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605 Leonard Ave

Waterloo, IA 50703

2 bd 2 ba 1,070 sqft Built 1955 Lot 6,534 sqft single_family
Most recent sale
$127,000
Aug 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 9, 2022 Sold $127,000 Public Record
Aug 5, 2022 Sold $127,000 NorthEastIARegional
Jul 5, 2022 Listed $99,900 MLS #20223075

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $77,710 $11,160 $88,870 $1,808
2024 $77,710 $11,160 $88,870 $1,666
2023 $72,200 $11,160 $83,360 $1,178
2022 $54,730 $11,160 $65,890 $1,144
2021 $54,730 $11,160 $65,890 $1,102
2020 $50,820 $9,700 $60,520 $1,078
2019 $50,820 $9,700 $60,520 $1,272
2018 $58,640 $9,700 $68,340 $1,256
2017 $58,640 $9,700 $68,340 $1,300
2016 $58,640 $9,700 $68,340 $1,278
2015 $58,640 $9,700 $68,340 $1,212
2014 $54,730 $9,700 $64,430 $1,126
2013 $52,590 $9,700 $62,290 $1,380
2012 $63,860 $9,700 $73,560 $1,396
2011 $63,860 $9,700 $73,560 $1,468
2010 $61,780 $9,080 $70,860 $1,421
2008 $61,780 $9,080 $70,860 $1,353

Property facts

Year built
1955
Property type
single_family
Stories
Beds
2
Baths
2
Living area
1,070 sqft
Lot size
6,534 sqft
ZIP code
50703
City
Waterloo
Street
Leonard Ave
Coordinates
42.51775, -92.36020

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$762
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 605 Leonard Ave last sell?
605 Leonard Ave most recently sold on Aug 9, 2022 for $127,000.
What is the current tax assessment for 605 Leonard Ave?
The most recent total assessment for 605 Leonard Ave (year 2025) is $88,870 with $1,808 in property tax.
How does 605 Leonard Ave's assessment compare to its last sale price?
The current assessment is 30.0% below the last sale price of $127,000.
When was 605 Leonard Ave built?
605 Leonard Ave was built in 1955.
How does 605 Leonard Ave compare to others on Leonard Ave?
We track 8 other properties on Leonard Ave. Browse the list under "Other properties on Leonard Ave" to compare beds, baths, and sale history.
What are the property facts for 605 Leonard Ave?
605 Leonard Ave is a 2 bed, 2 bath, 1,070 sqft, 6,534 sqft lot single_family.
Is 605 Leonard Ave a flip candidate?
No — 605 Leonard Ave does not appear in our flips dataset.
Is 605 Leonard Ave a tax-appeal candidate?
No — 605 Leonard 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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