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765 Prospect Blvd, Waterloo, IA, 50701

4beds
3baths
2,968sqft
$399,900
$135price/sqft
$3,241/moest. monthly cost
$129,640/yrincome needed

About This Home

Welcome to this beautifully updated and meticulously maintained home offering 2,968 finished square feet of comfortable living space in one of the area's most desirable neighborhoods. With four spacious bedrooms conveniently located on the same level, this home blends timeless character with modern updates. The custom kitchen is the heart of the home, featuring a large center island with a Viking 6-burner gas cooktop, professional-grade hood vent, newer stainless steel refrigerator, and abundant workspace for cooking and entertaining. The kitchen opens seamlessly to the inviting great room, where exposed wood beams, a cozy gas fireplace, and picturesque backyard views create a warm and welcoming atmosphere. The formal living and dining rooms provide additional gathering space and are highlighted by a charming wood-burning fireplace, perfect for hosting family and friends. Upstairs, the private primary suite offers a relaxing retreat with a walk-in closet, dual sinks, and a luxurious walk-in shower with dual shower heads. Three additional generously sized bedrooms and a full bath complete the upper level. The immaculate, dry basement adds valuable living flexibility with a bonus room ideal for a home office, exercise space, playroom, or hobby area, along with ample storage. Outside, you'll find a beautifully landscaped yard, lawn sprinkler system, basketball hoop, and an impressive two-tiered deck that creates the perfect setting for outdoor entertaining, summer barbecues, or simply relaxing in the privacy of your backyard. There is a shed in the backyard to accommodate your extra items. This exceptional home offers the perfect combination of space, comfort, quality updates, and outstanding outdoor living in a highly coveted neighborhood. Don't miss the opportunity to make it yours. Schedule your private showing today!

Getting Around

47
WalkingCar-Dependent
21
TransitMinimal Transit
39
BikeSomewhat Bikeable

Schools

6/10
6/10
Hoover Middle SchoolGrades 6-80.7 mi
3/10
West High SchoolGrades 9-120.8 mi

Construction

Condition

  • Year built: 1940

Materials

  • Roof: Asphalt
  • Construction materials: Vinyl Siding

Type & Style

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

Interior

Appliances

  • Appliances included: Built-In Oven,Cooktop,Dishwasher,Double Oven,Dryer,Disposal,Microwave,Refrigerator,Washer
  • Laundry features: 1st Floor

Basement

  • Has basement: Yes
  • Basement: Partially Finished

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 1
  • 3/4 bathrooms: 1
  • 1/2 bathrooms: 1

Features

  • Fireplace features: Gas,Living Room,Wood Burning
  • Fireplace: Yes
  • Finished area below ground: 400

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 2,968 sqft

Other

  • Level: Upper

Other

  • Level: Main

Other

  • Level: Lower

Property

Details

  • Parcel number: 891334404050
  • Zoning: R-1
  • Special condition: Standard

Lot

  • Lot size: 0.39 Acres
  • Lot size dimensions: 70x242

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

  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Strong Wind
Winter Weather
Hail
Tornado

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 $2,022$24,264
Home Insurance *$358$4,296
Property Taxes $640$7,680
Electricity $221$2,656
Total$3,241$38,892
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$111,120/yr
40% on housing$97,230/yr
45% on housing$86,426/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

$135This listing

vs Other Active Listings

Avg $/sqft

ZIP 50701$135
Black Hawk County$138

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
2026-08-12Price change$395,000
2026-07-29Price change$399,900
2026-07-07Price change$410,000
2026-06-25Price change$415,000
2026-06-18Listed for sale$425,000
2023-09-01Sold$349,900
2023-07-15Pending sale$349,900
2023-06-28Listed for sale$349,900

For Sale by Agent

AgentDebra Metcalf,GRI,CRS,ABR
BrokerageOakridge Real Estate

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