NOT LISTED FOR SALE

2138 Rainbow Dr Waterloo, IA 50701

Estimated Value: $164,000 - $191,000

3 Beds
1 Bath
1,183 Sq Ft
$151/Sq Ft Est. Value

Last Sold November 08, 2024

Last sale price $168,800 $143 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,178/month

42 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Peet Junior High School Rated A-
  • Landscaped
  • Water Softener is Owned

About This Home

As of November 2024

Deal flipped due to financing. Check out this fantastic property.Welcome to this delightful 13⁄4 story home featuring 3 bedrooms and 1 bathroom, perfectly situated on a generous 0.59-acre lot in the Cedar Falls School district. Boasting a spacious fenced-in rear yard, this property offers ample space for outdoor activities, gardening, or simply enjoying the day. Step inside to a warm and inviting living room, perfect for relaxing. Other interior highlights include, The kitchen which is both functional and stylish, featuring ample cabinetry and counter space to meet all your culinary needs. All kitchen appliances are included, making this a truly move-in-ready home, hard wood flooring and a cozy dining area conveniently located off the kitchen, ideal for family meals. A detached 2-stall garage provides plenty of storage and parking space. Located in the Cedar Falls School District, this home is perfect for families looking for a peaceful retreat with easy access to local amenities. Furance new in 2010 and Water Heater brand new August 2024. Don’t miss out on this wonderful opportunity!

Last Agent to Sell the Property

Amy Schaefer

RE/MAX Concepts - Cedar Falls License #B57835 Listed on: 08/23/2024

RE/MAX Concepts - Cedar Falls

Last Buyer's Agent

Carissa Holton

EXP Realty, LLC License #S6485100

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,875

Year Built

  • Built in 1940

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 92 x 260
  • Fenced
  • Landscaped

Home Design

  • Shingle Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,183 Sq Ft Home
  • Ceiling Fan
  • Wood Flooring
  • Unfinished Basement
  • Sump Pump
  • Fire and Smoke Detector
  • Laundry on lower level

Kitchen

  • Free-Standing Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Schools

  • Cedar Heights Elementary School
  • Peet Junior High
  • Cedar Falls High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Electric Water Heater
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 891317404044

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,875

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Parcel Number: 891317404044
  • Year Built: 1940
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Lower Level
  • Lot Size Acres: 0.59
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-266-7100
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Interior Features: Ceiling Fan(s), Ceiling Fan/Light, Hardwood Floors
  • Reso Roof: Shingle, Asphalt
  • TotalFinishedSquareFootage: 1183
  • ImprovementRating: Updated
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Dishwasher, Disposal, Microwave Built In, Free-Standing Range, Sump Pump, Refrigerator, Electric Water Heater, Water Softener Owned
  • Basement: Unfinished
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • BelowGradeArea: 816

Exterior Features

  • Construction Type: Aluminum Siding, Other
  • Exterior Features: Sidewalk, Fenced Yard, Landscaping

Garage/Parking

  • Parking Features: 2 Stall, Detached Garage, Garage Door Opener

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, Gas
  • Sewer: City Sewer
  • Water Source: City

Condo/Co-op/Association

  • Association Fee Frequency: N/A

Schools

  • Elementary School: Cedar Heights Elementary
  • High School: Cedar Falls High
  • Middle Or Junior School: Peet Junior High

Lot Info

  • Zoning: R-1
  • Lot Dimensions: 92 X 260
  • Lot Size Sq Ft: 25570
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2875

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2024
Closed on
Nov 6, 2024
Sold by
Jolley Eric O and Jolley Eric D
Bought by
Mathews Madison Leigh and Monfils Timothy Joseph
Seller's Agent
Amy Schaefer
RE/MAX Concepts - Cedar Falls
Buyer's Agent
Carissa Holton
EXP Realty, LLC
List Price
$168,900
Sold Price
$168,800
Premium/Discount to List
-$100
-0.06%
Views
22
Current Estimated Value
$178,719

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,919
Avg. Annual Appreciation
5.05%
Original Mortgage
$126,600
Outstanding Balance
$125,292
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$53,427

Purchase Details

Closed on
Apr 25, 2008
Sold by
Bare Darren L and Bare Christina L
Bought by
Jolley Eric O and Jolley Darcy F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,900
Interest Rate
5.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Purchase History

Date Buyer Sale Price Title Company
Mathews Madison Leigh $169,000 None Listed On Document
Mathews Madison Leigh $169,000 None Listed On Document
Jolley Eric O $111,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mathews Madison Leigh $126,600
Closed Mathews Madison Leigh $126,600
Previous Owner Jolley Eric O $110,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2024 11/08/24 Sold $168,800 0.0% $143 / Sq Ft
10/04/2024 10/04/24 Pending -- -- --
09/24/2024 09/24/24 Price Changed $168,800 -0.1% $143 / Sq Ft
09/24/2024 09/24/24 For Sale $168,900 0.0% $143 / Sq Ft
08/26/2024 08/26/24 Pending -- -- --
08/23/2024 08/23/24 For Sale $168,900 -- $143 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

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 $2,918 $162,440 $41,360 $121,080
2024 $2,918 $151,610 $41,360 $110,250
2023 $2,674 $151,610 $41,360 $110,250
2022 $2,638 $125,070 $41,360 $83,710
2021 $2,276 $125,070 $41,360 $83,710
2020 $2,212 $108,820 $33,080 $75,740
2019 $2,212 $108,820 $33,080 $75,740
2018 $2,196 $108,820 $33,080 $75,740
2017 $2,196 $108,820 $33,080 $75,740
2016 $2,124 $108,820 $33,080 $75,740
2015 $2,124 $108,820 $33,080 $75,740
2014 $2,138 $108,820 $33,080 $75,740
Source: Public Records

Agents Affiliated with this Home

  • Amy Schaefer

    Seller's Agent in 2024

    Amy Schaefer

    RE/MAX

    (319) 433-8766

    120 Total Sales

    Amy Schaefer
    Section Image
  • Carissa Holton

    Buyer's Agent in 2024

    Carissa Holton

    EXP Realty, LLC

    (319) 830-3598

    39 Total Sales

    Carissa Holton
    Section Image
See All Agents

Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20243745

Northeast Iowa Regional Board of REALTORS®

APN: 8913-17-404-044

Iowa Black Hawk County Waterloo 50701

2138 Rainbow Dr, Waterloo, IA

Not Listed for Sale

Detached

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.

Northeast Iowa Regional Board of REALTORS® 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.

Nearby Homes