Rainbow Dr
Menomonee Falls, WI 53051
4 bd 2 ba 2,011 sqft Built 1961 Lot 40,946 sqft single_family
Most recent sale
$396,000
Aug 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 11, 2022 | Sold | $396,000 | MLS #1801587 |
| Jul 8, 2022 | Listed | $384,900 | MLS #1801587 |
| May 24, 2021 | Sold | $345,000 | MLS #1731425 |
| Mar 19, 2021 | Listed | $339,900 | MLS #1731425 |
| Jan 1, 1993 | Sold | $130,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $259,500 | $123,800 | $383,300 | $4,458 |
| 2024 | $259,500 | $123,800 | $383,300 | $4,318 |
| 2023 | $259,500 | $123,800 | $383,300 | $4,153 |
| 2022 | $139,200 | $85,100 | $224,300 | $3,587 |
| 2021 | $139,200 | $85,100 | $224,300 | $3,431 |
| 2020 | $139,200 | $85,100 | $224,300 | $3,616 |
| 2019 | $139,200 | $85,100 | $224,300 | $3,456 |
| 2018 | $139,200 | $85,100 | $224,300 | $3,624 |
| 2017 | $139,200 | $85,100 | $224,300 | $3,757 |
| 2016 | $139,200 | $85,100 | $224,300 | $3,822 |
| 2015 | $139,200 | $85,100 | $224,300 | $3,833 |
| 2014 | $139,200 | $85,100 | $224,300 | $3,837 |
| 2013 | $139,200 | $85,100 | $224,300 | $4,045 |
| 2012 | $135,900 | $85,100 | $221,000 | $3,997 |
| 2010 | $135,900 | $85,100 | $221,000 | $3,967 |
| 2009 | $160,700 | $67,200 | $227,900 | $4,037 |
| 2008 | $160,700 | $67,200 | $227,900 | $3,856 |
| 2006 | $160,700 | $67,200 | $227,900 | $3,672 |
Property facts
Year built
1961
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,011 sqft
Lot size
40,946 sqft
ZIP code
53051
City
Menomonee Falls
Street
Rainbow Dr
Coordinates
43.16344, -88.10827
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$3,017
Gross rental yield
9.14%
Implied cap rate
5.94%
Trend-extrapolated value
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Frequently asked questions
When did Rainbow Dr last sell?
Rainbow Dr most recently sold on Aug 11, 2022 for $396,000.
What is the current tax assessment for Rainbow Dr?
The most recent total assessment for Rainbow Dr (year 2025) is $383,300 with $4,458 in property tax.
How does Rainbow Dr's assessment compare to its last sale price?
The current assessment is 3.2% below the last sale price of $396,000.
When was Rainbow Dr built?
Rainbow Dr was built in 1961.
How does Rainbow Dr compare to others on Rainbow Dr?
We track 4 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 Rainbow Dr?
Rainbow Dr is a 4 bed, 2 bath, 2,011 sqft, 40,946 sqft lot single_family.
Is Rainbow Dr a flip candidate?
No — Rainbow Dr does not appear in our flips dataset.
Is Rainbow Dr a tax-appeal candidate?
No — 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
+5.0%
Implied 1-yr
+19.9%
2026 Q3
$643.3K
2026 Q4
$667.5K
ZIP 53051 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Rainbow Dr