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235 Letsch Rd

Waterloo, IA 50701

3 bd 2 ba 1,652 sqft Built 1968 Lot 14,375 sqft single_family
Most recent sale
$235,000
Aug 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 12, 2022 Sold $235,000 Public Record
Aug 11, 2022 Sold $235,000 NorthEastIARegional
Jun 26, 2022 Listed $235,000 MLS #2205613
Jun 25, 2022 Listed $235,000 MLS #20222940
Nov 1, 2011 Sold $183,000 Public Record
Oct 6, 2011 Listing removed $189,000 NorthEastIARegional
Aug 1, 2011 Listed $189,000 MLS #173263

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $236,590 $32,760 $269,350 $4,756
2024 $236,590 $32,760 $269,350 $4,510
2023 $210,360 $32,760 $243,120 $3,966
2022 $156,660 $32,760 $189,420 $3,858
2021 $156,660 $32,760 $189,420 $3,660
2020 $144,490 $25,740 $170,230 $3,598
2019 $144,490 $25,740 $170,230 $3,636
2018 $144,490 $25,740 $170,230 $3,582
2017 $143,660 $25,740 $169,400 $3,694
2016 $143,660 $25,740 $169,400 $3,646
2015 $143,660 $25,740 $169,400 $3,540
2014 $136,090 $25,740 $161,830 $3,444
2013 $136,090 $25,740 $161,830 $3,436
2012 $143,660 $25,740 $169,400 $3,340
2011 $143,660 $25,740 $169,400 $3,194
2010 $135,440 $22,530 $157,970 $3,090
2008 $135,440 $22,530 $157,970 $2,937

Property facts

Year built
1968
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,652 sqft
Lot size
14,375 sqft
ZIP code
50701
City
Waterloo
Street
Letsch Rd
Coordinates
42.50924, -92.39131

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,478
Gross rental yield
12.65%
Implied cap rate
8.22%
Trend-extrapolated value

Frequently asked questions

When did 235 Letsch Rd last sell?
235 Letsch Rd most recently sold on Aug 12, 2022 for $235,000.
What is the current tax assessment for 235 Letsch Rd?
The most recent total assessment for 235 Letsch Rd (year 2025) is $269,350 with $4,756 in property tax.
How does 235 Letsch Rd's assessment compare to its last sale price?
The current assessment is 14.6% above the last sale price of $235,000.
When was 235 Letsch Rd built?
235 Letsch Rd was built in 1968.
How does 235 Letsch Rd compare to others on Letsch Rd?
We track 8 other properties on Letsch Rd. Browse the list under "Other properties on Letsch Rd" to compare beds, baths, and sale history.
What are the property facts for 235 Letsch Rd?
235 Letsch Rd is a 3 bed, 2 bath, 1,652 sqft, 14,375 sqft lot single_family.
Is 235 Letsch Rd a flip candidate?
No — 235 Letsch Rd does not appear in our flips dataset.
Is 235 Letsch Rd a tax-appeal candidate?
No — 235 Letsch Rd 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
-3.4%
Implied 1-yr
-13.7%
2026 Q3
$187.7K
2026 Q4
$187.7K
ZIP 50701 — Median Price History + Forecast

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