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5017 Gilbertville Rd, Waterloo, IA, 50701

4beds
3baths
2,908sqft
$675,000
$232price/sqft
$4,866/moest. monthly cost
$194,640/yrincome needed

About This Home

This impeccably maintained home showcases true pride of ownership from the moment you arrive. Nestled on a stunning 2-acre, tree-surrounded lot, the setting offers unmatched tranquility and natural beauty. Inside, the living room impresses with vaulted ceilings, new luxury plank flooring, and dramatic floor-to-ceiling windows that frame the backyard views. The home features all new windows installed in 2024. The kitchen is equally impressive, featuring abundant cabinetry, solid-surface countertops, a huge pantry, updated appliances, and an island with a breakfast bar — all tied together with the same gorgeous flooring. The main floor hosts a spacious primary suite with tray ceilings and a beautifully updated bath offering a kitchen-height double vanity, new flooring, and tub/shower. Two additional large bedrooms with double closets and an updated full bath complete the main level, along with a dedicated laundry room. The lower level is wide open with 9-ft ceilings, perfect for entertaining, hosting gatherings, or watching the big game. New carpet runs throughout, and the massive fourth bedroom includes double closets and an egress window. A full lower-level bath and abundant storage space add convenience. Step outside to a private backyard oasis featuring a patio and hot tub surrounded by mature trees. The oversized 3-stall garage (888 sq. ft.) provides exceptional space for vehicles, hobbies, and storage. A rare combination of privacy, acreage, quality updates, and meticulous care — this home is truly one of a kind.

Getting Around

4
WalkingCar-Dependent
0
TransitNo Nearby Transit
15
BikeSomewhat Bikeable

Schools

8/10
Orange Elementary SchoolGrades PK-56.6 mi
3/10
Bunger Middle SchoolGrades 6-83.9 mi
2/10
East High SchoolGrades 9-127.3 mi

Construction

Condition

  • Year built: 2011

Materials

  • Roof: Shingle
  • Construction materials: Stone,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Microwave,Electric Water Heater
  • Laundry features: 1st Floor,Laundry Room

Basement

  • Has basement: Yes
  • Basement: Finished,Radon Mitigation System

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Ceiling Fan(s),Granite Counters
  • Fireplace features: None
  • Finished area below ground: 1,200

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Ceiling Fan(s),Central Air

Interior Area

  • Total interior livable area: 2,908 sqft

Other

  • Level: Upper

Other

  • Level: Main

Other

  • Level: Lower

Property

Details

  • Parcel number: 8812222201016
  • Zoning: OTHER
  • Special condition: Standard

Features

  • Waterfront features: Pond

Lot

  • Lot size: 2 Acres
  • Features: Landscaped,Secluded,Wooded
  • Lot size dimensions: TBD

Parking

  • Total spaces: 3
  • Parking features: 3 or More Stalls,Attached Garage
  • Covered spaces: 3
  • Carport spaces: 3

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

  • Drought
    DroughtRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate

How This Home’s Risks Compare

Drought
Strong Wind
Tornado
Winter Weather
Cold Wave
Hail

FEMA Declared Disasters Across Iowa Counties

Tornado

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

MonthlyAnnual
Mortgage $3,413$40,956
Home Insurance *$604$7,248
Property Taxes $633$7,596
Electricity $216$2,603
Total$4,866$58,392
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$166,834/yr
40% on housing$145,980/yr
45% on housing$129,760/yr

Iowa FAIR Plan Programs

Iowa FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 1,021Commercial: 22
Total Premiums$1.14M
Total Exposure$85.68M

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.

Insurance Growth Rate5-year average: 13.2%
13.2%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: -1.2%
-1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$232This listing

vs Other Active Listings

Avg $/sqft

ZIP 50701$133
Black Hawk County$137

vs Homes Sold Last Month

Median $/sqft

ZIP 50701$122
Black Hawk County$123

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)

Price History

DateEventPrice
2026-08-10Price change$649,000
2026-07-10Listed for sale$675,000
2011-12-12Sold$293,500

For Sale by Agent

AgentDean Noland
BrokerageBerkshire Hathaway Home Serv

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