NOT LISTED FOR SALE

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
$292,540

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
Source: Public Records

Range of Values:

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

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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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
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

Source: Public Records

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

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