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Off market
  • $321,400

    242 Prospect Ave, Waterloo, IA 50703

    5beds
    3,750sqft
    SingleFamily
    Built in 1923
    0.35 Acres Lot
    $321,400 Zestimate®
    $86/sqft
    $2,179 Estimated rent

    Home value

    $321,400

    $292,000 - $357,000

    $2,179/mo

    Zestimate® history
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    Rent Zestimate®

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    $2,096/mo

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    $2,096/mo

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    What's special

    Highland is the only Historical neighborhood in the Cedar Valley, this home is a rare find where high style meets historical sophistication with some updated touches. Mortimer Cleveland was the architect for this Italian Renaissance home which is difficult to find Waterloo. Discover many distinctive features only found is homes built in the early 1920's. Updates include high energy efficient heating, central cooling on 2nd & 3rd levels, plus newer roof and electric update. The living room with fireplace, dining room and library which features floor to ceiling shelving and windows are filled with character. You will find quarry tile in main floor solarium plus french doors and access to the park like back yard. The gourmet kitchen is spacious with custom cabinetry, stainless appliances and half bath. Three garage stalls both attached/detached with alley access plus covered parking and fenced yard set this home apart. The master suite includes a walk-in closet and a private shower. The second floor offers a unique second solarium used as office space that provides privacy and tons of natural sunlight. The second floor also features three additional bedrooms and two full bathrooms plus a 5th private bedroom on 3rd floor dormer has walkin closet. You will love the lower level family space that offers access to the private outdoors and laundry room, half bath and tons of storage. There is room to roam in this historical beauty. The south facing double lot exterior backyard space includes a unique outdoor living area complete with a bricked patio pergola, deck with raised seating and a garden plus unique landscaping and basketball court. This Historical home will amaze you! The neighborhood is complete with 2 parks including tennis/basketball courts. The center park know as Little Highland Park is the sight of many neighborhood events sponsored by the association which is the oldest established association in Waterloo and includes Easter egg hunts, Christmas tree lighting with Santa and the best Halloween ever, street dance with live band and picnics, gatherings and option monthly meetings. Seller is a license broker in the state of Iowa

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard, Forced air, Radiant, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Hardwood
    • Basement: Partially finished
    • Has fireplace: Yes
    • Fireplace features: masonry
    Interior area
    • Total interior livable area: 3,750 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Carport, Garage - Attached, Garage - Detached
    Features
    • Exterior features: Brick
    • Has view: Yes
    • View description: Park
    Lot
    • Size: 0.35 Acres
    Details
    • Parcel number: 891219379004

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • brick
    • Foundation: Other
    • Roof: Asphalt
    Condition
    • Year built: 1923

    Community & neighborhood

    Location
    • Region: Waterloo

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $2 monthly

    Price history

    DateEventPrice
    10/23/2020Sold$220,000+2.3%$59/sqft
    Source: Northeast Iowa Regional BOR #20201880
    9/10/2020Pending sale$215,000$57/sqft
    Source: Oakridge Real Estate #20201880
    7/27/2020Price change$215,000-4.4%$57/sqft
    Source: Oakridge Real Estate #20201880
    4/23/2020Listed for sale$225,000+4.7%$60/sqft
    Source: Oakridge Real Estate #20201880
    4/14/2016Sold$215,000$57/sqft
    Source: Public Record

    Public tax history

    YearProperty taxesTax assessment
    2024$5,871 +26.6%$304,220
    2023$4,639 -1.4%$304,220 +38.2%
    2022$4,706 +0.2%$220,080

    Find assessor info on the county website

    Neighborhood: Highland

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Highland Elementary
    • Middle: George Washington Carver Academy
    • High: East High

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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