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242 Prospect Ave; Waterloo, IA Property Details

242 Prospect Ave, Waterloo, IA is a Single Family that was built in 1923. This property is currently Financed and is not for sale. Our records show that 242 Prospect Ave has 4 bedrooms, and 3 bathrooms, and a total of 3,556 square feet. The lot size of 242 Prospect Ave is 15,400 square feet.

Off market
242 Prospect Ave Waterloo, IA 50703
$220,000 Listing Price
4 Beds
3 Baths
3,556 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1923
  • Purchase Price: $220,000
  • Open Loans / Balance: 2 / $348,950
  • Est. Equity / %: $-72,950 / -26.43%
  • Gross Yield: 14.809%
  • APN: 8912-19-379-004
  • Situs County: Black Hawk
  • Length Of Ownership: 4 years, 7 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 2
  • Total Rooms: 9
  • Partial Bathrooms: 2

Structure

  • Building Style: Brick
  • Floor Cover Type: Wood
  • Stories: 2
  • Exterior Wall Type: Brick
  • Interior Wall Type: Plaster
  • Building Condition: Good
  • Roof Type: Hip
  • Roof Cover Type: Asphalt
  • Deck: true
  • Patio Type: Patio

Measurements

  • Total: 3,556/SqFt
  • Lot: 15,400/SqFt
  • Gross: 3,556/SqFt
  • Garage: 882/SqFt
  • Living: 3,556/SqFt
  • Basement: 1,508/SqFt
  • Building: 3,556/SqFt
  • Ground: 1,508/SqFt
  • Basement Unfinished: 1,508/SqFt
  • Price Per Square Foot: $61.87

Legal Description

  • Description: HIGHLAND 2ND FILING W 35 FT LOT 4 BLK 7 LOT 5 BLK 7 E 25 FT LOT 6 BLK 7
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Waterloo Community School District
  • Lat / Lon: 42.50019 / -92.31067
  • Subdivision: Highland 2nd Filing
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Plus Four: 4244
  • Bathroom Fixtures: 1
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Mixed
  • Heating: Yes
  • Parking: 3

HOA

  • H O A One: $50
  • H O A Amount: $50
  • H O A One Frequency: Annual
  • H O A One Type: Planned Unit Development

Ownership Info

242 Prospect Ave has no associated ownership info
242 Prospect Ave has no associated ownership info.

Taxes

242 Prospect Ave has 10 associated Taxes items

242 Prospect Ave, Waterloo, IA pays taxes in Black Hawk County, IA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $299,910. The APN we've located for 242 Prospect Ave is 8912-19-379-004.

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Taxes
  • Assessed Value:  $299,910
  • Assessed Year:  2025
  • Assessed County:  Black Hawk
  • APN:  8912-19-379-004
  • Assessed Land Value:  33000
  • Market Land Value:  33000
  • Tax Amount:  6378
  • Tax Year:  2025
  • Market Value:  299910
  • Market Year:  2025

Tax History

242 Prospect Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $299,910 Land Value $33,000 Improvement Value $266,910 Tax Amount $6,378 Change Rate Assessed CR Tax Rate +0.021266%
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $6,378 Change Rate +0.086285% Assessed CR Tax Rate
Year 2023 Assessed Value $304,220 Land Value $33,000 Improvement Value $271,220 Tax Amount $5,871.39 Change Rate +0.265931% Assessed CR Tax Rate +0.0193%
Year 2022 Assessed Value $220,080 Land Value $33,000 Improvement Value $187,080 Tax Amount $4,638 Change Rate -0.014351% Assessed CR Tax Rate +0.021074%
Year 2021 Assessed Value $220,080 Land Value $33,000 Improvement Value $187,080 Tax Amount $4,705.53 Change Rate -0.038003% Assessed CR Tax Rate +0.021381%
Year 2020 Assessed Value $215,780 Land Value $30,250 Improvement Value $185,530 Tax Amount $4,891.42 Change Rate +0.060585% Assessed CR Tax Rate +0.022669%
Year 2019 Assessed Value $215,780 Land Value $30,250 Improvement Value $185,530 Tax Amount $4,612 Change Rate +0.058284% Assessed CR Tax Rate +0.021374%
Year 2018 Assessed Value $204,180 Land Value $30,250 Improvement Value $173,930 Tax Amount $4,358 Change Rate Assessed CR Tax Rate +0.021344%
Year 2017 Assessed Value $204,180 Land Value $30,250 Improvement Value $173,930 Tax Amount $4,358 Change Rate +0.014118% Assessed CR Tax Rate +0.021344%
Year 2016 Assessed Value $187,130 Land Value $30,250 Improvement Value $156,880 Tax Amount $4,297.33 Change Rate +0.061593% Assessed CR Tax Rate +0.022964%
Year 2015 Assessed Value $187,130 Land Value $30,250 Improvement Value $156,880 Tax Amount $4,048 Change Rate -0.069853% Assessed CR Tax Rate +0.021632%
Year 2014 Assessed Value $196,930 Land Value $30,250 Improvement Value $166,680 Tax Amount $4,352 Change Rate +0.02787% Assessed CR Tax Rate +0.022099%
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $4,234 Change Rate Assessed CR Tax Rate