This updated 2-bedroom, 1-bathroom home in Waterloo is an excellent opportunity for a first-time homebuyer or investor. With 864 square feet of finished living space above grade, plus a full 864 square foot unfinished basement, this home offers great functionality and future potential. A detached 1-car garage adds convenience with off-street parking and extra storage. Step inside to find modern finishes and thoughtful updates throughout. The interior features new LVT flooring, fresh trim and doors, and updated door hardware. The kitchen has been completely renovated with new cabinetry, durable hard surface countertops, tiled floor and a clean, contemporary feel. The bathroom has also been fully remodeled with fresh fixtures and finishes, including a fully tiled floor and tub surround. Major improvements include a new roof, new windows, and an updated electrical service, giving buyers peace of mind for years to come. Whether you’re looking for a move-in ready home or a turn-key rental property, this one checks all the boxes. Conveniently located near local amenities, schools, and parks, this home combines comfort, style, and practicality. Don’t miss your chance to own this beautifully updated home—schedule your private showing today!
Sold for $145,000 on 05/15/25
Zestimate®
$145,000
121 Forest Ave, Waterloo, IA 50702
2beds
864sqft
Single Family Residence
Built in 1950
5,227.2 Square Feet Lot
$145,000 Zestimate®
$168/sqft
$1,029 Estimated rent
Home value
$145,000
$138,000 - $152,000
$1,029/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 16, 2025 at 04:03am
Listed by:
Maida Druzanovic 319-290-0268,
Structure Real Estate
Bought with:
Elijah Killian, S72443000
AWRE, EXP Realty, LLC
Source: Northeast Iowa Regional BOR,MLS#: 20251596
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Other
- Level: Upper
Other
- Level: Main
Other
- Level: Lower
Dining room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air, Natural Gas
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Appliances Negotiable, Dishwasher, Dryer, Disposal, Microwave Built In, Free-Standing Range, Refrigerator, Electric Water Heater
- Laundry: Electric Dryer Hookup, Lower Level, Washer Hookup
Features
- Ceiling Fan(s), Solid Surface Counters
- Doors: Paneled Doors
- Basement: Block,Floor Drain,Unfinished
- Attic: Pull Down Stairs
- Has fireplace: Yes
- Fireplace features: Electric
Interior area
- Total interior livable area: 864 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: 1 Stall, Detached Garage
- Carport spaces: 1
Features
- Patio & porch: Patio
Lot
- Size: 5,227 sqft
- Dimensions: 40x129
- Features: Corner Lot, Level
Details
- Parcel number: 891335105006
- Zoning: R-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Aluminum Siding, Stone
- Roof: Shingle
Condition
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Community
- Community features: Sidewalks
Location
- Region: Waterloo
Other
Other facts
- Road surface type: Crushed Rock, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2025 | Sold | $145,000+3.6%$168/sqft |
Source:  Northeast Iowa Regional BOR #20251596 | ||
| 4/18/2025 | Pending sale | $139,900$162/sqft |
Source: Northeast Iowa Regional BOR #20251596 | ||
| 4/15/2025 | Listed for sale | $139,900+79.4%$162/sqft |
Source: Northeast Iowa Regional BOR #20251596 | ||
| 11/20/2020 | Sold | $78,000-5.9%$90/sqft |
Source: Northeast Iowa Regional BOR #20205226 | ||
| 10/14/2020 | Pending sale | $82,900$96/sqft |
Source: Oakridge Real Estate #20205226 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,847 +13% | $92,430 |
| 2023 | $1,635 +2.7% | $92,430 +24.2% |
| 2022 | $1,591 +8.1% | $74,430 |
Find assessor info on the county website
Neighborhood: West Central
Nearby schools
GreatSchools rating
- 2/10Irving Elementary SchoolGrades: K-5Distance: 0.5 mi
- 6/10Hoover Middle SchoolGrades: 6-8Distance: 1.3 mi
- 3/10West High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Irving Elementary
- Middle: Hoover Intermediate
- High: West High
Source: Northeast Iowa Regional BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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