$140,000
SOLD FEB 24, 2016

12 Rainbow Rd Unit 1 Springfield, IL 62712

4 Beds
2 Baths
1,976 Sq Ft
1970 Built

Recently Sold

$71 Per Sq Ft

10% Below List Price

75 Days on Market

Highlights

  • Deck
  • Fenced Yard
  • Ceiling Fan
  • Rochester High School Rated A-

About This Home

As of April 2023

Rochester School District! Come see this affordable 4 bed/2 bath bi-level home located near the lake and walking distance to Lincoln Memorial Gardens! Large fenced backyard for the family and pets to enjoy. Aeration Septic System 2010.

Last Agent to Sell the Property

Mike Buscher

The Real Estate Group, Inc. License #471000541 Listed on: 10/30/2015

The Real Estate Group, Inc.

Last Buyer's Agent

KATHY GARST

The Real Estate Group, Inc. License #475121251

The Real Estate Group, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,211

Year Built

  • Built in 1970

Interior Spaces

  • 2 Full Bathrooms
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Parking

  • Garage
  • Garage Door Opener

Additional Features

  • Deck
  • Fenced Yard
  • Septic System

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,211

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Bi-Level/Side-Split
  • Unit Style: 1-Level
  • Legal Description: SUNSET ACRES ADDN L29
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Range/Oven
  • Interior Amenities: Garage Door Opener(s), Ceiling Fan
  • Total Bathrooms: 2
  • Total Full Baths: 2
  • Bedrooms: 4
  • Master Bedroom: Dimensions: 12.4x9.1, On Level: Upper, Flooring: Carpet
  • Basement Foundation: Concrete
  • Bedroom 2: Dimensions: 8.3x9.1, On Level: Upper, Flooring: Carpet
  • Bedroom 3: Dimensions: 9.9x8.9, On Level: Upper, Flooring: Hardwood
  • Bedroom 4: Dimensions: 11.8x9.1, On Level: Lower, Flooring: Carpet
  • Family Room: Dimensions: 17x25.2, On Level: Lower, Flooring: Carpet
  • Kitchen: Dimensions: 18.7x11, On Level: Upper, Flooring: Hardwood
  • Kitchen Dining: Eat-In Kitchen
  • Laundry: On Level: Basement
  • Living Room: Dimensions: 12.1x13.5, On Level: Upper, Flooring: Carpet
  • Basement Finished Sq Ft: 988
  • Total Basement Sq Ft: 988
  • Additional Room 1: Dimensions: 15.3x11.6, On Level: Lower
  • Price Per Sq Ft: 141.7
  • Finished Sq Ft: 1976
  • Total Sq Ft: 988
  • Finished Main Level Sq Ft: 988

Exterior Features

  • Exterior: Vinyl Siding
  • Exterior Amenities: Deck, Fenced Yard

Garage/Parking

  • Garage Parking: Attached
  • Number Cars: 2

Utilities

  • Heating Cooling: Gas, Forced Air, Central Air
  • Water Sewer: Public Water, Septic System
  • Utility Companies: Cwlp

Schools

  • High School: Rochester District #3A

Lot Info

  • Estimated Lot Size: 100 x 142
  • Geo Subdivision: IL

Tax Info

  • Annual Taxes: 3211
  • Parcel Id Number Tax Id: 23310354003
  • Tax Exemptions: Homestead/Owner Occupied
  • Tax Year: 2014

MLS Schools

  • High School School District: Rochester District #3A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2023
Closed on
Apr 13, 2023
Sold by
Pelser Nicole Lynn and Pelser Martin J
Bought by
Henderson Evan B and Henderson Christina M
Seller's Agent
FSBO FSBO
CAR
Buyer's Agent
KATHY GARST
The Real Estate Group, Inc.
List Price
$248,000
Sold Price
$248,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.23%
Original Mortgage
$198,400
Outstanding Balance
$178,571
Interest Rate
5.89%
Mortgage Type
Credit Line Revolving
Estimated Equity
$82,200

Purchase Details

Listed on
Jul 29, 2022
Closed on
Sep 1, 2022
Sold by
Patrick Cartwright Jonathan and Lynn Janie
Bought by
Pelser Nicole Lynn and Pelser Martin J
Seller's Agent
ASHLEY COKER
The Real Estate Group, Inc.
Buyer's Agent
Debra Sarsany
The Real Estate Group, Inc.
List Price
$139,900
Sold Price
$133,000
Premium/Discount to List
-$6,900
-4.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
182.49%
Original Mortgage
$106,400
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 30, 2015
Closed on
Feb 24, 2016
Seller's Agent
Mike Buscher
The Real Estate Group, Inc.
Buyer's Agent
KATHY GARST
The Real Estate Group, Inc.
List Price
$155,000
Sold Price
$140,000
Premium/Discount to List
-$15,000
-9.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.78%

Purchase Details

Closed on
May 7, 2010

Purchase Details

Closed on
Jan 19, 2005

Purchase Details

Closed on
May 25, 2000

Purchase Details

Closed on
Feb 18, 2000

Purchase Details

Closed on
Nov 30, 1999

Purchase Details

Closed on
Feb 23, 1999

Purchase Details

Closed on
May 19, 1997
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $248,000 None Listed On Document
Warranty Deed $133,000 None Listed On Document
Deed $140,000 --
Deed $150,000 --
Deed -- --
Deed $83,000 --
Deed -- --
Deed $84,900 --
Deed -- --
Deed $122,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $198,400 Credit Line Revolving
Previous Owner $106,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Pending -- -- --
07/15/2025 07/15/25 For Sale $276,000 +11.3% $142 / Sq Ft
04/06/2023 04/06/23 Sold $248,000 0.0% $251 / Sq Ft
04/06/2023 04/06/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $248,000 +86.5% $251 / Sq Ft
08/31/2022 08/31/22 Sold $133,000 -4.9% $67 / Sq Ft
07/31/2022 07/31/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $139,900 -0.1% $71 / Sq Ft
02/24/2016 02/24/16 Sold $140,000 -9.7% $71 / Sq Ft
01/13/2016 01/13/16 Pending -- -- --
10/30/2015 10/30/15 For Sale $155,000 -- $78 / Sq Ft
Source: RMLS Alliance

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 $6,186 $89,941 $10,177 $79,764
2023 $4,361 $61,073 $10,164 $50,909
2022 $4,205 $57,829 $9,624 $48,205
2021 $4,050 $55,520 $9,240 $46,280
2020 $3,991 $54,807 $9,121 $45,686
2019 $3,942 $55,166 $9,181 $45,985
2018 $3,914 $54,281 $9,034 $45,247
2017 $3,858 $53,706 $8,938 $44,768
2016 $3,740 $51,950 $8,646 $43,304
2015 $3,279 $51,481 $8,568 $42,913
2014 $3,211 $51,103 $8,505 $42,598
2013 $3,150 $50,517 $8,407 $42,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMACA156992

RMLS Alliance

APN: 23-31.0-354-003