NOT LISTED FOR SALE

718 Wallgate Ave Waterloo, IA 50701

Edison Neighborhood

Estimated Value: $88,000 - $97,933

2 Beds
1 Bath
700 Sq Ft
$131/Sq Ft Est. Value

Last Sold February 14, 2025

Last sale price $89,000 $127 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $616/month

148 Days on Market

About This Home

As of February 2025

Cozy single story home located in a quiet neighborhood. This property offers 2 bedrooms and 1 bathroom on the main floor. Offering recent updates including fresh paint all throughout. Use your imagination and turn the unfinished basement into extra storage or a rec room. Offering a completely fenced in back yard with 80 sq ft single garage and carport. Great for investors or first time home owners.

Last Agent to Sell the Property

Mike Taylor

Lockard Realty Company License #S40482 Listed on: 08/13/2024

Co-Listed By

Lauren Jones

Lockard Realty Company License #S71404000

Last Buyer's Agent

Derick Rogers

Realty ONE Group Movement License #S69626000

Realty ONE Group Movement

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,502

Year Built

  • Built in 1928

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 40 x 125

Home Design

  • 700 Sq Ft Home
  • Concrete Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Car Garage
  • Carport

Schools

  • Fred Becker Elementary School
  • Central Middle School
  • East High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 891322332006

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,502

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Parcel Number: 891322332006
  • Year Built: 1928
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • Lot Size Acres: 0.12
  • Road Surface Type: Concrete
  • Co List Office Mls Id: NBR40
  • Co List Office Phone: 319-277-8000
  • Co List Office Phone: 319-277-8000
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 700
  • ImprovementRating: Updated
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Concrete
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 50
  • BelowGradeArea: 650

Exterior Features

  • Construction Type: Combination

Garage/Parking

  • Parking Features: 1 Stall, Carport

Utilities

  • Cooling: Window Unit(s)
  • Heating: Forced Air
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Fred Becker Elementary
  • High School: East High
  • Middle Or Junior School: Central

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 40 x 125
  • Lot Size Sq Ft: 5000
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 1501.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2024
Closed on
Feb 3, 2025
Sold by
Scarbrough Rentals Llc
Bought by
Jay Kenneth R
Seller's Agent
Mike Taylor
Lockard Realty Company
Buyer's Agent
Derick Rogers
Realty ONE Group Movement
List Price
$104,900
Sold Price
$89,000
Premium/Discount to List
-$15,900
-15.16%
Views
81
Current Estimated Value
$91,983

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,983
Avg. Annual Appreciation
3.86%
Original Mortgage
$77,600
Outstanding Balance
$77,074
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$14,909

Purchase Details

Closed on
May 6, 2008
Sold by
Federal National Mortgage Association
Bought by
Scarbrough Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,741
Interest Rate
5.87%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 23, 2005
Sold by
Posz James C and Posz Betty J
Bought by
Megivern Joseph A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,750
Interest Rate
5.61%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jay Kenneth R $89,000 Title Services
Scarbrough Dennis -- None Available
Megivern Joseph A $62,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jay Kenneth R $77,600
Previous Owner Scarbrough Dennis $146,741
Previous Owner Megivern Joseph A $60,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2025 02/14/25 Sold $89,000 -5.2% $127 / Sq Ft
01/08/2025 01/08/25 Pending -- -- --
11/14/2024 11/14/24 Price Changed $93,900 -1.1% $134 / Sq Ft
11/04/2024 11/04/24 Price Changed $94,900 -2.2% $136 / Sq Ft
10/23/2024 10/23/24 Price Changed $97,000 -2.0% $139 / Sq Ft
08/23/2024 08/23/24 Price Changed $99,000 -5.6% $141 / Sq Ft
08/13/2024 08/13/24 For Sale $104,900 -- $150 / 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 $1,630 $90,330 $12,610 $77,720
2024 $1,630 $75,130 $12,610 $62,520
2023 $1,328 $75,130 $12,610 $62,520
2022 $1,292 $60,470 $12,610 $47,860
2021 $1,260 $60,470 $12,610 $47,860
2020 $1,188 $53,300 $7,760 $45,540
2019 $1,188 $53,300 $7,760 $45,540
2018 $1,188 $53,300 $7,760 $45,540
2017 $1,224 $53,300 $7,760 $45,540
2016 $1,210 $53,300 $7,760 $45,540
2015 $1,210 $53,300 $7,760 $45,540
2014 $1,232 $53,300 $7,760 $45,540
Source: Public Records

Agents Affiliated with this Home

  • Mike Taylor

    Seller's Agent in 2025

    Mike Taylor

    Lockard Realty Company

    (319) 239-3659

    16 in this area

    135 Total Sales

    Mike Taylor
    Section Image

  • L

    Seller Co-Listing Agent in 2025

    Lauren Jones

    Lockard Realty Company

    (641) 521-0205

    9 in this area

    60 Total Sales

    Lauren Jones
    Section Image

  • D

    Buyer's Agent in 2025

    Derick Rogers

    Realty ONE Group Movement

    (319) 504-2162

    1 in this area

    79 Total Sales

    Derick Rogers
    Section Image
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20243552

Northeast Iowa Regional Board of REALTORS®

APN: 8913-22-332-006

Iowa Black Hawk County Waterloo 50701 Edison

718 Wallgate Ave, Waterloo, IA

Not Listed for Sale

Detached

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