NOT LISTED FOR SALE

1617 Rainbow Dr Waterloo, IA 50701

Estimated Value: $259,000 - $307,206

4 Beds
2 Baths
2,520 Sq Ft
$109/Sq Ft Est. Value

Last Sold September 12, 2016

Last sale price $160,000 $63 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,878/month

252 Days on Market

Highlights

  • RV or Boat Parking
  • Den
  • Eat-In Kitchen
  • Mud Room
  • Formal Dining Room
  • Garden

About This Home

As of September 2016

Beautiful home with classic hard wood flooring and trim. This property is just under an acre and has been almost completely remodeled throughout. With recent updates to both bathrooms & kitchen this home is spectacular. Formal dining and eat in kitchen with an island are great for entertaining. While the wood fireplace and large living room make for fun family gatherings. Double garage, play set and garden areas for the outdoor folks. With direct access to Rainbow drive and Greenhill road this property also gives you quick access around town.

Last Agent to Sell the Property

Lance Bertram

Huff Land Company License #S6276700 Listed on: 11/16/2015

Last Buyer's Agent

Jennifer Steere

Century 21 Signature Real Estate-Waverly License #S57807000

Century 21 Signature Real Estate-Waverly

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,976

Year Built

  • Built in 1930

Lot Details

  • 0.97 Acre Lot
  • Lot Dimensions are 130 x 325
  • Garden
  • Property is zoned R-2

Home Design

  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,520 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Mud Room
  • Formal Dining Room
  • Den
  • Basement Fills Entire Space Under The House
  • Eat-In Kitchen

Bedrooms and Bathrooms

Parking

  • 2 Car Garage
  • Gravel Driveway
  • RV or Boat Parking

Schools

  • Fred Becker Elementary School
  • Central Middle School
  • East High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 891316353007

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,976

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Total Finished Sq Ft: 2520
  • Total Assessed Value: 184410
  • Below Grade Sq Ft: 1296
  • Class: Residential
  • Dining Facility: Eat-In Kitchen, Formal Dining
  • Flood: C/X - Not In Flood Plain
  • Gross Taxes: 3976
  • House Style: 2 Story
  • Legal Description: Auditor whitney road plat castle hill waterloo ely 130 ft lot 40
  • Lot Dimensions: 130 x 325
  • Number Bedrooms Main: 1
  • Number Bedrooms Upper: 3
  • Parcel Number: 891316353007
  • Reg Irreg: Reg
  • Roof Type: Shingle
  • Type: Single Family
  • Year Built: 1930
  • Legacy Area: WT
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Above Grade Finished Sq Ft: 2520
  • Total Bedrooms: 4
  • Basement: Block, Full-Unfinished
  • Dining Room: On Level: Main Floor
  • Family Room: On Level: Main Floor
  • Fireplace: Wood
  • Interior Amenities: Ceiling Fan/Light
  • Kitchen: On Level: Main Floor
  • Living Room: On Level: Main Floor
  • Main Level Sq Ft: 1560
  • Master Bedroom: On Level: Second Floor
  • Number of Main Level Full Bathrooms: 1
  • Region: Waterloo South 11
  • Sewer Type: City
  • Total Bathrooms: 2
  • Total Full Baths: 2

Exterior Features

  • Exterior: Vinyl
  • Exterior Amenities: Garden Area, Rv Parking
  • Road Frontage: Paved Road Frontage

Garage/Parking

  • Spaces: 2 Stalls
  • Driveway: Gravel
  • Garage Carport: 2 Stall
  • Garage Sq Ft: 576

Utilities

  • Cooling: Ceiling Fan, Central Air
  • Fuel Type: Natural Gas
  • Heat Type: Forced Air
  • Water Type: City

Schools

  • Elementary School: Fred Becker Elementary
  • Middle School: Central
  • High School: East High
  • Elementary School: Fred Becker Elementary
  • Middle Jr High School: Central
  • Senior High School: East High

Lot Info

  • Acres: 0.97
  • Lot Sq Ft: 42250
  • Zoning: R-2
  • Geo Subdivision: IA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2015
Closed on
Sep 12, 2016
Sold by
Reeves Christopher G and Reeves Nicole M
Bought by
Haugo Melissa Rose and Haugo Brady Scott
Seller's Agent
Lance Bertram
Huff Land Company
Buyer's Agent
Jennifer Steere
Century 21 Signature Real Estate-Waverly
List Price
$169,900
Sold Price
$160,000
Premium/Discount to List
-$9,900
-5.83%
Current Estimated Value
$273,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,552
Avg. Annual Appreciation
6.09%

Purchase Details

Closed on
Dec 7, 2010
Sold by
Dietrick Thomas E
Bought by
Reeves Christopher G and Reeves Nicole M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,944
Outstanding Balance
$103,969
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$169,583

Purchase Details

Closed on
Feb 11, 2009
Sold by
Gram Garrold L and Gram Mary Jane
Bought by
Co Deutsche Bank National Trust Co
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Haugo Melissa Rose $160,000 None Available
Reeves Christopher G $160,000 None Available
Co Deutsche Bank National Trust Co $141,705 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reeves Christopher G $155,944
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2016 09/12/16 Sold $160,000 -5.8% $63 / Sq Ft
07/25/2016 07/25/16 Pending -- -- --
11/16/2015 11/16/15 For Sale $169,900 -- $67 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

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
2024 $5,068 $243,840 $44,410 $199,430
2023 $4,340 $243,840 $44,410 $199,430
2022 $4,224 $206,520 $44,410 $162,110
2021 $3,982 $206,520 $44,410 $162,110
2020 $3,914 $184,410 $34,890 $149,520
2019 $3,914 $184,410 $34,890 $149,520
2018 $4,112 $184,410 $34,890 $149,520
2017 $4,040 $184,410 $34,890 $149,520
2016 $3,986 $184,410 $34,890 $149,520
2015 $3,986 $184,410 $34,890 $149,520
2014 $3,880 $176,540 $34,890 $141,650
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20156999

Northeast Iowa Regional Board of REALTORS®

APN: 8913-16-353-007