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1559 Rainbow Dr; Waterloo, IA Property Details

1559 Rainbow Dr, Waterloo, IA is a Single Family that was built in 1938. This property is not for sale. Our records show that 1559 Rainbow Dr has 3 bedrooms, and 1 bathroom, and a total of 1,076 square feet. The lot size of 1559 Rainbow Dr is 67,675 square feet.

Off market
1559 Rainbow Dr Waterloo, IA 50701
$174,620 Estimated Value
3 Beds
1 Baths
1,076 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1938
  • Est. Equity / %: $217,000 / 100%
  • Gross Yield: 11.574%
  • APN: 8913-21-101-102
  • Situs County: Black Hawk

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Wood Shingle
  • Interior Wall Type: Plaster
  • Building Condition: Average
  • Roof Type: Gable
  • Roof Cover Type: Asphalt
  • Deck: true
  • Patio Type: Patio

Measurements

  • Total: 1,076/SqFt
  • Lot: 67,675/SqFt
  • Gross: 1,076/SqFt
  • Garage: 912/SqFt
  • Living: 1,076/SqFt
  • Basement: 1,040/SqFt
  • Building: 1,076/SqFt
  • Ground: 572/SqFt
  • Basement Finished: 375/SqFt

Legal Description

  • Description: AUDITOR WHITNEY ROAD PLAT CASTLE HILL E 91.1 FT W 161.1 FT LOT 39 EXC RD ALSO INC AUDITOR WHITNEY ROAD PLAT CASTLE HILL
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: 42.51277 / -92.3939
  • Subdivision: Auditor Whitney Road Plat
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Plus Four: 1146
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 4

HOA

  • H O A One Type: Home Owner Association

Ownership Info

1559 Rainbow Dr has no associated ownership info
1559 Rainbow Dr has no associated ownership info.

Taxes

1559 Rainbow Dr has 10 associated Taxes items

1559 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 $174,620. The APN we've located for 1559 Rainbow Dr is 8913-21-101-102.

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Taxes
  • Assessed Value:  $174,620
  • Assessed Year:  2025
  • Assessed County:  Black Hawk
  • APN:  8913-21-101-102
  • Assessed Land Value:  37910
  • Market Land Value:  37910
  • Tax Amount:  2950
  • Tax Year:  2025
  • Market Value:  174620
  • Market Year:  2025

Tax History

1559 Rainbow Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $174,620 Land Value $37,910 Improvement Value $136,710 Tax Amount $3,044 Change Rate +0.031864% Assessed CR Tax Rate +0.017432%
Year 2024 Assessed Value $159,940 Land Value $37,910 Improvement Value $122,030 Tax Amount $2,950 Change Rate +0.036015% Assessed CR Tax Rate +0.018444%
Year 2023 Assessed Value $159,940 Land Value $37,910 Improvement Value $122,030 Tax Amount $2,847.45 Change Rate +0.024263% Assessed CR Tax Rate +0.017803%
Year 2022 Assessed Value $135,480 Land Value $37,910 Improvement Value $97,570 Tax Amount $2,780 Change Rate +0.027677% Assessed CR Tax Rate +0.02052%
Year 2021 Assessed Value $135,480 Land Value $37,910 Improvement Value $97,570 Tax Amount $2,705.13 Change Rate -0.00289% Assessed CR Tax Rate +0.019967%
Year 2020 Assessed Value $118,270 Land Value $29,790 Improvement Value $88,480 Tax Amount $2,712.97 Change Rate +0.111873% Assessed CR Tax Rate +0.022939%
Year 2019 Assessed Value $118,270 Land Value $29,790 Improvement Value $88,480 Tax Amount $2,440 Change Rate -0.000819% Assessed CR Tax Rate +0.020631%
Year 2018 Assessed Value $118,270 Land Value $29,790 Improvement Value $88,480 Tax Amount $2,442 Change Rate Assessed CR Tax Rate +0.020648%
Year 2017 Assessed Value $118,270 Land Value $29,790 Improvement Value $88,480 Tax Amount $2,442 Change Rate -0.100887% Assessed CR Tax Rate +0.020648%
Year 2016 Assessed Value $118,270 Land Value $29,790 Improvement Value $88,480 Tax Amount $2,716.01 Change Rate +0.092522% Assessed CR Tax Rate +0.022964%
Year 2015 Assessed Value $118,270 Land Value $29,790 Improvement Value $88,480 Tax Amount $2,486 Change Rate +0.024732% Assessed CR Tax Rate +0.02102%
Year 2014 Assessed Value $113,620 Land Value $29,790 Improvement Value $83,830 Tax Amount $2,426 Change Rate +0.028838% Assessed CR Tax Rate +0.021352%
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $2,358 Change Rate Assessed CR Tax Rate