$145,000
OPEN SUN 1PM - 2PM

502 Mcshane Ave Waterloo, IA 50703

Estimated payment $1,035/month

2 Beds
1 Bath
1,583 Sq Ft
$92 Price per Sq Ft

Highlights

  • Deck
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Corner Lot
  • Attic Fan
  • Ceiling Fan

About This Home

This 1960 home offers 1,538 sq. ft. of living space with 2 bedrooms and 1 updated bathroom. Upon entry, a versatile front flex space works well as a formal dining room or additional living area and features sliding glass doors leading to a private wood deck. The kitchen includes a stainless steel refrigerator and a sleek stainless steel glass electric cooktop. Original hardwood floors run through the bedrooms and living room, where a large picture window fills the space with natural light. The updated bathroom features: a new vanity, mirror, shower surround, toilet, and modern storage cabinetry. A finished basement adds valuable bonus space, ideal for a family room, game room, or potential future third bedroom with the addition of an egress window. Outside, this corner-lot property offers a fully fenced yard with shade, privacy, and a large storage shed. Additional highlights include a two-stall attached garage and Ring doorbells on both the front and side doors. This home has recently been professionally cleaned and is completely move-in ready!

Listing Agent

Kristina Smith

RE/MAX Concepts - Waverly License #S617200 Listed on: 01/22/2026

RE/MAX Concepts - Waverly

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,380

Year Built

  • Built in 1960

Lot Details

  • 8,340 Sq Ft Lot
  • Lot Dimensions are 60 x 139
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Concrete Foundation
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,583 Sq Ft Home
  • Ceiling Fan
  • Attic Fan
  • Fire and Smoke Detector
  • Free-Standing Range
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Schools

  • Lincoln Elementary Waterloo
  • George Washington Carver Academy Middle School
  • East High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 891310482012

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,380

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Parcel Number: 891310482012
  • Year Built: 1960
  • Fencing: Fenced
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Lower Level
  • ResoLotFeatures: Corner Lot
  • Lot Size Acres: 0.19
  • Road Frontage Type: Paved Road
  • Road Surface Type: Crushed Rock
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: 319-352-4146
  • MLS Status: ACTIVE
  • Reso Fireplace Features: None
  • Reso Interior Features: Ceiling-Cove, Ceiling Fan(s)
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 1583
  • Special Features: OpenHouse
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Free-Standing Range, Refrigerator, Washer, Gas Water Heater
  • Basement: Block, Concrete, Partially Finished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 575
  • Flooring: Hardwood
  • BelowGradeArea: 792

Exterior Features

  • Construction Type: Vinyl Siding
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: 2 Stall, Attached Garage

Utilities

  • Cooling: Attic Fan, Ceiling Fan(s), Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Lincoln Elementary Waterloo
  • High School: East High
  • Middle Or Junior School: George Washington Carver Academy

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 60 x 139
  • Lot Size Sq Ft: 8340
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 3380

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $3,380 $150,340 $19,500 $130,840
2024 $3,380 $155,830 $19,500 $136,330
2023 $2,472 $155,830 $19,500 $136,330
2022 $2,406 $112,560 $19,500 $93,060
2021 $2,414 $112,560 $19,500 $93,060
2020 $2,178 $106,560 $13,500 $93,060
2019 $2,178 $106,560 $13,500 $93,060
2018 $2,182 $106,560 $13,500 $93,060
2017 $2,252 $106,560 $13,500 $93,060
2016 $2,220 $106,560 $13,500 $93,060
2015 $2,220 $106,560 $13,500 $93,060
2014 $1,904 $91,050 $13,500 $77,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/22/2026 01/22/26 For Sale $145,000 +35.5% $92 / Sq Ft
10/01/2019 10/01/19 Sold $107,000 -0.8% $68 / Sq Ft View Prior Sale
08/24/2019 08/24/19 Pending -- -- --
08/09/2019 08/09/19 Price Changed $107,900 -4.1% $68 / Sq Ft
06/04/2019 06/04/19 For Sale $112,500 -- $71 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed $91,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $88,270 Adjustable Rate Mortgage/ARM
Source: Public Records

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20260314

Northeast Iowa Regional Board of REALTORS®

APN: 8913-10-482-012