NOT LISTED FOR SALE

2060 Rainbow Lake Ln Unit 211 West Bend, WI 53090

Downtown West Bend Neighborhood

Estimated Value: $225,000 - $243,192

2 Beds
2 Baths
1,214 Sq Ft
$220/mo HOA Fee

Last Sold May 22, 2012

Last sale price $25,750 $21 Per Sq Ft

Est. 815% increase in value since last sale

Current estimated payment $1,724/month

69 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • Bathtub with Shower
  • End Unit
  • Walk-In Closet
  • En-Suite Primary Bedroom

About This Home

As of May 2012

Stop paying rent and own this completely updated and desirable first floor end unit condo in the Barton-West Bend neighborhood. The floor plan is open concept with a spacious LR featuring a gfp leading into KIT and DR with updated lighting. The KIT features new stainless appliances, beautiful cabinetry and updated tile flooring. Main BA is updated with a solid surface vanity. Oversized master BR suite features large walk-in closet and ensuite with walk-in shower. 2nd BR features 2 large closets. Laundry room includes the washer/dryer. Entire condo has been freshly painted, feat. new carpet and includes window treatments. New water heater. 2 heated underground parking spaces and storage. Relax on patio. Condo is adjacent to Rainbow Lake and Lac Lawrann conservancy w/endless hiking trails

Last Listed By

Sharlene Knapp

RE/MAX Lakeside-South License #34579-94 Listed on: 07/11/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,980

Year Built

  • Built in 2006

Lot Details

  • End Unit

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • 1,214 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Badger Middle School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • High Speed Internet

Listing and Financial Details

  • Exclusions: Seller Personal Property

Community Details

Overview

  • 60 Units
  • Rainbow Lake Condos

Recreation

  • Trails

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,980

Year Built

Built in 2006

Lot Details

0

HOA Fees

$220 per month

Parking

2

Listing Details

  • Prop. Type: Condo
  • Inclusions: Refrigerator, Stove/Range, Dishwasher, Washer and Dryer, EDO and window treatments throughout.
  • Directions: Barton Ave/144 to Rainbow Lake Lane
  • New Construction: No
  • Year Built: 2006
  • Full Street Address: 2060 Rainbow Lake LANE #211
  • Type 5 Heat Fuel: Natural Gas
  • Kitchen Level: Main
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Poured Concrete, Walk Out/Outer Door
  • Interior Amenities: Cable/Satellite Available, High Speed Internet, In-Unit Laundry, Walk-in closet(s)
  • Bathroom Description: Ceramic Tile, Master Bedroom Bath: Walk-In Shower, Master Bedroom Bath, Shower Over Tub
  • Room Bedroom2 Level: Main
  • Dining Room Dining Room Level: Main
  • Living Room Level: Main
  • Master Bedroom Master Bedroom Level: Main
  • Master Bedroom Master Bedroom Width: 13
  • Second Floor Total Sq Ft: 1214.00

Exterior Features

  • Exclusions: Seller Personal Property
  • Exterior Features: Private Entry
  • Exterior Building Type: 2 Story
  • Exterior: Brick, Brick/Stone, Vinyl

Garage/Parking

  • Parking Features:Workshop in Garage: Attached, Heated, Opener Included, Underground, 2 Car
  • Garage Spaces: 2.0
  • Garage/Parking: Assigned

Utilities

  • Water Waste: Municipal Sewer, Municipal Water

Association/Amenities

  • Condominium Name: Rainbow Lake
  • Association Pet Rules:Pets Permitted: Yes

Condo/Co-op/Association

  • Number Units In Association: 60

Schools

  • School District: West Bend
  • Middle School: Badger
  • Junior High Dist: West Bend

Lot Info

  • Zoning: RES

Tax Info

  • Tax Year: 2022
  • Total Taxes: 1980.32

MLS Schools

  • Middle School: Badger

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2023
Closed on
Oct 27, 2023
Sold by
Memmel Linda and Memmel Larry
Bought by
Burke Colleen Suzanne and Bergseth Christine Martha
Seller's Agent
Sharlene Knapp
RE/MAX Lakeside-South
Buyer's Agent
Expansion Group*
EXP Realty LLC-West Allis
List Price
$259,000
Sold Price
$240,000
Premium/Discount to List
-$19,000
-7.34%
Total Days on Market
69
Views
614
Current Estimated Value
$235,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,452
Avg. Annual Appreciation
-1.38%
Original Mortgage
$182,000
Outstanding Balance
$179,650
Interest Rate
7.31%
Estimated Equity
$55,345

Purchase Details

Closed on
Nov 11, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Memmel Linda and Memmel Larry

Purchase Details

Closed on
Oct 12, 2011
Sold by
Ohm Tricia R
Bought by
Harris Na

Purchase Details

Closed on
Feb 8, 2008
Sold by
Rainbow Lake Associates Lp
Bought by
Ohm Tricia R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,200
Interest Rate
5.9%
Mortgage Type
New Conventional

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
Burke Colleen Suzanne $240,000 Multiple
Memmel Linda -- None Available
Harris Na $87,500 None Available
Ohm Tricia R $127,400 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burke Colleen Suzanne $182,000
Closed Burke Colleen Suzanne $182,000
Previous Owner Ohm Tricia R $0
Previous Owner Ohm Tricia R $101,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2023 10/29/23 Off Market $239,000 -- --
08/14/2023 08/14/23 Price Changed $239,000 -4.0% $197 / Sq Ft
07/24/2023 07/24/23 Price Changed $249,000 -3.9% $205 / Sq Ft
07/13/2023 07/13/23 For Sale $259,000 +905.8% $213 / Sq Ft
05/22/2012 05/22/12 Sold $25,750 0.0% $21 / Sq Ft
05/07/2012 05/07/12 Pending -- -- --
11/21/2011 11/21/11 For Sale $25,750 -- $21 / Sq Ft
Source: Metro 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 $2,393 $192,800 $15,000 $177,800
2023 $2,125 $107,200 $10,000 $97,200
2022 $1,749 $107,200 $10,000 $97,200
2021 $1,775 $107,200 $10,000 $97,200
2020 $1,786 $107,200 $10,000 $97,200
2019 $1,714 $107,200 $10,000 $97,200
2018 $1,673 $107,200 $10,000 $97,200
2017 $1,700 $96,300 $10,000 $86,300
2016 $672 $43,200 $10,000 $33,200
2015 $684 $43,200 $10,000 $33,200
2014 $776 $43,200 $10,000 $33,200
2013 $726 $37,700 $10,000 $27,700
Source: Public Records

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Source: Metro MLS

MLS Number: 1842078

Metro MLS

APN: 1119-013-1211