Spacious 5-bedroom (includes 2 non-conforming bedrooms), 2-bath home on 4.62 acres! This property offers plenty of versatility with multiple outbuildings, a fenced orchard area, and a 26’ x 40’ steel utility building. The neighboring property also rents approximately 2 acres for $500/year—an added bonus! Inside, the main floor boasts over 1,800 sq. ft. of living space, including convenient main-floor laundry with both washer and dryer. With room to grow, space to work, and acreage to enjoy, this property is full of potential!
Pending
Price cut: $1K (11/20)
$331,500
8138 Schenk Rd, Waterloo, IA 50703
5beds
2,578sqft
Est.:
SINGLE FAMILY - DETACHED
Built in 1920
4.62 Acres Lot
$318,800 Zestimate®
$129/sqft
$-- HOA
What's special
Main-floor laundryFenced orchard areaSteel utility building
- 130 days |
- 322 |
- 12 |
Zillow last checked: 9 hours ago
Listing updated: December 23, 2025 at 09:37am
Listed by:
Jeffrey Olson cell:563-379-7167,
Ole's 5 Star Realty, LLC
Source: East Central Iowa AOR,MLS#: 152805
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Rooms
- Room types: Master Bathroom
Bedroom 1
- Level: Main
- Area: 388.5
- Dimensions: 21 x 18.5
Bedroom 2
- Level: Main
- Area: 242
- Dimensions: 22 x 11
Bedroom 3
- Level: Upper
- Area: 85
- Dimensions: 8.5 x 10
Bedroom 4
- Level: Upper
- Area: 109.25
- Dimensions: 11.5 x 9.5
Dining room
- Level: Main
- Area: 165
- Dimensions: 15 x 11
Family room
- Level: Upper
- Area: 100
- Dimensions: 10 x 10
Kitchen
- Level: Main
- Area: 218.5
- Dimensions: 23 x 9.5
Living room
- Level: Main
- Area: 367.5
- Dimensions: 21 x 17.5
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Refrigerator, Range/Oven, Dishwasher, Microwave, Washer, Dryer
- Laundry: Main Level
Features
- Windows: Window Treatments
- Basement: Partial
- Has fireplace: Yes
- Fireplace features: Living Room
Interior area
- Total structure area: 2,578
- Total interior livable area: 2,578 sqft
- Finished area above ground: 2,578
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 3
- Details: Garage Feature: Cabinets, Electricity, Service Entry, Remote Garage Door Opener
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: Fire Pit
- Fencing: Fenced
Lot
- Size: 4.62 Acres
Details
- Additional structures: Shed(s), Outbuilding
- Parcel number: 901209351002
- Zoning: Agriculture/Residential
Construction
Type & style
- Home type: SingleFamily
- Property subtype: SINGLE FAMILY - DETACHED
Materials
- Vinyl Siding, Cement Board, Slate, Yellow Siding
- Foundation: Concrete Perimeter, Rock
- Roof: Asp/Composite Shngl
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Gas: Propane
- Sewer: Septic Tank
- Water: Public
Community & HOA
Location
- Region: Waterloo
Financial & listing details
- Price per square foot: $129/sqft
- Tax assessed value: $273,030
- Annual tax amount: $3,476
- Date on market: 8/18/2025
- Cumulative days on market: 131 days
- Listing terms: Cash
Estimated market value
$318,800
$303,000 - $335,000
$1,509/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/23/2025 | Pending sale | $331,500$129/sqft |
Source:  East Central Iowa AOR #152805 Report a problem | ||
| 11/20/2025 | Listed for sale | $331,500$129/sqft |
Source:  Northeast Iowa Regional BOR #20254009 Report a problem | ||
| 11/20/2025 | Contingent | $331,500-0.3%$129/sqft |
Source: East Central Iowa AOR #152805 Report a problem | ||
| 11/12/2025 | Listed for sale | $332,500-0.6%$129/sqft |
Source: Northeast Iowa Regional BOR #20254009 Report a problem | ||
| 10/24/2025 | Contingent | $334,500$130/sqft |
Source: East Central Iowa AOR #152805 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,290 +13% | $273,030 |
| 2023 | $2,912 +4.2% | $273,030 +34.6% |
| 2022 | $2,794 +3.6% | $202,890 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,802/mo
Principal & interest
$1285
Property taxes
$401
Home insurance
$116
Climate risks
Neighborhood: 50703
Nearby schools
GreatSchools rating
- 9/10Pk-5 Elementary School Lincoln Street BuildingGrades: K-5Distance: 4.5 mi
- 8/10Denver Middle SchoolGrades: 6-8Distance: 4.1 mi
- 8/10Denver Senior High SchoolGrades: 9-12Distance: 4.1 mi
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