501 Terrace Dr
Waterloo, IA 50702
3 bd 1 ba 1,200 sqft Built 1941 Lot 7,841 sqft single_family
Most recent sale
$190,000
Sep 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 12, 2022 | Sold | $190,000 | Public Record |
| Jul 13, 2022 | Listed | $189,900 | MLS #20223262 |
| Mar 30, 2018 | Sold | $144,000 | Public Record |
| Jan 17, 2018 | Listed | $144,900 | MLS #20180238 |
| Nov 5, 2014 | Sold | $136,500 | Public Record |
| Oct 2, 2014 | Listed | $138,500 | MLS #20143568 |
| Mar 5, 2013 | Sold | $130,500 | Public Record |
| Dec 21, 2012 | Listed | $132,900 | MLS #205694 |
| Feb 7, 2012 | Sold | $82,000 | Public Record |
| Dec 13, 2011 | Listed | $79,950 | MLS #174850 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $128,970 | $19,110 | $148,080 | $3,250 |
| 2024 | $128,970 | $19,110 | $148,080 | $2,994 |
| 2023 | $130,690 | $19,110 | $149,800 | $2,260 |
| 2022 | $92,690 | $19,110 | $111,800 | $2,198 |
| 2021 | $92,690 | $19,110 | $111,800 | $2,244 |
| 2020 | $92,690 | $15,020 | $107,710 | $2,204 |
| 2019 | $92,690 | $15,020 | $107,710 | $2,230 |
| 2018 | $92,690 | $15,020 | $107,710 | $2,208 |
| 2017 | $92,690 | $15,020 | $107,710 | $2,278 |
| 2016 | $92,690 | $15,020 | $107,710 | $2,246 |
| 2015 | $92,690 | $15,020 | $107,710 | $2,378 |
| 2014 | $87,810 | $15,020 | $102,830 | $2,150 |
| 2013 | $80,410 | $15,020 | $95,430 | $2,142 |
| 2012 | $84,880 | $15,020 | $99,900 | $1,874 |
| 2011 | $84,880 | $15,020 | $99,900 | $1,749 |
| 2010 | $75,060 | $13,150 | $88,210 | $1,690 |
| 2008 | $75,060 | $13,150 | $88,210 | $1,604 |
Property facts
Year built
1941
Property type
single_family
Stories
2
Beds
3
Baths
1
Living area
1,200 sqft
Lot size
7,841 sqft
ZIP code
50702
City
Waterloo
Street
Terrace Dr
Coordinates
42.47414, -92.35097
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,800
Gross rental yield
11.37%
Implied cap rate
7.39%
Trend-extrapolated value
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Frequently asked questions
When did 501 Terrace Dr last sell?
501 Terrace Dr most recently sold on Sep 12, 2022 for $190,000.
What is the current tax assessment for 501 Terrace Dr?
The most recent total assessment for 501 Terrace Dr (year 2025) is $148,080 with $3,250 in property tax.
How does 501 Terrace Dr's assessment compare to its last sale price?
The current assessment is 22.1% below the last sale price of $190,000.
When was 501 Terrace Dr built?
501 Terrace Dr was built in 1941.
How does 501 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 501 Terrace Dr?
501 Terrace Dr is a 3 bed, 1 bath, 1,200 sqft, 7,841 sqft lot single_family.
Is 501 Terrace Dr a flip candidate?
No — 501 Terrace Dr does not appear in our flips dataset.
Is 501 Terrace Dr a tax-appeal candidate?
No — 501 Terrace 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
+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 Terrace Dr