NOT LISTED FOR SALE

1580 Rainbow Bend Bourbonnais, IL 60914

Estimated Value: $296,000 - $328,000

3 Beds
2 Baths
2,024 Sq Ft
$155/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $250,000 $124 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $2,243/month

2 Days on Market

Highlights

  • Vaulted Ceiling
  • Ranch Style House
  • Fenced Yard
  • St. George Elementary School Rated A-
  • Corner Lot
  • Skylights

About This Home

As of July 2022

Custom Built 1 Owner Home. Centrally located with easy interstate access. Inviting front porch welcomes you into a foyer. Open concept floor plan. Over sized eat in kitchen with island and table space. Large dining room adjacent with double French doors. Over sized living room with cathedral ceilings, skylights, and fireplace. Cover, screened in porch of living room. Master suite offer ample space, WIC, and private ensuite. Two large bedrooms on the opposite side of home. Both bedrooms offer ample closet space. Hall bathroom adjacent to bedrooms has been updated. The next owner will love the 3 car attached garage and oversized storage shed in back. Shed sits on concrete pad and has loft storage. Roof & Gutters under 10 years. Furnace and AC 9 years old. Home sits on crawl with 10 x 10 basement utility room, access in garage.

Last Agent to Sell the Property

Cindy Olson-Purdy

Berkshire Hathaway HomeServices Speckman Realty License #471005118 Listed on: 06/14/2022

Berkshire Hathaway HomeServices Speckman Realty

Co-Listed By

Brit Wilkening

Berkshire Hathaway HomeServices Speckman Realty License #475163585

Last Buyer's Agent

Kelly Hayes

Coldwell Banker Realty License #475193730

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,209

Year Built

  • Built in 1997

Lot Details

  • Lot Dimensions are 114 x 130
  • Fenced Yard
  • Corner Lot
  • Property is zoned SINGL

Parking

  • 3 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof

Interior Spaces

  • 2,024 Sq Ft Home
  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,209

Year Built

Built in 1997

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1997
  • Age: 21-25 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Walk-In Closet(s)
  • LivingArea: 2024
  • Room Type: Enclosed Porch
  • Estimated Total Finished Sq Ft: 0
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 0

Exterior Features

  • Lot Features: Corner Lot, Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Number of Cars: 6
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Lot Info

  • Lot Dimensions: 114 X 130
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 21
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5209
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2022
Closed on
Jul 22, 2022
Sold by
Fellers Roger K and Fellers Louise A
Bought by
Belgrave Michael and Belgrave Brianna M
Seller's Agent
Cindy Olson-Purdy
Berkshire Hathaway HomeServices Speckman Realty
Buyer's Agent
Kelly Hayes
Coldwell Banker Realty
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$320,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,868
Avg. Annual Appreciation
6.93%
Original Mortgage
$237,500
Outstanding Balance
$227,192
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$87,393
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
Belgrave Michael $250,000 Kankakee County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belgrave Michael $237,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2022 07/22/22 Sold $250,000 0.0% $124 / Sq Ft
06/17/2022 06/17/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $249,900 -- $123 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $6,748 $94,988 $8,751 $86,237
2023 $6,527 $87,952 $8,103 $79,849
2022 $5,605 $77,776 $7,810 $69,966
2021 $5,209 $71,588 $7,638 $63,950
2020 $5,060 $70,945 $7,434 $63,511
2019 $5,183 $68,878 $7,217 $61,661
2018 $5,127 $67,860 $7,110 $60,750
2017 $5,080 $66,205 $6,937 $59,268
2016 $4,964 $65,226 $6,834 $58,392
2015 $5,028 $65,558 $6,766 $58,792
2014 $4,930 $66,205 $6,766 $59,439
2013 -- $67,402 $6,766 $60,636
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11402024

Midwest Real Estate Data (MRED)

APN: 17-09-15-305-017