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425 Terrace Dr

Waterloo, IA 50702

3 bd 2 ba 1,253 sqft Built 1942 Lot 6,970 sqft single_family
Most recent sale
$190,000
Dec 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 9, 2022 Sold $190,000 NorthEastIARegional
Dec 9, 2014 Sold $139,000 Public Record
Nov 12, 2014 Listing removed $139,900 NorthEastIARegional
Oct 20, 2014 Price changed $139,900 NorthEastIARegional
Sep 5, 2014 Price changed $142,500 NorthEastIARegional
Aug 8, 2014 Listed $144,900 NorthEastIARegional
Mar 15, 2010 Sold $129,000 Public Record
Mar 12, 2010 Listing removed $132,900 NorthEastIARegional
Mar 12, 2010 Sold $129,000 Public Record
Dec 8, 2009 Listed $132,900 NorthEastIARegional

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $148,940 $19,620 $168,560 $3,442
2024 $148,940 $19,620 $168,560 $2,994
2023 $140,680 $19,620 $160,300 $2,406
2022 $98,800 $19,620 $118,420 $2,340
2021 $98,800 $19,620 $118,420 $2,392
2020 $98,800 $15,410 $114,210 $2,348
2019 $98,800 $15,410 $114,210 $2,376
2018 $98,800 $15,410 $114,210 $2,352
2017 $98,800 $15,410 $114,210 $2,428
2016 $98,800 $15,410 $114,210 $2,592
2015 $98,800 $15,410 $114,210 $2,320
2014 $93,600 $15,410 $109,010 $2,254
2013 $93,600 $15,410 $109,010 $2,252
2012 $98,800 $15,410 $114,210 $2,254
2011 $98,800 $15,410 $114,210 $2,114
2010 $88,560 $13,490 $102,050 $2,047
2008 $88,560 $13,490 $102,050 $1,948

Property facts

Year built
1942
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,253 sqft
Lot size
6,970 sqft
ZIP code
50702
City
Waterloo
Street
Terrace Dr
Coordinates
42.47418, -92.35120

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,880
Gross rental yield
11.87%
Implied cap rate
7.72%
Trend-extrapolated value

Frequently asked questions

When did 425 Terrace Dr last sell?
425 Terrace Dr most recently sold on Dec 9, 2022 for $190,000.
What is the current tax assessment for 425 Terrace Dr?
The most recent total assessment for 425 Terrace Dr (year 2025) is $168,560 with $3,442 in property tax.
How does 425 Terrace Dr's assessment compare to its last sale price?
The current assessment is 11.3% below the last sale price of $190,000.
When was 425 Terrace Dr built?
425 Terrace Dr was built in 1942.
How does 425 Terrace Dr compare to others on Terrace Dr?
We track 8 other properties on Terrace Dr. Browse the list under "Other properties on Terrace Dr" to compare beds, baths, and sale history.
What are the property facts for 425 Terrace Dr?
425 Terrace Dr is a 3 bed, 2 bath, 1,253 sqft, 6,970 sqft lot single_family.
Is 425 Terrace Dr a flip candidate?
No — 425 Terrace Dr does not appear in our flips dataset.
Is 425 Terrace Dr a tax-appeal candidate?
No — 425 Terrace Dr 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
+0.4%
Implied 1-yr
+1.4%
2026 Q3
$154.1K
2026 Q4
$154.6K
ZIP 50702 — Median Price History + Forecast

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