See Home Value
$379,000
● House - Off Market

169 Rainbow Lane

Trout Valley, IL 60013
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,630 Ft²
$401,751
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

NOT YOUR COOKIE CUTTER HOME OR NEIGHBORHOOD! HOME IS SITUATED ON ALMOST AN ACRE OF LUSH BEAUTY.  Trout Valley is resemblance the east coast! Think of it as a nature preserve; heavily wooded, hilly terrain, hiking paths, rare plants and flowers along the paths, winding roads, every season change brings on a new beauty that makes you say wow, I live here. It is a lifestyle community that has all the amenities you can ever want. Equestrians, you can board your horse at the Trout Valley barn! You have a birds eye view of the barn from the back of the home. Boaters, drop your boat at the Trout Valley launch for FREE! Marina and launch were newly refurbished. Tennis enthusiast, private courts await you. Golfers, hop in the golf cart and cruise over to the Cary Country Club for a round of golf and lovely views of the course off the clubs deck. Fisherman, fly fish in several private ponds or drop a line in Tom Sawyer Pond. Socialize with the neighbors at the Riverfront Lodge or Barn where you not only know your neighbors but they become lifelong friends. Where else can you have all this? Here!... and it looks like your driving through a wooded narnia, yet your only 10 min to the Metra train and 60 min to downtown Chicago! Situated between Fox Bluff Conservation Area, Fox River and Cary Country Club 18-hole public golf course. 169 Rainbow Ln backs up to a wooded lot with running stream & small waterfall. New oak sliders & large windows. The elevated views of surrounding woods is spectacular. Enjoy the panorama view from kitchen, dining area & living room with an open floor plan, solid oak flooring throughout main floor and lower level. Newly resurfaced multi-tiered backyard deck with sliders from the kitchen, dining area & primary bedroom. Lower level is complete to entertain with wet bar, cozy up next to the wood-burning fireplace with gas starter. Need to melt your stress away?  Relax in the attached tropical, atrium sunroom complete with Jacuzzi hot tub. Walkout lower level is the perfect entertaining space with guest room, large bonus area that can be used for crafting, exercise, kids playroom or accommodate multi generation with the split footplate. 2.5 car attached garage has a staircase accommodating second-level storage. 2 new furnaces and 2 central AC units 2019 (3 year warranty left) Come make this golf community your home that feels a world away from the hustle bustle yet close to everything (10-minute walk to historic downtown Cary and the UPNW Metra station).  Only 35 minutes to O'Hare airport. Highly-rated schools include Briargate Elementary (walking distance), Cary Junior High and Cary-Grove High School.  *** HOME WARRANTY INCLUDED***
Unit Size
2,630 Ft²
Days on Market
-
Land Size
0.85 acres
Price per sqft
$146
Property Type
House
Property Taxes
$945
HOA Dues
$133
Year Built
1969

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Last updated: 3 years ago (MRED MLS #11668323)

Price History

Date / Event Date Event Price
Feb 3, 2023 Sold
Sold
Nov 7, 2022 Listed by Baird & Warner $384,500
Listed by Baird & Warner

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,523
  • Total Building Area: 2,630
  • Building Area: 2,630
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,630
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TROUT VALLEY DIVISION C
  • Land Acres: 0000000632
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2023R0003023 LT 169 TROUT VALLEY DIVISION C

Neighborhood

  • School District Name: Cary Community Consolidated School District 26
  • Census Tract: 871600

Geography

  • Parcel: 19-13-304-004
  • Block: 304
  • Lot: 169
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.2013
  • Longitude: -88.2569

    Address

  • Full Address: 169 Rainbow Ln
  • Address - House Number: 169
  • Address - Street Name: Rainbow
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Trout Valley
  • Carrier Code: C003
  • 4-Digit Zip Code: 2440
  • Zip Code: 60013

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,217,008
  • Tax Rate Code Area: 19121

    Appraisal Valuation

  • Standard Deviation: 0.0972
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 91
  • Final Value: 400,809
  • High Value: 439,790
  • Low Value: 361,829

    Market Valuation

  • Market Total Value: $427,845
  • Market Land Value: $87,339
  • Market Improvement Value: $340,506

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $142,615
  • Assessed Land Value: $29,113
  • Assessed Improvements Value: $113,502

    Sales

  • Current Sale Contract Date: Jan 24, 2023
  • Current Sale Recording Date: Feb 09, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3023
  • Previous Sale Recording Date: Aug 02, 2005
  • Previous Sale Contract Date: Jul 29, 2005
  • Previous Sale Amount: $357,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Trout Valley


Similar Homes for Sale

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Nearby Rentals

Unit for rent at 737 Wellington Lane, Cary, IL, 60013

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,574 ft²
737 Wellington Lane #737, Cary, IL, 60013 Listing by Anthony Mathews


Frequently Asked Questions

When was property at 169 Rainbow Lane built and last sold?
The property at 169 Rainbow Lane was built in 1969 and last sold on Jan 24, 2023 for $379,000.
How much is this home worth?
The estimated value of the home located at 169 Rainbow Lane is $0.
What are some comparable homes to 169 Rainbow Lane?
There are currently no comparable homes to 169 Rainbow Lane.

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