NOT LISTED FOR SALE

120 Rainbow Dr Collinsville, IL 62234

Estimated Value: $130,000 - $199,000

2 Beds
1 Bath
846 Sq Ft
$177/Sq Ft Est. Value

Last Sold August 28, 2019

Last sale price $118,000 $139 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $946/month

3 Days on Market

Highlights

  • Corner Lot
  • Stainless Steel Appliances
  • Oversized Parking
  • Solid Surface Countertops
  • 2 Car Detached Garage
  • Eat-In Kitchen

About This Home

As of August 2019

Wow! Adorable 2/1 cutie in Meadow Heights! Close to everything! PERFECT for buyers who want easy living! Lots of updates in this home - bath has heated tile floors, tile surround, shaker cabinets & vanity. Updated kitchen w/ Corian counters, tile backsplash and new stainless appliances. New hot water heater & HVAC, newer roof. New stainless refrigerator, gas range/oven & newer front-loading washer & dryer included Lots of storage - even a pantry & laundry room! You have to see the back deck to believe it - complete with pergola and concrete/flagstone firepit area - perfect for entertaining. Huge corner lot with chain link fencing and cute garden shed! The detached oversized 2 car garage is perfect for a workshop and has TONS of storage! Living room TV & surround sound stays, kitchen TV stays, other furnishings neg. Firepit does not stay. City occupancy passed & meticulously maintained- part of an estate so seller will do no further repairs. Inside pics coming soon!

Last Agent to Sell the Property

Tina Denman

Keller Williams Marquee License #475.173635 Listed on: 07/30/2019

Keller Williams Marquee

Last Buyer's Agent

Amber Heeren

RE/MAX Alliance License #475181025

RE/MAX Alliance

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,909

Year Built

  • Built in 1945

Lot Details

  • 0.32 Acre Lot
  • Chain Link Fence
  • Corner Lot
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Oversized Parking
  • Workshop in Garage
  • Garage Door Opener

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 846 Sq Ft Home
  • 1-Story Property
  • Built In Speakers
  • Gas Fireplace
  • Window Treatments
  • French Doors
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Utility Room
  • Partially Carpeted
  • Crawl Space
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Solid Surface Countertops
  • Built-In or Custom Kitchen Cabinets
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Covered Deck
  • Patio
  • Utility Building

Schools

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

Utilities

  • 90% Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Workshop Area

Listing and Financial Details

  • Assessor Parcel Number 13-2-21-22-18-302-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,909

Year Built

Built in 1945

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Style: 1 Story
  • Style Description: Bungalow / Cottage
  • Cross Street: Lost
  • Municipality Township: Collinsville
  • Special Areas: Utility Room
  • Special Description: Owner Occupied
  • Age: 74
  • Ownership: Private
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Space/Crawl or Other
  • Dining Room: Kitchen/Dining Combo
  • Fireplace Location: Living Room
  • Fireplace Type: Gas
  • Interior Amenities: Some Carpeting, Some Window Treatmnt
  • Kitchen: Custom Cabinetry, Eat-In Kitchen, Pantry, SolidSurfaceCounter
  • Main Level Bedrooms: 2
  • Main Full Bathrooms: 1
  • Misc Features: Built-In Speakers, Deck-Covered, Patio, Smoke Alarm/Detec, Utility Shed
  • Total Living Area: 846.00
  • Windows/Doors: French Door(s)
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range/Oven-Gas, Refrigerator, Stainless Steel Appliances, Washer
  • Bathrooms: 1.00
  • Bedrooms: 2.00
  • Room Cnt: 7
  • Square Footage: 846
  • Total Full Baths: 1
  • Number Fireplaces: 1

Exterior Features

  • Construction: Vinyl Siding

Garage/Parking

  • Garage Size: 23x23
  • Garage Spaces: 2
  • Parking: Detached, Garage Door Opener, Oversize, Workshop/Storage Area

Utilities

  • Sewer: Public
  • Water: Public
  • Water Heater: Gas
  • Cooling: Central-Electric
  • Heating: Forced Air 90+

Condo/Co-op/Association

  • Amenities: Workshop/Hobby Area

Schools

  • School District: Collinsville DIST 10
  • Elementary School: COLLINSVILLE DIST 10
  • Middle School: COLLINSVILLE DIST 10
  • High School: Collinsville
  • 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, Corner Lot, Fencing, Level Lot
  • Lot Dimensions: 71x175 IRR
  • Lot Sq Ft: 13852
  • Acres: 0.3180

Tax Info

  • Prop Asses Cty Tx: Yes
  • Taxes Paid: 948
  • Taxes Paid Year: 2018
  • Assessor Parcel Number: 13-2-21-22-18-302-011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2025
Sold by
Farris Paul and Farris Dawn
Bought by
Farris Dawn M
Current Estimated Value
$149,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Outstanding Balance
$44,655
Interest Rate
6.29%
Mortgage Type
New Conventional
Estimated Equity
$104,783

Purchase Details

Listed on
Jul 30, 2019
Closed on
Aug 20, 2019
Sold by
Thompson Douglas C
Bought by
Farris Dawn and Farris Paul
Seller's Agent
Tina Denman
Keller Williams Marquee
Buyer's Agent
Amber Heeren
RE/MAX Alliance
List Price
$120,000
Sold Price
$118,000
Premium/Discount to List
-$2,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.90%

Purchase Details

Closed on
Mar 5, 2013
Sold by
Brundage Carol S and Brown Carol S
Bought by
Cochran Miles G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage
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
Farris Dawn M -- Chesterfield Title Agency
Farris Dawn $118,000 Benchmark Title
Cochran Miles G $78,000 Abstracts & Titles Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farris Dawn M $45,000
Previous Owner Cochran Miles G $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2019 08/28/19 Sold $118,000 -1.7% $139 / Sq Ft
08/03/2019 08/03/19 Pending -- -- --
07/30/2019 07/30/19 For Sale $120,000 -- $142 / 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 $1,909 $35,860 $9,490 $26,370
2023 $1,909 $33,190 $8,780 $24,410
2022 $1,789 $30,690 $8,120 $22,570
2021 $1,671 $30,190 $8,000 $22,190
2020 $1,591 $28,800 $7,630 $21,170
2019 $1,124 $27,820 $7,370 $20,450
2018 $948 $26,360 $6,990 $19,370
2017 $1,480 $25,830 $6,850 $18,980
2016 $1,393 $25,830 $6,850 $18,980
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

Agents Affiliated with this Home

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Map

Source: MARIS MLS

MLS Number: MIS19057484

MARIS MLS

APN: 13-2-21-22-18-302-011