NOT LISTED FOR SALE

1313 Rainbow Dr Waterloo, IA 50701

Estimated Value: $197,000 - $230,684

3 Beds
1 Bath
2,344 Sq Ft
$91/Sq Ft Est. Value

Last Sold December 09, 2019

Last sale price $101,500 $43 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,436/month

32 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Ceiling Fan

About This Home

As of December 2019

New price!!! Be sure to check out this home that was built in 1960. Just listed this 3 bedroom split foyer with over 2300 sq feet of finished living space. Newer mechanicals include furnace in 2016, shingles in 2013 and a Bathroom remodel that has a walk in tub. You will be greeted at the front steps by the calming sounds of water cascading in the small pond. Once inside, you will appreciate the large livingroom, kitchen open diningroom concept and rear familyroom overlooking the rear yard. Immediate possession, some tlc is needed on this one but so worth the elbow grease. Priced well below city assessed value. Hurry wont last long.

Last Agent to Sell the Property

Sandy Stuber,ABR

RE/MAX Concepts - Cedar Falls License #B40717 Listed on: 09/24/2019

RE/MAX Concepts - Cedar Falls

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 80x200
  • Property is zoned R-2

Home Design

  • Block Foundation
  • Asphalt Roof
  • Masonite

Interior Spaces

  • 2,344 Sq Ft Home
  • Ceiling Fan
  • Fire and Smoke Detector
  • Laundry on upper level
  • Partially Finished Basement

Kitchen

  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 891321128003

Home Details

Home Type

Single Family

Year Built

Built in 1960

Lot Details

0.37 Acres

Listing Details

  • Parcel Number: 891321128003
  • Year Built: 1960
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: 2nd Floor
  • Lot Size Acres: 0.367
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-266-7100
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 2344
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Dishwasher, Trash Compactor
  • Basement: Block, Partially Finished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 500
  • BelowGradeArea: 1000

Exterior Features

  • Construction Type: Masonite

Garage/Parking

  • Parking Features: 2 Stall, Attached Garage, Garage Door Opener

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Water Source: City

Schools

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

Lot Info

  • Zoning: R-2
  • Lot Dimensions: 80x200
  • Lot Size Sq Ft: 16000
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 3490

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2019
Closed on
Dec 6, 2019
Sold by
Tuve Robert J
Bought by
Sasse Aaron D
Seller's Agent
Sandy Stuber,ABR
RE/MAX Concepts - Cedar Falls
List Price
$120,000
Sold Price
$101,500
Premium/Discount to List
-$18,500
-15.42%
Current Estimated Value
$213,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,921
Avg. Annual Appreciation
12.65%
Original Mortgage
$97,700
Outstanding Balance
$85,951
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$127,470

Purchase Details

Closed on
Oct 16, 2009
Sold by
Tuve Stanley and Tuve Jeanne M
Bought by
Tuve Jeanne M and Trust Agreement Created By Jeanne M

Purchase Details

Closed on
Sep 28, 2009
Sold by
Tuve Jeanne M
Bought by
Tuve Stanley and Tuve Jeanne M
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
Sasse Aaron D $101,500 Misc Company
Tuve Jeanne M -- Black Hawk County Abstract &
Tuve Stanley -- Black Hawk County Abstract &
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sasse Aaron D $97,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2019 12/09/19 Sold $101,500 +2.5% $43 / Sq Ft
10/26/2019 10/26/19 Pending -- -- --
10/21/2019 10/21/19 Price Changed $99,000 -17.5% $42 / Sq Ft
09/24/2019 09/24/19 For Sale $120,000 -- $51 / 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 $4,038 $216,810 $31,080 $185,730
2024 $4,038 $196,370 $31,080 $165,290
2023 $2,888 $196,370 $31,080 $165,290
2022 $2,786 $140,410 $31,080 $109,330
2021 $2,620 $139,290 $31,080 $108,210
2020 $3,290 $156,490 $24,420 $132,070
2019 $3,290 $156,490 $24,420 $132,070
2018 $3,490 $156,490 $24,420 $132,070
2017 $3,324 $156,490 $24,420 $132,070
2016 $3,276 $156,490 $24,420 $132,070
2015 $3,276 $156,490 $24,420 $132,070
2014 $3,180 $149,530 $24,420 $125,110
Source: Public Records

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20195231

Northeast Iowa Regional Board of REALTORS®

APN: 8913-21-128-003

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