NOT LISTED FOR SALE

43 Rainbow Ct SE Cedar Rapids, IA 52403

Estimated Value: $545,000 - $594,000

3 Beds
3.5 Baths
4,000 Sq Ft
$140/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $450,000 $112 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,426/month

4 Days on Market

Highlights

  • Recreation Room
  • Vaulted Ceiling
  • Den
  • Wooded Lot
  • Great Room with Fireplace
  • Formal Dining Room

About This Home

As of January 2021

This home is located at 43 Rainbow Ct SE, Cedar Rapids, IA 52403 since 09 December 2020 and is currently estimated at $559,541, approximately $139 per square foot. This property was built in 1978. 43 Rainbow Ct SE is a home located in Linn County with nearby schools including Arthur Elementary School, Franklin Middle School, and George Washington High School.

Last Agent to Sell the Property

Lisa Nolan

RE/MAX CONCEPTS Listed on: 12/09/2020

RE/MAX CONCEPTS

Last Buyer's Agent

Dawn Hysler

SKOGMAN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,117

Year Built

  • 1978

Lot Details

  • 1.2 Acre Lot
  • Cul-De-Sac
  • Fenced
  • Wooded Lot

Home Design

  • Poured Concrete
  • Frame Construction
  • Stucco

Interior Spaces

  • 2-Story Property
  • Sound System
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Great Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Den
  • Recreation Room
  • Home Security System

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary bedroom located on second floor

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Community Well
  • Gas Water Heater
  • Water Softener is Owned
  • Septic System
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,117

Year Built

1978

Lot Details

0

Listing Details

  • Style: 2 Stories
  • Acres: 1.2000
  • Above Grade Finished Sq Ft: 3000
  • Bathroom Off Master Bedroom: Yes
  • Total Bathrooms: 3.10
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Formal Dining, Kitchen/Dining Combo
  • Gross Tax: 6117
  • List User Cell Phone: 319-551-3206
  • Low Lvl Fin Sq Ft: 1000
  • Miscellaneous: Cable Ready, Fencing, Patio, Security System, Sound System, Vaulted Ceiling
  • Net Tax: 5988
  • Property Sub Types: Single Family
  • Property Type: Residential
  • Ratio Close Price By List Price: 1.00000
  • Ratio Close Price By Original Li: 1.00000
  • Ratio Current Price By Sq Ft: 150.00
  • Total Sq Ft: 4000
  • Water Sewer Roads: Community Well, Septic System
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1978

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Garage Door Opener, Microwave, Range, Refrigerator, Washer, Water Heater – Gas, Water Softener - Own
  • Additional Room: 1st Floor Family, 4 Seasons, Den/Study, Great Room, Living Room, Rec Room
  • Basement: Full, Pour, Walkout
  • Basement: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bedrooms Level 2: 3
  • Fireplace Features: Built In, Family Room, Great Room, Wood Burning
  • Level 2 Full Bathrooms: 2
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2
  • Site Description: Cul-De-Sac, Wooded

Exterior Features

  • Construction Methods: Frame
  • Exterior: Stucco

Garage/Parking

  • Garage/Parking: 3 Cars, Attached

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Schools

  • Elementary School: Arthur
  • Middle School: Franklin
  • High School: Washington

Lot Info

  • Lot Size: 1.2 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2020
Closed on
Jan 28, 2021
Sold by
Coffin Ronald L and Coffin Priscilla B
Bought by
Seely Bonnie E
Seller's Agent
Lisa Nolan
RE/MAX CONCEPTS
Buyer's Agent
Dawn Hysler
SKOGMAN REALTY
List Price
$450,000
Sold Price
$450,000
Current Estimated Value
$559,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,541
Avg. Annual Appreciation
4.79%
Original Mortgage
$360,000
Outstanding Balance
$321,421
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$238,120

Purchase Details

Closed on
Nov 18, 2004
Sold by
Coffin Ronald L and Coffin Priscilla B
Bought by
Coffin Ronald L and Coffin Priscilla B
Source: Public Records

Range of Values:

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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
Seely Bonnie E $450,000 None Available
Coffin Ronald L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seely Bonnie E $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $450,000 0.0% $113 / Sq Ft
12/13/2020 12/13/20 Pending -- -- --
12/09/2020 12/09/20 For Sale $450,000 -- $113 / Sq Ft
Source: Cedar Rapids 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
2025 $5,656 $519,200 $83,200 $436,000
2024 $5,440 $500,100 $83,200 $416,900
2023 $5,440 $500,100 $83,200 $416,900
2022 $5,406 $399,100 $83,200 $315,900
2021 $6,104 $401,400 $83,200 $318,200
2020 $6,104 $418,300 $66,500 $351,800
2019 $5,544 $388,400 $66,500 $321,900
2018 $5,416 $388,400 $66,500 $321,900
2017 $5,276 $361,900 $66,500 $295,400
2016 $5,267 $361,900 $66,500 $295,400
2015 $5,312 $361,900 $66,500 $295,400
2014 $5,184 $361,900 $66,500 $295,400
2013 $5,062 $361,900 $66,500 $295,400
Source: Public Records

Agents Affiliated with this Home

  • Lisa Nolan

    Seller's Agent in 2021

    Lisa Nolan

    RE/MAX

    (319) 551-3206

    152 Total Sales

    Lisa Nolan
    Section Image

  • D

    Buyer's Agent in 2021

    Dawn Hysler

    SKOGMAN REALTY

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 2009197

Cedar Rapids Area Association of REALTORS®

APN: 14132-26013-00000

Iowa Linn County Cedar Rapids 52403

43 Rainbow Ct SE, Cedar Rapids, IA

This home is located at 43 Rainbow Ct SE, Cedar Rapids, IA 52403 since 09 December 2020 and is currently estimated at $559,541, approximately $139 per square foot. This property was built in 1978. 43 Rainbow Ct SE is a home located in Linn County with nearby schools including Arthur Elementary School, Franklin Middle School, and George Washington 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.

Cedar Rapids Area Association 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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