1434 Rainbow Dr, Waterloo, IA 50701 Property Records

Black Hawk County property record for 1434 Rainbow Dr, Waterloo, IA 50701

Property Summary

Property Type	Single Family Home
Details	2 bd · 2 ba · 1,290 sqft · built 1952
Lot Size	0.859 acres (37,408 sqft)
Owner	Individual Name on File
Last Sale	$230,000 (Jun 2026)
Tax Bill	$4,502 (2025)
Deeds & Mortgages	Feb 2014 Mortgage Jun 2007 Line of Credit + 6 more
Flood Zone	Zone X (minimal risk)
APN	`8913-16-377-003`

Property Details

APN / Parcel Number

Primary APN	`8913-16-377-003`

Interior

Bedrooms	2 Beds
Full Baths	2 Baths
Total Rooms	5 Rooms
Stories	1 Story
Building Area	1,290 sqft Living Area
1st Floor Area	1,290 sqft
Basement Area	1,290 sqft
Finished Basement	1,000 sqft
Game Room	Game Room
Flooring	Carpet
Interior Walls	Wallboard/Drywall
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1952
Effective Year Built	Effective 1952
Exterior Material	Vinyl
Construction Type	Frame
Roof Type	Hip
Roof Material	Asphalt
Lot Area	37,408 sqft (0.859 acres)
Lot Dimensions	224 ft deep x 167 ft wide
Garage Type	Detached
Garage Area	440 sqft
Parking Spaces	2 Parking Spaces

Exterior Amenities

Porch	Porch
Porch Area	190 sqft
Deck Area	256 sqft
Patio Area	60 sqft
Shed	1 Shed

Utilities, Heating & Cooling

Cooling System	Central
Heating System	HVAC

Location & Zoning

Street Address	1434 RAINBOW DR
City	WATERLOO
State	IA
Zip	50701-1145
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	AUDITOR WHITNEY ROAD PLAT CASTLE HILL PART LOT 33 PART LOT 44 COM AT PT ON INTERS OF NWLY LINE OF CASTLE HILL SCHOOL PROPERTY
Legal Range	13W
Legal Township	89N
Legal Section	16
Legal Subdivision	AUDITOR WHITNEY ROAD PLAT
Legal Lot Number	33,44
Jurisdiction	BLACK HAWK IA
Township / Civil Division	WATERLOO
Census Block Group	2
Census Block	2014
Census Tract	1503

Owner

1434 Rainbow Dr is owned and occupied by an individual who bought it in June 2026.

Source: Black Hawk County records, as of September 1, 2026

Owner of Record	Individual Name on File
Mailing Address	1434 RAINBOW DR, WATERLOO, IA 50701-1145
Occupancy	Owner Occupied
Owner Type	Individual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Feb 18, 2014	Deed of Trust, Mortgage · Conventional Mortgage USAA FSB
Jun 26, 2007	Deed of Trust, Mortgage · Line of Credit USAA FSB
Jun 22, 2009	Deed of Trust, Mortgage · FHA Mortgage BANK OF AMERICA NA
Apr 6, 2015	Deed of Trust, Mortgage · Conventional Mortgage BANKIOWA
Feb 11, 2016	Deed of Trust, Mortgage · Line of Credit VERIDIAN CU
Jun 22, 2026	Fiduciary Deed, Transfer · Conventional Mortgage VERIDIAN CREDIT UNION
Jun 22, 2026	Fiduciary Deed, Transfer · Conventional Mortgage VERIDIAN CREDIT UNION
Nov 8, 2005	Warranty Deed, Transfer · Conventional Mortgage COUNTRYWIDE HOME LOANS INC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jun 22, 2026 · Amount on File
Deed Sale	Jun 22, 2026 · Amount on File
Prior Sale	Nov 8, 2005 · Amount on File
Deed Document Number	20269221
Prior Transfer Date	Oct 20, 2022
Prior Transfer Doc	0000008726
Record Updated	Oct 29, 2026

February 2014: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BLACK HAWK IA
Property Address	1434 RAINBOW DR, WATERLOO, IA 50701-1145
Transaction Type	Mortgage
Record Updated	Jul 1, 2026
Title Company	ACCOMODATION

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2014015367
Date	Feb 18, 2014
Instrument	2014015367

Lender

Name	USAA FSB
Type	Bank
Address	SAN ANTONIO, TX 78288

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	180 Months
Due	Feb 5, 2029

June 2007: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BLACK HAWK IA
Property Address	1434 RAINBOW DR, WATERLOO, IA 50701-1145
Transaction Type	Mortgage
Record Updated	Jul 1, 2026
Title Company	UNITED GENERAL TITLE INSURANCE, UNITED GENERAL TITLE INS

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2007027628
Date	Jun 26, 2007
Instrument	2007027628

Lender

Name	USAA FSB
Type	Bank
Address	SAN ANTONIO, TX 78288

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	240 Months
Due	Jun 9, 2027

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

June 2009: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BLACK HAWK IA
Property Address	1434 RAINBOW DR, WATERLOO, IA 50701-1145
Transaction Type	Mortgage
Record Updated	Jul 1, 2026
Title Company	PROFESSIONAL CLOSING TITLE, PROFESSIONAL CLOSING

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	2009024914
Date	Jun 22, 2009
Instrument	2009024914

Lender

Name	BANK OF AMERICA NA
Type	Bank
Address	CHARLOTTE, NC 28255

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	361 Months
Due	Jul 1, 2039

April 2015: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BLACK HAWK IA
Property Address	1434 RAINBOW DR, WATERLOO, IA 50701-1145
Transaction Type	Mortgage
Record Updated	Jul 1, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	201500015889
Date	Apr 6, 2015
Instrument	201500015889

Lender

Name	BANKIOWA
Type	Bank
Address	WATERLOO, IA 50702

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	360 Months
Due	Apr 1, 2045

February 2016: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BLACK HAWK IA
Property Address	1434 RAINBOW DR, WATERLOO, IA 50701-1145
Transaction Type	Mortgage
Record Updated	Jul 1, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	201600013937
Date	Feb 11, 2016
Instrument	2016-00013937

Lender

Name	VERIDIAN CU
Type	Credit Union
Address	WATERLOO, IA 50704

Agreement

Type	Line of Credit
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

June 2026: Fiduciary Deed, Transfer

Document Type	Fiduciary Deed
Jurisdiction	BLACK HAWK IA
Recording Date	Jun 22, 2026
Property Address	1434 RAINBOW DR, WATERLOO, IA 50701-1145
Document Number	0000009221
Instrument Date	Jun 17, 2026
Instrument	20269221
Transaction Type	Transfer
Record Updated	Jun 26, 2026
Title Company	TITLE SERVICES

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$37,087.20
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1434 RAINBOW DR, WATERLOO, IA 50701-1145

Mortgage

Document Number	0000009222,
Date	Jun 22, 2026
Instrument	20269222

Lender

Name	VERIDIAN CREDIT UNION

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	360 Months
Due	Jul 1, 2056

Interest

Rate Type	Adjustable Rate
Rate	5.63%
Initial Type	Adjustable Rate
Adjustable	Adjustable Rate Rider
Max Rate	-1%

June 2026: Fiduciary Deed, Transfer

Document Type	Fiduciary Deed
Jurisdiction	BLACK HAWK IA
Recording Date	Jun 22, 2026
Property Address	1434 RAINBOW DR, WATERLOO, IA 50701-1145
Document Number	0202609221
Instrument Date	Jun 17, 2026
Instrument	20269221
Transaction Type	Transfer
Record Updated	Aug 25, 2026
Title Company	TITLE SERVICES

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$37,087.20
Amount Accuracy	Full Amount Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1434 RAINBOW DR, WATERLOO, IA 50701-1145

Mortgage

Document Number	0000009222,
Date	Jun 22, 2026
Instrument	20269222

Lender

Name	VERIDIAN CREDIT UNION

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	360 Months
Due	Jul 1, 2056

Interest

Rate Type	Adjustable Rate
Rate	5.63%
Initial Type	Adjustable Rate
Adjustable	Adjustable Rate Rider
Max Rate	-1%

November 2005: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	BLACK HAWK IA
Recording Date	Nov 8, 2005
Property Address	1434 RAINBOW DR, WATERLOO, IA 50701-1145
Document Number	2006012197
Instrument Date	Nov 1, 2005
Instrument	2006012197
Transaction Type	Transfer
Record Updated	Jun 30, 2026

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$212.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants
Address	1434 RAINBOW DR, WATERLOO, IA 50701-1145

Mortgage

Document Number	2006012198
Date	Nov 8, 2005
Instrument	2006012198

Lender

Name	COUNTRYWIDE HOME LOANS INC
Type	Lending Institution

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	Dec 1, 2035

Tax Assessment & Valuation

The 2025 property tax bill for 1434 Rainbow Dr was $4,502 with a homeowner's exemption, up 3.8% from the year before.

Source: Black Hawk County assessment roll, as of October 17, 2025

Property Jurisdictions

Type	Name
State	Iowa
County	Black Hawk County
Municipality	Waterloo City
Unified School District	Waterloo Community School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$4,502.00 (+3.83%) Homeowner's exemption	$255,020 Land $49,540 Building $205,480	$255,020 Land $49,540 Building $205,480
2024	$4,336.00
2023		$232,270 (+16.19%) Land $49,540 Building $182,730	$232,270 Land $49,540 Building $182,730
2022	$4,120.00 Homeowner's exemption	$199,900 Land $49,540 Building $150,360
2021			$199,900 Land $49,540 Building $150,360

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 1434 Rainbow Dr in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective September 27, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	2 in force
Nearby Flood Claims	58 (1978–2016)
Most Recent Claim	Sep 2016 · Severe Storms And Flooding
Claims by Event	Severe Storms And Flooding, Sep 2016 · 5 claims Severe Storms, Tornadoes, And Flooding, Jun 2008 · 11 claims Severe Storms & Flooding, Aug 1993 · 12 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 1434 Rainbow Dr is low, with a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 97% of the US · lower than 76% of Iowa
Wildfire Likelihood	0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Internet Providers

Source: FCC Broadband Data Collection, based on 342 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet Fiber	5,120 / 5,120
Mediacom Xtream Cable	1,000 / 50
Verizon Fixed Wireless	300 / 20
CenturyLink DSL	140 / 20
T-Mobile Fixed Wireless	100 / 20

May also be available: GigFire, Nextlink.

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