807 Rainbow Dr, Waterloo, IA 50701 Property Records

Black Hawk County property record for 807 Rainbow Dr, Waterloo, IA 50701

Property Summary

Property TypeWarehouse, Storage
Details704 sqft · built 1969
Lot Size0.823 acres (35,849 sqft)
OwnerCompany Name on File
Tax Bill$6,796 (2025)
Flood ZoneZone X (minimal risk)
APN8913-21-276-002

Property Details

APN / Parcel Number

Primary APN8913-21-276-002

Interior

Stories1 Story
Building Area704 sqft Gross Area
1st Floor Area3,424 sqft
FlooringCarpet
Interior WallsWallboard/Drywall
Overhead DoorOverhead Door

Exterior

Year BuiltBuilt 1969
Effective Year BuiltEffective 1969
Exterior MaterialMetal
Construction TypeFrame
Fire ResistanceFireproof Steel Frame
Roof MaterialMetal
Lot Area35,849 sqft (0.823 acres)
Total Buildings2 Buildings

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemForced Air with A/C
Heating FuelElectric

Location & Zoning

Street Address807 RAINBOW DR
CityWATERLOO
StateIA
Zip50701-1132
Property CategoryIndustrial
Property TypeIndustrial > Warehouse, Storage
Legal DescriptionAUDITOR WHITNEY ROAD PLAT WATERLOO PART OF LOTS 1 & 2 COM AT THE INTERS OF THE SLY LINE RAINBOW DR & SWLY ROW C R I & P RR TH
Legal Range13W
Legal Township89N
Legal Section21
Legal SubdivisionAUDITOR WHITNEY ROAD PLAT
Legal Lot Number1,2
JurisdictionBLACK HAWK IA
Township / Civil DivisionWATERLOO
Census Block Group3
Census Block3002
Census Tract1503

Owner

807 Rainbow Dr, an industrial property, is owned by a company.

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 RecordCompany Name on File
Mailing AddressPO BOX 66, WATERLOO, IA 50704-0066
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Record UpdatedOct 29, 2026

Tax Assessment & Valuation

The 2025 property tax bill for 807 Rainbow Dr was $6,796, down 10.1% from the year before.

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$6,796.00 (-10.08%)$240,550 Land $102,880 Building $137,670$240,550 Land $102,880 Building $137,670
2024$7,558.00
2023$254,540 (+8.26%) Land $102,880 Building $151,660$254,540 Land $102,880 Building $151,660
2022$6,372.00$235,110 Land $41,150 Building $193,960
2021$235,110 Land $41,150 Building $193,960

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

Flood

FEMA maps place 807 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 ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Claims1 (2013)
Claims Outside the SFHA1 of 1
Most Recent ClaimMay 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

The area around 807 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 RiskNot rated
no burnable land within ember reach

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 SystemWATERLOO WATER WORKS
serves 69,504 people · EPA ID IA0790074
Water SourceGroundwater
Last State InspectionNov 2023
Lead2 ppb (2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and ReportingNone
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 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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