NOT LISTED FOR SALE

304 Rainbow Dr Marshalltown, IA 50158

Estimated Value: $208,000 - $240,000

3 Beds
2 Baths
1,427 Sq Ft
$157/Sq Ft Est. Value

Last Sold December 23, 2022

Last sale price $187,000 $131 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,485/month

24 Days on Market

Highlights

  • Deck
  • No HOA
  • Shades
  • Ranch Style House
  • Formal Dining Room
  • Forced Air Heating and Cooling System

About This Home

As of December 2022

In a world full of splits, be a Ranch!
Check out this welcoming three bedroom ranch located in the quiet and friendly Edgebrook area. Comfortably set back from the road and boasting over 90 ft of driveway, this nicely spread out home has ample space and opportunity. Big bedrooms, a master with en-suite bathroom, open ended living room, and a separate dining room, this house has it all!
A full basement ready for your customization? Yes indeed! No need for storage rentals when you have the perfect, dry, unfinished, blank canvas, with egress windows, and high ceilings. Ready for more bedrooms or bathrooms, the possibilities are endless!
Walking distance from schools, shopping and places of worship, this charming home has been recently remodeled and is move-in ready. Featuring new countertops, sink, stainless steel appliances and much more.
Did someone say garage? A huge 20ft x 20ft garage will store all your toys and keep the snow off your vehicles all winter long. Along with a maintenance free, composite deck out back to lounge on and grill during the summer months, you'll have the best of both worlds! This one checks them all off your list! So ............... Say yes to the address!
304 Rainbow Drive is ready to be your home sweet home. Call today before someone else claims this fulfilling and spacious ranch.

Last Agent to Sell the Property

Pennie Carroll

Pennie Carroll & Associates Listed on: 11/14/2022

Last Buyer's Agent

OUTSIDE AGENT

OTHER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,066

Year Built

  • Built in 1966

Lot Details

  • 0.26

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 1,427 Sq Ft Home
  • Shades
  • Family Room
  • Formal Dining Room
  • Unfinished Basement

Kitchen

  • Stove
  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Driveway

Additional Features

  • Deck
  • Irregular Lot
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 8318-02-427-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,066

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Subtype: Residential
  • Style: Ranch
  • Architecture: Traditional
  • Lp Amt Sq Ft: 136.58
  • Natl Assocof Home Builders: No
  • Sp Amt Sq Ft: 131.04
  • Termite: Call Listing Agent
  • Year Built: 1966
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: 1st Flr Laundry, Carpeting, Shades/Shutters, Vinyl Floors
  • Total Bathrooms: 2.00
  • Full Bathrooms: 1
  • First Floor Full Bathrooms: 1
  • Partial Bath Total: 1
  • Partial Bath 1st Floor: 1
  • Basement Description: Unfinished
  • Sq Ft Bsmt: 1427
  • Dining Room: Formal Dining Rm
  • Family Room: 1st Floor
  • Included Items: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer
  • Living Area Sq Ft: 1427
  • Total Sq Ft: 1427

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Features: Deck
  • Foundation: Poured
  • Roof: Asphalt Shingle
  • Street Feature: Asphalt

Garage/Parking

  • Driveway: Concrete
  • Garage: 1 Attached

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Marshalltown

Green Features

  • Additional Green Features: No
  • ENERGYSTAR qualified New Home: No
  • HERS Rating: No
  • Leed For Homes: No
  • Solar: No

Lot Info

  • Lot Shape: Irregular
  • Assessor Parcel Number: 8318-02-427-016
  • Zoning: R

Multi Family

  • Geo Solar Thermal: No

Tax Info

  • Gross Taxes: 3066.00
  • Net Taxes: 3066.00

MLS Schools

  • School District: Marshalltown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2022
Closed on
Dec 21, 2022
Sold by
Paone Jordan
Bought by
Flugge Matthew R and Flugge Sarah N
Seller's Agent
Pennie Carroll
Pennie Carroll & Associates
Buyer's Agent
OUTSIDE AGENT
OTHER
List Price
$199,000
Sold Price
$187,000
Premium/Discount to List
-$12,000
-6.03%
Views
57
Current Estimated Value
$220,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,829
Avg. Annual Appreciation
6.10%
Original Mortgage
$177,650
Outstanding Balance
$173,468
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$45,157

Purchase Details

Closed on
Mar 18, 2021
Sold by
Lopez Sergio and Lopez Lisandra
Bought by
Paone Jordan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Flugge Matthew R $187,000 --
Paone Jordan $140,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flugge Matthew R $177,650
Previous Owner Paone Jordan $133,000
Previous Owner Lopez Sergio $129,010
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2022 12/23/22 Sold $187,000 -4.1% $131 / Sq Ft
12/08/2022 12/08/22 Pending -- -- --
11/30/2022 11/30/22 Price Changed $194,900 -2.1% $137 / Sq Ft
11/14/2022 11/14/22 For Sale $199,000 -- $139 / Sq Ft
Source: Des Moines Area Association 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 $3,316 $181,790 $32,750 $149,040
2023 $3,032 $181,790 $32,750 $149,040
2022 $3,066 $144,340 $30,750 $113,590
2021 $3,002 $144,340 $30,750 $113,590
2020 $3,204 $135,950 $30,750 $105,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Des Moines Area Association of REALTORS®

MLS Number: 663720

Des Moines Area Association of REALTORS®

APN: 8318-02-427-016