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1823 Rainbow Dr, Waterloo, IA 50701

$186,000

Last sold 09/09/2025 for $190K

3
bed
2
bath
768
Sqft ($247/Sqft)

House not for sale

About 1823 Rainbow Dr

Property type House

Year built 1952

HOA fee $0/month

Lot size 8,978 Sqft

Movoto estimate

Rental estimate

Property description

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!

Listed by

Listing Agent - Bethany Benner

Listing Office - Oakridge Real Estate

Source: Northeast Iowa Regional BOR

MLS#20254094 • last updated 11 months ago

Movoto checked Northeast Iowa Regional BOR for data 49 minutes ago

Overview
Cooling/AC	Central Air
Heating	Forced Air
Virtual Tour	N/A
Type	Residential
Lot Size (Acres)	0.21
Year Built	1952

Interior
# Full Baths	2
# Bedrooms	3
Basement	Partially Finished
Fireplace	None

Exterior
Construction	Vinyl Siding
# Carport Spaces	3
Exterior Features	Outbuildings

Amenities / Utilities
Sewer/ Septic	Public Sewer
Water Source	Public

Location
County	Black Hawk
Elementary School	Fred Becker Elementary
High School	East High
Middle School	Central
Zoning	R-1

Lot/ Land Details
Road Frontage	Hard Surface Road
Road Surface	Black Top

$186K

Range: $169K-$202K

Last 30 days

Rental est.: $1,265/month

• Gross rent multiplier: 12.5

Lower your payment with the loan terms that fit you.

Oct 2025
Public Records
Oct 21, 2025 Sold
$190,000
Oct 2025
MLS # 20254094
Oct 17, 2025 Sold
$190,000 (-3.1%)
Sep 9, 2025 Pending
—
Aug 22, 2025 Listed
$196,000 (+46.3%)
Mar 2021
Public Records
Mar 5, 2021 Sold
$134,000 (+6.3%)
Apr 2010
Public Records
Apr 9, 2010 Sold
$126,000

Year Property taxes Tax assessment
2023
$2,678 +2.4%

$144,450
2022
$2,614 +5.9%

$144,450 +21.34%
2021
$2,469 +7.0%

$119,050 +3.1%
2020
$2,307 +10.0%

$115,470 +13.35%
2018
$2,098 +1.1%

$101,870
2017
$2,076 -11.3%

$101,870
2016
$2,339 +10.7%

$101,870
2015
$2,114 -1.9%

$101,870
2014
$2,154

—

1823 Rainbow Dr
$190K
—
50701
$234K +4% y/y
Waterloo
$199K +7% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
1837 Rainbow Dr, Waterloo, IA 50701	$217,000	3/1	1,315	0.02
1831 Rainbow Dr, Waterloo, IA 50701	$195,000	2/1	1,200	0.02
1826 Rainbow Dr, Waterloo, IA 50701	$223,000	3/1	1,174	0.03
1906 Rainbow Dr, Waterloo, IA 50701	$222,000	3/1	1,100	0.03
1913 Rainbow Dr, Waterloo, IA 50701	$208,000	3/2	904	0.03
1816 Rainbow Dr, Waterloo, IA 50701	$240,000	3/1	1,104	0.04
121 Lobdell Rd, Waterloo, IA 50701	$186,000	3/1	1,158	0.04
114 Lobdell Rd, Waterloo, IA 50701	$120,000	2/1	750	0.04

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.