707 Lorraine Ave
Waterloo, IA 50702
4 bd 2 ba 3,532 sqft Built 1954 Lot 10,019 sqft single_family
Most recent sale
$198,000
Jun 6, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jan 30, 2026 | Sold | $225,000 | NorthEastIARegional |
| Dec 1, 2025 | Price changed | $245,000 | NorthEastIARegional |
| Nov 6, 2025 | Listed | $250,000 | NorthEastIARegional |
| Jun 6, 2022 | Sold | $198,000 | Public Record |
| May 24, 2022 | Sold | $198,000 | NorthEastIARegional |
| Apr 6, 2022 | Listed | $198,000 | MLS #20221327 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $220,120 | $24,500 | $244,620 | $4,814 |
| 2024 | $220,120 | $24,500 | $244,620 | $4,434 |
| 2023 | $197,380 | $24,500 | $221,880 | $3,994 |
| 2022 | $157,330 | $24,500 | $181,830 | $3,622 |
| 2021 | $157,330 | $24,500 | $181,830 | $3,552 |
| 2020 | $149,460 | $19,250 | $168,710 | $3,488 |
| 2019 | $149,460 | $19,250 | $168,710 | $3,528 |
| 2018 | $149,460 | $19,250 | $168,710 | $3,492 |
| 2017 | $149,460 | $19,250 | $168,710 | $3,604 |
| 2016 | $149,460 | $19,250 | $168,710 | $3,554 |
| 2015 | $149,460 | $19,250 | $168,710 | $3,440 |
| 2014 | $141,590 | $19,250 | $160,840 | $3,346 |
| 2013 | $141,590 | $19,250 | $160,840 | $3,346 |
| 2012 | $149,460 | $19,250 | $168,710 | $3,326 |
| 2011 | $149,460 | $19,250 | $168,710 | $3,296 |
| 2010 | $146,070 | $16,850 | $162,920 | $3,188 |
| 2008 | $146,070 | $16,850 | $162,920 | $3,031 |
Property facts
Year built
1954
Property type
single_family
Stories
—
Beds
4
Baths
2
Living area
3,532 sqft
Lot size
10,019 sqft
ZIP code
50702
City
Waterloo
Street
Lorraine Ave
Coordinates
42.47421, -92.34827
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,188
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 707 Lorraine Ave last sell?
707 Lorraine Ave most recently sold on Jun 6, 2022 for $198,000.
What is the current tax assessment for 707 Lorraine Ave?
The most recent total assessment for 707 Lorraine Ave (year 2025) is $244,620 with $4,814 in property tax.
How does 707 Lorraine Ave's assessment compare to its last sale price?
The current assessment is 23.5% above the last sale price of $198,000.
When was 707 Lorraine Ave built?
707 Lorraine Ave was built in 1954.
How does 707 Lorraine Ave compare to others on Lorraine Ave?
We track 8 other properties on Lorraine Ave. Browse the list under "Other properties on Lorraine Ave" to compare beds, baths, and sale history.
What are the property facts for 707 Lorraine Ave?
707 Lorraine Ave is a 4 bed, 2 bath, 3,532 sqft, 10,019 sqft lot single_family.
Is 707 Lorraine Ave a flip candidate?
No — 707 Lorraine Ave does not appear in our flips dataset.
Is 707 Lorraine Ave a tax-appeal candidate?
No — 707 Lorraine Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.4%
Implied 1-yr
+1.4%
2026 Q3
$154.1K
2026 Q4
$154.6K
ZIP 50702 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lorraine Ave