1434 Rainbow Dr Waterloo, IA 50701
Estimated payment $1,750/month
Highlights
- Lake View
- Deck
- Wooded Lot
- Bluff on Lot
- Multiple Fireplaces
- Forced Air Heating and Cooling System
About This Home
Welcome to 1434 Rainbow Drive in Waterloo! This spacious 5-bedroom, 2-bath home offers a wonderful blend of comfort, updates, and location. Fresh paint throughout gives the home a clean, modern feel, while two fireplaces provide warmth and character in multiple living spaces. Enjoy peaceful views of the forest and pond right from your backyard, with a walking trail just steps away. Conveniently located off Greenhill Road with excellent access to shopping, schools, and major routes, including the new Waterloo school currently under development just minutes away. With many recent updates and a setting that’s hard to beat, this home is ready for its next chapter.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,337
Year Built
- Built in 1952
Lot Details
- 37,408 Sq Ft Lot
- Lot Dimensions are 167 x 224
- Bluff on Lot
- Hillside Location
- Wooded Lot
Parking
- 2 Car Garage
Home Design
- Block Foundation
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2,290 Sq Ft Home
- Ceiling Fan
- Multiple Fireplaces
- Lake Views
- Partially Finished Basement
- Sump Pump
- Fire and Smoke Detector
- Laundry on lower level
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Deck
Schools
- Fred Becker Elementary School
- Central Middle School
- East High School
Utilities
- Forced Air Heating and Cooling System
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 891316377003
Map
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 | $4,336 | $255,020 | $49,540 | $205,480 |
| 2024 | $4,336 | $232,270 | $49,540 | $182,730 |
| 2023 | $4,120 | $232,270 | $49,540 | $182,730 |
| 2022 | $4,010 | $199,900 | $49,540 | $150,360 |
| 2021 | $3,918 | $199,900 | $49,540 | $150,360 |
| 2020 | $3,850 | $184,900 | $38,920 | $145,980 |
| 2019 | $3,850 | $184,900 | $38,920 | $145,980 |
| 2018 | $3,290 | $170,310 | $38,920 | $131,390 |
| 2017 | $3,394 | $159,570 | $38,920 | $120,650 |
| 2016 | $3,346 | $159,570 | $38,920 | $120,650 |
| 2015 | $3,346 | $159,570 | $38,920 | $120,650 |
| 2014 | $3,412 | $159,570 | $38,920 | $120,650 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/18/2026 03/18/26 | Price Changed | $259,900 | -3.7% | $113 / Sq Ft |
| 03/10/2026 03/10/26 | Price Changed | $269,900 | -3.6% | $118 / Sq Ft |
| 03/02/2026 03/02/26 | Price Changed | $279,900 | -3.4% | $122 / Sq Ft |
| 02/17/2026 02/17/26 | For Sale | $289,900 | -- | $127 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $133,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $85,120 | New Conventional |
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20260663
APN: 8913-16-377-003
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Ask me questions while you tour the home.