NOT LISTED FOR SALE

2135 Rainbow Lake Ln Unit 121 West Bend, WI 53090

Estimated Value: $222,000 - $248,000

2 Beds
2 Baths
1,492 Sq Ft
$220/mo HOA Fee

Last Sold November 17, 2023

Last sale price $175,000 $117 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,666/month

Highlights

  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • High Speed Internet
  • Balcony
  • Forced Air Heating and Cooling System
  • Wood Siding

About This Home

As of November 2023

Welcome to a spacious 2nd-floor end unit condo at Rainbow Lake Condominiums in West Bend, WI. This inviting residence features 2 bedrooms, 2 bathrooms, an open-concept layout perfect for modern living, and a lovely balcony for relaxation and outdoor enjoyment. 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.

Last Agent to Sell the Property

Melissa Bradley

Keller Williams Realty-Milwaukee North Shore License #81488-94 Listed on: 10/07/2023

Keller Williams Realty-Milwaukee North Shore

Last Buyer's Agent

Gundrum Group*

Realty Executives Integrity~Cedarburg License #49224-94

Realty Executives Integrity~Cedarburg

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,749

Year Built

  • Built in 2007

HOA Fees

  • $220 Monthly HOA Fees

Parking

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

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Wood Siding
  • Vinyl Siding
  • Aluminum Trim

Interior Spaces

  • 1,492 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Basement

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

Outdoor Features

  • Balcony

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's Personal Property

Community Details

Overview

  • 60 Units
  • Rainbow Lake Condos

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,749

Year Built

Built in 2007

Lot Details

0

HOA Fees

$220 per month

Parking

2

Listing Details

  • Prop. Type: Condo
  • Inclusions: Oven/Range, Refrigerator, Microwave, Dishwasher, Washer, Dryer
  • Directions: Hwy 45 North to Washington St, East to Main St, North to Barton Ave, Right to Rainbow Lake Lane, Right to 2135 (1st) building on left.
  • New Construction: No
  • Year Built: 2007
  • AssociationCommonAmenities: Common Green Space
  • CondoFeeMonthly: 220.0
  • CondoUnitType: 1 Story
  • Full Street Address: 2135 Rainbow Lake LANE #121
  • 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: Cooktop, Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Has Basement: Full, Poured Concrete, Walk Out/Outer Door
  • Interior Amenities: Cable/Satellite Available, High Speed Internet, In-Unit Laundry, Storage Lockers, Cathedral/vaulted ceiling
  • Bathroom Description: Master Bedroom Bath: Tub/Shower Combo
  • 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: 1492.00

Exterior Features

  • Exclusions: Seller's Personal Property
  • Exterior Features: Balcony, Patio/Porch
  • Exterior Building Type: 2 Story
  • Exterior: Brick, Brick/Stone, Aluminum Trim, Vinyl, Wood

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: 1748.54

MLS Schools

  • Middle School: Badger

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2023
Closed on
Nov 17, 2023
Sold by
Suleski Barbara and Suleski Irene Sutrick
Bought by
Levine Alexander
Seller's Agent
Melissa Bradley
Keller Williams Realty-Milwaukee North Shore
Buyer's Agent
Gundrum Group*
Realty Executives Integrity~Cedarburg
List Price
$175,000
Sold Price
$175,000
Views
255
Current Estimated Value
$235,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,742
Avg. Annual Appreciation
16.69%
Original Mortgage
$155,000
Outstanding Balance
$152,363
Interest Rate
7.63%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$83,379

Purchase Details

Closed on
Sep 10, 2019
Sold by
Brockhaus Karen
Bought by
Suleski Barbara and Suleski Irene Sutrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,200
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2011
Sold by
Rainbow Lake Homeowners Association Inc
Bought by
Department Of Transportation
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
Levine Alexander $175,000 --
Suleski Barbara $124,000 None Available
Department Of Transportation $6,700 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Levine Alexander $155,000
Previous Owner Suleski Barbara $99,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/17/2023 11/17/23 Sold $175,000 0.0% $117 / Sq Ft
10/08/2023 10/08/23 Pending -- -- --
10/08/2023 10/08/23 For Sale $175,000 -- $117 / 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 $1,871 $107,200 $10,000 $97,200
2018 $1,808 $107,200 $10,000 $97,200
2017 $1,797 $96,300 $10,000 $86,300
2016 $752 $41,700 $10,000 $31,700
2015 $747 $41,700 $10,000 $31,700
2014 $748 $41,700 $10,000 $31,700
2013 $809 $41,700 $10,000 $31,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1853390

Metro MLS

APN: 1119-013-1121