Fall in love with this beautifully restored in-town riverfront estate, where timeless character meets modern comfort and breathtaking natural beauty. Renovated with exacting attention to detail, this home boasts four bedrooms and three bathrooms, a three-season porch, entertainment room, two-car garage, and a large unfinished basement, ideal for expansion. The property sits on a secluded lot at a bend in the Cedar River, with a large adjacent lot functioning as a river-park. Too many updates to list in their entirety: new flooring throughout, three brand-new bathrooms, elevated landscaping across property, interior and exterior paint, new covered canoe-rack, tool shed, radon mitigation system, and more. This distinctive property offers an elevated blend of historic charm, quality craftsmanship, and convenient access to all that Waverly has to offer. Come take a look if you would enjoy waking up to peaceful river views, unwinding in your own private retreat, or enjoying the rare opportunity to experience waterfront living every day.
For sale
$479,000
428 1st St SE, Waverly, IA 50677
4beds
2,285sqft
Single Family Residence
Built in 1973
0.46 Acres Lot
$454,300 Zestimate®
$210/sqft
$-- HOA
What's special
Modern comfortThree bathroomsEntertainment roomFour bedroomsThree brand-new bathroomsPeaceful river viewsInterior and exterior paint
- 15 days
- 1,069
- 60
Zillow last checked:
Listing updated:
Listed by:
Justin Schedtler 404-406-5124,
RE/MAX Concepts - Waverly
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20264447
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 3/4 bathrooms: 2
Other
- Level: Upper
Other
- Level: Main
Other
- Level: Lower
Heating
- Electric, Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Disposal, Free-Standing Range, Washer, Gas Water Heater
Features
- Cathedral Ceiling(s), Ceiling Fan(s)
- Basement: Block,Interior Entry,Floor Drain,Radon Mitigation System,Unfinished
- Has fireplace: Yes
- Fireplace features: One, Living Room, Wood Burning
Interior area
- Total interior livable area: 2,285 sqft
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached Garage, Carport, Garage Door Opener
- Has attached garage: Yes
- Carport spaces: 2
Features
- Patio & porch: Deck, Enclosed
- Exterior features: Fishing, Garden
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: River Front, Waterfront
Lot
- Size: 0.46 Acres
- Dimensions: 107x213x82x213
- Features: Landscaped
Details
- Parcel number: 0902326002
- Zoning: R-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vertical Siding
- Roof: Shingle
Condition
- Year built: 1973
Details
- Builder name: Strotman Building Center
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Waverly
Financial & listing details
- Price per square foot: $210/sqft
- Tax assessed value: $346,410
- Annual tax amount: $5,518
- Date on market: 9/16/2026
- Cumulative days on market: 16 days
- Road surface type: Concrete, Hard Surface Road
Estimated market value
$454,300
$432,000 - $477,000
$2,206/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2026 | Listed for sale | $479,000+44.7%$210/sqft |
Source:  Northeast Iowa Regional BOR as distributed by MLS GRID #20264447 Report a problem | ||
| 6/7/2024 | Sold | $331,000+1.8%$145/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20241346 Report a problem | ||
| 4/13/2024 | Pending sale | $325,000$142/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20241346 Report a problem | ||
| 4/9/2024 | Listed for sale | $325,000$142/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20241346 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,916 +20.3% | $318,610 +15.9% |
| 2024 | $4,086 +7.8% | $274,990 +12.5% |
| 2023 | $3,790 +3.6% | $244,360 +19.8% |
| 2022 | $3,658 -1.7% | $203,890 |
| 2021 | $3,722 -1.1% | $203,890 +5% |
| 2020 | $3,762 +0.2% | $194,210 |
| 2019 | $3,753 -1.1% | $194,210 -2.3% |
| 2018 | $3,794 +7.9% | $198,880 -1.1% |
| 2017 | $3,516 -8.4% | $201,140 |
| 2016 | $3,838 | $201,140 +7% |
| 2015 | $3,838 +7.1% | $187,980 |
| 2014 | $3,582 +15.8% | $187,980 |
| 2013 | $3,094 +8.1% | -- |
| 2012 | $2,862 +1.4% | -- |
| 2011 | $2,822 +4.8% | -- |
| 2010 | $2,692 +4.9% | -- |
| 2009 | $2,566 +0.2% | -- |
| 2008 | $2,560 +5.1% | -- |
| 2007 | $2,436 +16.3% | -- |
| 2005 | $2,094 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 50677
Nearby schools
Schools provided by the listing agent
- Elementary: Waverly/Shell Rock
- Middle: Waverly/Shell Rock
- High: Waverly/Shell Rock
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.
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