707 Lorraine Ave Waterloo, IA 50702
Liberty Park NeighborhoodEstimated payment $1,690/month
Highlights
- Deck
- 2 Car Detached Garage
- Forced Air Heating and Cooling System
- Multiple Fireplaces
- Patio
- Wood Siding
About This Home
Welcome to this beautifully updated 1954 built one-level ranch nestled in the heart of the sought-after Waterloo neighborhood With approximately 2,566 sq ft of finished living space, this home boasts 4 bedrooms, 2 bathrooms, and sits on a stunning mature lot. Step inside to a spacious main-level which features a large fliving room, separate dining space, and 3 spacious bedrooms. The updated kitchen features modern finishes and ample workspace, seamlessly blending function and style. A second living room to the rear of the home is great for hosting, with a sliding glass doors that open onto a large deck — perfect for entertaining, grilling and relaxing outdoors. Downstairs, the walk-out lower level offers a versatile and ability to upgrade as you would like. Potential for an additional recreation space, ideal as a media room, play zone or home-office. The fourth bedroom and additional bathroom are available in the lower level as well. Located just minutes from local shopping, dining, and community amenities, and within the Waterloo school district attending Kittrell Elementary, Hoover Middle and West High Schools. Whether you’re seeking a comfortable family home, an entertainer’s retreat, or a smart investment property — this turnkey ranch offers a superb value in today’s market. Don’t miss the opportunity to make 707 Lorraine Ave your new address.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,813
Year Built
- Built in 1954
Lot Details
- 9,800 Sq Ft Lot
- Lot Dimensions are 70x140
- Property is zoned R-2
Parking
- 2 Car Detached Garage
Home Design
- Concrete Foundation
- Shingle Roof
- Asphalt Roof
- Wood Siding
Interior Spaces
- 3,532 Sq Ft Home
- Multiple Fireplaces
- Fireplace Features Masonry
- Laundry on lower level
Kitchen
- Free-Standing Range
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
Outdoor Features
- Deck
- Patio
Schools
- Kittrell Elementary School
- Hoover Intermediate
- West High School
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 891335329011
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 | $4,813 | $244,620 | $24,500 | $220,120 |
| 2024 | $4,434 | $221,880 | $24,500 | $197,380 |
| 2023 | $3,994 | $221,880 | $24,500 | $197,380 |
| 2022 | $3,622 | $181,830 | $24,500 | $157,330 |
| 2021 | $3,552 | $181,830 | $24,500 | $157,330 |
| 2020 | $3,488 | $168,710 | $19,250 | $149,460 |
| 2019 | $3,488 | $168,710 | $19,250 | $149,460 |
| 2018 | $3,492 | $168,710 | $19,250 | $149,460 |
| 2017 | $3,492 | $168,710 | $19,250 | $149,460 |
| 2016 | $3,554 | $168,710 | $19,250 | $149,460 |
| 2015 | $3,554 | $168,710 | $19,250 | $149,460 |
| 2014 | $3,440 | $160,840 | $19,250 | $141,590 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/01/2025 12/01/25 | Price Changed | $245,000 | -2.0% | $69 / Sq Ft | |
| 11/05/2025 11/05/25 | For Sale | $250,000 | +26.3% | $71 / Sq Ft | |
| 05/24/2022 05/24/22 | Sold | $198,000 | 0.0% | $77 / Sq Ft | View Prior Sale |
| 04/14/2022 04/14/22 | Pending | -- | -- | -- | |
| 04/01/2022 04/01/22 | For Sale | $198,000 | -- | $77 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available |
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20255464
APN: 8913-35-329-011
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