Welcome to 1221 Downing Ave! This home offers generous space and excellent equity-building potential. With just a bit of updating, it can truly shine and become a place you’ll be proud to call your own. The main level features a spacious front living room, a full bathroom, and two comfortable bedrooms with great closet space. The kitchen provides ample cabinetry and flows into the open dining area—perfect for everyday meals or entertaining. A convenient main floor laundry room adds to the functionality, while the primary suite with its own bathroom completes the level. Downstairs, you’ll find a large additional living area, a sizeable non-conforming bedroom, and a storage/utility room that provides plenty of space for your needs. Outside, enjoy the oversized two-stall garage and a large yard that’s perfect for relaxing or play. If you’re ready to make a house your home, don’t miss the chance to see this one—schedule your showing today!
For sale
Price cut: $2K (12/10)
$145,500
1221 Downing Ave, Waterloo, IA 50701
3beds
1,632sqft
Est.:
Single Family Residence
Built in 1940
0.41 Acres Lot
$142,200 Zestimate®
$89/sqft
$-- HOA
What's special
Sizeable non-conforming bedroomLarge yardOversized two-stall garageMain floor laundry roomOpen dining areaAmple cabinetryGreat closet space
- 117 days |
- 1,166 |
- 64 |
Zillow last checked: 8 hours ago
Listing updated: December 11, 2025 at 03:01am
Listed by:
Betty M Wroe 319-215-5945,
Oakridge Real Estate
Source: Northeast Iowa Regional BOR,MLS#: 20254103
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Rooms
- Room types: 1st Floor Entry, Master Bedroom
Other
- Level: Upper
Other
- Level: Main
Other
- Level: Lower
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave Built In, Free-Standing Range, Refrigerator, Washer, Gas Water Heater
- Laundry: 1st Floor, Laundry Room
Features
- Ceiling Fan(s)
- Doors: Sliding Doors
- Basement: Block,Interior Entry,Partially Finished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 1,632 sqft
- Finished area below ground: 288
Property
Parking
- Total spaces: 2
- Parking features: 2 Stall, Detached Garage, Oversized
- Carport spaces: 2
Features
- Fencing: Fenced
Lot
- Size: 0.41 Acres
- Dimensions: 59*300
Details
- Additional structures: Storage
- Parcel number: 891328276002
- Zoning: R-2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Sidewalks
Location
- Region: Waterloo
Financial & listing details
- Price per square foot: $89/sqft
- Tax assessed value: $169,640
- Annual tax amount: $3,295
- Date on market: 8/22/2025
- Cumulative days on market: 118 days
- Road surface type: Concrete
Estimated market value
$142,200
$135,000 - $149,000
$1,513/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/10/2025 | Price change | $145,500-1.4%$89/sqft |
Source:  Northeast Iowa Regional BOR #20254103 Report a problem | ||
| 11/11/2025 | Price change | $147,500-1%$90/sqft |
Source: Northeast Iowa Regional BOR #20254103 Report a problem | ||
| 10/29/2025 | Price change | $149,000-0.6%$91/sqft |
Source: Northeast Iowa Regional BOR #20254103 Report a problem | ||
| 10/2/2025 | Price change | $149,900-1.7%$92/sqft |
Source: Northeast Iowa Regional BOR #20254103 Report a problem | ||
| 9/9/2025 | Price change | $152,500-1.3%$93/sqft |
Source: Northeast Iowa Regional BOR #20254103 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | -- | $151,910 |
| 2023 | -- | $151,910 +21.1% |
| 2022 | -- | $125,410 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$791/mo
Principal & interest
$564
Property taxes
$176
Home insurance
$51
Climate risks
Neighborhood: 50701
Nearby schools
GreatSchools rating
- 5/10Fred Becker Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 1/10Central Middle SchoolGrades: 6-8Distance: 0.9 mi
- 3/10West High SchoolGrades: 9-12Distance: 2.2 mi
Schools provided by the listing agent
- Elementary: Fred Becker Elementary
- Middle: Central
- 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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