118 Axlewood Dr, Waterloo, IA, 50701
About This Home
Imagine starting each day in a home that effortlessly combines comfort with style, set right in the heart of Cedar Valley. This vibrant neighborhood, once the grounds of Edison Elementary, has been reimagined into a new community ready for memories waiting to be made. Step inside this brand-new residence and feel its potential—from three spacious bedrooms and two bathrooms to an unfinished lower level that invites your personal touch, whether for a cozy hideaway, creative studio, or lively entertainment space. Every detail has been carefully considered, from the distinctive exterior accents to the beautiful quartz countertops and sleek Aristokraft cabinetry. Outside, the neighborhood unfolds as more than a place to reside; it’s a community that fosters connection and camaraderie, with a new park serving as the perfect spot to gather and make memories with neighbors. Partial tax abatement in the City of Waterloo, this home offers not just a lifestyle but peace of mind. The next chapter of this community’s story could start with you.
Getting Around
Somewhat Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2024
Materials
- Roof: Shingle
- Construction materials: Vinyl Siding
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Microwave Built In,Free-Standing Range,Refrigerator
- Laundry features: 1st Floor
Basement
- Has basement: Yes
- Basement: Unfinished
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Features
- Fireplace features: None
- Finished area below ground: 0
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total interior livable area: 1,320 sqft
Other
- Level: Upper
Other
- Level: Main
Other
- Level: Lower
Property
Details
- Parcel number: 891322361005
- Zoning: R-1
- Special condition: Standard
Lot
- Lot size: 5,227 sqft
- Lot size dimensions: 40x129
Parking
- Total spaces: 2
- Parking features: 2 Stall,Attached Garage
- Covered spaces: 2
- Carport spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Winter Weather
- Hail
- Strong Wind
- Tornado
How This Home’s Risks Compare
FEMA Declared Disasters Across Iowa Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,448 | $17,376 |
| Home Insurance * | $256 | $3,072 |
| Property Taxes | $0 | $0 |
| Electricity | $121 | $1,452 |
| Total | $1,825 | $21,900 |
Income You'd Need if You Spent...
Iowa FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-10-23 | Price change | $286,500 |
| 2025-06-16 | Price change | $285,000 |
| 2025-04-16 | Price change | $295,000 |
| 2025-03-07 | Listed for sale | $300,000 |
View on Zillow