NOT LISTED FOR SALE

1023 Rainbow Dr Cedar Falls, IA 50613

Estimated Value: $182,000 - $219,000

3 Beds
2 Baths
1,412 Sq Ft
$139/Sq Ft Est. Value

Last Sold October 01, 2021

Last sale price $179,000 $127 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,203/month

5 Days on Market

About This Home

As of October 2021

Take a look at this completely updated home from top to bottom. Modern touches throughout with hints of country. You will love the open layout where comfort abounds. 3 bedrooms with one that leads straight out to a patio for entertaining all your friends and family. Newer oversized 2 stall garage for all your toys. Roof, furnace and air new in 2019, water heater in 2018. Don't miss out on this gem right in the middle of Cedar Falls.

Last Agent to Sell the Property

Gordon Sorensen

RE/MAX Concepts - Cedar Falls License #B59768000 Listed on: 08/10/2021

Co-Listed By

Tad Ritter

RE/MAX Concepts - Cedar Falls License #S67788000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,790

Year Built

  • Built in 1940

Lot Details

  • 6,272 Sq Ft Lot
  • Lot Dimensions are 49 x 128

Parking

  • 2 Car Garage

Home Design

  • 1,412 Sq Ft Home
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Kitchen

  • Free-Standing Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Cedar Heights Elementary School
  • Peet Junior High
  • Cedar Falls High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 891318158005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,790

Year Built

Built in 1940

Lot Details

6,272 Sq Ft Lot

Listing Details

  • Parcel Number: 891318158005
  • Year Built: 1940
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • Lot Size Acres: 0.14
  • Road Surface Type: Concrete
  • Co List Office Mls Id: NBR92
  • Co List Office Phone: 319-266-7100
  • Co List Office Phone: 319-266-7100
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 1412
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Disposal, Free-Standing Range, Refrigerator
  • Basement: Block
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 706
  • BelowGradeArea: 706

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: 2 Stall

Utilities

  • Cooling: Central Air
  • Heating: Gas
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Cedar Heights Elementary
  • High School: Cedar Falls High
  • Middle Or Junior School: Peet Junior High

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 49 x 128
  • Lot Size Sq Ft: 6272
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 1790

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2021
Closed on
Sep 24, 2021
Sold by
Hoffa Hannah J
Bought by
Lake Kerry A
Seller's Agent
Gordon Sorensen
RE/MAX Concepts - Cedar Falls
List Price
$184,900
Sold Price
$179,000
Premium/Discount to List
-$5,900
-3.19%
Current Estimated Value
$196,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,429
Avg. Annual Appreciation
2.10%
Original Mortgage
$173,630
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 14, 2019
Closed on
Dec 9, 2019
Sold by
Halsch Patrick and Halsch Becky
Bought by
Hoffa Hannah J
Seller's Agent
Elliott Halsch
Lockard Realty Company
List Price
$174,900
Sold Price
$170,000
Premium/Discount to List
-$4,900
-2.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.89%
Original Mortgage
$17,000
Interest Rate
3.6%
Mortgage Type
Unknown

Purchase Details

Closed on
May 15, 2018
Sold by
Probert Joyce K
Bought by
Halsch Partrick and Halsch Becky
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lake Kerry A $179,000 None Listed On Document
Lake Kerry A $179,000 None Listed On Document
Lake Kerry A $179,000 Title Services
Hoffa Hannah J $170,000 None Available
Halsch Partrick $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lake Kerry A $173,630
Previous Owner Hoffa Hannah J $17,000
Previous Owner Hoffa Hannah J $153,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2021 10/01/21 Sold $179,000 -3.2% $127 / Sq Ft
08/15/2021 08/15/21 Pending -- -- --
08/10/2021 08/10/21 For Sale $184,900 +8.8% $131 / Sq Ft
12/09/2019 12/09/19 Sold $170,000 +0.1% $130 / Sq Ft View Prior Sale
10/26/2019 10/26/19 Pending -- -- --
09/01/2019 09/01/19 Price Changed $169,900 -2.9% $130 / Sq Ft
08/14/2019 08/14/19 For Sale $174,900 -- $134 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,042 $154,280 $17,820 $136,460
2024 $2,042 $137,080 $17,820 $119,260
2023 $1,924 $137,080 $17,820 $119,260
2022 $1,946 $113,130 $17,820 $95,310
2021 $1,826 $113,130 $17,820 $95,310
2020 $1,790 $98,090 $15,450 $82,640
2019 $1,790 $98,090 $15,450 $82,640
2018 $1,756 $103,770 $15,450 $88,320
2017 $1,798 $103,770 $15,450 $88,320
2016 $1,680 $103,770 $15,450 $88,320
2015 $1,680 $103,770 $15,450 $88,320
2014 $1,628 $99,750 $15,450 $84,300
Source: Public Records

Agents Affiliated with this Home

  • Gordon Sorensen

    Seller's Agent in 2021

    Gordon Sorensen

    RE/MAX

    (319) 269-1164

    76 in this area

    170 Total Sales

    Gordon Sorensen
    Section Image
  • Tad Ritter

    Seller Co-Listing Agent in 2021

    Tad Ritter

    RE/MAX

    (319) 231-0880

    14 in this area

    48 Total Sales

    Tad Ritter
    Section Image

  • E

    Seller's Agent in 2019

    Elliott Halsch

    Lockard Realty Company

    Section Image

  • D

    Seller Co-Listing Agent in 2019

    Dalyn Maxson

    Oakridge Real Estate

    Section Image
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20213826

Northeast Iowa Regional Board of REALTORS®

APN: 8913-18-158-005

Iowa Black Hawk County Cedar Falls 50613

1023 Rainbow Dr, Cedar Falls, IA

Not Listed for Sale

Detached

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Northeast Iowa Regional Board of REALTORS® Based on information submitted to the MLS GRID. 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. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Based on information submitted to the MLS GRID

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