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1229 Rainbow Dr; Waterloo, IA Property Details

1229 Rainbow Dr, Waterloo, IA is a Single Family that was built in 1955. This property is not for sale. Our records show that 1229 Rainbow Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,036 square feet. The lot size of 1229 Rainbow Dr is 15,800 square feet.

Off market
1229 Rainbow Dr Waterloo, IA 50701
$166,090 Estimated Value
3 Beds
2 Baths
1,036 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1955
  • Open Loans / Balance: 1 / $35,000
  • Est. Equity / %: $149,000 / 80.98%
  • Gross Yield: 13.213%
  • APN: 8913-21-129-001
  • Situs County: Black Hawk

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 1
  • Total Rooms: 6
  • Partial Bathrooms: 2

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Vinyl siding
  • Interior Wall Type: Plaster
  • Building Condition: Good
  • Roof Type: Hip
  • Roof Cover Type: Asphalt
  • Deck: true
  • Patio Type: Patio

Measurements

  • Total: 1,036/SqFt
  • Lot: 15,800/SqFt
  • Gross: 1,036/SqFt
  • Garage: 640/SqFt
  • Living: 1,036/SqFt
  • Basement: 1,036/SqFt
  • Building: 1,036/SqFt
  • Ground: 1,036/SqFt

Legal Description

  • Description: PLEASANT VALLEY CASTLE HILL LOT 22
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: 42.511505 / -92.38858
  • Subdivision: Pleasant Valley Castle Hill
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Plus Four: 1140
  • Cooling: Central
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 2

HOA

  • H O A One Type: Home Owner Association

Ownership Info

1229 Rainbow Dr has no associated ownership info
1229 Rainbow Dr has no associated ownership info.

Taxes

1229 Rainbow Dr has 10 associated Taxes items

1229 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 $166,090. The APN we've located for 1229 Rainbow Dr is 8913-21-129-001.

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Taxes
  • Assessed Value:  $166,090
  • Assessed Year:  2025
  • Assessed County:  Black Hawk
  • APN:  8913-21-129-001
  • Assessed Land Value:  30820
  • Market Land Value:  30820
  • Tax Amount:  2574
  • Tax Year:  2025
  • Market Value:  166090
  • Market Year:  2025

Tax History

1229 Rainbow Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $166,090 Land Value $30,820 Improvement Value $135,270 Tax Amount $2,686 Change Rate +0.043512% Assessed CR Tax Rate +0.016172%
Year 2024 Assessed Value $151,040 Land Value $30,820 Improvement Value $120,220 Tax Amount $2,574 Change Rate +0.030829% Assessed CR Tax Rate +0.017042%
Year 2023 Assessed Value $151,040 Land Value $30,820 Improvement Value $120,220 Tax Amount $2,497.02 Change Rate +0.054485% Assessed CR Tax Rate +0.016532%
Year 2022 Assessed Value $120,070 Land Value $30,820 Improvement Value $89,250 Tax Amount $2,368 Change Rate +0.050092% Assessed CR Tax Rate +0.019722%
Year 2021 Assessed Value $117,850 Land Value $30,820 Improvement Value $87,030 Tax Amount $2,255.04 Change Rate -0.01625% Assessed CR Tax Rate +0.019135%
Year 2020 Assessed Value $104,490 Land Value $24,220 Improvement Value $80,270 Tax Amount $2,292.29 Change Rate +0.113844% Assessed CR Tax Rate +0.021938%
Year 2019 Assessed Value $104,490 Land Value $24,220 Improvement Value $80,270 Tax Amount $2,058 Change Rate -0.000971% Assessed CR Tax Rate +0.019696%
Year 2018 Assessed Value $104,490 Land Value $24,220 Improvement Value $80,270 Tax Amount $2,060 Change Rate Assessed CR Tax Rate +0.019715%
Year 2017 Assessed Value $104,490 Land Value $24,220 Improvement Value $80,270 Tax Amount $2,060 Change Rate -0.113929% Assessed CR Tax Rate +0.019715%
Year 2016 Assessed Value $104,490 Land Value $24,220 Improvement Value $80,270 Tax Amount $2,324.87 Change Rate +0.108136% Assessed CR Tax Rate +0.02225%
Year 2015 Assessed Value $104,490 Land Value $24,220 Improvement Value $80,270 Tax Amount $2,098 Change Rate +0.028431% Assessed CR Tax Rate +0.020078%
Year 2014 Assessed Value $100,270 Land Value $24,220 Improvement Value $76,050 Tax Amount $2,040 Change Rate +0.029263% Assessed CR Tax Rate +0.020345%
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $1,982 Change Rate Assessed CR Tax Rate