3938 Memory Ln is a 1,248 square foot house on a 0.6 acre lot with 3 bedrooms and 2 bathrooms. Based on Redfin's Waterloo data, we estimate the home's value is $239,912.
Single-familyProperty Type
2005Year Built
0.6 acresLot Size
$192Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$239,912
$2,000 since August
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 10.1% lower than the average sale price ($267K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$4,008 (+8.7%)
$32,920 + $194,520
$227,440
2024
$3,688 (+4.9%)
$32,920 + $194,520
$227,440
2023
$3,516 (+2.7%)
$32,920 + $162,100
$195,020
2022
$3,422 (+1.3%)
$32,920 + $162,100
$195,020
2021
$3,378 (+1.7%)
$32,920 + $136,060
$168,980
2020
$3,320 (−1.0%)
$31,770 + $125,980
$157,750
2019
$3,354 (+1.0%)
$31,770 + $125,980
$157,750
2018
$3,322 (−3.1%)
$31,770 + $125,980
$157,750
2017
$3,428 (+1.4%)
$31,770 + $125,980
$157,750
2016
$3,382 (+0.9%)
$31,770 + $125,980
$157,750
2014
$3,352
$31,770 + $125,980
$157,750
Tax history for 3938 Memory Ln
Year
Property tax
Land + Additions
Assessment*
2025
$4,008 (+8.7%)
$32,920 + $194,520
$227,440
2024
$3,688 (+4.9%)
$32,920 + $194,520
$227,440
2023
$3,516 (+2.7%)
$32,920 + $162,100
$195,020
2022
$3,422 (+1.3%)
$32,920 + $162,100
$195,020
2021
$3,378 (+1.7%)
$32,920 + $136,060
$168,980
2020
$3,320 (−1.0%)
$31,770 + $125,980
$157,750
2019
$3,354 (+1.0%)
$31,770 + $125,980
$157,750
2018
$3,322 (−3.1%)
$31,770 + $125,980
$157,750
2017
$3,428 (+1.4%)
$31,770 + $125,980
$157,750
2016
$3,382 (+0.9%)
$31,770 + $125,980
$157,750
2014
$3,352
$31,770 + $125,980
$157,750
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R-4,R-P
Multiple Residence-Planned Residence District
Multiple Residence: The R-4 District is intended to provide for areas of the community which are suitable for low, medium and high density residential uses and professional offices 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.; Planned Residence District: The R-P District is intended and designed to provide a means for the development of tracts of land on a unit basis, allowing greater flexibility and diversification of land uses and building locations than the conventional single lot method. It is the intent of this Section that the basic principles of good land use planning be maintained and that sound zoning standards as set forth in this Ordinance concerning population density, adequate light and air, recreation and open space and building be preserved.
Permitted uses
Include but are not limited to:
Community / recreation center
Day care facility
Hospital / medical center
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Office
Medical office
Property details
Interior
Basement Information
Basement Sq. Ft: 1,248
Basement Type: Full
Bathroom Information
# of Full Baths: 2
# of Bathroom Fixtures: 6
Room Information
# of Rooms: 5
Exterior
Exterior Information
Exterior Wall: Vinyl
Roof Covering Type: Metal
Roof Shape Type: Gable
Building Type: Single Family
Property Information
Subdivision Name: CEDAR HILLS SECOND ADD
Living Sq. Ft: 1,248
Building Sq. Ft: 2,980
Legal Description: CEDAR HILLS SECOND ADDITION A REPLAT OF TRACTS A & B LOT 1
Parking & Garage Information
Parking Type: Attached Frame Garage
Garage/Parking Sq. Ft: 484
Garage / Carport Type: Attached Frame
Lot Information
# of Buildings: 1
Land Sq. Ft: 26,105
Legal Lot Number: 1
Municipality Name: WATERLOO
Acres: 0.5993
Depth Footage: 230
Front Footage: 150
County Use Description: SINGLE-FAMILY / OWNER OCCUPIED
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,248
Stories: —
Lot Size: 0.6 acres
Style: Single Family Residential
Year Built: 2005
Year Renovated: —
County: Black Hawk County
APN: 881218376031
Home facts updated by county records on Aug 12, 2026
Around this home
Schools
Orange Elementary School
Public PreK-5 • Assigned • 3.4mi
8/10
Hoover Middle School
Public 6-8 • Assigned • 4.4mi
6/10
West High School
Public 9-12 • Assigned • 4.3mi
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, 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 • 50702
Average low and high temperatures (°F)
27
10
34
17
55
32
62
42
74
51
83
63
84
67
81
62
80
57
69
46
48
32
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
$228,000 – $276,000
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