When was property at 2303 Rainbow Avenue built and last sold?

The property at 2303 Rainbow Avenue was built in 1978 and last sold on Mar 29, 2021 for $144,000.

How much is this home worth?

The estimated value of the home located at 2303 Rainbow Avenue is $0.

What are some comparable homes to 2303 Rainbow Avenue?

There are currently no comparable homes to 2303 Rainbow Avenue.

Bloomington

61704

Lakewood-Hillcrest

2303 Rainbow Avenue

$143,900

● House - Off Market

2303 Rainbow Avenue

Bloomington, IL 61704

4 Beds

2 Baths

1,334 Ft²

$173,962

RealtyHop Estimate

24.35%

Since Apr 1, 2021

National-US

Primary Model

About This Property

This move-in ready cape cod style home sits in a convenient East Bloomington location near tons of shopping and neighborhood parks. The main floor features a large living room, eat in kitchen, 2 bedrooms and 1 full bath. Upstairs you'll find two more bedrooms and full bath. The basement was recently refinished and adds tons more play and work space. An egress window makes for a possible 5th bedroom! HVAC 2020, water heater 2020, newer laminate flooring, windows (all except bay) and siding. The deck was recently redone and adds to your great backyard complete with playset and garden!

Unit Size

1,334 Ft²

Days on Market

Land Size

0.18 acres

Price per sqft

$105

Property Type

House

Property Taxes

$228

HOA Dues

Year Built

1978

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #10994528)

Price History

Date / Event	Date	Event
Mar 29, 2021	Sold	Premium
Sold
Feb 12, 2021	Listed by RE/MAX Rising	$139,900
Listed by RE/MAX Rising

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1978

Building Count: 1
Total Rooms: 6
Bedroom Count: 4
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Building Condition: 7
Building Quality: 7
Construction Type: 0
Building Style: 0
Exterior Walls Type: 19
Interior Walls Type: 3
Roof Shape Type: 0
Roof Cover Type: 15
Floor Count: 150
Floor Cover: 9
Basement Type: 2
Basement Area: 800
Garage Type: 1
Garage Square Area: 308
Parking Space Count: 1
Patio Type: 79
Porch Type: 0
Pool Type: 0
Location Influence Type: 118

Dimensions

Lot Size Square Feet: 7,937

Lot Size Depth Feet: 1,090
Lot Size Frontage Feet: 700
Total Building Area: 2,542
Gross Building Area: 2,542
Building Area: 2,234
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 0
Heating: 4
Heated Square Feet: 2,234
Heating Fuel Type: 3

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: LAKEWOOD ESTATES
Land Acres: 0000000182
Standard Land Use Code: 1001
County Land Use Code: 0040
Legal Description 1: LAKEWOOD ESTATES 1ST ADD LOT 185

Neighborhood

School District Name: Bloomington School District 87

School Tax School District: 087
Census Tract: 001106

Zoning

Zoning: R1C

Geography

District: 40

Parcel: 14-35-280-002
Lot: 185
Meridian: SEC 35 TWN 24N RNG 02E
Municipality: CITY OF BLOOMINGTON
Latitude: 40.4988
Longitude: -88.9433

Address

Full Address: 2303 Rainbow Ave

Address - House Number: 2303
Address - Street Name: Rainbow
Address - Suffix Type: Ave
State: IL
City Name: Bloomington
Carrier Code: C072
4-Digit Zip Code: 2331
Zip Code: 61704

Valuation

Tax

Tax Year: 2022

Tax Amount: $344,086
Tax Rate Code Area: 4001

Appraisal Valuation

Standard Deviation: 0.1821

Valuation Date: Feb 28, 2024
Confidence Score: 76
Final Value: 190,907
High Value: 225,687
Low Value: 156,127

Market Valuation

Market Total Value: $139,458

Market Land Value: $32,889
Market Improvement Value: $106,569

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $46,486
Assessed Land Value: $10,963
Assessed Improvements Value: $35,523

Sales

Current Sale Contract Date: Mar 29, 2021

Current Sale Recording Date: Apr 09, 2021
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2021-00008411
Previous Sale Recording Date: Jun 19, 2013
Previous Sale Contract Date: Jun 12, 2013
Previous Sale Amount: $98,000
Previous Sale Document Type: 71

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Financing Type:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Lakewood-Hillcrest

Stats & Trends

Median Asking:

$219,000

Sale Price/ft²

$123

Below Asking

0.01%

Average Days on Market

Average Home Size

1602 ft²

Average Home Age

48.3 years

Currently For Sale

3 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1313 E Washington Street, Bloomington, IL, 61701

$2,700 /mo

5 Beds
2 Baths
3,525 ft²

1313 E Washington Street, Bloomington, IL, 61701 Listing by Colleen Zerebny

Unit for rent at 1613 Belclare Road, Normal, IL, 61761

$2,700 /mo

2 Beds
3 Baths
2,156 ft²

1613 Belclare Road, Normal, IL, 61761 Listing by Derrick Williams

Unit for rent at 3125 Old Jamestown Road, Bloomington, IL, 61704

$2,900 /mo

4 Beds
2 Baths
3,196 ft²

3125 Old Jamestown Road, Bloomington, IL, 61704 Listing by Reshma Shah

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Monica Bullington, RE/MAX Rising
Last Updated: 3 years ago
Data Source: MRED, MLS# 10994528

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 listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

2303 Rainbow Avenue

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Lakewood-Hillcrest

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions