Investor Special — Priced Below Assessed Value! Bring your vision to this incredible 4-level split offering nearly 4,000 sq ft of living space, 7 bedrooms, and 4 bathrooms — perfect for investors, large households, or those needing room to grow. The home welcomes you with a spacious entryway and an open staircase leading to six upper-level bedrooms. The large kitchen and expansive living area provide endless potential for updates and personalization. A cozy den connects to a charming greenhouse — ideal for plant lovers — and the property’s mature fruit trees and generous yard make it a gardener’s dream. With this much square footage and priced below assessed value, this is your chance to build equity fast. Don’t miss this rare opportunity — schedule your showing today!
For sale
$300,000
1037 Rachael St, Waterloo, IA 50701
7beds
3,715sqft
Est.:
Single Family Residence
Built in 1959
0.32 Acres Lot
$285,400 Zestimate®
$81/sqft
$-- HOA
What's special
Spacious entrywayCharming greenhouseGenerous yardMature fruit treesLarge kitchenOpen staircase
- 167 days |
- 755 |
- 17 |
Zillow last checked: 7 hours ago
Listing updated: October 30, 2025 at 04:01am
Listed by:
Travis Ferguson 515-661-1202,
KW 1Advantage
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20255270
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 2
Other
- Level: Upper
Other
- Level: Main
Other
- Level: Lower
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Cooktop, Refrigerator
Features
- Basement: Partially Finished
- Has fireplace: Yes
- Fireplace features: One, Wood Burning
Interior area
- Total interior livable area: 3,715 sqft
- Finished area below ground: 975
Property
Parking
- Total spaces: 2
- Parking features: 2 Stall, Attached Garage
- Has attached garage: Yes
- Carport spaces: 2
Lot
- Size: 0.32 Acres
- Dimensions: 13936
Details
- Parcel number: 881304303009
- Zoning: R1-SF
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- Year built: 1959
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Waterloo
Financial & listing details
- Price per square foot: $81/sqft
- Tax assessed value: $375,140
- Annual tax amount: $7,142
- Date on market: 10/25/2025
- Cumulative days on market: 168 days
Estimated market value
$285,400
$271,000 - $300,000
$3,113/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/25/2025 | Price change | $300,000-14%$81/sqft |
Source:  CRAAR, CDRMLS #2508879 Report a problem | ||
| 8/7/2025 | Listed for sale | $349,000+75.4%$94/sqft |
Source: Owner Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 10/19/2019 | Listing removed | $199,000$54/sqft |
Source: Owner Report a problem | ||
| 5/30/2019 | Listed for sale | $199,000-9.5%$54/sqft |
Source: Owner Report a problem | ||
| 10/1/2018 | Listing removed | $220,000$59/sqft |
Source: Oakridge Realtors #20183518 Report a problem | ||
| 6/29/2018 | Listed for sale | $220,000+20.2%$59/sqft |
Source: Oakridge Realtors #20183518 Report a problem | ||
| 12/17/2004 | Sold | $183,000$49/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,142 +8.5% | $375,140 +13.9% |
| 2024 | $6,580 +8% | $329,230 |
| 2023 | $6,092 +2.7% | $329,230 +18.7% |
| 2022 | $5,931 +3.6% | $277,380 |
| 2021 | $5,726 +1.6% | $277,380 +9.7% |
| 2020 | $5,634 -0.9% | $252,820 |
| 2019 | $5,683 +0.8% | $252,820 |
| 2018 | $5,637 +0% | $252,820 |
| 2017 | $5,636 -1.7% | $252,820 |
| 2016 | $5,736 | $252,820 |
| 2015 | $5,736 +9.9% | $252,820 +5.1% |
| 2014 | $5,218 -2.2% | $240,550 -4.9% |
| 2012 | $5,336 +3% | $252,820 |
| 2011 | $5,179 +3.3% | $252,820 +1.1% |
| 2010 | $5,014 +2.8% | $249,970 |
| 2009 | $4,878 +22.7% | $249,970 |
| 2008 | $3,975 +1.9% | $249,970 +28.5% |
| 2007 | $3,900 -0.5% | $194,520 +0.2% |
| 2006 | $3,919 -5.9% | $194,040 |
| 2005 | $4,163 +5.8% | $194,040 +10.6% |
| 2003 | $3,934 +1.7% | $175,410 |
| 2002 | $3,869 +10.7% | $175,410 +18% |
| 2001 | $3,495 | $148,650 |
Find assessor info on the county website
Monthly payment
Est. payment
$1,895/mo
Principal & interest
$1547
Property taxes
$348
More affordability tools
Climate risks
Neighborhood: 50701
Nearby schools
GreatSchools rating
- 3/10Lou Henry Elementary SchoolGrades: K-5Distance: 0.5 mi
- 6/10Hoover Middle SchoolGrades: 6-8Distance: 0.6 mi
- 3/10West High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Lou Henry
- Middle: Hoover Intermediate
- High: West High
Source: Northeast Iowa Regional BOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 50701
- Iowa
- Black Hawk County
- Waterloo
- 50701
- 1037 Rachael St
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