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For sale
  • $159,900

    1851 Downing Ave, Waterloo, IA 50701

    3beds
    1,414sqft
    : 
    $1,190/mo
    Get pre-qualified
    Single Family Residence
    Built in 1958
    7,405 Square Feet Lot
    $151,700 Zestimate®
    $113/sqft
    $-- HOA

    What's special

    Warm inviting layoutUpdated plumbing and fixturesUpdated hardwareAbundant natural lightFresh paint throughoutBeautifully remodeled bathroomUpdated light fixtures
    Completely move-in ready and thoughtfully updated, this charming ranch offers incredible value, stylish updates, and the opportunity to build future equity. From the moment you arrive, you'll appreciate the fresh curb appeal with updated landscaping, new shutters, and a new front storm door. Step inside to discover fresh paint throughout, abundant natural light, and a warm, inviting layout that's ready for you to call home. The spacious living room welcomes you with a beautiful bay window, while the kitchen has been refreshed with refinished and painted cabinetry, updated hardware, a new faucet, newer refrigerator, and updated light fixtures. Just off the kitchen, the stunning sunroom is sure to become your favorite space in the home. Filled with natural light and overlooking the backyard, it's the perfect place to enjoy your morning coffee, entertain guests, or simply unwind. All three bedrooms are conveniently located on the main level and feature updated closet systems and closet doors for added organization. The beautifully remodeled bathroom has been completely transformed with a custom tiled shower, updated plumbing and fixtures, a new vanity countertop and sink, refinished cabinetry, and a new toilet. The full walkout lower level offers endless possibilities. While unfinished, it provides an incredible opportunity to expand your living space and build instant equity on your own timeline, without the need to take on a major renovation before moving in. A roughed-in bathroom is already in place, making it even easier to add a half or full bath as you finish the space to fit your needs. Outside, you'll love the fully fenced backyard featuring an added privacy fence, storage shed, and custom pallet accent wall on the walkout patio. The oversized two-car carport offers exceptional covered parking and could easily be enclosed to create a tandem two-car garage. Located just down the street from the brand-new Waterloo High School, this home is situated in an area poised for continued growth and long-term value. Whether you're a first-time buyer, downsizing, or looking for a smart investment, this home offers the perfect combination of move-in-ready convenience and future potential. Major updates since 2021 include: updated landscaping; new front storm door and exterior shutters; fresh paint throughout; a fully renovated bathroom with custom tiled shower, updated plumbing, and new fixtures; refinished and painted kitchen cabinets with updated hardware; newer refrigerator; updated light fixtures throughout the main level; updated bedroom closet systems and closet doors; and a newly added privacy fence. Beautifully maintained, thoughtfully updated, and truly move-in ready, this home offers the rare opportunity to enjoy today while building even more value for tomorrow.
    10 hours
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    696
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    54
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    Zillow last checked:

    Listing updated:

    Listed by:

    Danielle Morris 319-231-4175,

    Berkshire Hathaway Home Services One Realty Centre

    Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20263497MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 1
      Other
      • Level: Upper
      Other
      • Level: Main
      Other
      • Level: Lower
      Heating
      • Forced Air
      Cooling
      • Central Air
      Features
      • Basement: Walk-Out Access,Unfinished
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total interior livable area: 1,414 sqft
      • Finished area below ground: 350
      Video & virtual tour

      Property

      Parking
      • Parking features: Carport
      Features
      • Fencing: Fenced
      Lot
      • Size: 7,405 Square Feet
      • Dimensions: 55X135
      Details
      • Additional structures: Storage
      • Parcel number: 891328176003
      • Zoning: R-2
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding
      • Roof: Shingle,Asphalt
      Condition
      • Year built: 1958

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Waterloo

      Financial & listing details

      • Price per square foot: $113/sqft
      • Tax assessed value: $132,660
      • Annual tax amount: $2,576
      • Date on market: 7/28/2026
      • Road surface type: Concrete

        Estimated market value

        $151,700

        $144,000 - $159,000

        $1,317/mo

        Price history

        DateEventPrice
        7/28/2026Listed for sale$159,900+68.2%$113/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20263497 Report a problem
        4/4/2019Sold$95,050+5.7%$67/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20190854 Report a problem
        3/3/2019Pending sale$89,900$64/sqft
        Source: Amy Wienands Real Estate #20190854 Report a problem
        3/1/2019Listed for sale$89,900$64/sqft
        Source: Amy Wienands Real Estate #20190854 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,576 +8.5%$132,660 +11.7%
        2024$2,373 +7.3%$118,740
        2023$2,211 +2.7%$118,740 +17.9%
        2022$2,152 -3%$100,670
        2021$2,218 +2.9%$100,670 +2.8%
        2020$2,155 +12.9%$97,940 +1.3%
        2019$1,909 +1.2%$96,720
        2018$1,888 0%$96,720
        2017$1,888 +3.3%$96,720 +4.4%
        2016$1,828 $92,630
        2015$1,828 +1.3%$92,630 +0.3%
        2014$1,804 -7.9%$92,390 -4.2%
        2012$1,959 +8.8%$96,470
        2011$1,801 +3.4%$96,470 +6.3%
        2010$1,741 +2.9%$90,730
        2009$1,691 +2.4%$90,730
        2008$1,652 +1.9%$90,730 +7%
        2007$1,622 -0.6%$84,790
        2006$1,631 +10.2%$84,790
        2005$1,480 +6.1%$84,790 +28.8%
        2003$1,395 +1.6%$65,810
        2002$1,373 +16.3%$65,810 +18%
        2001$1,181 $55,770
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Alabar Hills

        Getting around

        39 / 100
        Car-Dependent
        24 / 100
        Minimal Transit

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Fred Becker Elementary
        • Middle: Central Intermediate
        • High: West High - Waterloo

        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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