NOT LISTED FOR SALE

308 Rainbow Dr Marshalltown, IA 50158

Estimated Value: $258,000 - $295,000

3 Beds
2.5 Baths
1,776 Sq Ft
$152/Sq Ft Est. Value

Last Sold October 02, 2023

Last sale price $260,000 $146 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,789/month

1 Day on Market

Highlights

  • Ranch Style House
  • Screened Porch
  • 2 Car Attached Garage
  • 2 Fireplaces
  • Hobby Room
  • Living Room

About This Home

As of October 2023

Beautiful ranch on the south side with 3 bedrooms, 2 1/2 baths, 2 family rooms and a 2 stall attached garage extra deep. So much to offer with 3 bedrooms including a master with 1/2 bath, 1 1/2 baths, Kitchen, Dining, living room with brick fireplace, family room with fireplace, grill, wet bar, storage cabinets and walk out to a screened in porch all on the main level. Unbelievable space in the lower level with a 2nd family room, area for computer/office, 4th non-confirming bedroom, 3/4 bath, craft area and a spectacular workshop!!! Take it to the outdoors with a spacious and private back yard with patio, nicely landscaped, storage shed and a great covered front porch. Don't wait until it's gone...call today for a private showing.

Last Agent to Sell the Property

Paula Price

No Limits Real Estate License #*** Listed on: 07/11/2023

Last Buyer's Agent

Jeff Heiden

New Horizons Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,293

Year Built

  • Built in 1968

Lot Details

  • 0.26

Home Design

  • Ranch Style House
  • Asphalt Shingled Roof

Interior Spaces

  • 1,776 Sq Ft Home
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Hobby Room
  • Workshop
  • Screened Porch
  • Partially Finished Basement
  • Partial Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Possible Extra Bedroom

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Additional Features

  • Storage Shed
  • 0.26 Acre Lot

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,293

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Special: 3 BR on One Level
  • Property Sub Type: Single Family
  • Accessible: None
  • Construction Status: Previously Owned
  • Legal Description: LOT 12 EX WLY 15' & SWLY 15' LOT 11 BLK 2
  • Municipality: Marshalltown
  • Year Built: 1968
  • Home Warranty: No
  • Property Includes: Desk in front living room, Black Cabinet in utility room, wood box & porch swing, long workbench in workshop, The following in LL craftroom included orange cabinets, counter top & work bench. Excluded: Washer, Dryer, Deep Freeze, shop dust collection system in work shop, black cabinet in workshop, yard decor & planters, Heavy 3 tier rack system in garage
  • OFFICELIST_ADDRESS: 308 Rainbow Drive
  • Distribute To Internet: Yes
  • List Office I D: 409
  • Sales Office I D: 482
  • Selling Agent: 2482
  • Street Designation: Drive
  • Building Style: Ranch
  • Bedroom 1 Level: Main
  • Family Room Characteristics: Main Level
  • Special Features: None

Interior Features

  • Common Walls: No
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal, Gas Water Heater
  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Vinyl
  • Fireplaces: 2
  • Bedrooms: 3
  • Bedroom 1: (1st) Bedroom
  • Bedroom 2: (2nd) Bedroom
  • Bedroom 3: (3rd) Bedroom
  • Bathroom Description: Main Floor Full Bath, Main Floor 1/2 Bath, 1/2 Master, 3/4 Basement
  • Total Bathrooms: 3
  • Basement: Partial, Partial Finished
  • Half Bathrooms: 1
  • Dining Room: Dining Room
  • Family Room: Family Room
  • Kitchen: Kitchen
  • Kitchen Dim: 13'9x8'10
  • Kitchen Level: Main
  • Living Room: Living Room
  • Room 1: Family Room
  • Room 2: Non-Egress
  • Room 3: Foyer
  • Room 4: Screened Porch
  • Room 5: Work Shop
  • Room 6: Hobby Room
  • Main Floor Sq Ft: 1776
  • Price Per S Q F T: 146.4
  • Above Grade Finished Sq Ft: 1776
  • Above Grade Finished Sq Ft: 1776
  • Below Grade Total Sq Ft: 1332
  • Fireplace Chars: Family Room, Living Room, Wood Burning
  • Fireplace: Yes
  • Total Finished Sq Ft: 1776
  • Three Quarter Bathrooms: 1
  • Bedroom 3 Level: Main
  • Dining Room Level: Main
  • Extra Room1 Level: Lower
  • Extra Room2 Level: Lower
  • Extra Room3 Level: Main
  • Extra Room4 Level: Main
  • Extra Room5 Level: Lower
  • Extra Room6 Level: Lower
  • Family Room Level: Main
  • Living Room Level: Main

Exterior Features

  • Exterior: Other
  • Road Frontage: City Street
  • Roof: Asphalt Shingles
  • Outbuildings: Storage Shed

Garage/Parking

  • Description: Attached Garage, Driveway - Concrete, Garage Door Opener, Electric
  • Fuel: Natural Gas
  • Garage Sq Ft: 576

Utilities

  • Air Conditioner: Central
  • Garage Stalls: 2
  • Heating: Forced Air
  • Water: City Water/Connected
  • Electric: Circuit Breakers

Association/Amenities

  • Complex/Development/Subdivision: SOUTHGATE SIXTH ADD

Fee Information

  • Tax Class: SINGLE FAMILY

Lot Info

  • New Develop: No
  • Acres: 0.26
  • Geo Update Timestamp: 2023-07-11
  • Total Assessed Value: 207800
  • Assessment Pending: No
  • Homestead Description: None
  • Lot Description: Irregular Lot
  • Lot Dimensions: .26 acres
  • Lot Size Sq Ft: 11326
  • Lot Size Units: Acres
  • Zoning: Residential-Single Family

Tax Info

  • Tax Year: 2021
  • Gross Taxes: 4293
  • Net Taxes: 4292

MLS Schools

  • School District: 4104 - Marshalltown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2023
Closed on
Oct 2, 2023
Sold by
Smid David L and Smid Lesley C
Bought by
Lay Aye M
Seller's Agent
Paula Price
No Limits Real Estate
Buyer's Agent
Jeff Heiden
New Horizons Realty
List Price
$259,900
Sold Price
$260,000
Premium/Discount to List
$100
0.04%
Views
19
Current Estimated Value
$270,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,348
Avg. Annual Appreciation
3.16%
Original Mortgage
$252,200
Outstanding Balance
$248,457
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$27,270
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
Lay Aye M $260,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lay Aye M $252,200
Closed Lay Aye Myint $252,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2023 10/02/23 Sold $260,000 0.0% $146 / Sq Ft
07/12/2023 07/12/23 Pending -- -- --
07/11/2023 07/11/23 For Sale $259,900 -- $146 / Sq Ft
Source: NoCoast MLS

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 $3,790 $218,380 $32,750 $185,630
2023 $4,242 $207,800 $32,750 $175,050
2022 $4,292 $189,530 $30,750 $158,780
2021 $4,184 $189,530 $30,750 $158,780
2020 $4,184 $177,520 $30,750 $146,770
Source: Public Records

Agents Affiliated with this Home

  • Paula Price

    Seller's Agent in 2023

    Paula Price

    No Limits Real Estate

    (641) 751-1558

    207 Total Sales

    Paula Price
    Section Image
  • Jeff Heiden

    Buyer's Agent in 2023

    Jeff Heiden

    New Horizons Realty

    (641) 751-8612

    137 Total Sales

    Jeff Heiden
    Section Image
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Map

Source: NoCoast MLS

MLS Number: NOC6309492

NoCoast MLS

APN: 8318-02-427-014

Iowa Marshall County Marshalltown 50158

308 Rainbow Dr, Marshalltown, IA

This home is located at 308 Rainbow Dr, Marshalltown, IA 50158 since 11 July 2023 and is currently estimated at $270,348, approximately $152 per square foot. This property was built in 1968. 308 Rainbow Dr is a home located in Marshall County with nearby schools including J.C. Hoglan Elementary School, B.R. Miller Middle School, and Marshalltown 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.

NoCoast MLS 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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