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2305 Rainbow Ave, Bloomington, IL, 61704

$214,900

Home List Price

$2,552*

Closing Credit

4 Bedrooms
1 Full Bath, 1 Partial
2,160 SqFt
$99/SqFt
House

Location

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2305 Rainbow Ave, Bloomington$214,900

Buyer Closing Credits

$2,552*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage1 space
Year Built1977
HeatingNatural Gas
CoolingCentral Air
WaterfrontFencing
FireplaceStubbed in Gas Line
MLS #12181335
StatusAccepting Backup Offers
(Contingent)

About 2305 Rainbow Ave

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Bi-Level
  • Year Built: 1977
  • Living Area: 2,160 SqFt

Listing Office:

  • Office Name: RE/MAX Rising
  • Office Phone: (309) 340-1000
  • Listing Agent: Janet Jurich

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: No
  • Fireplace: Stubbed in Gas Line

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Fencing
  • Exterior: Deck, Patio

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Fencing, Trees

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: North on Hershey to west on Rainbow

Price Information

Listing Price Info

Price Summary:

  • List Price: $214,900
  • Price Per SqFt: $99/SqFt

HOA Fees:

  • Amount: $55
  • Frequency: Annually

Tax Information:

  • Annual Amount: $2,765
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Bloomington, IL.

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Bloomington, IL

City

Med. Sold Price

$253.3K

Med. Price/SqFt

$109

Avg. Days On Market

23

# of Sold Homes

106

2305 Rainbow Ave vs Bloomington

39 DAYS ON ROCKET

+16 Days

$214,900

-$38.4K Less

$99/SqFt

-$11 Less

KEY TAKEAWAY

This property is $38.4K less than the Median Sold Price and $11/SqFt less than other homes in Bloomington, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12181335

Listing Office:

  • Office Name: RE/MAX Rising
  • Office Phone: (309) 340-1000
  • Listing Agent: Janet Jurich

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

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.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/16/2024, 11:45:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,765$43,616
2019$2,756$43,616
2018$2,673$42,761
2017$2,674$42,761

History based on county public records data.

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$1,144

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$711

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-365038
3
/10

  • Stevenson Elementary School

  • 2106 Arrowhead Dr

  • 0.31 miles

  • Public District Grades KG-5

school-card-donut-365039
7
/10

  • Northpoint Elementary School

  • 2602 E College Ave

  • 0.97 miles

  • Public District Grades KG-5

school-card-donut-365040
3
/10

  • Sugar Creek Elementary School

  • 200 N Towanda Ave

  • 1.30 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,369. The most common annual income of people living in Bloomington, IL is between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Living In Bloomington, IL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Bloomington, IL?

Bloomington's housing market is diverse, offering a range of options from historic homes to contemporary apartments. Single-family homes are prevalent, with a mix of Victorian, ranch, and colonial styles commonly found. The housing stock also includes a selection of condominiums and townhouses, accommodating various preferences and lifestyles. The homeownership rate in Bloomington is robust, with a significant majority of residents owning their homes, while a smaller yet substantial segment of the population opts for renting.

Is Bloomington, IL a good place to live?

Bloomington prides itself on a vibrant community spirit and a rich historical backdrop. The city's character is defined by its blend of urban amenities and small-town charm, with a variety of local events and festivals that celebrate its cultural heritage. Residents and visitors alike enjoy the community's green spaces, local arts scene, and the sense of connectivity that pervades neighborhood gatherings and public celebrations.

Are things conveniently located in Bloomington, IL?

The city is served by a comprehensive array of services, including a network of public schools that cater to students from kindergarten through high school, as well as private educational options. Healthcare is readily accessible, with several clinics and a hospital that provides emergency services, primary care, and specialized treatments. Bloomington also features a public library system that supports lifelong learning and community engagement. Retail and dining establishments reflect the local culture, offering both familiar chains and unique local businesses that contribute to the city's distinct flavor.

What does the transportation in Bloomington, IL look like?

Transportation in Bloomington includes a variety of options for residents and visitors. The city's public transit system facilitates movement around the area, with bus routes connecting key destinations. While specific schedules vary, services are designed to accommodate peak commuting times. The community also supports ride-sharing options, enhancing mobility for those without private vehicles. Bloomington is characterized by areas that are pedestrian-friendly, particularly in the downtown district, and there are initiatives to improve bikeability. The city's road network provides efficient access to major highways, simplifying travel to and from the city.

Frequently Asked Questions About 2305 Rainbow Ave

What is the listing price of this property?

The listing price of 2305 Rainbow Ave property is $214,900.

What type of property is this?

The property 2305 Rainbow Ave is a house located in Bloomington, Illinois, 61704.

Is this property for sale now?

Accepting Backup Offers: 2305 Rainbow Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,765 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 2305 Rainbow Ave has 4 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 2305 Rainbow Ave is 2,160 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2305 Rainbow Ave is 1977.

Rocket Homes›Illinois›McLean County›Bloomington›61704›2305 Rainbow Ave

This home is located at 2305 Rainbow Ave in Bloomington, IL and zip code 61704. This 2,160 square foot home was built in 1977. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 09, 2024 and is currently priced at $214,900.

Over 40 listings were sold over their listed price in October 2024 in Bloomington, IL. In the same period over 49 listings were sold below the listed price and 17 listings were sold for the listed price. The inventory of homes for sale in Bloomington, IL between September 2024 and October 2024 decreased by 4.5%. In October 2024 median list price was $253,316 and the average listing age was 23 days.

From Rocket Homes Real Estate and based on county public records data.

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