Skip main navigation
Off market
  • $343,200

    1228 Rainbow Dr, Cedar Falls, IA 50613

    5beds
    2,521sqft
    SingleFamily
    Built in 1904
    0.54 Acres Lot
    $343,200 Zestimate®
    $136/sqft
    $2,261 Estimated rent

    Home value

    $343,200

    $319,000 - $371,000

    $2,261/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $2,261/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $2,261/mo

    Rent Zestimate®

    Refinance and save

    $2,259/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $2,259/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    This home has a lot of beautiful character with high end modern updates. Also in a very convenient Cedar Falls location. Inside you are greeted by the family room with spacious windows and hardwood flooring. Make the most of your dining experience with two separate dining areas and an island breakfast bar in the kitchen, perfect for dining or entertaining large groups. Other kitchen amenities include granite countertops, stainless steel appliances, tile flooring, and beautiful cabinetry. On the main level, there is an updated full bathroom and laundry room that includes an outstanding sliding glass tile shower. On the second level, there is the master bedroom that also includes a walk-in closet. Also on the second level are three additional spacious bedrooms and a full bathroom that is equipped with a fantastic claw foot tub. On the third level, there is a studio style space that includes built-in cabinetry and workspace along the walls. This level also includes a bedroom with a sizable walk-in closet, a full bathroom. As well as a bonus room that could be used as an office. Exterior amenities include a huge back deck, large wrap around driveway, storage shed, and stunning patio with a fire pit. ***New three stall garage built in 2018.***

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Forced air, Other, Gas, Other
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Garbage disposal, Microwave
    • Laundry: 1st Floor
    Features
    • Flooring: Tile, Hardwood
    • Basement: Unfinished
    • Has fireplace: No
    Interior area
    • Total interior livable area: 2,521 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: None, Garage
    Features
    • Exterior features: Vinyl
    Lot
    • Size: 0.54 Acres
    Details
    • Parcel number: 891318177027
    • Zoning: R-1

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Frame
    • Foundation: Concrete Block
    • Roof: Asphalt
    Condition
    • Year built: 1904

    Community & neighborhood

    Location
    • Region: Cedar Falls

    Other

    Other facts
    • MLS Area: Cedar Falls
    • Internet: Yes
    • Sale/Rent: For Sale
    • Status: ACTIVE
    • ROOF TYPE: Shingle
    • Flood: C/X - Not in Flood Plain
    • Water Type: City
    • Sewer Type: City
    • Fuel Type: Natural Gas
    • Reg/Irreg: Reg
    • Living Room Level: Main Floor
    • Kitchen Level: Main Floor
    • County: Black Hawk
    • Driveway: Concrete
    • Sale Type: Normal Sale
    • House Style: 2 Story
    • COOLING: Ceiling Fan
    • Garage Stalls: 3 Stalls or More
    • LAUNDRY: 1st Floor
    • Zoning: R-1
    • Occupant: Owner
    • Family Room Level: Main Floor
    • How to Show: See Remarks
    • Region: Cedar Falls South 3

    Price history

    DateEventPrice
    3/24/2021Listing removed--
    Source: Owner Report a problem
    6/19/2018Sold$238,000$94/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20183292 Report a problem
    3/30/2018Pending sale$238,000$94/sqft
    Source: Owner Report a problem
    2/12/2018Listed for sale$238,000+2%$94/sqft
    Source: Owner Report a problem
    10/4/2017Listing removed$233,400$93/sqft
    Source: Amy Wienands Real Estate #20173530 Report a problem
    8/24/2017Price change$233,400+8.6%$93/sqft
    Source: Amy Wienands Real Estate #20173530 Report a problem
    6/29/2017Price change$214,9000%$85/sqft
    Source: Amy Wienands Real Estate #20173530 Report a problem
    6/24/2017Listed for sale$215,000+0%$85/sqft
    Source: Amy Wienands Real Estate #20173530 Report a problem
    8/20/2016Listing removed$214,950$85/sqft
    Source: RE/MAX HOME GROUP #20162949 Report a problem
    8/9/2016Price change$214,950-2.3%$85/sqft
    Source: RE/MAX HOME GROUP #20162949 Report a problem
    7/5/2016Price change$219,950-2.2%$87/sqft
    Source: RE/MAX HOME GROUP #20162949 Report a problem
    6/17/2016Price change$224,950-1.6%$89/sqft
    Source: RE/MAX HOME GROUP #20162949 Report a problem
    5/24/2016Listed for sale$228,500$91/sqft
    Source: RE/MAX HOME GROUP #20162949 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,176 +3%$313,430 +16.2%
    2024$4,053 +0.9%$269,710
    2023$4,016 -1.2%$269,710 +19.1%
    2022$4,063 +2.8%$226,440
    2021$3,952 +2.1%$226,440 +2.5%
    2020$3,870 +8.6%$220,840
    2019$3,563 +8.3%$220,840 +9.9%
    2018$3,288 +0%$200,900 +7.6%
    2017$3,288 +4.6%$186,660
    2016$3,144 $186,660
    2015$3,144 +1.4%$186,660
    2014$3,102 +1.1%$186,660 +3.8%
    2012$3,067 -4.7%$179,830 -1.3%
    2011$3,220 +1.5%$182,250 -5.1%
    2010$3,173 +4.1%$192,140
    2009$3,048 +2%$192,140
    2008$2,989 +3.4%$192,140 +7%
    2007$2,891 -1.7%$179,570
    2006$2,941 +21.6%$179,570
    2005$2,418 +2.3%$179,570 +44.1%
    2003$2,363 +0.8%$124,620
    2002$2,344 +11.8%$124,620 +18%
    2001$2,097 $105,610

    Find assessor info on the county website

    Neighborhood: 50613

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Cedar Heights Elementary
    • Middle: Peet Junior High
    • High: Cedar Falls High

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.