Welcome to 203 Rainbow Drive, where comfort, updates, and charm come together! The inviting composite front deck greets you as you arrive — a perfect spot to relax and enjoy your morning coffee. Inside, this home features 3 bedrooms and 2 baths (one bedroom currently used as main-floor laundry for added convenience). You’ll love the fresh paint, new flooring, and remodeled bathroom, giving the home a bright and modern feel. The attached 2-car garage offers easy parking and a newer garage door, while the unfinished basement provides so much potential for additional living space, hobbies, or storage. other notable improvements include a new breaker panel, durable metal shingles, and Gutterguard leaf guards, giving you peace of mind and low-maintenance living. Step outside to enjoy the fenced backyard, perfect for gatherings, pets, or playtime. Located in a neighborhood close to schools, parks, and shopping, this home offers the perfect blend of comfort, style, and practicality. Don’t miss your chance to make 203 Rainbow Drive your next home — schedule a showing today!
Sold
$204,900
203 Rainbow Dr, Marshalltown, IA 50158
3beds
1,118sqft
Single Family Residence
Built in 1965
10,018 Square Feet Lot
$208,500 Zestimate®
$183/sqft
$1,329 Estimated rent
Home value
$208,500
Estimated sales range
Not available
$1,329/mo
Zestimate® history
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$1,448/mo
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List your homeWhat's special
Remodeled bathroomNew flooringFresh paintFenced backyardGutterguard leaf guardsComposite front deckDurable metal shingles
Zillow last checked:
Listing updated:
Listed by:
Kristin Polley 641-751-6338,
Century 21 Signature Real Estate
Bought with:
Abby Woosley, ***
Century 21 Signature Real Estate
Source: NoCoast MLS as distributed by MLS GRID,MLS#: 6333630
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom 2
- Level: Main
Bedroom 3
- Level: Main
Other
- Level: Main
Dining room
- Description: Separate/Formal Dining Rm
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Range, Wall Oven, Exhaust Fan, Refrigerator, Washer, Dryer
Features
- Flooring: Carpet, Laminate, Vinyl
- Basement: Full,Unfinished
- Has fireplace: No
- Common walls with other units/homes: 0
Interior area
- Total interior livable area: 1,118 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Garage spaces: 2
Accessibility
- Accessibility features: None
Features
- Fencing: Chain Link
Lot
- Size: 10,018 Square Feet
- Dimensions: 0.230 Acres
Details
- Foundation area: 1118
- Parcel number: 831802405002
- Zoning: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Frame, HardiPlank Type
- Roof: Metal
Condition
- Year built: 1965
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: SOUTHGATE SECOND ADD
HOA
- Has HOA: No
- HOA name: MIR
Location
- Region: Marshalltown
Financial & listing details
- Price per square foot: $183/sqft
- Tax assessed value: $151,700
- Annual tax amount: $2,665
- Date on market: 11/12/2025
- Cumulative days on market: 2 days
Price history
| Date | Event | Price |
|---|---|---|
| 12/19/2025 | Sold | $204,900$183/sqft |
Source:  NoCoast MLS as distributed by MLS GRID #6333630 Report a problem | ||
| 11/13/2025 | Pending sale | $204,900$183/sqft |
Source: NoCoast MLS as distributed by MLS GRID #6333630 Report a problem | ||
| 11/12/2025 | Listed for sale | $204,900+7.9%$183/sqft |
Source: NoCoast MLS as distributed by MLS GRID #6333630 Report a problem | ||
| 7/11/2025 | Sold | $189,900$170/sqft |
Source:  CIBR #67564 Report a problem | ||
| 6/11/2025 | Pending sale | $189,900$170/sqft |
Source: NoCoast MLS as distributed by MLS GRID #6328181 Report a problem | ||
| 6/10/2025 | Listed for sale | $189,900$170/sqft |
Source: NoCoast MLS as distributed by MLS GRID #6328181 Report a problem | ||
| 6/3/2025 | Pending sale | $189,900$170/sqft |
Source: NoCoast MLS as distributed by MLS GRID #6328181 Report a problem | ||
| 6/1/2025 | Listed for sale | $189,900$170/sqft |
Source: CIBR #67564 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,639 -12.9% | $151,700 |
| 2023 | $3,032 -1.2% | $151,700 +12% |
| 2022 | $3,067 +1.7% | $135,430 |
| 2021 | $3,015 +2.5% | $135,430 +5.9% |
| 2020 | $2,941 +5.7% | $127,920 |
| 2019 | $2,783 +2.2% | $127,920 +7.2% |
| 2018 | $2,724 +8.2% | $119,300 +82.7% |
| 2017 | $2,518 -0.2% | $65,309 +2.4% |
| 2016 | $2,522 +1% | $63,803 -0.2% |
| 2015 | $2,498 +1.9% | $63,926 -44.3% |
| 2014 | $2,452 -0.2% | $114,700 |
| 2013 | $2,458 +0.5% | -- |
| 2012 | $2,445 +2% | -- |
| 2011 | $2,398 +7.6% | -- |
| 2010 | $2,228 +3.5% | -- |
| 2009 | $2,152 +3.2% | -- |
| 2008 | $2,086 +7.5% | -- |
| 2007 | $1,940 +6.1% | -- |
| 2005 | $1,828 | -- |
Find assessor info on the county website
Neighborhood: 50158
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Nearby schools
GreatSchools rating
- 6/10J C Hoglan Elementary SchoolGrades: PK-4Distance: 0.6 mi
- 2/10B R Miller Middle SchoolGrades: 7-8Distance: 1.8 mi
- 4/10Marshalltown High SchoolGrades: 9-12Distance: 0.3 mi
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- Iowa
- Marshall County
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- 50158
- 203 Rainbow Dr
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