$125,000
SOLD MAY 28, 2025

1404 Rainbow Dr Waterloo, IA 50701

2 Beds
1 Bath
768 Sq Ft
14,636 Sq Ft Lot

Recently Sold

$163 Per Sq Ft

0 Day on Market

Highlights

  • Valley View
  • Forced Air Heating and Cooling System
  • Ceiling Fan

About This Home

As of May 2025

Great 2 Bedroom 1 Bath Ranch with Stone exterior. Kitchen Stove & Refrigerator Included Plus Washer & Dryer. Currently Rented at $800.00 Mo.

Last Agent to Sell the Property

Jason Strelow

Berkshire Hathaway Home Services One Realty Centre License #B37568 Listed on: 05/05/2025

Berkshire Hathaway Home Services One Realty Centre

Last Buyer's Agent

Kevin Harberts

Berkshire Hathaway Home Services One Realty Centre License #S69510000

Berkshire Hathaway Home Services One Realty Centre

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,862

Year Built

  • Built in 1955

Lot Details

  • 14,640 Sq Ft Lot
  • Lot Dimensions are 80 x 183

Parking

  • No Garage

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Stone Siding

Interior Spaces

  • 768 Sq Ft Home
  • Ceiling Fan
  • Valley Views
  • Fire and Smoke Detector
  • Laundry on main level

Kitchen

  • Free-Standing Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Fred Becker Elementary School
  • Central Intermediate
  • West High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 891321126003

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,862

Year Built

Built in 1955

Lot Details

0.34 Acres

Listing Details

  • Parcel Number: 891321126003
  • Year Built: 1955
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: 1st Floor, Laundry Closet
  • ResoLotFeatures: Valley View
  • Lot Size Acres: 0.336
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: 319-233-7000
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Interior Features: Ceiling Fan/Light
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 768
  • ImprovementRating: Not Updated
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Free-Standing Range, Refrigerator, Gas Water Heater
  • Basement: None
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • BelowGradeArea: 0

Exterior Features

  • Construction Type: Stone

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Fred Becker Elementary
  • High School: West High
  • Middle Or Junior School: Central Intermediate

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 80 x 183
  • Lot Size Sq Ft: 14640
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 1862

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2025
Closed on
May 28, 2025
Sold by
Village Creek Rentals Llc
Bought by
Krh Holdings Lc
Seller's Agent
Jason Strelow
Berkshire Hathaway Home Services One Realty Centre
Buyer's Agent
Kevin Harberts
Berkshire Hathaway Home Services One Realty Centre
List Price
$125,000
Sold Price
$125,000
Views
1
Current Estimated Value
$123,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,655
Avg. Annual Appreciation
-1.61%

Purchase Details

Listed on
Apr 28, 2017
Closed on
May 18, 2017
Sold by
Jads Inversment Llc
Bought by
Village Creck Rentals Llc
Seller's Agent
Jason Strelow
Berkshire Hathaway Home Services One Realty Centre
List Price
$62,500
Sold Price
$62,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.12%
Original Mortgage
$117,600
Interest Rate
3.97%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 24, 2013
Sold by
Lehr K C and Lehr Gail
Bought by
Jads Investments Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $125,000 None Listed On Document
Warranty Deed $62,500 Black Hawk County Abstract
Warranty Deed $62,000 Black Hawk County Abstract &
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $117,600 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2025 05/28/25 Sold $125,000 0.0% $163 / Sq Ft
05/05/2025 05/05/25 Pending -- -- --
05/05/2025 05/05/25 For Sale $125,000 +100.0% $163 / Sq Ft
06/20/2017 06/20/17 Sold $62,500 0.0% $81 / Sq Ft View Prior Sale
04/28/2017 04/28/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $62,500 -- $81 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,022 $101,330 $27,220 $74,110
2024 $2,022 $93,200 $27,220 $65,980
2023 $1,674 $93,200 $27,220 $65,980
2022 $1,630 $76,220 $27,220 $49,000
2021 $1,562 $76,220 $27,220 $49,000
2020 $1,536 $68,950 $21,380 $47,570
2019 $1,536 $68,950 $21,380 $47,570
2018 $1,432 $64,200 $21,380 $42,820
2017 $1,474 $64,200 $21,380 $42,820
2016 $1,456 $64,200 $21,380 $42,820
2015 $1,456 $64,200 $21,380 $42,820
2014 $1,484 $64,200 $21,380 $42,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20251993

Northeast Iowa Regional Board of REALTORS®

APN: 8913-21-126-003

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