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848 Rainbow Dr, Waterloo, IA 50701 Property Records

Black Hawk County property record for 848 Rainbow Dr, Waterloo, IA 50701 · Last verified June 2026

Property Summary

Property TypeManufacturing (Light)
Details2,100 sqft · built 1951
Lot Size0.159 acres (6,935 sqft)
OwnerCompany Name on File
Last Sale$300,000 (Jan 2014)
Tax Bill$1,676 (2025)
Deeds & MortgagesNov 2018 Mortgage
Flood ZoneZone X (reduced by levee)
APN8913-21-227-016

Property Details

APN / Parcel Number

Primary APN8913-21-227-016
Alternative APN
  • 891321227004

Interior

Stories1 Story
Building Area2,100 sqft Gross Area
1st Floor Area2,100 sqft
Basement Area1,500 sqft
Unfinished Basement1,500 sqft
FlooringCeramic Tile
Interior WallsUnfinished
Overhead DoorOverhead Door

Exterior

Year BuiltBuilt 1951
Effective Year BuiltEffective 1951
Exterior MaterialConcrete Block
Construction TypeConcrete Block
Fire ResistanceFireproof Steel Frame
Roof MaterialTar & Gravel
Lot Area6,935 sqft (0.159 acres)

Utilities, Heating & Cooling

Cooling SystemHVAC
Heating SystemForced Air with A/C

Location & Zoning

Street Address848 RAINBOW DR
CityWATERLOO
StateIA
Zip50701-1133
Property CategoryIndustrial
Property TypeIndustrial > Manufacturing (Light)
Legal DescriptionPATTISONS SUBDIVISION OF PART OF LOT NO 1 IN AUDITOR WHITNEY ROAD PLAT PART OF LOT 7 COM AT NE COR LOT 7 RUNNING TH W ALONG A
Legal Range13W
Legal Township89N
Legal Section21
Legal SubdivisionPATTISONS SUBDIVISION
Legal Lot Number7,8
JurisdictionBLACK HAWK IA
Township / Civil DivisionWATERLOO
Census Block Group2
Census Block2014
Census Tract1503

Owner

Source: Black Hawk County records · APN 8913-21-227-016

Assessment roll updated October 17, 2025 · Last verified June 2026

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

Owner of RecordCompany Name on File
Mailing Address848 RAINBOW DR, WATERLOO, IA 50701-1133
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleJan 10, 2014 · Amount on Record
Deed SaleJan 10, 2014 · Amount on Record
Prior SaleJul 29, 2009 · Amount on Record
Deed Document Number201413600
Prior Transfer DateJul 28, 2009
Prior Transfer Doc2010002185
Record UpdatedSep 20, 2026

November 2018: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionBLACK HAWK IA
Recording DateNov 06, 2018
Property Address848 RAINBOW DR, WATERLOO, IA 50701-1133
Document Number201900007374
Instrument DateJan 15, 2018
Instrument201900007374
Transaction TypeTransfer
Record UpdatedAug 09, 2022

Transaction

Tax$0.00
Amount AccuracyNo Consideration Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address848 RAINBOW DR, WATERLOO, IA 50701-1133

Mortgage

Document Number201900007376
DateNov 06, 2018
Instrument201900007376
Lender
NameFARMERS STATE BANK
TypeBank
Agreement
AmountAmount Recorded

Tax Assessment & Valuation

Source: Black Hawk County records · Assessment roll updated October 17, 2025 · Last verified June 2026

Property Jurisdictions

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

Tax Bill & Assessment History

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

YearTax BillAssessed ValueAssessed Market Value
2025$1,676.00$99,800 (+29.24%) Land $20,810 Building $78,990$99,800 (+29.24%) Land $20,810 Building $78,990
2024$1,676.00 (+24.15%)
2023$77,220 (+25.66%) Land $20,810 Building $56,410$77,220 (+25.66%) Land $20,810 Building $56,410
2022$1,350.00$61,450 Land $8,670 Building $52,780
2021$61,450 Land $8,670 Building $52,780

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Black Hawk County (19013C), updated September 27, 2026 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 190130015032, refreshed September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
Special Flood Hazard AreaNo
Flood HazardReduced by levee
depends on levee performance
500-Year FloodplainNo
Nearby Flood Policies2 in force
Nearby Flood Claims58 (1978–2016)
Most Recent ClaimSep 2016, river or lake flooding, Severe Storms And Flooding
Claims By Storm
  • Severe Storms And Flooding, Sep 2016 · 5 claims
  • Severe Storms, Tornadoes, And Flooding, Jun 2008 · 11 claims
  • Severe Storms & Flooding, Aug 1993 · 12 claims

Wildfire

Wildfire RiskNot rated
no burnable land in reach
Wildfire LikelihoodNegligible
ExposureNone
beyond ember reach

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.

Internet Providers

Source: FCC Broadband Data Collection, availability as of December 31, 2025 · Published October 2026 · based on 273 locations within about half a mile of this property

ProviderTechnologyDownload / Upload (Mbps)
Metronet HoldingsFiber5,120 / 5,120
Mediacom CommunicationsCable1,000 / 50
VerizonFixed Wireless300 / 20
LTD BroadbandFixed Wireless (licensed-by-rule)150 / 130
AT&TFixed Wireless100 / 20
T-Mobile USAFixed Wireless100 / 20
AMG Technology Investment GroupFixed Wireless (unlicensed)100 / 20

Availability varies by address; speeds are provider-advertised maximums, not measured.

Mobile Coverage

5G and 4G LTE

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