2005 Rainbow View Urbana, IL 61802
East Urbana NeighborhoodEstimated Value: $116,000 - $158,000
3
Beds
1
Bath
1,248
Sq Ft
$111/Sq Ft
Est. Value
About This Home
This home is located at 2005 Rainbow View, Urbana, IL 61802 and is currently estimated at $138,333, approximately $110 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
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
Interest Rate
6.87%
Mortgage Type
New Conventional
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| Previous Owner | 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
| 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
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