511 Olympic Dr, Waterloo, IA, 50701
About This Home
Completely reimagined from top to bottom, this stunning two-story home on a spacious corner lot blends timeless character with today's modern style and functionality. Once a traditional floor plan, the home has been thoughtfully redesigned to create an open, inviting layout that flows effortlessly from one living space to the next. The beautifully updated kitchen serves as the heart of the home, featuring premium cabinetry, gorgeous granite and quartz countertops, stylish backsplash, quality fixtures, and a large built-in pantry offering exceptional storage. A newly added mudroom off the attached garage creates the perfect drop zone while adding privacy to the secondary living area. Extensive updates throughout the home include beautifully renovated bathrooms, updated flooring, trim, paint, lighting, and a new electrical panel, making this home truly move-in ready. The finished lower level adds additional living space with a bathroom, a roughed-in wet bar ready for your finishing touches, and a finished hallway leading to the walkout backyard. This is a rare opportunity to own a home where every detail has been carefully considered, combining classic curb appeal with modern updates in a highly functional design. Recent updates include: new kitchen appliances, new washer and dryer, roof replacement 2024, permanent exterior holiday lights, soft water and RO systems, and 240 volt outlet for EV charging!
Getting Around
Car-Dependent
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1983
Materials
- Roof: Shingle,Asphalt
- Construction materials: Brick
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Microwave,Free-Standing Range,Refrigerator
- Laundry features: 2nd Floor,Laundry Room
Basement
- Has basement: Yes
- Basement: Concrete,Walk-Out Access,Partially Finished
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 1
- 3/4 bathrooms: 2
- 1/2 bathrooms: 1
Features
- Fireplace features: One,Living Room
- Fireplace: Yes
- Finished area below ground: 672
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: Central Air
Interior Area
- Total interior livable area: 3,360 sqft
Other
- Level: Upper
Other
- Level: Main
Other
- Level: Lower
Property
Details
- Parcel number: 881304379004
- Zoning: R-1
- Special condition: Standard
Features
- Patio & porch: Screened
- Fencing: Fenced
Lot
- Lot size: 0.32 Acres
- Features: Corner Lot
- Lot size dimensions: 135x103
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
- 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 | $2,171 | $26,052 |
| Home Insurance * | $384 | $4,608 |
| Property Taxes | $652 | $7,824 |
| Electricity | $250 | $3,007 |
| Total | $3,457 | $41,484 |
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)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-29 | Listed for sale | $429,500 |
| 2022-10-21 | Sold | $368,000 |
| 2022-09-24 | Pending sale | $375,000 |
| 2022-09-16 | Price change | $375,000 |
| 2022-09-13 | Price change | $378,000 |
| 2022-09-06 | Price change | $380,000 |
| 2022-09-01 | Price change | $382,500 |
| 2022-08-23 | Price change | $385,900 |
| 2022-08-17 | Price change | $390,000 |
| 2022-08-11 | Price change | $399,000 |
| 2022-08-02 | Price change | $399,999 |
| 2022-07-22 | Price change | $415,000 |
| 2022-07-19 | Listed for sale | $425,000 |
| 2020-07-17 | Sold | $225,000 |
| 2020-07-17 | Listed for sale | $225,000 |
| 2020-05-13 | Pending sale | $225,000 |
| 2020-05-05 | Listed for sale | $225,000 |
| 2015-12-23 | Listing removed | $259,900 |
| 2015-10-28 | Listed for sale | $259,900 |
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