NOT LISTED FOR SALE

2005 Rainbow View Urbana, IL 61802

East Urbana Neighborhood

Estimated Value: $140,000 - $160,000

3 Beds
1 Bath
1,248 Sq Ft
$119/Sq Ft Est. Value

About This Home

This home is located at 2005 Rainbow View, Urbana, IL 61802 and is currently estimated at $149,000, approximately $119 per square foot. 2005 Rainbow View is a home located in Champaign County with nearby schools including Dr. Preston L. Williams Jr. Elementary School, Urbana Middle School, and Urbana High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2024
Sold by
Illini Management Llc
Bought by
Ep Property Holdings Llc
Current Estimated Value
$149,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Outstanding Balance
$502,835
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
-$353,835

Purchase Details

Closed on
Nov 30, 2020
Sold by
Mojo Properties Llc
Bought by
Illini Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,372,683
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 27, 2007
Sold by
Mou Shin and Mou Hsiao Chun
Bought by
Mojo Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,600
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2003
Sold by
Bank Of New York
Bought by
Mou Shin and Mou Hsiao Chun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,930
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2002
Sold by
Davis Marcus A and Davis Joann
Bought by
Bank Of New York
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Ep Property Holdings Llc $425,000 None Listed On Document
Illini Management Llc $650,000 Ct
Mojo Properties Llc $76,500 None Available
Mou Shin $60,000 --
Bank Of New York -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ep Property Holdings Llc $510,000
Previous Owner Illini Management Llc $1,372,683
Previous Owner Mojo Properties Llc $78,600
Previous Owner Mou Shin $41,930
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 $2,016 $27,350 $13,240 $14,110
2023 $2,016 $24,950 $12,080 $12,870
2022 $2,486 $22,970 $11,120 $11,850
2021 $1,662 $21,400 $10,360 $11,040
2020 $2,108 $19,600 $9,490 $10,110
2019 $2,048 $19,600 $9,490 $10,110
2018 $2,039 $19,740 $9,560 $10,180
2017 $1,424 $19,320 $9,360 $9,960
2016 $1,523 $20,330 $9,850 $10,480
2015 $1,540 $20,330 $9,850 $10,480
2014 $1,633 $21,400 $10,370 $11,030
2013 $1,729 $22,530 $10,920 $11,610
Source: Public Records

Map

Illinois Champaign County Urbana 61802 East Urbana

2005 Rainbow View, Urbana, IL

This home is located at 2005 Rainbow View, Urbana, IL 61802 and is currently estimated at $149,000, approximately $119 per square foot. 2005 Rainbow View is a home located in Champaign County with nearby schools including Dr. Preston L. Williams Jr. Elementary School, Urbana Middle School, and Urbana High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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