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314 Rainbow Drive

314 Rainbow Drive, Creve Coeur, IL 61610
House in Groveland
Sold Jan 27, 2021
$123,000
314 Rainbow Drive in Creve Coeur, IL was first built in 1968 and is 56 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 314 Rainbow Drive has 1,347 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 750 ft and the linear feet between the front and back of the lot is 2,200. In total, the area measurement of the land is 16,500 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. For those who need parking, there is a attached garage. The garage is 748 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 314 Rainbow Drive was last sold in Jan 25, 2021 for $123,000. According to our calculations, that's $27.86 per sqft. Current property owners are expected to pay $3,956 in taxes per year. The property on 314 Rainbow Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $51,960. To break that down further, the land itself was valued at $6,540. While improvements to the property were assessed at a total of $45,420. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 1,347
  • Garage Type: Attached
  • Garage Square Area: 748
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 16,500
  • Lot Size Depth Feet: 2,200
  • Lot Size Frontage Feet: 750
  • Total Building Area: 4,415
  • Gross Building Area: 4,415
  • Building Area: 1,347
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,347
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RAINBOW PARK SUBD
  • Land Acres: 0.381
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SEC 5 T25N R4W RAINBOW PARK SUBD LOT 39 SE 1/4

Ownership

  • Current Owner : CRANWILL TERRA
  • Previous Owner : BAKER WAYNE T
  • Previous Owner 2: BAKER JOYCE A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: East Peoria Community High School District 309
  • Census Tract: 020400

Geography

  • District: 050
  • Section: 5
  • Parcel: 05-05-05-401-011
  • Lot: 39
  • Meridian: SEC 05 TWN 25N RNG 04W
  • Municipality: GROVELAND
  • Latitude: 40.6461
  • Longitude: -89.5772

    Address

  • Full Address: 314 Rainbow Dr
  • Address - House Number: 314
  • Address - Street Name: Rainbow
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Creve Coeur
  • Carrier Code: C069
  • 4-Digit Zip Code: 4272
  • Zip Code: 61610

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,956
  • Tax Rate Code Area: 05004

    Appraisal Valuation

  • Standard Deviation: 0.2775
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 60
  • Final Value: 148,944
  • High Value: 190,287
  • Low Value: 107,600

    Market Valuation

  • Market Total Value: $155,880
  • Market Land Value: $19,620
  • Market Improvement Value: $136,260

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $51,960
  • Assessed Land Value: $6,540
  • Assessed Improvements Value: $45,420

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 25, 2021
  • Current Sale Recording Date: Jan 27, 2021
  • Current Sale Transaction ID: 11815729464
  • Current Sale Price: $123,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202100001620

    Last Sale Mortgage

  • First Mortgage Lender: WATERSTONE MORTGAGE CORP
  • First Mortgage Transaction Date: Jan 27, 2021
  • First Mortgage Loan Amount: $119,310
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Creve Coeur



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 314 Rainbow Drive located in?
The 314 Rainbow Drive is a house located in the neighborhood of Groveland in Creve Coeur, Creve Coeur.
What is the average sales price for listings in 314 Rainbow Drive?
The average sales price for units in 314 Rainbow Drive is $129,900 , or $96/sqft. currently.

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