Welcome to 1240 Lyon Ave, a charming Waterloo home perfect for first-time buyers or those seeking a comfortable retirement haven! This delightful property features three bedrooms and two bathrooms, offering ample space for family and guests. The main level boasts beautiful hardwood floors and an open floor plan, ideal for both relaxed living and entertaining. Enjoy flexible living spaces with an upstairs living room, a basement family room, and an additional bonus room that can be tailored to your needs, whether it's a home office, exercise area, or hobby workshop. Updated windows,front doors, storm doors, roof, and appliances ensure worry-free living, while the fenced yard provides privacy and security. A two-stall garage and a large driveway offer plenty of parking. Conveniently located close to schools, parks, and shopping, this home offers an unbeatable combination of comfort, convenience, and style. Don't miss out on this Waterloo gem – schedule your showing today!
Sold for $185,000 on 11/13/25
Zestimate®
$185,000
1240 Lyon Ave, Waterloo, IA 50702
3beds
1,595sqft
Single Family Residence
Built in 1961
7,405.2 Square Feet Lot
$185,000 Zestimate®
$116/sqft
$1,384 Estimated rent
Home value
$185,000
$176,000 - $194,000
$1,384/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 13, 2025 at 11:43am
Listed by:
Elke M Gerdes 319-240-3034,
Structure Real Estate
Bought with:
Amy Schaefer, B57835
RE/MAX Concepts - Cedar Falls
Source: Northeast Iowa Regional BOR,MLS#: 20254969
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Other
- Level: Upper
Other
- Level: Main
Other
- Level: Lower
Dining room
- Level: Main
- Area: 60 Square Feet
- Dimensions: 8x7.5
Family room
- Level: Lower
- Area: 286 Square Feet
- Dimensions: 26x11
Kitchen
- Level: Main
- Area: 144 Square Feet
- Dimensions: 12x12
Living room
- Level: Main
- Area: 228 Square Feet
- Dimensions: 19x12
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Gas Water Heater
- Laundry: Lower Level
Features
- Basement: Block,Concrete,Partially Finished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 1,595 sqft
- Finished area below ground: 475
Property
Parking
- Total spaces: 2
- Parking features: 2 Stall, Detached Garage
- Carport spaces: 2
Features
- Fencing: Fenced
Lot
- Size: 7,405 sqft
- Dimensions: 55 x 135
Details
- Parcel number: 891336301014
- Zoning: R-2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Aluminum Siding
- Roof: Shingle,Asphalt
Condition
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Waterloo
Other
Other facts
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 11/13/2025 | Sold | $185,000+0.3%$116/sqft |
Source:  Northeast Iowa Regional BOR #20254969 | ||
| 10/12/2025 | Pending sale | $184,500$116/sqft |
Source: Northeast Iowa Regional BOR #20254969 | ||
| 10/9/2025 | Listed for sale | $184,500$116/sqft |
Source: Northeast Iowa Regional BOR #20254969 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,626 +13% | $141,850 |
| 2023 | $2,324 +2.8% | $141,850 +23.7% |
| 2022 | $2,260 +2.9% | $114,680 |
Find assessor info on the county website
Neighborhood: Liberty Park
Nearby schools
GreatSchools rating
- 3/10Kittrell Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 6/10Hoover Middle SchoolGrades: 6-8Distance: 1.5 mi
- 3/10West High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Elementary: Kittrell 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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