For sale

Price cut: $25K (8/10)

$225,000

413 Water St, Cambridge, IA 50046

3beds

1,440sqft

$1,618/mo

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Single Family Residence

Built in 1890

0.41 Acres Lot

$-- Zestimate^®

$156/sqft

$-- HOA

What's special

Replacement windowsSteel sidingLot sizeHardwoods under the carpet

This house offers leverage for the handy homeowner. With this lot size, there's plenty of room for an oversized garage or shop. The bigger ticket items in the house are already done. Roof including sheathing was done in 2025. Electrical and HVAC are updated. Steel siding and replacement windows. That leaves cosmetic projects like flooring because there are hardwoods under the carpet, paint, fixtures, or additional bathroom options, etc. Have you wanted to live in a place where kids can ride bikes with almost no traffic? Where you can have a big garden on your own property? The options for a buyer willing to work hard/leverage their skills to transform a property into what they want are right here in Cambridge. All information is from seller and public records.

44 days

1,062

41

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 1
3/4 bathrooms: 1
Main level bedrooms: 2

Heating

Forced Air, Gas

Cooling

Central Air

Appliances

Included: Dryer, Refrigerator, Stove, Washer

Features

Dining Area, Eat-in Kitchen, Second Kitchen
Flooring: Vinyl
Basement: Crawl Space,Partial

Interior area

Total structure area: 1,440
Total interior livable area: 1,440 sqft

Property

Parking

Total spaces: 1
Parking features: Garage
Garage spaces: 1

Features

Stories: 1

Lot

Size: 0.41 Acres
Dimensions: 142 x 127
Features: Rectangular Lot

Details

Parcel number: 1421258350
Zoning: R

Construction

Type & style

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

Materials

Metal Siding
Foundation: Brick/Mortar
Roof: Asphalt,Shingle

Condition

Year built: 1890

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: No

Location

Region: Cambridge

Financial & listing details

Price per square foot: $156/sqft
Tax assessed value: $158,700
Annual tax amount: $2,180
Date on market: 7/14/2026
Cumulative days on market: 45 days
Listing terms: Cash,Conventional
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/10/2026	Price change	$225,000-10%$156/sqft
Source: DMMLS #745108 Report a problem
7/14/2026	Listed for sale	$250,000$174/sqft
Source: DMMLS #745108 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,180 +1.6%	$158,700 +14.9%
2024	$2,146 -1.6%	$138,100
2023	$2,180 +4.6%	$138,100 +16.8%
2022	$2,084 +11.7%	$118,200
2021	$1,866 -6.3%	$118,200 +16.8%
2020	$1,991 +3.5%	$101,200
2019	$1,923 +7.2%	$101,200 +7.7%
2018	$1,795 +10.6%	$94,000
2017	$1,622 -4.4%	$94,000 +5.9%
2016	$1,696	$88,800
2015	$1,696 +2.5%	$88,800 +2.9%
2014	$1,654	$86,300
2013	--	$86,300 -0.9%
2012	--	$87,100
2011	$1,510 +41.7%	$87,100 +27.5%
2004	$1,066 +0.2%	$68,300
2003	$1,064 -8.7%	--
2002	$1,166 -1.1%	$33,636 -3.6%
2001	$1,179	$34,884