NOT LISTED FOR SALE

1826 Rainbow Dr Cedar Falls, IA 50613

Estimated Value: $250,016 - $314,000

4 Beds
1 Bath
2,091 Sq Ft
$132/Sq Ft Est. Value

Last Sold June 07, 2022

Last sale price $216,000 $103 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,742/month

4 Days on Market

Highlights

  • Living Room with Fireplace
  • Wood Flooring
  • French Doors
  • Peet Junior High School Rated A-
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System

About This Home

As of June 2022

Charming 4 bedroom 1-1/2 story home located in the desirable Cedar Heights neighborhood. Stepping into this character-filled home you will love the large living room with a wood-burning fireplace. Right off the living room is a formal dining area that leads you into the light and airy kitchen with additional living space near the back of the home. The main floor also features two bedrooms and a bathroom to share. Upstairs you will find two generous-sized bedrooms and your second bath. The lower level is partially finished and perfect for a rec/exercise room. With a fenced-in yard and two stall garage, you won't want to miss out on this home.

Last Agent to Sell the Property

Jennifer Lakin

Structure Real Estate License #S66105 Listed on: 04/20/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,406

Year Built

  • Built in 1946

Lot Details

  • 64 Sq Ft Lot
  • Fenced
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Block Foundation
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 2,091 Sq Ft Home
  • Ceiling Fan
  • French Doors
  • Living Room with Fireplace
  • Wood Flooring
  • Fire and Smoke Detector
  • Laundry on lower level
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

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 891318256015

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,406

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Parcel Number: 891318256015
  • Year Built: 1946
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Lower Level
  • ResoLotFeatures: Level
  • Lot Size Acres: 0.22
  • Road Frontage Type: Hard Surface Road
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-260-2016
  • MLS Status: Closed
  • Reso Fireplace Features: Living Room
  • Reso Interior Features: French Doors, Hardwood Floors
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 2091
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Appliances Negotiable
  • Basement: Block, Partially Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 250
  • BelowGradeArea: 1016

Exterior Features

  • Construction Type: Aluminum Siding
  • Exterior Features: Fenced Yard

Garage/Parking

  • Parking Features: 2 Stall, Detached Garage

Utilities

  • Cooling: Ceiling Fan(s), 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-1
  • Lot Dimensions: 9,344
  • Lot Size Sq Ft: 64
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 3405.57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
Jun 7, 2022
Sold by
Hayes Melanie Ann
Bought by
Skillings Alexandra Jean and Skillings Kyle Richard
Seller's Agent
Jennifer Lakin
Structure Real Estate
List Price
$199,900
Sold Price
$216,000
Premium/Discount to List
$16,100
8.05%
Current Estimated Value
$276,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,339
Avg. Annual Appreciation
7.31%
Original Mortgage
$205,200
Outstanding Balance
$194,671
Interest Rate
5.1%
Mortgage Type
Balloon
Estimated Equity
$81,668
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
Skillings Alexandra Jean $216,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Skillings Alexandra Jean $205,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/07/2022 06/07/22 Sold $216,000 +8.1% $103 / Sq Ft
04/24/2022 04/24/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $199,900 +38.3% $96 / Sq Ft
12/18/2019 12/18/19 Sold $144,500 +0.4% $69 / Sq Ft View Prior Sale
11/12/2019 11/12/19 Pending -- -- --
11/09/2019 11/09/19 For Sale $143,900 0.0% $69 / Sq Ft
11/04/2019 11/04/19 Pending -- -- --
11/01/2019 11/01/19 Price Changed $143,900 -4.0% $69 / Sq Ft
09/16/2019 09/16/19 Price Changed $149,900 -6.3% $72 / Sq Ft
08/18/2019 08/18/19 Price Changed $159,900 -3.0% $76 / Sq Ft
07/18/2019 07/18/19 Price Changed $164,900 -2.4% $79 / Sq Ft
06/23/2019 06/23/19 For Sale $169,000 -- $81 / 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 $3,449 $263,480 $24,240 $239,240
2024 $3,348 $224,580 $24,240 $200,340
2023 $3,272 $224,580 $24,240 $200,340
2022 $3,478 $186,130 $24,240 $161,890
2021 $3,406 $186,130 $24,240 $161,890
2020 $3,338 $182,900 $21,010 $161,890
2019 $3,338 $182,900 $21,010 $161,890
2018 $3,088 $175,860 $21,010 $154,850
2017 $3,160 $175,860 $21,010 $154,850
2016 $2,954 $175,860 $21,010 $154,850
2015 $2,954 $175,860 $21,010 $154,850
2014 $2,988 $175,860 $21,010 $154,850
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Lakin

    Seller's Agent in 2022

    Jennifer Lakin

    Structure Real Estate

    (319) 269-2935

    29 in this area

    68 Total Sales

    Jennifer Lakin
    Section Image

  • M

    Seller's Agent in 2019

    Michael Robert

    EXP Realty, LLC

    Section Image

  • D

    Seller Co-Listing Agent in 2019

    Diane Robert

    EXP Realty, LLC

    Section Image
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20221590

Northeast Iowa Regional Board of REALTORS®

APN: 8913-18-256-015

Iowa Black Hawk County Cedar Falls 50613

1826 Rainbow Dr, Cedar Falls, IA

Not Listed for Sale

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