For sale

$625,000

Est. $3,945/mo —

•

4,017

sq ft

1957 Falcon Rdg, Waterloo, IA 50701

About this home

Come and see this beautifully updated 2 story home with so much to offer. As you enter the home, you are welcomed by a formal dining room and an office/den space. From the dining room, you have French doors that lead to an open kitchen and living room featuring a gas fireplace, eat in nook, butler's pantry and 1/2 bath. Heading to the stunning backyard, you will go through a relaxing enclosed porch to a fully fenced in yard, stone patio, outdoor kitchen, fire pit, irrigation system all fully landscaped. The upper level features 3 spacious bedrooms, including a primary suite with a newly renovated, spa-inspired en suite bath and walk-in closet. Plus, a huge flexible bonus room to do with what you want. The lower level is mostly finished with a bedroom, full bath and family room with kitchenette. You must see in person to appreciate all this home has to offer.

Single-familyProperty Type

2000Year Built

0.43 acresLot Size

$156Price/Sq.Ft.

3 spacesParking

Listed by Robert Hoppes • Structure Real Estate

Listing updated: Aug 21, 2026 at 04:32pm

Redfin checked: 2 minutes ago

•Source:NEIRBR as distributed by MLS GRID #20263614

Payment calculator

$3,945 per month

Principal and interest$3,119

Property taxes

$591

HOA dues

Home insurance

$234

Utilities

Add

5 minutes to get started. No credit impact.

Discover your buying power

Find out if this home is within budget

Down payment assistance

View down payment assistance programs for this home

See this home in person

We'll connect you with a local agent to show you this home, answer your questions, and assist you on your buying journey.

Next available tour time: Today

Open houses

No upcoming open houses.

Nearby open houses (9)

OPEN SUN, 12PM TO 2PM
$285,000
4 beds2 baths1,284 sq ft
1800 E Ridgeway Ave, Waterloo, IA 50702
OPEN SUN, 1PM TO 3PM
$350,000
2 beds2 baths1,578 sq ft
3422 Clearview Dr, Cedar Falls, IA 50613
OPEN SUN, 1PM TO 2PM
$224,900
2 beds4 baths1,652 sq ft
4902 Algonquin Dr #5, Cedar Falls, IA 50613
OPEN SUN, 1PM TO 2PM
$245,000
3 beds1.5 baths1,413 sq ft
2721 Hiawatha Rd, Cedar Falls, IA 50613
OPEN SUN, 1PM TO 3PM
$765,000
6 beds3 baths3,593 sq ft
4828 Ironwood Dr, Cedar Falls, IA 50613
OPEN SUN, 1PM TO 2PMVIDEO TOUR
$649,000
4 beds3 baths2,908 sq ft
5017 Gilbertville Rd, Waterloo, IA 50701
OPEN SUN, 1PM TO 2PM3D WALKTHROUGH
$499,900
3 beds3 baths2,030 sq ft
1337 Partridge Ln, Waterloo, IA 50701
OPEN SUN, 1PM TO 2PM
$164,950
3 beds1 bath1,254 sq ft
316 W 13th St, Cedar Falls, IA 50613
OPEN SUN, 1:30PM TO 2:30PM
$204,900
3 beds1 bath1,432 sq ft
1503 W 7th St, Cedar Falls, IA 50613

Around this home

Schools

K - 12
Preschool & daycare

Orange Elementary School

Public PreK-5 • Assigned • 2.4mi

8/10

Hoover Middle School

Public 6-8 • Assigned • 2.0mi

6/10

West High School

Public 9-12 • Assigned • 2.7mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Offer insights

1957 Falcon Rdg · $625,000

Strong offer

$624K and above

75% chance or better to win

Why $624K+ is a strong offer

DAYS ON MARKET

The average home goes pending in 8 days.

SALE-TO-LIST

Most homes are selling 0% below list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Dining

Interior features
Gas fireplace (1) with gas logs
Water softener (owned)
Sump pump
Partially finished basement

Bathrooms
3 full bathrooms
1 half bathroom

Kitchen
Dishwasher
Disposal
Free-standing range
Gas water heater
Outdoor kitchen (exterior but related amenity included)

Laundry & utility
Laundry on main level
Water softener (owned)
Sump pump

Heating & cooling
Central air conditioning
Forced air heating (natural gas)

Sale and tax history for 1957 Falcon Rdg

Sale History
Tax History

Date

Event

Price

NEIRBR as distributed by MLS GRID #20263614

Aug 4, 2026

Listed

$625,000

$156/sq ft

NEIRBR as distributed by MLS GRID #20250164

Apr 14, 2025

Sold

$575,000

$143/sq ft

Feb 24, 2025

Pending

—

Jan 13, 2025

Price Changed

$589,900

$147/sq ft

Jan 13, 2025

Listed

$599,900

$149/sq ft

+25

Stunning two-story home in a fantastic location! This beautiful home boasts updates and upgrades throughout! Stepping inside, you'll find new flooring flowing seamlessly throughout the main floor. The main level opens up with a formal dining space with french doors entering the living room. The living room features a stone fireplace flanked with built-ins and flows right into the kitchen making entertaining a breeze! The completely updated kitchen boasts beautiful new countertops, stainless appliances, plenty of cabinetry, an eat-in area, and a great butler's pantry with a microwave and wine refrigerator. Just off the eat-in area is an enclosed porch with beautiful views of the backyard and access to the patio and outdoor kitchen. The main floor also includes an additional front living space with expansive windows allowing the natural light to pour in! A fantastic laundry room and drop zone along with a completely redone half bathroom complete the main level. Moving to the second floor, you'll find three spacious bedrooms, including the primary suite with a private en suite. The en suite features a newly renovated bathroom that includes dual vanities, a jetted tub, a tiled shower, and a walk-in closet. You will also find a huge bonus room that makes for the perfect game room, workout room, or additional living space. An additional updated full bathroom completes the second floor. Moving to the lower level, you'll find even more living space with a kitchenette. This great living space features great built-ins and an entertainment center made from the University of Iowa basketball court! A fourth bedroom and storage space finish the lower level. Outside, you'll find amazing outdoor living spaces including the enclosed porch along with a patio with an outdoor kitchen and a firepit. Exterior amenities also include beautiful landscaping with an irrigation system, a private, expansive backyard, and an attached, three-stall garage. This fantastic home is a must-see! Schedule a showing today!

Public Records

Aug 17, 2010

Sold

$315,000

$78/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$6,730 (+8.6%)

$64,130 + $283,520

$347,650

2024

$6,196 (−5.7%)

$64,130 + $283,520

$347,650

2023

$6,574 (+2.8%)

$64,130 + $256,290

$320,420

2022

$6,398 (−3.6%)

$64,130 + $256,290

$320,420

2021

$6,636 (+1.7%)

$64,130 + $244,090

$308,220

2020

$6,526 (−15.0%)

$49,560 + $252,050

$301,610

2019

$7,682 (+0.9%)

$49,560 + $252,070

$301,630

2018

$7,614 (−3.0%)

$49,560 + $252,070

$301,630

2017

$7,848 (+5.4%)

$49,560 + $300,710

$350,270

2016

$7,444 (+6.3%)

$49,560 + $300,710

$350,270

2014

$7,006

$49,560 + $270,380

$319,940

Public record

Public record
Zoning

Beds

Baths

3.5

Stories

—

Lot width

110 ft.

Lot depth

170 ft.

Lot size

0.43 Acres

Year renovated

—

Finished Sq. Ft.

4,088

Unfinished Sq. Ft.

—

Total Sq. Ft.

4,088

Year built

2000

Style

Single Family Residential

County

Black Hawk County

APN

881308301038

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

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)

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 hrs

5.9 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 1957 Falcon Rdg

$614,552

$10K under list price of $625K

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $295K to $625K.

SOLD AUG 6, 2026
$370,000 Last sold price
4 beds2.5 baths2,640 sq ft
1984 Chickadee Ct, Waterloo, IA 50701
$16/sq ft
smaller lot
20 years older
SOLD MAY 1, 2026
$485,000 Last sold price
4 beds3 baths2,528 sq ft
1835 Waxwing Way, Waterloo, IA 50701
$36/sq ft
smaller lot
19 years newer
SOLD OCT 22, 2025
$625,000 Last sold price
5 beds3.5 baths3,069 sq ft
110 Kestrel Cir, Waterloo, IA 50701
$48/sq ft
23 years newer
SOLD JUL 17, 2026
$295,000 Last sold price
2 beds2.5 baths2,131 sq ft
1162 Ridgemont Rd, Waterloo, IA 50701
$18/sq ft
smaller lot
35 years older
SOLD JUL 22, 2026
$318,500 Last sold price
4 beds2.5 baths3,342 sq ft
6205 Kimball Ave, Waterloo, IA 50701
$61/sq ft
86 years older
SOLD JUL 24, 2026
$461,200 Last sold price
4 beds3 baths2,718 sq ft
4817 Yellowstone Dr, Waterloo, IA 50701
$14/sq ft
smaller lot
13 years newer

Rental earnings

Est. $2,113 per month, based on comparable rentals

Tour for free, no strings attached

Instant answers, or connect with a local agent

Start an offer

Nearby similar homes

FOR SALE BY OWNER

$40,000

2 beds1 bath— sq ft

700 W Ridgeway Ave, Cedar Falls, IA 50613

$539,900

5 beds3 baths2,681 sq ft

209 Willow Oak Dr, Hudson, IA 50643

OPEN SUN, 1PM TO 2PM3D WALKTHROUGH

$499,900

3 beds3 baths2,030 sq ft

1337 Partridge Ln, Waterloo, IA 50701

3D WALKTHROUGH

$269,900

3 beds2 baths1,609 sq ft

2724 Barton Ave, Waterloo, IA 50702

$414,900

3 beds2 baths1,414 sq ft

155 Paradise Blvd Blvd, Waterloo, IA 50701

$159,000

3 beds2 baths1,589 sq ft

2211 W 3rd St, Waterloo, IA 50701

New listings for sale in 50701

NEW 18 HRS AGO

$95,000

2 beds1 bath778 sq ft

545 Kirkwood Ave, Waterloo, IA 50701

NEW 29 HRS AGO

$169,900

2 beds1 bath1,074 sq ft

537 Martin Rd, Waterloo, IA 50701

FOR SALE BY OWNER

$269,900

3 beds2 baths1,932 sq ft

1840 Coachman Dr, Waterloo, IA 50701

$419,900

3 beds3.5 baths4,174 sq ft

215 Lillian Ln, Waterloo, IA 50701

$69,900

— beds— baths696 sq ft

704 W 1st St, Waterloo, IA 50701

$284,900

3 beds2.5 baths1,822 sq ft

219 Berkshire Rd, Waterloo, IA 50701

$225,000

3 beds1.5 baths1,264 sq ft

1220 Julian Ave, Waterloo, IA 50701

$479,900

3 beds2.5 baths2,689 sq ft

3813 Trent Ln, Waterloo, IA 50701

$175,000

3 beds1 bath1,618 sq ft

613 Reber Ave, Waterloo, IA 50701

Details provided by NEIRBR as distributed by MLS GRID and may not match the public record. Learn more.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

Church Row Historic homes for sale
Hurst homes for sale
Common Grounds homes for sale
Liberty Park homes for sale
Gates Park homes for sale

50701 homes for sale
50702 homes for sale
50703 homes for sale
50613 homes for sale
50707 homes for sale

Houses for rent in Waterloo	Agents near me	Ankeny, IA homes for sale	Waterloo Housing Market
Houses for sale near me	Des Moines, IA homes for sale	Davenport, IA homes for sale
Land for sale near me	Iowa City, IA homes for sale	Dubuque, IA homes for sale
Open Houses near me	Cedar Rapids, IA homes for sale	Waterloo Property Records
Condos for sale near me	West Des Moines, IA homes for sale	IA New Listings