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5620 Independence Ave

Waterloo, IA 50703

3 bd 1 ba 1,232 sqft Built 1967 Lot 378,101 sqft single_family
Most recent sale
$208,000
May 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 4, 2022 Sold $208,000 Public Record
Apr 29, 2022 Sold $208,000 NorthEastIARegional
Mar 24, 2022 Listed $225,000 MLS #20221064

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $173,540 $108,000 $281,540 $3,206
2024 $173,540 $108,000 $281,540 $2,794
2023 $145,590 $90,000 $235,590 $2,562
2022 $111,230 $72,000 $183,230 $2,510
2021 $111,230 $72,000 $183,230 $2,350
2020 $111,230 $51,000 $162,230 $2,318
2019 $111,230 $51,000 $162,230 $2,392
2018 $111,230 $51,000 $162,230 $2,336
2017 $111,230 $51,000 $162,230 $2,368
2016 $111,230 $51,000 $162,230 $2,242
2015 $111,230 $51,000 $162,230 $2,330
2014 $111,230 $51,000 $162,230 $2,240
2013 $111,230 $51,000 $162,230 $2,138
2012 $111,230 $51,000 $162,230 $2,150
2011 $111,230 $51,000 $162,230 $1,976
2010 $108,470 $39,590 $148,060 $1,913
2008 $108,470 $39,590 $148,060 $1,687

Property facts

Year built
1967
Property type
single_family
Stories
Beds
3
Baths
1
Living area
1,232 sqft
Lot size
378,101 sqft
ZIP code
50703
City
Waterloo
Street
Independence Ave
Coordinates
42.49624, -92.22629

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,848
Gross rental yield
10.66%
Implied cap rate
6.93%
Trend-extrapolated value

Frequently asked questions

When did 5620 Independence Ave last sell?
5620 Independence Ave most recently sold on May 4, 2022 for $208,000.
What is the current tax assessment for 5620 Independence Ave?
The most recent total assessment for 5620 Independence Ave (year 2025) is $281,540 with $3,206 in property tax.
How does 5620 Independence Ave's assessment compare to its last sale price?
The current assessment is 35.4% above the last sale price of $208,000.
When was 5620 Independence Ave built?
5620 Independence Ave was built in 1967.
How does 5620 Independence Ave compare to others on Independence Ave?
We track 8 other properties on Independence Ave. Browse the list under "Other properties on Independence Ave" to compare beds, baths, and sale history.
What are the property facts for 5620 Independence Ave?
5620 Independence Ave is a 3 bed, 1 bath, 1,232 sqft, 378,101 sqft lot single_family.
Is 5620 Independence Ave a flip candidate?
No — 5620 Independence Ave does not appear in our flips dataset.
Is 5620 Independence Ave a tax-appeal candidate?
No — 5620 Independence Ave 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
+1.4%
Implied 1-yr
+5.6%
2026 Q3
$116K
2026 Q4
$117.5K
ZIP 50703 — Median Price History + Forecast

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