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1216 Rainbow Dr; Waterloo, IA Property Details

1216 Rainbow Dr, Waterloo, IA is a Single Family that was built in 1957. This property is not for sale. Our records show that 1216 Rainbow Dr has 2 bedrooms, and 2 bathrooms, and a total of 1,310 square feet. The lot size of 1216 Rainbow Dr is 29,760 square feet.

Off market
1216 Rainbow Dr Waterloo, IA 50701
$269,630 Estimated Value
2 Beds
2 Baths
1,310 SqFt
Property Type
Single Family
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Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1957
  • Open Loans / Balance: 1 / $68,255
  • Est. Equity / %: $189,745 / 73.54%
  • Gross Yield: 10.609%
  • APN: 8913-21-126-009
  • Situs County: Black Hawk

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 3

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Wood Siding
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Roof Type: Gable
  • Porch Type: Open
  • Roof Cover Type: Asphalt
  • Patio Type: Patio

Measurements

  • Total: 1,310/SqFt
  • Lot: 29,760/SqFt
  • Gross: 1,310/SqFt
  • Garage: 1,050/SqFt
  • Living: 1,310/SqFt
  • Basement: 1,260/SqFt
  • Building: 1,310/SqFt
  • Ground: 1,260/SqFt
  • Basement Finished: 1,000/SqFt

Legal Description

  • Description: PLEASANT VALLEY CASTLE HILL LOT 4 LOT 5
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Waterloo Community School District
  • Lat / Lon: 42.51204 / -92.387856
  • Subdivision: Pleasant Valley Castle Hill
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Plus Four: 1141
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Mixed
  • Heating: Yes
  • Parking: 3

HOA

  • H O A One Type: Home Owner Association

Ownership Info

1216 Rainbow Dr has no associated ownership info
1216 Rainbow Dr has no associated ownership info.

Taxes

1216 Rainbow Dr has 10 associated Taxes items

1216 Rainbow Dr, Waterloo, IA pays taxes in Black Hawk County, IA. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $269,630. The APN we've located for 1216 Rainbow Dr is 8913-21-126-009.

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Taxes
  • Assessed Value:  $269,630
  • Assessed Year:  2025
  • Assessed County:  Black Hawk
  • APN:  8913-21-126-009
  • Assessed Land Value:  42340
  • Market Land Value:  42340
  • Tax Amount:  4792
  • Tax Year:  2025
  • Market Value:  269630
  • Market Year:  2025

Tax History

1216 Rainbow Dr has 13 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $269,630 Land Value $42,340 Improvement Value $227,290 Tax Amount $4,792 Change Rate Assessed CR Tax Rate +0.017773%
Year 2024 Assessed Value $244,830 Land Value $42,340 Improvement Value $202,490 Tax Amount $4,792 Change Rate +0.054529% Assessed CR Tax Rate +0.019573%
Year 2023 Assessed Value $244,830 Land Value $42,340 Improvement Value $202,490 Tax Amount $4,544.21 Change Rate +0.040341% Assessed CR Tax Rate +0.018561%
Year 2022 Assessed Value $207,780 Land Value $42,340 Improvement Value $165,440 Tax Amount $4,368 Change Rate +0.02753% Assessed CR Tax Rate +0.021022%
Year 2021 Assessed Value $207,780 Land Value $42,340 Improvement Value $165,440 Tax Amount $4,250.97 Change Rate -0.031963% Assessed CR Tax Rate +0.020459%
Year 2020 Assessed Value $192,430 Land Value $33,260 Improvement Value $159,170 Tax Amount $4,391.33 Change Rate +0.07315% Assessed CR Tax Rate +0.02282%
Year 2019 Assessed Value $192,430 Land Value $33,260 Improvement Value $159,170 Tax Amount $4,092 Change Rate +0.095876% Assessed CR Tax Rate +0.021265%
Year 2018 Assessed Value $176,520 Land Value $33,260 Improvement Value $143,260 Tax Amount $3,734 Change Rate Assessed CR Tax Rate +0.021153%
Year 2017 Assessed Value $176,230 Land Value $33,260 Improvement Value $142,970 Tax Amount $3,734 Change Rate -0.077348% Assessed CR Tax Rate +0.021188%
Year 2016 Assessed Value $176,230 Land Value $33,260 Improvement Value $142,970 Tax Amount $4,047.03 Change Rate +0.065008% Assessed CR Tax Rate +0.022964%
Year 2015 Assessed Value $176,230 Land Value $33,260 Improvement Value $142,970 Tax Amount $3,800 Change Rate -0.019102% Assessed CR Tax Rate +0.021563%
Year 2014 Assessed Value $176,230 Land Value $33,260 Improvement Value $142,970 Tax Amount $3,874 Change Rate +0.028132% Assessed CR Tax Rate +0.021983%
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $3,768 Change Rate Assessed CR Tax Rate
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