NOT LISTED FOR SALE

245 Rainbow Dr Sheldon, IA 51201

Estimated Value: $400,000 - $415,284

6 Beds
3 Baths
3,680 Sq Ft
$111/Sq Ft Est. Value

Last Sold June 29, 2023

Last sale price $392,000 $107 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,667/month

20 Days on Market

Highlights

  • Multiple Garages
  • Ranch Style House
  • 3 Car Attached Garage
  • East Elementary School Rated A
  • Workshop
  • Living Room

About This Home

As of June 2023

Don't miss out on this six bedroom, three bathroom, ranch style home located in a family friendly neighborhood!  With over two thousand square feet of living space on the main floor alone, your family will have space to settle in and make this house their home!  Picture yourself in the spacious kitchen, prepping supper for your family, while the kids do their homework at the generous island.  There is also an abundance of cabinets for all your kitchen storage needs.  Off of one side of the kitchen you will find a casual sitting room, great for an evening recap or a morning coffee.  Off of the other side, gather your family in the cozy living room complete with a fireplace.  Also located on the main floor is the large master bedroom complete with an en-suite bathroom and large closet. Two additional bedrooms also with large closets, a second bathroom, and laundry finish off the main floor.   Follow me downstairs to find an additional generous living space!  The family room down here also features a second fireplace as well as plenty of space for games and stretching during those long winter months!  Finishing off the basement there are three ample sized bedrooms and a bathroom. You won’t be short on storage spaces in this home!  The heated garage is a two stall double deep, giving you three parking spots or extra space to store all your extra necessities.  An AWESOME bonus room in the garage is the ideal spot for hobbies, storage, he/she room, game nights, teen hang out space, memorabilia room, etc.  The backyard has space galore for your kids, grand kids, and/or fur babies to run around and enjoy themselves!  Last but certainly not least, several updates throughout the home deserve mentioning, including but not limited to, new siding, gutters, soffits, windows, paint, canned lighting and more - you'll have to take a look to see it all for yourself!

Last Agent to Sell the Property

Corey Elgersma

ISB Services Inc Listed on: 03/24/2023

Last Buyer's Agent

Corey Elgersma

ISB Services Inc Listed on: 03/24/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,006

Year Built

  • Built in 1994

Lot Details

  • 0.32 Acre Lot

Parking

  • 3 Car Attached Garage
  • Multiple Garages
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Dining Room
  • Workshop
  • Finished Basement
  • Bedroom in Basement
  • Fire and Smoke Detector
  • Laundry on main level

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Bathrooms

Schools

  • Sheldon Elementary And Middle School
  • Sheldon High School

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener Leased
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 0049175500

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,006

Year Built

Built in 1994

Lot Details

0

Parking

3

Listing Details

  • Property Class: Residential
  • Type: Residential
  • Style: Ranch
  • Legal Description: NEW HORIZON THIRD ADD LOT 5 & S 12' OF LOT 6 BLK 1
  • Year Built: 1994
  • 13: Name: Bedroom, On Level: Basement
  • School Middle Junior: Sheldon
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Total Bedrooms: 6
  • Total Bathrooms: 3
  • Basement: Finished
  • Basement Rooms: 3/4 Bath, Bedroom, Family
  • Main Level Rooms: 3/4 Bath, Bedroom, Den, Dining, Full Bath, Kitchen, Laundry, Living, Master
  • Total Sq Ft: 3680
  • Main Level Sq Ft: 2040
  • Sq Ft Above Grade: 2040
  • Sq Ft Below Grade Finishe: 1640
  • Sq Ft Below Grade Total: 2040
  • Sq Ft Below Grade Unfinis: 400
  • Price Per Sq Ft: 192.16

Exterior Features

  • Exterior: Vinyl
  • Roof: Shingle

Garage/Parking

  • Garage Type: Attached, Multiple
  • Internet: Yes
  • Driveway: Concrete
  • Garage Spaces: 3
  • Sq Ft Garage: 1450

Utilities

  • Air Conditioning Type: Central
  • Heat Type: Forced Air
  • Sewer Type: City
  • Water Softener: Rented
  • Water Type: City

Association/Amenities

  • Amenities: Brick Accent, Built-Ins, Garage Door Opener, Main Floor Laundry, Master Bath, Oversized Garage, Smoke Detector, Workshop

Schools

  • Elementary School: Sheldon
  • Middle School: Sheldon
  • High School: Sheldon

Lot Info

  • Acres: 0.32
  • Parcel Number: 0049175500
  • Zoning: R

Tax Info

  • Year: 2023
  • Gross Taxes: 2006

MLS Schools

  • School Elementary: Sheldon
  • School High: Sheldon

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2024
Sold by
Boone Kenneth and Boone Linda
Bought by
Nordahl Richard E and Nordahl Carma K
Current Estimated Value
$408,821

Purchase Details

Listed on
Mar 24, 2023
Closed on
Jun 27, 2023
Sold by
Vander Sluis Greg and Jenni Vander
Bought by
Nordahl Richard E and Nordahl Carma K
Seller's Agent
Corey Elgersma
ISB Services Inc
Buyer's Agent
Corey Elgersma
ISB Services Inc
List Price
$435,000
Sold Price
$392,000
Premium/Discount to List
-$43,000
-9.89%
Views
75

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.90%
Original Mortgage
$200,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2018
Sold by
Obrien County
Bought by
Vander Sluis Greg Vander and Vander Sluis Jenni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
4.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Nordahl Richard E $14,250 None Listed On Document
Nordahl Richard E $518,250 None Listed On Document
Vander Sluis Greg Vander $245,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nordahl Richard E $199,000
Closed Nordahl Richard E $160,000
Previous Owner Nordahl Richard E $60,000
Previous Owner Nordahl Richard E $200,000
Previous Owner Vander Sluis Gregory Lee $669,875
Previous Owner Sluis Greg Vander $200,000
Previous Owner Vander Sluis Greg Vander $200,000
Previous Owner Dekruif James S $180,000
Previous Owner Dekruif James S $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2023 06/29/23 Sold $392,000 -9.9% $107 / Sq Ft
04/20/2023 04/20/23 Price Changed $435,000 0.0% $118 / Sq Ft
04/20/2023 04/20/23 For Sale $435,000 0.0% $118 / Sq Ft
04/13/2023 04/13/23 Pending -- -- --
03/24/2023 03/24/23 For Sale $435,000 -- $118 / Sq Ft
Source: Northwest 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
2024 $5,276 $339,580 $32,300 $307,280
2023 $5,276 $337,480 $30,200 $307,280
2022 $5,006 $292,410 $27,450 $264,960
2021 $5,006 $292,410 $27,450 $264,960
2020 $4,470 $254,440 $13,180 $241,260
2019 $4,540 $254,790 $0 $0
2018 $4,248 $254,790 $0 $0
2017 $4,248 $240,690 $0 $0
2016 $4,496 $240,690 $0 $0
2015 $4,496 $217,940 $0 $0
2014 $4,072 $217,940 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Iowa Regional Board of REALTORS®

MLS Number: 820300

Northwest Iowa Regional Board of REALTORS®

APN: 0000491755