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626 Summit Ave

Waterloo, IA 50701

3 bd 1 ba 836 sqft Built 1962 Lot 5,227 sqft single_family
Most recent sale
$90,000
Oct 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 24, 2022 Sold $90,000 Public Record
Oct 20, 2022 Sold $89,900 NorthEastIARegional
Sep 14, 2022 Listed $99,000 MLS #20224359
May 21, 2022 Listed $95,000 MLS #20222196

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $102,960 $12,220 $115,180 $2,232
2024 $102,960 $12,220 $115,180 $2,056
2023 $90,680 $12,220 $102,900 $1,732
2022 $78,940 $12,220 $91,160 $1,670
2021 $78,310 $12,220 $90,530 $1,548
2020 $70,080 $10,190 $80,270 $1,518
2019 $70,080 $10,190 $80,270 $1,540
2018 $70,080 $10,190 $80,270 $1,510
2017 $69,590 $10,190 $79,780 $1,562
2016 $69,590 $10,190 $79,780 $1,536
2015 $69,590 $10,190 $79,780 $1,550
2014 $68,900 $10,190 $79,090 $1,504
2013 $68,900 $10,190 $79,090 $1,512
2012 $72,950 $10,190 $83,140 $1,520
2011 $72,950 $10,190 $83,140 $1,615
2010 $73,080 $8,720 $81,800 $1,561
2008 $73,080 $8,720 $81,800 $1,481

Property facts

Year built
1962
Property type
single_family
Stories
Beds
3
Baths
1
Living area
836 sqft
Lot size
5,227 sqft
ZIP code
50701
City
Waterloo
Street
Summit Ave
Coordinates
42.48968, -92.36487

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$540
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 626 Summit Ave last sell?
626 Summit Ave most recently sold on Oct 24, 2022 for $90,000.
What is the current tax assessment for 626 Summit Ave?
The most recent total assessment for 626 Summit Ave (year 2025) is $115,180 with $2,232 in property tax.
How does 626 Summit Ave's assessment compare to its last sale price?
The current assessment is 28.0% above the last sale price of $90,000.
When was 626 Summit Ave built?
626 Summit Ave was built in 1962.
How does 626 Summit Ave compare to others on Summit Ave?
We track 8 other properties on Summit Ave. Browse the list under "Other properties on Summit Ave" to compare beds, baths, and sale history.
What are the property facts for 626 Summit Ave?
626 Summit Ave is a 3 bed, 1 bath, 836 sqft, 5,227 sqft lot single_family.
Is 626 Summit Ave a flip candidate?
No — 626 Summit Ave does not appear in our flips dataset.
Is 626 Summit Ave a tax-appeal candidate?
No — 626 Summit 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
-1.1%
Implied 1-yr
-4.3%
2026 Q3
$196.2K
2026 Q4
$193.9K
ZIP 50701 — Median Price History + Forecast

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