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Sold for $408,000
  • $408,000

    11 Silver Lake Dr, Waterloo, IA 50702

    6beds
    3,539sqft
    Single Family Residence
    Built in 1971
    2.24 Acres Lot
    $408,100 Zestimate®
    $115/sqft
    $2,321 Estimated rent

    Home value

    $408,100

    $388,000 - $429,000

    $2,321/mo

    Zestimate® history
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    What's special

    Pool for summer enjoymentComfortable functional layoutSpace for gardeningTasteful updates throughoutExpansive yard space
    Set on 2.4 acres in the Silver Lake neighborhood, this nicely updated 6 bedroom, 2 bath home offers an ideal combination of space, setting, and amenities. The home features a comfortable, functional layout with generous living areas and tasteful updates throughout, providing plenty of room for family and guests. Outside, the property is equally impressive with 4 garage stalls plus additional outbuildings for storage or hobbies, a pool for summer enjoyment, space for gardening, and expansive yard space. As part of the neighborhood HOA, you’ll also enjoy access to the stocked pond for fishing, as well as tennis and basketball courts. Seller has consulted with a surveyor and believes it may be possible to revise the property’s floodplain designation (potentially from the 100-year to the 500-year floodplain) through a LOMA, pending completion of a formal survey and FEMA review. The seller also owns two adjoining parcels that can be purchased separately: 1.65 acres and 32.1 acres that borders the property, providing additional space and nearby opportunities for hunting. This is a rare Waterloo acreage that’s move-in ready and delivers both a great house and land.

    Zillow last checked:

    Listing updated:

    Listed by:

    Andrew Schoof 319-239-7805,

    Structure Real Estate,

    Jessica E Schoof 319-939-7784,

    Structure Real Estate

    Bought with:

    Andrea Wester, S57023000

    Berkshire Hathaway Home Services One Realty Centre

    Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20255441MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Other
    • Level: Upper
    Other
    • Level: Main
    Other
    • Level: Lower
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Appliances Negotiable, Dishwasher, Free-Standing Range, Gas Water Heater
    • Laundry: Lower Level
    Features
    • Basement: Exterior Entry
    • Has fireplace: Yes
    • Fireplace features: One
    Interior area
    • Total interior livable area: 3,539 sqft
    • Finished area below ground: 1,475

    Property

    Parking
    • Total spaces: 3
    • Parking features: 3 or More Stalls, Attached Garage, Detached Garage, Oversized
    • Has attached garage: Yes
    • Carport spaces: 3
    Features
    • Patio & porch: Deck, Covered, Patio
    • Pool features: In Ground
    • Waterfront features: Lake Access
    Lot
    • Size: 2.24 Acres
    • Features: Secluded
    • Residential vegetation: Timber
    Details
    • Additional structures: Storage, Outbuilding
    • Parcel number: 881217176005
    • Zoning: A
    • Special conditions: Standard
    • Other equipment: Irrigation Equipment

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Vinyl Siding
    • Roof: Shingle,Asphalt
    Condition
    • Year built: 1971

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Private Well

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    HOA
    • Has HOA: Yes
    • HOA fee: $100 monthly
    Location
    • Region: Waterloo

    Financial & listing details

    • Price per square foot: $115/sqft
    • Tax assessed value: $423,980
    • Annual tax amount: $5,380
    • Date on market: 11/5/2025
    • Cumulative days on market: 169 days
    • Road surface type: Concrete, Hard Surface Road

    Price history

    DateEventPrice
    6/24/2026Sold$408,000-1%$115/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20255441 Report a problem
    4/23/2026Pending sale$412,000$116/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20255441 Report a problem
    3/2/2026Price change$412,000-1.9%$116/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20255441 Report a problem
    2/25/2026Pending sale$419,900$119/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20255441 Report a problem
    2/3/2026Price change$419,900-2.3%$119/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20255441 Report a problem
    11/5/2025Listed for sale$429,900+72%$121/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20255441 Report a problem
    6/9/2011Sold$250,000-13.8%$71/sqft
    Source: Agent Provided Report a problem
    10/8/2010Listed for sale$289,900+47.9%$82/sqft
    Source: Inspired Real Estate #169339 Report a problem
    6/28/1990Sold$196,000$55/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,381 +14.2%$423,980 +4.1%
    2024$4,713 +19%$407,260
    2023$3,961 +1.1%$407,260 +35.9%
    2022$3,918 -7.5%$299,580 +1.2%
    2021$4,234 -0.1%$296,050 -0.1%
    2020$4,240 -2.8%$296,340
    2019$4,362 +0.1%$296,340 -0.4%
    2018$4,356 +0%$297,420 -1.5%
    2017$4,356 +9.1%$302,100 +8.9%
    2016$3,992 $277,330 -0.1%
    2015$3,992 -1.1%$277,560 +1.1%
    2014$4,036 $274,610 +0.9%
    2012-- $272,030 +8.6%
    2011$2,441 +2.6%$250,400 +38.2%
    2010$2,380 +3.1%$181,140
    2009$2,309 +2%$181,140 +0.2%
    2008$2,264 +12.2%$180,830 +7%
    2007$2,017 +0%$168,970
    2006$2,017 -27.9%$168,970
    2005$2,796 +7.1%$168,970 -15.7%
    2003$2,611 +2.3%$200,470
    2002$2,552 +10.4%$200,470 +19.2%
    2001$2,312 $168,250
    Find assessor info on the county website

    Neighborhood: 50702

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Orange Elementary
    • Middle: Hoover 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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