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1940 Rainbow Dr; Waterloo, IA Property Details

1940 Rainbow Dr, Waterloo, IA is a Single Family that was built in 1900. This property is currently Financed and is not for sale. Our records show that 1940 Rainbow Dr has 3 bedrooms, and 1.5 bathrooms, and a total of 1,434 square feet. The lot size of 1940 Rainbow Dr is 23,400 square feet.

Off market
1940 Rainbow Dr Waterloo, IA 50701
$193,510 Estimated Value
3 Beds
1.5 Baths
1,434 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1900
  • Purchase Price: $82,000
  • Open Loans / Balance: 1 / $173,000
  • Est. Equity / %: $16,000 / 8.47%
  • Gross Yield: 14.47%
  • APN: 8913-17-428-040
  • Situs County: Black Hawk
  • Length Of Ownership: 16 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,434/SqFt
  • Lot: 23,400/SqFt
  • Gross: 1,434/SqFt
  • Garage: 832/SqFt
  • Living: 1,434/SqFt
  • Basement: 1,326/SqFt
  • Building: 1,434/SqFt
  • Ground: 748/SqFt
  • Basement Finished: 475/SqFt
  • Price Per Square Foot: $57.18

Legal Description

  • Description: AUDITOR WHITNEY ROAD PLAT CASTLE HILL PART LOT 63 COM 511.9 FT E OF NW COR SE SE SEC 17 T 89 R 13 TH E 71.5 FT TH S TO N LINE
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: 42.515686 / -92.39944
  • Subdivision: Auditor Whitney Road Plat
  • Property Class: Residential
  • County Use Code: 101

Amenities

  • Plus Four: 1041
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Heating: Yes
  • Parking: 3

HOA

  • H O A One Type: Home Owner Association

Ownership Info

1940 Rainbow Dr has no associated ownership info
1940 Rainbow Dr has no associated ownership info.

Taxes

1940 Rainbow Dr has 10 associated Taxes items

1940 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 $193,510. The APN we've located for 1940 Rainbow Dr is 8913-17-428-040.

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Taxes
  • Assessed Value:  $193,510
  • Assessed Year:  2025
  • Assessed County:  Black Hawk
  • APN:  8913-17-428-040
  • Assessed Land Value:  32940
  • Market Land Value:  32940
  • Tax Amount:  4222
  • Tax Year:  2025
  • Market Value:  193510
  • Market Year:  2025

Tax History

1940 Rainbow Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $193,510 Land Value $32,940 Improvement Value $160,570 Tax Amount $4,222 Change Rate Assessed CR Tax Rate +0.021818%
Year 2024 Assessed Value $204,870 Land Value $32,940 Improvement Value $171,930 Tax Amount $4,222 Change Rate +0.08657% Assessed CR Tax Rate +0.020608%
Year 2023 Assessed Value $204,870 Land Value $32,940 Improvement Value $171,930 Tax Amount $3,885.62 Change Rate +0.162663% Assessed CR Tax Rate +0.018966%
Year 2022 Assessed Value $161,020 Land Value $32,940 Improvement Value $128,080 Tax Amount $3,342 Change Rate +0.320849% Assessed CR Tax Rate +0.020755%
Year 2021 Assessed Value $127,300 Land Value $32,940 Improvement Value $94,360 Tax Amount $2,530.19 Change Rate +0.054659% Assessed CR Tax Rate +0.019876%
Year 2020 Assessed Value $94,320 Land Value $26,350 Improvement Value $67,970 Tax Amount $2,399.06 Change Rate +0.258688% Assessed CR Tax Rate +0.025435%
Year 2019 Assessed Value $94,320 Land Value $26,350 Improvement Value $67,970 Tax Amount $1,906 Change Rate +0.046103% Assessed CR Tax Rate +0.020208%
Year 2018 Assessed Value $94,320 Land Value $26,350 Improvement Value $67,970 Tax Amount $1,822 Change Rate Assessed CR Tax Rate +0.019317%
Year 2017 Assessed Value $90,430 Land Value $26,350 Improvement Value $64,080 Tax Amount $1,822 Change Rate -0.008743% Assessed CR Tax Rate +0.020148%
Year 2016 Assessed Value $80,040 Land Value $26,350 Improvement Value $53,690 Tax Amount $1,838.07 Change Rate +0.136014% Assessed CR Tax Rate +0.022964%
Year 2015 Assessed Value $80,040 Land Value $26,350 Improvement Value $53,690 Tax Amount $1,618 Change Rate -0.019394% Assessed CR Tax Rate +0.020215%
Year 2014 Assessed Value $80,040 Land Value $26,350 Improvement Value $53,690 Tax Amount $1,650 Change Rate +0.029963% Assessed CR Tax Rate +0.020615%
Year 2013 Assessed Value Land Value Improvement Value Tax Amount $1,602 Change Rate Assessed CR Tax Rate