Pending

$460,000

5021 Mercedes Bnd, Waterloo, IA 50701

4beds

2,310sqft

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Single Family Residence

Built in 2003

0.3 Acres Lot

$461,700 Zestimate^®

$199/sqft

$42/mo HOA

What's special

Exceptional 4-bedroom, 3-bathroom home featuring spacious living areas and a partially finished basement designed for both comfort and entertaining. The inviting floor plan offers generous room sizes throughout, including a large primary bedroom suite that serves as a private retreat. Whether hosting family gatherings or enjoying a quiet evening at home, this property provides the perfect balance of functionality and warmth. A highlight of the home is the stunning sunroom, offering abundant natural light and a peaceful space to enjoy every season. The finished lower level provides additional living space ideal for a family room, game room, home gym, or guest accommodations. Combining versatility, comfort, and timeless appeal, this home is ready to welcome its next chapter.

29 days

341

8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 2
3/4 bathrooms: 1

Rooms

Room types: Main Floor Laundry, Primary Bedroom En Suite, Primary Bedroom w/ Closet, Sunroom, Lwr Level Family Room

Other

Level: Upper

Other

Level: Main

Other

Level: Lower

Heating

Electric

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Free-Standing Range, Electric Water Heater, Water Softener Owned
Laundry: 1st Floor, Laundry Room

Features

Ceiling Fan(s), Crown Molding
Doors: French Doors, Sliding Doors, Paneled Doors
Basement: Partially Finished
Has fireplace: Yes
Fireplace features: Multiple, Gas, Living Room, Master Bedroom

Interior area

Total interior livable area: 2,310 sqft
Finished area below ground: 1,300

Property

Parking

Total spaces: 3
Parking features: 3 or More Stalls, Attached Garage
Has attached garage: Yes
Carport spaces: 3

Features

Patio & porch: Deck, Covered

Lot

Size: 0.3 Acres
Dimensions: 80 x 163
Features: Landscaped

Details

Parcel number: 881314126029
Zoning: R-1
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Brk Accent, Vinyl Siding
Roof: Asphalt

Condition

Year built: 2003

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Has HOA: Yes
HOA fee: $500 annually

Location

Region: Waterloo

Financial & listing details

Price per square foot: $199/sqft
Tax assessed value: $418,290
Annual tax amount: $8,772
Date on market: 6/11/2026
Cumulative days on market: 2 days
Road surface type: Concrete, Hard Surface Road

Estimated market value

$461,700

$439,000 - $485,000

$2,352/mo

Price history

Date	Event	Price
6/12/2026	Pending sale	$460,000$199/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20262637 Report a problem
6/11/2026	Listed for sale	$460,000+58.6%$199/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20262637 Report a problem
8/30/2012	Sold	$290,000-3.3%$126/sqft
Source: Public Record Report a problem
6/22/2012	Price change	$299,900-3.2%$130/sqft
Source: Inspired Real Estate #202698 Report a problem
4/24/2012	Listed for sale	$309,900+1.6%$134/sqft
Source: Inspired Real Estate #202698 Report a problem
4/4/2005	Sold	$305,000$132/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,773 +8.6%	$418,290 +0.9%
2024	$8,078 +22.6%	$414,620
2023	$6,591 +2.7%	$414,620 +34.2%
2022	$6,415 -5.7%	$309,000
2021	$6,804 +1.7%	$309,000
2020	$6,689 -1%	$309,000
2019	$6,754 +0.9%	$309,000
2018	$6,695 +0%	$309,000
2017	$6,694 -1.7%	$309,000
2016	$6,812	$309,000
2015	$6,812 +0.8%	$309,000
2014	$6,760 -1.2%	$309,000 -4.7%
2012	$6,841 +5%	$324,130
2011	$6,513 +3.3%	$324,130 +3.1%
2010	$6,305 +2.8%	$314,330
2009	$6,134 +2.2%	$314,330
2008	$6,003 +1.7%	$314,330 +7%
2007	$5,904 +13.2%	$293,770
2006	$5,217 +263.3%	$293,770 +13.7%
2005	$1,436	$258,310 +99250%
2003	--	$260

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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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.

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Climate risks

Neighborhood: 50701

Getting around

0 / 100

Car-Dependent

14 / 100

Minimal Transit

38 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

8/10
Orange Elementary School
Grades: PK-5Distance: 1.5 mi
6/10
Hoover Middle School
Grades: 6-8Distance: 2.2 mi
3/10
West High School
Grades: 9-12Distance: 2.3 mi

Schools provided by the listing agent

Elementary: Orange 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.