For sale

Price cut: $10K (7/27)

$539,900

1229 W Mount Vernon Rd, Waterloo, IA 50703

3beds

2,559sqft

$3,837/mo

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Single Family Residence

Built in 1957

7.34 Acres Lot

$514,600 Zestimate^®

$211/sqft

$-- HOA

What's special

Wooded areaBreakfast counter

Your dream acreage just minutes from town! Thoughtfully maintained acreage with outbuildings, wooded area and view of open skies and rolling fields! Ranch home boasts generous and open living spaces while offering both main-floor and lower level master bedrooms. The kitchen features attractive updated cabinetry with new countertops and features a breakfast counter for the quick meals. The dining area easily flows to the large living room where you find a spiral staircase to the lower level. A walkout from the lower level family room finds a large patio for the beautiful summer evenings. Numerous outbuildings are available on the spacious acreage to grow a successful hobby farm or just enjoy your privacy!

60 days

910

23

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
3/4 bathrooms: 1

Rooms

Room types: Family Room, Primary Bedroom En Suite, Primary Bedroom, Primary Bedroom w/ Closet, Lwr Level Family Room

Other

Level: Upper

Other

Level: Main

Other

Level: Lower

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Dishwasher, Microwave, Free-Standing Range, Refrigerator
Laundry: Lower Level

Features

Ceiling Fan(s)
Flooring: Hardwood
Basement: Block,Walk-Out Access,Partially Finished
Has fireplace: No
Fireplace features: None

Interior area

Total interior livable area: 2,559 sqft
Finished area below ground: 1,056

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Property

Parking

Total spaces: 2
Parking features: 2 Stall, Detached Garage, Garage Door Opener, Oversized
Carport spaces: 2

Features

Patio & porch: Deck-Multi-Level, Deck, Patio

Lot

Size: 7.34 Acres
Dimensions: 7.34 acres
Features: Wooded, School Bus Service

Details

Additional structures: Outbuilding
Parcel number: 901327201003
Zoning: A
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Brick, Vinyl Siding
Roof: Shingle,Asphalt

Condition

Year built: 1957

Utilities & green energy

Sewer: Septic Tank
Water: Private Well

Community & HOA

Location

Region: Waterloo

Financial & listing details

Price per square foot: $211/sqft
Tax assessed value: $230,720
Annual tax amount: $2,812
Date on market: 6/1/2026
Cumulative days on market: 61 days
Road surface type: Gravel

Estimated market value

$514,600

$489,000 - $540,000

$1,919/mo

Price history

Date	Event	Price
7/27/2026	Price change	$539,900-1.8%$211/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20262420 Report a problem
6/1/2026	Listed for sale	$549,900+449.9%$215/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20262420 Report a problem
7/18/1996	Sold	$100,000$39/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,668 +14%	$230,720 +13.7%
2024	$2,341 +2.1%	$202,890
2023	$2,293 -2%	$202,890 +16.9%
2022	$2,340 -6.3%	$173,560 +2.1%
2021	$2,498 -3.5%	$170,010 0%
2020	$2,589 +7.7%	$170,080
2019	$2,404 +0.2%	$170,080 +8.2%
2018	$2,398 +0%	$157,140 -8.6%
2017	$2,398 -1.5%	$171,840 -3.6%
2016	$2,434	$178,200
2015	$2,434 -5.5%	$178,200 -8.3%
2014	$2,576 +0.2%	$194,240 +6%
2012	$2,570 +18.2%	$183,240
2011	$2,175 +2.8%	$183,240 +18.1%
2010	$2,117 -5.1%	$155,140
2009	$2,230 +2.2%	$155,140 -0.7%
2008	$2,182 +12.1%	$156,290 +7.9%
2007	$1,946 +0.2%	$144,850
2006	$1,942 +1.4%	$144,850
2005	$1,915 +11.1%	$144,850 +27.7%
2003	$1,724 +1.4%	$113,430
2002	$1,700 +8.7%	$113,430 +15.3%
2001	$1,564	$98,340

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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.

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Climate risks

Neighborhood: 50703

Getting around

0 / 100

Car-Dependent

0 / 100

No Nearby Transit

24 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

3/10
Lincoln Elementary School
Grades: PK-5Distance: 4.5 mi
2/10
George Washington Carver Academy
Grades: 6-8Distance: 4.5 mi
2/10
East High School
Grades: 9-12Distance: 6 mi

Schools provided by the listing agent

Elementary: Lincoln Elementary Waterloo
Middle: George Washington Carver Academy
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.