This charming and affordable home is full of potential and ready for its next owner! This two bedroom, one bathroom property offers a cozy layout with plenty of opportunity to make it your own. Situated on a spacious lot giving you a half acre, there’s room to garden, add outdoor living space, or expand in the future. Whether you’re a first-time buyer, investor, or someone looking for a budget-friendly home with character, this property is a great find. Don’t miss the chance to turn potential into value! Schedule your tour today!
For sale
Price cut: $4.9K (1/22)
$85,000
3121 Gilbertville Rd, Waterloo, IA 50707
2beds
572sqft
Est.:
Single Family Residence
Built in 1953
0.49 Acres Lot
$-- Zestimate®
$149/sqft
$-- HOA
What's special
Cozy layoutRoom to garden
- 91 days |
- 688 |
- 39 |
Zillow last checked: 7 hours ago
Listing updated: March 29, 2026 at 10:09am
Listed by:
Amy Wienands 319-269-2477,
AWRE, EXP Realty, LLC,
Andrea Martinson 319-215-0238,
AWRE, EXP Realty, LLC
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20256142
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Other
- Level: Upper
Other
- Level: Main
Other
- Level: Lower
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 572 sqft
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 1
- Parking features: 1 Stall, Detached Garage
- Carport spaces: 1
Lot
- Size: 0.49 Acres
- Dimensions: .49 Acres
Details
- Has additional parcels: Yes
- Parcel number: 881209226031
- Zoning: R-S
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Shingle,Asphalt
Condition
- Year built: 1953
Utilities & green energy
- Sewer: Septic Tank
- Water: Shared Well
Community & HOA
Location
- Region: Waterloo
Financial & listing details
- Price per square foot: $149/sqft
- Tax assessed value: $61,660
- Annual tax amount: $623
- Date on market: 12/31/2025
- Cumulative days on market: 93 days
- Road surface type: Concrete
Estimated market value
Not available
Estimated sales range
Not available
$775/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/22/2026 | Price change | $85,000-5.5%$149/sqft |
Source: | ||
| 12/31/2025 | Listed for sale | $89,900+16.8%$157/sqft |
Source: | ||
| 4/19/2024 | Sold | $77,000-15.3%$135/sqft |
Source: | ||
| 3/16/2024 | Pending sale | $90,900$159/sqft |
Source: | ||
| 2/27/2024 | Price change | $90,900-10.8%$159/sqft |
Source: | ||
| 2/15/2024 | Listed for sale | $101,900+111.3%$178/sqft |
Source: | ||
| 7/13/2022 | Sold | $48,221-16.9%$84/sqft |
Source: Public Record Report a problem | ||
| 7/28/2017 | Sold | $58,000-3.2%$101/sqft |
Source: | ||
| 6/28/2017 | Pending sale | $59,900$105/sqft |
Source: Oakridge Realtors #20172596 Report a problem | ||
| 5/12/2017 | Listed for sale | $59,900$105/sqft |
Source: Oakridge Realtors #20172596 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $623 +13.6% | $61,660 +33.6% |
| 2024 | $548 -12.4% | $46,150 |
| 2023 | $626 +26.2% | $46,150 +0.3% |
| 2022 | $496 -13.6% | $46,030 |
| 2021 | $574 +0.2% | $46,030 -4.5% |
| 2020 | $573 -3.3% | $48,210 |
| 2019 | $593 -17.5% | $48,210 |
| 2018 | $718 +0% | $48,210 |
| 2017 | $718 +0.3% | $48,210 +0.9% |
| 2016 | $716 | $47,800 |
| 2015 | $716 +0.8% | $47,800 |
| 2014 | $710 +7.7% | $47,800 |
| 2012 | $659 +11.6% | $47,800 |
| 2011 | $591 +2.5% | $47,800 +9.2% |
| 2010 | $576 +2.6% | $43,790 |
| 2009 | $561 +2.4% | $43,790 |
| 2008 | $548 +12% | $43,790 +7% |
| 2007 | $490 +0% | $40,930 |
| 2006 | $490 +25.2% | $40,930 |
| 2005 | $391 +7.3% | $40,930 +46.2% |
| 2003 | $365 +1.3% | $27,990 |
| 2002 | $360 +10% | $27,990 +18% |
| 2001 | $327 | $23,720 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$536/mo
Principal & interest
$438
Property taxes
$98
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Climate risks
Neighborhood: 50707
Nearby schools
GreatSchools rating
- 6/10Poyner Elementary SchoolGrades: PK-5Distance: 2 mi
- 3/10Bunger Middle SchoolGrades: 6-8Distance: 2 mi
- 2/10East High SchoolGrades: 9-12Distance: 5.5 mi
Schools provided by the listing agent
- Elementary: Poyner
- Middle: Bunger
- 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.
Local experts in 50707
- Iowa
- Black Hawk County
- Waterloo
- 50707
- 3121 Gilbertville Rd






