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For sale
  • Price cut: $10.1K (9/20)
    $208,900

    501 Park Ln, Waterloo, IA 50702

    4beds
    1,896sqft
    : 
    $1,639/mo
    Get pre-qualified
    Single Family Residence
    Built in 1961
    0.28 Acres Lot
    $206,100 Zestimate®
    $110/sqft
    $-- HOA

    What's special

    Gas fireplaceTwo-stall garageBasement workshopBuilt-in shelvingFlexible living spaceFour-bedroom homeFour bedrooms
    More space, more possibilities—and now offered at $219,000! This four-bedroom home offers comfortable living areas, a fenced backyard, two-stall garage, and valuable improvements you won’t always find at this price. The kitchen features beautiful custom cabinetry with all appliances included and opens conveniently to the inviting main-level family room. Gather around the gas fireplace, display your favorites on the built-in shelving, or simply enjoy having another comfortable place to relax. Beautiful awning-style windows add character and natural light throughout the home. Outside, the deck and fully fenced yard create a wonderful setting for pets, play, gardening, or entertaining. The backyard shed offers even more possibilities—storage, workshop, hobby space, or the future she-shed or he-shed you’ve been imagining. Practical upgrades include a tankless water heater, radon mitigation system, basement workshop, and a two-stall garage with a built-in project counter. Conveniently located near the hospital, schools, shopping, and everyday essentials. If you’ve been looking for four bedrooms, flexible living space, and hard-to-find extras, 501 Park Lane deserves a closer look!
    40 days
    942
    43

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Marguerite T Pircer 319-230-1231,

    Re/Max Concepts,

    Matthew M Wikert 319-823-0714,

    Re/Max Concepts

    Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20264086MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Family Room, Workshop
      Other
      • Level: Upper
      Other
      • Level: Main
      Other
      • Level: Lower
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Ceiling Fan(s), Central Air
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Free-Standing Range, Refrigerator, Washer, Water Softener Owned
      • Laundry: Lower Level
      Features
      • Basement: Block,Partially Finished
      • Has fireplace: Yes
      • Fireplace features: One, Gas
      Interior area
      • Total interior livable area: 1,896 sqft
      • Finished area below ground: 500
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Detached Garage, Garage Door Opener
      • Carport spaces: 2
      Features
      • Patio & porch: Deck, Patio
      Lot
      • Size: 0.28 Acres
      • Dimensions: 126x195x195
      Details
      • Additional structures: Pool House
      • Parcel number: 881303153010
      • Zoning: R-2
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Ranch
      • Property subtype: Single Family Residence
      Materials
      • Aluminum Siding
      • Roof: Asphalt
      Condition
      • Year built: 1961

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Waterloo

      Financial & listing details

      • Price per square foot: $110/sqft
      • Tax assessed value: $215,870
      • Annual tax amount: $4,405
      • Date on market: 8/26/2026
      • Cumulative days on market: 41 days
      • Road surface type: Concrete, Hard Surface Road

        Estimated market value

        $206,100

        $196,000 - $216,000

        $1,464/mo

        Price history

        DateEventPrice
        9/20/2026Price change$208,900-4.6%$110/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20264086 Report a problem
        9/7/2026Price change$219,000-4.4%$116/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20264086 Report a problem
        8/26/2026Listed for sale$229,000+27.2%$121/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20264086 Report a problem
        5/21/2021Sold$180,000+20%$95/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20211424 Report a problem
        6/1/2009Sold$150,000-3.2%$79/sqft
        Source: Public Record Report a problem
        2/1/2009Price change$154,900-2.5%$82/sqft
        Source: iHOUSEWeb Solutions, Inc Report a problem
        12/10/2008Listed for sale$158,900$84/sqft
        Source: iHOUSEWeb Solutions, Inc Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$4,337 +8.5%$215,870 +8%
        2024$3,996 +14.9%$199,930
        2023$3,477 +2.8%$199,930 +26.3%
        2022$3,381 +9.3%$158,320 +0.1%
        2021$3,093 +1.8%$158,130 +8.9%
        2020$3,039 -1.1%$145,170
        2019$3,072 +1%$145,170
        2018$3,042 +0%$145,170
        2017$3,042 -1.7%$145,170
        2016$3,096 $145,170
        2015$3,096 +5.8%$145,170 +4.6%
        2014$2,926 -8.5%$138,810 -8.4%
        2012$3,198 +8.6%$151,550
        2011$2,946 +3.3%$151,550 +6.6%
        2010$2,852 +5.8%$142,170
        2009$2,695 +2.3%$142,170
        2008$2,635 +1.8%$142,170 +7%
        2007$2,589 -0.5%$132,870
        2006$2,602 +17.4%$132,870
        2005$2,216 +6%$132,870 +37.2%
        2003$2,091 +1.7%$96,840
        2002$2,057 +11.1%$96,840 +18%
        2001$1,852 $82,070
        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.
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Park Haven

        Getting around

        50 / 100
        Car-Dependent
        24 / 100
        Minimal Transit
        36 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Lou Henry
        • 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.

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