2103 Rainbow Dr, Cedar Falls, IA 50613
Property image
Property image
SOLD
NOV 7, 2025

2103 Rainbow Dr
Cedar Falls, IA 50613

  • 4 Beds
  • 2 Baths
  • 2,668 sqft (on 0.26 acres)

$255,000

Last Sold: Nov 7, 2025
4% below list $265K
$96/sqft
Est. Refi. Payment $1,684/mo*
Refinance Your Home

$255,000

Last Sold: Nov 7, 2025
4% below list $265K
$96/sqft
Est. Refi. Payment $1,684/mo*
Refinance Your Home
4 Beds
2 Baths
2,668 sqft
(on 0.26 acres)

Local Information

  • Map ViewExplore the area around 2103 Rainbow Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1917
Lot Size
0.26 acres
Living Area
2,668 sqft
Price/Sqft
$96/sqft
Parking
Garage
HOA
None

About this House

This 4 bedroom, 1.75 bath crown jewel of a home prominently situated on the corner of Rainbow Drive and Rownd Street has been meticulously maintained and updated offering a cozy and inviting atmosphere with all modern amenities you'd come to expect from a home today. As you drive by you can't help notice the inviting enclosed wrap around front porch, tile roofing, and the beautiful white brick exterior. The gleaming original hardwood floors throughout the interior are in nearly perfect condition. The home also offers a large living room with an attractive wood burning fireplace as the centerpiece, formal dining, and kitchen with modern appliances and ample counter space that is sure to meet all your culinary needs. Another added bonus to this charming home is the completely finished off attic providing a potential fourth large bedroom or added space to make your own! The exterior of the home offers a drive thru covered carport that leads to the detached 2 stall garage. There is also a fenced in area off the garage, perfect for those that have pets or possibly want a good sized garden area. All this just a few block from Cedar Heights Elementary and many other amenities!
2103 Rainbow Dr, Cedar Falls, IA 50613 is a 4 bedroom, 1 bathroom, 2,668 sqft single-family home built in 1917. It last sold for $255,000 on Nov 7, 2025 (4% below the $264,900 asking price). It is currently off market. The Trulia Estimate is $261,300, with a rent estimate of $1,625/month.

Home Details for 2103 Rainbow Dr

Interior Features

Interior Details
Basement: UnfinishedNumber of Rooms: 3
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1
Dimensions and Layout
Living Area: 2668 Square Feet
Heating & Cooling
Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air
Fireplace & Spa
Fireplace: One, Wood BurningHas a Fireplace

Exterior Features

Exterior Home Features
Roof: Tile
Parking & Garage
Number of Carport Spaces: 2Number of Covered Spaces: 2GarageParking Spaces: 2Parking: 2 Stall,Carport,Detached Garage
Frontage
Road Surface Type: Concrete
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 29

Property Information

Year Built
Year Built: 1917
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: BrickNo Additional Parcels
Property Information
Parcel Number: 891318429001

Price & Status

Price
List Price: $264,900Price Per Sqft: $96/sqft
Status Change & Dates
Off Market Date: Thu Sep 18 2025

Active Status

MLS Status: Closed

Location

Direction & Address
City: Cedar Falls
School Information
Elementary School: Cedar Heights ElementaryJr High / Middle School: Peet Junior HighHigh School: Cedar Falls High

Lot Information

Lot Area: 0.26 acres

Listing Info

Special Conditions: Standard

Miscellaneous

BasementMls Number: 20254037
Last check for updates: about 6 hours ago
Listed by Joe Leehey, (319) 415-7349
Fischels Residential Group
Brooke Leehey, (319) 404-7297
Fischels Residential Group
Bought with: Haley Andersen, (319) 243-5654, Structure Real Estate
Source: Northeast Iowa Regional BOR as distributed by MLS GRID, MLS#20254037

Price History for 2103 Rainbow Dr

DatePriceEventSource
11/07/2025$255,000Sold
Northeast Iowa Regional BOR as distributed by MLS GRID #20254037
09/19/2025$264,900PendingNortheast Iowa Regional BOR as distributed by MLS GRID #20254037
09/08/2025$264,900PriceChange
Northeast Iowa Regional BOR as distributed by MLS GRID #20254037
08/25/2025$269,000PriceChange
Northeast Iowa Regional BOR as distributed by MLS GRID #20254037
08/20/2025$274,000Listed For SaleNortheast Iowa Regional BOR as distributed by MLS GRID #20254037
08/18/2023$235,000Sold
Northeast Iowa Regional BOR as distributed by MLS GRID #20232644
07/06/2023$230,000PendingNortheast Iowa Regional BOR as distributed by MLS GRID #20232644
06/29/2023$230,000Listed For SaleNortheast Iowa Regional BOR as distributed by MLS GRID #20232644
12/14/2018$170,000Sold
N/A
11/06/2018$179,900PriceChange
Agent Provided
09/26/2018$189,900PriceChange
Agent Provided
08/09/2018$199,900PriceChange
Agent Provided
07/18/2018$209,900Listed For SaleAgent Provided

Market trends in Cedar Falls

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$280K
$10.67KMoM
Sale-to-List Price
98.9%
0.9%MoM
Price per sq ft
$158
$3MoM
Available listings
133
28MoM
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Property Tax and Assessment

Year2025
Tax$3,732
Assessment$258,690
Home facts updated by county records

Comparable Sales for 2103 Rainbow Dr

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1830 Madison St, Cedar Falls, IA
0.14
Single-Family Home
$255,000
12/05/25
4
2
1,920
2117 Rownd St, Cedar Falls, IA
0.08
Single-Family Home
$310,000
06/17/26
4
2
1,879
2209 Grand Blvd, Cedar Falls, IA
0.07
Single-Family Home
$315,000
11/13/25
4
1
2,512
1609 Rainbow Dr, Cedar Falls, IA
0.32
Single-Family Home
$237,000
01/15/26
4
2
1,764
2320 Rainbow Dr, Cedar Falls, IA
0.14
Single-Family Home
$299,000
05/01/26
3
2.5
2,367
1621 Picturesque Dr, Cedar Falls, IA
0.29
Single-Family Home
$416,100
07/10/26
4
2
2,016
2203 Grand Blvd, Cedar Falls, IA
0.06
Single-Family Home
$325,000
05/22/26
3
1.5
1,864
2519 Rownd St, Cedar Falls, IA
0.30
Single-Family Home
$327,500
06/03/26
4
2
2,416
2512 Timber Dr, Cedar Falls, IA
0.27
Single-Family Home
$180,000
06/04/26
3
2
1,900

Nearby homes

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Assigned Schools

These are the assigned schools for 2103 Rainbow Dr.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Cedar Falls

At least 133 Trulia users voted on each feature.

  • 91 % Say car is needed

  • 88 % Say it's dog friendly

  • 82 % Say there are sidewalks

  • 80 % Say people would walk alone at night

  • 79 % Say yards are well-kept

  • 78 % Say there's holiday spirit

  • 77 % Say parking is easy

  • 69 % Say kids play outside

  • 66 % Say streets are well-lit

  • 66 % Say it's quiet

  • 54 % Say neighbors are friendly

  • 51 % Say there's wildlife

  • 43 % Say it's walkable to restaurants

  • 43 % Say they plan to stay for at least 5 years

  • 32 % Say it's walkable to grocery stores

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Joe Tjaden
    "There are plenty of parks for the kids to play. The neighbours are friendly and helpful if needed. The city is clean and offer a lot of outdoor activities."
    0
    Flag
  • Tlwellman912
    "Retired. Moved to Cedar Falls to be near grandchildren. Nice area, plenty to do. It’s always hard moving to a new place. Our neighbors are very nice. "
    1
    Flag
  • Trulia User
    "I drive myself around in my car. Commute is quite good and this is so a very safe area to live in. Nice place to raise a family "
    0
    Flag
  • Krieger.mck
    "Good walking trails that lead to dog park. Lots of space to run in the yard. Neighbor dogs are friendly. "
    1
    Flag
  • Phil A.
    "No public park with swing sets near by. Also I wouldn’t have kids next to the river. The schools are likely best I the country try."
    4
    Flag
  • Mark
    "I live in the downtown, a very active and interesting area. We have a great number of friends and pets in our area."
    0
    Flag
  • Nolan P.
    "The neighborhood can be quiet at times, no counting the loud cars. It's kid friendly however people drive their cars very fast and can be reckless. "
    1
    Flag
  • Carol B. R.
    "Its quiet, and we don’t have too much traffic. There are plenty of walking trails available. It’s an open layout with plenty of yard space for room to roam and play. "
    3
    Flag
  • Carol B. R.
    "This neighborhood is close to a park and connects to multiple trails that are great for walking, running, and biking. "
    0
    Flag
  • Marvm28
    "You can drive to anything in Cedar Falls in 15 minutes or less. I have no experience with public transportation. "
    1
    Flag
  • Carol B. R.
    "We have neighborhood garage sales. It’s a great way to meet other neighbors and intermingle with people from nearby neighborhoods. We have a playground within walking distance and lots of trails close by. "
    3
    Flag
  • Molly S.
    "Great neighborhood for young families. Easy to get to restaurants and kid's events. Basic neighborhood. "
    0
    Flag
  • Andrea h.
    "It's safe, the community is friendly, lots of bike trails and parks, family friendly as well as being a college town with a happening night scene. Top notch schools, excellent locally run utilities/high speed wifi. The only downside is we're next to a couple college rental houses, our stuff has been stolen from your yard and noise wakes up my kids at night. Also high property taxes."
    1
    Flag
  • Krieger m.
    "It’s quiet and peaceful. There are restaurants nearby. It’s a great place to raise a family with kids and pets"
    0
    Flag
  • Lwd
    "A surprisingly walkable area of Cedar Falls. You can bike or even walk along Waterloo Ave/12th St. to get to downtown Cedar Falls. You can also easily get to UNI, Hartman Reserve and other areas by biking. The neighborhood is quiet and friendly."
    0
    Flag
  • ebony3cats
    "I live and work in this area. Park like settings. Most lots are approx. an acre in this section. Deer , fox, ducks, woodchucks, hawks, birds."
    0
    Flag
  • jkbkjk
    "Everybody is kind and lovely people in general. The town is quiet but not desolate, and has something for everyone."
    0
    Flag

LGBTQ Local Legal Protections

Apartments for Rent

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Explore by feature - Pet Friendly

52 pet-friendly rentals in Cedar Falls, IA

Explore by feature - Garage

33 rentals with a garage in Cedar Falls, IA

Explore by feature - Air Conditioning

56 rentals with air conditioning in Cedar Falls, IA

Explore by feature - Washer/dryer

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Explore by feature - Outdoor Space

11 rentals with an outdoor space in Cedar Falls, IA

Homes for sale near 2103 Rainbow Dr

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Off Market Homes Near 2103 Rainbow Dr

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IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.
Based on information submitted to the MLS GRID as of 2026-08-05 08:32:35 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information