NOT LISTED FOR SALE

2916 Rainbow Dr Cedar Falls, IA 50613

Estimated Value: $212,000 - $266,000

4 Beds
2 Baths
1,755 Sq Ft
$138/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $208,500 $119 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,543/month

35 Days on Market

Highlights

  • Deck
  • 2 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Peet Junior High School Rated A-
  • Enclosed Patio or Porch
  • 3-minute walk to George Wyth Memorial State Park

About This Home

As of August 2021

Don't miss this beautifully updated 4 bedroom, 2 bath ranch home within walking distance of Cedar Heights Elementary and hiking trails! Walking in through the front door, you'll be greeted with a cozy living room that leads right into the updated kitchen with newer appliances, and 4 season porch/mudroom that overlooks the expansive backyard. The main floor is completed with 3 bedrooms and updated full bath. Downstairs, find the perfect hang out area, large laundry area with bathroom and 4th bedroom. You'll also find ample storage space. Outdoors you can enjoy the large back deck, perfect for relaxing and grilling on a summer night. Let the kids or pets run in the expansive backyard. 2 stall, oversized, heated garage.

Last Agent to Sell the Property

Bethany Benner

Oakridge Real Estate License #S67248 Listed on: 06/23/2021

Oakridge Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,029

Year Built

  • Built in 1955

Lot Details

  • 0.34 Acre Lot
  • Property is zoned R-2

Home Design

  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,755 Sq Ft Home
  • Ceiling Fan
  • Laundry on lower level

Bedrooms and Bathrooms

  • 4 Bedrooms

Partially Finished Basement

  • Brick Basement
  • Interior Basement Entry

Parking

  • 2 Car Detached Garage
  • Heated Garage

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 891317328004

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,029

Year Built

Built in 1955

Lot Details

0.34 Acres

Listing Details

  • Parcel Number: 891317328004
  • Year Built: 1955
  • Property Sub-Type: Single Family Residence
  • PropertyType: Residential
  • ResoLaundryFeatures: Lower Level
  • Lot Size Acres: 0.34
  • Road Surface Type: Concrete
  • Co List Office Phone: 319-277-5005
  • MLS Status: Closed
  • Reso Fireplace Features: None
  • Reso Roof: Asphalt
  • TotalFinishedSquareFootage: 1755
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Appliances Negotiable
  • Basement: Brick/Mortar, Entrance-Inside, Partially Unfinished
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 575
  • BelowGradeArea: 1012

Exterior Features

  • Construction Type: Vinyl Siding
  • Exterior Features: Deck, Porch-4 Season, Porch-Enclosed

Garage/Parking

  • Parking Features: 2 Stall, Detached Garage, Heated Garage, Oversized

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • 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-2
  • Lot Dimensions: 66x60Rx235
  • Lot Size Sq Ft: 14805
  • Additional Parcels: No

Tax Info

  • Tax Annual Amount: 3029.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Aug 27, 2021
Sold by
Ackerson James D and Ackerson Elizabeth P
Bought by
Sigman Bryan Paul and Sieman Audrie Lee
Seller's Agent
Bethany Benner
Oakridge Real Estate
List Price
$190,000
Sold Price
$208,500
Premium/Discount to List
$18,500
9.74%
Current Estimated Value
$241,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,050
Avg. Annual Appreciation
3.28%
Original Mortgage
$187,650
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 23, 2018
Closed on
Aug 10, 2018
Sold by
Sitzmann Jeffrey J and Sitzmann Melissa
Bought by
Ackerson James D and Ackerson Elizabeth P
Seller's Agent
Don Betts
Oakridge Real Estate
List Price
$185,000
Sold Price
$155,000
Premium/Discount to List
-$30,000
-16.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.18%
Original Mortgage
$147,250
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sigman Bryan Paul $208,500 None Listed On Document
Sigman Bryan Paul $208,500 None Available
Ackerson James D $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Sigman Bryan Paul $20,850
Previous Owner Sigman Bryan Paul $187,650
Previous Owner Ackerson James D $147,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2021 08/31/21 Sold $208,500 +9.7% $119 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
07/27/2021 07/27/21 For Sale $190,000 0.0% $108 / Sq Ft
06/24/2021 06/24/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $190,000 +22.6% $108 / Sq Ft
08/10/2018 08/10/18 Sold $155,000 0.0% $88 / Sq Ft View Prior Sale
07/06/2018 07/06/18 Off Market $155,000 -- --
06/01/2018 06/01/18 Price Changed $164,900 -2.9% $94 / Sq Ft
05/04/2018 05/04/18 Price Changed $169,900 -2.9% $97 / Sq Ft
04/17/2018 04/17/18 Price Changed $175,000 -5.4% $100 / Sq Ft
03/23/2018 03/23/18 For Sale $185,000 -- $105 / Sq Ft
Source: Northeast Iowa Regional Board of REALTORS®

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 $3,260 $233,720 $27,600 $206,120
2024 $3,260 $202,570 $27,600 $174,970
2023 $3,132 $202,570 $27,600 $174,970
2022 $3,002 $169,650 $27,600 $142,050
2021 $2,930 $169,650 $27,600 $142,050
2020 $2,868 $165,970 $23,920 $142,050
2019 $2,868 $165,970 $23,920 $142,050
2018 $2,792 $159,800 $23,920 $135,880
2017 $2,856 $159,800 $23,920 $135,880
2016 $2,670 $159,800 $23,920 $135,880
2015 $2,670 $159,800 $23,920 $135,880
2014 $2,700 $159,800 $23,920 $135,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northeast Iowa Regional Board of REALTORS®

MLS Number: NBR20212876

Northeast Iowa Regional Board of REALTORS®

APN: 8913-17-328-004

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