NOT LISTED FOR SALE

2912 Rainbow Dr Cedar Falls, IA 50613

Estimated Value: $363,000 - $410,596

4 Beds
5 Baths
3,904 Sq Ft
$98/Sq Ft Est. Value

Last Sold April 06, 2018

Last sale price $252,200 $65 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,455/month

245 Days on Market

Highlights

  • Fireplace in Bedroom
  • Wood Burning Stove
  • Wet Bar
  • Peet Junior High School Rated A-
  • 3 Car Attached Garage
  • 3-minute walk to George Wyth Memorial State Park

About This Home

As of April 2018

This home has room for EVERYONE! With two separate entrances (originally built to house a daycare), there is room for your family and home business possibilities! Highlights include 4+ levels, 4 bedrooms (master suite w/full bath, fireplace, wet bar, walk in closet, private deck, skylights), 5 bathrooms, a gourmet kitchen complete with professional gas stove/oven with a Jenn-Air stainless hood system all housed in a brick cove, newer fridge and dishwasher. Mid-level family room includes a wood burning stove, half bath, newer carpet and garden windows with great natural light. The lowest level apartment area has a kitchen with gas stove and refrigerator, living area with egress, a half bath, and bedroom with a separate entrance/exit through the over-sized 3 stall garage (35W X 24D)! The west side of the home could be a number of in-home businesses with it's own entrance and bathroom, not to mention large driveway area. The Newer amenities are 2010 C/A, 2012 furnace, 2013 50 year roof (with transferable warranty), water heater Dec 2017. This is a home you have to SEE to believe.

Last Agent to Sell the Property

Don Betts

Oakridge Real Estate License #S6224900 Listed on: 05/05/2017

Oakridge Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,255

Year Built

  • Built in 1993

Lot Details

  • 0.34 Acre Lot
  • Fenced
  • Landscaped
  • Garden

Home Design

  • Concrete Foundation
  • Shingle Roof
  • Wood Shingle Roof
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 3,904 Sq Ft Home
  • Multi-Level Property
  • Wet Bar
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Family Room with Fireplace

Kitchen

  • Free-Standing Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Bedroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Partially Finished Basement

  • Interior and Exterior Basement Entry
  • Sump Pump

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Covered Deck

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Gas Water Heater
  • Water Softener is Owned
  • Fiber Optics Available

Listing and Financial Details

  • Assessor Parcel Number 891317328003

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,255

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Parcel Number: 891317328003
  • Year Built: 1993
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: 1st Floor, Dryer Hookup-Ele, Laundry Room, Washer Hookup
  • Lot Size Acres: 0.343
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-277-5005
  • MLS Status: Closed
  • Architectural Style: Multi-Level
  • Reso Fireplace Features: Bedroom, Family Room, Wood Burning Stove, Woodburning Fireplce
  • Reso Interior Features: Ceiling Fan(s), Ceiling Fan/Light, Fiber Optic, Pantry, Wet Bar
  • Reso Roof: Shingle, Wood Shingle, Asphalt
  • TotalFinishedSquareFootage: 3904
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Smoke Detector, Dishwasher, Dryer, Disposal, Humidifier, Free-Standing Range, Sump Pump, Refrigerator, Vented Exhaust Fan, Washer, Gas Water Heater, Water Softener, Water Softener Owned
  • Basement: Concrete, Entrance-Inside, Entrance-Outside, Floor Drain, Partially Finished
  • Full Bathrooms: 1
  • Half Bathrooms: 3
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1600
  • BelowGradeArea: 2100

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Sidewalk, Covered Deck, Fenced Yard, Garden, Landscaping, Security System Available

Garage/Parking

  • Parking Features: 3 or More Stalls, Attached Garage, Garage Door Opener, Oversized

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air, 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: 67FX60RX235S
  • Lot Size Sq Ft: 14922.5
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 5255

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2017
Closed on
Apr 6, 2018
Sold by
Gotera Vicente and Blue Mary A
Bought by
Sitzmann Jeffrey J and Sitzmann Melissa M
Seller's Agent
Don Betts
Oakridge Real Estate
List Price
$299,900
Sold Price
$252,200
Premium/Discount to List
-$47,700
-15.91%
Current Estimated Value
$382,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,949
Avg. Annual Appreciation
5.70%
Original Mortgage
$186,150
Outstanding Balance
$160,160
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$221,989
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
Sitzmann Jeffrey J $252,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sitzmann Jeffrey J $186,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/06/2018 04/06/18 Sold $252,200 0.0% $65 / Sq Ft
01/06/2018 01/06/18 Off Market $252,200 -- --
05/05/2017 05/05/17 For Sale $299,900 -- $77 / 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 $5,152 $330,420 $27,890 $302,530
2023 $4,766 $330,420 $27,890 $302,530
2022 $4,822 $267,030 $27,890 $239,140
2021 $4,742 $267,030 $27,890 $239,140
2020 $4,646 $263,310 $24,170 $239,140
2019 $4,646 $263,310 $24,170 $239,140
2018 $4,982 $252,910 $24,170 $228,740
2017 $5,094 $278,330 $24,170 $254,160
2016 $4,764 $278,330 $24,170 $254,160
2015 $4,764 $278,330 $24,170 $254,160
2014 $4,820 $278,330 $24,170 $254,160
Source: Public Records

Agents Affiliated with this Home

  • Don Betts

    Seller's Agent in 2018

    Don Betts

    Oakridge Real Estate

    (319) 240-2784

    14 in this area

    37 Total Sales

    Don Betts
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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20172461

Northeast Iowa Regional Board of REALTORS®

APN: 8913-17-328-003

Iowa Black Hawk County Cedar Falls 50613

2912 Rainbow Dr, Cedar Falls, IA

This home is located at 2912 Rainbow Dr, Cedar Falls, IA 50613 since 05 May 2017 and is currently estimated at $382,149, approximately $97 per square foot. This property was built in 1993. 2912 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.

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.

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