Your dream acreage just minutes from town! Thoughtfully maintained acreage with outbuildings, wooded area and view of open skies and rolling fields! Ranch home boasts generous and open living spaces while offering both main-floor and lower level master bedrooms. The kitchen features attractive updated cabinetry with new countertops and features a breakfast counter for the quick meals. The dining area easily flows to the large living room where you find a spiral staircase to the lower level. A walkout from the lower level family room finds a large patio for the beautiful summer evenings. Numerous outbuildings are available on the spacious acreage to grow a successful hobby farm or just enjoy your privacy!
For sale
Price cut: $10K (7/27)
$539,900
1229 W Mount Vernon Rd, Waterloo, IA 50703
3beds
2,559sqft
Single Family Residence
Built in 1957
7.34 Acres Lot
$514,500 Zestimate®
$211/sqft
$-- HOA
What's special
Wooded areaBreakfast counter
- 83 days |
- 781 |
- 23 |
Zillow last checked:
Listing updated:
Listed by:
Michele Henze 319-231-2892,
Lockard Realty Company
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20262420
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 3/4 bathrooms: 1
Rooms
- Room types: Family Room, Primary Bedroom En Suite, Primary Bedroom, Primary Bedroom w/ Closet, Lwr Level Family Room
Other
- Level: Upper
Other
- Level: Main
Other
- Level: Lower
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Microwave, Free-Standing Range, Refrigerator
- Laundry: Lower Level
Features
- Ceiling Fan(s)
- Flooring: Hardwood
- Basement: Block,Walk-Out Access,Partially Finished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 2,559 sqft
- Finished area below ground: 1,056
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: 2 Stall, Detached Garage, Garage Door Opener, Oversized
- Carport spaces: 2
Features
- Patio & porch: Deck-Multi-Level, Deck, Patio
Lot
- Size: 7.34 Acres
- Dimensions: 7.34 acres
- Features: Wooded, School Bus Service
Details
- Additional structures: Outbuilding
- Parcel number: 901327201003
- Zoning: A
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, Vinyl Siding
- Roof: Shingle,Asphalt
Condition
- Year built: 1957
Utilities & green energy
- Sewer: Septic Tank
- Water: Private Well
Community & HOA
Location
- Region: Waterloo
Financial & listing details
- Price per square foot: $211/sqft
- Tax assessed value: $230,720
- Annual tax amount: $2,812
- Date on market: 6/1/2026
- Cumulative days on market: 84 days
- Road surface type: Gravel
Estimated market value
$514,500
$489,000 - $540,000
$2,110/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/27/2026 | Price change | $539,900-1.8%$211/sqft |
Source:  Northeast Iowa Regional BOR as distributed by MLS GRID #20262420 Report a problem | ||
| 6/1/2026 | Listed for sale | $549,900+449.9%$215/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20262420 Report a problem | ||
| 7/18/1996 | Sold | $100,000$39/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,668 +14% | $230,720 +13.7% |
| 2024 | $2,341 +2.1% | $202,890 |
| 2023 | $2,293 -2% | $202,890 +16.9% |
| 2022 | $2,340 -6.3% | $173,560 +2.1% |
| 2021 | $2,498 -3.5% | $170,010 0% |
| 2020 | $2,589 +7.7% | $170,080 |
| 2019 | $2,404 +0.2% | $170,080 +8.2% |
| 2018 | $2,398 +0% | $157,140 -8.6% |
| 2017 | $2,398 -1.5% | $171,840 -3.6% |
| 2016 | $2,434 | $178,200 |
| 2015 | $2,434 -5.5% | $178,200 -8.3% |
| 2014 | $2,576 +0.2% | $194,240 +6% |
| 2012 | $2,570 +18.2% | $183,240 |
| 2011 | $2,175 +2.8% | $183,240 +18.1% |
| 2010 | $2,117 -5.1% | $155,140 |
| 2009 | $2,230 +2.2% | $155,140 -0.7% |
| 2008 | $2,182 +12.1% | $156,290 +7.9% |
| 2007 | $1,946 +0.2% | $144,850 |
| 2006 | $1,942 +1.4% | $144,850 |
| 2005 | $1,915 +11.1% | $144,850 +27.7% |
| 2003 | $1,724 +1.4% | $113,430 |
| 2002 | $1,700 +8.7% | $113,430 +15.3% |
| 2001 | $1,564 | $98,340 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 50703
Nearby schools
GreatSchools rating
- 3/10Lincoln Elementary SchoolGrades: PK-5Distance: 4.5 mi
- 2/10George Washington Carver AcademyGrades: 6-8Distance: 4.5 mi
- 2/10East High SchoolGrades: 9-12Distance: 6 mi
Schools provided by the listing agent
- Elementary: Lincoln Elementary Waterloo
- Middle: George Washington Carver Academy
- High: East 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.
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