Black Hawk County property record for 1559 Rainbow Dr, Waterloo, IA 50701
| Property Type | Single Family Home |
|---|---|
| Details | 3 bd · 1 ba · 1,076 sqft · built 1938 |
| Lot Size | 1.55 acres (67,675 sqft) |
| Owner | 2 Individual Names on File |
| Tax Bill | $3,044 (2025) |
| Flood Zone | Zone X (minimal risk) |
| APN | 8913-21-101-102 |
| Primary APN | 8913-21-101-102 |
|---|---|
| Alternative APN |
|
| Bedrooms | 3 Beds |
|---|---|
| Full Baths | 1 Bath |
| Total Rooms | 5 Rooms |
| Stories | 1 Story |
| Building Area | 1,076 sqft Living Area |
| 1st Floor Area | 572 sqft |
| Basement Area | 1,040 sqft |
| Finished Basement | 375 sqft |
| Game Room | Game Room |
| Interior Walls | Plaster |
| Fireplaces | 1 Fireplace |
| Fireplace | Fireplace |
| Year Built | Built 1938 |
|---|---|
| Effective Year Built | Effective 1938 |
| Exterior Material | Wood Shingle |
| Construction Type | Frame |
| Roof Type | Gable |
| Roof Material | Asphalt |
| Lot Area | 67,675 sqft (1.55 acres) |
| Lot Dimensions | 225 ft deep x 91 ft wide |
| Garage Type | Detached |
| Garage Area | 912 sqft |
| Parking Spaces | 4 Parking Spaces |
| Porch | Porch |
|---|---|
| Porch Area | 135 sqft |
| Deck Area | 160 sqft |
| Patio Area | 231 sqft |
| Shed | 1 Shed |
| Shed Area | 120 sqft |
| Cooling System | Central |
|---|---|
| Heating System | HVAC |
| Street Address | 1559 RAINBOW DR |
|---|---|
| City | WATERLOO |
| State | IA |
| Zip | 50701-1146 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Legal Description | AUDITOR WHITNEY ROAD PLAT CASTLE HILL E 91.1 FT W 161.1 FT LOT 39 EXC RD ALSO INC AUDITOR WHITNEY ROAD PLAT CASTLE HILL |
| Legal Range | 13W |
| Legal Township | 89N |
| Legal Section | 21 |
| Legal Subdivision | AUDITOR WHITNEY ROAD PLAT |
| Legal Lot Number | 34,37 |
| Jurisdiction | BLACK HAWK IA |
| Township / Civil Division | WATERLOO |
| Census Block Group | 3 |
| Census Block | 3014 |
| Census Tract | 1503 |
1559 Rainbow Dr is owned and occupied by two individuals.
Source: Black Hawk County records, as of September 1, 2026
Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.
| Owner of Record | 2 Individual Names on File |
|---|---|
| Mailing Address | 1559 RAINBOW DR, WATERLOO, IA 50701-1146 |
| Occupancy | Owner Occupied |
| Owner Type | Individual |
| Deed Names | 2 Names on Deed |
|---|---|
| Record Updated | Oct 29, 2026 |
The 2025 property tax bill for 1559 Rainbow Dr was $3,044 with a homeowner's exemption, up 3.2% from the year before.
Source: Black Hawk County assessment roll, as of October 17, 2025
| Type | Name |
|---|---|
| State | Iowa |
| County | Black Hawk County |
| Municipality | Waterloo City |
| Unified School District | Waterloo Community School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $3,044.00 (+3.19%) Homeowner's exemption | $174,620 Land $37,910 Building $136,710 | $174,620 Land $37,910 Building $136,710 |
| 2024 | $2,950.00 | ||
| 2023 | $159,940 (+18.05%) Land $37,910 Building $122,030 | $159,940 Land $37,910 Building $122,030 | |
| 2022 | $2,780.00 Homeowner's exemption | $135,480 Land $37,910 Building $97,570 | |
| 2021 | $135,480 Land $37,910 Building $97,570 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 1559 Rainbow Dr in Zone X, an area of minimal flood risk, though there have been 1 flood claim nearby since 2013.
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 |
|---|---|
| Flood Insurance Requirement | Not required lenders may require it |
| Nearby Flood Claims | 1 (2013) |
| Claims Outside the SFHA | 1 of 1 |
| Most Recent Claim | May 2013 · tidal / storm surge |
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 risk around 1559 Rainbow Dr is low, with less than 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 99.1% of the US · lower than 91% of Iowa |
|---|---|
| Wildfire Likelihood | Under 0.01% annual chance |
| Exposure | Direct burnable vegetation |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
Source: EPA Safe Drinking Water Information System, as of September 2026
| Water System | WATERLOO WATER WORKS serves 69,504 people · EPA ID IA0790074 |
|---|---|
| Water Source | Groundwater |
| Last State Inspection | Nov 2023 |
| Lead | 2 ppb (2025) action level 15 ppb |
| Water Quality | None last 10 years |
|---|---|
| Treatment and Procedure | None last 10 years |
| Monitoring and Reporting | None last 3 years |
Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes. The service area is an EPA estimate; the actual supplier may differ.
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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