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507 Terrace Dr; Waterloo, IA Property Details

507 Terrace Dr, Waterloo, IA is a Single Family that was built in 1942. This property is currently Financed and is not for sale. Our records show that 507 Terrace Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,792 square feet. The lot size of 507 Terrace Dr is 9,000 square feet.

Off market
507 Terrace Dr Waterloo, IA 50702
$210,000 Listing Price
3 Beds
2 Baths
1,792 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1942
  • Purchase Price: $210,000
  • Open Loans / Balance: 2 / $374,824
  • Est. Equity / %: $-123,824 / -49.33%
  • Gross Yield: 9.06%
  • APN: 8913-35-328-011
  • Situs County: Black Hawk
  • Length Of Ownership: 2 years, 9 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 1
  • Total Rooms: 7
  • Partial Bathrooms: 2

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 2
  • Exterior Wall Type: Vinyl siding
  • Interior Wall Type: Plaster
  • Building Condition: Good
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Patio Type: Patio

Measurements

  • Total: 1,792/SqFt
  • Lot: 9,000/SqFt
  • Gross: 1,792/SqFt
  • Garage: 792/SqFt
  • Living: 1,792/SqFt
  • Basement: 720/SqFt
  • Building: 1,792/SqFt
  • Ground: 720/SqFt
  • Basement Finished: 300/SqFt
  • Basement Unfinished: 720/SqFt
  • Price Per Square Foot: $117.19

Legal Description

  • Description: M E GEORGE ADDITION PART OF LOT 14 COM AT PT IN N LINE 34.52 FT WLY FROM NELY COR THSELY ON LINE WHICH WOULD INTERSECT SE COR
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: 42.474285 / -92.35081
  • Subdivision: M E George Addition
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Plus Four: 5032
  • Bathroom Fixtures: 6
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 3

Ownership Info

507 Terrace Dr has no associated ownership info
507 Terrace Dr has no associated ownership info.

Taxes

507 Terrace Dr has 10 associated Taxes items

507 Terrace Dr, 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 $203,980. The APN we've located for 507 Terrace Dr is 8913-35-328-011.

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Taxes
  • Assessed Value:  $203,980
  • Assessed Year:  2025
  • Assessed County:  Black Hawk
  • APN:  8913-35-328-011
  • Assessed Land Value:  23280
  • Market Land Value:  23280
  • Tax Amount:  3940
  • Tax Year:  2025
  • Market Value:  203980
  • Market Year:  2025

Tax History

507 Terrace Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $203,980 Land Value $23,280 Improvement Value $180,700 Tax Amount $3,940 Change Rate -0.065021% Assessed CR Tax Rate +0.019316%
Year 2024 Assessed Value $204,460 Land Value $23,280 Improvement Value $181,180 Tax Amount $4,214 Change Rate +0.086791% Assessed CR Tax Rate +0.02061%
Year 2023 Assessed Value $204,460 Land Value $23,280 Improvement Value $181,180 Tax Amount $3,877.47 Change Rate +0.248381% Assessed CR Tax Rate +0.018964%
Year 2022 Assessed Value $153,710 Land Value $23,280 Improvement Value $130,430 Tax Amount $3,106 Change Rate +0.027878% Assessed CR Tax Rate +0.020207%
Year 2021 Assessed Value $153,710 Land Value $23,280 Improvement Value $130,430 Tax Amount $3,021.76 Change Rate -0.06381% Assessed CR Tax Rate +0.019659%
Year 2020 Assessed Value $145,790 Land Value $18,290 Improvement Value $127,500 Tax Amount $3,227.72 Change Rate -0.006244% Assessed CR Tax Rate +0.02214%
Year 2019 Assessed Value $145,790 Land Value $18,290 Improvement Value $127,500 Tax Amount $3,248 Change Rate -0.000615% Assessed CR Tax Rate +0.022279%
Year 2018 Assessed Value $145,790 Land Value $18,290 Improvement Value $127,500 Tax Amount $3,250 Change Rate Assessed CR Tax Rate +0.022292%
Year 2017 Assessed Value $145,790 Land Value $18,290 Improvement Value $127,500 Tax Amount $3,250 Change Rate -0.02926% Assessed CR Tax Rate +0.022292%
Year 2016 Assessed Value $145,790 Land Value $18,290 Improvement Value $127,500 Tax Amount $3,347.96 Change Rate +0.01208% Assessed CR Tax Rate +0.022964%
Year 2015 Assessed Value $145,790 Land Value $18,290 Improvement Value $127,500 Tax Amount $3,308 Change Rate +0.028607% Assessed CR Tax Rate +0.02269%
Year 2014 Assessed Value $139,090 Land Value $18,290 Improvement Value $120,800 Tax Amount $3,216 Change Rate +0.02682% Assessed CR Tax Rate +0.023122%
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $3,132 Change Rate Assessed CR Tax Rate