Welcome to this affordable and well-located 2-bedroom, 1-bathroom home, offering comfort, convenience, and excellent potential for both owner-occupants and investors alike. Situated in a central location close to schools, parks, shopping, and major routes, this property delivers everyday ease at a price that’s hard to find. Whether you’re looking for a budget-friendly home or a reliable investment opportunity, this property checks all the boxes.
Sold for $51,250
$51,250
1820 Falls Ave, Waterloo, IA 50701
2beds
0baths
520sqft
Single Family Residence
Built in 1922
5,227.2 Square Feet Lot
$51,400 Zestimate®
$99/sqft
$722 Estimated rent
Home value
$51,400
$46,000 - $57,000
$722/mo
Zestimate® history
Owner options
List your home for rent
$722/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$722/mo
Rent Zestimate®
Refinance and save
$276/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$276/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Michael Taylor 319-239-3659,
Lockard Realty Company
Bought with:
Stephen Jordan, B63146000
Oakridge Real Estate
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20255913
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 0
- Full bathrooms: 1
Other
- Level: Upper
Other
- Level: Main
Other
- Level: Lower
Heating
- Natural Gas
Cooling
- Ceiling Fan(s)
Features
- Basement: Block
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 520 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: 1 Stall
- Carport spaces: 1
Lot
- Size: 5,227 sqft
- Dimensions: 40.00 x 125.00
Details
- Parcel number: 8913
- Zoning: R1-SF
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Roof: Asphalt
Condition
- Year built: 1922
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Waterloo
Other
Other facts
- Road surface type: Other
Price history
| Date | Event | Price |
|---|---|---|
| 3/20/2026 | Sold | $51,250-14.6%$99/sqft |
Source:  Northeast Iowa Regional BOR as distributed by MLS GRID #20255913 Report a problem | ||
| 2/23/2026 | Pending sale | $60,000$115/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20255913 Report a problem | ||
| 12/23/2025 | Listed for sale | $60,000$115/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20255913 Report a problem | ||
| 12/19/2025 | Pending sale | $60,000$115/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20255913 Report a problem | ||
| 12/12/2025 | Listed for sale | $60,000+1076.2%$115/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20255913 Report a problem | ||
| 4/7/1988 | Sold | $5,101$10/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,128 +8.5% | $62,370 +19.9% |
| 2024 | $1,039 +13.5% | $52,000 |
| 2023 | $916 +2.7% | $52,000 +24.7% |
| 2022 | $891 +6.8% | $41,690 |
| 2021 | $834 +1.6% | $41,690 +13.2% |
| 2020 | $821 -0.9% | $36,840 |
| 2019 | $828 +0.8% | $36,840 |
| 2018 | $821 -0.1% | $36,840 |
| 2017 | $822 -1.7% | $36,840 |
| 2016 | $836 | $36,840 |
| 2015 | $836 +0.7% | $36,840 |
| 2014 | $830 +2.3% | $36,840 -4.2% |
| 2012 | $812 +6.1% | $38,450 |
| 2011 | $765 +3.3% | $38,450 +4.1% |
| 2010 | $741 +2.8% | $36,920 |
| 2009 | $720 +2.2% | $36,920 |
| 2008 | $705 +1.7% | $36,920 +7% |
| 2007 | $693 -0.5% | $34,500 |
| 2006 | $697 -0.6% | $34,500 |
| 2005 | $701 +5.8% | $34,500 +16.8% |
| 2003 | $662 +1.7% | $29,530 |
| 2002 | $651 +10.7% | $29,530 +18% |
| 2001 | $588 | $25,020 |
Find assessor info on the county website
Neighborhood: 50701
Nearby schools
GreatSchools rating
- 5/10Fred Becker Elementary SchoolGrades: PK-5Distance: 1 mi
- 1/10Central Middle SchoolGrades: 6-8Distance: 1.5 mi
- 2/10East High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: Fred Becker Elementary
- Middle: Central
- High: West 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.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- Iowa
- Black Hawk County
- Waterloo
- 50701
- 1820 Falls Ave
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Waterloo Topics
