205 Prospect Ave, Waterloo, IA 50703

5 beds3 baths6,283 sqft Edit

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Off Market
Zestimate®: $200,237
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My Notes

MOTIVATED SELLERS.....NOW LISTED BELOW ASSESSED VALUE.......Realtors OK (3%)This Waterloo landmark was the first designed for the Highland district, designed and built by Mortimer Cleveland, consistently judged to be one of the most well designed homes in the W/CF area. Beautiful molding, tile work, and trim; pocket door; and fireplace restored to original blueprint specs with marble. Must see to apprecitate craftsmanship. Current and previous owners have restored and preserved the home, but the needed updates have been done. New driveway and all entry steps. Cherry cabinets in kitchen and six burner professional-chef stove. Main floor laundry area. Awesome new entertainment room. This home could have as many as 8 bedrooms (some non-conforming). Tons of storage (unfinished basement in addition to the 6000 finished square feet). Serious inquiries only, please. Home will be privately shown to buyers pre-approved for a home mortage of the asking price. There are three parks within walking distance and lots of kids in this National-Registered Historic neighborhood. Third floor has large, full guest area with full bath, etc, and the floor has a separate entrance. Great house at a GREAT price.  More Less 


  • Lot: 0.35 acres
  • Single Family
  • Built in 1909
  • Heating: Other
  • Last sold: Dec 2011 for $180,000


  • Fireplace
  • Parking: Off street, 1000 sqft


    • Exterior material: Brick
    • Foundation type: Concrete Block
    • Roof type: Asphalt
    • Room count: 10
    • Stories: 2


    • Floor size: 6,283 sqft
    • Heating: Other
    • Parcel #: 8912-19-376-018
    • Zillow Home ID: 76643065

    Zestimate Details

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    -$3,542 Last 30 days
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    Market guide

    Zillow predicts 50703 home values will rise 4.2% next year, compared to a 3% rise for Waterloo as a whole. Among 50703 homes, this home is valued 207.1% more than the midpoint (median) home, but is valued 54.4% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In 50703, the number of foreclosures waiting to be sold is 80% lower than in Waterloo, and 99.8% less than the national average. This lower local number could help 50703 home values rise more quickly than other regions in Waterloo.

    Learn more about forecast calculations or 50703 home values.
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      Nearby Schools in Waterloo

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      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

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