NOT LISTED FOR SALE

511 Olympic Dr Waterloo, IA 50701

Estimated Value: $413,000 - $545,000

5 Beds
3.5 Baths
3,360 Sq Ft
$135/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $368,000 $110 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $3,108/month

67 Days on Market

Highlights

  • Corner Lot
  • Screened Porch
  • Tandem Parking
  • Granite Countertops
  • 3 Car Attached Garage
  • 4-minute walk to Paulsen Park

About This Home

As of October 2022

Classic corner lot two story brought into the modern era! This brick house was all original two years ago with floral wallpaper and pink carpet covering every square inch. Now it's a modernized beauty with a completely redesigned floor plan, brand new kitchen, updated bathrooms, a finished basement, flooring, trim, paint, light fixtures, new electrical panel, and a lot of landscaping! The 80s style two story had multiple closed off rooms on the main floor that didn't give it an open feel. We rearranged the walls to open up the space and make it flow much better from living space to living space. We also added a mud room off the garage to give the secondary living room a more private feel and create a good place to store shoes and coats. No expense was spared in the kitchen. We completely changed the original layout to create a much larger, more open, kitchen. We installed the highest end cabinets, granite, and quartz available which goes perfectly with the beautiful backsplash and fixtures. The kitchen also gained substantial storage space with the built in pantry providing an additional 36 square feet of storage. The basement now has almost 700 square feet of livable space including two large multi use rooms with a brand new 3/4 bathroom and a roughed in wet bar that is ready to be set up! There is also a fully finished hallway that leads to the walkout door into the back yard. The owner is a licensed Realtor in the states of Iowa & Florida. The owner is the listing agent.

Last Agent to Sell the Property

Elliott Halsch

Lockard Realty Company License #S66174 Listed on: 07/19/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,401

Year Built

  • Built in 1983

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 135x103
  • Landscaped
  • Corner Lot

Home Design

  • Brick Exterior Construction
  • Concrete Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 3,360 Sq Ft Home
  • Multi-Level Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Pocket Doors
  • Living Room with Fireplace
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Microwave
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Partially Finished Basement

  • Walk-Out Basement
  • Sump Pump

Parking

  • 3 Car Attached Garage
  • Heated Garage
  • Workshop in Garage
  • Tandem Parking
  • Garage Door Opener

Schools

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

Utilities

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

Community Details

  • Built by Joe Minard Construction

Listing and Financial Details

  • Assessor Parcel Number 881304379004

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,401

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Parcel Number: 881304379004
  • Year Built: 1983
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: 2nd Floor, Laundry Room
  • ResoLotFeatures: Corner Lot
  • Lot Size Acres: 0.32
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-277-8000
  • MLS Status: Closed
  • Architectural Style: Multi-Level
  • Reso Fireplace Features: One, Living Room, Woodburning Fireplce
  • Reso Interior Features: Ceiling Fan(s), Ceiling Fan/Light, Granite Counters, Solid Surface Counters, Pantry, Pocket Doors, Sliding Glass Door
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 3360
  • ImprovementRating: Updated,Remodeled
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Dryer, Disposal, Microwave, Sump Pump, Washer, Gas Water Heater
  • Basement: Concrete, Floor Drain, Walk-Out Access, Partially Unfinished
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 672
  • BelowGradeArea: 1152

Exterior Features

  • Construction Type: Brick
  • Exterior Features: Sidewalk, Landscaping, Patio-Covered, Porch-3 Season, Porch-Covered, Porch Screened

Garage/Parking

  • Parking Features: 3 or More Stalls, Attached Garage, Garage Door Opener, Heated Garage, Oversized, Tandem, Workshop in Garage

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Gas
  • 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-1
  • Lot Dimensions: 135x103
  • Lot Size Sq Ft: 13905
  • Additional Parcels: No

Building Info

  • Builder Name: Joe Minard Construction

Tax Info

  • Tax Annual Amount: 6401.47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2022
Closed on
Oct 20, 2022
Sold by
Halsch Elliott P
Bought by
Shen Andrew T
Seller's Agent
Elliott Halsch
Lockard Realty Company
List Price
$425,000
Sold Price
$368,000
Premium/Discount to List
-$57,000
-13.41%
Current Estimated Value
$454,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,049
Avg. Annual Appreciation
6.74%
Original Mortgage
$294,400
Outstanding Balance
$249,793
Interest Rate
5.21%
Mortgage Type
New Conventional
Estimated Equity
$204,256

Purchase Details

Listed on
May 5, 2020
Closed on
Jun 30, 2020
Sold by
Griffith Edwin H and Griffith Sandra
Bought by
Halsch Elliott P
Seller's Agent
Jo Johnson
RE/MAX Concepts - Waterloo
List Price
$225,000
Sold Price
$225,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.32%
Original Mortgage
$7,875
Interest Rate
2.54%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Shen Andrew T $368,000 --
Halsch Elliott P $225,000 Title Services Corporation
Halsch Elliott P $225,000 Title Services Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shen Andrew T $294,400
Previous Owner Halsch Elliott P $7,875
Previous Owner Halsch Elliott P $220,924
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2022 10/21/22 Sold $368,000 -1.9% $110 / Sq Ft
09/24/2022 09/24/22 Pending -- -- --
09/16/2022 09/16/22 Price Changed $375,000 -0.8% $112 / Sq Ft
09/13/2022 09/13/22 Price Changed $378,000 -0.5% $113 / Sq Ft
09/06/2022 09/06/22 Price Changed $380,000 -0.7% $113 / Sq Ft
09/01/2022 09/01/22 Price Changed $382,500 -0.9% $114 / Sq Ft
08/23/2022 08/23/22 Price Changed $385,900 -1.1% $115 / Sq Ft
08/17/2022 08/17/22 Price Changed $390,000 -2.3% $116 / Sq Ft
08/11/2022 08/11/22 Price Changed $399,000 -0.2% $119 / Sq Ft
08/02/2022 08/02/22 Price Changed $399,999 -3.6% $119 / Sq Ft
07/22/2022 07/22/22 Price Changed $415,000 -2.4% $124 / Sq Ft
07/19/2022 07/19/22 For Sale $425,000 +88.9% $126 / Sq Ft
07/17/2020 07/17/20 Sold $225,000 0.0% $84 / Sq Ft View Prior Sale
05/12/2020 05/12/20 Pending -- -- --
05/05/2020 05/05/20 For Sale $225,000 -- $84 / 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
2025 $8,802 $478,110 $41,310 $436,800
2024 $8,802 $415,980 $41,310 $374,670
2023 $5,140 $415,980 $41,310 $374,670
2022 $5,004 $234,000 $41,310 $192,690
2021 $6,402 $234,000 $41,310 $192,690
2020 $6,298 $282,630 $33,570 $249,060
2019 $6,298 $282,630 $33,570 $249,060
2018 $6,302 $282,630 $33,570 $249,060
2017 $6,294 $282,630 $33,570 $249,060
2016 $6,214 $282,630 $33,570 $249,060
2015 $6,214 $282,630 $33,570 $249,060
2014 $6,014 $268,790 $33,570 $235,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20223382

Northeast Iowa Regional Board of REALTORS®

APN: 8813-04-379-004