800 Rainbow Dr, Waterloo, IA 50701 Property Records

Black Hawk County property record for 800 Rainbow Dr, Waterloo, IA 50701

Property Summary

Property Type	Warehouse, Storage
Details	1,200 sqft · built 2008
Lot Size	0.207 acres (9,009 sqft)
Owner	Company Name on File
Last Sale	$80,000 (Dec 2012)
Tax Bill	$3,190 (2025)
Deeds & Mortgages	Oct 2019 Refinance
Flood Zone	Zone X (reduced by levee)
APN	`8913-21-227-012`

Property Details

APN / Parcel Number

Primary APN	`8913-21-227-012`

Interior

Stories	1 Story
Building Area	1,200 sqft Gross Area
1st Floor Area	1,200 sqft
Overhead Door	Overhead Door

Exterior

Year Built	Built 2008
Effective Year Built	Effective 2008
Exterior Material	Metal
Construction Type	Frame
Fire Resistance	Wood or Wood & Steel Frame
Roof Material	Metal
Lot Area	9,009 sqft (0.207 acres)
Garage Area	308 sqft
Parking Spaces	1 Parking Space

Utilities, Heating & Cooling

Cooling System	None

Location & Zoning

Street Address	800 RAINBOW DR
City	WATERLOO
State	IA
Zip	50701
Property Category	Industrial
Property Type	Industrial > Warehouse, Storage
Legal Description	PATTISONS SUBDIVISION OF PART OF LOT NO 1 IN AUDITORS WHITNEY ROAD PLAT LOT 1 EXC THAT PART DEEDED TO THE CITY OF WATERLOO
Legal Range	13W
Legal Township	89N
Legal Section	21
Legal Subdivision	PATTISONS SUBDIVISION
Legal Lot Number	1
Jurisdiction	BLACK HAWK IA
Township / Civil Division	WATERLOO
Census Block Group	2
Census Block	2014
Census Tract	1503

Owner

800 Rainbow Dr, an industrial property, is owned by a company that bought it in December 2012.

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	Company Name on File
Mailing Address	802 RAINBOW DR, CEDAR FALLS, IA 50613
Owner Type	Company
Vesting	Company

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Dec 31, 2012 · Amount on File
Deed Sale	Dec 31, 2012 · Amount on File
Deed Document Number	20122013013789
Record Updated	Oct 29, 2026

October 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	BLACK HAWK IA
Property Address	800 RAINBOW DR, WATERLOO, IA 50701
Transaction Type	Mortgage
Record Updated	Nov 6, 2019

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	202000006440
Date	Oct 7, 2019
Instrument	202000006440

Lender

Name	FARMERS STATE BANK

Agreement

Type	Stand-Alone Refinance
Amount	Amount on Record
Term	361 Months
Due	Nov 1, 2049

Tax Assessment & Valuation

The 2025 property tax bill for 800 Rainbow Dr was $3,190, up 1.7% 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	Waterloo Community School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$3,190.00 (+1.72%)	$109,870 Land $47,300 Building $62,570	$109,870 Land $47,300 Building $62,570
2024	$3,136.00
2023		$107,580 (+103.33%) Land $47,300 Building $60,280	$107,580 Land $47,300 Building $60,280
2022	$1,162.00	$52,910 Land $10,140 Building $42,770
2021			$52,910 Land $10,140 Building $42,770

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

Flood

FEMA maps place 800 Rainbow Dr in Zone X, where a levee reduces 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 reduced by levee · depends on levee performance
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

The area around 800 Rainbow Dr has no burnable land within ember reach, so its wildfire risk is not rated.

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

Wildfire Risk	Not rated no burnable land within 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 273 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
GigFire Fixed Wireless	150 / 130
AT&T Fixed Wireless	100 / 20
T-Mobile Fixed Wireless	100 / 20
Nextlink Fixed Wireless	100 / 20