NOT LISTED FOR SALE

2316 Rainbow Ave Unit B Bloomington, IL 61704

Estimated Value: $160,560 - $174,000

3 Beds
2 Baths
1,198 Sq Ft
$138/Sq Ft Est. Value

Last Sold September 01, 2020

Last sale price $118,500 $99 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,195/month

36 Days on Market

Highlights

  • Landscaped Professionally
  • Deck
  • Walk-In Closet
  • Mature Trees
  • Attached Garage
  • Breakfast Bar

About This Home

As of September 2020

Updated 3 Bedroom 1.5 bath condo with fresh interior paint , new carpet and new appliances . Family room in basement has wood burning fireplace , deck off kitchen and 1 car attached garage . This is a Fannie Mae HomePath property!

Last Agent to Sell the Property

Alan Birlingmair

BHHS Central Illinois, REALTORS License #475132457 Listed on: 06/28/2020

BHHS Central Illinois, REALTORS

Last Buyer's Agent

Tracy Lockenour

HomeSmart Realty Group Illinois License #475173524

HomeSmart Realty Group Illinois

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,588

Year Built | Renovated

  • 1980 | 2020

Lot Details

  • Landscaped Professionally
  • Mature Trees

HOA Fees

  • $100 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • Walk-In Closet
  • Wood Burning Fireplace
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Pets Allowed

Listing and Financial Details

  • $3,555 Seller Concession

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,588

Year Built | Renovated

1980 | 2020

Lot Details

0

HOA Fees

$100 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Recent Rehab: Yes
  • Unit Floor Level: 1
  • Age: 31-40 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple w/ HO Assn.
  • Rehab Year: 2020
  • Total Full or Half Bathrooms: 1.1
  • Total Sq Ft: 1198
  • Unfinished Basement Sq Ft: 105
  • Estimated Year Built: 1980
  • Type Attached: Townhouse-2 Story
  • Total Sq Ft: 1726
  • Special Features: 20
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 1980
  • Year Renovated: 2020

Interior Features

  • Interior Property Features: Walk-In Closet(s)
  • Number Of Rooms: 6
  • Living Room: Dimensions: 12X21, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Dishwasher
  • Fireplace Details: Wood Burning
  • Fireplace Location: Basement
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 10X18, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 10X10, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X16, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 9X13, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1198
  • Estimated Total Finished Sq Ft: 1621
  • Basement Sq Ft: 528
  • Basement Finished Sq Ft: 423
  • Main Level Sq Ft: 528
  • Upper Level Sq Ft: 670
  • Family Room: Dimensions: 14X15, On Level: Basement, Flooring: Carpet

Exterior Features

  • Exterior Building Type: Vinyl Siding
  • Exterior Property Features: Deck, Patio

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 200
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Dogs OK
  • Assessment Includes: Lawn Care, Snow Removal
  • Special Assessments: U
  • Assessed Sq Ft: 1200
  • Assessment Association Fees: 100
  • Management Contact Name: Lori Doage
  • Management Phone: 309-824-3763

Fee Information

  • Management Company: Lakewood Condo Association

Schools

  • School District: 87
  • Elementary School: Stevenson Elementary
  • Middle School: Bloomington Jr High School
  • High School: Bloomington High School
  • Junior High Dist: 87

Lot Info

  • Lot Description: Mature Trees, Landscaped Professionally
  • Parcel Identification Number: 1436103012
  • BNAR Zoning: R1C
  • Zero Lot Line: No

Multi Family

  • Total Number Unitsin Building: 1
  • Number Stories: 2

Tax Info

  • Taxes: 2387.46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2020
Closed on
Aug 26, 2020
Sold by
Fannie Mae
Bought by
Ahmad Jennifer N
Seller's Agent
Alan Birlingmair
BHHS Central Illinois, REALTORS
Buyer's Agent
Tracy Lockenour
HomeSmart Realty Group Illinois
List Price
$122,000
Sold Price
$118,500
Premium/Discount to List
-$3,500
-2.87%
Current Estimated Value
$165,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,140
Avg. Annual Appreciation
6.75%
Original Mortgage
$112,575
Outstanding Balance
$100,537
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$65,103

Purchase Details

Closed on
Jan 6, 2020
Sold by
Cseve Stefannie and Cseve Stephen
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 13, 2015
Sold by
King David W and King Rebecca L
Bought by
Cseve Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,000
Interest Rate
3.72%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 6, 2010
Sold by
King David W
Bought by
King David W and King Rebecca L

Purchase Details

Closed on
Jan 27, 2005
Sold by
Casperson Paul
Bought by
King David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,700
Interest Rate
5.18%
Mortgage Type
Stand Alone Second
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
Ahmad Jennifer N $118,500 Ftc
Federal National Mortgage Association -- Attorney
Cseve Mary $93,500 Mclean County Title
King David W -- None Available
King David W $93,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmad Jennifer N $112,575
Previous Owner Cseve Mary $6,000
Previous Owner King David W $18,700
Previous Owner King David W $74,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2020 09/01/20 Sold $118,500 -0.4% $99 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
07/28/2020 07/28/20 Price Changed $119,000 -2.5% $99 / Sq Ft
06/28/2020 06/28/20 For Sale $122,000 -- $102 / 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 $2,588 $47,975 $6,418 $41,557
2022 $2,588 $36,454 $4,877 $31,577
2021 $2,401 $34,250 $4,582 $29,668
2020 $2,903 $34,250 $4,582 $29,668
2019 $2,387 $34,250 $4,582 $29,668
2018 $2,269 $32,962 $4,410 $28,552
2017 $2,216 $32,316 $4,324 $27,992
2016 $2,212 $32,316 $4,324 $27,992
2015 $2,292 $33,350 $4,462 $28,888
2014 $2,219 $33,350 $4,462 $28,888
2013 -- $33,350 $4,462 $28,888
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10763146

Midwest Real Estate Data (MRED)

APN: 14-36-103-012