sq Ft | View Prior Sale |
| 03/03/2019 03/03/19 | Off Market | $95,050 | -- | -- | |
| 03/01/2019 03/01/19 | For Sale | $89,900 | -- | $84 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $95,500 | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $84,000 | New Conventional | |
| Closed | $80,792 | New Conventional |
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20263497
APN: 8913-28-176-003
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Ask me questions while you tour the home.