1712 Rainbow Dr, Waterloo, IA 50701
Property image
Property image
SOLD
MAR 13, 2026

$202,500

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,514 sqft (on 0.28 acres)

1712 Rainbow Dr, Waterloo, IA 50701

Refinance Your Home
Currently Off Market - Sold Mar 13, 2026 for $198,500 (7% above list price)

Home Value

Trulia Estimate
$203K
Since last month
Increased$2K (+0.7%)
Since last year
Increased$7K (+3.8%)
Since last sale
Increased$5K (+2.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +58% in the last 10 years
MonthEstimated value
2026
September 2026$203K
August 2026$203K
July 2026$202K
June 2026$199K
May 2026$199K
April 2026$198K
March 2026$198K
February 2026$185K
January 2026$188K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1817 Rainbow Dr, Waterloo, IA
0.11
Single-Family Home
$224,900
12/22/25
4
2
1,512
206 S Hackett Rd, Waterloo, IA
0.14
Single-Family Home
$218,000
08/07/26
3
2
1,950
1823 Rainbow Dr, Waterloo, IA
0.12
Single-Family Home
$190,000
10/15/25
3
2
1,198
1918 Castle St, Waterloo, IA
0.22
Single-Family Home
$160,000
09/29/25
3
1.5
1,642
1946 Rainbow Dr, Waterloo, IA
0.24
Single-Family Home
$254,900
05/14/26
3
2
1,456
131 Niagara Dr, Waterloo, IA
0.17
Single-Family Home
$216,000
05/18/26
3
2
1,596
137 Vera Dr, Waterloo, IA
0.29
Single-Family Home
$224,900
05/14/26
3
2.5
1,640
149 Vera Dr, Waterloo, IA
0.29
Single-Family Home
$196,000
07/09/26
3
1.5
1,224
313 Westbourne Rd, Waterloo, IA
0.25
Single-Family Home
$230,000
02/20/26
3
2
2,107

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
234 Desoto Ave, Waterloo, IA 50701
0.07
$227,500
3
2
1,702
Off Market
1720 Rainbow Dr, Waterloo, IA 50701
0.01
$207,000
3
2
1,748
Off Market
255 Desoto Ave, Waterloo, IA 50701
0.05
$162,800
1
1
1,350
Off Market
211 Desoto Ave, Waterloo, IA 50701
0.07
$139,400
2
1
920
Off Market
216 Desoto Ave, Waterloo, IA 50701
0.09
$188,400
2
1
1,488
Off Market
133 Desoto Ave, Waterloo, IA 50701
0.08
$187,000
2
1.5
1,662
Off Market
208 Desoto Ave, Waterloo, IA 50701
0.10
$200,000
2
1
1,504
Recently Sold
1723 Rainbow Dr, Waterloo, IA 50701
0.04
$227,200
2
1.5
1,366
Off Market
111 Desoto Ave, Waterloo, IA 50701
0.08
$186,500
3
1
1,008
Recently Sold
132 Desoto Ave, Waterloo, IA 50701
0.11
$295,000
3
2
1,944
Recently Sold
203-205 N Hackett Rd, Waterloo, IA 50701
0.11
$275,575
4
2
2,880
Recently Sold

Local Information

  • Map ViewExplore the area around 1712 Rainbow Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1966
0.28 acre lot
1,514 sqft
$131/sqft
1 Parking Spaces

About this House

FULLY PAID FOR SOLAR PANELS! Enjoy exceptionally affordable living in this well-maintained ranch-style home, built in 1966 and thoughtfully updated with a newer metal roof and owned solar panels—no lease, no payments. Offering approximately 1,514 square feet of finished living space, this home features 3 bedrooms and 1.75 bathrooms with a comfortable, functional layout. Situated on a desirable walk-out lot, the property sits on nearly 1/3 acre and includes a fully fenced backyard—perfect for entertaining, pets, or gardening. The partially finished basement provides additional flexible living space ideal for a family room, home office, or recreation area. A single-stall garage adds convenience, while the generous lot size and private setting offer room to enjoy both indoors and out. This home is a great opportunity for efficient living with space, updates, and long-term savings already built in. *All measurements to be verified by buyers
1712 Rainbow Dr, Waterloo, IA 50701 is a 3 bedroom, 2 bathroom, 1,514 sqft single-family home built in 1966. It last sold for $198,500 on Mar 13, 2026 (7% above the $185,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $202,500, with a rent estimate of $1,556/month.
Last check for updates: about 3 hours ago
Listed by Justin Reuter, (319) 939-5112
Oakridge Real Estate
Bought with: Chase Lyons, (319) 939-7334, Oakridge Real Estate
Source: Northeast Iowa Regional BOR as distributed by MLS GRID, MLS#20260552

Home Details for 1712 Rainbow Dr

Interior Features

Interior Details
Basement: BlockNumber of Rooms: 3
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 1514 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Disposal, Microwave Built In, Free-Standing Range, RefrigeratorDishwasherDisposalRefrigerator
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Fireplace: NoneNo Fireplace
Security
Security: Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: AsphaltFencing: Fenced
Parking & Garage
Number of Carport Spaces: 1Number of Covered Spaces: 1Parking Spaces: 1Parking: 1 Stall
Frontage
Road Surface Type: Concrete
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (below surface): 450 Square Feet

Days on Market

Cumulative Days on Market: 1

Property Information

Year Built
Year Built: 1966
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Vinyl SidingNo Additional Parcels
Property Information
Parcel Number: 891316352024

Price & Status

Price
List Price: $185,000Price Per Sqft: $131/sqft
Status Change & Dates
Off Market Date: Wed Feb 11 2026

Active Status

MLS Status: Closed

Media

Location

Direction & Address
City: Waterloo
School Information
Elementary School: Fred Becker ElementaryJr High / Middle School: CentralHigh School: East High

Lot Information

Lot Area: 0.28 acres

Listing Info

Special Conditions: Standard

Miscellaneous

BasementMls Number: 20260552

Price and Tax history

DateEventPrice
Mar 13, 2026
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20260552
Sold
$198,500
Feb 12, 2026
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20260552
Pending
$185,000
Feb 10, 2026
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20260552
Listed For Sale
$185,000
Dec 12, 2011
Source: N/A
Sold
$110,000
Oct 23, 2011
Source: Agent Provided
Pending
$109,900

Market trends in Waterloo

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$188K
$6KMoM
Sale-to-List Price
99.0%
0.1%MoM
Price per sq ft
$122
$3MoM
Available listings
257
15MoM

Around this home

What Locals Say about Waterloo

At least 264 Trulia users voted on each feature.

  • 89 % Say car is needed

  • 83 % Say yards are well-kept

  • 80 % Say parking is easy

  • 77 % Say it's dog friendly

  • 70 % Say there's holiday spirit

  • 66 % Say kids play outside

  • 64 % Say there are sidewalks

  • 48 % Say it's quiet

  • 47 % Say neighbors are friendly

  • 47 % Say people would walk alone at night

  • 44 % Say streets are well-lit

  • 42 % Say there's wildlife

  • 42 % Say they plan to stay for at least 5 years

  • 33 % Say it's walkable to grocery stores

  • 29 % Say it's walkable to restaurants

  • 20 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.

LGBTQ Local Legal Protections

IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Based on information submitted to the MLS GRID as of 2026-09-15 13:52:34 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

Frequently asked questions about 1712 Rainbow Dr

  • What is 1712 Rainbow Dr estimated to be worth?
    Trulia's estimated value for 1712 Rainbow Dr in Waterloo, IA is $202,500.
  • What is the price history for 1712 Rainbow Dr?
    1712 Rainbow Dr in Waterloo, IA last sold for $198,500 in March 2026.
  • Is Waterloo a buyer's or seller's market?
    Waterloo is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Waterloo?
    The median sale price in Waterloo is $188K. That is down $6K from the prior month.
  • Does 1712 Rainbow Dr have air conditioning?
    Yes, 1712 Rainbow Dr in Waterloo, IA has air conditioning.
  • Does 1712 Rainbow Dr have a yard?
    Yes, 1712 Rainbow Dr in Waterloo, IA has a yard.

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