NOT LISTED FOR SALE

112 Rainbow Dr Collinsville, IL 62234

Estimated Value: $118,000 - $137,000

2 Beds
1 Bath
726 Sq Ft
$175/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $100,000 $138 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $807/month

37 Days on Market

Highlights

  • Ranch Style House
  • Forced Air Heating and Cooling System
  • Partially Carpeted
  • Eat-In Kitchen
  • Humidifier
  • Level Lot

About This Home

As of May 2021

Looking for a wonderful 2 Bedroom, 1 Bath ranch ~ Make your showing today ~ Adorable and Affordable! Easy maintenance with vinyl siding and enjoy a very spacious level lot. Updates include New Carpetig 2021; Freshly Painted 2021; Gas Stove 2020; HVAC 2016; Sewer Line 2019; ROOF (garage and home) 2018; Water Heater & Halo ion water conditioner 2020; Gas piping 2020; Kitchen Faucet 2021, and Newer Windows. Washer and Dryer are included in the sale. There is a pull down Attic stair in laundry for more storage in addition to an oversized one car garage. This home is located close to shopping, restaurants, and has easy access to expressweays. Also this property has passsed the City of Collinsville Occupancy Inspection!

Last Agent to Sell the Property

Karen Currier

RE/MAX Alliance License #475114393 Listed on: 04/19/2021

RE/MAX Alliance

Last Buyer's Agent

Mike Bockhorn

Re/Max Alliance License #475.166178

Re/Max Alliance

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,670

Year Built

  • Built in 1945

Lot Details

  • Level Lot

Parking

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

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 726 Sq Ft Home
  • Insulated Windows
  • Window Treatments
  • Partially Carpeted
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Schools

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

Utilities

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

Listing and Financial Details

  • Senior Freeze Tax Exemptions
  • Assessor Parcel Number 13-2-21-22-18-302-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,670

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Style: 1 Story
  • Style Description: Ranch
  • Cross Street: Victort
  • Municipality Township: Collinsville
  • Special Areas: Main Floor Laundry
  • Special Description: Homestead Senior, Senior Freeze, Owner Occupied
  • Age: 76
  • Ownership: Private
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Space/Crawl or Other
  • Interior Amenities: Some Carpeting, Some Window Treatmnt
  • Kitchen: Eat-In Kitchen
  • Main Level Bedrooms: 2
  • Main Full Bathrooms: 1
  • Master Bed.: Full Bath
  • Total Living Area: 726.00
  • Windows/Doors: Some Insulated Wndws
  • Appliances: Dryer, Range/Oven-Gas, Refrigerator, Washer
  • Bathrooms: 1.00
  • Bedrooms: 2.00
  • Room Cnt: 6
  • Square Footage: 726
  • Total Full Baths: 1

Exterior Features

  • Construction: Vinyl Siding

Garage/Parking

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

Utilities

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

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: Level Lot
  • Lot Dimensions: 65 S X 179.2 IRR
  • Lot Number: 97

Tax Info

  • Taxes Paid: 177
  • Taxes Paid Year: 2020
  • Assessor Parcel Number: 13-2-21-22-18-302-007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2021
Closed on
May 23, 2021
Sold by
Faulkner Betty E and Faulkner John C
Bought by
Vetrone Jason A and Vetrone Marcelyn L
Seller's Agent
Karen Currier
RE/MAX Alliance
Buyer's Agent
Mike Bockhorn
Re/Max Alliance
List Price
$100,000
Sold Price
$100,000
Current Estimated Value
$126,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,733
Avg. Annual Appreciation
5.43%
Original Mortgage
$92,750
Outstanding Balance
$83,764
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$42,969
Source: Public Records

Range of Values:

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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
Vetrone Jason A $100,000 Abstracts & Titles
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vetrone Jason A $92,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2021 05/27/21 Sold $100,000 0.0% $138 / Sq Ft
04/19/2021 04/19/21 For Sale $100,000 -- $138 / Sq Ft
Source: MARIS MLS

Tax History Compared to Growth

Source: Public Records

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 $1,670 $32,120 $9,490 $22,630
2023 $1,670 $29,730 $8,780 $20,950
2022 $1,562 $27,490 $8,120 $19,370
2021 $173 $26,990 $8,000 $18,990
2020 $175 $25,750 $7,630 $18,120
2019 $177 $24,870 $7,370 $17,500
2018 $178 $23,570 $6,990 $16,580
2017 $914 $23,100 $6,850 $16,250
2016 $196 $23,100 $6,850 $16,250
2015 $188 $25,500 $8,370 $17,130
2014 $188 $25,500 $8,370 $17,130
2013 $188 $25,500 $8,370 $17,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS21024660

MARIS MLS

APN: 13-2-21-22-18-302-007