$230,000
SOLD JUN 18, 2026

1434 Rainbow Dr Waterloo, IA 50701

Waterloo Area
5 Beds
2 Baths
2,290 Sq Ft
0.86 Acre Lot

Sale Details

Date Sold: June 18, 2026

$100 Per Sq Ft

2% Below List Price

80 Days on Market

Highlights

  • Lake View
  • Deck
  • Wooded Lot
  • Bluff on Lot
  • Multiple Fireplaces
  • Forced Air Heating and Cooling System

About This Home

As of June 2026

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.

Last Agent to Sell the Property

Lance Bertram

Fischels Residential Group License #B6276700 Listed on: 02/17/2026

Fischels Residential Group

Last Buyer's Agent

Carissa Holton

EXP Realty, LLC License #S6485100

EXP Realty, LLC

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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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
  • 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,337

Year Built

Built in 1952

Lot Details

0.86 Acres

Listing Details

  • Parcel Number: 891316377003
  • Year Built: 1952
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Lower Level
  • ResoLotFeatures: Bluff, Hillside, Lake View, Views, Water View, Wooded
  • Lot Size Acres: 0.86
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: 319-234-5000
  • MLS Status: Closed
  • Reso Fireplace Features: Multiple
  • Reso Interior Features: Ceiling-Cove, Ceiling Fan(s)
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 2290
  • ImprovementRating: Updated
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Appliances Negotiable, Sump Pump, Gas Water Heater
  • Basement: Block
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 1000
  • Flooring: Hardwood
  • BelowGradeArea: 1290

Exterior Features

  • Construction Type: Vinyl Siding
  • Other Structures: Storage
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: 2 Stall

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Fred Becker Elementary
  • High School: East High
  • Middle Or Junior School: Central

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 167 x 224
  • Lot Size Sq Ft: 37408
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 4337

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2026
Closed on
Jun 17, 2026
Sold by
Bought by
Seller's Agent
Lance Bertram
Fischels Residential Group
Buyer's Agent
Carissa Holton
EXP Realty, LLC
List Price
$234,900
Sold Price
$230,000
Premium/Discount to List
-$4,900
-2.09%
Views
274

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.17%
Original Mortgage
$184,000
Outstanding Balance
$184,000
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$51,304

Purchase Details

Closed on
Nov 1, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,120
Interest Rate
5.89%
Mortgage Type
New Conventional
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Fiduciary Deed $230,000 Title Services
Warranty Deed $133,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $184,000 New Conventional
Previous Owner $35,000 Credit Line Revolving
Previous Owner $136,000 New Conventional
Previous Owner $30,000 New Conventional
Previous Owner $114,500 FHA
Previous Owner $30,299 Credit Line Revolving
Previous Owner $85,120 New Conventional
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/18/2026 06/18/26 Sold $230,000 -2.1% $100 / Sq Ft
05/08/2026 05/08/26 Pending -- -- --
04/21/2026 04/21/26 For Sale $234,900 0.0% $103 / Sq Ft
04/21/2026 04/21/26 Price Changed $234,900 -7.8% $103 / Sq Ft
04/12/2026 04/12/26 Pending -- -- --
04/10/2026 04/10/26 Price Changed $254,900 -1.9% $111 / 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
Source: Northeast Iowa Regional Board of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20260663

Northeast Iowa Regional Board of REALTORS®

APN: 8913-16-377-003

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