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For sale
  • Price cut: $50K (6/25)
    $649,900

    514 Columbia Cir, Waterloo, IA 50701

    5beds
    5,850sqft
    : 
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    Single Family Residence
    Built in 1906
    2.1 Acres Lot
    $610,000 Zestimate®
    $111/sqft
    $-- HOA

    What's special

    Four fireplacesFrench doorsLarge entertaining spacesMultiple gathering roomsRecreation roomSweeping lawnsPrivate lighted tennis court
    Introducing Pinehurst Manor, a landmark Waterloo estate set on over two acres in the heart of town, offering two homes, rare amenities, and nearly 7,000 sq ft of combined living space. This is the original Reber family farmhouse, built in 1906 and the namesake of Reber Street. Later home to the Kingsley family (of Kingsley Elementary), it is one of the only named residential estates in the county. Owned by the same family since 1964, it has not changed hands in over six decades. The property includes two legal addresses — 514 Columbia Circle and 2220 W. 4th Street — with driveway entrances from each street. The circular layout and extended paved areas provide off-street parking for 20+ vehicles, exceeding nearly any residential property in the county. The main residence, originally constructed in 1906 and expanded in the early 1970s, offers approximately 5,850 sq ft with 5 bedrooms (one used as a den) and 4 full bathrooms, plus an additional shower, sink, and toilet in the lower level. Architectural features include four fireplaces, leaded-glass windows in the dining room, French doors, custom millwork, and large entertaining spaces. The 1972 expansion added many of the home’s signature spaces: the great room/family room, three upstairs bedrooms, the fifth bedroom/den, the indoor pool room, the game room, the recreation room, and the updated kitchen. The second-floor library includes floor-to-ceiling bookshelves, warm wood finishes, and a spiral staircase connecting to the great room below. Grand interior spaces include a large living room with columns and fireplace, a formal dining room with leaded glass, and a paneled great room with high ceilings and architectural character. Additional amenities include custom drapery, multiple gathering rooms, and large windows overlooking the grounds. The estate also includes an indoor swim-spa pool, a custom soaking-tub bathroom with stained-glass accents, a game room with pool table and arcade area, and a recreation room ideal for media or play. The second home, built in 2004, offers 930 sq ft with 2 bedrooms and 1 full bathroom, suitable for guests, extended family, or private use. Recent improvements include new roofs on the main house, guest house, and multi-stall garage, all approved and inspected on 4/11/24. Outdoor amenities include mature trees, sweeping lawns, multiple patios, and a private, lighted tennis court. The property also has its own private well, used for the pond fountain and for lawn and garden irrigation. The insurance policy replacement-cost coverage is $1.299 million, underscoring the value of the estate relative to its size, acreage, amenities, and historic significance. Pinehurst Manor combines heritage, architectural character, and features that cannot be replicated today — an irreplaceable piece of Waterloo’s history.
    127 days
    |
    1,926
    |
    71
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Justin Reuter 319-939-5112,

    Oakridge Real Estate

    Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20260603MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 4
      • Full bathrooms: 2
      • 3/4 bathrooms: 1
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Great Room, Library/Office, Primary Bedroom En Suite, Primary Bedroom w/ Closet
      Other
      • Level: Upper
      Other
      • Level: Main
      Other
      • Level: Lower
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Cooktop, Dishwasher, Refrigerator
      Features
      • Beamed Ceilings, Ceiling-Specialty, Crown Molding, Pantry
      • Doors: French Doors
      • Basement: Block
      • Has fireplace: Yes
      • Fireplace features: Multiple
      Interior area
      • Total interior livable area: 5,850 sqft
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: 2 Stall, Detached Garage
      • Carport spaces: 2
      Features
      • Patio & porch: Deck
      Lot
      • Size: 2.1 Acres
      • Dimensions: 240 x 275 x 355
      Details
      • Additional structures: Pool House
      • Parcel number: 891334207007
      • Zoning: R-1
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Roof: Asphalt
      Condition
      • Year built: 1906

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Smoke Detector(s)
      Location
      • Region: Waterloo

      Financial & listing details

      • Price per square foot: $111/sqft
      • Tax assessed value: $622,140
      • Annual tax amount: $12,262
      • Date on market: 2/23/2026
      • Cumulative days on market: 141 days
      • Total actual rent: 0
      • Road surface type: Concrete

        Estimated market value

        $610,000

        $580,000 - $641,000

        $1,287/mo

        Price history

        DateEventPrice
        6/25/2026Price change$649,900-7.1%$111/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20260603 Report a problem
        6/5/2026Price change$699,900-6.7%$120/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20260603 Report a problem
        5/28/2026Price change$749,900-5.7%$128/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20260603 Report a problem
        5/22/2026Price change$795,000-0.5%$136/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20260603 Report a problem
        2/23/2026Listed for sale$799,000+131.6%$137/sqft
        Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20260603 Report a problem
        10/4/2006Sold$345,000$59/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$12,041 +7.3%$622,140 +7.5%
        2024$11,223 +1.2%$578,980
        2023$11,088 +2.7%$578,980 +12.7%
        2022$10,792 -3.1%$513,720
        2021$11,143 +2.4%$513,720 +2.6%
        2020$10,881 -0.9%$500,560 +0.7%
        2019$10,983 +0.9%$497,100
        2018$10,889 +0%$497,100
        2017$10,888 -1.7%$497,100
        2016$11,080 $497,100
        2015$11,080 +5.4%$497,100 +4.6%
        2014$10,508 +0.2%$475,430 -4.4%
        2012$10,491 -2.5%$497,100
        2011$10,758 +3.3%$497,100 -4.3%
        2010$10,415 +2.8%$519,210
        2009$10,133 +2.2%$519,210
        2008$9,916 +1.7%$519,210 +7%
        2007$9,752 +35.4%$485,240
        2005$7,205 +9.2%$485,240 +65%
        2003$6,597 +1.7%$294,150
        2002$6,489 +10.7%$294,150 +18%
        2001$5,860 $249,280

        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

        54 / 100
        Somewhat Walkable
        20 / 100
        Minimal Transit
        35 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Kingsley Elementary
        • Middle: Hoover Intermediate
        • High: West Central CSD

        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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