2626 Rainbow Dr
Cedar Falls, IA 50613
4 bd 1 ba 1,988 sqft Built 1915 Lot 13,020 sqft single_family
Most recent sale
$195,000
Jul 26, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 24, 2023 | Sold | $223,500 | NorthEastIARegional |
| Aug 25, 2022 | Sold | $195,000 | NorthEastIARegional |
| Jul 26, 2022 | Sold | $195,000 | Public Record |
| Jun 10, 2022 | Listed | $189,900 | MLS #20222591 |
| Jun 25, 2018 | Sold | $140,000 | Public Record |
| Jun 22, 2018 | Sold | $140,000 | NorthEastIARegional |
| May 1, 2018 | Price changed | $149,900 | MLS #20181607 |
| Apr 19, 2018 | Relisted | $154,900 | MLS #20181607 |
| Apr 10, 2018 | Listing removed | $154,900 | NorthEastIARegional |
| Apr 4, 2018 | Listed | $154,900 | MLS #20181607 |
| Jan 4, 2018 | Listing removed | $149,900 | NorthEastIARegional |
| Oct 3, 2017 | Price changed | $149,900 | MLS #20174835 |
| Aug 30, 2017 | Listed | $159,900 | MLS #20174835 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $204,390 | $34,880 | $239,270 | $3,316 |
| 2024 | $204,390 | $34,880 | $239,270 | $3,186 |
| 2023 | $168,950 | $34,880 | $203,830 | $3,016 |
| 2022 | $137,410 | $34,880 | $172,290 | $3,052 |
| 2021 | $137,410 | $34,880 | $172,290 | $2,962 |
| 2020 | $137,410 | $30,230 | $167,640 | $2,900 |
| 2019 | $137,410 | $30,230 | $167,640 | $2,836 |
| 2018 | $131,430 | $30,230 | $161,660 | $2,826 |
| 2017 | $131,430 | $30,230 | $161,660 | $2,892 |
| 2016 | $131,430 | $30,230 | $161,660 | $2,702 |
| 2015 | $131,430 | $30,230 | $161,660 | $2,734 |
| 2014 | $131,430 | $30,230 | $161,660 | $2,666 |
| 2013 | $131,430 | $30,230 | $161,660 | $2,494 |
| 2012 | $125,460 | $30,230 | $155,690 | $2,494 |
| 2011 | $125,460 | $30,230 | $155,690 | $2,753 |
| 2010 | $139,410 | $24,880 | $164,290 | $2,713 |
| 2008 | $139,410 | $24,880 | $164,290 | $2,556 |
Property facts
Year built
1915
Property type
single_family
Stories
—
Beds
4
Baths
1
Living area
1,988 sqft
Lot size
13,020 sqft
ZIP code
50613
City
Cedar Falls
Street
Rainbow Dr
Coordinates
42.51722, -92.41334
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,170
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 2626 Rainbow Dr last sell?
2626 Rainbow Dr most recently sold on Jul 26, 2022 for $195,000.
What is the current tax assessment for 2626 Rainbow Dr?
The most recent total assessment for 2626 Rainbow Dr (year 2025) is $239,270 with $3,316 in property tax.
How does 2626 Rainbow Dr's assessment compare to its last sale price?
The current assessment is 22.7% above the last sale price of $195,000.
When was 2626 Rainbow Dr built?
2626 Rainbow Dr was built in 1915.
How does 2626 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 2626 Rainbow Dr?
2626 Rainbow Dr is a 4 bed, 1 bath, 1,988 sqft, 13,020 sqft lot single_family.
Is 2626 Rainbow Dr a flip candidate?
No — 2626 Rainbow Dr does not appear in our flips dataset.
Is 2626 Rainbow Dr a tax-appeal candidate?
No — 2626 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