NOT LISTED FOR SALE

105 Rainbow Dr Collinsville, IL 62234

Estimated Value: $122,000 - $157,000

3 Beds
1 Bath
1,024 Sq Ft
$137/Sq Ft Est. Value

Last Sold May 03, 2022

Last sale price $90,000 $88 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $970/month

23 Days on Market

Highlights

  • Ranch Style House
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Covered Patio or Porch
  • Shed
  • Chain Link Fence

About This Home

As of May 2022

Check out this pot of gold at 105 Rainbow Drive in Collinsville.This one-owner, 3 bedroom/1 bath home is perfect for anyone looking to customize their own home or to use as a rental property. This hidden gem includes a spacious fenced in backyard, a porch swing under a large covered patio, an electric washer and dryer, gas stove/oven, and combination safe to store your precious items or important paperwork. A new HVAC system was installed July 2021, and the roof replaced circa 2009. The property also includes a detached garage with electric opener and an attached shed. This diamond in the rough is overflowing with potential and won’t be on the market for long. With a little love, it could be your very own pot of gold at the end of the rainbow. Open house is scheduled Sunday, April 10th from 12-2pm. Showing time appointments will begin following the open house. Earnest money payable to Pinnacle Title Agency. O’Fallon, IL. By appointment only, Vacant, Combination Lock Box.

Last Agent to Sell the Property

Angela Wrather

Keller Williams Pinnacle License #475197664 Listed on: 04/09/2022

Keller Williams Pinnacle

Last Buyer's Agent

Nida Davis

Keller Williams Marquee License #475189234

Keller Williams Marquee

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1945

Lot Details

  • 0.26 Acre Lot
  • Chain Link Fence

Parking

  • 1 Car Detached Garage
  • Workshop in Garage
  • Off-Street Parking

Home Design

  • Ranch Style House
  • Traditional Architecture
  • Cedar

Interior Spaces

  • 1,024 Sq Ft Home
  • Crawl Space
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Shed

Schools

  • Collinsville Dist 10 Elementary And Middle School
  • Collinsville High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Senior Freeze Tax Exemptions
  • Assessor Parcel Number 13-2-21-22-18-301-031

Home Details

Home Type

Single Family

Year Built

Built in 1945

Lot Details

0.26 Acres

Parking

1

Listing Details

  • Property Type: Residential
  • Style: 1 Story
  • Style Description: Ranch
  • Cross Street: Victory Dr.
  • Municipality Township: Collinsville
  • Special Description: Senior Freeze
  • Age: 77
  • Ownership: Private
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Space/Crawl or Other
  • Main Level Bedrooms: 3
  • Main Full Bathrooms: 1
  • Misc Features: Patio-Covered
  • Total Living Area: 1024.00
  • Appliances: Dryer, Range/Oven-Gas, Washer
  • Bathrooms: 1.00
  • Bedrooms: 3.00
  • Room Cnt: 7
  • Square Footage: 1024
  • Total Full Baths: 1

Exterior Features

  • Architecture: Traditional
  • Construction: Cedar/Wood

Garage/Parking

  • Garage Spaces: 1
  • Parking: Detached, Off Street, Workshop/Storage Area

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Central-Electric
  • Heating: Forced Air

Schools

  • Elementary School: COLLINSVILLE DIST 10
  • Junior High School: COLLINSVILLE DIST 10
  • School District: Collinsville DIST 10
  • Senior High School: Collinsville

Lot Info

  • Lot Description: Chain Link Fence, Fencing
  • Lot Dimensions: .2588
  • Lot Number: 127
  • Lot Sq Ft: 11282
  • Acres: 0.2590

Building Info

  • Buildings: Shed(s)

Tax Info

  • Taxes Paid: 509
  • Taxes Paid Year: 2020
  • Assessor Parcel Number: 13-2-21-22-18-301-031

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2022
Sold by
Davis Nida
Bought by
Alexander Properties Llc
Current Estimated Value
$139,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,515
Outstanding Balance
$243,295
Interest Rate
5.66%
Mortgage Type
Commercial
Estimated Equity
-$103,463

Purchase Details

Listed on
Apr 9, 2022
Closed on
May 3, 2022
Sold by
Vogler Diane K and Stroud Kevin L
Bought by
Davis Nida
Seller's Agent
Angela Wrather
Keller Williams Pinnacle
Buyer's Agent
Nida Davis
Keller Williams Marquee
List Price
$79,900
Sold Price
$90,000
Premium/Discount to List
$10,100
12.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.33%
Original Mortgage
$97,500
Interest Rate
4.42%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Alexander Properties Llc -- First American Title Insurance
Davis Nida $90,000 Pinnacle Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexander Properties Llc $253,515
Previous Owner Davis Nida $97,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2022 05/05/22 Pending -- -- --
05/03/2022 05/03/22 Sold $90,000 +12.6% $88 / Sq Ft
04/29/2022 04/29/22 For Sale $79,900 0.0% $78 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
04/09/2022 04/09/22 For Sale $79,900 -- $78 / Sq Ft
Source: MARIS MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,734 $42,760 $9,490 $33,270
2023 $2,734 $39,570 $8,780 $30,790
2022 $2,604 $36,590 $8,120 $28,470
2021 $504 $35,850 $8,000 $27,850
2020 $509 $34,200 $7,630 $26,570
2019 $513 $33,030 $7,370 $25,660
2018 $517 $31,300 $6,990 $24,310
2017 $1,476 $30,680 $6,850 $23,830
2016 $570 $30,680 $6,850 $23,830
2015 $546 $33,630 $8,370 $25,260
2014 $546 $33,630 $8,370 $25,260
2013 $546 $33,630 $8,370 $25,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS22020914

MARIS MLS

APN: 13-2-21-22-18-301-031

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