804 Rainbow Dr, Waterloo, IA 50701 Property Records

Black Hawk County property record for 804 Rainbow Dr, Waterloo, IA 50701

Property Summary

Property TypeCommercial
Lot Size0.209 acres (9,115 sqft)
OwnerCompany Name on Record
Last Sale$35,000 (Jun 2020)
Tax Bill$1,026 (2025)
Deeds & MortgagesJun 2020 Sale & Line of Credit
Flood ZoneZone X (reduced by levee)
APN8913-21-227-008

Property Details

APN / Parcel Number

Primary APN8913-21-227-008

Exterior

Lot Area9,115 sqft (0.209 acres)
Lot Dimensions168 ft deep x 59 ft wide

Location & Zoning

Street Address804 RAINBOW DR
CityWATERLOO
StateIA
Zip50701
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionPATTISONS SUBDIVISION OF PART OF LOT NO 1 IN AUDITORS WHITNEY ROAD PLAT LOT 3
Legal Range13W
Legal Township89N
Legal Section21
Legal SubdivisionPATTISONS SUBDIVISION
Legal Lot Number3
JurisdictionBLACK HAWK IA
Township / Civil DivisionWATERLOO
Census Block Group2
Census Block2014
Census Tract1503

Owner

Source: Black Hawk County records, as of May 27, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on Record
Mailing Address802 RAINBOW DR, CEDAR FALLS, IA 50613
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJun 1, 2020 · Amount on Record
Deed SaleJun 1, 2020 · Amount on Record
Deed Document Number202021001
Record UpdatedSep 20, 2026

June 2020: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionBLACK HAWK IA
Recording DateJun 1, 2020
Property Address804 RAINBOW DR, WATERLOO, IA 50701-1133
Document Number202000021001
Instrument DateMay 29, 2020
Instrument202000021001
Transaction TypeTransfer
Record UpdatedOct 20, 2023

Transaction

AmountAmount Recorded
Tax$55.20
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address2614 MCCLAIN DR, CEDAR FALLS, IA 50613-5646

Mortgage

Document Number202000021002
DateJun 1, 2020
Instrument202000021002
Lender
NameFARMERS STATE BANK
TypeBank
Agreement
TypeLine of Credit
AmountAmount Recorded
Term359 Months
DueMay 29, 2050

Tax Assessment & Valuation

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

Property Jurisdictions

TypeName
StateIowa
CountyBlack Hawk County
MunicipalityWaterloo City
Unified School DistrictWaterloo Community School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$1,026.00$35,190 (-) Land $27,350 Building $7,840$35,190 (-) Land $27,350 Building $7,840
2024$1,026.00 (+413%)
2023$35,190 (+285.86%) Land $27,350 Building $7,840$35,190 (+285.86%) Land $27,350 Building $7,840
2022$200.00$9,120 Land $9,120
2021$9,120 Land $9,120

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

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

FEMA Flood ZoneZone X
reduced by levee · depends on levee performance
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies2 in force
Nearby Flood Claims58 (1978–2016)
Most Recent ClaimSep 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

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

Wildfire RiskLow
lower than 99.1% of the US · lower than 91% of Iowa
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
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 273 locations within half a mile, as of December 31, 2025

ProviderMax 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

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