Great opportunity with updates from top to bottom! This ranch style home offers four bedrooms, two full bathrooms, and a walkout lower level. Once inside you'll find a spacious living room that opens into the updated kitchen and dining room. The completely updated kitchen boasts new cabinetry, appliances, countertops, backsplash, sink, lighting, and flooring, and provides access to the garage. The dining room offers sliding door access to the sunroom that overlooks the backyard. The main floor also includes two bedrooms and a completely updated full bathroom. The bathroom boasts dual vanities and a tiled shower. The walkout lower level features additional living space along with two more bedrooms, another updated full bathroom, and a spacious laundry room with storage. Additional updates include new windows and a new air conditioner. Outside, you'll find a new roof, an attached garage, and a spacious backyard. This is one you won't want to miss! Schedule a showing today!
Set on a beautiful lot in an excellent central Waterloo/Cedar Falls location, this 4 bedroom home offers a 3-seasons room, spacious floor plan, and walk-out lower level! This home needs some TLC and is priced accordingly. This property is "as is" and immediate possession is available.
Year
Property tax
Land + Additions
Assessment*
2026
$3,602 (+3.4%)
$36,300 + $80,720
$117,020
2025
$3,482 (+8.7%)
$36,300 + $80,720
$117,020
2024
$3,204 (+27.0%)
$36,300 + $151,130
$187,430
2023
$2,522 (+2.8%)
$36,300 + $134,450
$170,750
2022
$2,454 (+7.8%)
$36,300 + $134,450
$170,750
2021
$2,276 (+1.8%)
$36,300 + $87,390
$123,690
2020
$2,236 (−8.8%)
$28,520 + $80,600
$109,120
2019
$2,452 (−14.7%)
$28,520 + $80,600
$109,120
2018
$2,876 (+6.8%)
$28,520 + $80,600
$109,120
2017
$2,692 (+1.5%)
$28,520 + $100,450
$128,970
2016
$2,652 (+5.7%)
$28,520 + $100,450
$128,970
2014
$2,508
$28,520 + $95,160
$123,680
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
—
Lot width
—
Lot depth
—
Lot size
0.34 Acres
Year renovated
—
Finished Sq. Ft.
1,052
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,052
Year built
1963
Style
Single Family Residential
County
Black Hawk County
APN
891321128016
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 14, 2026.
R-2
One and Two Family Residence District
The R-2 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, 15 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
84
68
80
62
79
56
69
46
48
33
33
18
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
98/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 21% for direct sun exposure in Waterloo. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.1 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 145 Faber Rd
$239,916
$16 over list price of $240K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $218K to $254K.