608 Wallgate Ave Waterloo, IA 50701
Edison NeighborhoodEstimated payment $1,434/month
Highlights
- New Construction
- Forced Air Heating and Cooling System
- 1-Story Property
- 1 Car Attached Garage
- Combination Kitchen and Dining Room
- 3-minute walk to Edison Park
About This Home
Affordable new construction with room to grow! Step into a welcoming, functional floor plan designed for modern living—without stretching your budget. From the moment you walk in, you’ll love the open-concept main level featuring a bright living space and a stylish kitchen with soft-close cabinetry, solid surface countertops, ample prep space, and a built-in pantry—perfect for everyday meals or entertaining.
Just off the attached garage, you’ll find a convenient drop zone and spacious main-floor laundry, keeping life organized and efficient. The main level also includes a private primary suite with an attached bathroom, plus two additional spacious bedrooms and a full guest bathroom—ideal for families, guests, or a home office setup.
Downstairs, the unfinished basement offers endless potential! With egress windows already installed and a bathroom rough-in in place, this space is ready for future finishing to add additional bedrooms, a second living room, office space, a workout area, or recreation room—the possibilities are wide open.
Outside, enjoy a large backyard with convenient alley access, offering the perfect space for play, pets, gardening, or building your own outdoor oasis. Want even more? The seller is open to exploring options such as finishing the basement, adding an extra garage, or installing a storage shed for an additional negotiated cost.
Kitchen appliances are included, and this home may qualify for 3- or 10-year tax abatement programs—making this an incredible opportunity for buyers looking for a move-in-ready home with long-term value.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,693
Year Built
- Built in 2024 | New Construction
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 40 x 125
Parking
- 1 Car Attached Garage
Home Design
- Frame Construction
- Vinyl Siding
Interior Spaces
- 1,200 Sq Ft Home
- 1-Story Property
- Combination Kitchen and Dining Room
- Basement Fills Entire Space Under The House
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Schools
- Becker Elementary School
- Central Middle School
- East High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 891322328004
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,694 | $218,090 | $12,610 | $205,480 |
| 2024 | $2,694 | $124,160 | $12,610 | $111,550 |
| 2023 | $238 | $10,860 | $10,720 | $140 |
| 2022 | $232 | $10,880 | $10,720 | $160 |
| 2021 | $136 | $10,880 | $10,720 | $160 |
| 2020 | $134 | $5,980 | $5,820 | $160 |
| 2019 | $134 | $5,980 | $5,820 | $160 |
| 2018 | $134 | $5,980 | $5,820 | $160 |
| 2017 | $134 | $5,980 | $5,820 | $160 |
| 2016 | $132 | $5,820 | $5,820 | $0 |
| 2015 | $132 | $5,820 | $5,820 | $0 |
| 2014 | $164 | $7,090 | $5,820 | $1,270 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/16/2026 01/16/26 | For Sale | $234,900 | -- | $196 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $25,000 | -- | |
| Warranty Deed | $20,000 | Title Services Corporation |
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2600375
APN: 8913-22-328-004
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Ask me questions while you tour the home.