For Sale49d on market
1221 Downing Ave
Waterloo, IA, 50701 • 50701 • Black Hawk County
$145,500
$89/sqft
Down payment assistance available
3Beds
2Baths
1,632Sqft
0.41 acLot
1940Built
Property DNA
Character Home
Built 1940 · 86 years of history
Outdoor Living
Covered
Storage
Storage
This home is getting attention
Listed 49 days ago · 1,913 views · 94 saves
Market activity
Demand and pricing signals for this listing
1,913 views
People checking out this listing
94 saves
Buyers have saved this home
49 days on market
Established listing
$89/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 22% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1940
Welcome to 1221 Downing Ave! This spacious home offers incredible potential and a fantastic opportunity to build equity with your personal updates and finishing touches. The main level features a generous front living room filled with natural light, two comfortable bedrooms with great closet space, and a full bathroom. The kitchen provides ample cabinetry and seamlessly flows into the open dining area — ideal for both everyday living and entertaining. A convenient main-floor laundry room adds functionality, while the primary suite with its own private bathroom completes the layout. The lower level expands your living space with a large family room, a sizeable non-conforming bedroom, and a substantial storage/utility area to meet your needs. Outside, you'll appreciate the oversized two-stall garage and the spacious yard — perfect for relaxing, gardening, or outdoor activities. With solid space, a desirable layout, and room to make it your own, this home is full of opportunity. Schedule your showing today!
Standout features identified
Our analysis highlights large family room, oversized two-stall garage, and convenient main-floor laundry room as key attractions of this home.
Estimated monthly payment
Based on current rates
$938/month
Principal & Interest$744
Property Tax$146
Insurance$49
Down payment20% ($29,100)
3%50%
Est. 6.61% rate · 30yr fixed · $116,400 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1940
HeatingNatural Gas
CoolingCentral Air
Parking2 Covered Parking spaces
Lot0.41 Acres
Days on Zillow49 Days
Price/sqft$89
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1940
Systems
HeatingNatural Gas
CoolingCentral Air
RoofShingle
ConstructionBlock
Water / SewerPublic / Public Sewer
Parking & Outdoor
Parking2 Stall, Detached Garage
BasementBlock,Interior Entry,Partially Finished
Lot0.41 Acres
Location & Tax
Neighborhood50701
ZoningR-2
Annual tax$3,295
Parcel891328276002
Bathrooms & Fees
Full baths1
Features & details
10 categories of property features
Interior Features
Interior
Ceiling Fan(s)
Appliances
Dishwasher
Dryer
Microwave
Refrigerator
Washer
Gas Water Heater
Heating
Natural Gas
Cooling
Central Air
Laundry
1st Floor
Laundry Room
Fireplace
None
Exterior Features
Parking
2 Stall
Detached Garage
Construction
Block
Patio & Porch
Covered
Other Structures
Storage
Room details
3 rooms detailed
Other
UpperOther
MainOther
LowerListing insights
Market data and value estimates
StatusFor Sale
Days on market49
Est. rent$1,621/mo
Tax rate1.39%
Price/sqft$89
On marketFeb 24, 2026
PostedFeb 24, 2026
Last sold$121,500
MLS updatedMar 7, 2026
Tour days9
Views1,913
Favorites94
How are the schools in Waterloo?
3 schools rated nearby
Location
Waterloo, IA, 50701
Price history
15 events
DateEventPrice$/sqftSource
Feb 24, 2026Listed For Sale$145,500$89Northeast Iowa Regional BOR as distributed by MLS GRID
Feb 23, 2026Listing Removed$145,500$89Northeast Iowa Regional BOR as distributed by MLS GRID
Dec 10, 2025Price Change$145,500$89Northeast Iowa Regional BOR as distributed by MLS GRID
Nov 11, 2025Price Change$147,500$90Northeast Iowa Regional BOR as distributed by MLS GRID
Oct 29, 2025Price Change$149,000$91Northeast Iowa Regional BOR as distributed by MLS GRID
Oct 2, 2025Price Change$149,900$92Northeast Iowa Regional BOR as distributed by MLS GRID
Sep 9, 2025Price Change$152,500$93Northeast Iowa Regional BOR as distributed by MLS GRID
Sep 3, 2025Price Change$154,500$95Northeast Iowa Regional BOR as distributed by MLS GRID
Aug 22, 2025Listed For Sale$155,000$95Northeast Iowa Regional BOR as distributed by MLS GRID
Aug 27, 2019Sold$121,500$74Northeast Iowa Regional BOR as distributed by MLS GRID
Aug 27, 2019Listed For Sale$119,500$73RE/MAX Home Group - Cedar Falls
Jul 2, 2019Pending Sale$119,500$73RE/MAX Home Group - Cedar Falls
Jun 19, 2019Listed For Sale$119,500$73RE/MAX Home Group - Cedar Falls
Jun 11, 2019Pending Sale$119,500$73RE/MAX Home Group - Cedar Falls
Jun 5, 2019Listed For Sale$119,500$73RE/MAX Home Group - Cedar Falls
Listed For Sale$145,500
Feb 24, 2026•$89/sqft•Northeast Iowa Regional BOR as distributed by MLS GRID
Listing Removed$145,500
Feb 23, 2026•$89/sqft•Northeast Iowa Regional BOR as distributed by MLS GRID
Price Change$145,500
Dec 10, 2025•$89/sqft•Northeast Iowa Regional BOR as distributed by MLS GRID
Price Change$147,500
Nov 11, 2025•$90/sqft•Northeast Iowa Regional BOR as distributed by MLS GRID
Price Change$149,000
Oct 29, 2025•$91/sqft•Northeast Iowa Regional BOR as distributed by MLS GRID
Price Change$149,900
Oct 2, 2025•$92/sqft•Northeast Iowa Regional BOR as distributed by MLS GRID
Price Change$152,500
Sep 9, 2025•$93/sqft•Northeast Iowa Regional BOR as distributed by MLS GRID
Price Change$154,500
Sep 3, 2025•$95/sqft•Northeast Iowa Regional BOR as distributed by MLS GRID
Listed For Sale$155,000
Aug 22, 2025•$95/sqft•Northeast Iowa Regional BOR as distributed by MLS GRID
Sold$121,500
Aug 27, 2019•$74/sqft•Northeast Iowa Regional BOR as distributed by MLS GRID
Listed For Sale$119,500
Aug 27, 2019•$73/sqft•RE/MAX Home Group - Cedar Falls
Pending Sale$119,500
Jul 2, 2019•$73/sqft•RE/MAX Home Group - Cedar Falls
Listed For Sale$119,500
Jun 19, 2019•$73/sqft•RE/MAX Home Group - Cedar Falls
Pending Sale$119,500
Jun 11, 2019•$73/sqft•RE/MAX Home Group - Cedar Falls
Listed For Sale$119,500
Jun 5, 2019•$73/sqft•RE/MAX Home Group - Cedar Falls
Tax history
23 years of records
YearTax paidAssessed value
Apr 15, 2025—$169,640
Apr 15, 2024—$151,910
Apr 15, 2023—$151,910
Apr 15, 2022—$125,410
Apr 15, 2021—$125,410
Apr 15, 2020$2,434$121,870
Apr 15, 2019$2,464$121,390
Apr 15, 2018$2,438$121,390
Apr 15, 2017$2,438$121,390
Apr 15, 2016$2,364$116,290
Apr 15, 2015$2,364$116,290
Apr 15, 2014$2,342$116,290
Apr 15, 2012$2,485$121,390
Apr 15, 2011$2,096$121,390
Apr 15, 2010$2,027$105,000
Apr 15, 2009$1,970$105,000
Apr 15, 2008$1,925$105,000
Apr 15, 2007$1,890$98,130
Apr 15, 2006$1,901$98,130
Apr 15, 2005$1,659$98,130
Apr 15, 2003$1,565$73,360
Apr 15, 2002$1,539$73,360
Apr 15, 2001$1,384$62,170
Nearby homes
Neighborhood details
Local context around this listing
Waterloo, IA • Black Hawk County
Nearby neighborhoods
Cedar RiverChurch Row HistoricDoe'sFranklin GatewayGood ShepherdHurstLiberty ParkPark HavenRiverfrontUnity
Nearby cities
Cedar FallsDunkertonEvansdaleHudsonJanesvilleJesupLa Porte CityRaymond
Nearby zip codes
507015070250703507045070750799
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