NOT LISTED FOR SALE

1514 Rainbow Dr Cedar Falls, IA 50613

Estimated Value: $207,000 - $262,000

3 Beds
1.5 Baths
1,676 Sq Ft
$145/Sq Ft Est. Value

Last Sold May 05, 2017

Last sale price $177,900 $106 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,507/month

43 Days on Market

Highlights

  • 0.84 Acre Lot
  • Wood Flooring
  • Enclosed Patio or Porch
  • Peet Junior High School Rated A-
  • 2 Car Detached Garage
  • Garden

About This Home

As of May 2017

Totally renovated and updated classic two story situated on a .84 acre lot that is fenced and has plenty of room for what ever your hobby is. Inside has been completely redone with new kitchen and baths. Warm and inviting family room on the rear of the home has a lot of windows overlooking the huge back yard. All this located in the Cedar Heights area walking distance to schools, parks, and trails.

Last Agent to Sell the Property

Dan Gutknecht,CRS,G

Oakridge Real Estate License #B33974 Listed on: 01/26/2017

Oakridge Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,624

Year Built

  • Built in 1899

Lot Details

  • 0.84 Acre Lot
  • Lot Dimensions are 125x286 3x281
  • Fenced
  • Garden

Parking

  • 2 Car Detached Garage

Home Design

  • Concrete Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,676 Sq Ft Home
  • Wood Flooring
  • Fire and Smoke Detector
  • Dishwasher
  • Laundry on lower level

Bedrooms and Bathrooms

  • 3 Bedrooms

Basement

  • Interior Basement Entry
  • Sump Pump

Outdoor Features

  • Enclosed Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 891318177018

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,624

Year Built

Built in 1899

Lot Details

0

Listing Details

  • Parcel Number: 891318177018
  • Year Built: 1899
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Lower Level
  • Lot Size Acres: 0.84
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Black Top
  • Co List Office Phone: 319-277-5005
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Interior Features: Hardwood Floors
  • Reso Roof: Shingle
  • TotalFinishedSquareFootage: 1676
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Dishwasher, MicroHood, Sump Pump, Gas Water Heater, Water Softener Owned
  • Basement: Concrete, Entrance-Inside
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • BelowGradeArea: 688

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Sidewalk, Fenced Yard, Garden, Patio, Porch-4 Season, Porch-Enclosed

Garage/Parking

  • Parking Features: 2 Stall, Detached Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • 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: 125x286 3x281
  • Lot Size Sq Ft: 36593
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2624

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2017
Closed on
May 4, 2017
Sold by
Christensen Steven M and Christensen Tami A
Bought by
Fauser Salem and Fauser Eric
Seller's Agent
Dan Gutknecht,CRS,G
Oakridge Real Estate
List Price
$177,900
Sold Price
$177,900
Current Estimated Value
$234,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,066
Avg. Annual Appreciation
3.82%
Original Mortgage
$34,280
Interest Rate
4.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 4, 2013
Sold by
Christopherson Jerry A and Christopherson Beth M
Bought by
Christensen Steven M and Christensen Tami A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,850
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 29, 2012
Sold by
Salinas Roselyn O and Gill Roselyn O
Bought by
Residential Mortgage Trust
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
Fauser Salem $178,000 None Available
Christensen Steven M $176,500 None Available
Residential Mortgage Trust $78,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fauser Salem $53,000
Closed Fauser Salem $34,280
Open Fauser Salem $142,320
Previous Owner Christensen Steven M $158,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2017 05/05/17 Sold $177,900 0.0% $106 / Sq Ft
03/10/2017 03/10/17 Pending -- -- --
01/26/2017 01/26/17 For Sale $177,900 -- $106 / 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 $2,728 $184,910 $48,550 $136,360
2023 $2,800 $184,910 $48,550 $136,360
2022 $2,832 $160,500 $48,550 $111,950
2021 $2,708 $160,500 $48,550 $111,950
2020 $2,650 $154,030 $42,080 $111,950
2019 $2,650 $154,030 $42,080 $111,950
2018 $2,584 $149,150 $42,080 $107,070
2017 $2,584 $148,510 $42,080 $106,430
2016 $2,624 $148,510 $42,080 $106,430
2015 $2,624 $148,510 $42,080 $106,430
2014 $2,654 $148,510 $42,080 $106,430
Source: Public Records

Agents Affiliated with this Home

  • Dan Gutknecht,CRS,G

    Seller's Agent in 2017

    Dan Gutknecht,CRS,G

    Oakridge Real Estate

    (319) 240-3739

    38 in this area

    57 Total Sales

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20170393

Northeast Iowa Regional Board of REALTORS®

APN: 8913-18-177-018

Iowa Black Hawk County Cedar Falls 50613

1514 Rainbow Dr, Cedar Falls, IA

This home is located at 1514 Rainbow Dr, Cedar Falls, IA 50613 since 26 January 2017 and is currently estimated at $242,732, approximately $144 per square foot. This property was built in 1899. 1514 Rainbow Dr is a home located in Black Hawk County with nearby schools including Cedar Heights Elementary School, Peet Junior High School, and Cedar Falls High School.

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.

Northeast Iowa Regional Board of REALTORS® 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.

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