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507 Reed St; Waterloo, IA Property Details

507 Reed St, Waterloo, IA is a Single Family that was built in 1927. This property is currently a cash purchase and is not for sale. Our records show that 507 Reed St has 2 bedrooms, and 1 bathroom, and a total of 768 square feet. The lot size of 507 Reed St is 6,450 square feet.

Off market
507 Reed St Waterloo, IA 50703
$49,489 Listing Price
2 Beds
1 Baths
768 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1927
  • Purchase Price: $35,000
  • Open Loans / Balance: 1 / $373,625
  • Est. Equity / %: $-306,625 / -457.65%
  • Gross Yield: 14.776%
  • APN: 8913-14-427-011
  • Situs County: Black Hawk
  • Length Of Ownership: 21 years, 5 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Aluminum siding
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Roof Type: Gable
  • Roof Cover Type: Asphalt

Measurements

  • Total: 768/SqFt
  • Lot: 6,450/SqFt
  • Gross: 768/SqFt
  • Garage: 234/SqFt
  • Living: 768/SqFt
  • Basement: 768/SqFt
  • Building: 768/SqFt
  • Ground: 768/SqFt
  • Basement Finished: 350/SqFt
  • Basement Unfinished: 768/SqFt
  • Price Per Square Foot: $45.57

Legal Description

  • Description: LITCHFIELD ADDITION LOT 21 BLK 4
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: 42.518665 / -92.34056
  • Subdivision: Litchfield Addition
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Plus Four: 2447
  • Bathroom Fixtures: 3
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 1

Ownership Info

507 Reed St has no associated ownership info
507 Reed St has no associated ownership info.

Taxes

507 Reed St has 10 associated Taxes items

507 Reed St, 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 $60,540. The APN we've located for 507 Reed St is 8913-14-427-011.

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Taxes
  • Assessed Value:  $60,540
  • Assessed Year:  2025
  • Assessed County:  Black Hawk
  • APN:  8913-14-427-011
  • Assessed Land Value:  6370
  • Market Land Value:  6370
  • Tax Amount:  1236
  • Tax Year:  2025
  • Market Value:  60540
  • Market Year:  2025

Tax History

507 Reed St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $60,540 Land Value $6,370 Improvement Value $54,170 Tax Amount $1,236 Change Rate +0.125683% Assessed CR Tax Rate +0.020416%
Year 2024 Assessed Value $50,620 Land Value $6,370 Improvement Value $44,250 Tax Amount $1,098 Change Rate +0.085227% Assessed CR Tax Rate +0.021691%
Year 2023 Assessed Value $50,620 Land Value $6,370 Improvement Value $44,250 Tax Amount $1,011.77 Change Rate +0.168326% Assessed CR Tax Rate +0.019988%
Year 2022 Assessed Value $39,460 Land Value $6,370 Improvement Value $33,090 Tax Amount $866 Change Rate +0.023072% Assessed CR Tax Rate +0.021946%
Year 2021 Assessed Value $39,590 Land Value $6,370 Improvement Value $33,220 Tax Amount $846.47 Change Rate -0.050255% Assessed CR Tax Rate +0.021381%
Year 2020 Assessed Value $39,350 Land Value $6,130 Improvement Value $33,220 Tax Amount $891.26 Change Rate +0.01742% Assessed CR Tax Rate +0.02265%
Year 2019 Assessed Value $39,350 Land Value $6,130 Improvement Value $33,220 Tax Amount $876 Change Rate +0.018605% Assessed CR Tax Rate +0.022262%
Year 2018 Assessed Value $39,350 Land Value $6,130 Improvement Value $33,220 Tax Amount $860 Change Rate Assessed CR Tax Rate +0.021855%
Year 2017 Assessed Value $38,590 Land Value $6,130 Improvement Value $32,460 Tax Amount $860 Change Rate -0.029532% Assessed CR Tax Rate +0.022286%
Year 2016 Assessed Value $38,590 Land Value $6,130 Improvement Value $32,460 Tax Amount $886.17 Change Rate +0.01161% Assessed CR Tax Rate +0.022964%
Year 2015 Assessed Value $38,590 Land Value $6,130 Improvement Value $32,460 Tax Amount $876 Change Rate -0.0875% Assessed CR Tax Rate +0.0227%
Year 2014 Assessed Value $41,540 Land Value $6,130 Improvement Value $35,410 Tax Amount $960 Change Rate +0.025641% Assessed CR Tax Rate +0.02311%
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $936 Change Rate Assessed CR Tax Rate