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1421 Rainbow Dr; Waterloo, IA Property Details

1421 Rainbow Dr, Waterloo, IA is a Single Family that was built in 1958. This property is not for sale. Our records show that 1421 Rainbow Dr has 3 bedrooms, and 2.5 bathrooms, and a total of 1,200 square feet. The lot size of 1421 Rainbow Dr is 16,000 square feet.

Off market
1421 Rainbow Dr Waterloo, IA 50701
$211,580 Estimated Value
3 Beds
2.5 Baths
1,200 SqFt
Property Type
Single Family
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Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1958
  • Open Loans / Balance: 1 / $14,981
  • Est. Equity / %: $196,019 / 92.9%
  • Gross Yield: 11.625%
  • APN: 8913-21-127-003
  • Situs County: Black Hawk

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Floor Cover Type: Carpet
  • Stories: 1
  • Exterior Wall Type: Composition/Composite
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Good
  • Roof Type: Hip
  • Roof Cover Type: Asphalt
  • Deck: true
  • Patio Type: Patio

Measurements

  • Total: 1,200/SqFt
  • Lot: 16,000/SqFt
  • Gross: 1,200/SqFt
  • Living: 1,200/SqFt
  • Basement: 1,200/SqFt
  • Building: 1,200/SqFt
  • Ground: 1,200/SqFt
  • Basement Finished: 400/SqFt

Legal Description

  • Description: PLEASANT VALLEY CASTLE HILL LOT 15
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: 42.512276 / -92.39088
  • Subdivision: Pleasant Valley Castle Hill
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Plus Four: 1144
  • Bathroom Fixtures: 1
  • Cooling: Central
  • Fireplaces: 1
  • Heating: Yes

HOA

  • H O A One Type: Home Owner Association

Ownership Info

1421 Rainbow Dr has no associated ownership info
1421 Rainbow Dr has no associated ownership info.

Taxes

1421 Rainbow Dr has 10 associated Taxes items

1421 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 $211,580. The APN we've located for 1421 Rainbow Dr is 8913-21-127-003.

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Taxes
  • Assessed Value:  $211,580
  • Assessed Year:  2025
  • Assessed County:  Black Hawk
  • APN:  8913-21-127-003
  • Assessed Land Value:  31080
  • Market Land Value:  31080
  • Tax Amount:  3638
  • Tax Year:  2025
  • Market Value:  211580
  • Market Year:  2025

Tax History

1421 Rainbow Dr has 13 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $211,580 Land Value $31,080 Improvement Value $180,500 Tax Amount $3,798 Change Rate +0.04398% Assessed CR Tax Rate +0.017951%
Year 2024 Assessed Value $191,620 Land Value $31,080 Improvement Value $160,540 Tax Amount $3,638 Change Rate +0.045213% Assessed CR Tax Rate +0.018985%
Year 2023 Assessed Value $191,620 Land Value $31,080 Improvement Value $160,540 Tax Amount $3,480.63 Change Rate +0.022512% Assessed CR Tax Rate +0.018164%
Year 2022 Assessed Value $163,890 Land Value $31,080 Improvement Value $132,810 Tax Amount $3,404 Change Rate +0.027607% Assessed CR Tax Rate +0.02077%
Year 2021 Assessed Value $163,890 Land Value $31,080 Improvement Value $132,810 Tax Amount $3,312.55 Change Rate -0.004553% Assessed CR Tax Rate +0.020212%
Year 2020 Assessed Value $146,920 Land Value $24,420 Improvement Value $122,500 Tax Amount $3,327.7 Change Rate +0.081124% Assessed CR Tax Rate +0.02265%
Year 2019 Assessed Value $146,920 Land Value $24,420 Improvement Value $122,500 Tax Amount $3,078 Change Rate +0.176606% Assessed CR Tax Rate +0.02095%
Year 2018 Assessed Value $138,010 Land Value $24,420 Improvement Value $113,590 Tax Amount $2,616 Change Rate Assessed CR Tax Rate +0.018955%
Year 2017 Assessed Value $126,070 Land Value $24,420 Improvement Value $101,650 Tax Amount $2,616 Change Rate -0.092744% Assessed CR Tax Rate +0.02075%
Year 2016 Assessed Value $125,560 Land Value $24,420 Improvement Value $101,140 Tax Amount $2,883.42 Change Rate +0.088083% Assessed CR Tax Rate +0.022964%
Year 2015 Assessed Value $125,560 Land Value $24,420 Improvement Value $101,140 Tax Amount $2,650 Change Rate +0.027929% Assessed CR Tax Rate +0.021105%
Year 2014 Assessed Value $120,240 Land Value $24,420 Improvement Value $95,820 Tax Amount $2,578 Change Rate +0.027911% Assessed CR Tax Rate +0.02144%
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $2,508 Change Rate Assessed CR Tax Rate
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