NOT LISTED FOR SALE

1421 Rainbow Dr Cedar Falls, IA 50613

Estimated Value: $192,412 - $212,000

2 Beds
1 Bath
1,430 Sq Ft
$139/Sq Ft Est. Value

Last Sold July 22, 2019

Last sale price $151,000 $106 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,287/month

20 Days on Market

Highlights

  • Fireplace
  • 1 Car Attached Garage
  • Ceiling Fan
  • Peet Junior High School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of July 2019

Here is a Great Cedar falls home that is in a very convenient location being just minutes away from all the shopping, dining and entertainment that you can imagine. This is a raised ranch that offers 2 Bedrooms with a possible 3rd bedroom as well. Just about completely remodeled this home offers new flooring throughout, Completely New Bathroom, Newer kitchen and a fireplace! With inventory being low and homes selling quickly this will be one you are going to want to see! Other updates include: New A/C, Furnace and Windows!

Last Agent to Sell the Property

Rick Bauer

RE/MAX Concepts - Waterloo License #B18473000 Listed on: 05/22/2019

RE/MAX Concepts - Waterloo

Co-Listed By

Bobby Kastli

Structure Real Estate License #S63615000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,326

Year Built

  • Built in 1955

Lot Details

  • 9,702 Sq Ft Lot
  • Lot Dimensions are 66 x 147

Parking

  • 1 Car Attached Garage

Home Design

  • Concrete Foundation
  • Block Foundation
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,430 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Partially Finished Basement
  • Walk-Out Basement
  • Fire and Smoke Detector
  • Laundry on lower level

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 891318178005

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,326

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Parcel Number: 891318178005
  • Year Built: 1955
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Lower Level
  • Lot Size Acres: 0.223
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Mixed
  • Co List Office Mls Id: NBR75
  • Co List Office Phone: 319-232-7100
  • Co List Office Phone: 319-232-7100
  • MLS Status: Closed
  • Reso Fireplace Features: One
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 1430
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector
  • Basement: Block, Concrete, Walk-Out Access, Partially Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 338
  • BelowGradeArea: 1092

Exterior Features

  • Construction Type: Aluminum Siding
  • Exterior Features: Sidewalk

Garage/Parking

  • Parking Features: 1 Stall, Attached Garage

Utilities

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

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: 66 X 147
  • Lot Size Sq Ft: 9702
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2326

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2019
Closed on
Jul 22, 2019
Sold by
Wirtjes Ryan W and Wirtjes Jennifer R
Bought by
Black Hawk County Of
Seller's Agent
Rick Bauer
RE/MAX Concepts - Waterloo
List Price
$155,000
Sold Price
$151,000
Premium/Discount to List
-$4,000
-2.58%
Current Estimated Value
$199,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,353
Avg. Annual Appreciation
4.68%
Original Mortgage
$145,470
Outstanding Balance
$128,481
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$70,872

Purchase Details

Closed on
Aug 22, 2012
Sold by
Kenealy Properties Llc
Bought by
Wirtjes Ryan W and Wirtjes Jennifer R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2010
Sold by
Kenealy Philip E and Kenealy Colleen A
Bought by
Co Kenealy Properties Llc
Source: Public Records

Range of Values:

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Average Value
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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
Black Hawk County Of -- --
Wirtjes Ryan W $115,000 None Available
Co Kenealy Properties Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Black Hawk County Of $145,470
Previous Owner Wirtjes Ryan W $92,000
Previous Owner Kenealy Philip E $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2019 07/22/19 Sold $151,000 -2.6% $106 / Sq Ft
06/11/2019 06/11/19 Pending -- -- --
05/22/2019 05/22/19 For Sale $155,000 -- $108 / 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
2024 $2,410 $164,600 $25,000 $139,600
2023 $2,434 $164,600 $25,000 $139,600
2022 $2,462 $140,690 $25,000 $115,690
2021 $2,304 $140,690 $25,000 $115,690
2020 $2,296 $125,820 $21,670 $104,150
2019 $2,296 $125,820 $21,670 $104,150
2018 $2,326 $125,820 $21,670 $104,150
2017 $2,376 $125,820 $21,670 $104,150
2016 $2,224 $125,820 $21,670 $104,150
2015 $2,224 $125,820 $21,670 $104,150
2014 $2,164 $121,090 $21,670 $99,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20192613

Northeast Iowa Regional Board of REALTORS®

APN: 8913-18-178-005