Lindsey Bierman
Epique Realty
(319) 271-1527
48 Total Sales
3 in Cedar Falls
$45K - $275K Price Range
2103 Rainbow Dr Cedar Falls, IA 50613
Cedar Falls AreaEstimated Value: $268,870
4
Beds
2
Baths
2,668
Sq Ft
$101/Sq Ft
Est. Value
Highlights
- 2 Car Detached Garage
- Fireplace
- Forced Air Heating and Cooling System
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
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,294
Year Built
- Built in 1917
Lot Details
- 11,200 Sq Ft 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 20, 2025
Closed on
Nov 7, 2025
Sold by
Bought by
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
$13,870
Avg. Annual Appreciation
7.42%
Original Mortgage
$204,000
Outstanding Balance
$202,438
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$66,432
Purchase Details
Listed on
Jun 28, 2023
Closed on
Aug 9, 2023
Sold by
Bought by
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
6.89%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 18, 2018
Closed on
Dec 14, 2018
Sold by
Bought by
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Cedar Falls, IA
-
Lindsey Bierman
-
Sarah Buchheit
Sarah Buchheit
Pella Real Estate Services
(641) 627-6695
198 Total Sales
2 in Cedar Falls
$188K - $260K Price Range
-
Bob Delveau
Bob Delveau
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$70K - $485K Price Range
-
Rick Bauer
Rick Bauer
RE/MAX Concepts - Cedar Falls
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-
Wesley Sorge
Wesley Sorge
Midtown Realty
(319) 349-8278
23 Total Sales
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$140K - $146K Price Range
-
Carl Ericson
Carl Ericson
Oakridge Real Estate
(319) 595-4356
199 Total Sales
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$93K - $855K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $255,000 | None Listed On Document | ||
| $235,000 | None Listed On Document | ||
| $235,000 | None Listed On Document | ||
| $170,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $204,000 | ||
| Previous Owner | $223,250 | ||
| Previous Owner | $136,000 | ||
| Previous Owner | $34,000 | ||
| Previous Owner | -- |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
Seller's Agent in 2025
Joe Leehey
Fischels Residential Group
(319) 415-7349
103 Total Sales
-
Brooke Leehey
B
Seller Co-Listing Agent in 2025
Brooke Leehey
Fischels Residential Group
(319) 404-7297
51 Total Sales
-
Haley Andersen
Buyer's Agent in 2025
Haley Andersen
Structure Real Estate
(319) 243-5654
114 Total Sales
-
Chris Fischels
Seller's Agent in 2023
Chris Fischels
Fischels Commercial Group
(319) 830-5000
315 Total Sales
-
Melissa Youngblut
Seller Co-Listing Agent in 2023
Melissa Youngblut
Fischels Commercial Group
(319) 269-2458
223 Total Sales
-
Dan Gutknecht,CRS,G
Seller's Agent in 2018
Dan Gutknecht,CRS,G
Oakridge Real Estate
(319) 240-3739
69 Total Sales
Map
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20254037
APN: 8913-18-429-001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listings courtesy of Northeast Iowa Regional Board of REALTORS® as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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