NOT LISTED FOR SALE

1928 Rainbow Dr Cedar Falls, IA 50613

Estimated Value: $204,480 - $218,000

3 Beds
2 Baths
1,320 Sq Ft
$161/Sq Ft Est. Value

Last Sold July 18, 2016

Last sale price $130,000 $98 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,326/month

4 Days on Market

Highlights

  • Wooded Lot
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Peet Junior High School Rated A-
  • Patio

About This Home

As of July 2016

Sparkling home in highly desired Cedar Heights area featuring extensive remodeling and updating since purchased in 1999. Updates include roof(2010); siding (2012); furnace and A/C (2013). It has new flooring, cabinets and fixtures in both bathrooms; engineered bamboo flooring in kitchen and dining; appliances; and newer carpeting. The oversized 2 stall garage was added in 1988. This home is priced right, so you had better hurry!!!

Last Agent to Sell the Property

Gary Rohwedder

Oakridge Real Estate License #S35642 Listed on: 06/02/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,342

Year Built

  • Built in 1913

Lot Details

  • 8,990 Sq Ft Lot
  • Lot Dimensions are 62 x 145
  • Wooded Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Shingle Roof
  • Vinyl Siding
  • Cedar

Interior Spaces

  • 1,320 Sq Ft Home
  • Partially Finished Basement
  • Sump Pump
  • Laundry on lower level

Kitchen

  • Built-In Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater

Community Details

  • Cedar Heights 1St Addition Subdivision

Listing and Financial Details

  • Assessor Parcel Number 891318257008

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,342

Year Built

Built in 1913

Lot Details

8,990 Sq Ft Lot

Listing Details

  • Parcel Number: 891318257008
  • Year Built: 1913
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Lower Level
  • ResoLotFeatures: Wooded
  • Lot Size Acres: 0.206
  • Road Surface Type: Gravel
  • Co List Office Phone: 319-277-5005
  • MLS Status: Closed
  • Subdivision Name: Cedar Heights 1st Addition
  • Reso Fireplace Features: None
  • Reso Roof: Shingle
  • TotalFinishedSquareFootage: 1320
  • ImprovementRating: Updated
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Built-In Range, Dishwasher, Disposal, Sump Pump, Refrigerator, Electric Water Heater
  • Basement: Partially Unfinished
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • BelowGradeArea: 1080

Exterior Features

  • Construction Type: Vinyl Siding, Cedar
  • Exterior Features: Patio

Garage/Parking

  • Parking Features: 2 Stall, Detached Garage, Oversized

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: 62 x 145
  • Lot Size Sq Ft: 8990
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2342

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2016
Closed on
Jul 18, 2016
Sold by
Burke James A and Burke Cara L
Bought by
Schroeder Chad and Schroeder Erica L
Seller's Agent
Gary Rohwedder
Oakridge Real Estate
List Price
$134,500
Sold Price
$130,000
Premium/Discount to List
-$4,500
-3.35%
Current Estimated Value
$212,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,620
Avg. Annual Appreciation
5.21%
Original Mortgage
$120,500
Outstanding Balance
$95,811
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$116,809

Purchase Details

Closed on
Mar 1, 2013
Sold by
Burke James A and Burke Cara L
Bought by
Burke James A and Burke Cara L

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
3.34%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Schroeder Chad $130,000 None Available
Burke James A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schroeder Chad $120,500
Previous Owner Burke James A $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2016 07/18/16 Sold $130,000 -3.3% $98 / Sq Ft
06/06/2016 06/06/16 Pending -- -- --
06/02/2016 06/02/16 For Sale $134,500 -- $102 / 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 $2,500 $192,720 $23,480 $169,240
2024 $2,500 $165,570 $23,480 $142,090
2023 $2,418 $165,570 $23,480 $142,090
2022 $2,446 $139,870 $23,480 $116,390
2021 $2,386 $139,870 $23,480 $116,390
2020 $2,336 $136,740 $20,350 $116,390
2019 $2,336 $136,740 $20,350 $116,390
2018 $2,272 $131,680 $20,350 $111,330
2017 $2,474 $131,680 $20,350 $111,330
2016 $2,316 $131,030 $20,350 $110,680
2015 $2,316 $131,030 $20,350 $110,680
2014 $2,342 $131,030 $20,350 $110,680
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20163159

Northeast Iowa Regional Board of REALTORS®

APN: 8913-18-257-008

Your Personal Tour Guide

Ask me questions while you tour the home.