Fixer-Upper Alert! 4-Bedroom Home in Historic Church Row – Yours for $45K! ???
627 W 3rd Street, Waterloo, IA 50701
Price: $45,000 – Because We Know It Needs Work!
4 Beds | 3 Baths | 2,237 Sq. Ft.
Fireplace? Yep! | ?? Lot Size: 8,400 Sq. Ft.
Investor Special | DIY Dream | Future Flip Opportunity
________________________________________
Alright, folks—this is not your move-in-ready, Pinterest-perfect, Joanna Gaines-approved home. But what it is… is an opportunity.
This 1932-built charmer is sitting in Waterloo’s historic Church Row neighborhood, just waiting for someone with vision, elbow grease, and a solid playlist to bring it back to life. If you're an investor, house flipper, or ambitious DIYer, this could be the diamond in the rough you've been looking for.
Here’s the Honest Scoop:
Tons of space: 4 bedrooms, 3 full bathrooms, and a layout with room to breathe.
Character galore: Built-in 1932, this place has stories to tell—original details just waiting to be restored.
Serious potential: Homes in this area are selling for much more once fixed up—meaning this could be a sweet investment.
But Let's Keep It Real – It Needs Work:
Electrical system updates? Yep.
Drywall and paint? Bring your rollers.
Kitchen remodel? That’s on the list too.
General TLC? Absolutely.
That’s why it’s priced at just $45,000!
________________________________________
Why Buy Here?
Historic Church Row: A neighborhood with charm, character, and history.
Close to Downtown: Shops, restaurants, and entertainment just minutes away.
Solid School District: Waterloo Community Schools serve the area.
________________________________________
Want to Check It Out? Let’s Talk.
August Throndson – Call/Text: 515-341-5776
Email: Tri.T.Finishing@gmail.com
Sold for $25,139
$25,139
627 W 3rd St, Waterloo, IA 50701
4beds
2,237sqft
SingleFamily
Built in 1932
8,400 Square Feet Lot
$93,500 Zestimate®
$11/sqft
$1,553 Estimated rent
Home value
$93,500
$64,000 - $131,000
$1,553/mo
Zestimate® history
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$135/mo
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List your homeWhat's special
Character galore
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Other, Other
Cooling
- Other
Features
- Flooring: Carpet, Linoleum / Vinyl
- Basement: Finished
- Has fireplace: Yes
- Fireplace features: masonry
Interior area
- Total interior livable area: 2,237 sqft
Property
Parking
- Parking features: Garage - Detached
Features
- Exterior features: Brick
Lot
- Size: 8,400 Square Feet
Details
- Parcel number: 891326255007
Construction
Type & style
- Home type: SingleFamily
Materials
- brick
- Foundation: Concrete
- Roof: Asphalt
Condition
- Year built: 1932
Community & HOA
Location
- Region: Waterloo
Financial & listing details
- Price per square foot: $11/sqft
- Tax assessed value: $76,660
- Annual tax amount: $1,464
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 3/6/2025 | Pending sale | $45,000$20/sqft |
Source: Owner Report a problem | ||
| 3/4/2025 | Listed for sale | $45,000+79%$20/sqft |
Source: Owner Report a problem | ||
| 8/28/2024 | Sold | $25,139$11/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,464 +28.5% | $76,660 +13.6% |
| 2024 | $1,140 +14% | $67,480 |
| 2023 | $1,000 +2.9% | $67,480 +24% |
| 2022 | $972 -15.8% | $54,400 |
| 2021 | $1,155 +2.1% | $54,400 -8.7% |
| 2020 | $1,131 -1.4% | $59,570 |
| 2019 | $1,148 -1.4% | $59,570 |
| 2018 | $1,164 0% | $59,570 -2.2% |
| 2017 | $1,164 -5.2% | $60,920 |
| 2016 | $1,228 | $60,920 |
| 2015 | $1,228 +4.8% | $60,920 |
| 2014 | $1,172 -18.3% | $60,920 -10.3% |
| 2012 | $1,434 -2.1% | $67,930 |
| 2011 | $1,464 +3.3% | $67,930 -3.9% |
| 2010 | $1,418 +2.8% | $70,680 |
| 2009 | $1,379 +2.2% | $70,680 |
| 2008 | $1,350 +1.7% | $70,680 +7% |
| 2007 | $1,327 -0.5% | $66,050 |
| 2006 | $1,334 -17.6% | $66,050 |
| 2005 | $1,619 +5.8% | $66,050 -3.2% |
| 2003 | $1,530 +1.7% | $68,220 |
| 2002 | $1,505 +10.7% | $68,220 +18% |
| 2001 | $1,359 | $57,810 |
Find assessor info on the county website
Neighborhood: Church Row Historic
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Nearby schools
GreatSchools rating
- 5/10Irving Elementary SchoolGrades: K-5Distance: 0.4 mi
- 2/10Central Middle SchoolGrades: 6-8Distance: 2.7 mi
- 3/10West High SchoolGrades: 9-12Distance: 1.5 mi
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$93,500
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+$1,870
With Zillow Showcase(estimated)
$95,370
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$93,500
2% more
+$1,870
With Zillow Showcase(estimated)
$95,370