Updated 3-Bedroom Iowa Home With Oversized Garage Drops to $109,999
A century-old home in Waterloo, Iowa, has received a sizeable price reduction, bringing its current asking price down to $109,999.
Located at 103 Summit Avenue, the one-and-a-half-story residence was built in 1907 and offers approximately 1,130 square feet of living space.
The home includes three bedrooms and one full bathroom and sits on a roughly 3,920-square-foot city lot.
It originally entered the market on August 26, 2026, for $119,900 before receiving a $9,901 reduction on September 15.
At the new $109,999 asking price, the property works out to approximately $97 per square foot.
Inside, the home combines early-1900s character with several more recent updates.
Hardwood flooring remains in portions of the interior, while the kitchen has been updated with newer countertops and appliances that the seller says are less than two years old.
The current appliance package includes a dishwasher, refrigerator, free-standing range, washer and dryer.
The upper level has also received improvements, including new windows and new flooring.
With three bedrooms, the floor plan could accommodate a household while still allowing one room to function as a guest room, office or hobby space.
Two enclosed porches add another interesting element to the property.
The enclosed front porch creates a sheltered sitting area at the entrance, while the second enclosed porch provides additional flexible space at the rear of the house.
Below the main living areas is lower-level space that can provide storage and additional possibilities for the next owner.
Laundry is located on the lower level.
Several important mechanical components have also been addressed.
According to the listing, the furnace, central air-conditioning system and water heater were recently checked and are currently in good working order.
A new sewer line has also been installed behind the house.
Natural-gas forced-air heat and central air conditioning provide year-round climate control.
Outside, one of the property’s biggest practical advantages is the detached garage.
The garage measures approximately 528 square feet and provides space for two vehicles, along with potential room for tools, lawn equipment or storage.
A garage-door opener is already installed.
The home is connected to public water and public sewer and carries no homeowners association dues.
Current annual property taxes are approximately $1,904.
The property’s recent history is also noteworthy.
The home last sold for $65,000 in November 2022.
Before that transaction, it had been marketed at $69,900 before dropping to $65,000.
Now back on the market several years later, the house is asking $109,999.
For buyers looking for a newer home, the 1907 construction date may require careful inspection.
But those interested in an affordable property with character may appreciate the combination of hardwood floors, updated kitchen, enclosed porches, central air and substantial garage space.
With three bedrooms, 1,130 square feet and an asking price now below $110,000, 103 Summit Avenue offers an updated Waterloo home with several practical improvements already completed.
Listed on Zillow