2301 Rainbow View Urbana, IL 61802
East Urbana NeighborhoodEstimated payment $732/month
Highlights
- 1 Car Attached Garage
- Living Room
- Shed
- Patio
- Laundry Room
- 5-minute walk to Prairie Park
About This Home
Welcome home to this well-maintained 3-bedroom, 1.5-bath ranch offering comfort, convenience, and great functionality! The thoughtfully placed half bath sits perfectly between one of the bedrooms and the kitchen, ideal for everyday use. The spacious kitchen provides plenty of room for a dining table, making it a great spot for gatherings, meals, and everyday living. Step outside to enjoy the private backyard, complete with a garden shed for extra storage. Major updates have already been taken care of, including a new HVAC system in 2019 and a brand-new roof in 2025. This home is a fantastic opportunity and is being offered in "AS-IS" condition.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $887
Year Built
- Built in 1965
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 66x110
Parking
- 1 Car Attached Garage
- Parking Available
Home Design
- Asphalt Roof
- Vinyl Siding
- Concrete Perimeter Foundation
Interior Spaces
- 960 Sq Ft Home
- 1-Story Property
- Family Room
- Living Room
- Dining Room
- Carpet
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Patio
- Shed
Schools
- Dr. Preston L. Williams Jr. Elementary School
- Urbana Middle School
- Urbana High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 100 Amp Service
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
Map
Home Values in the Area
Average Home Value in this Area
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 | $915 | $31,890 | $13,240 | $18,650 |
| 2023 | $915 | $29,100 | $12,080 | $17,020 |
| 2022 | $931 | $26,790 | $11,120 | $15,670 |
| 2021 | $928 | $24,960 | $10,360 | $14,600 |
| 2020 | $925 | $22,860 | $9,490 | $13,370 |
| 2019 | $899 | $22,860 | $9,490 | $13,370 |
| 2018 | $888 | $23,020 | $9,560 | $13,460 |
| 2017 | $1,232 | $22,530 | $9,360 | $13,170 |
| 2016 | $914 | $23,710 | $9,850 | $13,860 |
| 2015 | $924 | $23,710 | $9,850 | $13,860 |
| 2014 | $912 | $24,960 | $10,370 | $14,590 |
| 2013 | $900 | $26,280 | $10,920 | $15,360 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/24/2026 04/24/26 | Pending | -- | -- | -- |
| 04/22/2026 04/22/26 | For Sale | $125,000 | 0.0% | $130 / Sq Ft |
| 04/10/2026 04/10/26 | Off Market | $125,000 | -- | -- |
| 04/09/2026 04/09/26 | Off Market | $125,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12608725
APN: 91-21-15-305-014
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Ask me questions while you tour the home.