A Hobbyist Dream! Where Passion Meets Home. This unique CF property welcomes you with a cozy ranch and garage space galore! The backyard beckons you to create and play. Endless possibilities with almost a half acre lot, 4 outbuildings including a main 22 x 32 garage/shop with heat & AC, a 10 x 22 garage, an 8 x 22 lean-to shed, and a 12 x 12 storage shed. This is in addition to the two-stall garage that is attached to the house! The house features a large kitchen with ample cabinets and counter space, newer flooring and a nice island to sit up to and enjoy your morning coffee. The kitchen also includes a dining area with sliding glass doors that goes out to a relaxing 3-season sunroom that opens to a large deck, perfect for entertaining or just enjoying the spacious back yard view. The main level also includes a large bedroom with double closets, a living room with a beautiful bay window and a full bathroom. The finished basement features a large bonus/rec room with office space and loads of storage, a large bedroom with a relaxing sitting area, a 3/4 bathroom, a kitchenette & laundry room. The walk-out lower level goes out to a patio, a large fenced-in yard and a huge driveway space with enough room to park an RV and more! This one of a kind property has so much to offer! Call for your private showing today!
Sold for $245,000
$245,000
1319 Rainbow Dr, Cedar Falls, IA 50613
2beds
1,996sqft
Single Family Residence
Built in 1951
0.49 Acres Lot
$270,400 Zestimate®
$123/sqft
$1,848 Estimated rent
Home value
$270,400
$257,000 - $284,000
$1,848/mo
Zestimate® history
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$1,682/mo
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List your homeWhat's special
Large fenced-in yardDouble closetsFinished basementHalf acre lotLoads of storageLarge kitchenLaundry room
Zillow last checked:
Listing updated:
Listed by:
Sue Willett 319-830-2486,
Oakridge Real Estate,
Janae Nuss 319-830-2489,
Oakridge Real Estate
Bought with:
Elke M Gerdes, S59796000
Structure Real Estate
Source: Northeast Iowa Regional BOR as distributed by MLS GRID,MLS#: 20232107
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Other
- Level: Upper
Other
- Level: Main
Other
- Level: Lower
Dining room
- Level: Main
Family room
- Level: Lower
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Cooktop, Dishwasher, Dryer, Disposal, Microwave Built In, Free-Standing Range, Refrigerator, Washer, Water Softener Owned
- Laundry: Lower Level
Features
- Ceiling Fan(s)
- Doors: Sliding Doors
- Basement: Block,Finished,Walk-Out Access
- Has fireplace: No
- Fireplace features: None
Interior area
- Total interior livable area: 1,996 sqft
- Finished area below ground: 1,148
Property
Parking
- Total spaces: 3
- Parking features: RV Access/Parking, 3 or More Stalls, Attached Garage, Detached Garage, Heated Garage, Oversized, Workshop in Garage
- Has attached garage: Yes
- Carport spaces: 3
Features
- Patio & porch: Deck, Patio, Enclosed
- Exterior features: Breezeway
- Fencing: Fenced
Lot
- Size: 0.49 Acres
- Dimensions: 146 x 147
Details
- Additional structures: Storage, Outbuilding
- Parcel number: 891318178002
- Zoning: R-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- Year built: 1951
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Cedar Falls
Other
Other facts
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 7/28/2023 | Sold | $245,000$123/sqft |
Source:  Northeast Iowa Regional BOR as distributed by MLS GRID #20232107 Report a problem | ||
| 6/2/2023 | Pending sale | $245,000$123/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20232107 Report a problem | ||
| 6/1/2023 | Listed for sale | $245,000+29.3%$123/sqft |
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20232107 Report a problem | ||
| 2/20/2018 | Sold | $189,500$95/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,413 +15.1% | $240,540 +8.2% |
| 2024 | $2,966 -1.7% | $222,340 +11.1% |
| 2023 | $3,016 -1.1% | $200,150 +16.2% |
| 2022 | $3,051 +8% | $172,260 |
| 2021 | $2,825 +2.2% | $172,260 +7.5% |
| 2020 | $2,765 -6.9% | $160,300 |
| 2019 | $2,969 +6% | $160,300 |
| 2018 | $2,801 0% | $160,300 |
| 2017 | $2,802 +4.6% | $160,300 |
| 2016 | $2,678 | $160,300 |
| 2015 | $2,678 +5.1% | $160,300 +3.4% |
| 2014 | $2,548 +1.2% | $154,970 +3.6% |
| 2012 | $2,518 +2.7% | $149,650 |
| 2011 | $2,452 +1.5% | $149,650 +2.3% |
| 2010 | $2,416 +4.1% | $146,320 |
| 2009 | $2,321 +2% | $146,320 |
| 2008 | $2,277 +3.4% | $146,320 +7% |
| 2007 | $2,201 -1.7% | $136,750 |
| 2006 | $2,239 +0.5% | $136,750 |
| 2005 | $2,229 +2.3% | $136,750 +19% |
| 2003 | $2,179 +0.8% | $114,890 |
| 2002 | $2,161 +7.9% | $114,890 +18% |
| 2001 | $2,003 | $97,360 |
Find assessor info on the county website
Neighborhood: 50613
Nearby schools
GreatSchools rating
- 4/10Cedar Heights Elementary SchoolGrades: PK-6Distance: 0.6 mi
- 8/10Peet Junior High SchoolGrades: 7-9Distance: 0.7 mi
- 6/10Cedar Falls High SchoolGrades: 10-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: Cedar Heights Elementary
- Middle: Peet Junior High
- High: Cedar Falls High
Source: Northeast Iowa Regional BOR as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Iowa
- Black Hawk County
- Cedar Falls
- 50613
- 1319 Rainbow Dr
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