A truly unique opportunity to own a landmark estate in the heart of Waterloo. Set on over two acres in the middle of town, this exceptional property features two homes, anchored by a grand 1906 main residence offering nearly 6,000 square feet of living space. The main home showcases timeless elegance with four bedrooms, a sweeping ballroom, a luxurious formal dining room, and a majestic living room filled with character. Architectural highlights include a spiral staircase, library, French doors, chandeliers, custom drapery, and multiple fireplaces throughout. Designed for both entertaining and retreat, the estate also boasts an indoor swim-spa pool, custom soaking tub, and a private tennis court, blending historic charm with rare amenities seldom found within city limits. The second home, built in 2004, offers 930 square feet of comfortable living space with two bedrooms and one bathroom, providing a perfect guest house, Mother-In-Law suite, or private retreat. This is more than a home—it’s an opportunity to own an irreplaceable piece of Waterloo’s heritage.
For sale
$799,000
514 Columbia Cir, Waterloo, IA 50701
5beds
5,850sqft
Est.:
Single Family Residence
Built in 1906
2.1 Acres Lot
$741,400 Zestimate®
$137/sqft
$-- HOA
What's special
Multiple fireplaces throughoutFrench doorsPrivate tennis courtFour bedroomsCustom draperyTwo bedroomsIndoor swim-spa pool
- 48 days |
- 1,658 |
- 42 |
Zillow last checked: 7 hours ago
Listing updated: March 28, 2026 at 04:01am
Listed by:
Justin Reuter 319-939-5112,
Oakridge Real Estate
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20260603
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 2
- 3/4 bathrooms: 1
- 1/2 bathrooms: 1
Rooms
- Room types: Great Room, Library/Office, Master Bath, Master Bedroom w/ Closet, Study/Den
Other
- Level: Upper
Other
- Level: Main
Other
- Level: Lower
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Refrigerator
Features
- Beamed Ceilings, Ceiling-Specialty, Crown Molding, Pantry
- Doors: French Doors
- Basement: Block
- Has fireplace: Yes
- Fireplace features: Multiple
Interior area
- Total interior livable area: 5,850 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: 2 Stall, Detached Garage
- Carport spaces: 2
Features
- Patio & porch: Deck
- Exterior features: Tennis Court(s)
Lot
- Size: 2.1 Acres
- Dimensions: 240 x 275 x 355
Details
- Additional structures: Pool House
- Parcel number: 891334207007
- Zoning: R-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco
- Roof: Asphalt
Condition
- Year built: 1906
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Smoke Detector(s)
Location
- Region: Waterloo
Financial & listing details
- Price per square foot: $137/sqft
- Tax assessed value: $622,140
- Annual tax amount: $12,262
- Date on market: 2/23/2026
- Cumulative days on market: 62 days
- Total actual rent: 0
- Road surface type: Concrete
Estimated market value
$741,400
$704,000 - $778,000
$1,287/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/23/2026 | Listed for sale | $799,000+131.6%$137/sqft |
Source:  Northeast Iowa Regional BOR as distributed by MLS GRID #20260603 Report a problem | ||
| 10/4/2006 | Sold | $345,000$59/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,041 +7.3% | $622,140 +7.5% |
| 2024 | $11,223 +1.2% | $578,980 |
| 2023 | $11,088 +2.7% | $578,980 +12.7% |
| 2022 | $10,792 -3.1% | $513,720 |
| 2021 | $11,143 +2.4% | $513,720 +2.6% |
| 2020 | $10,881 -0.9% | $500,560 +0.7% |
| 2019 | $10,983 +0.9% | $497,100 |
| 2018 | $10,889 +0% | $497,100 |
| 2017 | $10,888 -1.7% | $497,100 |
| 2016 | $11,080 | $497,100 |
| 2015 | $11,080 +5.4% | $497,100 +4.6% |
| 2014 | $10,508 +0.2% | $475,430 -4.4% |
| 2012 | $10,491 -2.5% | $497,100 |
| 2011 | $10,758 +3.3% | $497,100 -4.3% |
| 2010 | $10,415 +2.8% | $519,210 |
| 2009 | $10,133 +2.2% | $519,210 |
| 2008 | $9,916 +1.7% | $519,210 +7% |
| 2007 | $9,752 +35.4% | $485,240 |
| 2005 | $7,205 +9.2% | $485,240 +65% |
| 2003 | $6,597 +1.7% | $294,150 |
| 2002 | $6,489 +10.7% | $294,150 +18% |
| 2001 | $5,860 | $249,280 |
Find assessor info on the county website
Monthly payment
Est. payment
$5,046/mo
Principal & interest
$4120
Property taxes
$926
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Climate risks
Neighborhood: 50701
Nearby schools
GreatSchools rating
- 5/10Kingsley Elementary SchoolGrades: K-5Distance: 0.1 mi
- 6/10Hoover Middle SchoolGrades: 6-8Distance: 1.2 mi
- 3/10West High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Kingsley Elementary
- Middle: Hoover Intermediate
- High: West Central
Source: Northeast Iowa Regional BOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 50701
- Iowa
- Black Hawk County
- Waterloo
- 50701
- 514 Columbia Cir
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