1916 Rainbow Dr
Cedar Falls, IA 50613
2 bd 2 ba 1,446 sqft Built 1908 Lot 9,148 sqft single_family
Most recent sale
$177,000
Jun 2, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 1, 2026 | Sold | $195,000 | NorthEastIARegional |
| Mar 2, 2026 | Price changed | $215,000 | NorthEastIARegional |
| Feb 10, 2026 | Price changed | $219,900 | NorthEastIARegional |
| Jan 27, 2026 | Listed | $225,000 | NorthEastIARegional |
| Jun 2, 2022 | Sold | $177,000 | Public Record |
| May 27, 2022 | Sold | $177,000 | NorthEastIARegional |
| Mar 30, 2022 | Listed | $179,900 | MLS #20221155 |
| Jul 14, 2017 | Sold | $151,750 | Public Record |
| May 24, 2017 | Listed | $154,900 | MLS #20172874 |
| Jul 22, 2013 | Sold | $140,000 | Public Record |
| Jun 5, 2013 | Listing removed | $141,500 | NorthEastIARegional |
| Jun 2, 2013 | Listed | $141,500 | MLS #20130241 |
| Feb 16, 2013 | Listing removed | $139,900 | NorthEastIARegional |
| Dec 31, 2012 | Listed | $139,900 | MLS #205741 |
| Dec 29, 2012 | Listing removed | $139,900 | NorthEastIARegional |
| Sep 28, 2012 | Listing removed | $139,900 | NorthEastIARegional |
| Sep 28, 2012 | Listed | $139,900 | MLS #204820 |
| Sep 6, 2012 | Price changed | $139,900 | MLS #203620 |
| Jun 27, 2012 | Listing removed | $144,900 | NorthEastIARegional |
| Jun 27, 2012 | Listed | $144,900 | MLS #203620 |
| Mar 26, 2012 | Listed | $144,900 | MLS #202348 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $190,960 | $23,480 | $214,440 | $2,792 |
| 2024 | $190,960 | $23,480 | $214,440 | $2,710 |
| 2023 | $160,300 | $23,480 | $183,780 | $2,734 |
| 2022 | $133,470 | $23,480 | $156,950 | $2,764 |
| 2021 | $133,470 | $23,480 | $156,950 | $2,704 |
| 2020 | $133,470 | $20,350 | $153,820 | $2,646 |
| 2019 | $133,470 | $20,350 | $153,820 | $2,584 |
| 2018 | $127,660 | $20,350 | $148,010 | $2,564 |
| 2017 | $127,140 | $20,350 | $147,490 | $2,624 |
| 2016 | $127,140 | $20,350 | $147,490 | $2,452 |
| 2015 | $127,140 | $20,350 | $147,490 | $2,480 |
| 2014 | $127,140 | $20,350 | $147,490 | $2,574 |
| 2013 | $127,140 | $20,350 | $147,490 | $2,256 |
| 2012 | $121,360 | $20,350 | $141,710 | $2,260 |
| 2011 | $121,360 | $20,350 | $141,710 | $2,549 |
| 2010 | $135,370 | $16,760 | $152,130 | $2,512 |
| 2008 | $135,370 | $16,760 | $152,130 | $2,481 |
Property facts
Year built
1908
Property type
single_family
Stories
—
Beds
2
Baths
2
Living area
1,446 sqft
Lot size
9,148 sqft
ZIP code
50613
City
Cedar Falls
Street
Rainbow Dr
Coordinates
42.52045, -92.42232
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,062
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1916 Rainbow Dr last sell?
1916 Rainbow Dr most recently sold on Jun 2, 2022 for $177,000.
What is the current tax assessment for 1916 Rainbow Dr?
The most recent total assessment for 1916 Rainbow Dr (year 2025) is $214,440 with $2,792 in property tax.
How does 1916 Rainbow Dr's assessment compare to its last sale price?
The current assessment is 21.2% above the last sale price of $177,000.
When was 1916 Rainbow Dr built?
1916 Rainbow Dr was built in 1908.
How does 1916 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 1916 Rainbow Dr?
1916 Rainbow Dr is a 2 bed, 2 bath, 1,446 sqft, 9,148 sqft lot single_family.
Is 1916 Rainbow Dr a flip candidate?
No — 1916 Rainbow Dr does not appear in our flips dataset.
Is 1916 Rainbow Dr a tax-appeal candidate?
No — 1916 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