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Sold for $40,000
    • Zillow Home logoZestimate®
    $40,000

    407 Rath St, Waterloo, IA 50703

    2beds
    898sqft
    Single Family Residence
    Built in 1912
    6,098 Square Feet Lot
    $40,000 Zestimate®
    $45/sqft
    $812 Estimated rent

    Home value

    $40,000

    $38,000 - $42,000

    $812/mo

    Zestimate® history
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    What's special

    White sidingUpdated vinyl replacement windowsSpacious layoutEnclosed front porchWood cabinetry
    Opportunity awaits at 407 Rath St, Waterloo IA 50703. 1912 Lakeside Addition home with enclosed front porch, white siding, and updated vinyl replacement windows. Interior is a renovation blank canvas—kitchen/dining with double windows and wood cabinetry, functional full bath, and living areas mid-project with unfinished flooring and older finishes. Spacious layout with room to update (third-party records cite 5 bed/1 bath—buyer to verify beds, baths, and square footage). Approx. 0.14 acre lot near downtown Waterloo—solid bones for investor, flipper, or sweat-equity buyer. Sold AS IS. Buyer to verify all measurements, systems, and condition.

    Zillow last checked:

    Listing updated:

    Listed by:

    Steven Burrell 319-239-2485,

    Structure Real Estate

    Bought with:

    Amy M Schaefer, S57835

    Re/Max Concepts

    Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20264590MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: 1st Floor Entry, Dining Room Separate, Mudroom, Living Room Separate
    Heating
    • Forced Air
    Cooling
    • Window Unit(s)
    Appliances
    • Included: Gas Water Heater
    • Laundry: Lower Level, Washer Hookup
    Features
    • Flooring: Hardwood
    • Doors: Paneled Doors
    • Basement: Concrete,Interior Entry,Floor Drain,Unfinished
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total interior livable area: 898 sqft
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 2
    • Parking features: RV Access/Parking, Detached Garage
    • Carport spaces: 2
    Lot
    • Size: 6,098 Square Feet
    • Dimensions: 50X120
    • Features: Level
    Details
    • Parcel number: 891230303012
    • Zoning: R-2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding, Combination
    • Roof: Shingle,Asphalt
    Condition
    • Year built: 1912

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: LAKESIDE ADDITION
    Location
    • Region: Waterloo

    Financial & listing details

    • Price per square foot: $45/sqft
    • Tax assessed value: $57,520
    • Annual tax amount: $1,174
    • Date on market: 9/23/2026
    • Cumulative days on market: 3 days
    • Road surface type: Concrete

    Price history

    DateEventPrice
    10/21/2026Sold$40,000-16.5%$45/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20264590 Report a problem
    9/25/2026Pending sale$47,900$53/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20264590 Report a problem
    9/23/2026Listed for sale$47,900$53/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20264590 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,023 +8.5%$57,520 +21.9%
    2024$943 -2.9%$47,180
    2023$971 +2.7%$47,180 +6.7%
    2022$945 +7.1%$44,220
    2021$883 +1.6%$44,220 +13.4%
    2020$869 +13.9%$38,980
    2019$762 +0.8%$38,980 +14.9%
    2018$756 +0%$33,920
    2017$756 -1.8%$33,920
    2016$770 $33,920
    2015$770 +8.8%$33,920 +8.1%
    2014$708 -16.2%$31,390 -21.6%
    2012$845 -4.7%$40,040
    2011$887 +3.3%$40,040 -6.5%
    2010$859 +2.8%$42,810
    2009$835 +2.2%$42,810
    2008$818 +1.7%$42,810 +7%
    2007$804 -0.5%$40,010
    2006$808 +24.7%$40,010
    2005$648 +5.8%$40,010 +46.5%
    2003$613 +1.7%$27,310
    2002$602 +10.7%$27,310 +18%
    2001$544 $23,140
    Find assessor info on the county website

    Neighborhood: 50703

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lowell Elementary
    • 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.

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