NOT LISTED FOR SALE

2407 Rainbow Ave Bloomington, IL 61704

Lakewood-Hillcrest Neighborhood

Estimated Value: $191,000 - $224,000

4 Beds
2 Baths
2,240 Sq Ft
$92/Sq Ft Est. Value

Last Sold May 17, 2021

Last sale price $154,500 $69 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,396/month

3 Days on Market

Highlights

  • Mature Trees
  • Lower Floor Utility Room
  • Attached Garage
  • Deck
  • Fenced Yard
  • Breakfast Bar

About This Home

As of May 2021

Tons of living space for an AMAZING price!!! Check out this 4 bedroom 1 1/2 bath bi-level home. The upper level features a great eat-in kitchen with all appliances staying (refrigerator, stove, microwave and dishwasher). It also includes a living room, 3 bedrooms and a full bath with an additional entry to the master bedroom. Go down to the lower level to enjoy the HUGE family room area, 4th bedroom, a newly remodeled 1/2 bath (2021), and a large storage area with the washer and dryer. Step out back and enjoy the fenced in yard, patio, and a new deck which was installed in 2020. The backyard is GREAT for entertaining!! Make sure to check out this AWESOME home!!!

Last Agent to Sell the Property

Tracy Patkunas

RE/MAX Rising License #475174181 Listed on: 03/23/2021

RE/MAX Rising

Last Buyer's Agent

Roxanne Hartrich

RE/MAX Choice License #475156237

RE/MAX Choice

Home Details

Home Type

  • Single Family

Year Built

  • 1978

Lot Details

  • Fenced Yard
  • Mature Trees

HOA Fees

  • $5 per month

Parking

  • Attached Garage
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Bathroom on Main Level
  • Lower Floor Utility Room

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

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

Home Details

Home Type

Single Family

Year Built

1978

Lot Details

6,534 Sq Ft Lot

HOA Fees

$5 per month

Parking

1

Listing Details

  • Property Type: Detached Single
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Total Sq Ft: 2240
  • Style Of House: B,AD
  • Type Detached: Split Level
  • Estimated Year Built: 1978
  • Total Sq Ft: 2240
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1978

Interior Features

  • Interior Property Features: 1st Floor Full Bath
  • Number Of Rooms: 7
  • Living Room: Dimensions: 12X16, On Level: Main Level, Flooring: Carpet, Windows: All
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Bedrooms All Levels: 4
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 13X16, On Level: Lower
  • Kitchen Type: Dimensions: 11X16, On Level: Main Level, Flooring: Vinyl, Windows: All
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Utility Room-Lower Level
  • Master Bedroom: Dimensions: 11X16, On Level: Main Level, Flooring: Carpet, Windows: All
  • Additional Room 2 Name: Utility Room-Lower Level, On Level: Lower
  • Bedroom 2: Dimensions: 11X13, On Level: Main Level, Flooring: Carpet, Windows: All
  • Bedroom 3: Dimensions: 10X10, On Level: Main Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 12X12, On Level: Lower, Flooring: Carpet
  • Estimated Sq Ft: 2240
  • Estimated Total Finished Sq Ft: 2240
  • Lower Level Sq Ft: 1120
  • Upper Level Sq Ft: 1120
  • Family Room: Dimensions: 20X25, On Level: Lower, Flooring: Carpet

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Exterior Property Features: Deck, Patio
  • Acreage: 0.152

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessed Sq Ft: 1103
  • Assessment Association Fees: 55

Schools

  • Junior High Dist: 87

Lot Info

  • Lot Dimensions: 55X125
  • Lot Description: Fenced Yard, Mature Trees
  • Parcel Identification Number: 1436151013
  • BNAR Zoning: R1C
  • Zero Lot Line: No

Tax Info

  • Taxes: 2773.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2021
Closed on
May 17, 2021
Sold by
Marlowe James L and Marlowe Megan
Bought by
Langer Eric Earl
Seller's Agent
Tracy Patkunas
RE/MAX Rising
Buyer's Agent
Roxanne Hartrich
RE/MAX Choice
List Price
$149,500
Sold Price
$154,500
Premium/Discount to List
$5,000
3.34%
Current Estimated Value
$205,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,777
Avg. Annual Appreciation
6.05%
Original Mortgage
$6,000
Outstanding Balance
$5,436
Interest Rate
2.95%
Mortgage Type
New Conventional
Estimated Equity
$199,841

Purchase Details

Closed on
Feb 19, 2013
Sold by
Marlowe James L and Marlowe Megan
Bought by
Marlowe James L and Kinney John G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,712
Interest Rate
4.3%

Purchase Details

Closed on
Aug 19, 2008
Sold by
Daugherty Nathan L and Daugherty Holly R
Bought by
Marlowe James Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,063
Interest Rate
6.66%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Langer Eric Earl $154,500 Alliance Land Title
Marlowe James L -- None Available
Marlowe James Lee $139,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Langer Eric Earl $6,000
Open Langer Eric Earl $149,865
Previous Owner Marlowe James L $129,712
Previous Owner Marlowe James Lee $137,063
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/17/2021 05/17/21 Sold $154,500 +3.3% $69 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
03/23/2021 03/23/21 For Sale $149,500 -- $67 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $3,741 $61,544 $12,118 $49,426
2022 $3,741 $50,016 $9,847 $40,169
2021 $3,479 $46,933 $9,240 $37,693
2020 $2,781 $38,813 $9,240 $29,573
2019 $2,773 $38,813 $9,240 $29,573
2018 $2,698 $38,052 $9,059 $28,993
2017 $2,698 $38,052 $9,059 $28,993
2016 $2,694 $38,052 $9,059 $28,993
2015 $2,724 $38,510 $9,168 $29,342
2014 $2,638 $38,510 $9,168 $29,342
2013 -- $38,510 $9,168 $29,342
Source: Public Records

Agents Affiliated with this Home

  • Tracy Patkunas

    Seller's Agent in 2021

    Tracy Patkunas

    RE/MAX

    (309) 275-5956

    9 in this area

    82 Total Sales

    Tracy Patkunas
    Section Image
  • Roxanne Hartrich

    Buyer's Agent in 2021

    Roxanne Hartrich

    RE/MAX

    (309) 532-1445

    25 in this area

    289 Total Sales

    Roxanne Hartrich
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11030395

Midwest Real Estate Data (MRED)

APN: 14-36-151-013

Illinois Mclean County Bloomington 61704 Lakewood-Hillcrest

2407 Rainbow Ave, Bloomington, IL

Not Listed for Sale

Detached

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Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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