1712 Rainbow Dr Waterloo, IA 50701
Estimated payment $1,290/month
About This Home
FULLY PAID FOR SOLAR PANELS! Enjoy exceptionally affordable living in this well-maintained ranch-style home, built in 1966 and thoughtfully updated with a newer metal roof and owned solar panels—no lease, no payments. Offering approximately 1,514 square feet of finished living space, this home features 3 bedrooms and 1.75 bathrooms with a comfortable, functional layout. Situated on a desirable walk-out lot, the property sits on nearly 1/3 acre and includes a fully fenced backyard—perfect for entertaining, pets, or gardening. The partially finished basement provides additional flexible living space ideal for a family room, home office, or recreation area. A single-stall garage adds convenience, while the generous lot size and private setting offer room to enjoy both indoors and out. This home is a great opportunity for efficient living with space, updates, and long-term savings already built in. *All measurements to be verified by buyers
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,924
Year Built
- Built in 1966
Lot Details
- 0.28 Acre Lot
- Lot Dimensions are 65x187
- Property is zoned R-2
Parking
- 1 Car Garage
Home Design
- 1,514 Sq Ft Home
- Block Foundation
- Asphalt Roof
- Vinyl Siding
Kitchen
- Free-Standing Range
- Built-In Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
Schools
- Fred Becker Elementary School
- Central Middle School
- East High School
Utilities
- Forced Air Heating and Cooling System
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number 891316352024
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 | $3,702 | $196,340 | $26,330 | $170,010 |
| 2024 | $3,702 | $180,890 | $26,330 | $154,560 |
| 2023 | $3,008 | $180,890 | $26,330 | $154,560 |
| 2022 | $2,926 | $145,810 | $26,330 | $119,480 |
| 2021 | $2,692 | $145,810 | $26,330 | $119,480 |
| 2020 | $2,642 | $127,410 | $19,310 | $108,100 |
| 2019 | $2,642 | $127,410 | $19,310 | $108,100 |
| 2018 | $2,646 | $127,410 | $19,310 | $108,100 |
| 2017 | $2,730 | $127,410 | $19,310 | $108,100 |
| 2016 | $2,692 | $127,410 | $19,310 | $108,100 |
| 2015 | $2,692 | $127,410 | $19,310 | $108,100 |
| 2014 | $2,744 | $127,410 | $19,310 | $108,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/11/2026 02/11/26 | Pending | -- | -- | -- |
| 02/10/2026 02/10/26 | For Sale | $185,000 | -- | $122 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $110,000 | None Available | |
| Legal Action Court Order | $95,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $105,973 | Assumption | |
| Previous Owner | $93,433 | VA |
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20260552
APN: 8913-16-352-024
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.