Seller's Agent in 2025
Joe Leehey
Fischels Residential Group
(319) 415-7349
24 in this area
99 Total Sales
2103 Rainbow Dr Cedar Falls, IA 50613
4
Beds
2
Baths
2,668
Sq Ft
11,326
Sq Ft Lot
Highlights
- 2 Car Detached Garage
- Fireplace
- Forced Air Heating and Cooling System
- Peet Junior High School Rated A-
About This Home
As of November 2025This 4 bedroom, 1.75 bath crown jewel of a home prominently situated on the corner of Rainbow Drive and Rownd Street has been meticulously maintained and updated offering a cozy and inviting atmosphere with all modern amenities you'd come to expect from a home today. As you drive by you can't help notice the inviting enclosed wrap around front porch, tile roofing, and the beautiful white brick exterior. The gleaming original hardwood floors throughout the interior are in nearly perfect condition. The home also offers a large living room with an attractive wood burning fireplace as the centerpiece, formal dining, and kitchen with modern appliances and ample counter space that is sure to meet all your culinary needs. Another added bonus to this charming home is the completely finished off attic providing a potential fourth large bedroom or added space to make your own! The exterior of the home offers a drive thru covered carport that leads to the detached 2 stall garage. There is also a fenced in area off the garage, perfect for those that have pets or possibly want a good sized garden area. All this just a few block from Cedar Heights Elementary and many other amenities!
Last Agent to Sell the Property
Fischels Residential Group License #S44699 Listed on: 08/20/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,294
Year Built
- Built in 1917
Lot Details
- 0.26 Acre Lot
- Lot Dimensions are 100x112
Home Design
- Brick Exterior Construction
- Tile Roof
Interior Spaces
- 2,668 Sq Ft Home
- Fireplace
- Unfinished Basement
Bedrooms and Bathrooms
- 4 Bedrooms
Parking
- 2 Car Detached Garage
- Carport
Schools
- Cedar Heights Elementary School
- Peet Junior High
- Cedar Falls High School
Utilities
- Forced Air Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 891318429001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 20, 2025
Closed on
Nov 7, 2025
Sold by
Hruska Nicole
Bought by
Solon Elizabeth A
Seller's Agent
Joe Leehey
Fischels Residential Group
Buyer's Agent
Haley Andersen
Structure Real Estate
List Price
$274,000
Sold Price
$255,000
Premium/Discount to List
-$19,000
-6.93%
Views
82
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,622
Avg. Annual Appreciation
-0.99%
Original Mortgage
$204,000
Outstanding Balance
$203,616
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$50,448
Purchase Details
Listed on
Jun 28, 2023
Closed on
Aug 9, 2023
Sold by
Vieth Cory M
Bought by
Hruska Nicole
Seller's Agent
Chris Fischels
Fischels Commercial Group
List Price
$230,000
Sold Price
$235,000
Premium/Discount to List
$5,000
2.17%
Views
259
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.75%
Original Mortgage
$223,250
Interest Rate
6.81%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 18, 2018
Closed on
Dec 14, 2018
Sold by
Paul J Sorensen T
Bought by
Vieth Cory M
Seller's Agent
Dan Gutknecht,CRS,G
Oakridge Real Estate
List Price
$209,900
Sold Price
$170,000
Premium/Discount to List
-$39,900
-19.01%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.16%
Original Mortgage
$136,000
Interest Rate
4.9%
Mortgage Type
New Conventional
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $255,000 | None Listed On Document | |
| Warranty Deed | $235,000 | None Listed On Document | |
| Warranty Deed | $235,000 | None Listed On Document | |
| Trustee Deed | $170,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $204,000 | New Conventional | |
| Previous Owner | $223,250 | New Conventional | |
| Previous Owner | $136,000 | New Conventional | |
| Previous Owner | $34,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/07/2025 11/07/25 | Sold | $255,000 | -3.7% | $96 / Sq Ft | |
| 09/18/2025 09/18/25 | Pending | -- | -- | -- | |
| 09/08/2025 09/08/25 | Price Changed | $264,900 | -1.5% | $99 / Sq Ft | |
| 08/25/2025 08/25/25 | Price Changed | $269,000 | -1.8% | $101 / Sq Ft | |
| 08/20/2025 08/20/25 | For Sale | $274,000 | +16.6% | $103 / Sq Ft | |
| 08/18/2023 08/18/23 | Sold | $235,000 | +2.2% | $160 / Sq Ft | View Prior Sale |
| 07/06/2023 07/06/23 | Pending | -- | -- | -- | |
| 06/28/2023 06/28/23 | For Sale | $230,000 | +35.3% | $156 / Sq Ft | |
| 12/14/2018 12/14/18 | Sold | $170,000 | 0.0% | $78 / Sq Ft | View Prior Sale |
| 11/10/2018 11/10/18 | Off Market | $170,000 | -- | -- | |
| 11/06/2018 11/06/18 | Price Changed | $179,900 | -5.3% | $82 / Sq Ft | |
| 09/26/2018 09/26/18 | Price Changed | $189,900 | -5.0% | $87 / Sq Ft | |
| 08/09/2018 08/09/18 | Price Changed | $199,900 | -4.8% | $91 / Sq Ft | |
| 07/18/2018 07/18/18 | For Sale | $209,900 | -- | $96 / 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 | $3,732 | $258,690 | $32,200 | $226,490 |
| 2024 | $3,732 | $231,940 | $32,200 | $199,740 |
| 2023 | $3,360 | $221,200 | $32,200 | $189,000 |
| 2022 | $3,398 | $190,870 | $34,500 | $156,370 |
| 2021 | $3,182 | $190,870 | $34,500 | $156,370 |
| 2020 | $3,072 | $177,150 | $29,900 | $147,250 |
| 2019 | $3,072 | $177,150 | $29,900 | $147,250 |
| 2018 | $3,666 | $198,400 | $29,900 | $168,500 |
| 2017 | $3,584 | $198,400 | $29,900 | $168,500 |
| 2016 | $3,352 | $198,400 | $29,900 | $168,500 |
| 2015 | $3,352 | $198,400 | $29,900 | $168,500 |
| 2014 | $3,254 | $190,740 | $29,900 | $160,840 |
Source: Public Records
Agents Affiliated with this Home
-
Joe Leehey
-
Brooke Leehey
B
Seller Co-Listing Agent in 2025
Brooke Leehey
Fischels Residential Group
(319) 404-7297
13 in this area
47 Total Sales
-
Haley Andersen
Buyer's Agent in 2025
Haley Andersen
Structure Real Estate
(319) 243-5654
23 in this area
109 Total Sales
-
Chris Fischels
Seller's Agent in 2023
Chris Fischels
Fischels Commercial Group
(319) 830-5000
35 in this area
334 Total Sales
-
Melissa Youngblut
Seller Co-Listing Agent in 2023
Melissa Youngblut
Fischels Commercial Group
(319) 269-2458
26 in this area
232 Total Sales
-
Dan Gutknecht,CRS,G
Seller's Agent in 2018
Dan Gutknecht,CRS,G
Oakridge Real Estate
(319) 240-3739
41 in this area
62 Total Sales
Map
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20254037
APN: 8913-18-429-001
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Based on information submitted to the MLS GRID
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