NOT LISTED FOR SALE

1609 Rainbow Dr Cedar Falls, IA 50613

Estimated Value: $234,000 - $265,000

4 Beds
2 Baths
1,764 Sq Ft
$140/Sq Ft Est. Value

Last Sold March 08, 2022

Last sale price $218,000 $124 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,566/month

5 Days on Market

Highlights

  • Screened Porch
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Peet Junior High School Rated A-

About This Home

As of March 2022

Simply Amazing! Don’t miss this awesome home that’s conveniently located and features great updates throughout! As you step inside, you will immediately feel at home as you are greeted with the spacious living room that provides tons of natural light. You will love the layout, as the kitchen is open to the dining room and kitchen. The updated eat-in kitchen boasts tile flooring, loads of cabinetry and counter space and a tile backsplash. You will also love the convenience of glass sliders in the kitchen and dining area that lead you to an awesome sunroom, that’s perfect for enjoying the warmer weather! The main floor also features the great primary suite that is very spacious, complete with awesome built-ins. The main floor finishes with two additional bedrooms, and a fully updated bathroom with gorgeous tile flooring, tiled shower and a fresh vanity. The lower level provides even more great space with an expansive family room, fourth bedroom, additional full bathroom and tons of room for storage. The exterior provides a single stall attached garage, great sunroom, and spacious backyard. This is one you will not want to miss! See it today!

Last Agent to Sell the Property

Amy Wienands

AWRE, EXP Realty, LLC License #B34553 Listed on: 03/02/2022

AWRE, EXP Realty, LLC

Co-Listed By

Mary Gillett

AWRE, EXP Realty, LLC License #S62368000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,963

Year Built

  • Built in 1959

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 65x177
  • Property is zoned R-2

Parking

  • 1 Car Attached Garage

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,764 Sq Ft Home
  • Screened Porch
  • Laundry on lower level
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 891318179002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,963

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Parcel Number: 891318179002
  • Year Built: 1959
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Lower Level
  • Lot Size Acres: 0.26
  • Road Surface Type: Concrete
  • Co List Office Mls Id: NBR197
  • Co List Office Phone: 319-269-2477
  • Co List Office Phone: 319-269-2477
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 1764
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Partially Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 600
  • BelowGradeArea: 1164

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Porch Screened

Garage/Parking

  • Parking Features: 1 Stall, Attached Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • 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-2
  • Lot Dimensions: 65x177
  • Lot Size Sq Ft: 11505
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2963

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2022
Closed on
Mar 29, 2022
Sold by
Kasten Joel P and Kasten Madeline
Bought by
Matthias Curren James
Seller's Agent
Amy Wienands
AWRE, EXP Realty, LLC
List Price
$200,000
Sold Price
$218,000
Premium/Discount to List
$18,000
9%
Current Estimated Value
$247,392

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,392
Avg. Annual Appreciation
3.44%
Original Mortgage
$203,000
Outstanding Balance
$188,387
Interest Rate
3.5%
Mortgage Type
Balloon
Estimated Equity
$59,005

Purchase Details

Listed on
May 10, 2017
Closed on
Jun 19, 2017
Sold by
Gilbertson Barbara A
Bought by
Kasten Joel P and Allen Kasten Madeline
Seller's Agent
Stephanie Ricketts
Structure Real Estate
List Price
$164,900
Sold Price
$165,000
Premium/Discount to List
$100
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.08%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Matthias Curren James $218,000 None Listed On Document
Kasten Joel P $165,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Matthias Curren James $203,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/08/2022 03/08/22 Sold $218,000 +1.4% $124 / Sq Ft
03/07/2022 03/07/22 Pending -- -- --
03/07/2022 03/07/22 Price Changed $214,900 +7.5% $122 / Sq Ft
03/06/2022 03/06/22 Price Changed $199,900 -0.1% $113 / Sq Ft
03/02/2022 03/02/22 For Sale $200,000 +21.2% $113 / Sq Ft
06/20/2017 06/20/17 Sold $165,000 +0.1% $94 / Sq Ft View Prior Sale
05/11/2017 05/11/17 Pending -- -- --
05/10/2017 05/10/17 For Sale $164,900 -- $93 / 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
2025 $3,158 $228,090 $26,080 $202,010
2024 $3,158 $206,450 $26,080 $180,370
2023 $2,970 $206,450 $26,080 $180,370
2022 $2,986 $169,790 $26,080 $143,710
2021 $2,802 $168,820 $26,080 $142,740
2020 $2,744 $159,130 $22,600 $136,530
2019 $2,744 $159,130 $22,600 $136,530
2018 $2,780 $159,130 $22,600 $136,530
2017 $2,844 $159,130 $22,600 $136,530
2016 $2,658 $159,130 $22,600 $136,530
2015 $2,658 $159,130 $22,600 $136,530
2014 $2,578 $152,930 $22,600 $130,330
Source: Public Records

Agents Affiliated with this Home

  • Amy Wienands

    Seller's Agent in 2022

    Amy Wienands

    AWRE, EXP Realty, LLC

    (319) 240-7247

    314 in this area

    1,256 Total Sales

    Amy Wienands
    Section Image

  • M

    Seller Co-Listing Agent in 2022

    Mary Gillett

    AWRE, EXP Realty, LLC

    (319) 231-8689

    74 in this area

    289 Total Sales

    Mary Gillett
    Section Image

  • S

    Seller's Agent in 2017

    Stephanie Ricketts

    Structure Real Estate

    (319) 260-2016

    13 in this area

    35 Total Sales

    Stephanie Ricketts
    Section Image

  • C

    Seller Co-Listing Agent in 2017

    Clint Rowe

    Huff Land Company

    Section Image
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20220761

Northeast Iowa Regional Board of REALTORS®

APN: 8913-18-179-002

Iowa Black Hawk County Cedar Falls 50613

1609 Rainbow Dr, Cedar Falls, IA

Not Listed for Sale

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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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