NOT LISTED FOR SALE

22633 Rainbow Bridge Rd Lexington, IL 61753

Estimated Value: $86,000 - $102,256

2 Beds
1 Bath
792 Sq Ft
$119/Sq Ft Est. Value

Last Sold July 02, 2024

Last sale price $85,000 $107 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $595/month

7 Days on Market

Highlights

  • Open Floorplan
  • Mature Trees
  • Bathroom on Main Level
  • Lexington Elementary School Rated 9+
  • Ranch Style House
  • Partially Carpeted

About This Home

As of July 2024

Enjoy the peaceful setting at this two bedroom, one bath ranch out in the country within minutes of Bloomington-Normal. Wonderful 1 acre corner lot, so plenty of room to grow! Open floor concept with nice size rooms. Home has a private well and septic. Great storage shed for lawn equipment and other items. Invoices in associated docs for updates. Well pump house which could also double as a storm shelter. Driveway excavated in the last year for easy access. The home is being sold "As Is". Please be VERY careful and do not let the cats out!

Last Agent to Sell the Property

Kami Anderson

RE/MAX Rising License #475140546 Listed on: 05/22/2024

RE/MAX Rising

Last Buyer's Agent

Amanda Kinsella

BHHS Central Illinois, REALTORS License #475128194

BHHS Central Illinois, REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,033

Year Built

  • Built in 1976

Lot Details

  • 1.04 Acre Lot
  • Paved or Partially Paved Lot
  • Mature Trees

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 792 Sq Ft Home
  • Open Floorplan
  • Partially Carpeted

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Electric Dryer Hookup

Parking

  • 6 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Schools

  • Lexington Elementary School
  • Lexington Jr High Middle School
  • Lexington High School

Utilities

  • No Cooling
  • Heating System Uses Propane
  • Well
  • Private or Community Septic Tank

Listing and Financial Details

  • Homeowner Tax Exemptions
  • Other Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,033

Year Built

Built in 1976

Lot Details

0

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
  • Subdivision Name: Not Applicable
  • Year Built: 1976
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Open Floorplan, Some Carpeting
  • LivingArea: 792
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 792
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 792
  • Total Sq Ft: 792
  • Main Level Sq Ft: 792
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 89900
  • Lot Features: Mature Trees
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Septic-Private
  • Cooling: None
  • Heating: Propane
  • Laundry Features: Electric Dryer Hookup
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Lexington Elementary
  • High School: Lexington High School
  • Middle/Junior School: Lexington Jr High
  • Middle/Junior School District: 7

Lot Info

  • Lot Size Acres: 1.04
  • Lot Dimensions: 1.04
  • Rural (Y/N): Y
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: U
  • Zero Lot Line: No

Rental Info

  • Board Number: 23

Tax Info

  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Disabled Vet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2024
Closed on
Jun 27, 2024
Sold by
Johnson Ryan James
Bought by
Bratcher Justin and Kaufman-Bratcher Tonya
Seller's Agent
Kami Anderson
RE/MAX Rising
Buyer's Agent
Amanda Kinsella
BHHS Central Illinois, REALTORS
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%
Views
21
Current Estimated Value
$94,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,064
Avg. Annual Appreciation
3.42%
Original Mortgage
$72,250
Outstanding Balance
$71,768
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$16,676

Purchase Details

Listed on
Dec 11, 2021
Closed on
Mar 21, 2022
Sold by
Holt Mary E
Bought by
Johnson Ryan James
Seller's Agent
Caroline Bird
Coldwell Banker Real Estate Group
Buyer's Agent
Kami Anderson
RE/MAX Rising
List Price
$94,900
Sold Price
$67,000
Premium/Discount to List
-$27,900
-29.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.00%
Original Mortgage
$67,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2014
Sold by
Butler Ruby
Bought by
Holt Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,750
Interest Rate
4.5%
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
Bratcher Justin $85,000 Alliance Land Title
Johnson Ryan James $67,000 None Listed On Document
Holt Mary $45,000 Mclean County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bratcher Justin $72,250
Previous Owner Johnson Ryan James $67,000
Previous Owner Holt Mary $42,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2024 07/02/24 Sold $85,000 -5.5% $107 / Sq Ft
05/30/2024 05/30/24 Pending -- -- --
05/22/2024 05/22/24 For Sale $89,900 +34.2% $114 / Sq Ft
03/21/2022 03/21/22 Sold $67,000 -29.4% $85 / Sq Ft
01/23/2022 01/23/22 Pending -- -- --
12/11/2021 12/11/21 For Sale $94,900 -- $120 / 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 $1,033 $27,149 $11,228 $15,921
2022 $1,033 $23,143 $9,571 $13,572
2021 $941 $22,391 $9,260 $13,131
2020 $945 $22,077 $9,130 $12,947
2019 $980 $22,488 $9,300 $13,188
2018 $1,260 $26,720 $9,396 $17,324
2017 $1,260 $26,532 $9,330 $17,202
2016 $1,268 $25,240 $8,876 $16,364
2015 $1,084 $25,042 $8,806 $16,236
2014 $69 $25,042 $8,806 $16,236
2013 -- $25,042 $8,806 $16,236
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12062011

Midwest Real Estate Data (MRED)

APN: 09-21-282-001