Welcome to this inviting home featuring 3 bedrooms and 2 bathrooms. The main level offers an open floor plan that flows seamlessly from the kitchen to the living room—perfect for everyday living and entertaining. Two bedrooms and an updated full bathroom complete the main floor. The finished basement expands your living space with a spacious bedroom—often ideal as a primary suite—featuring a walk-in closet and a beautifully updated full bathroom. A second family room adds even more versatility for guests, hobbies, or a home office. Outside, you’ll appreciate the impressive 768-square-foot oversized 3 stall garage that’s both heated and cooled with a concrete floor—perfect for a workshop, hobby space, or extra storage. This property blends comfort, modern updates, and functionality both inside and out—schedule your showing today!
Sold for $190,000
$190,000
1823 Rainbow Dr, Waterloo, IA 50701
3beds
1,198sqft
Single Family Residence
Built in 1952
9,147.6 Square Feet Lot
$191,100 Zestimate®
$159/sqft
$1,276 Estimated rent
Home value
$191,100
$170,000 - $214,000
$1,276/mo
Zestimate® history
Owner options
List your home for rent
$1,276/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,276/mo
Rent Zestimate®
Refinance and save
$1,023/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,023/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Finished basementSecond family roomSpacious bedroomWalk-in closetOpen floor plan
Zillow last checked:
Listing updated:
Listed by:
Bethany Benner 319-551-4010,
Oakridge Real Estate
Bought with:
Josh Hansen, S70374000
Structure Real Estate
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20254094
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Other
- Level: Upper
Other
- Level: Main
Other
- Level: Lower
Heating
- Forced Air
Cooling
- Central Air
Features
- Basement: Partially Finished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 1,198 sqft
- Finished area below ground: 430
Property
Parking
- Total spaces: 3
- Parking features: Oversized, Workshop in Garage
- Carport spaces: 3
Lot
- Size: 9,147 sqft
- Dimensions: 67x134
Details
- Additional structures: Outbuilding
- Parcel number: 891317478003
- Zoning: R-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Shingle,Asphalt
Condition
- Year built: 1952
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Waterloo
Other
Other facts
- Road surface type: Black Top, Hard Surface Road
Price history
| Date | Event | Price |
|---|---|---|
| 10/15/2025 | Sold | $190,000-3.1%$159/sqft |
Source:  Northeast Iowa Regional BOR as distributed by MLS GRID #20254094 Report a problem | ||
| 9/9/2025 | Pending sale | $196,000$164/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20254094 Report a problem | ||
| 8/22/2025 | Listed for sale | $196,000+46.3%$164/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20254094 Report a problem | ||
| 3/5/2021 | Sold | $134,000-7.6%$112/sqft |
Source: Public Record Report a problem | ||
| 12/12/2020 | Price change | $145,000-2%$121/sqft |
Source: Owner Report a problem | ||
| 10/5/2020 | Listed for sale | $147,900+17.4%$123/sqft |
Source: Owner Report a problem | ||
| 4/9/2010 | Sold | $126,000-6.9%$105/sqft |
Source: Public Record Report a problem | ||
| 10/3/2009 | Listing removed | $135,400$113/sqft |
Source: Prudential One Real Estate #163392 Report a problem | ||
| 8/8/2009 | Listed for sale | $135,400$113/sqft |
Source: Prudential One Real Estate #163392 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,912 +8.7% | $157,430 +9% |
| 2024 | $2,678 +2.4% | $144,450 |
| 2023 | $2,615 +5.9% | $144,450 +21.3% |
| 2022 | $2,469 +16.9% | $119,050 +3.1% |
| 2021 | $2,113 +1.9% | $115,470 +13.4% |
| 2020 | $2,074 -1.2% | $101,870 |
| 2019 | $2,098 +1% | $101,870 |
| 2018 | $2,077 +0% | $101,870 |
| 2017 | $2,076 -1.8% | $101,870 |
| 2016 | $2,114 | $101,870 |
| 2015 | $2,114 +1% | $101,870 |
| 2014 | $2,094 -2.6% | $101,870 |
| 2012 | $2,150 +14.6% | $101,870 |
| 2011 | $1,875 +3.3% | $101,870 +12.5% |
| 2010 | $1,816 +2.8% | $90,520 |
| 2009 | $1,767 +2.2% | $90,520 |
| 2008 | $1,729 +1.7% | $90,520 +7% |
| 2007 | $1,700 +21.8% | $84,600 |
| 2006 | $1,396 -5.7% | $84,600 +22.4% |
| 2005 | $1,480 +13.1% | $69,110 +18.5% |
| 2003 | $1,308 +1.7% | $58,340 |
| 2002 | $1,287 +10.7% | $58,340 +18% |
| 2001 | $1,162 | $49,440 |
Find assessor info on the county website
Neighborhood: 50701
Nearby schools
GreatSchools rating
- 5/10Fred Becker Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 1/10Central Middle SchoolGrades: 6-8Distance: 1.4 mi
- 2/10East High SchoolGrades: 9-12Distance: 3.6 mi
Schools provided by the listing agent
- Elementary: Fred Becker Elementary
- Middle: Central
- High: East High
Source: Northeast Iowa Regional BOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
- Iowa
- Black Hawk County
- Waterloo
- 50701
- 1823 Rainbow Dr
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Waterloo Topics
