131 Letsch Rd, Waterloo, IA 50701
Property image
Property image
OFF MARKET

$243,700

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 1,491 sqft (on 0.38 acres)

131 Letsch Rd, Waterloo, IA 50701

Est. Refi. Payment $1,716/mo*
Refinance Your Home
Currently Off Market - Sold Jun 19, 2020 for $180,000

Home Value

Trulia Estimate
$244K
Since last month
Decreased$3K (-1.1%)
Since last year
$100 (0%)
Since last sale
Increased$63K (+34.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +65% in the last 10 years
MonthEstimated value
2026
October 2026$243K
September 2026$243K
August 2026$246K
July 2026$245K
June 2026$249K
May 2026$249K
April 2026$244K
March 2026$240K
February 2026$240K
January 2026$239K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1712 Rainbow Dr, Waterloo, IA
0.26
Single-Family Home
$198,500
03/13/26
3
2
1,514
1817 Rainbow Dr, Waterloo, IA
0.35
Single-Family Home
$224,900
12/22/25
4
2
1,512
1434 Rainbow Dr, Waterloo, IA
0.08
Single-Family Home
$230,000
06/18/26
5
2
2,290
206 S Hackett Rd, Waterloo, IA
0.29
Single-Family Home
$218,000
08/07/26
3
2
1,950
131 Niagara Dr, Waterloo, IA
0.43
Single-Family Home
$216,000
05/18/26
3
2
1,596
1535 Maxine Ave, Waterloo, IA
0.40
Single-Family Home
$279,900
09/02/26
3
2
1,748
320 Valley Rd, Waterloo, IA
0.32
Single-Family Home
$230,500
04/23/26
4
2
2,246
1823 Rainbow Dr, Waterloo, IA
0.37
Single-Family Home
$190,000
10/15/25
3
2
1,198
205 S Hackett Rd, Waterloo, IA
0.25
Single-Family Home
$172,400
12/10/25
3
1
1,120
412 Hughes Dr, Waterloo, IA
0.36
Single-Family Home
$192,500
03/09/26
4
1
1,581

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
141 Letsch Rd, Waterloo, IA 50701
0.02
$224,400
3
2
1,454
Off Market
121 Letsch Rd, Waterloo, IA 50701
0.02
$153,800
3
2
988
Off Market
1429 Rainbow Dr, Waterloo, IA 50701
0.03
$165,400
3
2
996
Off Market
149 Letsch Rd, Waterloo, IA 50701
0.03
$194,400
3
2
1,572
Off Market
1421 Rainbow Dr, Waterloo, IA 50701
0.03
$204,800
3
2
1,200
Off Market
122 Faber Rd, Waterloo, IA 50701
0.03
$234,500
5
1
2,352
Off Market
1439 Rainbow Dr, Waterloo, IA 50701
0.04
$214,000
3
1
1,720
Off Market
155 Letsch Rd, Waterloo, IA 50701
0.04
$219,600
3
1.5
2,200
Off Market
128 Faber Rd, Waterloo, IA 50701
0.04
-
4
2
1,464
Off Market
128 Faber Rd, Waterloo, IA 50701
0.04
$193,600
4
2
964
Off Market
1413 Rainbow Dr, Waterloo, IA 50701
0.05
$244,600
3
2
1,750
Off Market
1405 Rainbow Dr, Waterloo, IA 50701
0.05
$208,300
3
1
1,301
Off Market
144 Letsch Rd, Waterloo, IA 50701
0.06
$139,400
2
1
908
Off Market
161 Letsch Rd, Waterloo, IA 50701
0.06
$198,900
3
3
1,796
Off Market
120 Letsch Rd, Waterloo, IA 50701
0.06
$242,000
4
1
1,705
Off Market
140 Faber Rd, Waterloo, IA 50701
0.06
$199,600
3
2
1,600
Off Market
158 Letsch Rd, Waterloo, IA 50701
0.07
$173,100
3
1
992
Off Market
167 Letsch Rd, Waterloo, IA 50701
0.07
$146,700
3
2
1,004
Off Market
125 Faber Rd, Waterloo, IA 50701
0.07
-
4
2
1,940
Off Market
166 Letsch Rd, Waterloo, IA 50701
0.08
$182,900
2
1
1,208
Off Market

Local Information

  • Map ViewExplore the area around 131 Letsch Rd.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1951
0.38 acre lot
1,491 sqft
$163/sqft
Garage

About this House

Imagine Yourself Living In This Immaculate, Updated 4 Bedroom, 2 Bathroom Ranch Home Situated On A Quiet Street With Bike Trails Just Around The Corner And Beautiful Trees All Around. As You Walk Through The Front Door You Will Be Greeted With A Spacious Living Room Featuring Hardwood Flooring And Large Windows That Flood This Beautiful Home With Natural Light. Make Your Way Into A Newly Updated Kitchen With Beautiful Backsplash, Stainless Steel Appliances And Quality Oak Cabinetry. The Dining Area Offers Extra Natural Light And Plenty Of Space For Large Family Gatherings. All 4 Bedrooms And 2 Bathrooms Are Situated On The Main Level, With Laundry In The Spacious Unfinished Basement With Plenty Of Potential To Finish It Into A Walkout Basement For Additional Family Space. As You Enjoy All Of The 1491 Finished Sq. Feet On Main Level Of This Lovely Home, The Outside Fenced In Yard And Concrete Patio Is Perfect For Entertaining And Will Make Staying Home A Joyful Breeze. An Oversized 2 Stall Detached Garage Is Just An Added Bonus! You Do Not Want To Miss This One, See It Today!
131 Letsch Rd, Waterloo, IA 50701 is a 4 bedroom, 2 bathroom, 1,491 sqft single-family home built in 1951. It last sold for $180,000 on Jun 19, 2020. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $243,700, with a rent estimate of $1,775/month.

Home Details for 131 Letsch Rd

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1Floors: Hardwood
Interior Details
Number of Rooms: 5Types of Rooms: Dining Room
Appliances & Utilities
Dishwasher

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: VinylFoundation Type: Concrete BlockPatio
Parking & Garage
GarageParking Spaces: 2Parking: Carport, Garage Detached

Property Information

Year Built
Year Built: 1951
Property Type / Style
Property Type: Single Family HomeArchitecture: A-frame

Lot Information

Lot Area: 0.38 acres

Price and Tax history

DateEventPrice
Jun 19, 2020
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20202088
Sold
$180,000
May 5, 2020
Source: Agent Provided
Pending
$174,900
May 4, 2020
Source: Agent Provided
Listed For Sale
$174,900
Jan 15, 2013
Source: N/A
Sold
$148,000
Apr 9, 2007
Source: N/A
Sold
$133,000

Market trends in Waterloo

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$188K
$6KMoM
Sale-to-List Price
99.0%
0.1%MoM
Price per sq ft
$122
$3MoM
Available listings
257
15MoM

Around this home

What Locals Say about Waterloo

At least 264 Trulia users voted on each feature.

  • 89 % Say car is needed

  • 83 % Say yards are well-kept

  • 80 % Say parking is easy

  • 77 % Say it's dog friendly

  • 70 % Say there's holiday spirit

  • 66 % Say kids play outside

  • 64 % Say there are sidewalks

  • 48 % Say it's quiet

  • 47 % Say neighbors are friendly

  • 47 % Say people would walk alone at night

  • 44 % Say streets are well-lit

  • 42 % Say there's wildlife

  • 42 % Say they plan to stay for at least 5 years

  • 33 % Say it's walkable to grocery stores

  • 29 % Say it's walkable to restaurants

  • 20 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Misslindsayb
    "Centrally located, traffic can be heavy/frustrating. You can make good time if you hit the stoplights just right, which is hard to do most days. "
    0
    Flag
  • Susanward13
    "Consider this a safe neighborhood and there are lots of kids living here. A policeman lives on the street."
    0
    Flag
  • Jovanti Rucker
    "It is very busy most of the time the light are a headache. They’re a lot of lights to go through to get to where I need to go."
    0
    Flag
  • Dontreal3
    "It’s ok. It’s not the worst but it’s also not the best. "
    0
    Flag
  • Trulia User
    "Peacefully quiet neighborhood. neighbors keep to themselves mostly. Alot of dogs throughout the whole area, which is nice to know, it's a pet friendly area to live in. "
    4
    Flag
  • Trulia User
    "I’ve lived here for years mostly everybody that lives in the neighborhood is really nice & friendly but I live with my dad & trying to find my own apartment right now. "
    4
    Flag
  • Susan.wirtjes
    "This is a safe and friendly neighborhood. Kids play outside. We are close to good schools. Shopping is close by. "
    8
    Flag
  • Dominique K. .
    " The community is really good if you get into people like that. There is not a lot to do around here unless you have money. There are a lot of trains around. People have dogs around here a lot and I hear gunshots a lot. I grew up here so I don’t find it very exciting. Most people got to work come home and stay away from each other. "
    2
    Flag
  • Tali S.
    "Very quiet neighborhood other than the occasional car driving by & faint sound of trains. Great neighbors, mostly homeowners with kids & elderly."
    1
    Flag
  • Lache S.
    "... I don’t know I been here only a year and aside from the bad I seen few good most people stay to they self "
    0
    Flag
  • Holly W.
    "schools are over crowded and children are often let slip through the cracks in the education system here "
    1
    Flag
  • Charles A.
    "15 minutes to work. Waterloo is easy to get around and not a lot of traffic .... zzzz xxdrc then. Gyyhbb"
    1
    Flag
  • Lamont S.
    "Lots of retirees here now. Mixed bag for the rest. I had seen several first time owners buying in. Plenty of remodeling and renovations going on now too."
    4
    Flag
  • Trulia User
    "it has some nice people, with sketchy people mixed in. it's too loud with harleys speeding hard through here and people thumping music too loud at all hours. I would not recommend this neighborhood to a young professional person. "
    0
    Flag
  • Kimmy21920
    "Convenient location and traffic is not as congested as the big city. Used to be a great place, but not so much anymore."
    1
    Flag
  • Mkesterson79
    "Listening to gun shots and train whistles at night to fall asleep to. Creates a uniquely unpleasant experience. "
    0
    Flag
  • Trulia User
    "Would love a dog park close by, or even respectful owners who pick up after their dog when they walk them"
    6
    Flag
  • Chris Wright
    "I lived in neighborhood for ten years as a kid, I always love the area, would love to own a house in that again, hope in very near future."
    1
    Flag
  • Mary Sue Adams
    "Safe streets, quality neighbors,clean, near a park,rural feeling- plenty of room between everyone. Lots of family and open spaces, but still near shopping and eats."
    3
    Flag
  • Kathy Cox White Dickerson
    "I moved to this neighborhood last summer and love it. I feel safe and secure,and neighbors are very nice."
    0
    Flag
  • Aley S.
    "Is a small neighborhood and quite and seems like a very lovely place to have a family and there are a lot of kid in the neighborhood "
    2
    Flag
  • Aschot12
    "It's better than north Waterloo for crime and lots of shade trees. It's nice to be near to 4th street for convenience even with traffic noise. "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 131 Letsch Rd

  • What is 131 Letsch Rd estimated to be worth?
    Trulia's estimated value for 131 Letsch Rd in Waterloo, IA is $243,700.
  • What is the price history for 131 Letsch Rd?
    131 Letsch Rd in Waterloo, IA last sold for $180,000 in June 2020.
  • Is Waterloo a buyer's or seller's market?
    Waterloo is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Waterloo?
    The median sale price in Waterloo is $188K. That is down $6K from the prior month.
  • Does 131 Letsch Rd have air conditioning?
    Yes, 131 Letsch Rd in Waterloo, IA has air conditioning.
  • How big is the lot at 131 Letsch Rd?
    The lot at 131 Letsch Rd in Waterloo, IA is about 0.38 acres (16,553 sq ft).

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Off Market Homes Near 131 Letsch Rd

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