Better than new! Three full years of tax abatement still remaining on this beautiful home! Quality and comfort are yours in this stunning five bedroom, ranch style home. Newly constructed, this amazing property features over 3,000 square feet of finished living space. Superbly styled, you will immediately enjoy the open layout of the main floor. The spacious living room offers cozy carpeting throughout and expansive windows with great views. The kitchen and dining area are sure to please showcasing beautiful wood flooring and gorgeous cabinets, along with luxurious granite countertops, a center island/breakfast bar, and a convenient pantry space. The excellent main floor master suite features a master bath with dual vanities and an attached walk-in closet with amazing custom built-ins that make you feel like a celebrity. The master closet also provides convenient access to the laundry room for easy living! Completing the remainder of the main floor are two additional bedrooms and a full bath. The finished living space continues in the lower level of this home and will not disappoint! Boasting a large family room area that has been wonderfully designed with a center fireplace, a wet bar and a gorgeous walk-out patio. The lower level also includes an additional two bedrooms and full bath. Exterior amenities include fenced backyard, rear deck, and an attached 3 stall garage. This home is simply stunning and a must see! Why build new when you can take advantage of the tremendous value provided here!
This popular Lakewood plan blends functionality for daily life with beautiful design for your personal enjoyment. Several windows have been added to this open concept layout, further enhancing the openness and flow from the stunning kitchen, to the dining area and into the great room. This kitchen offers upgraded cabinetry and quartz countertops, highlighted by the spacious center island. .. the ideal gathering place for family and friends. Additional home features include: a private master suite with large walk-in closet and separate vanities in the master bath, main floor laundry room and drop zone off the 3-car garage to maximize efficiency and easy living, a broad front porch for enjoying the sunrise, and an elevated deck for enjoying sunsets. PLUS! . .. the thoughtful home placement on this oversized homesite creates an incredibly bright and spacious walkout basement full of potential. The lower-level patio adds a third outdoor living space. Audubon Heights is the most exciting new home community to hit Waterloo in decades. Skogman Homes has expanded on the desirability of Audubon Park in south Waterloo, and 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.
Year
Property tax
Land + Additions
Assessment*
2025
$11,682 (+8.6%)
$63,180 + $444,980
$508,160
2024
$10,760 (+19.7%)
$63,180 + $444,980
$508,160
2023
$8,986 (+2.7%)
$63,180 + $485,590
$548,770
2022
$8,746 (−0.7%)
$63,180 + $485,590
$548,770
2021
$8,806 (+269.1%)
$63,180 + $354,850
$418,030
2020
$2,386 (+13.6%)
$56,160 + $341,200
$397,360
2019
$2,100 (+203.5%)
$56,160 + $341,200
$397,360
2018
$692 (−87.7%)
$56,160 + $341,200
$397,360
2017
$5,630 (+5,644.9%)
$39,780 + $292,700
$332,480
2016
$98
$39,780 + $213,900
$253,680
Tax history for 1515 Falcon Rdg
Year
Property tax
Land + Additions
Assessment*
2025
$11,682 (+8.6%)
$63,180 + $444,980
$508,160
2024
$10,760 (+19.7%)
$63,180 + $444,980
$508,160
2023
$8,986 (+2.7%)
$63,180 + $485,590
$548,770
2022
$8,746 (−0.7%)
$63,180 + $485,590
$548,770
2021
$8,806 (+269.1%)
$63,180 + $354,850
$418,030
2020
$2,386 (+13.6%)
$56,160 + $341,200
$397,360
2019
$2,100 (+203.5%)
$56,160 + $341,200
$397,360
2018
$692 (−87.7%)
$56,160 + $341,200
$397,360
2017
$5,630 (+5,644.9%)
$39,780 + $292,700
$332,480
2016
$98
$39,780 + $213,900
$253,680
*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
5
Baths
3.5
Stories
—
Lot width
90 ft.
Lot depth
160 ft.
Lot size
0.33 Acres
Year renovated
—
Sq. Ft.
3,237
Year built
2015
Style
Single Family Residential
County
Black Hawk County
APN
881308351022
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
Virtual Tour
Bathroom Information
# of Full Bathrooms: 3
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Natural Gas, Forced Air
Interior Features
Interior Features: Granite Counters, Wet Bar
Has Fireplace
# of Fireplaces: 1
Fireplace Features: Gas
Room Information
Has Basement
Basement Details: Walk-Out Access
Exterior
Exterior Features
Patio And Porch Features: Deck
Roof: Asphalt
Building Information
Below Grade Finished Area: 1,380
Construction Materials: Vinyl Siding
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: $5,826
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Location
Schools Information
Elementary School: Orange Elementary
Middle Or Junior School: Hoover Intermediate
High School: West High
Public facts
Beds: 5
Baths: 3.5
Sq. Ft.: 3,237
Stories: —
Lot Size: 0.33 acres
Style: Single Family Residential
Year Built: 2015
Year Renovated: —
County: Black Hawk County
APN: 881308351022
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
$492,000 – $596,000
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