Ready for your next rental or first home that's affordable? This 3-bedroom, 1-bath home in Waterloo offers strong potential and immediate functionality. The property features original hardwood floors, natural woodwork, a spacious living room, and a separate kitchen with a breakfast bar—ideal foundations for easy cosmetic updates. A covered front porch, enclosed mudroom, and large backyard add curb appeal and tenant-friendly outdoor space. The unfinished basement provides laundry hookups and ample storage, plus room for future improvements to boost value. Located in a stable neighborhood across from a church and minutes from schools, this home offers consistent rental demand and long-term growth potential. A smart opportunity for investors seeking a reliable addition to their portfolio or first time home buyers looking for affordable and functional!
For sale
Price cut: $5K (12/2)
$89,500
324 Sumner St, Waterloo, IA 50703
3beds
1,011sqft
Est.:
Single Family Residence
Built in 1899
8,276.4 Square Feet Lot
$-- Zestimate®
$89/sqft
$-- HOA
What's special
Natural woodworkAmple storageEnclosed mudroomOriginal hardwood floorsLaundry hookupsLarge backyardCovered front porch
- 180 days |
- 342 |
- 15 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Stacey Dlouhy 210-383-0736,
Keller Williams Legacy Group
Source: CRAAR, CDRMLS,MLS#: 2507212
Originating MLS: Cedar Rapids Area Association Of Realtors
Originating MLS: Cedar Rapids Area Association Of RealtorsTour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Family Room
Other
- Level: First
Heating
- Gas
Cooling
- Central Air
Appliances
- Included: Range, Refrigerator, Range Hood
Features
- Breakfast Bar, Bath in Primary Bedroom, Main Level Primary
- Has basement: Yes
Interior area
- Total interior livable area: 1,011 sqft
- Finished area above ground: 1,011
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: None
Lot
- Size: 8,276.4 Square Feet
- Dimensions: 8400 sqft
Details
- Parcel number: 891324181006
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1899
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Waterloo
Financial & listing details
- Price per square foot: $89/sqft
- Tax assessed value: $54,680
- Annual tax amount: $1,186
- Date on market: 8/22/2025
- Listing terms: Cash,Conventional,FHA,USDA Loan,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
$939/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/2/2025 | Price change | $89,500-5.3%$89/sqft |
Source:  CRAAR, CDRMLS #2507212 Report a problem | ||
| 11/10/2025 | Price change | $94,500-4.5%$93/sqft |
Source: CRAAR, CDRMLS #2507212 Report a problem | ||
| 8/22/2025 | Listed for sale | $99,000-17.2%$98/sqft |
Source: CRAAR, CDRMLS #2507212 Report a problem | ||
| 5/1/2025 | Listing removed | $119,500$118/sqft |
Source:  Northeast Iowa Regional BOR #20244842 Report a problem | ||
| 2/19/2025 | Price change | $119,500-8.1%$118/sqft |
Source: Northeast Iowa Regional BOR #20244842 Report a problem | ||
| 10/29/2024 | Listed for sale | $130,000+173.7%$129/sqft |
Source: Northeast Iowa Regional BOR #20244842 Report a problem | ||
| 1/27/2022 | Sold | $47,500-13.6%$47/sqft |
Source: Northeast Iowa Regional BOR #20215819 Report a problem | ||
| 12/29/2021 | Pending sale | $54,999$54/sqft |
Source: Northeast Iowa Regional BOR #20215819 Report a problem | ||
| 12/22/2021 | Listed for sale | $54,999+30.9%$54/sqft |
Source: Northeast Iowa Regional BOR #20215819 Report a problem | ||
| 11/17/2004 | Sold | $42,000$42/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $1,093 +19.3% | $54,680 |
| 2023 | $916 +30.8% | $54,680 +31.1% |
| 2022 | $700 +2.7% | $41,720 |
| 2021 | $682 +2.4% | $41,720 +7.7% |
| 2020 | $667 -1.8% | $38,720 |
| 2019 | $679 +1.5% | $38,720 |
| 2018 | $669 +0.1% | $38,720 |
| 2017 | $668 -1.8% | $38,720 |
| 2016 | $680 | $38,720 |
| 2015 | $680 +1.2% | $38,720 |
| 2014 | $672 -17.8% | $38,720 |
| 2012 | $817 -26.2% | $38,720 |
| 2011 | $1,108 +3.3% | $38,720 -27.6% |
| 2010 | $1,072 +2.8% | $53,460 |
| 2009 | $1,043 +9.3% | $53,460 |
| 2008 | $955 +1.7% | $53,460 +14.5% |
| 2007 | $939 -0.5% | $46,710 |
| 2006 | $943 +52.7% | $46,710 |
| 2005 | $618 +5.8% | $46,710 +79.5% |
| 2003 | $584 +1.7% | $26,020 |
| 2002 | $574 +10.7% | $26,020 +18% |
| 2001 | $518 | $22,050 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$566/mo
Principal & interest
$462
Property taxes
$104
Climate risks
Neighborhood: 50703
Nearby schools
GreatSchools rating
- 3/10Cunningham SchoolGrades: PK-5Distance: 0.4 mi
- 2/10George Washington Carver AcademyGrades: 6-8Distance: 1.1 mi
- 2/10East High SchoolGrades: 9-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Cunningham
- Middle: Carver Academy
- High: East
Source: CRAAR, CDRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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