NOT LISTED FOR SALE

1827 Rainbow Dr Cedar Falls, IA 50613

Estimated Value: $188,344 - $234,000

4 Beds
1 Bath
1,315 Sq Ft
$161/Sq Ft Est. Value

Last Sold November 25, 2019

Last sale price $137,000 $104 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $1,319/month

5 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Peet Junior High School Rated A-
  • 2 Car Detached Garage

About This Home

As of November 2019

Amazing opportunity! Check out this wonderful 4 bedroom Cedar Heights home! This home offers a spacious main floor featuring beautiful hardwood flooring plus fireplace. The hardwood flooring continues into the large dining room which is located just off the kitchen with painted cabinetry. 2 bedrooms and a full bathroom with separate tub and shower complete the main floor. Upstairs you will find two good sized spare bedrooms. Enjoy the large deck overlooking the yard and take advantage of the two stall detached garage. Updates include: windows in 2016, furnace in 2013 and roof in 2010. Check out what this home has to offer today!

Last Agent to Sell the Property

Carl Ericson

Oakridge Real Estate License #S43269 Listed on: 10/22/2019

Oakridge Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,349

Year Built

  • Built in 1945

Lot Details

  • 9,000 Sq Ft Lot
  • Lot Dimensions are 60 x 150

Parking

  • 2 Car Detached Garage

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,315 Sq Ft Home
  • Living Room with Fireplace
  • Wood Flooring
  • Laundry on lower level
  • Unfinished Basement

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck

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 891318403004

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,349

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Parcel Number: 891318403004
  • Year Built: 1945
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Lower Level
  • Lot Size Acres: 0.207
  • Road Frontage Type: Paved Road
  • Road Surface Type: Other
  • Co List Office Phone: 319-277-5005
  • MLS Status: Closed
  • Reso Fireplace Features: One, Living Room
  • Reso Interior Features: Hardwood Floors
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 1315
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Basement: Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • BelowGradeArea: 974

Exterior Features

  • Construction Type: Aluminum Siding
  • Exterior Features: Deck

Garage/Parking

  • Parking Features: 2 Stall, Detached Garage

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Water Source: City

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: 60 x 150
  • Lot Size Sq Ft: 9000
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2349

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2019
Closed on
Nov 15, 2019
Sold by
College Street Inv Llc
Bought by
Duke Dani R and Duke Rona L
Seller's Agent
Carl Ericson
Oakridge Real Estate
List Price
$139,900
Sold Price
$137,000
Premium/Discount to List
-$2,900
-2.07%
Current Estimated Value
$212,115

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,115
Avg. Annual Appreciation
7.53%
Original Mortgage
$13,700
Outstanding Balance
$9,204
Interest Rate
3.19%
Mortgage Type
New Conventional
Estimated Equity
$202,911

Purchase Details

Closed on
Oct 20, 2017
Sold by
Home Street Llc
Bought by
College Street Investments Llc

Purchase Details

Closed on
Aug 6, 2012
Sold by
Kjeldsen Marcus P and Kieldsen Marcus
Bought by
Home Street Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
3.65%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 2012
Sold by
Wood Donna J
Bought by
Kjeldsen Marcus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,500
Interest Rate
3.65%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Duke Dani R $137,000 None Available
College Street Investments Llc -- None Available
Home Street Llc -- None Available
Kjeldsen Marcus $110,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duke Dani R $13,700
Open Duke Dani R $123,300
Previous Owner Home Street Llc $93,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2019 11/25/19 Sold $137,000 -2.1% $104 / Sq Ft
10/27/2019 10/27/19 Pending -- -- --
10/22/2019 10/22/19 For Sale $139,900 -- $106 / 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 $2,418 $178,920 $22,950 $155,970
2024 $2,346 $160,500 $22,950 $137,550
2023 $2,488 $160,500 $22,950 $137,550
2022 $2,518 $134,740 $22,950 $111,790
2021 $2,362 $134,740 $22,950 $111,790
2020 $2,314 $126,820 $19,890 $106,930
2019 $2,314 $126,820 $19,890 $106,930
2018 $2,344 $126,820 $19,890 $106,930
2017 $2,394 $126,820 $19,890 $106,930
2016 $2,242 $126,820 $19,890 $106,930
2015 $2,242 $126,820 $19,890 $106,930
2014 $2,180 $121,960 $19,890 $102,070
Source: Public Records

Agents Affiliated with this Home

  • Carl Ericson

    Seller's Agent in 2019

    Carl Ericson

    Oakridge Real Estate

    (319) 504-3640

    73 in this area

    188 Total Sales

    Carl Ericson
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20195714

Northeast Iowa Regional Board of REALTORS®

APN: 8913-18-403-004

Iowa Black Hawk County Cedar Falls 50613

1827 Rainbow Dr, Cedar Falls, IA

Not Listed for Sale

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