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

131 Letsch Rd
Waterloo, IA 50701

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

$247,000

Trulia Estimate
as of Aug 11, 2026

$247,000

Trulia Estimate
as of Aug 11, 2026
4 Beds
2 Baths
1,491 sqft
(on 0.38 acres)

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

Property Type
Single-Family Home
Year Built
1951
Lot Size
0.38 acres
Living Area
1,491 sqft
Price/Sqft
$166
Parking
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. It is currently off market. The Trulia Estimate is $247,000, with a rent estimate of $1,822/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 History for 131 Letsch Rd

DatePriceEventSource
06/19/2020$180,000Sold
Northeast Iowa Regional BOR as distributed by MLS GRID #20202088
05/05/2020$174,900PendingAgent Provided
05/04/2020$174,900Listed For SaleAgent Provided
01/15/2013$148,000Sold
N/A
04/09/2007$133,000Sold
N/A

Market trends in Waterloo

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$187K
$10.67KMoM
Sale-to-List Price
99.2%
1.3%MoM
Price per sq ft
$126
$4MoM
Available listings
237
16MoM
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Property Tax and Assessment

Year2025
Tax$4,276
Assessment$228,530
Home facts updated by county records

Comparable Sales for 131 Letsch Rd

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
1918 Castle St, Waterloo, IA
0.41
Single-Family Home
$160,000
09/29/25
3
1.5
1,642
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 homes

Get a sense of prices in the area by checking nearby homes.
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  • 140 Faber Rd, Waterloo, IA 50701
    OFF MARKET
    Est. $202,800
    3 bd
    2 ba
    1,600 sqft
    140 Faber Rd,
    Waterloo, IA 50701
    Sara Wegmann, Oakridge Real Estate, Northeast Iowa Regional BOR as distributed by MLS GRID
  • 1404 Rainbow Dr, Waterloo, IA 50701
    OFF MARKET
    Est. $128,600
    2 bd
    1 ba
    768 sqft
    1404 Rainbow Dr,
    Waterloo, IA 50701
    Jason Strelow, Berkshire Hathaway Home Services One Realty Centre, Northeast Iowa Regional BOR as distributed by MLS GRID
  • 1434 Rainbow Dr, Waterloo, IA 50701
    SOLD
    JUN 18, 2026
    $230,000
    5 bd
    2 ba
    2,290 sqft
    1434 Rainbow Dr,
    Waterloo, IA 50701
    Lance Bertram, Fischels Residential Group, Northeast Iowa Regional BOR as distributed by MLS GRID
  • 170 Letsch Rd, Waterloo, IA 50701
    OFF MARKET
    Est. $171,200
    3 bd
    1 ba
    1,056 sqft
    170 Letsch Rd,
    Waterloo, IA 50701
    Rachel Cheeney, Pro Resource Realty, Northeast Iowa Regional BOR as distributed by MLS GRID
  • 136 Valley Rd, Waterloo, IA 50701
    OFF MARKET
    Est. $250,600
    4 bd
    2 ba
    2,020 sqft
    136 Valley Rd,
    Waterloo, IA 50701
    Michael Taylor, Lockard Realty Company, Northeast Iowa Regional BOR as distributed by MLS GRID
  • 107 Brayden Ln, Waterloo, IA 50701
    OFF MARKET
    Est. $308,300
    2 bd
    2 ba
    1,554 sqft
    107 Brayden Ln,
    Waterloo, IA 50701
    Gerald Sorensen, RE/MAX Concepts - Cedar Falls, Northeast Iowa Regional BOR as distributed by MLS GRID
  • 1625 Pleasant Valley Dr, Waterloo, IA 50701
    OFF MARKET
    Est. $328,100
    4 bd
    3 ba
    2,278 sqft
    1625 Pleasant Valley Dr,
    Waterloo, IA 50701
    Karen Kayser,Crb,Crs,Gri, RE/MAX Concepts - Cedar Falls, Northeast Iowa Regional BOR as distributed by MLS GRID
  • 1341 Pleasant Valley Dr, Waterloo, IA 50701
    OFF MARKET
    Est. $219,400
    3 bd
    1 ba
    1,956 sqft
    1341 Pleasant Valley Dr,
    Waterloo, IA 50701
    Emily A Schut, Berkshire Hathaway Home Services One Realty Centre, Northeast Iowa Regional BOR as distributed by MLS GRID
  • 168 Valley Rd, Waterloo, IA 50701
    OFF MARKET
    Est. $270,600
    3 bd
    2 ba
    1,826 sqft
    168 Valley Rd,
    Waterloo, IA 50701
    Carter M Christensen, Oakridge Real Estate, Northeast Iowa Regional BOR as distributed by MLS GRID
  • 216 Letsch Rd, Waterloo, IA 50701
    OFF MARKET
    Est. $243,800
    4 bd
    2 ba
    1,890 sqft
    216 Letsch Rd,
    Waterloo, IA 50701
    Jo A Johnson, RE/MAX Concepts - Cedar Falls, Northeast Iowa Regional BOR as distributed by MLS GRID
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Assigned Schools

These are the assigned schools for 131 Letsch Rd.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

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. "
    1
    Flag
  • Tali S.
    "Very quiet neighborhood other than the occasional car driving by & faint sound of trains. Great neighbors, mostly homeowners with kids & elderly."
    0
    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

Apartments for Rent

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Explore by feature - Pet Friendly

83 pet-friendly rentals in Waterloo, IA

Explore by feature - Garage

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Explore by feature - Outdoor Space

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Homes for sale near 131 Letsch Rd

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Off Market Homes Near 131 Letsch Rd

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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 $247,000.
  • 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 seller's market, based on recent for-sale activity.
  • What's the median sale price in Waterloo?
    The median sale price in Waterloo is $187K. That is up $10.67K 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).