NOT LISTED FOR SALE

2806 Rainbow Dr Cedar Falls, IA 50613

Estimated Value: $212,000 - $239,000

3 Beds
2 Baths
1,638 Sq Ft
$136/Sq Ft Est. Value

Last Sold June 05, 2016

Last sale price $158,000 $96 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,426/month

3 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Laundry Room
  • Peet Junior High School Rated A-
  • Enclosed Patio or Porch
  • Central Air

About This Home

As of June 2016

Don't miss this charming 3 bedroom, 2 bath home on a corner lot, walking distance from Cedar Heights Elementary School. An open floor plan in the kitchen, dining and living room makes it ideal for entertaining guests. Main floor laundry and a lower level family room are two more pluses this home possesses. Located in a beautiful area near Hartman Reserve, the private large deck and enclosed porch are perfect for enjoying the outdoors. There is plenty of storage in the 2 stall garage with an attached storage shed.

Last Agent to Sell the Property

Stephanie Ricketts

Structure Real Estate License #S63961000 Listed on: 04/28/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,675

Year Built

  • Built in 1930

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 80x151

Parking

  • 2 Car Detached Garage

Home Design

  • Block Foundation
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,638 Sq Ft Home
  • Ceiling Fan
  • Partially Finished Basement

Kitchen

  • Built-In Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 891317305006

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,675

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Parcel Number: 891317305006
  • Year Built: 1930
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Laundry Room
  • Lot Size Acres: 0.277
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-415-6226
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Roof: Metal
  • TotalFinishedSquareFootage: 1638
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Appliances Negotiable, Built-In Range, Dishwasher, Dryer, Washer
  • Basement: Block, Partially Unfinished
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Below Grade Sq Ft: 650
  • BelowGradeArea: 988

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Deck, Porch-Enclosed

Garage/Parking

  • Parking Features: 2 Stall, Detached Garage

Utilities

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

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: 80x151
  • Lot Size Sq Ft: 12080
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 2675

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2016
Closed on
Jun 3, 2016
Sold by
Phillips Chad J
Bought by
Heinz Joel J and Heinz Melinda S
Seller's Agent
Stephanie Ricketts
Structure Real Estate
List Price
$159,900
Sold Price
$158,000
Premium/Discount to List
-$1,900
-1.19%
Current Estimated Value
$223,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,512
Avg. Annual Appreciation
3.79%
Original Mortgage
$23,700
Outstanding Balance
$2,091
Interest Rate
3.64%
Mortgage Type
Second Mortgage Made To Cover Down Payment
Estimated Equity
$221,421

Purchase Details

Closed on
Jun 7, 2013
Sold by
Nolting Mary J
Bought by
Phillips Wendell T
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
Heinz Joel J $158,000 None Available
Phillips Wendell T $20,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heinz Joel J $23,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2016 06/05/16 Sold $158,000 -1.2% $96 / Sq Ft
05/01/2016 05/01/16 Pending -- -- --
04/28/2016 04/28/16 For Sale $159,900 -- $98 / 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
2024 $2,896 $190,200 $30,600 $159,600
2023 $2,778 $190,200 $30,600 $159,600
2022 $2,810 $159,340 $30,600 $128,740
2021 $2,730 $159,340 $30,600 $128,740
2020 $2,674 $155,260 $26,520 $128,740
2019 $2,674 $155,260 $26,520 $128,740
2018 $2,604 $149,660 $26,520 $123,140
2017 $2,664 $149,660 $26,520 $123,140
2016 $2,644 $149,660 $26,520 $123,140
2015 $2,644 $149,660 $26,520 $123,140
2014 $2,676 $149,660 $26,520 $123,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20162403

Northeast Iowa Regional Board of REALTORS®

APN: 8913-17-305-006