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1509 Rainbow Dr; Waterloo, IA Property Details

1509 Rainbow Dr, Waterloo, IA is a Religious/church/worship that was built in 1925. This property is currently Financed and is not for sale. Our records show that 1509 Rainbow Dr has a total of 2,400 square feet. The lot size of 1509 Rainbow Dr is 29,795 square feet.

Off market
1509 Rainbow Dr Waterloo, IA 50701
$247,500 Listing Price
2,400 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1925
  • Purchase Price: $208,500
  • Open Loans / Balance: 1 / $208,942
  • APN: 8913-21-101-068
  • Situs County: Black Hawk
  • Length Of Ownership: 8 years, 5 months

Structure

  • Building Style: Concrete Block
  • Floor Cover Type: Vinyl
  • Stories: 1
  • Exterior Wall Type: Concrete Block
  • Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
  • Building Condition: Average
  • Roof Cover Type: Shingle (Not Wood)

Measurements

  • Total: 2,400/SqFt
  • Lot: 29,795/SqFt
  • Gross: 2,400/SqFt
  • Basement: 2,400/SqFt
  • Building: 2,400/SqFt
  • Ground: 5,200/SqFt
  • Basement Unfinished: 2,400/SqFt
  • Price Per Square Foot: $86.88

Legal Description

  • Description: AUDITOR WHITNEY ROAD PLAT CASTLE HILL WATERLOO ALL THAT PART LOTS 37 & 38 LYING WITHIN THE FOL DESC BDRY: BEG AT PT OF INTER
Building Insights

Land Information

  • Property Type: Religious/Church/Worship
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Waterloo Community School District
  • Lat / Lon: 42.51273 / -92.39222
  • Subdivision: Auditor Whitney Road Plat
  • Property Class: Exempt
  • County Use Code: 814

Amenities

  • Plus Four: 1146
  • Cooling: Yes
  • Heating: Forced air unit

Ownership Info

1509 Rainbow Dr has no associated ownership info
1509 Rainbow Dr has no associated ownership info.

Taxes

1509 Rainbow Dr has 10 associated Taxes items

1509 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 $256,250. The APN we've located for 1509 Rainbow Dr is 8913-21-101-068.

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Taxes
  • Assessed Value:  $256,250
  • Assessed Year:  2025
  • Assessed County:  Black Hawk
  • APN:  8913-21-101-068
  • Assessed Land Value:  51300
  • Market Land Value:  51300
  • Tax Amount:  7628
  • Tax Year:  2025
  • Market Value:  256250
  • Market Year:  2025

Tax History

1509 Rainbow Dr has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $256,250 Land Value $51,300 Improvement Value $204,950 Tax Amount $7,628 Change Rate Assessed CR Tax Rate +0.029768%
Year 2024 Assessed Value $256,250 Land Value $51,300 Improvement Value $204,950 Tax Amount $7,628 Change Rate -0.350748% Assessed CR Tax Rate +0.029768%
Year 2023 Assessed Value $375,440 Land Value $51,300 Improvement Value $324,140 Tax Amount $11,748.9 Change Rate +0.339669% Assessed CR Tax Rate +0.031294%
Year 2022 Assessed Value $301,390 Land Value $51,300 Improvement Value $250,090 Tax Amount $8,770 Change Rate +0.127204% Assessed CR Tax Rate +0.029099%
Year 2021 Assessed Value $301,390 Land Value $51,300 Improvement Value $250,090 Tax Amount $7,780.31 Change Rate -0.285642% Assessed CR Tax Rate +0.025815%
Year 2020 Assessed Value $301,390 Land Value $51,300 Improvement Value $250,090 Tax Amount $10,891.33 Change Rate +0.384256% Assessed CR Tax Rate +0.036137%
Year 2019 Assessed Value $301,390 Land Value $51,300 Improvement Value $250,090 Tax Amount $7,868 Change Rate -0.311997% Assessed CR Tax Rate +0.026106%
Year 2018 Assessed Value $316,990 Land Value $51,300 Improvement Value $265,690 Tax Amount $11,436 Change Rate Assessed CR Tax Rate +0.036077%
Year 2017 Assessed Value $316,990 Land Value $51,300 Improvement Value $265,690 Tax Amount $11,436 Change Rate Assessed CR Tax Rate +0.036077%
Year 2016 Assessed Value $316,990 Land Value $51,300 Improvement Value $265,690 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $316,990 Land Value $51,300 Improvement Value $265,690 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $589,420 Land Value $23,460 Improvement Value $565,960 Tax Amount Change Rate Assessed CR Tax Rate