Sold for $150,000

$150,000

2530 Rainbow Dr, Cedar Falls, IA 50613

2beds

958sqft

SingleFamily

Built in 1936

7,797 Square Feet Lot

$160,700 Zestimate^®

$157/sqft

$1,262 Estimated rent

Home value

$160,700

$143,000 - $177,000

$1,262/mo

Zestimate^® history

Owner options

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$1,262/mo

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$1,262/mo

Rent Zestimate^®

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$808/mo

Est. payment

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$808/mo

Est. payment

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What's special

This little gem is situated near Hartman Reserve and within steps to Cedar Heights Elementary. The big ticket items have all been taken care of, windows, roof, siding, mechanicals, plus a newer foundation! Enjoy spending time on the sunny enclosed porch all year long. This 2 bedroom 1 bath home has a very spacious living room perfect for friends and family. The roomy eat-in kitchen has great natural light and plenty of room for a table. Basement includes laundry area, shower stall, and is clean and dry!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1

Heating

Forced air, Gas

Cooling

Central

Appliances

Included: Dryer, Range / Oven, Refrigerator, Washer
Laundry: Lower Level

Features

Flooring: Carpet, Linoleum / Vinyl
Basement: Finished

Interior area

Total interior livable area: 958 sqft

Property

Parking

Parking features: Carport, Garage - Detached

Features

Exterior features: Vinyl

Lot

Size: 7,797 Square Feet

Details

Parcel number: 891317303007
Zoning: R-1

Construction

Type & style

Home type: SingleFamily

Materials

Frame
Foundation: Concrete Block
Roof: Asphalt

Condition

Year built: 1936

Community & HOA

Location

Region: Cedar Falls

Financial & listing details

Price per square foot: $157/sqft
Tax assessed value: $161,700
Annual tax amount: $2,236

Price history

Date	Event	Price
12/31/2024	Sold	$150,000+41.3%$157/sqft
Source: Public Record Report a problem
12/13/2018	Sold	$106,150-3.5%$111/sqft
Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20185598 Report a problem
10/19/2018	Listed for sale	$110,000$115/sqft
Source: Oakridge Realtors #20185598 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,236 +2.9%	$161,700 +16.4%
2024	$2,172 +2.1%	$138,940
2023	$2,129 -1.2%	$138,940 +20.5%
2022	$2,154 +3%	$115,300
2021	$2,092 +2%	$115,300 +2.6%
2020	$2,051 +11%	$112,360
2019	$1,848 +0.4%	$112,360 +3.7%
2018	$1,840 +0%	$108,300
2017	$1,840 +4.5%	$108,300
2016	$1,760	$108,300
2015	$1,760 +1.9%	$108,300
2014	$1,728 -1.2%	$108,300 +4.2%
2012	$1,750 -0.4%	$103,960
2011	$1,756 +1.5%	$103,960 -0.8%
2010	$1,731 +4.1%	$104,790
2009	$1,662 +2%	$104,790
2008	$1,630 +3.4%	$104,790 +7%
2007	$1,577 -1.7%	$97,930
2006	$1,604 +23.9%	$97,930
2005	$1,294 +2.3%	$97,930 +46.8%
2003	$1,265 +0.8%	$66,700
2002	$1,254 +7.9%	$66,700 +18%
2001	$1,163	$56,530