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1401 3rd St SW APT 116, Waverly, IA, 50677

1beds
1baths
786sqft
$137,000
$174price/sqft
$1,041/moest. monthly cost
$41,640/yrincome needed

About This Home

Welcome to easy, comfortable living in this well-maintained 1-bedroom, 1-bath condo located in in the Ledger. Offering 792 square feet of well designed space, this unit features numerous recent updates that make it truly move-in ready. The interior was freshly painted in late 2023, complemented by new carpet and updated tile flooring in both the kitchen and bathroom, along with a beautiful new walk-in shower. Designed with comfort and peace of mind in mind, the condo includes a bathroom emergency call button and participates in a unique community check-in system where residents display a daily “I’m OK” tag. Life at The Ledges is enhanced by a wide range of amenities, including an indoor parking garage, extra storage room with each unit, a large community room for gatherings, a library and TV lounge, craft and woodworking rooms, an exercise room with free weekly fitness classes, a guest suite for visitors, and a beautifully maintained courtyard with a walking path. Located just moments from shopping, dining, and everyday conveniences, this condo offers quick access to downtown Waverly and Highway 218. Beyond the home itself, the true highlight is the vibrant, supportive community that makes The Ledges such a special place to live.

Getting Around

35
WalkingCar-Dependent
0
TransitVery Limited Transit
54
BikeBikeable

Schools

Construction

Condition

  • Year built: 1998

Materials

  • Roof: Asphalt
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Basement

  • Basement: None

Bedrooms & Bathrooms

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

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: 786 sqft

Other

  • Level: Upper

Other

  • Level: Main

Other

  • Level: Lower

Property

Details

  • Parcel number: 0911152018
  • Zoning: R-1
  • Special condition: Standard

Lot

  • Lot size: 5,227 sqft
  • Lot size dimensions: NA

Parking

  • Total spaces: 1
  • Parking features: 1 Stall
  • Covered spaces: 1
  • Carport spaces: 1

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

  • Hail
    HailRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Drought
    DroughtModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Hail
Strong Wind
Tornado
Winter Weather
Cold Wave
Drought
Inland Flooding

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 $692$8,304
Home Insurance *$92$1,104
Property Taxes $136$1,632
Electricity $121$1,452
Total$1,041$12,492
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$35,691/yr
40% on housing$31,230/yr
45% on housing$27,760/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: 12.9%
12.9%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: -2.0%
-2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$174This listing

vs Other Active Listings

Avg $/sqft

ZIP 50677$143
Bremer County$158

vs Homes Sold Last Month

Median $/sqft

ZIP 50677$147
Bremer County$127

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
2026-05-02Listed for sale$137,000
2026-04-13Listing removed--
2026-01-13Listed for sale$137,000
2025-12-28Listing removed--
2025-09-27Listed for sale$142,000
2024-07-23Listing removed--
2024-06-29Listed for sale$140,000
2023-12-01Sold$125,000
2023-11-09Pending sale$125,000
2012-12-10Sold$95,000
2008-07-07Sold$89,000

For Sale by Agent

AgentJessica Kettleson
BrokerageCentury 21 Signature Real Estate-Waverly

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