Welcome to this beautiful, one of a kind custom home. This iconic property offers it’s new lucky owner(s) lots of great features. As you enter the main level you will be greeted by a welcoming open floor plan & beautiful vaulted wood ceilings. One of your living spaces shows off large windows and plenty of seating room. In your beautiful updated kitchen are great countertops, and plenty of cabinet space and island. A dining area and two bedrooms including the master suite with its own bathroom are also on the main level. Let’s head upstairs to the famous loft which spoils you with a beautiful fireplace and all of the space you need to make this open area whatever you need it to be. Head down to your finished basement where you will find an additional bedroom and full bath, plenty of storage space and more. Sitting on a large quiet lot, the fenced back yard offers a great place to relax. Schedule your private showing today!
Single-familyProperty Type
1968Year Built
0.33 acresLot Size
$168Est. Price/Sq.Ft.
2 car garageParking
Listed by Travis Ferguson-The Ferguson Team• KW Red Heartland
Bought with Selling Agent Is Not A Member Of The Craar• Cedar Rapids Area Association of REALTORS
Welcome to this beautiful, one of a kind custom home. This iconic property offers it’s new lucky owner(s) lots of great features. As you enter the main level you will be greeted by a welcoming open floor plan and beautiful vaulted wood ceilings. One of your living spaces shows off large windows and plenty of seating room. Head into your beautiful updated kitchen, complete with great countertops, and plenty of cabinet space and island. A dining area and two bedrooms, including the master suite with its own bathroom are also on the main level. Let’s head upstairs to the famous loft which spoils you with a beautiful fireplace and all of the space you need to make this open area whatever you need it to be. Head down to your finished basement where you will find an additional bedroom and full bath, plenty of storage space and more. Sitting on a large quiet lot, the fenced back yard offers a great place to relax. Schedule your private showing today!
Public Records
Nov 1, 2011
Sold
$183,000
$116/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,756 (+5.5%)
$32,760 + $236,590
$269,350
2024
$4,510 (+13.7%)
$32,760 + $236,590
$269,350
2023
$3,966 (+2.8%)
$32,760 + $210,360
$243,120
2022
$3,858 (+5.4%)
$32,760 + $210,360
$243,120
2021
$3,660 (+1.7%)
$32,760 + $156,660
$189,420
2020
$3,598 (−1.0%)
$25,740 + $144,490
$170,230
2019
$3,636 (+1.5%)
$25,740 + $144,490
$170,230
2018
$3,582 (−3.0%)
$25,740 + $144,490
$170,230
2017
$3,694 (+1.3%)
$25,740 + $143,660
$169,400
2016
$3,646 (+5.9%)
$25,740 + $143,660
$169,400
2014
$3,444
$25,740 + $136,090
$161,830
Tax history for 235 Letsch Rd
Year
Property tax
Land + Additions
Assessment*
2025
$4,756 (+5.5%)
$32,760 + $236,590
$269,350
2024
$4,510 (+13.7%)
$32,760 + $236,590
$269,350
2023
$3,966 (+2.8%)
$32,760 + $210,360
$243,120
2022
$3,858 (+5.4%)
$32,760 + $210,360
$243,120
2021
$3,660 (+1.7%)
$32,760 + $156,660
$189,420
2020
$3,598 (−1.0%)
$25,740 + $144,490
$170,230
2019
$3,636 (+1.5%)
$25,740 + $144,490
$170,230
2018
$3,582 (−3.0%)
$25,740 + $144,490
$170,230
2017
$3,694 (+1.3%)
$25,740 + $143,660
$169,400
2016
$3,646 (+5.9%)
$25,740 + $143,660
$169,400
2014
$3,444
$25,740 + $136,090
$161,830
*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
2
Baths
2.5
Stories
—
Lot width
90 ft.
Lot depth
160 ft.
Lot size
0.33 Acres
Year renovated
—
Sq. Ft.
2,038
Year built
1968
Style
Single Family Residential
County
Black Hawk County
APN
891321176026
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 12, 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
Property details
Parking
Parking/Garage Information
Has Garage
Has Attached Garage
# of Garage Spaces: 2
Parking Features: Attached, Garage
Interior
Virtual Tour
Bathroom Information
# of Full Bathrooms: 1
# of Half Bathrooms: 1
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Natural Gas, Forced Air
Interior Features
Appliances: Dishwasher
Has Fireplace
Fireplace Features: Free Standing
Room Information
Has Basement
Basement Details: Full
Exterior
Building Information
Above Grade Finished Area: 1,224
Below Grade Finished Area: 350
Construction Materials: Frame, Wood Siding
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Raw Mls Property Sub Type: Single Family Residence
Lot Information
Lot Size : 0.33
Lot Size Dimensions: 14400
Lot Size Area: 0.33
Lot Size Units: Acres
Lot Size Acres: 0.33
Financial
Tax Information
Tax Annual Amount: $3,856
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Location
Schools Information
Elementary School: Waterloo
Middle Or Junior School: Waterloo
High School: Waterloo
Location Information
Directions: Heading NW on US 218, Take exit 184 for Greenhill Rd, Turn Left on Greenhill Rd, Turn Left onto Rainbow Dr, Turn right onto Letsch Rd, Destination will be on the left
Public facts
Beds: 2
Baths: 2.5
Sq. Ft.: 2,038
Stories: —
Lot Size: 0.33 acres
Style: Single Family Residential
Year Built: 1968
Year Renovated: —
County: Black Hawk County
APN: 891321176026
Home facts updated by county records on Aug 12, 2026
Other
Listing Information
List AOR: CedarRapidsAreaAssociationOfRealtors
Around this home
Schools
Fred Becker Elementary School
Public PreK-5 • Assigned • 0.9mi
5/10
Central Middle School
Public 6-8 • Assigned • 1.1mi
2/10
East High School
Public 9-12 • Assigned • 3.2mi
2/10
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, 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
83
67
81
63
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 hours in
June and 3.9 hours in December, which is comparable to the
U.S. average for solar exposure.
10 hrs
3.9 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$252,000 – $305,000
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