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5562 Summerland Dr; Waterloo, IA Property Details

5562 Summerland Dr, Waterloo, IA is a Single Family that was built in 2005. This property is currently a cash purchase and is not for sale. Our records show that 5562 Summerland Dr has 3 bedrooms, and 4 bathrooms, and a total of 1,550 square feet. The lot size of 5562 Summerland Dr is 9,100 square feet.

Off market
5562 Summerland Dr Waterloo, IA 50701
$250,000 Listing Price
3 Beds
4 Baths
1,550 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2005
  • Purchase Price: $250,000
  • Open Loans / Balance: 1 / $165,012
  • Est. Equity / %: $196,988 / 54.42%
  • Gross Yield: 13.382%
  • APN: 8813-13-427-024
  • Situs County: Black Hawk
  • Length Of Ownership: 11 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full Bathrooms: 3
  • Total Rooms: 10
  • Partial Bathrooms: 2

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Vinyl siding
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Roof Type: Hip
  • Porch Type: Open
  • Roof Cover Type: Asphalt
  • Deck: true
  • Patio Type: Patio

Measurements

  • Total: 1,550/SqFt
  • Lot: 9,100/SqFt
  • Gross: 1,550/SqFt
  • Garage: 840/SqFt
  • Living: 1,550/SqFt
  • Basement: 1,550/SqFt
  • Building: 1,550/SqFt
  • Ground: 1,550/SqFt
  • Basement Finished: 1,000/SqFt
  • Price Per Square Foot: $161.29

Legal Description

  • Description: SUMMERLAND FARMS LOT 46 & SWLY 20 FT IN EVEN WIDTH LOT 47
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: 42.433773 / -92.2994
  • Subdivision: Summerland Farms
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Plus Four: 9598
  • Bathroom Fixtures: 2
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Yes
  • Parking: 3

HOA

  • H O A One: $350
  • H O A Amount: $350
  • H O A One Frequency: Annual
  • H O A One Type: Planned Unit Development

Ownership Info

5562 Summerland Dr has no associated ownership info
5562 Summerland Dr has no associated ownership info.

Taxes

5562 Summerland Dr has 10 associated Taxes items

5562 Summerland 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 $352,930. The APN we've located for 5562 Summerland Dr is 8813-13-427-024.

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Taxes
  • Assessed Value:  $352,930
  • Assessed Year:  2025
  • Assessed County:  Black Hawk
  • APN:  8813-13-427-024
  • Assessed Land Value:  39100
  • Market Land Value:  39100
  • Tax Amount:  6798
  • Tax Year:  2025
  • Market Value:  352930
  • Market Year:  2025

Tax History

5562 Summerland Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $352,930 Land Value $39,100 Improvement Value $313,830 Tax Amount $6,798 Change Rate -0.018764% Assessed CR Tax Rate +0.019262%
Year 2024 Assessed Value $337,990 Land Value $39,100 Improvement Value $298,890 Tax Amount $6,928 Change Rate +0.086941% Assessed CR Tax Rate +0.020498%
Year 2023 Assessed Value $337,990 Land Value $39,100 Improvement Value $298,890 Tax Amount $6,373.85 Change Rate +0.128914% Assessed CR Tax Rate +0.018858%
Year 2022 Assessed Value $269,350 Land Value $39,100 Improvement Value $230,250 Tax Amount $5,646 Change Rate +0.027622% Assessed CR Tax Rate +0.020962%
Year 2021 Assessed Value $269,350 Land Value $39,100 Improvement Value $230,250 Tax Amount $5,494.24 Change Rate -0.028366% Assessed CR Tax Rate +0.020398%
Year 2020 Assessed Value $252,940 Land Value $34,210 Improvement Value $218,730 Tax Amount $5,654.64 Change Rate +0.053791% Assessed CR Tax Rate +0.022356%
Year 2019 Assessed Value $252,940 Land Value $34,210 Improvement Value $218,730 Tax Amount $5,366 Change Rate -0.000745% Assessed CR Tax Rate +0.021215%
Year 2018 Assessed Value $252,940 Land Value $34,210 Improvement Value $218,730 Tax Amount $5,370 Change Rate Assessed CR Tax Rate +0.02123%
Year 2017 Assessed Value $252,940 Land Value $34,210 Improvement Value $218,730 Tax Amount $5,370 Change Rate -0.063471% Assessed CR Tax Rate +0.02123%
Year 2016 Assessed Value $252,940 Land Value $34,210 Improvement Value $218,730 Tax Amount $5,733.94 Change Rate +0.049019% Assessed CR Tax Rate +0.022669%
Year 2015 Assessed Value $252,940 Land Value $34,210 Improvement Value $218,730 Tax Amount $5,466 Change Rate -0.032224% Assessed CR Tax Rate +0.02161%
Year 2014 Assessed Value $252,940 Land Value $34,210 Improvement Value $218,730 Tax Amount $5,648 Change Rate +0.027656% Assessed CR Tax Rate +0.022329%
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $5,496 Change Rate Assessed CR Tax Rate