Don't miss out on this great home designed for today’s modern lifestyle. Beautifully balanced with great style and design with true functionality. This home features over 2500 sq. ft. of finished quality living space with 4 bedrooms including a master suite with a double vanity and walk-in closet, 3.5 bathrooms, an eat-in kitchen with a pantry, island, and sliding doors to the deck and patio, an open living room with gas fireplace, a main floor laundry room, and a builder-finished lower level with bedroom, bathroom and family room. Also included with the home is a Maximum Sight & Sound home security system and a DogGuard invisible fence. Conveniently located in the beautiful Audubon Heights community. Partial tax abatement still applies.
The most exciting new home community to hit Waterloo in decades, welcome to Audubon Heights! Expanding on the desirability of Audubon Park in south Waterloo, Audubon Heights has been intentionally developed to take advantage of the gentle hills and tranquil views. Oversized homesites create privacy and breathing room. Winding streets with sidewalks throughout invite a solid sense of community. Audubon Heights’ residents can hop directly onto the Cedar Valley Trail System, with Prairie Grove Park less than ½-mile away. We are also thrilled to be located within the highly acclaimed Orange Elementary School District. This beautiful Tyler home plan has been redesigned for today’s modern lifestyle, beautifully balancing great style and design with true functionality. You will see this most specifically in the phenomenal mudroom-drop zone combo with adjacent laundry room and ½-bath, all conveniently located off of the three stall garage. The spacious great room features an inviting fireplace. The gourmet kitchen layout includes a center island with a breakfast bar and loads of storage. Your main floor master suite is also a true beauty. This home has been thoughtfully placed on this nicely sized homesite to maximize an incredible full-light basement with seemingly limitless potential. Ready for a December move-in? This home may be just what you’ve been dreaming of. So don’t wait! Now is the time to get in on the ground floor of this fantastic Audubon Heights community. Keep in mind, there are financial advantages to choosing this neighborhood now, such as: 1) This home can qualify you for the City of Waterloo 3-Year Property Tax Abatement. 2) Specific to the first five houses we build in Audubon Heights, we have already included $10,000 of free options and upgrades in this home! 3) Additional incentives may apply. 4) Mortgage rates may never be lower.
Year
Property tax
Land + Additions
Assessment*
2025
$9,732 (+7.0%)
$63,180 + $382,870
$446,050
2024
$9,092 (+27.5%)
$63,180 + $382,870
$446,050
2023
$7,130 (+2.7%)
$63,180 + $417,800
$480,980
2022
$6,940 (−5.7%)
$63,180 + $417,800
$480,980
2021
$7,362 (−4.9%)
$56,160 + $280,780
$336,940
2020
$7,738 (+1,002.3%)
$56,160 + $280,780
$336,940
2019
$702 (+1.4%)
$56,160 + $291,120
$347,280
2018
$692 (−3.6%)
$56,160 + $291,120
$347,280
2017
$718 (+632.7%)
$39,780 + $302,770
$342,550
2016
$98
$39,780 + $216,830
$256,610
Tax history for 1507 Falcon Rdg
Year
Property tax
Land + Additions
Assessment*
2025
$9,732 (+7.0%)
$63,180 + $382,870
$446,050
2024
$9,092 (+27.5%)
$63,180 + $382,870
$446,050
2023
$7,130 (+2.7%)
$63,180 + $417,800
$480,980
2022
$6,940 (−5.7%)
$63,180 + $417,800
$480,980
2021
$7,362 (−4.9%)
$56,160 + $280,780
$336,940
2020
$7,738 (+1,002.3%)
$56,160 + $280,780
$336,940
2019
$702 (+1.4%)
$56,160 + $291,120
$347,280
2018
$692 (−3.6%)
$56,160 + $291,120
$347,280
2017
$718 (+632.7%)
$39,780 + $302,770
$342,550
2016
$98
$39,780 + $216,830
$256,610
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
4.5
Stories
—
Lot width
90 ft.
Lot depth
160 ft.
Lot size
0.33 Acres
Year renovated
—
Sq. Ft.
2,565
Year built
2015
Style
Single Family Residential
County
Black Hawk County
APN
881308351023
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 12, 2026.
R-1
One and Two Family Residence District
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
Property details
Parking
Parking/Garage Information
Has Attached Garage
Has Carport
# of Carport Spaces: 3
Interior
Bathroom Information
# of Full Bathrooms: 2
# of Three Quarter Bathrooms: 1
# of Half Bathrooms: 1
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Natural Gas, Forced Air
Interior Features
Interior Features: Pantry
Appliances: Disposal, Gas Water Heater, Water Softener Owned
Has Fireplace
# of Fireplaces: 1
Fireplace Features: Gas, Living Room
Room Information
Has Basement
Basement Details: Sump Pump, Concrete
Exterior
Exterior Features
Patio And Porch Features: Deck, Patio
Roof: Asphalt
Building Information
Below Grade Finished Area: 850
Construction Materials: Stone, Vinyl Siding
Property Features
Security Features: Smoke Detector(s)
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family Residence
Lot Information
Road Surface Type: Concrete
Lot Size Dimensions: 90 x 160
Lot Size Acres: 0.331
Zoning Description: R-1
Financial
Tax Information
Tax Annual Amount: $887
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Location
HOA Information
Has Homeowners Association
Association Fee: $100
Association Fee Frequency: Annually
Derived Association Fee (Monthly): $8.33
Schools Information
Elementary School: Orange Elementary
Middle Or Junior School: Hoover Intermediate
High School: West High
Public facts
Beds: 4
Baths: 4.5
Sq. Ft.: 2,565
Stories: —
Lot Size: 0.33 acres
Style: Single Family Residential
Year Built: 2015
Year Renovated: —
County: Black Hawk County
APN: 881308351023
Home facts updated by county records on Aug 12, 2026
Around this home
Schools
Orange Elementary School
Public PreK-5 • Assigned • 2.2mi
8/10
Hoover Middle School
Public 6-8 • Assigned • 2.2mi
6/10
West High School
Public 9-12 • Assigned • 2.9mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
In this area, properties receive around 10.1 hours in
June and 4 hours in December, which is comparable to the
U.S. average for solar exposure.
10.1 hrs
4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$431,000 – $521,000
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