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1207 2nd St

Waterloo, IA 50701

3 bd 2 ba 1,464 sqft Built 1902 Lot 2,880 sqft multi_family
Most recent sale
$39,000
Nov 29, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 29, 2025 Sold $39,000 Public Record
Nov 29, 2023 Sold $39,000 NorthEastIARegional
Nov 4, 2023 Listing removed NorthEastIARegional
Sep 1, 2023 Listed $39,000 NorthEastIARegional
Aug 4, 2023 Listing removed NorthEastIARegional
Apr 7, 2023 Price changed $45,000 NorthEastIARegional
Feb 24, 2023 Price changed $48,000 NorthEastIARegional
Dec 29, 2022 Price changed $52,900 NorthEastIARegional
Nov 20, 2022 Price changed $56,900 NorthEastIARegional
Oct 13, 2022 Listed $59,900 NorthEastIARegional
Apr 26, 2017 Sold $51,500 Public Record
May 12, 2014 Sold $51,200 Public Record
Oct 3, 2008 Sold $95,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $53,230 $4,460 $57,690 $1,080
2024 $53,230 $4,460 $57,690 $996
2023 $45,340 $4,460 $49,800 $888
2022 $35,960 $4,460 $40,420 $864
2021 $35,960 $4,460 $40,420 $1,006
2020 $39,960 $4,460 $44,420 $990
2019 $39,960 $4,460 $44,420 $998
2018 $39,960 $4,460 $44,420 $990
2017 $39,960 $4,460 $44,420 $1,020
2016 $39,960 $4,460 $44,420 $1,008
2015 $39,960 $4,460 $44,420 $1,028
2014 $39,960 $4,460 $44,420 $1,000
2013 $39,960 $4,460 $44,420 $1,060
2012 $44,950 $4,460 $49,410 $1,042
2011 $44,950 $4,460 $49,410 $1,147
2010 $49,800 $5,570 $55,370 $1,110
2008 $36,520 $5,580 $42,100 $804

Property facts

Year built
1902
Property type
multi_family
Stories
Beds
3
Baths
2
Living area
1,464 sqft
Lot size
2,880 sqft
ZIP code
50701
City
Waterloo
Street
2nd St
Coordinates
42.48909, -92.35368

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$234
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1207 2nd St last sell?
1207 2nd St most recently sold on Nov 29, 2023 for $39,000.
What is the current tax assessment for 1207 2nd St?
The most recent total assessment for 1207 2nd St (year 2025) is $57,690 with $1,080 in property tax.
How does 1207 2nd St's assessment compare to its last sale price?
The current assessment is 47.9% above the last sale price of $39,000.
When was 1207 2nd St built?
1207 2nd St was built in 1902.
How does 1207 2nd St compare to others on 2nd St?
We track 8 other properties on 2nd St. Browse the list under "Other properties on 2nd St" to compare beds, baths, and sale history.
What are the property facts for 1207 2nd St?
1207 2nd St is a 3 bed, 2 bath, 1,464 sqft, 2,880 sqft lot multi_family.
Is 1207 2nd St a flip candidate?
No — 1207 2nd St does not appear in our flips dataset.
Is 1207 2nd St a tax-appeal candidate?
No — 1207 2nd St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.1%
Implied 1-yr
-4.3%
2026 Q3
$196.2K
2026 Q4
$193.9K
ZIP 50701 — Median Price History + Forecast

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