1935 Rainbow Dr, Waterloo, IA 50701
Property image
Property image
OFF MARKET

$314,900

Last sold price
  • 3 Beds
  • 3.5 Baths
  • 1,887 sqft (on 0.48 acres)

1935 Rainbow Dr, Waterloo, IA 50701

Currently Off Market - Sold Dec 23, 2024 for $314,900

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

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
131 Niagara Dr, Waterloo, IA
0.08
Single-Family Home
$216,000
05/18/26
3
2
1,596
1946 Rainbow Dr, Waterloo, IA
0.05
Single-Family Home
$254,900
05/14/26
3
2
1,456
137 Vera Dr, Waterloo, IA
0.09
Single-Family Home
$224,900
05/14/26
3
2.5
1,640
2151 Grand Blvd, Waterloo, IA
0.26
Single-Family Home
$400,000
03/20/26
4
3.5
2,692
206 S Hackett Rd, Waterloo, IA
0.19
Single-Family Home
$218,000
08/07/26
3
2
1,950
132 Desoto Ave, Waterloo, IA
0.32
Single-Family Home
$295,000
08/06/26
3
2
1,944
1817 Rainbow Dr, Waterloo, IA
0.11
Single-Family Home
$224,900
12/22/25
4
2
1,512
108 Helen Rd, Waterloo, IA
0.16
Single-Family Home
$287,500
04/02/26
4
3
2,652
2009 Wembley Rd, Waterloo, IA
0.37
Single-Family Home
$310,000
03/20/26
3
3
2,240
3709 Cadillac Dr, Waterloo, IA
0.29
Single-Family Home
$198,000
02/06/26
3
1
1,996

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
1913 Rainbow Dr, Waterloo, IA 50701
0.04
$190,900
2
2
1,424
Off Market
1946 Rainbow Dr, Waterloo, IA 50701
0.05
$254,900
3
2
1,456
Recently Sold
2001 Rainbow Dr, Waterloo, IA 50701
0.04
$184,300
3
1
1,141
Off Market
131 Niagara Dr, Waterloo, IA 50701
0.08
$216,000
3
2
1,596
Recently Sold
2007 Rainbow Dr, Waterloo, IA 50701
0.04
$181,800
3
1
1,255
Off Market
1823 Rainbow Dr, Waterloo, IA 50701
0.09
$195,500
3
2
1,198
Off Market
1817 Rainbow Dr, Waterloo, IA 50701
0.11
$224,900
4
2
1,512
Recently Sold
145 Lobdell Rd, Waterloo, IA 50701
0.11
$196,700
3
2
2,060
Off Market
150 Lobdell Rd, Waterloo, IA 50701
0.11
$124,200
2
1
720
Off Market
203-205 N Hackett Rd, Waterloo, IA 50701
0.13
$275,575
4
2
2,880
Recently Sold
137 Vera Dr, Waterloo, IA 50701
0.09
$224,900
3
2.5
1,640
Recently Sold

Local Information

  • Map ViewExplore the area around 1935 Rainbow Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2018
0.48 acre lot
1,887 sqft
2 Car Garage

About this House

Welcome to this beautifully designed modern home, offering the perfect balance of sophistication and comfort! Nestled in a desirable neighborhood, this home boasts sleek, contemporary architecture with modern finishes throughout. Open the front door into an expansive living room with an open floor plan, ideal for entertaining and everyday living. This flows into the sun-drenched kitchen with stainless steel appliances, quartz countertops, and a large central island. From there, the dining space leads out to a nice-sized deck that overlooks a spacious backyard nestled in nature. A half bathroom and an oversized, double-stall garage rounds off the main level. Upstairs, you will find two generously-sized bedrooms, including a luxurious primary suite with a spa-like en-suite which features a steam shower and walk-in closet. The second level also includes a full bathroom and laundry room for your convenience. Heading down to the lower level, you will find a beautiful finished living space, third bedroom, and another full bathroom. Featuring a steel roof, this almost new home provides the low maintenance of a newer home without the new build costs. Don’t miss your chance to make this beautiful property your own!
1935 Rainbow Dr, Waterloo, IA 50701 is a 3 bedroom, 3 bathroom, 1,887 sqft single-family home built in 2018. It last sold for the $314,900 asking price on Dec 23, 2024. This property is not currently displayed as for sale or rent on Trulia.
Last check for updates: about 19 hours ago
Listed by Amy Wienands, (319) 269-2477
AWRE, EXP Realty, LLC
Aimee Allan, (515) 450-6423
AWRE, EXP Realty, LLC
Bought with: Haley Andersen, (319) 243-5654, Structure Real Estate
Source: Northeast Iowa Regional BOR as distributed by MLS GRID, MLS#20245039

Home Details for 1935 Rainbow Dr

Interior Features

Interior Details
Basement: Partially FinishedNumber of Rooms: 6Types of Rooms: Dining Room, Kitchen, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (three quarters): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1887 Square Feet
Heating & Cooling
Heating: Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Fireplace: NoneNo Fireplace

Exterior Features

Exterior Home Features
Roof: Steel
Parking & Garage
Number of Carport Spaces: 2Number of Covered Spaces: 2GarageHas an Attached GarageParking Spaces: 2Parking: 2 Stall,Attached Garage,Heated Garage
Frontage
Road Surface Type: Concrete
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (below surface): 535 Square Feet

Property Information

Year Built
Year Built: 2018
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Vinyl SidingNo Additional Parcels
Property Information
Parcel Number: 891317477027

Price & Status

Price
List Price: $314,900
Status Change & Dates
Off Market Date: Mon Nov 11 2024

Active Status

MLS Status: Closed

Location

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

Building

Building Details
Builder Name: LGC

Lot Information

Lot Area: 0.48 acres

Listing Info

Special Conditions: Standard

Miscellaneous

BasementMls Number: 20245039

Price and Tax history

DateEventPrice
Dec 23, 2024
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20245039
Sold
$314,900
Nov 12, 2024
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20245039
Pending
$314,900
Nov 11, 2024
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20245039
Listed For Sale
$314,900

Market trends in Waterloo

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$194K
$6KMoM
Sale-to-List Price
99.1%
0.1%MoM
Price per sq ft
$126
$0MoM
Available listings
242
5MoM

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.
  • Misslindsayb
    "Centrally located, traffic can be heavy/frustrating. You can make good time if you hit the stoplights just right, which is hard to do most days. "
    0
    Flag
  • Susanward13
    "Consider this a safe neighborhood and there are lots of kids living here. A policeman lives on the street."
    0
    Flag
  • Jovanti Rucker
    "It is very busy most of the time the light are a headache. They’re a lot of lights to go through to get to where I need to go."
    0
    Flag
  • Dontreal3
    "It’s ok. It’s not the worst but it’s also not the best. "
    0
    Flag
  • Trulia User
    "Peacefully quiet neighborhood. neighbors keep to themselves mostly. Alot of dogs throughout the whole area, which is nice to know, it's a pet friendly area to live in. "
    4
    Flag
  • Trulia User
    "I’ve lived here for years mostly everybody that lives in the neighborhood is really nice & friendly but I live with my dad & trying to find my own apartment right now. "
    4
    Flag
  • Susan.wirtjes
    "This is a safe and friendly neighborhood. Kids play outside. We are close to good schools. Shopping is close by. "
    8
    Flag
  • Dominique K. .
    " The community is really good if you get into people like that. There is not a lot to do around here unless you have money. There are a lot of trains around. People have dogs around here a lot and I hear gunshots a lot. I grew up here so I don’t find it very exciting. Most people got to work come home and stay away from each other. "
    2
    Flag
  • Tali S.
    "Very quiet neighborhood other than the occasional car driving by & faint sound of trains. Great neighbors, mostly homeowners with kids & elderly."
    1
    Flag
  • Lache S.
    "... I don’t know I been here only a year and aside from the bad I seen few good most people stay to they self "
    0
    Flag
  • Holly W.
    "schools are over crowded and children are often let slip through the cracks in the education system here "
    1
    Flag
  • Charles A.
    "15 minutes to work. Waterloo is easy to get around and not a lot of traffic .... zzzz xxdrc then. Gyyhbb"
    1
    Flag
  • Lamont S.
    "Lots of retirees here now. Mixed bag for the rest. I had seen several first time owners buying in. Plenty of remodeling and renovations going on now too."
    4
    Flag
  • Trulia User
    "it has some nice people, with sketchy people mixed in. it's too loud with harleys speeding hard through here and people thumping music too loud at all hours. I would not recommend this neighborhood to a young professional person. "
    0
    Flag
  • Kimmy21920
    "Convenient location and traffic is not as congested as the big city. Used to be a great place, but not so much anymore."
    1
    Flag
  • Mkesterson79
    "Listening to gun shots and train whistles at night to fall asleep to. Creates a uniquely unpleasant experience. "
    0
    Flag
  • Trulia User
    "Would love a dog park close by, or even respectful owners who pick up after their dog when they walk them"
    6
    Flag
  • Chris Wright
    "I lived in neighborhood for ten years as a kid, I always love the area, would love to own a house in that again, hope in very near future."
    1
    Flag
  • Mary Sue Adams
    "Safe streets, quality neighbors,clean, near a park,rural feeling- plenty of room between everyone. Lots of family and open spaces, but still near shopping and eats."
    3
    Flag
  • Kathy Cox White Dickerson
    "I moved to this neighborhood last summer and love it. I feel safe and secure,and neighbors are very nice."
    0
    Flag
  • Aley S.
    "Is a small neighborhood and quite and seems like a very lovely place to have a family and there are a lot of kid in the neighborhood "
    2
    Flag
  • Aschot12
    "It's better than north Waterloo for crime and lots of shade trees. It's nice to be near to 4th street for convenience even with traffic noise. "
    0
    Flag

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 2026-09-09 11:27:26 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 1935 Rainbow Dr

  • What is the price history for 1935 Rainbow Dr?
    1935 Rainbow Dr in Waterloo, IA last sold for $314,900 in December 2024.
  • Is Waterloo a buyer's or seller's market?
    Waterloo is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Waterloo?
    The median sale price in Waterloo is $194K. That is up $6K from the prior month.
  • What do residents say about Waterloo?
    Residents describe Waterloo, IA as well-kept, easy to park in, and dog-friendly. Most residents say you need a car. See recently sold homes in Waterloo, IA.
  • Does 1935 Rainbow Dr have air conditioning?
    Yes, 1935 Rainbow Dr in Waterloo, IA has air conditioning.
  • How big is the lot at 1935 Rainbow Dr?
    The lot at 1935 Rainbow Dr in Waterloo, IA is about 0.48 acres (20,909 sq ft).

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