Jaime Hymer
Pinnacle Realty
(319) 382-0391
321 Total Sales
1 in Cedar Falls
$140,000 Price
1421 Rainbow Dr Cedar Falls, IA 50613
Cedar Falls AreaEstimated Value: $186,000 - $198,000
2
Beds
1
Bath
1,430
Sq Ft
$135/Sq Ft
Est. Value
Highlights
- Fireplace
- Patio
- Forced Air Heating and Cooling System
- 1 Car Attached Garage
- Laundry Room
About This Home
As of April 2026This inviting Cedar Falls ranch is ready for you! The main floor features a bright living room with a beautiful brick fireplace, creating a welcoming place to unwind at the end of the day. Updated vinyl flooring flows through the living areas and bedrooms, keeping the space cohesive and easy to maintain. The kitchen offers ample oak cabinetry and connects directly to a true dining room, making it easy to move from meal prep to family dinners, puzzles, or game nights. Two nicely sized bedrooms provide good closet space and natural light, with an updated bathroom conveniently located nearby. The lower level features a large family room, perfect for a second gathering area, home office, or hobby space, along with a laundry room that offers excellent storage. Outside, the home features a tuck under one stall garage, patio, and a spacious backyard ready for relaxing or entertaining. Major updates have already been completed, including vinyl windows, A/C and furnace in 2014, 100 amp electrical upgrade in 2019, new shingles in 2022, and updated vinyl flooring throughout. Located just minutes from shopping, restaurants, and Hartman Reserve, this home offers a perfect balance of function, updates, and location. Call to schedule your private showing today!
Last Agent to Sell the Property
Oakridge Real Estate License #S65286000 Listed on: 03/04/2026
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,648
Year Built
- Built in 1955
Lot Details
- 9,702 Sq Ft Lot
- Lot Dimensions are 66 x 147
Home Design
- Block Foundation
- Shingle Roof
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,430 Sq Ft Home
- Fireplace
Kitchen
- Free-Standing Range
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Laundry on lower level
- Dryer
- Washer
Partially Finished Basement
- Walk-Out Basement
- Sump Pump
Parking
- 1 Car Attached Garage
- Tuck Under Garage
- Garage Door Opener
Outdoor Features
- Patio
Schools
- Cedar Heights Elementary School
- Peet Junior High
- Cedar Falls High School
Utilities
- Forced Air Heating and Cooling System
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 891318178005
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 4, 2026
Closed on
Apr 3, 2026
Sold by
Bought by
Seller's Agent
Paige Peyton
Oakridge Real Estate
Buyer's Agent
Doug Mcallister
Pinnacle Realty
List Price
$189,900
Sold Price
$189,900
Views
21
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,474
Avg. Annual Appreciation
4.13%
Original Mortgage
$180,000
Outstanding Balance
$179,217
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$13,157
Purchase Details
Listed on
May 22, 2019
Closed on
Jul 22, 2019
Sold by
Bought by
Seller's Agent
Rick Bauer
RE/MAX Concepts - Cedar Falls
Buyer's Agent
Paige Peyton
Oakridge Real Estate
List Price
$155,000
Sold Price
$151,000
Premium/Discount to List
-$4,000
-2.58%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.47%
Original Mortgage
$145,470
Interest Rate
3.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 22, 2012
Sold by
Bought by
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
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Cedar Falls, IA
-
Jaime Hymer
-
Andy Erselius
Andy Erselius
AE Realty, Inc
(641) 934-3071
182 Total Sales
1 in Cedar Falls
$452,000 Price
-
Lindsey Bierman
Lindsey Bierman
Epique Realty
(319) 271-1527
48 Total Sales
3 in Cedar Falls
$45K - $275K Price Range
-
Sarah Buchheit
Sarah Buchheit
Pella Real Estate Services
(641) 627-6695
198 Total Sales
2 in Cedar Falls
$188K - $260K Price Range
-
Bob Delveau
Bob Delveau
Oakridge Real Estate
(319) 505-8665
83 Total Sales
12 in Cedar Falls
$70K - $485K Price Range
-
Rick Bauer
Rick Bauer
RE/MAX Concepts - Cedar Falls
(319) 349-8738
229 Total Sales
34 in Cedar Falls
$108K - $595K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $190,000 | Title Services Corporation | ||
| -- | -- | ||
| $115,000 | None Available | ||
| -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $180,000 | ||
| Previous Owner | $145,470 | ||
| Previous Owner | $92,000 | ||
| Previous Owner | -- |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/10/2026 04/10/26 | Sold | $189,900 | 0.0% | $133 / Sq Ft | |
| 03/05/2026 03/05/26 | Pending | -- | -- | -- | |
| 03/04/2026 03/04/26 | For Sale | $189,900 | +25.8% | $133 / Sq Ft | |
| 07/22/2019 07/22/19 | Sold | $151,000 | -2.6% | $106 / Sq Ft | View Prior Sale |
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $2,484 | $181,290 | $25,000 | $156,290 |
| 2024 | $2,484 | $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
-
Paige Peyton
Seller's Agent in 2026
Paige Peyton
Oakridge Real Estate
(319) 404-9899
88 Total Sales
-
Doug Mcallister
Buyer's Agent in 2026
Doug Mcallister
Pinnacle Realty
(319) 350-9476
38 Total Sales
-
Rick Bauer
Seller's Agent in 2019
Rick Bauer
RE/MAX
(319) 493-3500
229 Total Sales
-
Bobby Kastli
Seller Co-Listing Agent in 2019
Bobby Kastli
Structure Real Estate
(319) 239-9877
146 Total Sales
Map
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20260864
APN: 8913-18-178-005
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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.
Listings courtesy of Northeast Iowa Regional Board of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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