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$168,800

Listing Price

3beds

1baths

1,183sqft

25,570sqft lot

2138 Rainbow Dr, Waterloo, IA 50701

Member Features

Find Real Estate Bargain!

  • Full foreclosure details

  • Home value, equity and ownership info

  • Find homes priced below market

  • Get full access with a FREE Account

Already a member?

For Sale

Off Market

Single Family

Home type

157.02

Price / sqft

1940

Year built

Home Details

Deal flipped due to financing. Check out this fantastic property.Welcome to this delightful 1 story home featuring 3 bedrooms and 1 bathroom, perfectly situated on a generous 0.59-acre lot in the Cedar Falls School district. Boasting a spacious fenced-in rear yard, this property offers ample space for outdoor activities, gardening, or simply enjoying the day. Step inside to a warm and inviting living room, perfect for relaxing. Other interior highlights include, The kitchen which is both functional and stylish, featuring ample cabinetry and counter space to meet all your culinary needs. All kitchen appliances are included, making this a truly move-in-ready home, hard wood flooring and a cozy dining area conveniently located off the kitchen, ideal for family meals. A detached 2-stall garage provides plenty of storage and parking space. Located in the Cedar Falls School District, this home is perfect for families looking for a peaceful retreat with easy access to local amenities. Furance new in 2010 and Water Heater brand new August 2024. Dont miss out on this wonderful opportunity!

Interior Details

Square Feet
  • 1183

Bedrooms
  • 3

Bathrooms
  • 1

Heating
  • Has Heating:

    Yes

  • Heating Type:

    Yes

Cooling
  • Has Cooling:

    Yes

  • Cooling Type:

    Central

Fuel
  • Has Fuel:

    No

  • Fuel Type:

    N/A

Basement
  • Has Basement:

    No

  • Basement Type:

    Finished

Flooring
  • Has Flooring:

    No

  • Flooring Type:

    Carpet

Fireplace
  • Has Fireplace:

    Yes

  • Fireplace Type:

    N/A

Property Details

Lot Size
  • 25570

Water
  • No

Sewer
  • No

Parking
  • Type:

    Garage, Detached

  • Location:

    N/A

  • Status:

    N/A

  • Number of Spaces:

    2

Deck
  • N/A

Patio
  • N/A

Fence
  • N/A

Pool
  • N/A

Porch
  • N/A

Stoop
  • N/A

Breezeway
  • N/A

Construction Details

Number of Stories
  • 1

Style
  • N/A

Exterior
  • Aluminum Siding

Foundation
  • N/A

Roof
  • Gable

Roofing Material
  • Asphalt

Tax History

Year

Amount

Land

Improvement

Percent Change

Assessment

2018

$2,234

$33,080

$75,740

--%

$108,820

2018

$2,234

$33,080

$75,740

--%

$108,820

2018

$2,234

$33,080

$75,740

--%

$108,820

2017

$2,196

$33,080

$75,740

--%

$108,820

2015

$2,124

$33,080

$75,740

--%

$108,820

percent-home-icon

Average Home Price in 50701

Nearby Properties

Zip Code

Price

Bed

Bath

Sqft

Lot

Sold Date

$250,483

3 Beds

2.5 Baths

1,308 Sqft

16,000 Lot (sqft)

Sold 07/25/2026

$179,792

3 Beds

1 Baths

1,120 Sqft

22,800 Lot (sqft)

Sold 10/18/2026

$234,900

3 Beds

2 Baths

1,084 Sqft

10,230 Lot (sqft)

Sold 10/17/2026

$262,793

4 Beds

2.5 Baths

1,242 Sqft

15,000 Lot (sqft)

Sold 10/13/2026

$168,800

3 Beds

1 Baths

1,183 Sqft

25,570 Lot (sqft)

Sold 09/29/2026

$204,452

3 Beds

1 Baths

1,196 Sqft

14,976 Lot (sqft)

Sold 10/13/2026

$302,588

3 Beds

2 Baths

1,244 Sqft

13,500 Lot (sqft)

Sold 10/18/2026

$210,300

3 Beds

2.5 Baths

1,040 Sqft

11,471 Lot (sqft)

Sold 10/13/2026

$254,000

1 Beds

2 Baths

1,246 Sqft

7,700 Lot (sqft)

Sold 10/18/2026

percent-home-icon

Calculators

Mortgage

Mortgage Calculator

Calculate your monthly mortgage payments.
Household Income
70,000
$
Home price
168,800
$
Down payment
33,760
$
Mortgage Rate
6.5
%
Loan Term
Property Tax Rate
1.1
%
Homeowner's Insurance (Annual)
1,012.80
$
HOA (Monthly)
0
$
PMI
0
$
$1,093
Your Payment
Total Monthly Payment:$1,093
Percent of Income:19%
Affordable:Yes

Details for 2138 RAINBOW DR

Property Debt

Foreclosure Contact Details