1823 Rainbow Dr Waterloo, IA 50701
Estimated payment $1,329/month
Total Views
1,561
3
Beds
2
Baths
1,198
Sq Ft
$164
Price per Sq Ft
About This Home
Welcome to this inviting home featuring 3 bedrooms and 2 bathrooms. The main level offers an open floor plan that flows seamlessly from the kitchen to the living room—perfect for everyday living and entertaining. Two bedrooms and an updated full bathroom complete the main floor. The finished basement expands your living space with a spacious bedroom—often ideal as a primary suite—featuring a walk-in closet and a beautifully updated full bathroom. A second family room adds even more versatility for guests, hobbies, or a home office. Outside, you’ll appreciate the impressive 768-square-foot oversized 3 stall garage that’s both heated and cooled with a concrete floor—perfect for a workshop, hobby space, or extra storage. This property blends comfort, modern updates, and functionality both inside and out—schedule your showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,134
Year Built
- Built in 1952
Lot Details
- 8,978 Sq Ft Lot
- Lot Dimensions are 67x134
Parking
- Workshop in Garage
Home Design
- 1,198 Sq Ft Home
- Shingle Roof
- Asphalt Roof
- Vinyl Siding
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Schools
- Fred Becker Elementary School
- Central Middle School
- East High School
Additional Features
- Outbuilding
- Forced Air Heating and Cooling System
- Partially Finished Basement
Listing and Financial Details
- Assessor Parcel Number 891317478003
Map
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Home Values in the Area
Average Home Value in this Area
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 | $2,678 | $144,450 | $24,870 | $119,580 |
| 2023 | $2,614 | $144,450 | $24,870 | $119,580 |
| 2022 | $2,468 | $119,050 | $24,870 | $94,180 |
| 2021 | $2,112 | $115,470 | $24,870 | $90,600 |
| 2020 | $2,074 | $101,870 | $19,900 | $81,970 |
| 2019 | $2,074 | $101,870 | $19,900 | $81,970 |
| 2018 | $2,076 | $101,870 | $19,900 | $81,970 |
| 2017 | $2,144 | $101,870 | $19,900 | $81,970 |
| 2016 | $2,114 | $101,870 | $19,900 | $81,970 |
| 2015 | $2,114 | $101,870 | $19,900 | $81,970 |
| 2014 | $2,154 | $101,870 | $19,900 | $81,970 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/22/2025 08/22/25 | For Sale | $196,000 | -- | $164 / Sq Ft |
Source: Northeast Iowa Regional Board of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $134,000 | Black Hawk Cnty Abstract Co | |
| Warranty Deed | $126,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $127,300 | New Conventional | |
| Previous Owner | $123,717 | FHA | |
| Previous Owner | $118,742 | FHA | |
| Previous Owner | $43,000 | Credit Line Revolving | |
| Previous Owner | $33,367 | Unknown | |
| Previous Owner | $10,000 | Credit Line Revolving |
Source: Public Records
Similar Homes in Waterloo, IA
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20254094
APN: 8913-17-478-003
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