638 Summit Ave
Waterloo, IA 50701
3 bd 2 ba 1,264 sqft Built 1957 Lot 8,712 sqft single_family
Most recent sale
$115,000
Apr 22, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 10, 2024 | Sold | $147,500 | NorthEastIARegional |
| Apr 2, 2024 | Listed | $147,900 | NorthEastIARegional |
| Apr 22, 2022 | Sold | $115,000 | Public Record |
| Apr 21, 2022 | Sold | $115,000 | NorthEastIARegional |
| Mar 1, 2022 | Listed | $89,900 | MLS #20220752 |
| Apr 9, 2007 | Sold | $99,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $110,760 | $20,370 | $131,130 | $2,336 |
| 2024 | $110,760 | $20,370 | $131,130 | $2,148 |
| 2023 | $97,530 | $20,370 | $117,900 | $1,878 |
| 2022 | $74,020 | $20,370 | $94,390 | $1,826 |
| 2021 | $74,020 | $20,370 | $94,390 | $1,690 |
| 2020 | $66,220 | $16,980 | $83,200 | $1,658 |
| 2019 | $66,220 | $16,980 | $83,200 | $1,678 |
| 2018 | $66,220 | $16,980 | $83,200 | $1,660 |
| 2017 | $66,220 | $16,980 | $83,200 | $1,716 |
| 2016 | $66,220 | $16,980 | $83,200 | $1,888 |
| 2015 | $66,220 | $16,980 | $83,200 | $1,924 |
| 2014 | $66,220 | $16,980 | $83,200 | $1,874 |
| 2013 | $66,220 | $16,980 | $83,200 | $1,868 |
| 2012 | $70,120 | $16,980 | $87,100 | $1,838 |
| 2011 | $70,120 | $16,980 | $87,100 | $1,721 |
| 2010 | $68,570 | $14,530 | $83,100 | $1,666 |
| 2008 | $68,570 | $14,530 | $83,100 | $1,587 |
Property facts
Year built
1957
Property type
single_family
Stories
—
Beds
3
Baths
2
Living area
1,264 sqft
Lot size
8,712 sqft
ZIP code
50701
City
Waterloo
Street
Summit Ave
Coordinates
42.48968, -92.36528
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$690
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 638 Summit Ave last sell?
638 Summit Ave most recently sold on Apr 22, 2022 for $115,000.
What is the current tax assessment for 638 Summit Ave?
The most recent total assessment for 638 Summit Ave (year 2025) is $131,130 with $2,336 in property tax.
How does 638 Summit Ave's assessment compare to its last sale price?
The current assessment is 14.0% above the last sale price of $115,000.
When was 638 Summit Ave built?
638 Summit Ave was built in 1957.
How does 638 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 638 Summit Ave?
638 Summit Ave is a 3 bed, 2 bath, 1,264 sqft, 8,712 sqft lot single_family.
Is 638 Summit Ave a flip candidate?
No — 638 Summit Ave does not appear in our flips dataset.
Is 638 Summit Ave a tax-appeal candidate?
No — 638 Summit 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
-3.4%
Implied 1-yr
-13.7%
2026 Q3
$187.7K
2026 Q4
$187.7K
ZIP 50701 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Summit Ave