1905 Rainbow Dr
Cedar Falls, IA 50613
3 bd 2 ba 1,653 sqft Built 1935 Lot 8,712 sqft single_family
Most recent sale
$197,000
May 5, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 5, 2022 | Sold | $197,000 | Public Record |
| Apr 29, 2022 | Sold | $197,000 | NorthEastIARegional |
| Mar 15, 2022 | Listed | $184,900 | MLS #20220952 |
| Dec 14, 2020 | Sold | $165,000 | Public Record |
| Dec 11, 2020 | Sold | $164,900 | NorthEastIARegional |
| Oct 29, 2020 | Listed | $164,900 | MLS #20205483 |
| Jul 5, 2017 | Sold | $160,000 | NorthEastIARegional |
| May 25, 2017 | Price changed | $162,000 | MLS #20172563 |
| May 22, 2017 | Price changed | $169,900 | MLS #20172563 |
| May 10, 2017 | Listed | $174,900 | MLS #20172563 |
| Jun 1, 2015 | Sold | $158,500 | Public Record |
| May 29, 2015 | Sold | $158,500 | NorthEastIARegional |
| Mar 17, 2015 | Listed | $162,500 | MLS #20151865 |
| May 21, 2012 | Sold | $144,500 | Public Record |
| Apr 17, 2012 | Listing removed | $144,500 | NorthEastIARegional |
| Apr 12, 2012 | Listed | $144,500 | MLS #202569 |
| Jun 12, 2006 | Sold | $125,000 | Public Record |
| Dec 1, 2004 | Sold | $111,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $165,790 | $25,560 | $191,350 | $2,798 |
| 2024 | $165,790 | $25,560 | $191,350 | $2,720 |
| 2023 | $148,360 | $25,560 | $173,920 | $2,674 |
| 2022 | $119,240 | $25,560 | $144,800 | $2,694 |
| 2021 | $118,650 | $25,560 | $144,210 | $2,526 |
| 2020 | $113,490 | $22,150 | $135,640 | $2,476 |
| 2019 | $113,490 | $22,150 | $135,640 | $2,512 |
| 2018 | $113,490 | $22,150 | $135,640 | $2,304 |
| 2017 | $111,250 | $22,150 | $133,400 | $2,358 |
| 2016 | $111,250 | $22,150 | $133,400 | $2,204 |
| 2015 | $111,250 | $22,150 | $133,400 | $2,138 |
| 2014 | $106,190 | $22,150 | $128,340 | $2,084 |
| 2013 | $106,190 | $22,150 | $128,340 | $1,934 |
| 2012 | $100,610 | $22,150 | $122,760 | $1,940 |
| 2011 | $100,610 | $22,150 | $122,760 | $1,921 |
| 2010 | $96,410 | $18,230 | $114,640 | $1,893 |
| 2008 | $96,410 | $18,230 | $114,640 | $1,783 |
Property facts
Year built
1935
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,653 sqft
Lot size
8,712 sqft
ZIP code
50613
City
Cedar Falls
Street
Rainbow Dr
Coordinates
42.52013, -92.42307
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,182
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1905 Rainbow Dr last sell?
1905 Rainbow Dr most recently sold on May 5, 2022 for $197,000.
What is the current tax assessment for 1905 Rainbow Dr?
The most recent total assessment for 1905 Rainbow Dr (year 2025) is $191,350 with $2,798 in property tax.
How does 1905 Rainbow Dr's assessment compare to its last sale price?
The current assessment is 2.9% below the last sale price of $197,000.
When was 1905 Rainbow Dr built?
1905 Rainbow Dr was built in 1935.
How does 1905 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 1905 Rainbow Dr?
1905 Rainbow Dr is a 3 bed, 2 bath, 1,653 sqft, 8,712 sqft lot single_family.
Is 1905 Rainbow Dr a flip candidate?
No — 1905 Rainbow Dr does not appear in our flips dataset.
Is 1905 Rainbow Dr a tax-appeal candidate?
No — 1905 Rainbow Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.1%
Implied 1-yr
+16.2%
2026 Q3
$449.8K
2026 Q4
$464.2K
ZIP 50613 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Rainbow Dr