NOT LISTED FOR SALE

2602 Rainbow Ave Unit 3 Bloomington, IL 61704

Lakewood-Hillcrest Neighborhood

Estimated Value: $180,000 - $197,000

2 Beds
2 Baths
1,252 Sq Ft
$180/mo HOA Fee

Last Sold August 11, 2020

Last sale price $124,000 $99 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,421/month

34 Days on Market

Highlights

  • Stainless Steel Appliances
  • Attached Garage
  • Property is near bus stop
  • Normal Community High School Rated A-
  • Breakfast Bar
  • Central Air

About This Home

As of August 2020

Great Location at Mill Creek Condos.... Close to Shopping, Grocery, Trail.... Brand New Paint, Including White Trim, New Carpet, Granite Tops, Stainless Appliances ! 2 Bedrooms, 2 Full Baths, Gas Fireplace, Oversize 2 Car Garage..... Full Screened Deck that goes all the way across the width of the Unit !! Maintenance Free Living !

Last Agent to Sell the Property

Thomas Krieger

RE/MAX Choice License #475132448 Listed on: 06/03/2020

RE/MAX Choice

Last Buyer's Agent

Cindy Eckols

RE/MAX Choice License #475130274

Property Details

Home Type

  • Condominium

Year Built

  • 1992

Lot Details

  • 6,360

HOA Fees

  • $180 per month

Parking

  • Attached Garage
  • Parking Included in Price

Home Design

  • Vinyl Siding

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Primary Bathroom is a Full Bathroom
  • Property is near bus stop

Community Details

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

1992

Lot Details

6,360 Sq Ft Lot

HOA Fees

$180 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service, Commuter Bus
  • Unit Floor Level: 2
  • Age: 26-30 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Estimated Year Built: 1992
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1992

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 19X19, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, All Stainless Steel Kitchen Appliances
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 10X10, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 21X10, On Level: Main Level
  • Kitchen Type: Eating Area-Breakfast Bar
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 16X12, On Level: Main Level
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level
  • Estimated Sq Ft: 1252
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes

Utilities

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

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Includes: Exterior Maintenance, Lawn Care, Snow Removal
  • Assessed Sq Ft: 1252
  • Assessment Association Fees: 180
  • Management Phone: 000-000-0000

Schools

  • Junior High Dist: 5

Lot Info

  • Lot Dimensions: COMMON
  • Parcel Identification Number: 1436127003
  • BNAR Zoning: R3A
  • Zero Lot Line: No

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 1

Tax Info

  • Taxes: 2968.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Aug 11, 2020
Sold by
Sparks Diane
Bought by
Collins Edward D and Collins Deborah S
Seller's Agent
Thomas Krieger
RE/MAX Choice
Buyer's Agent
Cindy Eckols
RE/MAX Choice
List Price
$129,900
Sold Price
$124,000
Premium/Discount to List
-$5,900
-4.54%
Current Estimated Value
$188,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,271
Avg. Annual Appreciation
7.86%
Original Mortgage
$99,200
Outstanding Balance
$88,794
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$99,477
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Collins Edward D $124,000 Alliance Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Edward D $99,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2020 08/11/20 Sold $124,000 -2.0% $99 / Sq Ft
07/07/2020 07/07/20 Pending -- -- --
06/24/2020 06/24/20 Price Changed $126,500 -2.6% $101 / Sq Ft
06/03/2020 06/03/20 For Sale $129,900 -- $104 / 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 $3,257 $56,409 $10,259 $46,150
2022 $3,257 $42,862 $7,795 $35,067
2021 $3,064 $40,270 $7,324 $32,946
2020 $3,068 $40,270 $7,324 $32,946
2019 $2,968 $40,270 $7,324 $32,946
2018 $2,834 $38,754 $7,048 $31,706
2017 $2,656 $37,994 $6,910 $31,084
2016 $2,649 $37,994 $6,910 $31,084
2015 $2,750 $39,209 $7,131 $32,078
2014 $2,719 $39,209 $7,131 $32,078
2013 -- $39,209 $7,131 $32,078
Source: Public Records

Agents Affiliated with this Home

  • Thomas Krieger

    Seller's Agent in 2020

    Thomas Krieger

    RE/MAX

    (309) 275-0659

    2 in this area

    52 Total Sales

    Thomas Krieger
    Section Image
  • Cindy Eckols

    Buyer's Agent in 2020

    Cindy Eckols

    RE/MAX

    (309) 532-1616

    33 in this area

    871 Total Sales

    Cindy Eckols
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10734528

Midwest Real Estate Data (MRED)

APN: 14-36-127-003

Illinois Mclean County Bloomington 61704 Lakewood-Hillcrest

2602 Rainbow Ave Unit 3, Bloomington, IL

Not Listed for Sale

Condos

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.
Based on information submitted to the MLS GRID

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