NOT LISTED FOR SALE

1902 E Schrock Rd Waterloo, IA 50701

Estimated Value: $282,000 - $819,360

3 Beds
1.5 Baths
2,444 Sq Ft
$199/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $302,000 $124 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,597/month

35 Days on Market

Highlights

  • Spa
  • Deck
  • 2 Car Attached Garage
  • RV or Boat Parking
  • Enclosed Patio or Porch
  • Landscaped

About This Home

As of February 2023

Get away from it all! Located just south of Waterloo, this great acreage opportunity comes with a newer 30X64 finished pole building- Currently an outdoor wedding venue- Willow Weddings and Event Gardens. There is another large building 40 X120 which was most recently a dog grooming/boarding business. Stepping inside, you’ll love the farmhouse look, preserving the classic finishes and adding great renovations including an updated kitchen. An expansive dining area with a connected living room boasts stunning natural light and a massive white brick mantle with an old fashioned fireplace. An attached sunroom lets in so much stunning light into the entire space with direct access to the side deck. The master bedroom and master ensuite is complete with dual vanities and a tile shower. Also on this fantastic main level is a laundry room, and an expansive garage entry mudroom. The upper level features two spacious bedrooms. The lower level is such a great addition to this wonderful home, boasting a second living room and a game area/multi-use space. This acreage on Schrock Road is such a great opportunity you won’t want to miss!

Last Agent to Sell the Property

Amy Wienands

AWRE, EXP Realty, LLC License #B34553 Listed on: 07/26/2022

AWRE, EXP Realty, LLC

Co-Listed By

Amber Schuchmann

AWRE, EXP Realty, LLC License #S60690

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,430

Year Built

  • Built in 1889

Lot Details

  • 3.32 Acre Lot
  • Landscaped

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Siding

Interior Spaces

  • 2,444 Sq Ft Home
  • Fireplace Features Masonry
  • Laundry on main level
  • Partially Finished Basement

Kitchen

  • Free-Standing Range
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • RV or Boat Parking

Outdoor Features

  • Spa
  • Deck
  • Enclosed Patio or Porch
  • Outbuilding
  • Breezeway

Schools

  • Orange Elementary School
  • Hoover Intermediate
  • West High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 881335226003

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,430

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Parcel Number: 881335226003
  • Year Built: 1889
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: 1st Floor
  • Lot Size Acres: 3.32
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • Co List Office Mls Id: NBR197
  • Co List Office Phone: 319-269-2477
  • Co List Office Phone: 319-269-2477
  • MLS Status: Closed
  • Reso Fireplace Features: One, Masonry
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 2444
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave Built In, Free-Standing Range, Refrigerator, Gas Water Heater
  • Basement: Partially Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 500
  • BelowGradeArea: 1365

Exterior Features

  • Construction Type: Vertical Siding
  • Exterior Features: Breezeway, Deck, Hot Tub, Landscaping, Outbuilding(s), Patio, Porch-4 Season, Porch-Enclosed, RV Parking, School Bus Service

Garage/Parking

  • Parking Features: 2 Stall, Attached Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Orange Elementary
  • High School: West High
  • Middle Or Junior School: Hoover Intermediate

Lot Info

  • Zoning: C
  • Lot Dimensions: 3.32 Acres
  • Lot Size Sq Ft: 144619
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 3430

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2022
Closed on
Feb 8, 2023
Sold by
Busch Travis L and Kelly Anne
Bought by
Ahavah Acres Llc
Seller's Agent
Amy Wienands
AWRE, EXP Realty, LLC
List Price
$389,000
Sold Price
$302,000
Premium/Discount to List
-$87,000
-22.37%
Views
8
Current Estimated Value
$486,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,787
Avg. Annual Appreciation
20.46%
Original Mortgage
$484,000
Outstanding Balance
$471,774
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$21,924
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
Ahavah Acres Llc $302,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2023 02/10/23 Sold $302,000 0.0% $124 / Sq Ft
11/27/2022 11/27/22 Off Market $302,000 -- --
08/30/2022 08/30/22 Pending -- -- --
08/28/2022 08/28/22 Pending -- -- --
08/15/2022 08/15/22 Price Changed $349,900 -10.1% $143 / Sq Ft
07/26/2022 07/26/22 For Sale $389,000 -- $159 / 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 $12,198 $698,400 $75,000 $623,400
2023 $3,338 $349,190 $75,000 $274,190
2022 $3,344 $258,330 $62,500 $195,830
2021 $3,308 $262,170 $62,500 $199,670
2020 $3,316 $240,330 $51,250 $189,080
2019 $3,316 $240,330 $51,250 $189,080
2018 $3,852 $240,330 $51,250 $189,080
2017 $3,852 $261,720 $51,250 $210,470
2016 $3,880 $261,720 $51,250 $210,470
2015 $3,880 $261,720 $51,250 $210,470
2014 $3,940 $261,720 $51,250 $210,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20223482

Northeast Iowa Regional Board of REALTORS®

APN: 8813-35-226-003