NOT LISTED FOR SALE

1539 Rainbow Dr Belle Plaine, IA 52208

Estimated Value: $118,000 - $276,000

5 Beds
3 Baths
2,860 Sq Ft
$80/Sq Ft Est. Value

Last Sold May 24, 2024

Last sale price $265,000 $93 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $1,235/month

148 Days on Market

Highlights

  • Recreation Room
  • Great Room
  • 2 Car Attached Garage
  • Ranch Style House
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of May 2024

Newly renovated ranch on a double lot is ready for someone to make it home!  The open floor plan makes entertaining a breeze so bring on the holiday party with your friends and family.  Spacious kitchen with stainless appliances and tons of counter space to accommodate the largest batches of cookies! Primary bedroom has an incredible en suite with a tiled walk-in shower and bonus... its own laundry hookups. Separate dining area, generous sized secondary bedrooms and a new bath round out the main level. Expansive lower level has two family room spaces, secondary entrance to the garage, two more bedrooms, laundry hookups and another bath. There is an attached garage so no need to scrape those frosty windows this winter. Just about everything is new so you can move right in and not lift a finger.

Last Agent to Sell the Property

Doris Ackerman

KW Advantage Listed on: 11/29/2023

KW Advantage

Last Buyer's Agent

Donald Fieldhouse

Cedar Rapids Area Association of REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,036

Year Built

  • 1980

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 200 x120
  • Fenced

Home Design

  • Ranch Style House
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • Great Room
  • Formal Dining Room
  • Recreation Room
  • Basement Fills Entire Space Under The House
  • Laundry on main level

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking
  • Off-Street Parking

Outdoor Features

  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,036

Year Built

1980

Lot Details

0

Listing Details

  • Style: Ranch
  • Acres: 0.5500
  • Above Grade Finished Sq Ft: 1460
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.00
  • Lower Level Bedroom: 2
  • Total Bedrooms: 5
  • City Name: Belle Plaine
  • Dining Features: Breakfast Bar, Eat-In Kitchen, Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 2036
  • List User Cell Phone: 319-361-2934
  • Low Lvl Fin Sq Ft: 1400
  • Miscellaneous: Cable Ready, Fencing, Patio
  • Net Tax: 2036
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 0.88333
  • Ratio Current Price By Sq Ft: 181.51
  • Total Sq Ft: 2860
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1980

Interior Features

  • Appliances Included: Dishwasher, Disposal, Garage Door Opener, Microwave, Range, Refrigerator, Water Heater – Electric
  • Additional Room: 1st Floor Laundry, Great Room, Non Egress-Ll Room, Rec Room
  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Bedrooms Level 1: 3
  • Level 1 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Master Bedroom Level: Level 1

Exterior Features

  • Construction Methods: Frame
  • Exterior: Vinyl

Garage/Parking

  • Garage/Parking: 2 Cars, Attached, Guest Parking, Off Street Parking
  • Garage Size: 24x26

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

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

Lot Info

  • Lot Size: 200 x120

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2023
Closed on
May 13, 2024
Sold by
Ackerman Doris
Bought by
Varo Tyler and Nowotny Catherine
Seller's Agent
Doris Ackerman
KW Advantage
Buyer's Agent
Donald Fieldhouse
Cedar Rapids Area Association of REALTORS
List Price
$300,000
Sold Price
$265,000
Premium/Discount to List
-$35,000
-11.67%
Views
280
Current Estimated Value
$228,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,444
Avg. Annual Appreciation
-10.68%
Original Mortgage
$39,750
Interest Rate
7.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 17, 2023
Sold by
Morrow Properties Llc
Bought by
Ackerman Doris

Purchase Details

Closed on
Apr 1, 2022
Sold by
Janmar Rentals Llc
Bought by
Morrow Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2022
Sold by
Kathleen Fisher Mildred
Bought by
Morrow Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
3.55%
Mortgage Type
New Conventional
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
Varo Tyler $265,000 None Listed On Document
Ackerman Doris $125,000 None Listed On Document
Morrow Properties Llc $72,500 --
Morrow Properties Llc $85,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Varo Tyler $39,750
Open Varo Tyler $212,000
Previous Owner Morrow Properties Llc $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2024 05/24/24 Sold $265,000 0.0% $93 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/01/2024 04/01/24 Price Changed $265,000 -3.6% $93 / Sq Ft
03/07/2024 03/07/24 Price Changed $275,000 -1.8% $96 / Sq Ft
02/05/2024 02/05/24 Price Changed $280,000 -3.4% $98 / Sq Ft
01/19/2024 01/19/24 Price Changed $290,000 -3.3% $101 / Sq Ft
12/08/2023 12/08/23 For Sale $300,000 0.0% $105 / Sq Ft
11/29/2023 11/29/23 Pending -- -- --
11/29/2023 11/29/23 For Sale $300,000 -- $105 / 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 $208 $10,600 $10,600 $0
2023 $186 $10,600 $10,600 $0
2022 $182 $8,500 $8,500 $0
2021 $182 $8,500 $8,500 $0
2020 $220 $10,100 $10,100 $0
2019 $192 $10,100 $10,100 $0
2018 $172 $8,500 $8,500 $0
2017 $172 $8,500 $8,500 $0
2016 $184 $8,200 $8,200 $0
2015 $184 $8,200 $8,200 $0
2014 $146 $6,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2307669

Cedar Rapids Area Association of REALTORS®

APN: 03026110