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1826 Rainbow Dr

Cedar Falls, IA 50613

4 bd 2 ba 2,091 sqft Built 1946 Lot 9,583 sqft single_family
Most recent sale
$216,000
Jun 8, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 8, 2022 Sold $216,000 Public Record
Jun 7, 2022 Sold $216,000 NorthEastIARegional
Apr 20, 2022 Listed $199,900 MLS #20221590
Dec 23, 2019 Sold $144,500 Public Record
Dec 18, 2019 Sold $144,500 NorthEastIARegional
Nov 7, 2019 Relisted $143,900 MLS #20193285
Nov 1, 2019 Price changed $143,900 MLS #20193285
Sep 16, 2019 Price changed $149,900 MLS #20193285
Aug 18, 2019 Price changed $159,900 MLS #20193285
Jul 18, 2019 Price changed $164,900 MLS #20193285
Jun 25, 2019 Listed $169,000 MLS #20193285

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $239,240 $24,240 $263,480 $3,450
2024 $239,240 $24,240 $263,480 $3,348
2023 $200,340 $24,240 $224,580 $3,272
2022 $161,890 $24,240 $186,130 $3,478
2021 $161,890 $24,240 $186,130 $3,406
2020 $161,890 $21,010 $182,900 $3,338
2019 $161,890 $21,010 $182,900 $3,100
2018 $154,850 $21,010 $175,860 $3,088
2017 $154,850 $21,010 $175,860 $3,160
2016 $154,850 $21,010 $175,860 $2,954
2015 $154,850 $21,010 $175,860 $2,988
2014 $154,850 $21,010 $175,860 $2,912
2013 $154,850 $21,010 $175,860 $2,718
2012 $147,810 $21,010 $168,820 $2,716
2011 $147,810 $21,010 $168,820 $2,856
2010 $153,170 $17,290 $170,460 $2,815
2008 $153,170 $17,290 $170,460 $2,652

Property facts

Year built
1946
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,091 sqft
Lot size
9,583 sqft
ZIP code
50613
City
Cedar Falls
Street
Rainbow Dr
Coordinates
42.52087, -92.42344

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,296
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1826 Rainbow Dr last sell?
1826 Rainbow Dr most recently sold on Jun 8, 2022 for $216,000.
What is the current tax assessment for 1826 Rainbow Dr?
The most recent total assessment for 1826 Rainbow Dr (year 2025) is $263,480 with $3,450 in property tax.
How does 1826 Rainbow Dr's assessment compare to its last sale price?
The current assessment is 22.0% above the last sale price of $216,000.
When was 1826 Rainbow Dr built?
1826 Rainbow Dr was built in 1946.
How does 1826 Rainbow Dr compare to others on Rainbow Dr?
We track 8 other properties on Rainbow Dr. Browse the list under "Other properties on Rainbow Dr" to compare beds, baths, and sale history.
What are the property facts for 1826 Rainbow Dr?
1826 Rainbow Dr is a 4 bed, 2 bath, 2,091 sqft, 9,583 sqft lot single_family.
Is 1826 Rainbow Dr a flip candidate?
No — 1826 Rainbow Dr does not appear in our flips dataset.
Is 1826 Rainbow Dr a tax-appeal candidate?
No — 1826 Rainbow Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.1%
Implied 1-yr
+16.2%
2026 Q3
$449.8K
2026 Q4
$464.2K
ZIP 50613 — Median Price History + Forecast

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