NOT LISTED FOR SALE

1302 Rainbow Dr Waterloo, IA 50701

Estimated Value: $226,189 - $257,000

3 Beds
2 Baths
1,820 Sq Ft
$132/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $190,000 $104 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,569/month

Highlights

  • 2 Car Attached Garage
  • Central Air
  • Gas Fireplace

About This Home

As of April 2021

Located near trails, parks, recreational activities, shopping centers and more this home is sure to be the one you love! This 3 bedroom, 2 bathroom home features newer windows, siding and roof. The backyard is perfect for entertaining and has a custom brick oven to bake your pizza just the way you like! The possibilities are endless. Schedule your private showing today!

Last Agent to Sell the Property

Selvedina Nuhanovic

Vine Valley Real Estate License #S66341000 Listed on: 03/09/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,631

Year Built

  • Built in 1949

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 80x184
  • Additional Parcels
  • Property is zoned R-2

Parking

  • 2 Car Attached Garage

Home Design

  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding
  • Radon Mitigation System

Interior Spaces

  • 1,820 Sq Ft Home
  • Gas Fireplace
  • Living Room with Fireplace
  • Dishwasher
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Fred Becker Elementary School
  • Central Intermediate
  • East High School

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 891321126007

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,631

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Parcel Number: 891321126007
  • Year Built: 1949
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • Lot Size Acres: 0.338
  • Road Surface Type: Black Top
  • Co List Office Phone: 319-249-5468
  • MLS Status: Closed
  • Reso Fireplace Features: One, Gas, Living Room
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 1820
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Refrigerator
  • Basement: Block, Radon Mitigation System, Partially Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 680
  • BelowGradeArea: 1140

Exterior Features

  • Construction Type: Vinyl Siding

Garage/Parking

  • Parking Features: 2 Stall, Attached Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Fred Becker Elementary
  • High School: East High
  • Middle Or Junior School: Central Intermediate

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 80x184
  • Lot Size Sq Ft: 14720
  • Additional Parcels: Yes

Tax Info

  • Tax Annual Amount: 3631

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2021
Closed on
Apr 15, 2021
Sold by
Witt Taylor J and Witt Andjelka
Bought by
Thompson Garrison F
Seller's Agent
Selvedina Nuhanovic
Vine Valley Real Estate
List Price
$187,000
Sold Price
$190,000
Premium/Discount to List
$3,000
1.6%
Current Estimated Value
$233,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,090
Avg. Annual Appreciation
5.15%
Original Mortgage
$161,500
Outstanding Balance
$145,617
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$95,430

Purchase Details

Listed on
Sep 1, 2016
Closed on
Mar 30, 2017
Sold by
Benjamin Schradle
Bought by
Witt Taylor
Seller's Agent
Michele Henze
Lockard Realty Company
List Price
$189,900
Sold Price
$176,000
Premium/Discount to List
-$13,900
-7.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.90%
Original Mortgage
$158,400
Interest Rate
4.14%

Purchase Details

Closed on
Feb 9, 2015
Sold by
Sly Sarah J and Schradle Sarah J
Bought by
Schradle Benjamin P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,500
Interest Rate
3.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2013
Sold by
Openwater Properties Llp
Bought by
Schradle Benjamin P and Schradle Sarah J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,500
Interest Rate
3.39%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Thompson Garrison F $190,000 None Available
Witt Taylor -- --
Schradle Benjamin P -- None Available
Schradle Benjamin P $170,000 Title Services Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thompson Garrison F $161,500
Previous Owner Witt Taylor $158,400
Previous Owner Witt Taylor --
Previous Owner Schradle Benjamin P $25,500
Previous Owner Schradle Benjamin P $25,500
Previous Owner Schradle Benjamin P $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/16/2021 04/16/21 Sold $190,000 +1.6% $104 / Sq Ft
03/09/2021 03/09/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $187,000 +6.3% $103 / Sq Ft
03/23/2017 03/23/17 Sold $176,000 -7.3% $97 / Sq Ft View Prior Sale
02/02/2017 02/02/17 Pending -- -- --
09/01/2016 09/01/16 For Sale $189,900 -- $104 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $4,194 $227,960 $27,220 $200,740
2024 $4,194 $203,520 $27,220 $176,300
2023 $3,715 $203,520 $27,220 $176,300
2022 $3,508 $173,060 $27,220 $145,840
2021 $3,692 $173,060 $27,220 $145,840
2020 $3,632 $162,970 $21,380 $141,590
2019 $3,632 $162,970 $21,380 $141,590
2018 $2,950 $141,490 $21,380 $120,110
2017 $3,044 $141,050 $21,380 $119,670
2016 $3,002 $141,050 $21,380 $119,670
2015 $3,002 $141,050 $21,380 $119,670
2014 $3,060 $141,050 $21,380 $119,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20210837

Northeast Iowa Regional Board of REALTORS®

APN: 8913-21-126-007