1538 Rainbow Dr Belle Plaine, IA 52208
3
Beds
1.5
Baths
2,364
Sq Ft
0.28
Acres
Highlights
- On Golf Course
- Recreation Room
- No HOA
- Deck
- Ranch Style House
- 2 Car Attached Garage
About This Home
As of July 2025Check out this newly listed 3 bedroom, 1.5 bath ranch home in Belle Plaine, located in a quiet neighborhood with amazing golf course views. This home features a walk-out finished basement with a large rec room, possible non-conforming bedroom, and potential office area or storage room. Enjoy the views from the deck off the main level, or the patio located off the walk-out basement. Other perks include an attached 2-stall garage, main floor laundry, new roof and siding on west side of home(2024), and storage shed. Appliances included in sale. Schedule your showing today!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,100
Year Built
- Built in 1994
Lot Details
- 0.28 Acre Lot
- Lot Dimensions are 100x120
- On Golf Course
Parking
- 2 Car Attached Garage
- Garage Door Opener
- On-Street Parking
- Off-Street Parking
Home Design
- Ranch Style House
- Frame Construction
- Vinyl Siding
Interior Spaces
- Combination Kitchen and Dining Room
- Recreation Room
- Basement Fills Entire Space Under The House
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Outdoor Features
- Deck
- Patio
- Shed
Schools
- Belle Plaine Elementary And Middle School
- Belle Plaine High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
- Water Softener Leased
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 03048350
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2025
Closed on
Jul 17, 2025
Sold by
Devereux Ryan D and Devereux Susan K
Bought by
Kriegel Hope M
Seller's Agent
Amber McLeod
McLeod Home Team Realty
Buyer's Agent
Amber McLeod
McLeod Home Team Realty
List Price
$224,900
Sold Price
$202,500
Premium/Discount to List
-$22,400
-9.96%
Views
8
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
90.39%
Original Mortgage
$137,500
Outstanding Balance
$137,384
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$81,383
Purchase Details
Listed on
May 29, 2020
Closed on
Jul 15, 2020
Sold by
Drahos Brian M and Drahos Shelley M
Bought by
Devereux Ryan D and Devereux Susan K
Seller's Agent
Amber McLeod
McLeod Home Team Realty
Buyer's Agent
Amber McLeod
McLeod Home Team Realty
List Price
$169,500
Sold Price
$167,500
Premium/Discount to List
-$2,000
-1.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.86%
Original Mortgage
$134,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Listed on
May 29, 2020
Closed on
Jul 13, 2020
Sold by
Drahos Brian M and Drahos Shelley M
Bought by
Devereux Ryan M and Devereux Susan K
Seller's Agent
Amber McLeod
McLeod Home Team Realty
Buyer's Agent
Amber McLeod
McLeod Home Team Realty
List Price
$169,500
Sold Price
$167,500
Premium/Discount to List
-$2,000
-1.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 20, 2005
Sold by
Moore Carole J
Bought by
Drahos Brian M and Drahos Shelley M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,145
Interest Rate
5.91%
Mortgage Type
FHA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $202,500 | None Listed On Document | |
| Deed | -- | None Available | |
| Warranty Deed | $167,500 | None Available | |
| Warranty Deed | $109,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $137,500 | New Conventional | |
| Previous Owner | $134,000 | New Conventional | |
| Previous Owner | $134,000 | New Conventional | |
| Previous Owner | $20,000 | Unknown | |
| Previous Owner | $108,000 | New Conventional | |
| Previous Owner | $10,000 | Unknown | |
| Previous Owner | $5,000 | Unknown | |
| Previous Owner | $5,000 | Unknown | |
| Previous Owner | $108,145 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2025 07/18/25 | Sold | $202,500 | -7.9% | $86 / Sq Ft |
| 06/19/2025 06/19/25 | Pending | -- | -- | -- |
| 06/16/2025 06/16/25 | Price Changed | $219,900 | -2.2% | $93 / Sq Ft |
| 06/03/2025 06/03/25 | For Sale | $224,900 | +34.3% | $95 / Sq Ft |
| 07/15/2020 07/15/20 | Sold | $167,500 | -1.2% | $71 / Sq Ft |
| 05/29/2020 05/29/20 | For Sale | $169,500 | -- | $72 / Sq Ft |
Source: Cedar Rapids Area Association of REALTORS®
Tax History Compared to Growth
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 | $3,104 | $167,700 | $24,300 | $143,400 |
| 2023 | $2,854 | $167,700 | $24,300 | $143,400 |
| 2022 | $2,794 | $138,800 | $19,400 | $119,400 |
| 2021 | $2,794 | $138,800 | $19,400 | $119,400 |
| 2020 | $2,134 | $107,200 | $16,500 | $90,700 |
| 2019 | $2,142 | $107,200 | $16,500 | $90,700 |
| 2018 | $1,906 | $103,300 | $14,100 | $89,200 |
| 2017 | $1,912 | $103,300 | $14,100 | $89,200 |
| 2016 | $2,024 | $99,400 | $13,600 | $85,800 |
| 2015 | $2,024 | $99,400 | $13,600 | $85,800 |
| 2014 | $2,202 | $109,600 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Amber McLeod
A
Seller's Agent in 2025
Amber McLeod
McLeod Home Team Realty
(319) 310-5743
28 Total Sales
Map
Source: Cedar Rapids Area Association of REALTORS®
MLS Number: 2504075
APN: 03048350
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