NOT LISTED FOR SALE

1823 Rainbow Dr Waterloo, IA 50701

Waterloo Area

Estimated Value: $181,000 - $192,000

3 Beds
2 Baths
1,198 Sq Ft
$158/Sq Ft Est. Value

Sale Details

Date Sold: October 15, 2025

Last sale price $190,000 $159 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,280 / mo

18 Days on Market

About This Home

As of October 2025

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!

Last Agent to Sell the Property

Bethany Benner

Oakridge Real Estate License #S67248 Listed on: 08/22/2025

Oakridge Real Estate

Last Buyer's Agent

Josh Hansen

Structure Real Estate License #S70374000

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,134

Year Built

Built in 1952

Lot Details

8,978 Sq Ft Lot

Listing Details

  • Parcel Number: 891317478003
  • Year Built: 1952
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • Lot Size Acres: 0.21
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Black Top
  • Co List Office Phone: 319-277-5005
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 1198
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Partially Finished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 430
  • BelowGradeArea: 768

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Outbuildings

Garage/Parking

  • Parking Features: Oversized, Workshop in Garage

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-1
  • Lot Dimensions: 67x134
  • Lot Size Sq Ft: 8978
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 3133.64

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

Closed on
Aug 11, 2025
Sold by
Bought by
Current Estimated Value
$188,942

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
0.065%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 2021
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
$127,300
Interest Rate
0.027%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2010
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
$123,717
Interest Rate
0.0475%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
$190,000 None Listed On Document
$134,000 Black Hawk Cnty Abstract Co
$126,000 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 $32,300
Previous Owner $152,000
Previous Owner $127,300
Previous Owner $123,717
Previous Owner $118,742
Previous Owner $43,000
Previous Owner $10,000
Previous Owner $33,367
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
10/15/2025 10/15/25 Sold $190,000 -3.1% $159 / Sq Ft
09/09/2025 09/09/25 Pending -- -- --
08/22/2025 08/22/25 For Sale $196,000 -- $164 / 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 $2,912 $157,430 $24,870 $132,560
2024 $2,912 $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

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20254094

Northeast Iowa Regional Board of REALTORS®

APN: 8913-17-478-003

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