627 Downing Ave Waterloo, IA 50701
Estimated payment $429/month
About This Home
Welcome to this affordable and well-located 2-bedroom, 1-bathroom home, offering comfort, convenience, and excellent potential for both owner-occupants and investors alike. Situated in a central location close to schools, parks, shopping, and major routes, this property delivers everyday ease at a price that’s hard to find. Whether you’re looking for a budget-friendly home or a reliable investment opportunity, this property checks all the boxes.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,387
Year Built
- Built in 1929
Lot Details
- 0.49 Acre Lot
- Lot Dimensions are 72.00 x 297.00
- Property is zoned A-1
Parking
- 1 Car Garage
Home Design
- Block Foundation
- Asphalt Roof
- Wood Siding
Interior Spaces
- 651 Sq Ft Home
- Ceiling Fan
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Schools
- Fred Becker Elementary School
- Central Intermediate
- East High School
Listing and Financial Details
- Assessor Parcel Number 891327151009
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 | $1,388 | $72,510 | $28,080 | $44,430 |
| 2024 | $1,388 | $63,950 | $28,080 | $35,870 |
| 2023 | $1,210 | $63,950 | $28,080 | $35,870 |
| 2022 | $1,178 | $55,120 | $28,080 | $27,040 |
| 2021 | $1,004 | $55,120 | $28,080 | $27,040 |
| 2020 | $988 | $44,320 | $17,280 | $27,040 |
| 2019 | $988 | $44,320 | $17,280 | $27,040 |
| 2018 | $988 | $44,320 | $17,280 | $27,040 |
| 2017 | $1,018 | $44,320 | $17,280 | $27,040 |
| 2016 | $1,006 | $44,320 | $17,280 | $27,040 |
| 2015 | $1,006 | $44,320 | $17,280 | $27,040 |
| 2014 | $1,024 | $44,320 | $17,280 | $27,040 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/30/2025 12/30/25 | Price Changed | $59,900 | -7.7% | $92 / Sq Ft |
| 12/12/2025 12/12/25 | For Sale | $64,900 | -- | $100 / Sq Ft |
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20255914
APN: 8913-27-151-009
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