This 1960 home offers 1,538 sq. ft. of living space with 2 bedrooms and 1 updated bathroom. Upon entry, a versatile front flex space works well as a formal dining room or additional living area and features sliding glass doors leading to a private wood deck. The kitchen includes a stainless steel refrigerator and a sleek stainless steel glass electric cooktop. Original hardwood floors run through the bedrooms and living room, where a large picture window fills the space with natural light. The updated bathroom features: a new vanity, mirror, shower surround, toilet, and modern storage cabinetry. A finished basement adds valuable bonus space, ideal for a family room, game room, or potential future third bedroom with the addition of an egress window. Outside, this corner-lot property offers a fully fenced yard with shade, privacy, and a large storage shed. Additional highlights include a two-stall attached garage and Darawf bluetooth smartlocks on both the front and side doors. This home has recently been professionally cleaned and is completely move-in ready!
Sold for $145,000
$145,000
502 McShane Ave, Waterloo, IA 50703
2beds
1,583sqft
Single Family Residence
Built in 1960
8,276.4 Square Feet Lot
$145,500 Zestimate®
$92/sqft
$1,064 Estimated rent
Home value
$145,500
$131,000 - $163,000
$1,064/mo
Zestimate® history
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List your homeWhat's special
Original hardwood floorsPrivate wood deckVersatile front flex spaceCorner-lot propertyTwo-stall attached garageLarge storage shed
Zillow last checked:
Listing updated:
Listed by:
Kristina Smith 319-215-5312,
RE/MAX Concepts - Waverly
Bought with:
Amy Schaefer, B57835
RE/MAX Concepts - Cedar Falls
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20260314
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Other
- Level: Upper
Other
- Level: Main
Other
- Level: Lower
Heating
- Forced Air, Natural Gas
Cooling
- Attic Fan, Ceiling Fan(s), Central Air
Appliances
- Included: Dryer, Free-Standing Range, Refrigerator, Washer, Gas Water Heater
- Laundry: Lower Level
Features
- Ceiling-Cove, Ceiling Fan(s)
- Flooring: Hardwood
- Basement: Block,Concrete,Partially Finished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 1,583 sqft
- Finished area below ground: 575
Property
Parking
- Total spaces: 2
- Parking features: 2 Stall, Attached Garage
- Has attached garage: Yes
- Carport spaces: 2
Features
- Patio & porch: Deck
- Fencing: Fenced
Lot
- Size: 8,276 sqft
- Dimensions: 60 x 139
- Features: Corner Lot
Details
- Parcel number: 891310482012
- 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: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Waterloo
Other
Other facts
- Road surface type: Crushed Rock, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/26/2026 | Sold | $145,000$92/sqft |
Source:  Northeast Iowa Regional BOR as distributed by MLS GRID #20260314 Report a problem | ||
| 1/26/2026 | Pending sale | $145,000$92/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20260314 Report a problem | ||
| 1/23/2026 | Listed for sale | $145,000+35.5%$92/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20260314 Report a problem | ||
| 10/1/2019 | Sold | $107,000-0.8%$68/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20192844 Report a problem | ||
| 10/1/2019 | Listed for sale | $107,900$68/sqft |
Source: RE/MAX Home Group - Cedar Falls #20192844 Report a problem | ||
| 8/27/2019 | Pending sale | $107,900$68/sqft |
Source: RE/MAX Home Group - Cedar Falls #20192844 Report a problem | ||
| 8/9/2019 | Price change | $107,900-4.1%$68/sqft |
Source: RE/MAX Home Group - Cedar Falls #20192844 Report a problem | ||
| 6/4/2019 | Listed for sale | $112,500+16%$71/sqft |
Source: RE/MAX Home Group - Cedar Falls #20192844 Report a problem | ||
| 4/10/2019 | Listing removed | $96,999$61/sqft |
Source: Owner Report a problem | ||
| 2/23/2019 | Price change | $96,999-1.5%$61/sqft |
Source: Owner Report a problem | ||
| 2/18/2019 | Price change | $98,500-1.5%$62/sqft |
Source: Owner Report a problem | ||
| 2/13/2019 | Price change | $99,999-2.9%$63/sqft |
Source: Owner Report a problem | ||
| 2/11/2019 | Listed for sale | $102,999+13.2%$65/sqft |
Source: Owner Report a problem | ||
| 4/1/2014 | Sold | $91,000$57/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,381 +8.5% | $150,340 -3.5% |
| 2024 | $3,115 +26% | $155,830 |
| 2023 | $2,472 +2.7% | $155,830 +38.4% |
| 2022 | $2,407 -0.3% | $112,560 |
| 2021 | $2,414 +10.8% | $112,560 +5.6% |
| 2020 | $2,178 -1.2% | $106,560 |
| 2019 | $2,204 +1% | $106,560 |
| 2018 | $2,181 0% | $106,560 |
| 2017 | $2,182 -1.7% | $106,560 |
| 2016 | $2,220 | $106,560 |
| 2015 | $2,220 +25.1% | $106,560 +17% |
| 2014 | $1,774 -9.2% | $91,050 -5.4% |
| 2012 | $1,954 +4.1% | $96,220 |
| 2011 | $1,876 +3.4% | $96,220 +1.9% |
| 2010 | $1,814 +2.9% | $94,380 |
| 2009 | $1,763 +2.3% | $94,380 |
| 2008 | $1,722 +1.9% | $94,380 +7% |
| 2007 | $1,691 +5.2% | $88,200 |
| 2006 | $1,608 -8.6% | $88,200 +5.5% |
| 2005 | $1,760 +6% | $83,630 +7.8% |
| 2003 | $1,660 +1.6% | $77,610 |
| 2002 | $1,633 +11.2% | $77,610 +18% |
| 2001 | $1,469 | $65,770 |
Find assessor info on the county website
Neighborhood: 50703
Nearby schools
GreatSchools rating
- 3/10Lincoln Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 2/10George Washington Carver AcademyGrades: 6-8Distance: 1.1 mi
- 2/10East High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Elementary: Lincoln Elementary Waterloo
- Middle: George Washington Carver Academy
- High: East High
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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- Iowa
- Black Hawk County
- Waterloo
- 50703
- 502 McShane Ave
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