$254,900
PENDING

1946 Rainbow Dr Waterloo, IA 50701

Estimated payment $1,691/month

Total Views 309
3 Beds
2 Baths
1,456 Sq Ft
$175 Price per Sq Ft

Highlights

  • 3 Car Garage
  • Laundry Room
  • Double Sided Fireplace
  • Enclosed Patio or Porch
  • Forced Air Heating and Cooling System

About This Home

Beautifully updated 3-bedroom, 2-bath home featuring a single attached garage and a private backyard. This super clean property showcases hardwood floors throughout and a fully updated kitchen complete with a gas stove and stainless steel appliances. The interior has been refreshed with modern paint and updated doors, creating a bright, move-in-ready feel. A spacious 3-season porch extends the living area, perfect for relaxing or entertaining. The finished basement includes a cozy gas fireplace, a large 3/4 bath with a corner shower, and an egress window that offers the potential for a 4th bedroom. You'll also find a separate laundry room for added convenience. In addition to the attached garage, the property boasts a large detached double garage, providing ample storage and parking space. New privacy fence makes the backyard an oasis. Seller has never lived in the property and is being sold "As-Is."

Listing Agent

Carissa Holton

EXP Realty, LLC License #S6485100 Listed on: 03/24/2026

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,079

Year Built

  • Built in 1957

Lot Details

  • 11,376 Sq Ft Lot
  • Lot Dimensions are 72.00 x 158.00

Home Design

  • Concrete Foundation
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,456 Sq Ft Home
  • Double Sided Fireplace
  • Gas Fireplace
  • Partially Finished Basement
  • Sump Pump
  • Fire and Smoke Detector

Kitchen

  • Free-Standing Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on lower level

Parking

  • 3 Car Garage
  • Garage Door Opener

Outdoor Features

  • Enclosed Patio or Porch

Schools

  • Fred Becker Elementary School
  • Central Intermediate
  • East High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Community Details

  • Auditor Whitney Road Plat Castle Hill Waterloo Par Subdivision

Listing and Financial Details

  • Assessor Parcel Number 891317428014

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,079

Year Built

Built in 1957

Lot Details

0.26 Acres

Listing Details

  • Parcel Number: 891317428014
  • Year Built: 1957
  • Fencing: Privacy
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Lower Level
  • Lot Size Acres: 0.26
  • Road Surface Type: Concrete
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: 833-835-5566
  • MLS Status: Pending
  • Subdivision Name: AUDITOR WHITNEY ROAD PLAT CASTLE HILL WATERLOO PAR
  • Reso Fireplace Features: Double Sided, Gas
  • Reso Interior Features: Ceiling-Cove
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 1456
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Free-Standing Range, Sump Pump, Refrigerator, Gas Water Heater
  • Basement: Block, Concrete, Partially Finished
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 400
  • Flooring: Hardwood
  • BelowGradeArea: 1056

Exterior Features

  • Construction Type: Shingle Siding, Vinyl Siding
  • Patio And Porch Features: Enclosed

Garage/Parking

  • Parking Features: 3 or More Stalls, Attached Garage, Detached Garage, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • 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 Intermediate

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 72.00 x 158.00
  • Lot Size Sq Ft: 11376
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 4079

Map

Range of Values:

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Value Increase
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Percent Increase
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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 $4,078 $239,230 $28,080 $211,150
2024 $4,078 $220,380 $28,080 $192,300
2023 $3,708 $220,380 $28,080 $192,300
2022 $3,608 $181,130 $28,080 $153,050
2021 $3,376 $181,130 $28,080 $153,050
2020 $3,316 $160,940 $22,460 $138,480
2019 $3,316 $160,940 $22,460 $138,480
2018 $3,328 $160,940 $22,460 $138,480
2017 $3,436 $161,350 $22,460 $138,890
2016 $3,388 $161,350 $22,460 $138,890
2015 $3,388 $161,350 $22,460 $138,890
2014 $3,452 $161,350 $22,460 $138,890
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2026 03/27/26 Pending -- -- --
03/24/2026 03/24/26 For Sale $254,900 -- $175 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $160,000 None Listed On Document
Warranty Deed $160,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Source: Public Records

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20261142

Northeast Iowa Regional Board of REALTORS®

APN: 8913-17-428-014

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