NOT LISTED FOR SALE

1905 Rainbow Dr Cedar Falls, IA 50613

Estimated Value: $216,000 - $239,000

3 Beds
2 Baths
1,653 Sq Ft
$135/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $197,000 $119 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,407/month

3 Days on Market

Highlights

  • Deck
  • Wood Burning Stove
  • Fireplace
  • Peet Junior High School Rated A-
  • 2 Car Detached Garage
  • Laundry Room

About This Home

As of April 2022

If you're looking for a character home, this one is it! From the moment you step through the front door you're greeted with beautiful wood floors, cove ceilings and an open design between the living and dining room areas. The kitchen offers plenty of cabinet space and quick access to the backyard deck & fenced yard. A main floor bedroom has large closets and is just off the bathroom. Upstairs features 2 more bedrooms and lots of storage. The surprise for this home is the finished lower level offering a great family room, a bonus room that could be used for an office or workout area, 3/4 bath PLUS a very stylish laundry room! Definitely one to look at!

Last Agent to Sell the Property

Bryn Mangrich

Oakridge Real Estate License #S44436 Listed on: 03/15/2022

Oakridge Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,526

Year Built

  • Built in 1935

Lot Details

  • 8,625

Parking

  • 2 Car Detached Garage

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,653 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Wood Burning Stove
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry on lower level

Schools

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

Utilities

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

Additional Features

  • Deck
  • 8,625 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 891318403008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,526

Year Built

Built in 1935

Lot Details

8,625 Sq Ft Lot

Listing Details

  • Parcel Number: 891318403008
  • Year Built: 1935
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Laundry Room, Lower Level
  • Lot Size Acres: 0.2
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-277-5005
  • MLS Status: Closed
  • Reso Fireplace Features: One, Wood Burning Stove
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 1653
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Appliances Negotiable
  • Basement: Partially Unfinished
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 400
  • BelowGradeArea: 726

Exterior Features

  • Construction Type: Aluminum Siding
  • Exterior Features: Deck

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: Irregular
  • Lot Size Sq Ft: 8625
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2525.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 29, 2020
Closed on
Nov 24, 2020
Sold by
Kressin Jonathan and Kressin Brooke K
Bought by
Guenther Joshua Jon
Seller's Agent
Amy Wienands
AWRE, EXP Realty, LLC
List Price
$164,900
Sold Price
$164,900
Current Estimated Value
$223,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,401
Avg. Annual Appreciation
5.92%
Original Mortgage
$159,953
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 10, 2017
Closed on
Jul 2, 2017
Sold by
Butterfuss Joshua
Bought by
Wegner Brooke and Kressin Jonathan
Seller's Agent
Stephanie Ricketts
Structure Real Estate
List Price
$174,900
Sold Price
$160,000
Premium/Discount to List
-$14,900
-8.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.88%
Original Mortgage
$155,200
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2012
Sold by
Wojcik Ryan M and Wojcik Betsy
Bought by
Dodge N P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,839
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 12, 2006
Sold by
Ebensberger Jason
Bought by
Recker Amy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.66%
Mortgage Type
New Conventional
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
Guenther Joshua Jon $165,000 None Listed On Document
Guenther Joshua Jon $165,000 Title Services
Wegner Brooke -- None Available
Dodge N P -- None Available
Recker Amy J $125,000 Black Hawk County Abstract C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guenther Joshua Jon $159,953
Previous Owner Wegner Brooke $155,200
Previous Owner Dodge N P $141,839
Previous Owner Recker Amy J $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2022 04/29/22 Sold $197,000 +6.5% $119 / Sq Ft
03/18/2022 03/18/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $184,900 +12.1% $112 / Sq Ft
12/11/2020 12/11/20 Sold $164,900 0.0% $100 / Sq Ft View Prior Sale
10/30/2020 10/30/20 Pending -- -- --
10/29/2020 10/29/20 For Sale $164,900 +3.1% $100 / Sq Ft
07/05/2017 07/05/17 Sold $160,000 -8.5% $97 / Sq Ft View Prior Sale
05/25/2017 05/25/17 Pending -- -- --
05/10/2017 05/10/17 For Sale $174,900 +10.3% $106 / Sq Ft
05/29/2015 05/29/15 Sold $158,500 -2.5% $76 / Sq Ft View Prior Sale
04/23/2015 04/23/15 Pending -- -- --
03/17/2015 03/17/15 For Sale $162,500 -- $78 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

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 $2,798 $191,350 $25,560 $165,790
2024 $2,798 $173,920 $25,560 $148,360
2023 $2,674 $173,920 $25,560 $148,360
2022 $2,694 $144,800 $25,560 $119,240
2021 $2,526 $144,210 $25,560 $118,650
2020 $2,476 $135,640 $22,150 $113,490
2019 $2,476 $135,640 $22,150 $113,490
2018 $2,304 $135,640 $22,150 $113,490
2017 $2,304 $133,400 $22,150 $111,250
2016 $2,204 $133,400 $22,150 $111,250
2015 $2,204 $133,400 $22,150 $111,250
2014 $2,138 $128,340 $22,150 $106,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20220952

Northeast Iowa Regional Board of REALTORS®

APN: 8913-18-403-008

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