Seller's Agent in 2022
Amy Wienands
AWRE, EXP Realty, LLC
(319) 240-7247
1,339 Total Sales
1118 Rainbow Dr Cedar Falls, IA 50613
Estimated Value: $245,928 - $297,000
4
Beds
1.5
Baths
2,636
Sq Ft
$103/Sq Ft
Est. Value
Highlights
- Wood Burning Stove
- 2 Car Detached Garage
- Forced Air Heating and Cooling System
- Peet Junior High School Rated A-
- Porch
About This Home
As of January 2022Full of Character! This four bedroom, two bathroom, multilevel in town acreage in Cedar Falls, is packed with potential and offers unique spaces throughout! Stepping inside the main entrance, you will be greeted with a timeless foyer with a gorgeous staircase. Walking into the home, you will find yourself in the large living area. This living room has lots of space and a wood burning fireplace to keep your family toasty warm on cold, winter days. Just off of this area is another room that could be used as a formal dining area or would make a great office space. The updated kitchen, which overlooks the acre lot, is the perfect gathering place. This kitchen is sure to get your attention as it has excellent cabinetry space, a large center island and countertops that allows for additional seating! Fresh paint, new tile flooring and updated appliances finished this finely appointed space. The kitchen flows seamlessly into the breakfast nook that has large windows, giving off great light and offers a great view of the back lawn. The main level also has a full bathroom, the laundry, and multiple storage areas. Head to the upper level to find 4 great sized bedrooms, with excellent closet space, and a half bathroom. This home also features a large, detached garage, and plenty of space to roam! Call today to learn more about this great home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,625
Year Built
- Built in 1898
Lot Details
- 1.09 Acre Lot
- Lot Dimensions are 168x330x81x87x87x236
Parking
- 2 Car Detached Garage
Home Design
- Shingle Roof
- Asphalt Roof
Interior Spaces
- 2,636 Sq Ft Home
- Wood Burning Stove
- Unfinished Basement
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry on main level
- Laundry in Kitchen
Outdoor Features
- Porch
Schools
- Cedar Heights Elementary School
- Peet Junior High
- Cedar Falls High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Assessor Parcel Number 891318156011
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 16, 2021
Closed on
Jan 10, 2022
Sold by
Gillins Adam S and Gillins Meghan S
Bought by
Ballenger Brandon and Ballenger Katherine Schieffer
Seller's Agent
Amy Wienands
AWRE, EXP Realty, LLC
List Price
$199,900
Sold Price
$190,000
Premium/Discount to List
-$9,900
-4.95%
Total Days on Market
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,232
Avg. Annual Appreciation
11.30%
Original Mortgage
$142,500
Outstanding Balance
$132,833
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$137,399
Purchase Details
Listed on
Aug 27, 2019
Closed on
Oct 24, 2019
Sold by
Gorton Michael S and Larsen Dianne M
Bought by
Gillins Adam S and Gillins Meghan S
Seller's Agent
Dean Noland
Berkshire Hathaway Home Services One Realty Centre
List Price
$179,900
Sold Price
$178,500
Premium/Discount to List
-$1,400
-0.78%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.85%
Original Mortgage
$175,266
Interest Rate
3.75%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 8, 2011
Sold by
Gorton Michael S and Larsen Dianne M
Bought by
Gorton Michael S and Larsen Dianne M
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ballenger Brandon | $190,000 | New Title Company Name | |
| Gillins Adam S | $178,500 | -- | |
| Gorton Michael S | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ballenger Brandon | $50,000 | |
| Open | Ballenger Brandon L | $142,500 | |
| Closed | Ballenger Brandon L | $142,500 | |
| Closed | Ballenger Brandon | $142,500 | |
| Previous Owner | Gillins Adam S | $9,465 | |
| Previous Owner | Gillins Adam S | $175,266 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/13/2022 01/13/22 | Sold | $190,000 | -5.0% | $72 / Sq Ft |
| 11/19/2021 11/19/21 | Pending | -- | -- | -- |
| 11/16/2021 11/16/21 | For Sale | $199,900 | +12.0% | $76 / Sq Ft |
| 10/24/2019 10/24/19 | Sold | $178,500 | -0.8% | $68 / Sq Ft |
| 09/16/2019 09/16/19 | Pending | -- | -- | -- |
| 08/27/2019 08/27/19 | For Sale | $179,900 | -- | $68 / Sq Ft |
Source: Northeast Iowa Regional Board of REALTORS®
Tax History Compared to Growth
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 | $4,032 | $257,840 | $55,930 | $201,910 |
| 2023 | $3,732 | $257,840 | $55,930 | $201,910 |
| 2022 | $3,608 | $202,120 | $55,930 | $146,190 |
| 2021 | $3,464 | $202,120 | $55,930 | $146,190 |
| 2020 | $3,554 | $194,670 | $48,480 | $146,190 |
| 2019 | $3,554 | $194,670 | $48,480 | $146,190 |
| 2018 | $3,480 | $188,310 | $48,480 | $139,830 |
| 2017 | $3,480 | $188,310 | $48,480 | $139,830 |
| 2016 | $3,174 | $188,310 | $48,480 | $139,830 |
| 2015 | $3,174 | $188,310 | $48,480 | $139,830 |
| 2014 | $3,210 | $188,310 | $48,480 | $139,830 |
Source: Public Records
Agents Affiliated with this Home
-
Amy Wienands
-
Mary Gillett
M
Seller Co-Listing Agent in 2022
Mary Gillett
AWRE, EXP Realty, LLC
(319) 231-8689
299 Total Sales
-
Dean Noland
Seller's Agent in 2019
Dean Noland
Berkshire Hathaway Home Services One Realty Centre
(319) 415-0405
98 Total Sales
Map
Similar Homes in Cedar Falls, IA
Source: Northeast Iowa Regional Board of REALTORS®
MLS Number: NBR20215457
APN: 8913-18-156-011
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.
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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