Sold for $224,900 on 12/22/25
$224,900
1817 Rainbow Dr, Waterloo, IA 50701
4beds
1,512sqft
Single Family Residence
Built in 1957
0.28 Acres Lot
$219,000 Zestimate®
$149/sqft
$1,447 Estimated rent
Home value
$219,000
$208,000 - $230,000
$1,447/mo
Zestimate® history
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What's special
Beautifully Updated 4-Bedroom Home with Spacious Yard and Modern Upgrades Welcome to this beautifully updated 4-bedroom, 2-bathroom home that perfectly blends comfort, functionality, and style. Situated on a generous lot, the home features a large yard—ideal for outdoor entertaining, gardening, or simply enjoying the open space. Step inside to discover a completely renovated interior, featuring all new flooring and fresh paint throughout. The heart of the home is the brand-new kitchen, thoughtfully designed with modern finishes, updated cabinetry, and sleek countertops—perfect for everyday living and hosting guests. Both bathrooms have been stylishly updated, offering clean, contemporary fixtures and finishes. The home also boasts new vinyl windows, enhancing energy efficiency while letting in an abundance of natural light. Downstairs, the finished lower level provides flexible space—great for a family room, home office, gym, or guest quarters. Additional highlights include a large garage with ample space for parking, storage, or even a workshop. This move-in-ready home combines practicality and modern updates in a highly livable layout, offering everything you need for today's lifestyle.
Zillow last checked: 8 hours ago
Listing updated: 20 hours ago
Listed by:
Gerald Sorensen 319-269-1168,
RE/MAX Concepts - Cedar Falls,
Gordie Sorensen 319-269-1164,
RE/MAX Concepts - Cedar Falls
Bought with:
Kayla Ventura, S73255000
Vine Valley Real Estate
Source: Northeast Iowa Regional BOR,MLS#: 20254987
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Other
- Level: Upper
Other
- Level: Main
Other
- Level: Lower
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, MicroHood, Free-Standing Range, Refrigerator
Features
- Flooring: Hardwood
- Basement: Block,Finished
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 1,512 sqft
- Finished area below ground: 600
Property
Parking
- Total spaces: 2
- Parking features: 2 Stall, Detached Garage
- Carport spaces: 2
Features
- Patio & porch: Patio
Lot
- Size: 0.28 Acres
- Dimensions: 67 x 180
Details
- Parcel number: 891317478004
- Zoning: R-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Cedar
- Roof: Asphalt
Condition
- Year built: 1957
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Waterloo
- Subdivision: LOBDELLS ADD TO CASTLE HILL
Other
Other facts
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 12/22/2025 | Sold | $224,900$149/sqft |
Source: | ||
| 11/7/2025 | Pending sale | $224,900$149/sqft |
Source: | ||
| 10/28/2025 | Price change | $224,900-2.2%$149/sqft |
Source: | ||
| 10/10/2025 | Listed for sale | $229,900+70.9%$152/sqft |
Source: | ||
| 6/19/2015 | Sold | $134,500$89/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,864 +9.5% | $143,270 |
| 2023 | $2,616 +2.7% | $143,270 +20.3% |
| 2022 | $2,546 +7.2% | $119,100 |
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 Intermediate
- High: East High
Source: Northeast Iowa Regional BOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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