5740 Summerland Dr
Waterloo, IA 50701
2 bd 2 ba 1,140 sqft Built 2014 Lot 6,970 sqft condos
Most recent sale
$158,500
May 12, 2021
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Apr 30, 2024 | Sold | $195,000 | NorthEastIARegional |
| Mar 10, 2024 | Listed | $185,000 | NorthEastIARegional |
| Apr 19, 2023 | Listing removed | — | NorthEastIARegional |
| Mar 31, 2023 | Listed | $174,900 | NorthEastIARegional |
| May 12, 2021 | Sold | $158,500 | Public Record |
| May 11, 2021 | Listing removed | — | NorthEastIARegional |
| May 7, 2021 | Sold | $158,500 | NorthEastIARegional |
| Mar 6, 2021 | Listed | $162,500 | NorthEastIARegional |
| Feb 16, 2019 | Listing removed | — | NorthEastIARegional |
| Feb 15, 2019 | Sold | $149,500 | NorthEastIARegional |
| Oct 28, 2018 | Price changed | $149,500 | NorthEastIARegional |
| Sep 14, 2018 | Price changed | $149,900 | NorthEastIARegional |
| Sep 4, 2018 | Price changed | $152,500 | NorthEastIARegional |
| Aug 2, 2018 | Price changed | $152,800 | NorthEastIARegional |
| Jul 3, 2018 | Listed | $152,900 | NorthEastIARegional |
| Sep 1, 2016 | Sold | $148,000 | Public Record |
| Jul 1, 2015 | Listing removed | $154,800 | NorthEastIARegional |
| Jun 29, 2015 | Sold | $300,000 | Public Record |
| May 22, 2015 | Price changed | $154,800 | NorthEastIARegional |
| Dec 18, 2014 | Listed | $154,900 | NorthEastIARegional |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $165,060 | $36,310 | $201,370 | $3,950 |
| 2024 | $165,060 | $36,310 | $201,370 | $3,636 |
| 2023 | $156,040 | $36,310 | $192,350 | $3,228 |
| 2022 | $119,540 | $36,310 | $155,850 | $3,140 |
| 2021 | $119,540 | $36,310 | $155,850 | $3,134 |
| 2020 | $113,560 | $33,440 | $147,000 | $3,080 |
| 2019 | $113,560 | $33,440 | $147,000 | $560 |
| 2018 | $113,560 | $33,440 | $147,000 | $552 |
Property facts
Year built
2014
Property type
condos
Stories
—
Beds
2
Baths
2
Living area
1,140 sqft
Lot size
6,970 sqft
ZIP code
50701
City
Waterloo
Street
Summerland Dr
Coordinates
42.43391, -92.30190
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,710
Gross rental yield
12.95%
Implied cap rate
8.42%
Trend-extrapolated value
—
Frequently asked questions
When did 5740 Summerland Dr last sell?
5740 Summerland Dr most recently sold on May 12, 2021 for $158,500.
What is the current tax assessment for 5740 Summerland Dr?
The most recent total assessment for 5740 Summerland Dr (year 2025) is $201,370 with $3,950 in property tax.
How does 5740 Summerland Dr's assessment compare to its last sale price?
The current assessment is 27.0% above the last sale price of $158,500.
When was 5740 Summerland Dr built?
5740 Summerland Dr was built in 2014.
How does 5740 Summerland Dr compare to others on Summerland Dr?
We track 8 other properties on Summerland Dr. Browse the list under "Other properties on Summerland Dr" to compare beds, baths, and sale history.
What are the property facts for 5740 Summerland Dr?
5740 Summerland Dr is a 2 bed, 2 bath, 1,140 sqft, 6,970 sqft lot condos.
Is 5740 Summerland Dr a flip candidate?
No — 5740 Summerland Dr does not appear in our flips dataset.
Is 5740 Summerland Dr a tax-appeal candidate?
No — 5740 Summerland Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-1.1%
Implied 1-yr
-4.3%
2026 Q3
$196.2K
2026 Q4
$193.9K
ZIP 50701 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Summerland Dr