2116 Rainbow Dr Cedar Falls, IA 50613
Estimated Value: $255,158 - $328,000
4
Beds
2
Baths
1,878
Sq Ft
$156/Sq Ft
Est. Value
About This Home
This home is located at 2116 Rainbow Dr, Cedar Falls, IA 50613 and is currently estimated at $292,540, approximately $155 per square foot. 2116 Rainbow Dr is a home located in Black Hawk County with nearby schools including Cedar Heights Elementary School, Peet Junior High School, and Cedar Falls High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 19, 2021
Sold by
Mcnamara Joani E and Mcnamara Todd P
Bought by
Mcnamara Joani E and Mcnamara Todd P
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Outstanding Balance
$245,095
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$47,445
Purchase Details
Closed on
Aug 31, 2017
Sold by
Korf Henry R
Bought by
Korf Joan M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Aug 18, 2005
Sold by
Parks Charlotte I and Parks Jack Richard
Bought by
Parks Charlotte I and Paris Charlene M
Purchase Details
Closed on
Feb 14, 2005
Sold by
Cendant Mobility Financial Corp
Bought by
Korf Henry R and Korf Joan M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,200
Interest Rate
6.85%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Nov 5, 2004
Sold by
Backer David J and Backer Dawn R
Bought by
Cendant Mobility Financial Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,300
Interest Rate
5.82%
Mortgage Type
Stand Alone Second
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcnamara Joani E | -- | None Available | |
| Korf Joan M | -- | None Available | |
| Parks Charlotte I | -- | None Available | |
| Korf Henry R | $181,500 | Multiple | |
| Cendant Mobility Financial Corp | $181,500 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcnamara Joani E | $270,000 | |
| Closed | Korf Joan M | $192,500 | |
| Previous Owner | Korf Henry R | $145,200 | |
| Previous Owner | Cendant Mobility Financial Corp | $36,300 |
Source: Public Records
Tax History Compared to Growth
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 | $3,644 | $273,770 | $43,630 | $230,140 |
| 2024 | $3,644 | $236,670 | $43,630 | $193,040 |
| 2023 | $3,632 | $236,670 | $43,630 | $193,040 |
| 2022 | $3,674 | $205,620 | $43,630 | $161,990 |
| 2021 | $3,560 | $205,620 | $43,630 | $161,990 |
| 2020 | $3,486 | $199,800 | $37,810 | $161,990 |
| 2019 | $3,486 | $199,800 | $37,810 | $161,990 |
| 2018 | $3,400 | $192,750 | $37,810 | $154,940 |
| 2017 | $3,478 | $192,750 | $37,810 | $154,940 |
| 2016 | $3,252 | $192,750 | $37,810 | $154,940 |
| 2015 | $3,252 | $192,750 | $37,810 | $154,940 |
| 2014 | $3,230 | $192,750 | $37,810 | $154,940 |
Source: Public Records
Map
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