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553 Reed St; Waterloo, IA Property Details

553 Reed St, Waterloo, IA is a Single Family that was built in 1946. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 553 Reed St has 2 bedrooms, and 1.5 bathrooms, and a total of 934 square feet. The lot size of 553 Reed St is 7,611 square feet.

Off market
553 Reed St Waterloo, IA 50703
$56,500 Listing Price
2 Beds
1.5 Baths
934 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1946
  • Purchase Price: $26,528
  • Est. Equity / %: $73,000 / 100%
  • Gross Yield: 13.134%
  • APN: 8913-14-427-002
  • Situs County: Black Hawk
  • Length Of Ownership: 15 years, 4 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 4
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 934/SqFt
  • Lot: 7,611/SqFt
  • Gross: 934/SqFt
  • Garage: 528/SqFt
  • Living: 934/SqFt
  • Basement: 934/SqFt
  • Building: 934/SqFt
  • Ground: 934/SqFt
  • Basement Finished: 200/SqFt
  • Basement Unfinished: 934/SqFt
  • Price Per Square Foot: $28.40

Legal Description

  • Description: LITCHFIELD ADDITION LOT 12 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: 42.519913 / -92.34055
  • Subdivision: Litchfield Addition
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Plus Four: 2447
  • Bathroom Fixtures: 4
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 2

Ownership Info

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

Taxes

553 Reed St has 10 associated Taxes items

553 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 $72,780. The APN we've located for 553 Reed St is 8913-14-427-002.

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Taxes
  • Assessed Value:  $72,780
  • Assessed Year:  2025
  • Assessed County:  Black Hawk
  • APN:  8913-14-427-002
  • Assessed Land Value:  7520
  • Market Land Value:  7520
  • Tax Amount:  1486
  • Tax Year:  2025
  • Market Value:  72780
  • Market Year:  2025

Tax History

553 Reed St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $72,780 Land Value $7,520 Improvement Value $65,260 Tax Amount $1,486 Change Rate +0.125758% Assessed CR Tax Rate +0.020418%
Year 2024 Assessed Value $60,830 Land Value $7,520 Improvement Value $53,310 Tax Amount $1,320 Change Rate +0.085687% Assessed CR Tax Rate +0.0217%
Year 2023 Assessed Value $60,830 Land Value $7,520 Improvement Value $53,310 Tax Amount $1,215.82 Change Rate +0.149168% Assessed CR Tax Rate +0.019987%
Year 2022 Assessed Value $48,140 Land Value $7,520 Improvement Value $40,620 Tax Amount $1,058 Change Rate +0.027873% Assessed CR Tax Rate +0.021978%
Year 2021 Assessed Value $48,140 Land Value $7,520 Improvement Value $40,620 Tax Amount $1,029.31 Change Rate -0.050233% Assessed CR Tax Rate +0.021382%
Year 2020 Assessed Value $47,850 Land Value $7,230 Improvement Value $40,620 Tax Amount $1,083.75 Change Rate +0.016651% Assessed CR Tax Rate +0.022649%
Year 2019 Assessed Value $47,850 Land Value $7,230 Improvement Value $40,620 Tax Amount $1,066 Change Rate Assessed CR Tax Rate +0.022278%
Year 2018 Assessed Value $47,850 Land Value $7,230 Improvement Value $40,620 Tax Amount $1,066 Change Rate Assessed CR Tax Rate +0.022278%
Year 2017 Assessed Value $47,850 Land Value $7,230 Improvement Value $40,620 Tax Amount $1,066 Change Rate -0.029913% Assessed CR Tax Rate +0.022278%
Year 2016 Assessed Value $47,850 Land Value $7,230 Improvement Value $40,620 Tax Amount $1,098.87 Change Rate +0.011851% Assessed CR Tax Rate +0.022965%
Year 2015 Assessed Value $47,850 Land Value $7,230 Improvement Value $40,620 Tax Amount $1,086 Change Rate -0.088926% Assessed CR Tax Rate +0.022696%
Year 2014 Assessed Value $51,540 Land Value $7,230 Improvement Value $44,310 Tax Amount $1,192 Change Rate +0.027586% Assessed CR Tax Rate +0.023128%
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $1,160 Change Rate Assessed CR Tax Rate