NOT LISTED FOR SALE

1617 Rainbow Dr Waterloo, IA 50701

Estimated Value: $262,000 - $293,698

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. 72% increase in value since last sale

Current estimated payment $1,845/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%
Total Days on Market
252
Current Estimated Value
$274,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,425
Avg. Annual Appreciation
6.36%

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
$105,946
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$168,479

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

Similar Homes in Waterloo, IA

  • 247 Lambeth Rd, Waterloo, IA 50701

    $309,900

    • 5 Beds
    • 2.5 Baths
    • 2,334 Sq Ft
    • 247 Lambeth Rd
    • Waterloo, IA

    Spacious two-story home on over a third of an acre! Welcome to this beautifully maintained home nestled on a lush, park-like lot with over a third of an acre to enjoy. From the moment you step inside, you’ll feel right at home with its generous layout and inviting spaces perfect for both everyday living and entertaining. The main floor offers two distinct living areas with updated flooring. A

    Carl Ericson Oakridge Real Estate

    Section Image
  • 719 Progress Ave, Waterloo, IA 50701

    $224,900

    • 4 Beds
    • 2 Baths
    • 2,014 Sq Ft
    • 719 Progress Ave
    • Waterloo, IA

    A home is not just a place to live, but a place to thrive! This gem has so much to offer including Cedar Falls schools! First up, let’s talk about the kitchen. It’s got a tiled floor that mimics the look of wood, giving it that cozy vibe we all love. Cooking (or at least pretending to) in this space is going to feel like a dream. 3 nice sized bedrooms one even has a slider to the deck and the

    Karmen Schwake Oakridge Real Estate

    Section Image
  • 122 Park Ln, Waterloo, IA 50702

    $229,000

    • 3 Beds
    • 2 Baths
    • 1,705 Sq Ft
    • 122 Park Ln
    • Waterloo, IA

    Location, Location, Location! This charming split foyer home checks all the boxes! The main floor offers a bright and spacious living room filled with natural light, a functional kitchen with plenty of cupboard and counter space, and an open dining area with sliding doors leading to the backyard—perfect for entertaining or relaxing outdoors. You'll find three generously sized bedrooms with ample

    Karen Kayser RE/MAX Concepts - Waterloo

    Section Image
  • 4528 Hoff Rd, Waterloo, IA 50701

    $279,500

    • 4 Beds
    • 1.5 Baths
    • 2,038 Sq Ft
    • 4528 Hoff Rd
    • Waterloo, IA

    Welcome to your very own slice of serenity tucked away just off Hoff Road, a perfect family haven! As you pull into the driveway, you’ll appreciate the garage- and let’s talk about that garage—840 square feet of pure potential! Whether you’re a contractor looking for workspace or just need a man cave to unwind, this space has got you covered. Now, let’s head inside. This home is bursting with

    Karmen Schwake Oakridge Real Estate

    Section Image
  • 318 Westbourne Rd, Waterloo, IA 50701

    $235,000

    • 2 Beds
    • 2 Baths
    • 2,018 Sq Ft
    • 318 Westbourne Rd
    • Waterloo, IA

    This corner-lot home stands out with its bright spaces, beautiful updates, and a convenient layout! Step inside to find a sun filled, spacious living room that’s open and inviting, perfect for hosting friends or winding down at the end of the day. The kitchen features beautiful cabinetry, a pantry cabinet for extra storage, stainless steel appliances, and a large island. Opening to the dining

    Paige Peyton Oakridge Real Estate

    Section Image
  • 216 Letsch Rd, Waterloo, IA 50701

    $224,900

    • 4 Beds
    • 2 Baths
    • 1,890 Sq Ft
    • 216 Letsch Rd
    • Waterloo, IA

    Beautiful 4-bedroom, 2-bathroom home featuring an open floor plan perfect for modern living. The spacious kitchen includes stainless steel appliances, updated cabinetry, and a large island ideal for entertaining. A bright, inviting family room offers the perfect place to relax with a gas fireplace. Each bedroom provides comfort and space, with updated bathrooms throughout. Step outside to a fully

    Jo Johnson RE/MAX Concepts - Waterloo

    Section Image
  • 115 Helen Rd, Waterloo, IA 50701

    $219,900

    • 3 Beds
    • 1.5 Baths
    • 1,996 Sq Ft
    • 115 Helen Rd
    • Waterloo, IA

    This inviting 3-bedroom, 1.5-bath ranch home offers a comfortable layout and great features inside and out. The home includes good-sized bedrooms, with the master offering direct access to the full bath for added ease. A bright sunroom addition provides the perfect spot to relax, while the spacious deck and private patio sit within a fully fenced backyard—ideal for entertaining or enjoying some

    Troy Olson Oakridge Real Estate

    Section Image
  • 4013 Midway Dr, Waterloo, IA 50701

    $227,000

    • 3 Beds
    • 1 Bath
    • 1,040 Sq Ft
    • 4013 Midway Dr
    • Waterloo, IA

    This recently remodeled ranch home is in the heart of the Cedar Falls School District! This move-in ready property offers 3 bedrooms, 1 bath, a 2-car garage, and a massive backyard perfect for outdoor living and entertaining. Inside, you'll love the brand new kitchen featuring granite countertops, stainless steel appliances, and modern finishes throughout. Fresh texture and paint, updated

    Emsad Begic Vine Valley Real Estate

    Section Image
  • 4026 Mark Dr, Waterloo, IA 50701

    $249,900

    • 3 Beds
    • 2 Baths
    • 1,593 Sq Ft
    • 4026 Mark Dr
    • Waterloo, IA

    Schedule your private showing today to see this beautiful split foyer home in the Cedar Falls Community School District! With 3 bedrooms and 2 bathrooms this home is surely to impress! The main floor has an eat-in kitchen with stainless-steel appliances, living room, full bathroom, and two nicely-sized bedrooms. The finished lower level boasts a large living space for entertaining, a 3rd spacious

    Justin Reuter Oakridge Real Estate

    Section Image
See All Homes in Waterloo

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Haugo Brady Scott $13,000
Open Reeves Christopher G $155,944
Previous Owner Gram Garrold L $158,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 $4,664 $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

  • L

    Seller's Agent in 2016

    Lance Bertram

    Huff Land Company

  • Jennifer Steere

    Buyer's Agent in 2016

    Jennifer Steere

    Century 21 Signature Real Estate-Waverly

    (319) 231-5845

    133 Total Sales

    Jennifer Steere
    Section Image
See All Agents

Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20156999

Northeast Iowa Regional Board of REALTORS®

APN: 8913-16-353-007

Iowa Black Hawk County Waterloo 50701

1617 Rainbow Dr, Waterloo, IA

This home is located at 1617 Rainbow Dr, Waterloo, IA 50701 since 16 November 2015 and is currently estimated at $274,425, approximately $108 per square foot. This property was built in 1930. 1617 Rainbow Dr is a home located in Black Hawk County with nearby schools including Becker Elementary School, Central Middle School, and East High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northeast Iowa Regional Board of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes