For sale

$279,000

124 Axlewood Dr, Waterloo, IA 50701

3beds

1,320sqft

$1,983/mo

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Single Family Residence

Built in 2024

6,098 Square Feet Lot

$273,800 Zestimate^®

$211/sqft

$-- HOA

What's special

Charming touchesUnfinished lower levelThoughtfully designed floor planTwo bathroomsThree bedroomsQuartz countertopsAristokraft cabinets

Tucked into the heart of a new Waterloo neighborhood, this home sits where the former Edison Elementary once stood, bringing a fresh chapter to this familiar site. The thoughtfully designed floor plan includes three bedrooms, two bathrooms, and an unfinished lower level that’s ready to be transformed into whatever fits your needs. The home’s exterior has charming touches, and inside, quartz countertops and Aristokraft cabinets add a touch of quality and style to everyday living. This neighborhood feels like a true community, with a new park nearby, perfect for gathering with neighbors. Partial tax abatement from the City of Waterloo, it’s a great opportunity to settle into a vibrant, welcoming development.

537 days

128

8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Other

Level: Upper

Other

Level: Main

Other

Level: Lower

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Dishwasher, Free-Standing Range, Refrigerator
Laundry: 1st Floor

Features

Basement: Unfinished
Has fireplace: No
Fireplace features: None

Interior area

Total interior livable area: 1,320 sqft
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: 2 Stall, Attached Garage
Has attached garage: Yes
Carport spaces: 2

Lot

Size: 6,098 Square Feet
Dimensions: 59x36x127

Details

Parcel number: 891322361007
Zoning: R-1
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Vinyl Siding
Roof: Shingle

Condition

Year built: 2024

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Subdivision: Edison Development

Location

Region: Waterloo

Financial & listing details

Price per square foot: $211/sqft
Tax assessed value: $3,580
Annual tax amount: $78
Date on market: 3/7/2025
Cumulative days on market: 538 days
Road surface type: Concrete

Estimated market value

$273,800

$260,000 - $287,000

$1,879/mo

Price history

Date	Event	Price
3/11/2026	Price change	$279,000-2.6%$211/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20250890 Report a problem
10/23/2025	Price change	$286,500+0.5%$217/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20250890 Report a problem
6/16/2025	Price change	$285,000-3.4%$216/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20250890 Report a problem
4/16/2025	Price change	$295,000-1.7%$223/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20250890 Report a problem
3/7/2025	Listed for sale	$300,000$227/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20250890 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$78 +8.5%	$304,740 +8412.3%
2024	$72	$3,580
2023	--	$3,580
2022	--	--

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.

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Climate risks

Neighborhood: 50701

Getting around

54 / 100

Somewhat Walkable

26 / 100

Some Transit

46 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

5/10
Fred Becker Elementary School
Grades: PK-5Distance: 0.9 mi
2/10
Central Middle School
Grades: 6-8Distance: 1.4 mi
2/10
East High School
Grades: 9-12Distance: 2.3 mi

Schools provided by the listing agent

Elementary: Fred Becker Elementary
Middle: Central Intermediate
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.