When was property at 2305 Rainbow Avenue built and last sold?

The property at 2305 Rainbow Avenue was built in 1977 and last sold on Jan 1, 1970 for $0.

How much is this home worth?

The estimated value of the home located at 2305 Rainbow Avenue is $0.

What are some comparable homes to 2305 Rainbow Avenue?

There are currently no comparable homes to 2305 Rainbow Avenue.

Bloomington

61704

Lakewood-Hillcrest

2305 Rainbow Avenue

$211,000

● House - Off Market

2305 Rainbow Avenue

Bloomington, IL 61704

4 Beds

2 Baths, 1 Half Bath

2,160 Ft²

$1,287

Est. Monthly

HOA / Fees

15.18%

Cap Rate

About This Property

Immaculate well maintained home on Bloomington's East side located in Lakewood subdivision. Many updates including some newer carpet, paint, updated electrical panel, kitchen flooring and added cabinetry, all windows 3 years old, gas added to lower level fireplace ready for gas logs, maintenance free deck replaced 2021, and newer patio. Furnace and central air have been maintained yearly. Nice size bedrooms with updated full bath. Lower level with bedroom now used as an office, large family room and a sewing room with lots of natural light. Move in ready!

Unit Size

2,160 Ft²

Days on Market

Land Size

Price per sqft

$99

Property Type

House

Property Taxes

$227

HOA Dues

Year Built

1977

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (MRED MLS #12181335)

Price History

Date / Event	Date	Event
Dec 12, 2024	Sold	Premium
Sold
Nov 13, 2024	In contract	-
In contract
Nov 11, 2024	Price Decreased	$214,900 ↓ $5K (2.3%)
Price Decreased
Nov 6, 2024	Price Decreased	$219,900 ↓ $5K (2.1%)
Price Decreased
Oct 16, 2024	Price Decreased	$224,500 ↓ $3K (1.1%)
Price Decreased
Oct 8, 2024	Listed by RE/MAX Rising	$227,000
Listed by RE/MAX Rising

Property Highlights

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1977

Building Count: 1
Total Rooms: 5
Bedroom Count: 3
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 7
Building Quality: 7
Construction Type: 0
Building Style: 40
Exterior Walls Type: 18
Interior Walls Type: 3
Roof Shape Type: 0
Roof Cover Type: 15
Floor Cover: 9
Basement Type: 2
Basement Area: 1,053
Garage Type: 1
Garage Square Area: 258
Parking Space Count: 1
Patio Type: 79
Porch Type: 0
Pool Type: 0
Location Influence Type: 118

Dimensions

Lot Size Square Feet: 6,526

Lot Size Depth Feet: 1,090
Lot Size Frontage Feet: 570
Total Building Area: 2,418
Gross Building Area: 2,418
Building Area: 2,160
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 0
Heating: 4
Heated Square Feet: 2,160
Heating Fuel Type: 3

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: LAKEWOOD ESTATES
Land Acres: 0000000150
Standard Land Use Code: 1001
County Land Use Code: 0040
Legal Description 1: LAKEWOOD ESTATES 1ST ADD LOT 186

Neighborhood

School District Name: Bloomington School District 87

School Tax School District: 087
Census Tract: 001106

Zoning

Zoning: R1C

Geography

District: 40

Parcel: 14-36-151-003
Lot: 186
Meridian: SEC 36 TWN 24N RNG 02E
Municipality: CITY OF BLOOMINGTON
Latitude: 40.4988
Longitude: -88.9431

Address

Full Address: 2305 Rainbow Ave

Address - House Number: 2305
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: $277,200
Tax Rate Code Area: 4001

Appraisal Valuation

Standard Deviation: 0.2079

Valuation Date: Feb 28, 2024
Confidence Score: 71
Final Value: 210,074
High Value: 253,769
Low Value: 166,378

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium

Market Valuation

Market Total Value: $139,443

Market Land Value: $29,256
Market Improvement Value: $110,187

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $46,481
Assessed Land Value: $9,752
Assessed Improvements Value: $36,729

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

Request mortgage information redaction

Comparables

About Lakewood-Hillcrest

Stats & Trends

Median Asking:

$219,000

Sale Price/ft²

$122

Below Asking

0.01%

Average Days on Market

Average Home Size

1919 ft²

Average Home Age

45 years

Currently For Sale

4 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 3125 Old Jamestown Road, Bloomington, IL, 61704

$2,850 /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: Janet Jurich, RE/MAX Rising
Last Updated: 2 years ago
Data Source: MRED, MLS# 12181335

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.

2305 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