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3025 Rainbow Dr

Cedar Falls, IA 50613

3 bd 2 ba 1,558 sqft Built 1978 Lot 7,405 sqft single_family
Most recent sale
$173,000
May 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 16, 2022 Sold $173,000 Public Record
May 13, 2022 Sold $173,000 NorthEastIARegional
Apr 1, 2022 Listed $164,000 MLS #20221203
Mar 21, 2019 Listing removed $1,400 AppfolioUnits
Jan 31, 2019 Listed for rent $1,400 AppfolioUnits
Oct 6, 2018 Listing removed $134,900 NorthEastIARegional
Sep 6, 2018 Price changed $134,900 MLS #20183032
Jul 19, 2018 Price changed $138,000 MLS #20183032
Jun 18, 2018 Listed $139,900 MLS #20183032
Apr 24, 2014 Sold $127,500 Public Record
Feb 10, 2014 Listing removed $129,500 NorthEastIARegional
Dec 2, 2013 Price changed $129,500 MLS #20131672
Sep 16, 2013 Listed $132,500 MLS #20131672
May 29, 2008 Sold $120,000 Public Record
Feb 1, 2005 Sold $105,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $165,820 $19,130 $184,950 $2,494
2024 $165,820 $19,130 $184,950 $2,418
2023 $146,040 $19,130 $165,170 $2,268
2022 $111,360 $20,400 $131,760 $2,462
2021 $111,360 $20,400 $131,760 $2,382
2020 $111,360 $16,580 $127,940 $2,336
2019 $111,360 $16,580 $127,940 $2,118
2018 $109,570 $16,580 $126,150 $2,108
2017 $109,570 $16,580 $126,150 $2,160
2016 $109,570 $16,580 $126,150 $2,230
2015 $109,570 $16,580 $126,150 $2,076
2014 $99,610 $16,580 $116,190 $1,872
2013 $99,610 $16,580 $116,190 $1,906
2012 $104,590 $16,580 $121,170 $1,914
2011 $104,590 $16,580 $121,170 $1,906
2010 $100,110 $13,640 $113,750 $1,878
2008 $100,110 $13,640 $113,750 $1,770

Property facts

Year built
1978
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,558 sqft
Lot size
7,405 sqft
ZIP code
50613
City
Cedar Falls
Street
Rainbow Dr
Coordinates
42.51626, -92.40825

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,038
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 3025 Rainbow Dr last sell?
3025 Rainbow Dr most recently sold on May 16, 2022 for $173,000.
What is the current tax assessment for 3025 Rainbow Dr?
The most recent total assessment for 3025 Rainbow Dr (year 2025) is $184,950 with $2,494 in property tax.
How does 3025 Rainbow Dr's assessment compare to its last sale price?
The current assessment is 6.9% above the last sale price of $173,000.
When was 3025 Rainbow Dr built?
3025 Rainbow Dr was built in 1978.
How does 3025 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 3025 Rainbow Dr?
3025 Rainbow Dr is a 3 bed, 2 bath, 1,558 sqft, 7,405 sqft lot single_family.
Is 3025 Rainbow Dr a flip candidate?
No — 3025 Rainbow Dr does not appear in our flips dataset.
Is 3025 Rainbow Dr a tax-appeal candidate?
No — 3025 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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