NOT LISTED FOR SALE

2505 Rainbow Ave Bloomington, IL 61704

Estimated Value: $259,000 - $285,000

4 Beds
3 Baths
1,870 Sq Ft
$148/Sq Ft Est. Value

Last Sold October 05, 2012

Last sale price $168,500 $90 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $1,930/month

57 Days on Market

Highlights

  • Landscaped Professionally
  • Mature Trees
  • Traditional Architecture
  • Normal Community High School Rated A-
  • Vaulted Ceiling
  • Walk-In Pantry

About This Home

As of October 2012

Great location close to park, shopping, and Constitution Trail! Recent updates in the bathrooms and newer flooring throughout. Kitchen features tiled backsplash, stainless steel appliances, and new cabinetry. Large family room with fireplace. Finished LL family room and a finished storage room in the upper level. Fenced back yard. Furnace and AC new in 2010. Newer roof.

Last Agent to Sell the Property

Ed Larsen

Coldwell Banker Real Estate Group License #471007349 Listed on: 07/06/2012

Coldwell Banker Real Estate Group

Last Buyer's Agent

Roger Massey

Coldwell Banker Real Estate Group License #475128291

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,081

Year Built

  • 1988

Lot Details

  • Fenced Yard
  • Landscaped Professionally
  • Mature Trees

Parking

  • Attached Garage
  • Garage Door Opener

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Skylights
  • Wood Burning Fireplace
  • Attached Fireplace Door
  • Family Room Downstairs
  • Partially Finished Basement
  • Partial Basement

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Outdoor Features

  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,081

Year Built

1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Age: 21-25 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Total Full or Half Bathrooms: 2.1
  • Total Sq Ft: 1870
  • Style Of House: Traditional
  • Type Detached: 2 Stories
  • Estimated Year Built: 1988
  • Total Sq Ft: 2880
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1988

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Skylight(s), Walk-In Closet(s)
  • Number Of Rooms: 9
  • Living Room: Dimensions: 13X18, On Level: Main Level, Flooring: Wood Laminate
  • Appliances: Dishwasher, Oven/Range
  • Equipment: Ceiling Fan
  • Fireplace Details: Wood Burning, Attached Fireplace Doors/Screen
  • Basement: Partial
  • Basement: Partially Finished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Kitchen Type: Dimensions: 20X22, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Family Room - Down
  • Master Bedroom: Dimensions: 14X14, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 1 Name: Other, Dimensions: 7X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: Family Room - Down, Dimensions: 14X20, On Level: Basement, Flooring: Carpet
  • Bedroom 2: Dimensions: 10X14, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 9X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 13X14, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1870
  • Estimated Total Finished Sq Ft: 2225
  • Basement Sq Ft: 1010
  • Basement Finished Sq Ft: 355
  • Main Level Sq Ft: 1120
  • Upper Level Sq Ft: 750
  • Family Room: Dimensions: 13X20, On Level: Main Level, Flooring: Carpet

Exterior Features

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

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Number Garage Spaces: 2

Utilities

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

Schools

  • School District: 5
  • Elementary School: COLENE HOOSE ELEMENTARY
  • Middle School: CHIDDIX JR HIGH
  • High School: NORMAL COMMUNITY HIGH SCHOOL
  • Junior High Dist: 5

Lot Info

  • Lot Dimensions: 80X116
  • Lot Description: Fenced Yard, Mature Trees, Landscaped Professionally
  • Parcel Identification Number: 421436177002
  • BNAR Zoning: R1C

Tax Info

  • Taxes: 3972.34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2012
Closed on
Oct 5, 2012
Sold by
Anderson James D and Anderson Julie
Bought by
Heffernan Blake M and Maple Chelsea E
Seller's Agent
Ed Larsen
Coldwell Banker Real Estate Group
Buyer's Agent
Roger Massey
Coldwell Banker Real Estate Group
List Price
$180,000
Sold Price
$168,500
Premium/Discount to List
-$11,500
-6.39%
Current Estimated Value
$276,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$107,959
Avg. Annual Appreciation
3.70%
Original Mortgage
$160,075
Outstanding Balance
$112,520
Interest Rate
3.53%
Estimated Equity
$156,449
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Heffernan Blake M $168,500 Mclean County Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heffernan Blake M $160,075
Previous Owner Anderson James D $122,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2012 10/05/12 Sold $168,500 -6.4% $90 / Sq Ft
09/01/2012 09/01/12 Pending -- -- --
07/06/2012 07/06/12 For Sale $180,000 -- $96 / 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 $5,081 $80,218 $17,571 $62,647
2022 $5,081 $63,508 $13,911 $49,597
2021 $4,833 $60,054 $13,154 $46,900
2020 $4,734 $58,876 $12,896 $45,980
2019 $4,580 $58,876 $12,896 $45,980
2018 $4,575 $58,876 $12,896 $45,980
2017 $4,313 $57,949 $12,693 $45,256
2016 $4,301 $57,949 $12,693 $45,256
2015 $4,132 $55,898 $12,244 $43,654
2014 $4,008 $54,950 $12,244 $42,706
2013 -- $53,873 $12,004 $41,869
Source: Public Records

Agents Affiliated with this Home

  • Ed Larsen

    Seller's Agent in 2012

    Ed Larsen

    Coldwell Banker Real Estate Group

    (309) 275-3545

    109 Total Sales

    Section Image
  • Roger Massey

    Buyer's Agent in 2012

    Roger Massey

    Coldwell Banker Real Estate Group

    (309) 533-5300

    115 Total Sales

    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10230089

Midwest Real Estate Data (MRED)

APN: 14-36-177-002

Illinois Mclean County Bloomington 61704

2505 Rainbow Ave, Bloomington, IL

This home is located at 2505 Rainbow Ave, Bloomington, IL 61704 since 06 July 2012 and is currently estimated at $276,459, approximately $147 per square foot. This property was built in 1988. 2505 Rainbow Ave is a home located in McLean County with nearby schools including Colene Hoose Elementary School, Chiddix Junior High School, and Normal Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes