NOT LISTED FOR SALE

2318 Rainbow Ave Unit A Bloomington, IL 61704

Estimated Value: $156,000 - $172,000

3 Beds
3 Baths
1,200 Sq Ft
$136/Sq Ft Est. Value

Last Sold December 21, 2016

Last sale price $86,000 $72 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,184/month

201 Days on Market

Highlights

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

About This Home

As of December 2016

Wow a must see! East side close to Country Financial. Adorable with so many updates, 3 floors of living space. Master is large enough for a king bed with walk in closets! 2.5 baths with full bath in finished basement. Wood burning fireplace, and eat in kitchen. Updated baths and kitchen has newer dark bamboo like laminate flooring and newer appliances. Trane central air with air filter and furnace 2014, all windows replaced 2nd floor Pella windows, Pella front door & storm, sump pump 2015. Investors welcome.

Last Agent to Sell the Property

Janet Jurich

RE/MAX Rising License #475119405 Listed on: 04/18/2016

RE/MAX Rising

Last Buyer's Agent

Tim Nord

eXp Realty License #475143079

eXp Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,588

Year Built

  • 1980

Lot Details

  • Landscaped Professionally

HOA Fees

  • $100 per month

Parking

  • Attached Garage
  • Garage Door Opener

Home Design

  • Vinyl Siding

Interior Spaces

  • Walk-In Closet
  • Wood Burning Fireplace
  • Entrance Foyer

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Deck
  • Porch

Utilities

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

Listing and Financial Details

  • $1,000 Seller Concession

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,588

Year Built

1980

Lot Details

0

HOA Fees

$100 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Age: 31-40 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Total Full or Half Bathrooms: 2.1
  • Total Sq Ft: 1200
  • Estimated Year Built: 1980
  • Type Attached: Townhouse-2 Story
  • Total Sq Ft: 1728
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built: 1980

Interior Features

  • Interior Property Features: Walk-In Closet(s)
  • Number Of Rooms: 6
  • Living Room: Dimensions: 12X21, On Level: Main Level, Flooring: Carpet
  • Appliances: Dishwasher, Refrigerator, Oven/Range
  • Equipment: Ceiling Fan
  • Fireplace Details: Wood Burning
  • Basement: Full
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 9X18, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Foyer
  • Master Bedroom: Dimensions: 11X16, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 10X12, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 9X12, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1200
  • Estimated Total Finished Sq Ft: 1623
  • Basement Sq Ft: 528
  • Basement Finished Sq Ft: 423
  • Main Level Sq Ft: 528
  • Upper Level Sq Ft: 672
  • Family Room: Dimensions: 13X21, On Level: Basement, Flooring: Carpet

Exterior Features

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

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Number Garage Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Assessment Association Fees: 100

Schools

  • School District: 87
  • Elementary School: ADLAI STEVENSON ELEMENTARY
  • Middle School: BLOOMINGTON JR HIGH
  • High School: BLOOMINGTON HIGH SCHOOL
  • Junior High Dist: 87

Lot Info

  • Lot Dimensions: CONDO
  • Lot Description: Landscaped Professionally
  • Parcel Identification Number: 1436103013
  • BNAR Zoning: R3B

Multi Family

  • Number Stories: 2

Tax Info

  • Taxes: 2292.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2016
Closed on
Dec 21, 2016
Sold by
Garman Jason and Garman Katelynn
Bought by
Tutt Jody
Seller's Agent
Janet Jurich
RE/MAX Rising
Buyer's Agent
Tim Nord
eXp Realty
List Price
$99,900
Sold Price
$86,000
Premium/Discount to List
-$13,900
-13.91%
Current Estimated Value
$163,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,602
Avg. Annual Appreciation
7.55%
Original Mortgage
$68,800
Outstanding Balance
$56,411
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$107,191

Purchase Details

Closed on
Jan 25, 2010
Sold by
Lerman Dianne
Bought by
Garman Jason and Garman Katelynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,200
Interest Rate
5.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2005
Sold by
Brumfield Jeffrey and Brumfield Yolanda J
Bought by
Lerman Dianne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,650
Interest Rate
5.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tutt Jody $86,000 Frontier Title Co
Garman Jason $104,000 Frontier Title Co
Lerman Dianne $98,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tutt Jody $68,800
Previous Owner Garman Jason $83,200
Previous Owner Lerman Dianne $73,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2016 12/21/16 Sold $86,000 -13.9% $72 / Sq Ft
11/05/2016 11/05/16 Pending -- -- --
04/18/2016 04/18/16 For Sale $99,900 -- $83 / 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 $2,395 $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: MRD10193686

Midwest Real Estate Data (MRED)

APN: 14-36-103-013