Sold for $265,000

$265,000

231 E Mount Vernon Rd, Waterloo, IA 50703

3beds

1,114sqft

Single Family Residence

Built in 1961

1.69 Acres Lot

$272,600 Zestimate^®

$238/sqft

$1,186 Estimated rent

Home value

$272,600

$243,000 - $305,000

$1,186/mo

Zestimate^® history

Owner options

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$1,186/mo

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$1,186/mo

Rent Zestimate^®

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$1,764/mo

Est. payment

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$1,764/mo

Est. payment

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What's special

Ranch-style home

Nestled on a generous 1.69-acre lot, this property offers the perfect blend of privacy, space, and convenience in a well-established neighborhood. This ranch-style home features 3 bedrooms on the main level, plus a 4th nonconforming room that could be used as a home office, guest room, or hobby space. The kitchen and upstairs bathroom have been remodeled. Enjoy added peace of mind with several key upgrades, including a newer well pump and pressure tank, and a septic system approximately 2.5 years old. With over an acre and a desirable location, this home is full of potential and ready for you to make it your own!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bedrooms: 3

Heating

Propane

Cooling

Central Air

Appliances

Included: Dryer, Microwave, Refrigerator, Stove, Washer

Features

Basement: Finished,Walk-Out Access
Number of fireplaces: 2
Fireplace features: Electric

Interior area

Total structure area: 1,114
Total interior livable area: 1,114 sqft
Finished area below ground: 1,114

Property

Parking

Total spaces: 2
Parking features: Attached, Garage, Two Car Garage
Attached garage spaces: 2

Lot

Size: 1.69 Acres

Details

Parcel number: 901324376005
Zoning: R

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Single Family Residence

Condition

Year built: 1961

Utilities & green energy

Sewer: Septic Tank
Water: Well

Community & HOA

HOA

Has HOA: No

Location

Region: Waterloo

Financial & listing details

Price per square foot: $238/sqft
Tax assessed value: $252,430
Annual tax amount: $2,638
Date on market: 6/4/2025
Cumulative days on market: 3 days
Listing terms: Cash,Conventional,FHA,VA Loan

Price history

Date	Event	Price
7/18/2025	Sold	$265,000-3.6%$238/sqft
Source: DMMLS #719387 Report a problem
6/11/2025	Pending sale	$275,000$247/sqft
Source: DMMLS #719387 Report a problem
6/4/2025	Listed for sale	$275,000+323.1%$247/sqft
Source: DMMLS #719387 Report a problem
12/7/1993	Sold	$65,000$58/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,472 -1.3%	$252,430 +14.5%
2024	$2,504 -6.5%	$220,440
2023	$2,679 +4.2%	$220,440 +16.9%
2022	$2,570 +0.9%	$188,640
2021	$2,547 +3.3%	$188,640 +3.7%
2020	$2,467 +4.8%	$181,890
2019	$2,355 +4.4%	$181,890 +7.2%
2018	$2,255 +0%	$169,610 +2.6%
2017	$2,254 +8.4%	$165,320
2016	$2,080	$165,320 +3.6%
2015	$2,080 +4.2%	$159,520
2014	$1,996 +2.4%	$159,520
2012	$1,949 +8.6%	$159,520
2011	$1,796 -1%	$159,520 +9.5%
2010	$1,814 +7.6%	$145,680
2009	$1,685 +2.5%	$145,680
2008	$1,644 +14.5%	$145,680 +7%
2007	$1,436 -2.3%	$136,150 +0.8%
2006	$1,469 +3.5%	$135,060
2005	$1,419 +6.1%	$135,060 +23.9%
2003	$1,337 -0.6%	$109,020
2002	$1,345 +20.3%	$109,020 +18%
2001	$1,118	$92,390