NOT LISTED FOR SALE

2318 Rainbow Ave Unit B Bloomington, IL 61704

Estimated Value: $151,000 - $167,000

3 Beds
2 Baths
1,200 Sq Ft
$134/Sq Ft Est. Value

Last Sold July 17, 2014

Last sale price $93,500 $78 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $1,142/month

40 Days on Market

Highlights

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

About This Home

As of July 2014

Adorable 3 Bedroom condo, near Country Financial Headquarters, and a desirable eastside location has a covered deck that walks out to the large courtyard/common area for the association. Enjoy an attached garage, nice sized eat-in kitchen, family room with fireplace, spacious bedrooms including a mstr with a walk-in closet, and a nicely finished basement. All kitchen appliances remain.

Last Agent to Sell the Property

Mark Bowers

BHHS Central Illinois, REALTORS License #471003510 Listed on: 04/22/2014

BHHS Central Illinois, REALTORS

Last Buyer's Agent

Kacie Rodriguez-Hall

Coldwell Banker Real Estate Group License #475127893

Coldwell Banker Real Estate Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,588

Year Built

  • 1980

Lot Details

  • Landscaped Professionally

HOA Fees

  • $75 per month

Parking

  • Attached Garage
  • Garage Door Opener

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
  • Microwave
  • Dishwasher

Outdoor Features

  • Deck
  • Porch

Utilities

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

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,588

Year Built

1980

Lot Details

0

HOA Fees

$75 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Age: 31-40 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Total Full or Half Bathrooms: 1.1
  • 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: Hardwood
  • Appliances: Dishwasher, Refrigerator, Oven/Range, Microwave
  • Equipment: Ceiling Fan
  • Fireplace Details: Wood Burning
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 9X18, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space
  • 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: Hardwood
  • Estimated Sq Ft: 1200
  • Estimated Total Finished Sq Ft: 1515
  • Basement Sq Ft: 528
  • Basement Finished Sq Ft: 315
  • Main Level Sq Ft: 528
  • Upper Level Sq Ft: 672
  • Family Room: Dimensions: 12X20, 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: 75

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: 1436103014
  • BNAR Zoning: R3B

Multi Family

  • Number Stories: 2

Tax Info

  • Taxes: 2180.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2014
Closed on
Jul 17, 2014
Sold by
Gilsson Christina and Gilsson Wade
Bought by
Martinez Justin
Seller's Agent
Mark Bowers
BHHS Central Illinois, REALTORS
Buyer's Agent
Kacie Rodriguez-Hall
Coldwell Banker Real Estate Group
List Price
$99,900
Sold Price
$93,500
Premium/Discount to List
-$6,400
-6.41%
Current Estimated Value
$160,451

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,951
Avg. Annual Appreciation
4.92%
Original Mortgage
$7,500
Outstanding Balance
$5,719
Interest Rate
4.19%
Mortgage Type
Stand Alone Second
Estimated Equity
$154,732

Purchase Details

Closed on
Jul 25, 2008
Sold by
Phillips John W and Davis Samantha
Bought by
Hubbard Christina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,800
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2007
Sold by
Moss Michael and Moss Marissa
Bought by
Phillips John W and Davis Samantha
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
Martinez Justin $93,500 Frontier Title Co
Hubbard Christina $108,500 None Available
Phillips John W $106,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Justin $7,500
Previous Owner Hubbard Christina $86,800
Closed Phillips John W $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2014 07/17/14 Sold $93,500 -6.4% $78 / Sq Ft
06/01/2014 06/01/14 Pending -- -- --
04/22/2014 04/22/14 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 -- $33,350 $4,462 $28,888
2013 -- $33,350 $4,462 $28,888
Source: Public Records

Agents Affiliated with this Home

  • Mark Bowers

    Seller's Agent in 2014

    Mark Bowers

    BHHS Central Illinois, REALTORS

    (309) 824-9016

    393 Total Sales

    Mark Bowers
    Section Image
  • Kacie Rodriguez-Hall

    Buyer's Agent in 2014

    Kacie Rodriguez-Hall

    Coldwell Banker Real Estate Group

    (309) 826-0980

    23 Total Sales

    Kacie Rodriguez-Hall
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10180038

Midwest Real Estate Data (MRED)

APN: 14-36-103-014

Illinois Mclean County Bloomington 61704

2318 Rainbow Ave Unit B, Bloomington, IL

This home is located at 2318 Rainbow Ave Unit B, Bloomington, IL 61704 since 22 April 2014 and is currently estimated at $160,451, approximately $133 per square foot. This property was built in 1980. 2318 Rainbow Ave Unit B is a home located in McLean County with nearby schools including Stevenson Elementary School, Bloomington Junior High School, and Bloomington High School.

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