NOT LISTED FOR SALE

117 Rainbow Dr Collinsville, IL 62234

Estimated Value: $119,000 - $147,000

2 Beds
1 Bath
984 Sq Ft
$133/Sq Ft Est. Value

About This Home

This home is located at 117 Rainbow Dr, Collinsville, IL 62234 and is currently estimated at $130,991, approximately $133 per square foot. 117 Rainbow Dr is a home located in Madison County with nearby schools including John A Renfro Elementary School, Dorris Intermediate School, and Collinsville Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 13, 2017
Sold by
Welmon Luke T and Welmon April M
Bought by
Seim Heather L
Current Estimated Value
$130,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,962
Outstanding Balance
$74,918
Interest Rate
4.4%
Mortgage Type
FHA
Estimated Equity
$56,073

Purchase Details

Closed on
Jul 29, 2010
Sold by
Bush William J and Bush Jane L
Bought by
Welmon Luke T and Irby April M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,845
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 29, 2009
Sold by
Brian Scott Llc
Bought by
Brian Scott Llc

Purchase Details

Closed on
Nov 22, 2006
Sold by
Lemaster Brein Kaye
Bought by
Ogden Nicole M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,750
Interest Rate
8.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 21, 2003
Sold by
Peplaw Jane E and Peplaw Timothy J
Bought by
Lemaster Brein Kaye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,500
Interest Rate
5.69%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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Average Value
Not Available
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
Seim Heather L $95,500 Abstracts & Titles
Welmon Luke T $85,000 Abstracts & Titles Inc
Brian Scott Llc $57,000 Integrity Land Title Co Inc
Brian Scott Llc $43,500 Integrity Land Title Co Inc
Ogden Nicole M $97,500 Abstracts & Titles Inc
Lemaster Brein Kaye $87,000 Abstracts & Titles Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seim Heather L $87,962
Previous Owner Welmon Luke T $83,845
Previous Owner Ogden Nicole M $87,750
Previous Owner Lemaster Brein Kaye $69,500
Closed Lemaster Brein Kaye $13,035
Source: Public Records

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 $1,878 $35,370 $9,490 $25,880
2023 $1,878 $32,730 $8,780 $23,950
2022 $1,759 $30,270 $8,120 $22,150
2021 $1,639 $29,730 $8,000 $21,730
2020 $1,561 $28,360 $7,630 $20,730
2019 $1,505 $27,390 $7,370 $20,020
2018 $1,458 $25,950 $6,990 $18,960
2017 $1,451 $25,430 $6,850 $18,580
2016 $1,518 $25,430 $6,850 $18,580
2015 $1,653 $28,080 $8,370 $19,710
2014 $1,653 $28,080 $8,370 $19,710
2013 $1,653 $28,080 $8,370 $19,710
Source: Public Records

Map

Illinois Madison County Collinsville 62234

117 Rainbow Dr, Collinsville, IL

Not Listed for Sale

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