For sale

$174,900

245 Derbyshire Rd, Waterloo, IA 50701

2beds

1,268sqft

$1,301/mo

Get pre-qualified

Single Family Residence

Built in 1947

9,147 Square Feet Lot

$173,200 Zestimate^®

$138/sqft

$-- HOA

What's special

Historic tree-lined prospect boulevardOriginal hardwood floorsCustom updated kitchen

Location, location, location! Opportunity meets convenience in this charming, centrally located Waterloo ranch home with original hardwood floors. Offering 2 bedrooms, 1 full bath, a custom updated kitchen, a sunroom, and an insulated oversized detached 3+ stall garage with a 135’ thick-poured driveway, this property is full of potential! Enjoy being within walking distance of Kingsley Elementary and historic, tree-lined Prospect Boulevard. Situated just minutes from shopping, dining, parks, and other everyday amenities, this home is an amazing opportunity for anyone looking for a well-located property with exceptional garage space and endless potential.

7 days

1,403

78

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Other

Level: Upper

Other

Level: Main

Other

Level: Lower

Heating

Forced Air

Cooling

Central Air

Appliances

Laundry: Lower Level

Features

Ceiling Fan(s)
Basement: Partially Finished
Has fireplace: No
Fireplace features: None

Interior area

Total interior livable area: 1,268 sqft
Finished area below ground: 500

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 3
Parking features: 3 or More Stalls, Detached Garage
Carport spaces: 3

Lot

Size: 9,147 Square Feet
Dimensions: 60x150

Details

Parcel number: 891334427042
Zoning: R-1
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Vinyl Siding
Roof: Shingle,Asphalt

Condition

Year built: 1947

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Waterloo

Financial & listing details

Price per square foot: $138/sqft
Tax assessed value: $125,700
Annual tax amount: $2,648
Date on market: 7/23/2026
Cumulative days on market: 8 days
Road surface type: Concrete, Hard Surface Road

Estimated market value

$173,200

$165,000 - $182,000

$1,199/mo

Price history

Date	Event	Price
7/23/2026	Listed for sale	$174,900+30%$138/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20263427 Report a problem
11/18/2022	Sold	$134,500$106/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,426 +8.8%	$125,700 +3%
2024	$2,230 +7.8%	$122,040
2023	$2,070 +2.8%	$122,040 +18.4%
2022	$2,013 -1.2%	$103,110
2021	$2,037 +1.9%	$103,110 +4.7%
2020	$1,999 -1.2%	$98,520
2019	$2,023 +1%	$98,520
2018	$2,002 +0%	$98,520
2017	$2,002 -1.8%	$98,520
2016	$2,038	$98,520
2015	$2,038 +5.8%	$98,520 +4.4%
2014	$1,926 -7.4%	$94,380 -4.2%
2012	$2,079 +5.4%	$98,520
2011	$1,974 +3.3%	$98,520 +3.4%
2010	$1,911 +2.8%	$95,260
2009	$1,859 +2.2%	$95,260
2008	$1,819 +1.7%	$95,260 +7%
2007	$1,789 -0.5%	$89,030
2006	$1,798 +3.5%	$89,030
2005	$1,738 +5.8%	$89,030 +21.6%
2003	$1,643 +1.7%	$73,240
2002	$1,616 +10.7%	$73,240 +18%
2001	$1,459	$62,070

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

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.

See how much you could borrow to make a competitive offer.

Get pre-qualified

Climate risks

Neighborhood: 50701

Getting around

62 / 100

Somewhat Walkable

21 / 100

Minimal Transit

44 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

6/10
Kingsley Elementary School
Grades: K-5Distance: 0.3 mi
6/10
Hoover Middle School
Grades: 6-8Distance: 0.8 mi
3/10
West High School
Grades: 9-12Distance: 0.5 mi

Schools provided by the listing agent

Elementary: Kingsley 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.