2169 Rainbow Dr, Waterloo, IA 50701 Property Records

Black Hawk County property record for 2169 Rainbow Dr, Waterloo, IA 50701

Property Summary

Property Type	Single Family Home
Details	2 bd · 1 ba · 896 sqft · built 1953
Lot Size	0.277 acres (12,062 sqft)
Owner	2 Individual Names on File
Tax Bill	$3,092 (2025)
Deeds & Mortgages	May 2022 Line of Credit Apr 2022 Second Mortgage + 3 more
Flood Zone	Zone X (minimal risk)
APN	`8913-17-452-029`

Property Details

APN / Parcel Number

Primary APN	`8913-17-452-029`

Interior

Bedrooms	2 Beds
Full Baths	1 Bath
Total Rooms	4 Rooms
Stories	1 Story
Building Area	896 sqft Living Area
1st Floor Area	896 sqft
Basement Area	896 sqft
Flooring	Carpet
Interior Walls	Plaster

Exterior

Year Built	Built 1953
Effective Year Built	Effective 1953
Exterior Material	Vinyl
Construction Type	Frame
Roof Type	Gable
Roof Material	Asphalt
Lot Area	12,062 sqft (0.277 acres)
Lot Dimensions	163 ft deep x 74 ft wide
Garage Type	Detached
Garage Area	840 sqft
Parking Spaces	3 Parking Spaces
Porch	Porch
Porch Area	220 sqft
Patio Area	320 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	HVAC

Location & Zoning

Street Address	2169 RAINBOW DR
City	WATERLOO
State	IA
Zip	50701-1044
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	MIDWAY IN CASTLE HILL LOT 4 EXC THE S 218.95 FT THEREOF
Legal Range	13W
Legal Township	89N
Legal Section	17
Legal Subdivision	MIDWAY IN CASTLE HILL
Legal Lot Number	4
Jurisdiction	BLACK HAWK IA
Township / Civil Division	WATERLOO
Census Block Group	2
Census Block	2022
Census Tract	1503

Owner

2169 Rainbow Dr is owned and occupied by two individuals.

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

Owner of Record	2 Individual Names on File
Mailing Address	2169 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.

Deeds, Mortgages & Sale History

Date	Document
May 3, 2022	Deed of Trust, Mortgage · Line of Credit VERIDIAN CU
Apr 12, 2022	Deed of Trust, Mortgage · Stand-Alone Second Mortgage VERIDIAN CU
Feb 23, 2017	Deed of Trust, Mortgage · Line of Credit VERIDIAN CU
Feb 15, 2017	Deed of Trust, Mortgage VERIDIAN CU
Nov 5, 2018	Deed of Trust, Mortgage VERIDIAN CREDIT UNION

Assessor's Deed Record

Deed Names	2 Names on Deed
Record Updated	Oct 29, 2026

May 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BLACK HAWK IA
Property Address	2169 RAINBOW DR, WATERLOO, IA 50701-1044
Transaction Type	Mortgage
Record Updated	May 13, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2169 RAINBOW DR, WATERLOO, IA 50701-1044

Mortgage

Document Number	202200021206
Date	May 3, 2022
Instrument	202200021206

Lender

Name	VERIDIAN CU
Type	Credit Union
Address	WATERLOO, IA 50704

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	300 Months
Due	May 2, 2047

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

April 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BLACK HAWK IA
Property Address	2169 RAINBOW DR, WATERLOO, IA 50701-1044
Transaction Type	Mortgage
Record Updated	Apr 22, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2165 RAINBOW DR, WATERLOO, IA 50701-1044

Mortgage

Document Number	202200019947
Date	Apr 12, 2022
Instrument	202200019947

Lender

Name	VERIDIAN CU
Type	Credit Union
Address	WATERLOO, IA 50704

Agreement

Type	Stand-Alone Second Mortgage
Amount	Amount on Record
Term	120 Months
Due	Apr 25, 2032

February 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BLACK HAWK IA
Property Address	2169 RAINBOW DR, WATERLOO, IA 50701-1044
Transaction Type	Mortgage
Record Updated	Feb 7, 2021
Title Company	BLACK HAWK COUNTY

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	201700014930
Date	Feb 23, 2017
Instrument	2017-00014930

Lender

Name	VERIDIAN CU
Type	Credit Union
Address	WATERLOO, IA 50704

Agreement

Type	Line of Credit
Amount	Amount on Record
Term	300 Months
Due	Feb 22, 2042

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

February 2017: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BLACK HAWK IA
Property Address	2169 RAINBOW DR, WATERLOO, IA 50701-1044
Transaction Type	Mortgage
Record Updated	Feb 5, 2021
Title Company	BLACK HAWK COUNTY ABSTRACT, BLACK HAWK COUNTY

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	201700014539
Date	Feb 15, 2017
Instrument	2017-00014539

Lender

Name	VERIDIAN CU
Type	Credit Union
Address	WATERLOO, IA 50704

Agreement

Amount	Amount on Record
Term	121 Months
Due	Mar 1, 2027

November 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BLACK HAWK IA
Property Address	2169 RAINBOW DR, WATERLOO, IA 50701-1044
Transaction Type	Mortgage
Record Updated	Nov 29, 2018

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	201900007333
Date	Nov 5, 2018
Instrument	201900007333

Lender

Name	VERIDIAN CREDIT UNION
Type	Credit Union

Agreement

Amount	Amount on Record

Tax Assessment & Valuation

The 2025 property tax bill for 2169 Rainbow Dr was $3,092 with a homeowner's exemption, up 0.7% 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	Cedar Falls Community School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$3,092.00 (+0.65%) Homeowner's exemption	$171,690 Land $29,140 Building $142,550	$171,690 Land $29,140 Building $142,550
2024	$3,072.00
2023		$158,780 (+22.29%) Land $28,860 Building $129,920	$158,780 Land $28,860 Building $129,920
2022	$2,784.00 Homeowner's exemption	$129,840 Land $28,860 Building $100,980
2021			$129,840 Land $28,860 Building $100,980

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

Flood

FEMA maps place 2169 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	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 2169 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.

Drinking Water

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

Violations Reported to EPA

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.

Internet Providers

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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