NOT LISTED FOR SALE

518 Colby Rd Waterloo, IA 50701

Estimated Value: $213,000 - $240,000

3 Beds
2 Baths
1,858 Sq Ft
$123/Sq Ft Est. Value

Last Sold November 22, 2023

Last sale price $199,900 $108 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $1,520/month

1 Day on Market

About This Home

As of November 2023

This beautiful ranch style home was meticulously maintained over the years by one owner! It is situated on a quiet street, in a great neighborhood, surrounded by wonderful amenities, restaurants, shopping centers and schools. The main floor has been added onto and opened up to create a spacious kitchen and dining room area, which flows seamlessly into an amazing sunroom. As you make your way through the updated kitchen, you will enter the living room featuring large, updated windows! Down the hallway you will find three good sized bedrooms conveniently located by a full bathroom. The lower level is finished with loads of potential for new owner. The space is laid out with a massive family room, non-conforming bedroom, 3/4 bathroom and laundry room. Outside you will find an oversized 2 stall garage, shed for even more storage and a private yard perfect for a fire on a crisp fall night! This home is a must see; not only does it have good bones and has been well maintained, it also has many updates/upgrades to include: new roof (October 2023), solid oak trim and doors, updated kitchen and updated windows among lots of other updated odds and ends.

Last Agent to Sell the Property

Danielle Morris

Berkshire Hathaway Home Services One Realty Centre License #S614440 Listed on: 10/19/2023

Berkshire Hathaway Home Services One Realty Centre

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,661

Year Built

  • Built in 1972

Lot Details

  • 8,806 Sq Ft Lot
  • Lot Dimensions are 74x119

Parking

  • 2 Car Detached Garage

Home Design

  • 1,858 Sq Ft Home
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry on lower level

Schools

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

Utilities

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

Additional Features

  • Partially Finished Basement

Listing and Financial Details

  • Assessor Parcel Number 881304253006

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,661

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Parcel Number: 881304253006
  • Year Built: 1972
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Lower Level
  • Lot Size Acres: 0.2
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-233-7000
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 1858
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Dishwasher, Microwave, Refrigerator
  • Basement: Partially Unfinished
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 730
  • BelowGradeArea: 1128

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: 2 Stall, Detached 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: Lou Henry
  • High School: West High
  • Middle Or Junior School: Hoover Intermediate

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 74x119
  • Lot Size Sq Ft: 8806
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2661

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2023
Closed on
Nov 20, 2023
Sold by
Frick Joy M and Frick F
Bought by
Alig Peggy and Alig Mike C
Seller's Agent
Danielle Morris
Berkshire Hathaway Home Services One Realty Centre
List Price
$199,900
Sold Price
$199,900
Views
18
Current Estimated Value
$229,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,483
Avg. Annual Appreciation
7.78%
Original Mortgage
$129,900
Outstanding Balance
$128,323
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$98,726

Purchase Details

Closed on
Aug 11, 2009
Sold by
Froelich Robert E and Froelich Olive M
Bought by
Dobes Joy M and Froelich Keith A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Alig Peggy $200,000 None Listed On Document
Dobes Joy M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alig Peggy $129,900
Previous Owner Froelich Robert E $11,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2023 11/22/23 Sold $199,900 0.0% $108 / Sq Ft
10/20/2023 10/20/23 Pending -- -- --
10/19/2023 10/19/23 For Sale $199,900 -- $108 / 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 $3,038 $173,860 $28,120 $145,740
2023 $2,660 $152,010 $28,120 $123,890
2022 $2,590 $121,150 $28,120 $93,030
2021 $2,432 $121,150 $28,120 $93,030
2020 $2,394 $107,400 $21,090 $86,310
2019 $2,394 $107,400 $21,090 $86,310
2018 $2,428 $108,880 $21,090 $87,790
2017 $2,500 $108,880 $21,090 $87,790
2016 $2,470 $108,880 $21,090 $87,790
2015 $2,470 $108,880 $21,090 $87,790
2014 $2,404 $104,000 $21,090 $82,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20234462

Northeast Iowa Regional Board of REALTORS®

APN: 8813-04-253-006