NOT LISTED FOR SALE

1712 Rainbow Dr Waterloo, IA 50701

Waterloo Area

Estimated Value: $198,698

3 Beds
2 Baths
1,514 Sq Ft
$131/Sq Ft Est. Value

Sale Details

Date Sold: March 13, 2026

Last sale price $198,500 $131 Per Sq Ft

Current estimated payment $1,404 / mo

1 Day on Market

About This Home

As of March 2026

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

Last Agent to Sell the Property

Justin Reuter

Oakridge Real Estate License #S661180 Listed on: 02/10/2026

Oakridge Real Estate

Last Buyer's Agent

Chase Lyons

Oakridge Real Estate License #S72786000

Oakridge Real Estate
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,924

Year Built

  • Built in 1966

Lot Details

  • 12,155 Sq Ft 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,924

Year Built

Built in 1966

Lot Details

0.28 Acres

Listing Details

  • Parcel Number: 891316352024
  • Year Built: 1966
  • Fencing: Fenced
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • Lot Size Acres: 0.28
  • Road Surface Type: Concrete
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: 319-277-5005
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 1514
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave Built In, Free-Standing Range, Refrigerator
  • Basement: Block
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 450
  • BelowGradeArea: 1064

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: 1 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-2
  • Lot Dimensions: 65x187
  • Lot Size Sq Ft: 12155
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 3924

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 10, 2026
Closed on
Mar 11, 2026
Sold by
Bought by
Seller's Agent
Justin Reuter
Oakridge Real Estate
Buyer's Agent
Chase Lyons
Oakridge Real Estate
List Price
$185,000
Sold Price
$198,500
Premium/Discount to List
$13,500
7.3%
Views
9
Current Estimated Value
$198,698

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198
Avg. Annual Appreciation
0.26%
Original Mortgage
$192,545
Outstanding Balance
$191,977
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$6,721

Purchase Details

Closed on
Dec 9, 2011
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
$105,973
Interest Rate
3.5%
Mortgage Type
Assumption

Purchase Details

Closed on
Jul 10, 2008
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
$93,433
Interest Rate
6.42%
Mortgage Type
VA
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 Buyer Sale Price Title Company
$198,500 None Listed On Document
$110,000 None Available
$95,000 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 Borrower Loan Amount
Open $192,545
Previous Owner $66,000
Previous Owner $86,000
Previous Owner $105,973
Previous Owner $93,433
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
03/13/2026 03/13/26 Sold $198,500 +7.3% $131 / Sq Ft
02/11/2026 02/11/26 Pending -- -- --
02/10/2026 02/10/26 For Sale $185,000 -- $122 / 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 $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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20260552

Northeast Iowa Regional Board of REALTORS®

APN: 8913-16-352-024

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