Investor Special — Priced Below Assessed Value! Bring your vision to this incredible 4-level split offering nearly 4,000 sq ft of living space, 7 bedrooms, and 4 bathrooms — perfect for investors, large households, or those needing room to grow. The home welcomes you with a spacious entryway and an open staircase leading to six upper-level bedrooms. The large kitchen and expansive living area provide endless potential for updates and personalization. A cozy den connects to a charming greenhouse — ideal for plant lovers — and the property’s mature fruit trees and generous yard make it a gardener’s dream. With this much square footage and priced below assessed value, this is your chance to build equity fast. Don’t miss this rare opportunity — schedule your showing today!
The R-1 District is intended to provide for areas of the community which are suitable for low density residential uses that are adjacent to residential, professional office or neighborhood commercial uses. Any outside storage of materials or equipment shall be limited and clearly incidental and accessory to the Principal Permitted Use, and shall not include the outside storage of junk or salvage material or similar debris. Outside storage of materials or equipment shall not be permitted in a front yard. This provision shall not restrict the outside storage of licensed and operable vehicles that are accessory and clearly incidental to the Principal Permitted Use.
Permitted uses
Include but are not limited to:
Community / recreation center
Housing-Single unit
Housing-Multiple units
Infrastructure
Public service
Educational/school
Recreation
Golf related
Cemetery
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 101° expected this year, 16 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Waterloo, IA • 50701
Average low and high temperatures (°F)
27
11
34
17
55
32
62
42
73
51
82
63
83
67
80
62
80
56
69
46
48
33
33
18
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.8 hrs
6.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1037 Rachael St
$266,248
$14K under list price of $280K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $275K to $323K.