501 Cornwall Ave, Waterloo, IA 50702 Property Records

Black Hawk County property record for 501 Cornwall Ave, Waterloo, IA 50702

Property Summary

Property Type	Single Family Home
Details	4 bd · 2 ba · 1,709 sqft · built 1940
Lot Size	0.267 acres (11,650 sqft)
Owner	Individual Name on File
Last Sale	$136,000 (May 2017)
Tax Bill	$3,598 (2025)
Deeds & Mortgages	Dec 2023 Line of Credit Jun 2022 Mortgage + 3 more
Flood Zone	Zone X (minimal risk)
APN	`8913-35-326-021`

Property Details

APN / Parcel Number

Primary APN	`8913-35-326-021`

Interior

Bedrooms	4 Beds
Full Baths	2 Baths
Total Rooms	8 Rooms
Stories	1 Story
Building Area	1,709 sqft Living Area
1st Floor Area	670 sqft
Attic	Attic
Attic Area	369 sqft
Basement Area	670 sqft
Unfinished Basement	670 sqft
Game Room	Game Room
Flooring	Carpet
Interior Walls	Plaster
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1940
Effective Year Built	Effective 1940
Exterior Material	Vinyl
Construction Type	Frame
Foundation Type	Block
Roof Type	Gable
Roof Material	Asphalt
Lot Area	11,650 sqft (0.267 acres)
Lot Dimensions	233 ft deep x 50 ft wide
Garage Type	Attached
Garage Area	240 sqft
Parking Spaces	1 Parking Space

Exterior Amenities

Porch	Porch
Porch Area	100 sqft
Deck Area	298 sqft
Patio Area	24 sqft
Shed	1 Shed

Utilities, Heating & Cooling

Cooling System	Central
Heating System	HVAC

Location & Zoning

Street Address	501 CORNWALL AVE
City	WATERLOO
State	IA
Zip	50702-3819
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	AUDITOR SEARS PLAT NO 1 LOT 31
Legal Range	13W
Legal Township	89N
Legal Section	35
Legal Subdivision	AUDITOR SEARS PLAT NO 1
Legal Lot Number	31
Jurisdiction	BLACK HAWK IA
Township / Civil Division	WATERLOO
Census Block Group	1
Census Block	1006
Census Tract	1200

Owner

501 Cornwall Ave is owned and occupied by an individual who bought it in May 2017.

Source: Black Hawk County records, as of October 9, 2026

Owner of Record	Individual Name on File
Mailing Address	501 CORNWALL AVE, WATERLOO, IA 50702-3819
Occupancy	Owner Occupied
Owner Type	Individual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Dec 20, 2023	Deed of Trust, Mortgage · Line of Credit COLLINS COMMUNITY CU
Jun 15, 2022	Deed of Trust, Mortgage · Conventional Mortgage COLLINS COMMUNITY CU
May 4, 2017	Deed of Trust, Mortgage · ARM COLLINS COMMUNITY CU
Jun 28, 2022	Certificate of Transfer, Transfer
May 4, 2017	Warranty Deed, Transfer · Stand-Alone First Mortgage COLLINS COMMUNITY CU

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	May 4, 2017 · Amount on File
Deed Sale	May 4, 2017 · Amount on File
Prior Sale	Oct 13, 2015 · Amount on File
Deed Document Number	201719266
Record Updated	Oct 29, 2026

December 2023: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BLACK HAWK IA
Property Address	501 CORNWALL AVE, WATERLOO, IA 50702-3819
Transaction Type	Mortgage
Record Updated	Jan 8, 2024

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	202400008017
Date	Dec 20, 2023
Instrument	202400008017

Lender

Name	COLLINS COMMUNITY CU
Type	Credit Union
Address	1005 BLAIRS FERRY RD NE, CEDAR RAPIDS, IA 52402

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	60 Months
Due	Dec 20, 2028

Interest

Change Frequency	Monthly

June 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BLACK HAWK IA
Property Address	501 CORNWALL AVE, WATERLOO, IA 50702-3819
Transaction Type	Mortgage
Record Updated	Jul 8, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	202200024306
Date	Jun 15, 2022
Instrument	202200024306

Lender

Name	COLLINS COMMUNITY CU
Type	Credit Union
Address	CEDAR RAPIDS, IA 52402

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	Jul 1, 2052

May 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BLACK HAWK IA
Property Address	501 CORNWALL AVE, WATERLOO, IA 50702-3819
Transaction Type	Mortgage
Record Updated	Jul 8, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	201700019267
Date	May 4, 2017
Instrument	2017-00019267

Lender

Name	COLLINS COMMUNITY CU
Type	Credit Union
Address	CEDAR RAPIDS, IA 52402

Agreement

Type	ARM
Amount	Amount on Record
Term	361 Months
Due	Jun 1, 2047

Interest

Rate Type	Adjustable Rate
Rate	4%
Adjustable	Adjustable Rate Rider
Type Change Date	Jun 1, 2024
Change Frequency	Annually
Min Rate At Change	4%
Max Rate At Change	6%
Index	1-Year CMT

June 2022: Certificate of Transfer, Transfer

Document Type	Certificate of Transfer
Jurisdiction	BLACK HAWK IA
Recording Date	Jun 28, 2022
Property Address	501 CORNWALL AVE, WATERLOO, IA 50702-3819
Document Number	202200025217
Instrument Date	May 24, 2022
Instrument	202200025217
Transaction Type	Transfer
Record Updated	Jul 8, 2022

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	501 CORNWALL AVE, WASHBURN, IA 50702-3819

May 2017: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	BLACK HAWK IA
Recording Date	May 4, 2017
Property Address	501 CORNWALL AVE, WATERLOO, IA 50702-3819
Document Number	201700019266
Instrument Date	Apr 29, 2017
Instrument	2017-00019266
Transaction Type	Transfer
Record Updated	Jul 8, 2022

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$216.80
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	501 CORNWALL AVE, WATERLOO, IA 50702-3819

Mortgage

Document Number	201700019268
Date	May 4, 2017
Instrument	2017-00019268

Lender

Name	COLLINS COMMUNITY CU
Type	Credit Union
Address	CEDAR RAPIDS, IA 52402

Agreement

Type	Stand-Alone First Mortgage
Amount	Amount on Record
Term	121 Months
Due	Jun 1, 2027

Tax Assessment & Valuation

The 2025 property tax bill for 501 Cornwall Ave was $3,598 with a homeowner's exemption, down 7.5% from the year before.

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	$3,598.00 (-7.51%) Homeowner's exemption	$187,160 Land $19,950 Building $167,210	$187,160 Land $19,950 Building $167,210
2024	$3,890.00
2023		$189,540 (+36.51%) Land $19,950 Building $169,590	$189,540 Land $19,950 Building $169,590
2022	$2,854.00 Homeowner's exemption	$138,850 Land $19,950 Building $118,900
2021			$138,850 Land $19,950 Building $118,900

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

Flood

FEMA maps place 501 Cornwall Ave in Zone X, an area of minimal flood risk, though there have been 14 flood claims nearby since 1979.

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 Policies	1 in force
Nearby Flood Claims	14 (1979–2018)
Claims Outside the SFHA	3 of 14
Most Recent Claim	Oct 2018 · rainfall accumulation

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

Wildfire risk around 501 Cornwall Ave is low, with less than a 0.01% annual chance of wildfire.

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

Wildfire Risk	Low lower than 99.1% of the US · lower than 91% of Iowa
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond 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 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 399 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Waterloo Fiber Fiber	10,000 / 10,000
Metronet Fiber	5,120 / 5,120
Mediacom Xtream Cable · Fiber in parts of the area	1,000 / 50
GigFire Fixed Wireless	150 / 130

May also be available: AT&T, Nextlink, Verizon.

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