2127 Laporte Rd, Waterloo, IA 50702 Property Records

Black Hawk County property record for 2127 Laporte Rd, Waterloo, IA 50702

Property Summary

Property TypeHotel/Motel
Details47,036 sqft · built 2008
Lot Size1.45 acres (63,423 sqft)
OwnerCompany Name on Record
Last Sale$2,700,000 (Mar 2016)
Tax Bill$138,984 (2025)
Deeds & MortgagesJan 2022 Line of Credit
Flood ZoneZone X (minimal risk)
APN8813-01-301-019

Property Details

APN / Parcel Number

Primary APN8813-01-301-019

Interior

Units79 Units
Stories4 Stories
Building Area47,036 sqft Gross Area
1st Floor Area12,516 sqft
FlooringCeramic Tile
Interior WallsWallboard/Drywall

Interior Amenities

Fireplaces1 Fireplace
FireplaceFireplace
Fire SprinklersFire Sprinklers
ElevatorElevator

Exterior

Year BuiltBuilt 2008
Effective Year BuiltEffective 2008
Exterior MaterialBrick Veneer
Fire ResistanceWood or Wood & Steel Frame
Roof MaterialUrethane Foam
Lot Area63,423 sqft (1.45 acres)
Shed1 Shed

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemForced Air with A/C

Location & Zoning

Street Address2127 LAPORTE RD
CityWATERLOO
StateIA
Zip50702-2739
Property CategoryCommercial
Property TypeCommercial > Retail > Hotel/Motel
Legal DescriptionMURPHY SUBDIVISION ALL LOT 18 EXC SWLY 12 FT NELY 351 FT LOT 19 EXC SWLY 190 FT NWLY 70 FT NELY 161 FT SELY 15 FT LOT 20 AND
Legal Range13W
Legal Township88N
Legal Section01
Legal SubdivisionMURPHY SUBDIVISION
Legal Lot Number17-20
JurisdictionBLACK HAWK IA
Township / Civil DivisionWATERLOO
Census Block Group2
Census Block2062
Census Tract900

Owner

Source: Black Hawk County records, as of May 27, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address1580 REDWOOD LN SW, ROCHESTER, MN 55902-1688
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleMar 11, 2016 · Amount on Record
Deed SaleMar 11, 2016 · Amount on Record
Deed Document Number201615481
Record UpdatedSep 20, 2026

January 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionBLACK HAWK IA
Property Address2127 LAPORTE RD, WATERLOO, IA 50702-2739
Transaction TypeMortgage
Record UpdatedSep 15, 2022

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number202200014979
DateJan 21, 2022
Instrument202200014979
Lender
NameMANUFACTURERS BANK & TRUST CO
TypeBank
AddressROCHESTER, MN 55901
Agreement
TypeLine of Credit
AmountAmount Recorded

Tax Assessment & Valuation

Source: Black Hawk County assessment roll, as of October 17, 2025

Property Jurisdictions

TypeName
StateIowa
CountyBlack Hawk County
MunicipalityWaterloo City
Unified School DistrictWaterloo Community School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$138,984.00$3,447,360 (+0.15%) Land $491,200 Building $2,956,160$3,447,360 (+0.15%) Land $491,200 Building $2,956,160
2024$138,984.00 (+44.04%)
2023$3,442,310 (+26.25%) Land $491,200 Building $2,951,110$3,442,310 (+26.25%) Land $491,200 Building $2,951,110
2022$96,488.00$2,726,620 Land $491,200 Building $2,235,420
2021$2,726,620 Land $491,200 Building $2,235,420

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

Source: FEMA National Flood Hazard Layer, effective September 27, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone AE, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies7 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemWATERLOO WATER WORKS
serves 69,504 people · EPA ID IA0790074
Water SourceGroundwater
Last State InspectionNov 2023
Lead2 ppb (2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.

Internet Providers

Source: FCC Broadband Data Collection, based on 37 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Waterloo Fiber
Fiber
10,000 / 10,000
Metronet
Fiber
5,120 / 5,120
Mediacom Xtream
Cable
1,000 / 50

May also be available: GigFire, Verizon.

Nearby Properties on Laporte Rd

Nearby Streets

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