Black Hawk County property record for 2123 Rainbow Dr, Waterloo, IA 50701
| Property Type | Single Family Home |
|---|---|
| Details | 2 bd · 1 ba · 942 sqft · built 1958 |
| Lot Size | 0.732 acres (31,900 sqft) |
| Owner | 2 Individual Names on File |
| Last Sale | $64,000 (Nov 2008) |
| Tax Bill | $1,952 (2025) |
| Deeds & Mortgages | Nov 2019 Refinance |
| Flood Zone | Zone X (minimal risk) |
| APN | 8913-17-452-007 |
| Primary APN | 8913-17-452-007 |
|---|
| Bedrooms | 2 Beds |
|---|---|
| Full Baths | 1 Bath |
| Total Rooms | 4 Rooms |
| Stories | 1 Story |
| Building Area | 942 sqft Living Area |
| 1st Floor Area | 942 sqft |
| Basement Area | 471 sqft |
| Flooring | Vinyl/Resilient |
| Interior Walls | Plaster |
| Fireplaces | 1 Fireplace |
| Fireplace | Fireplace |
| Year Built | Built 1958 |
|---|---|
| Effective Year Built | Effective 1958 |
| Exterior Material | Aluminum Siding |
| Construction Type | Frame |
| Roof Type | Flat |
| Roof Material | Tar & Gravel |
| Lot Area | 31,900 sqft (0.732 acres) |
| Lot Dimensions | 319 ft deep x 100 ft wide |
| Garage Type | Detached |
| Garage Area | 360 sqft |
| Parking Spaces | 1 Parking Space |
| Porch | Slab |
| Porch Area | 99 sqft |
| Cooling System | Central |
|---|---|
| Heating System | HVAC |
| Street Address | 2123 RAINBOW DR |
|---|---|
| City | WATERLOO |
| State | IA |
| Zip | 50701-1044 |
| Property Category | Residential |
| Property Type | Residential > Single Family > Home |
| Legal Description | AUDITOR WHITNEY ROAD PLAT CASTLE HILL W 100 FT IN EVEN WIDTH OF THAT PART OF LOT 66 LYING WITHIN THE FOL BOUNDARIES COM ON |
| Legal Range | 13W |
| Legal Township | 89N |
| Legal Section | 17 |
| Legal Subdivision | AUDITOR WHITNEY ROAD PLAT |
| Legal Lot Number | 66 |
| Jurisdiction | BLACK HAWK IA |
| Township / Civil Division | WATERLOO |
| Census Block Group | 2 |
| Census Block | 2022 |
| Census Tract | 1503 |
2123 Rainbow Dr is owned and occupied by two individuals who bought it in November 2008.
Source: Black Hawk County records, as of September 1, 2026
| Owner of Record | 2 Individual Names on File |
|---|---|
| Mailing Address | 2123 RAINBOW DR, WATERLOO, IA 50701-1044 |
| 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.
| Deed Names | 2 Names on Deed |
|---|---|
| Last Sale | Nov 6, 2008 · Amount on File |
| Deed Sale | Nov 6, 2008 · Amount on File |
| Prior Sale | Sep 2, 2008 · Amount on File |
| Deed Document Number | 20082009009411 |
| Prior Transfer Date | Aug 6, 2008 |
| Prior Transfer Doc | 2009004884 |
| Record Updated | Oct 29, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | BLACK HAWK IA |
| Property Address | 2123 RAINBOW DR, WATERLOO, IA 50701-1044 |
| Transaction Type | Mortgage |
| Record Updated | Aug 9, 2022 |
| Name | Verified Name |
|---|
| Document Number | 202000008482 |
|---|---|
| Date | Nov 7, 2019 |
| Instrument | 202000008482 |
| Name | US BANK NA |
|---|---|
| Type | Bank |
| Type | Stand-Alone Refinance |
|---|---|
| Amount | Amount on Record |
| Term | 121 Months |
| Due | Dec 1, 2029 |
The 2025 property tax bill for 2123 Rainbow Dr was $1,952 with a homeowner's exemption, down 0.9% 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 | Cedar Falls Community School District (PK - 12) |
| Year | Tax Bill | Assessed Value | Assessed Market Value |
|---|---|---|---|
| 2025 | $1,952.00 (-0.91%) Homeowner's exemption | $126,970 Land $40,840 Building $86,130 | $126,970 Land $40,840 Building $86,130 |
| 2024 | $1,970.00 | ||
| 2023 | $119,330 (+13.7%) Land $40,840 Building $78,490 | $119,330 Land $40,840 Building $78,490 | |
| 2022 | $2,210.00 Homeowner's exemption | $104,950 Land $40,840 Building $64,110 | |
| 2021 | $104,950 Land $40,840 Building $64,110 |
Assessed value and assessed market value are set for property tax purposes and are not market price estimates.
FEMA maps place 2123 Rainbow Dr in Zone X, an area of minimal flood risk, though there have been 58 flood claims nearby since 1978.
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 Policies | 2 in force |
| Nearby Flood Claims | 58 (1978–2016) |
| Most Recent Claim | Sep 2016 · Severe Storms And Flooding |
| Claims by Event |
|
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 2123 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 96% of the US · lower than 71% of Iowa |
|---|---|
| Wildfire Likelihood | 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 274 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| Cedar Falls Utilities Fiber | 10,000 / 10,000 |
| Mediacom Xtream Cable · Fiber in parts of the area | 1,000 / 50 |
| Verizon Fixed Wireless | 300 / 20 |
| T-Mobile Fixed Wireless | 100 / 20 |
| AT&T Fixed Wireless | 100 / 20 |
May also be available: GigFire, Metronet, Nextlink.
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