NOT LISTED FOR SALE

1503 Rainbow Dr Cedar Falls, IA 50613

Estimated Value: $260,000 - $285,066

3 Beds
3 Baths
2,506 Sq Ft
$108/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $217,500 $87 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,767/month

Highlights

  • Deck
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Peet Junior High School Rated A-
  • Patio
  • Water Softener is Owned

About This Home

As of June 2021

Welcome home! As you step inside, you will appreciate the spotless look and feel! Featuring tiled flooring in the kitchen, with a built in nook. Steps away, enjoy a spacious living room with three pane sliding door allowing abundance of natural light to shine through. As you continue to roam through the spacious home, you will be greeted with an oversized master bedroom, with a jetted tub, as well as a sliding door giving access to the deck, overlooking the nicely fenced in backyard. As you step into the lower level, you will love the open concept living with a fireplace, and access to the outside patio, perfect for entertaining family and friends. Use the fourth bedroom for office or craft room, or add an egress to make it a bedroom. You'll also love the use and functionality of the tuck under storage space under the garage. Don't let this home slip away. Make it yours today!

Last Agent to Sell the Property

Edita Begic

Vine Valley Real Estate License #B59732000 Listed on: 03/01/2021

Co-Listed By

Emsad Begic

Vine Valley Real Estate License #B56539000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,634

Year Built

  • Built in 1964

Lot Details

  • 10,560 Sq Ft Lot
  • Lot Dimensions are 66x160
  • Privacy Fence

Home Design

  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2,506 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Fire and Smoke Detector
  • Laundry on lower level
  • Finished Basement

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 1 Car Attached Garage
  • Tuck Under Garage

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 891318178006

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,634

Year Built

Built in 1964

Lot Details

10,560 Sq Ft Lot

Listing Details

  • Parcel Number: 891318178006
  • Year Built: 1964
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Lower Level
  • Lot Size Acres: 0.242
  • Road Surface Type: Concrete
  • Co List Office Mls Id: NBR468
  • Co List Office Phone: 319-249-5468
  • Co List Office Phone: 319-249-5468
  • MLS Status: Closed
  • Reso Fireplace Features: One, Gas
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 2506
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Dishwasher, Microwave, Refrigerator, Water Softener Owned
  • Basement: Block, Finished
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 1050
  • BelowGradeArea: 1456

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Deck, Patio, Fence Privacy

Garage/Parking

  • Parking Features: 1 Stall, Attached Garage, Tuckunder Garage

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • 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: 66x160
  • Lot Size Sq Ft: 10560
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 3634

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
Jun 4, 2021
Sold by
Sharp Michael and Sharp Kimberly N
Bought by
Stein Matthew and Stein Savanna
Seller's Agent
Edita Begic
Vine Valley Real Estate
List Price
$217,500
Sold Price
$217,500
Current Estimated Value
$271,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,517
Avg. Annual Appreciation
4.69%
Original Mortgage
$43,500
Outstanding Balance
$32,414
Interest Rate
2.27%
Mortgage Type
New Conventional
Estimated Equity
$238,603

Purchase Details

Closed on
Jun 21, 2010
Sold by
Co Copperstone
Bought by
Kenealy Philip E and Kenealy Colleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
4.97%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Stein Matthew $217,500 None Available
Kenealy Philip E $85,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stein Matthew $43,500
Open Stein Matthew $174,000
Previous Owner Kenealy Philip E $490,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2021 06/04/21 Sold $217,500 0.0% $87 / Sq Ft
03/01/2021 03/01/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $217,500 -- $87 / 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 $4,096 $293,600 $25,740 $267,860
2024 $4,096 $264,810 $25,740 $239,070
2023 $3,916 $264,810 $25,740 $239,070
2022 $3,768 $220,990 $25,740 $195,250
2021 $3,708 $210,590 $25,740 $184,850
2020 $3,634 $199,130 $22,310 $176,820
2019 $3,634 $199,130 $22,310 $176,820
2018 $3,680 $199,130 $22,310 $176,820
2017 $3,760 $199,130 $22,310 $176,820
2016 $3,518 $199,130 $22,310 $176,820
2015 $3,518 $199,130 $22,310 $176,820
2014 $3,416 $191,090 $22,310 $168,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20210711

Northeast Iowa Regional Board of REALTORS®

APN: 8913-18-178-006

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