2103 Rainbow Dr Cedar Falls, IA 50613
Estimated payment $1,741/month
Total Views
1,281
3
Beds
2
Baths
2,668
Sq Ft
$101
Price per Sq Ft
Highlights
- 2 Car Detached Garage
- Fireplace
- Forced Air Heating and Cooling System
- Peet Junior High School Rated A-
About This Home
This 3 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!
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
- 3 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
Map
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|---|
| 2024 | $3,294 | $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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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 |
| 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®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $235,000 | None Listed On Document | |
| Trustee Deed | $170,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $223,250 | New Conventional | |
| Previous Owner | $136,000 | New Conventional | |
| Previous Owner | $34,000 | Unknown | |
| Previous Owner | $0 | Unknown |
Source: Public Records
Similar Homes in Cedar Falls, IA
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20254037
APN: 8913-18-429-001
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