NOT LISTED FOR SALE

1516 Rainbow Dr Belle Plaine, IA 52208

Estimated Value: $164,461 - $214,000

3 Beds
1.5 Baths
2,015 Sq Ft
$94/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $107,000 $53 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,233/month

1 Day on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Water Softener is Owned
  • Formal Dining Room
  • Central Air
  • Heating Available

About This Home

As of October 2019

This home is located at 1516 Rainbow Dr, Belle Plaine, IA 52208 since 23 September 2019 and is currently estimated at $190,115, approximately $94 per square foot. This property was built in 1977. 1516 Rainbow Dr is a home located in Benton County with nearby schools including Longfellow Elementary School and Belle Plaine Junior/Senior High School.

Last Agent to Sell the Property

Lisa Nolan

RE/MAX CONCEPTS Listed on: 09/23/2019

RE/MAX CONCEPTS

Last Buyer's Agent

Lisa Nolan

RE/MAX CONCEPTS Listed on: 09/23/2019

RE/MAX CONCEPTS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,141

Year Built

  • 1977

Lot Details

  • 0.28 Acre Lot

Home Design

  • Ranch Style House
  • Frame Construction

Interior Spaces

  • Formal Dining Room

Kitchen

  • Range
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Water Softener is Owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,141

Year Built

1977

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.2800
  • Above Grade Finished Sq Ft: 1440
  • Total Bathrooms: 1.10
  • Total Bedrooms: 3
  • City Name: Belle Plaine
  • Dining Features: Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 2141
  • List User Cell Phone: 319-551-3206
  • Low Lvl Fin Sq Ft: 575
  • Net Tax: 1948
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97273
  • Ratio Close Price By Original Li: 0.97273
  • Ratio Current Price By Sq Ft: 74.31
  • Total Sq Ft: 2015
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1977

Interior Features

  • Appliances Included: Disposal, Garage Door Opener, Range, Refrigerator, Washer, Water Heater – Electric, Water Softener - Own
  • Additional Room: 1st Floor Laundry
  • Basement: Block, Full
  • Basement: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 1
  • Lower Level Half Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Wood

Garage/Parking

  • Garage/Parking: 2 Cars, Attached
  • Garage Size: 504

Utilities

  • Heating Cooling: Central Air, Electricity Heat

Schools

  • Elementary School: Belle Plaine
  • Middle School: Belle Plaine
  • High School: Belle Plaine

Lot Info

  • Lot Size: .28 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2019
Closed on
Oct 30, 2019
Sold by
Hartkemeyer R M Est
Bought by
Roth Wade E and Roth Suzanne M
Seller's Agent
Lisa Nolan
RE/MAX CONCEPTS
Buyer's Agent
Lisa Nolan
RE/MAX CONCEPTS
List Price
$110,000
Sold Price
$107,000
Premium/Discount to List
-$3,000
-2.73%
Current Estimated Value
$190,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,115
Avg. Annual Appreciation
10.37%
Original Mortgage
$90,000
Outstanding Balance
$80,101
Interest Rate
3.65%
Mortgage Type
Balloon
Estimated Equity
$109,687

Purchase Details

Closed on
Nov 2, 2007
Sold by
Hartkemeyer Harold L and Hartkemeyer Marjorie R
Bought by
Nolan Rick and Nolan Cindy
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
Roth Wade E $107,000 --
Nolan Rick $390,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roth Wade E $90,000
Closed Nolan Rick $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2019 10/31/19 Sold $107,000 -2.7% $53 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
09/23/2019 09/23/19 For Sale $110,000 -- $55 / Sq Ft
Source: Cedar Rapids Area Association 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 $2,368 $138,500 $24,300 $114,200
2023 $2,296 $138,500 $24,300 $114,200
2022 $2,440 $113,400 $19,400 $94,000
2021 $2,440 $113,400 $19,400 $94,000
2020 $1,910 $100,300 $16,500 $83,800
2019 $1,948 $100,300 $16,500 $83,800
2018 $1,732 $98,000 $14,100 $83,900
2017 $1,732 $98,000 $14,100 $83,900
2016 $1,836 $94,300 $13,600 $80,700
2015 $1,836 $94,300 $13,600 $80,700
2014 $1,972 $102,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1907136

Cedar Rapids Area Association of REALTORS®

APN: 03002400