Google street view image for 616 Rhey St, Waterloo, IA 50703

Off market

$101,434

•

1 ba

•

1,332

sq ft

616 Rhey St, Waterloo, IA 50703

About this home

616 Rhey St is a 1,332 square foot house on a 0.46 acre lot with 3 bedrooms and 1 bathroom. Based on Redfin's Waterloo data, we estimate the home's value is $101,434.

Single-familyProperty Type

1922Year Built

0.46 acresLot Size

$76Est. Price/Sq.Ft.

Source:Public Records

Redfin Estimate

$101,434

$0 since October

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 16.1% lower than the average sale price ($121K) of 6 comparable homes.

SOLD SEP 28, 2026
$120,000
A
3 beds1 bath1,298 sq ft
1216 Independence Ave, Waterloo, IA 50703
SOLD AUG 31, 2026
$135,000
B
3 beds1 bath1,378 sq ft
1527 Bertch Ave, Waterloo, IA 50702
SOLD AUG 20, 2026
$37,507
C
3 beds1 bath1,365 sq ft
1765 Independence Ave, Waterloo, IA 50707
SOLD AUG 28, 2026
$148,000
D
3 beds1 bath1,445 sq ft
921 Leavitt St, Waterloo, IA 50702
SOLD MAR 31, 2026
$90,000
E
3 beds1 bath944 sq ft
215 Lamont St, Waterloo, IA 50703
SOLD JAN 16, 2026
$195,000
F
3 beds1 bath1,456 sq ft
818 Steely St, Waterloo, IA 50703

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Earn from this home

Rent

$808/mo

Redfin rental estimate

List your home for rent

Market trends in 50703, IA

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

96.1%

0.6% MoM

Median sale price

$120K

$10K MoM

Avg. days on market

15d

2 days MoM

Recently sold homes

3 MoM

New listings for sale

NEW 12 HRS AGO
$85,000
1 bed1 bath592 sq ft
301 Bryant Ave, Waterloo, IA 50703
FOR SALE BY OWNER
$110,000
3 beds2 baths812 sq ft
610 Keystone St, Waterloo, IA 50703
$98,000
2 beds1 bath780 sq ft
1128 Longfellow Ave, Waterloo, IA 50703
See all

Provided by Redfin

Sale history for 616 Rhey St

As the MLS and public records start to fill up, we'll list the details here.

Year

Property tax

Land + Additions

Assessment*

2026

$1,492 (+7.5%)

$11,170 + $76,550

$87,720

2025

$1,388 (+8.9%)

$11,170 + $76,550

$87,720

2024

$1,274 (+3.6%)

$11,170 + $72,850

$84,020

2023

$1,230 (+2.8%)

$11,170 + $63,070

$74,240

2022

$1,196 (+0.7%)

$11,170 + $63,070

$74,240

2021

$1,188 (+2.2%)

$11,170 + $53,740

$64,910

2020

$1,162 (−1.5%)

$7,280 + $53,740

$61,020

2019

$1,180 (+1.2%)

$7,280 + $53,700

$60,980

2018

$1,166 (−3.2%)

$7,280 + $53,700

$60,980

2017

$1,204 (−13.0%)

$7,280 + $53,700

$60,980

2016

$1,384 (+29.1%)

$7,280 + $53,700

$60,980

2014

$1,072

$7,280 + $49,220

$56,500

Tax history for 616 Rhey St

Year

Property tax

Land + Additions

Assessment*

2026

$1,492 (+7.5%)

$11,170 + $76,550

$87,720

2025

$1,388 (+8.9%)

$11,170 + $76,550

$87,720

2024

$1,274 (+3.6%)

$11,170 + $72,850

$84,020

2023

$1,230 (+2.8%)

$11,170 + $63,070

$74,240

2022

$1,196 (+0.7%)

$11,170 + $63,070

$74,240

2021

$1,188 (+2.2%)

$11,170 + $53,740

$64,910

2020

$1,162 (−1.5%)

$7,280 + $53,740

$61,020

2019

$1,180 (+1.2%)

$7,280 + $53,700

$60,980

2018

$1,166 (−3.2%)

$7,280 + $53,700

$60,980

2017

$1,204 (−13.0%)

$7,280 + $53,700

$60,980

2016

$1,384 (+29.1%)

$7,280 + $53,700

$60,980

2014

$1,072

$7,280 + $49,220

$56,500

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning

C-1

Neighborhood Commercial District

The C-1 Neighborhood Commercial District is intended to provide for areas of the community which are suitable for a commercial development and are adjacent to Residence Districts and in which such commercial uses are permitted as are normally required for the daily local retail business needs of the residents of the locality only. 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, and shall not restrict outside display areas when such display areas display items that can be legally sold by a commercial business on the property and when the display area does not exceed an area equal to the area occupied by the buildings on a property.

Permitted uses

Include but are not limited to:

Gas station
Convenience store
Day care facility
Laundromat
General retail
Retail-Grocery
Housing-Single unit
Housing-Multiple units
Housing-Senior
Office

Property details

Interior

Basement Information
Basement Sq. Ft: 708
Basement Type: Full

Bathroom Information
# of Full Baths: 1
# of Bathroom Fixtures: 3

Room Information
# of Rooms: 6

Exterior

Exterior Information
Foundation Type: Concrete Block
Roof Covering Type: Asphalt
Roof Shape Type: Hip
Building Type: Single Family

Property Information
Subdivision Name: COWINS ADD
Living Sq. Ft: 1,332
Building Sq. Ft: 2,040
Legal Description: COWINS ADDITION LOTS 1,2,3 AND 4 AND W 10 FT LOT 5 ALL IN BLK 1 LYING SLY OF A LINE BEG AT PT 27 FT S OF NW COR LOT 1 THAT WOULD INTER- SECT WITH PT 65 FT S OF NE COR LOT 5

Parking & Garage Information
Parking Type: Detached Frame Garage
Garage/Parking Sq. Ft: 864
Garage / Carport Type: Detached Frame

Lot Information
# of Buildings: 1
Land Sq. Ft: 20,255
Legal Lot Number: 5
Legal Block Number: 1
Municipality Name: WATERLOO
Acres: 0.465
Depth Footage: 210
Front Footage: 113
County Use Description: SINGLE-FAMILY / OWNER OCCUPIED

Financial

Assessor Information
Assessment Year: 2026

Public facts

Beds: 3
Baths: 1.0
Sq. Ft.: 1,332
Stories: —
Lot Size: 0.46 acres
Style: Single Family Residential
Year Built: 1922
Year Renovated: —
County: Black Hawk County
APN: 891325228008

Home facts updated by county records on Oct 14, 2026

Around this home

Schools

K - 12
Preschool & daycare

Highland Elementary School

Public PreK-5 • Assigned • 0.7mi

5/10

George Washington Carver Academy

Public 6-8 • Assigned • 2.0mi

2/10

East High School

Public 9-12 • Assigned • 0.6mi

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, 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 • 50703

Average low and high temperatures (°F)

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

$97,000 – $117,000

Sell confidently with a local market expert in Waterloo. 3 minutes to get started.

Nearby similar homes

$47,400

Land— sq ft

801 Gilbert St, Waterloo, IA 50707

Mature trees • Established bushes

$249,900

3 beds2.5 baths2,132 sq ft

404 Allen St, Waterloo, IA 50701

Open concept dining • Main-floor laundry • 5,000 sq ft lot

$109,000

3 beds2 baths2,152 sq ft

803 Randolph St, Waterloo, IA 50702

Covered front porch • Fenced backyard • Unfinished basement

FOR SALE BY OWNER

$146,000

3 beds1 bath803 sq ft

1926 Easton Ave, Waterloo, IA 50702

New roof • Blown-in insulation • Finished lower level

$79,999

3 beds1 bath1,248 sq ft

317 Ricker St, Waterloo, IA 50703

4,760 sq ft lot • Built 1904 • Listed 18 days

$95,000

2 beds1 bath936 sq ft

2401 Idaho St, Waterloo, IA 50707

Corner lot • Pantry • Unfinished basement

New listings for sale in 50703

NEW 12 HRS AGO

$85,000

1 bed1 bath592 sq ft

301 Bryant Ave, Waterloo, IA 50703

Porch mudroom • Laundry area • Open concept layout

FOR SALE BY OWNER

$110,000

3 beds2 baths812 sq ft

610 Keystone St, Waterloo, IA 50703

Roof done 2022 • Shower in basement • Built 1955

$98,000

2 beds1 bath780 sq ft

1128 Longfellow Ave, Waterloo, IA 50703

Extra-large yard • Apple tree • Newer roof

Home values near 616 Rhey St

Data from public records.

Address	Redfin Estimate
520 Rhey Street, Waterloo, IA 3 Beds \| 1 Baths \| 1224 Sq. Ft.	$65,674
609 Rhey Street, Waterloo, IA 2 Beds \| 2 Baths \| 1128 Sq. Ft.	$55,892
603 Rhey Street, Waterloo, IA 3 Beds \| 2 Baths \| 1154 Sq. Ft.	$65,120
631 Linden Avenue, Waterloo, IA 1 Beds \| 1 Baths \| 977 Sq. Ft.	$44,470
622 Independence Avenue, Waterloo, IA 4 Beds \| 1 Baths \| 1290 Sq. Ft.	$53,852
717 Linden Avenue, Waterloo, IA 2 Beds \| 1 Baths \| 732 Sq. Ft.	$66,045
625 Independence Avenue, Waterloo, IA 3 Beds \| 1 Baths \| 1464 Sq. Ft.	$83,228

Address	Redfin Estimate
518 Rhey Street, Waterloo, IA 4 Beds \| 2 Baths \| 1336 Sq. Ft.	$88,686
605 Rhey Street, Waterloo, IA 3 Beds \| 1.5 Baths \| 1148 Sq. Ft.	$62,564
604 Rhey Street, Waterloo, IA 4 Beds \| 1 Baths \| 1518 Sq. Ft.	$42,780
618 Independence Avenue, Waterloo, IA 3 Beds \| 1 Baths \| 1378 Sq. Ft.	$75,103
624 Independence Avenue, Waterloo, IA 4 Beds \| 1 Baths \| 1820 Sq. Ft.	$69,375
637 Independence Avenue, Waterloo, IA 3 Beds \| 2.5 Baths \| 1232 Sq. Ft.	$67,163
612 Independence Avenue, Waterloo, IA 4 Beds \| 2.5 Baths \| 2100 Sq. Ft.	$61,963

Address	Redfin Estimate
516 Rhey Street, Waterloo, IA 2 Beds \| 1 Baths \| 996 Sq. Ft.	$60,732
617 Rhey Street, Waterloo, IA 4 Beds \| 2 Baths \| 1520 Sq. Ft.	$68,518
612 Rhey Street, Waterloo, IA 4 Beds \| 4 Baths \| 2046 Sq. Ft.	$124,904
615 Courtland Street, Waterloo, IA 3 Beds \| 1 Baths \| 1316 Sq. Ft.	$37,568
713 Linden Avenue, Waterloo, IA 2 Beds \| 1 Baths \| 860 Sq. Ft.	$73,079
630 Independence Avenue, Waterloo, IA 3 Beds \| 1 Baths \| 1867 Sq. Ft.	$80,757
617 Courtland Street, Waterloo, IA 3 Beds \| 1 Baths \| 1248 Sq. Ft.	$63,245

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 50703, IA

Sale history for 616 Rhey St

Tax history for 616 Rhey St

Zoning

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 50703

Home values near 616 Rhey St

More real estate resources