215 E Donald St, Waterloo, IA 50703 Property Records

Black Hawk County property record for 215 E Donald St, Waterloo, IA 50703

Property Summary

Property Type	Fast Food Restaurant
Details	3,081 sqft · built 2020
Lot Size	1.05 acres (45,738 sqft)
Owner	Company Name on Record
Last Sale	$900,000 (Aug 2024)
Tax Bill	$49,804 (2025)
Deeds & Mortgages	Aug 2023 Sale & Line of Credit Apr 2021 Sale & Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`8913-12-351-032`

Property Details

APN / Parcel Number

Primary APN	`8913-12-351-032`

Interior

Stories	1 Story
Building Area	3,081 sqft Gross Area
1st Floor Area	3,081 sqft
Flooring	Ceramic Tile
Interior Walls	Wallboard/Drywall

Exterior

Year Built	Built 2020
Effective Year Built	Effective 2020
Exterior Material	EIFS / Synthetic Stucco
Construction Type	Wood
Fire Resistance	Wood or Wood & Steel Frame
Roof Material	Urethane Foam
Lot Area	45,738 sqft (1.05 acres)

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	Forced Air with A/C

Location & Zoning

Street Address	215 E DONALD ST
City	WATERLOO
State	IA
Zip	50703-1503
Property Category	Commercial
Property Type	Commercial > Retail > Fast Food Restaurant
Legal Description	NORTH CROSSING 2ND ADDITION LOT 2
Legal Range	13W
Legal Township	89N
Legal Section	12
Legal Subdivision	NORTH CROSSING 2ND ADDITION
Legal Lot Number	2
Jurisdiction	BLACK HAWK IA
Township / Civil Division	WATERLOO
Census Block Group	2
Census Block	2005
Census Tract	1702

Owner

Source: Black Hawk County records, as of September 1, 2026

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

Owner of Record	Company Name on Record
Mailing Address	401 MAIN ST, 218, CEDAR FALLS, IA 50613-2800
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Date	Document
Aug 31, 2023	Warranty Deed, Transfer · Line of Credit LINCOLN SAVINGS BANK
Apr 15, 2021	Special Warranty Deed, Transfer · Stand-Alone First Mortgage BAY VANGUARD BANK
Mar 10, 2020	Warranty Deed, Transfer · Commercial Mortgage INDEPENDENT BANK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Aug 31, 2024 · Amount on Record
Deed Sale	Aug 31, 2024 · Amount on Record
Prior Sale	Aug 31, 2023 · Amount on Record
Deed Document Number	20243143
Prior Transfer Date	Dec 26, 2023
Prior Transfer Doc	0000008679
Record Updated	Oct 29, 2026

August 2023: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	BLACK HAWK IA
Recording Date	Aug 31, 2023
Property Address	215 E DONALD ST, WATERLOO, IA 50703-1503
Document Number	202400003143
Instrument Date	Aug 17, 2023
Instrument	202400003143
Transaction Type	Transfer
Record Updated	Sep 20, 2023

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$1,439.20
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	401 MAIN ST STE 218, 218, CEDAR FALLS, IA 50613-2800

Mortgage

Document Number	202400003144
Date	Aug 31, 2023
Instrument	202400003144

Lender

Name	LINCOLN SAVINGS BANK
Type	Bank

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	240 Months
Due	Aug 30, 2043

April 2021: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	BLACK HAWK IA
Recording Date	Apr 15, 2021
Property Address	215 E DONALD ST, WATERLOO, IA 50703-1503
Document Number	202100021717
Map Reference	FILE 2020-00010479
Instrument Date	Apr 14, 2021
Instrument	202100021717
Transaction Type	Transfer
Record Updated	Nov 17, 2022
Title Company	CHICAGO TITLE NCS

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$3,964.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	1000 FOREST PARK BLVD STE 401, 1000, FORT WORTH, TX 76110-1182

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	614 S ASHLEY ST, ANN ARBOR, MI 48103-4908

Mortgage

Document Number	202100021718
Date	Apr 15, 2021
Instrument	202100021718

Lender

Name	BAY VANGUARD BANK
Type	Bank

Agreement

Type	Stand-Alone First Mortgage
Amount	Amount Recorded
Term	84 Months
Due	Apr 14, 2028

March 2020: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	BLACK HAWK IA
Recording Date	Mar 10, 2020
Property Address	215 E DONALD ST, WATERLOO, IA 50703-1503
Document Number	202000015531
Instrument Date	Mar 5, 2020
Instrument	202000015531
Transaction Type	Transfer
Record Updated	Nov 17, 2022

Transaction

Amount	Amount Recorded
Tax	$621.60
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	201 MAIN ST STE 600, 600, FORT WORTH, TX 76102-3110

Mortgage

Document Number	202000015592
Date	Mar 10, 2020
Instrument	202000015592

Lender

Name	INDEPENDENT BANK
Type	Bank

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

Tax Assessment & Valuation

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

Property Jurisdictions

Type	Name
State	Iowa
County	Black Hawk County
Municipality	Waterloo City
Unified School District	Waterloo Community School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$49,804.00 (+0.16%)	$1,217,520 (-) Land $410,000 Building $807,520	$1,217,520 (-) Land $410,000 Building $807,520
2024	$49,722.00 (+46.08%)
2023		$1,217,520 (+21.75%) Land $410,000 Building $807,520	$1,217,520 (+21.75%) Land $410,000 Building $807,520
2022	$34,038.00	$1,000,000 Land $205,000 Building $795,000
2021			$1,000,000 Land $205,000 Building $795,000

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 Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Claims	1 (2010)
Claims Outside the SFHA	1 of 1
Most Recent Claim	Jul 2010 · Severe Storms, Flooding, And Tornadoes

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 Risk	Low lower than 94% of the US · lower than 65% of Iowa
Wildfire Likelihood	0.01% annual chance
Exposure	Direct burnable vegetation

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 System	WATERLOO WATER WORKS serves 69,504 people · EPA ID IA0790074
Water Source	Groundwater
Last State Inspection	Nov 2023
Lead	2 ppb (2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None 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 226 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet Fiber	5,120 / 5,120
Mediacom Xtream Cable · Fiber in parts of the area	1,000 / 50
Verizon Fixed Wireless	300 / 20
CenturyLink DSL · Fiber in parts of the area	140 / 20
AT&T Fixed Wireless	100 / 20

May also be available: GigFire, Nextlink, T-Mobile.

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