Sold for $545,000 on 12/02/25
Zestimate®
$545,000
138 W Schrock Rd, Waterloo, IA 50701
4beds
3,148sqft
Single Family Residence
Built in 1975
3 Acres Lot
$545,000 Zestimate®
$173/sqft
$2,001 Estimated rent
Home value
$545,000
$518,000 - $572,000
$2,001/mo
Zestimate® history
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Owner options
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What's special
Welcome to 138 Schrock Rd., Waterloo, IA – Your Dream Acreage Just Minutes from Town! Have you ever dreamed of owning a beautiful acreage on a hard surface road with nothing but open skies and rolling cornfields as your view? Dream no more—this stunning property offers the best of both worlds: peaceful country living with the convenience of city amenities just minutes away. Nestled on 3 pristine acres, this meticulously maintained ranch-style home boasts over 3,100 sq. ft. of finished living space, with 4 bedrooms and 3.5 bathrooms, making it ideal for families, entertaining, or even multi-generational living. Main Level Highlights: Spacious kitchen with classic oak cabinetry, new quartz countertops, and stainless steel appliances Cozy living room featuring hardwood flooring and a fireplace for those chilly Iowa evenings Convenient main floor laundry room complete with a sink and quartz counters Master suite with private bath, plus two additional bedrooms and a full hall bath Lower Level Features: Perfect as a mother-in-law suite or entertainment haven, the finished lower level includes: A second kitchen area Large family room with a second fireplace Fourth bedroom with private bath and walk-in closet Garage & Outdoor Amenities: An incredible 1,270+ sq. ft. heated attached garage, complete with workshop space and room for all your toys 895 sq. ft. deck and 1,176 sq. ft. patio—ideal for grilling, entertaining, or just relaxing under the stars A park-like backyard—a dream playground for kids and pets alike, with plenty of room to run and play Space for a garden or additional outdoor projects Location Perks: Located on a hard surface road, you're just a short drive to schools, parks, shopping, trails, and everything Waterloo has to offer—without sacrificing peace and privacy. This rare property checks all the boxes—space, updates, scenery, and location. Don’t miss your chance to own this one-of-a-kind acreage. Schedule your private showing today—you won’t be disappointed!
Zillow last checked: 8 hours ago
Listing updated: December 02, 2025 at 01:19pm
Listed by:
Jason Strelow 319-961-3000,
Berkshire Hathaway Home Services One Realty Centre
Bought with:
Carly Steiert, S70304000
AWRE, EXP Realty, LLC
Source: Northeast Iowa Regional BOR,MLS#: 20254276
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
- 1/2 bathrooms: 1
Other
- Level: Upper
Other
- Level: Main
Other
- Level: Lower
Heating
- Electric, Forced Air
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Disposal, Microwave Built In, Refrigerator, Electric Water Heater, Water Softener Owned
- Laundry: 1st Floor, Gas Dryer Hookup, Laundry Room, Washer Hookup
Features
- Ceiling Fan(s), Solid Surface Counters
- Flooring: Hardwood
- Basement: Interior Entry,Floor Drain,Finished
- Has fireplace: Yes
- Fireplace features: Multiple, Wood Burning
Interior area
- Total interior livable area: 3,148 sqft
- Finished area below ground: 1,420
Property
Parking
- Total spaces: 3
- Parking features: 3 or More Stalls, Attached Garage, Garage Door Opener, Heated Garage, Oversized, Workshop in Garage
- Has attached garage: Yes
- Carport spaces: 3
Features
- Patio & porch: Deck, Patio
- Exterior features: Garden
- Has view: Yes
Lot
- Size: 3 Acres
- Dimensions: 622x210
- Features: Landscaped, Level, Views
Details
- Parcel number: 881328476003
- Zoning: R-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Roof: Shingle,Asphalt
Condition
- Year built: 1975
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & neighborhood
Location
- Region: Waterloo
Other
Other facts
- Road surface type: Crushed Rock, Hard Surface Road
Price history
| Date | Event | Price |
|---|---|---|
| 12/2/2025 | Sold | $545,000-6.8%$173/sqft |
Source: | ||
| 10/29/2025 | Pending sale | $585,000$186/sqft |
Source: | ||
| 9/3/2025 | Listed for sale | $585,000+140.7%$186/sqft |
Source: | ||
| 8/29/2005 | Sold | $243,000$77/sqft |
Source: Public Record | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,103 +12.6% | $358,520 |
| 2023 | $3,643 +1.4% | $358,520 +27.5% |
| 2022 | $3,594 -4.1% | $281,120 |
Find assessor info on the county website
Neighborhood: 50701
Nearby schools
GreatSchools rating
- 8/10Orange Elementary SchoolGrades: PK-5Distance: 2.2 mi
- 6/10Hoover Middle SchoolGrades: 6-8Distance: 4.4 mi
- 3/10West High SchoolGrades: 9-12Distance: 4.9 mi
Schools provided by the listing agent
- Elementary: Orange Elementary
- Middle: Hoover Intermediate
- High: West High
Source: Northeast Iowa Regional BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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