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  • Zestimate®
    $153,500

    3021 Rainbow Dr, Cedar Falls, IA 50613

    2beds
    2baths
    624sqft
    SingleFamily
    Built in 1930
    0.39 Acres Lot
    $153,500 Zestimate®
    $246/sqft
    $1,141 Estimated rent

    Home value

    $153,500

    $144,000 - $163,000

    $1,141/mo

    Zestimate® history
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    What's special

    Welcome to this charming 2-bedroom, 1-story home that is awaiting your personal touch. Located in a highly convenient area, this property offers great potential for the savvy homeowner or investor. The main floor features a cozy living/dining combo, a step-saving galley kitchen with breakfast bar. Additionally, there is a comfortable bedroom with electric fireplace and a convenient half bath on this level. Descend to the basement, where you'll find an additional bedroom, 3/4 bath and a laundry area. Recent updates include new flooring, remodeled front porch and a new roof on main part of house. Car enthusiasts and hobbyists will appreciate the exceptional garage space. With two detached garages offering a total of three stalls, there is ample room for parking, storage and workspace. Situated on a double lot, this property provides a generous outdoor area for various activities. The location of this home is a true highlight. Conveniently positioned near major highways, commuting to different parts of the city becomes a breeze. Furthermore, the proximity to the UNI campus, just a short 10-minute drive away, offers a fantastic opportunity for students or faculty.

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Forced air, Gas
    Cooling
    • Other
    Appliances
    • Included: Dryer, Washer
    • Laundry: In Unit
    Features
    • Flooring: Hardwood
    • Basement: None
    • Has fireplace: Yes
    • Fireplace features: Electric
    Interior area
    • Total interior livable area: 624 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage - Detached
    Features
    • Exterior features: Wood
    Lot
    • Size: 0.39 Acres
    Details
    • Parcel number: 891317377005

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Frame
    • Foundation: Concrete Block
    • Roof: Asphalt
    Condition
    • Year built: 1930

    Community & HOA

    Location
    • Region: Cedar Falls

    Financial & listing details

    • Price per square foot: $246/sqft
    • Tax assessed value: $122,870
    • Annual tax amount: $1,602

    Price history

    DateEventPrice
    7/25/2023Sold$140,000-6.7%$224/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20232505 Report a problem
    6/25/2023Pending sale$150,000$240/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20232505 Report a problem
    6/22/2023Listed for sale$150,000+27.1%$240/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20232505 Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    8/8/2020Listing removed$450$1/sqft
    Source: Owner Report a problem
    8/5/2020Price change$450-52.6%$1/sqft
    Source: Owner Report a problem
    8/3/2020Listed for rent$950$2/sqft
    Source: Owner Report a problem
    7/26/2019Sold$118,000-3.7%$189/sqft
    Source: Northeast Iowa Regional BOR as distributed by MLS GRID #20192984 Report a problem
    6/17/2019Pending sale$122,500$196/sqft
    Source: Amy Wienands Real Estate #20192984 Report a problem
    6/10/2019Listed for sale$122,500$196/sqft
    Source: Amy Wienands Real Estate #20192984 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,602 +1.1%$122,870 +11.9%
    2024$1,586 +15.8%$109,810 +8.3%
    2023$1,369 -1.1%$101,420 +22.1%
    2022$1,384 +5.4%$83,040
    2021$1,313 -9.1%$83,040 +4.9%
    2020$1,444 +10.4%$79,140
    2019$1,308 +0.5%$79,140
    2018$1,301 0%$79,140
    2017$1,302 +4.2%$79,140
    2016$1,250 $79,140 -0.5%
    2015$1,250 +10.4%$79,510 +7.7%
    2014$1,132 -10.1%$73,820 -1.7%
    2012$1,259 +14.3%$75,100 +0.4%
    2011$1,102 +1.5%$74,790 +13.8%
    2010$1,086 +4.1%$65,740
    2009$1,043 +2%$65,740
    2008$1,023 +3.4%$65,740 +7%
    2007$989 -1.7%$61,440
    2006$1,006 +15.6%$61,440
    2005$870 +2.3%$61,440 +37%
    2003$851 +0.8%$44,860
    2002$844 +7.9%$44,860 +18%
    2001$782 $38,010
    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.

    Sell for more on Zillow
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    $153,500
    2% more
    +$3,070
    With Zillow Showcase(estimated)

    $156,570

    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $153,500
    2% more
    +$3,070
    With Zillow Showcase(estimated)

    $156,570