502 McShane Ave, Waterloo, IA 50703
Property image
Property image
SOLD
FEB 26, 2026

$148,100

Trulia Estimate
  • 2 Beds
  • 1 Bath
  • 1,583 sqft

502 McShane Ave, Waterloo, IA 50703

Est. Refi. Payment $1,043/mo*
Refinance Your Home
Currently Off Market - Sold Feb 26, 2026 for $145,000

Home Value

Trulia Estimate
$148K
Since last month
Increased$500 (+0.3%)
Since last year
Decreased$14K (-8.7%)
Since last sale
Increased$4K (+2.5%)
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 +50% in the last 10 years
MonthEstimated value
2026
September 2026$149K
August 2026$148K
July 2026$147K
June 2026$146K
May 2026$145K
April 2026$145K
March 2026$145K
February 2026$145K
January 2026$144K
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
555 Helmet Ave, Waterloo, IA
0.10
Single-Family Home
$160,000
05/22/26
3
1
1,032
742 Cloverdale Ave, Waterloo, IA
0.32
Single-Family Home
$155,000
12/12/25
3
1
1,404
245 Normandy St, Waterloo, IA
0.42
Single-Family Home
$140,000
07/06/26
2
1
912
1416 Northey St, Waterloo, IA
0.44
Single-Family Home
$145,000
06/11/26
3
1
1,360
257 Fairfield St, Waterloo, IA
0.49
Single-Family Home
$149,451
06/22/26
3
1
1,143
1204 Longfellow Ave, Waterloo, IA
0.18
Single-Family Home
$148,500
05/29/26
2
1
844
1543 Wakonda Dr, Waterloo, IA
0.56
Single-Family Home
$154,000
04/10/26
3
1
1,481
231 McKay Ave, Waterloo, IA
0.32
Single-Family Home
$175,000
01/12/26
3
2
1,789
1920 Cottonwood Ln, Waterloo, IA
0.46
Single-Family Home
$139,500
12/09/25
2
1
1,328

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
518 McShane Ave, Waterloo, IA 50703
0.02
$156,600
2
1
864
Off Market
537 McShane Ave, Waterloo, IA 50703
0.06
$185,000
2
1
1,509
Off Market
531 Helmet Ave, Waterloo, IA 50703
0.06
$169,000
3
0.5
1,960
Off Market
558 Cloverdale Ave, Waterloo, IA 50703
0.11
$181,700
3
2
1,594
Off Market
1150 W Donald St, Waterloo, IA 50703
0.11
$149,000
3
1
864
Off Market
555 Helmet Ave, Waterloo, IA 50703
0.10
$160,000
3
1
1,032
Recently Sold
Donald Burton, Waterloo, IA 50703
0.07
-
-
-
-
Off Market
2023-2025 Burton Ave, Waterloo, IA 50703
0.10
$113,900
2
2
2,560
Off Market
2007-2009 Burton Ave, Waterloo, IA 50703
0.10
$113,900
2
2
2,560
Off Market
2061 Burton Ave, Waterloo, IA 50703
0.11
$137,900
2
1
840
Off Market
1204 Longfellow Ave, Waterloo, IA 50703
0.18
$148,500
2
1
844
Recently Sold

Local Information

  • Map ViewExplore the area around 502 McShane Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1960
1,583 sqft
$92/sqft
2 Car Garage

About this House

This 1960 home offers 1,538 sq. ft. of living space with 2 bedrooms and 1 updated bathroom. Upon entry, a versatile front flex space works well as a formal dining room or additional living area and features sliding glass doors leading to a private wood deck. The kitchen includes a stainless steel refrigerator and a sleek stainless steel glass electric cooktop. Original hardwood floors run through the bedrooms and living room, where a large picture window fills the space with natural light. The updated bathroom features: a new vanity, mirror, shower surround, toilet, and modern storage cabinetry. A finished basement adds valuable bonus space, ideal for a family room, game room, or potential future third bedroom with the addition of an egress window. Outside, this corner-lot property offers a fully fenced yard with shade, privacy, and a large storage shed. Additional highlights include a two-stall attached garage and Darawf bluetooth smartlocks on both the front and side doors. This home has recently been professionally cleaned and is completely move-in ready!
502 McShane Ave, Waterloo, IA 50703 is a 2 bedroom, 1 bathroom, 1,583 sqft single-family home built in 1960. It last sold for the $145,000 asking price on Feb 26, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $148,100, with a rent estimate of $988/month.
Last check for updates: about 13 hours ago
Listed by Kristina Smith, (319) 215-5312
RE/MAX Concepts - Waverly
Bought with: Amy Schaefer, (319) 433-8766, RE/MAX Concepts - Cedar Falls
Source: Northeast Iowa Regional BOR as distributed by MLS GRID, MLS#20260314

Home Details for 502 McShane Ave

Interior Features

Interior Details
Basement: Block,Concrete,Partially FinishedNumber of Rooms: 3
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 1583 Square Feet
Appliances & Utilities
Appliances: Dryer, Free-Standing Range, Refrigerator, Washer, Gas Water HeaterDryerLaundry: Lower LevelRefrigeratorWasher
Heating & Cooling
Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Attic Fan,Ceiling Fan(s),Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Fireplace: NoneNo Fireplace
Windows, Doors, Floors & Walls
Flooring: Hardwood
Levels, Entrance, & Accessibility
Floors: Hardwood
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: Shingle AsphaltPatio / Porch: DeckFencing: Fenced
Parking & Garage
Number of Carport Spaces: 2Number of Covered Spaces: 2GarageHas an Attached GarageParking Spaces: 2Parking: 2 Stall,Attached Garage
Frontage
Road Surface Type: Crushed Rock, Paved
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (below surface): 575 Square Feet

Days on Market

Cumulative Days on Market: 4

Property Information

Year Built
Year Built: 1960
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Vinyl SidingNo Additional Parcels
Property Information
Parcel Number: 891310482012

Price & Status

Price
List Price: $145,000Price Per Sqft: $92/sqft
Status Change & Dates
Off Market Date: Mon Jan 26 2026

Active Status

MLS Status: Closed

Location

Direction & Address
City: Waterloo
School Information
Elementary School: Lincoln Elementary WaterlooJr High / Middle School: George Washington Carver AcademyHigh School: East High

Lot Information

Lot Area: 8276.4 sqft

Listing Info

Special Conditions: Standard

Miscellaneous

BasementMls Number: 20260314

Price and Tax history

DateEventPrice
Feb 26, 2026
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20260314
Sold
$145,000
Jan 26, 2026
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20260314
Pending
$145,000
Jan 23, 2026
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20260314
Listed For Sale
$145,000
Oct 1, 2019
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20192844
Sold
$107,000
Oct 1, 2019
Source: Agent Provided
PendingToActive
$107,900

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

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Based on information submitted to the MLS GRID as of 2026-09-21 08:37:21 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

Frequently asked questions about 502 McShane Ave

  • What is 502 McShane Ave estimated to be worth?
    Trulia's estimated value for 502 McShane Ave in Waterloo, IA is $148,100.
  • What is the price history for 502 McShane Ave?
    502 McShane Ave in Waterloo, IA last sold for $145,000 in February 2026.
  • 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 502 McShane Ave have air conditioning?
    Yes, 502 McShane Ave in Waterloo, IA has air conditioning.
  • Does 502 McShane Ave have laundry facilities?
    Yes, 502 McShane Ave in Waterloo, IA has in-unit laundry.

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