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2114 Rainbow Vw

Urbana, IL 61802

3 bd 2 ba 1,183 sqft Lot 7,405 sqft single_family
Most recent sale
$145,000
Apr 17, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 17, 2024 Sold $145,000 MRED
Feb 29, 2024 Listed $135,000 MRED
Jun 18, 2020 Listing removed RentlinxUnits
Jun 12, 2020 Listed for rent $1,075 RentlinxUnits
Mar 27, 2020 Listing removed RentlinxUnits
Mar 5, 2020 Listed for rent $1,075 RentlinxUnits
Jul 3, 2008 Sold $112,500 Public Record
Jun 10, 2005 Sold $113,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $27,260 $14,010 $41,270 $4,023
2023 $25,770 $13,240 $39,010 $3,147
2022 $21,650 $11,120 $32,770 $2,897
2021 $20,180 $10,360 $30,540 $2,649
2020 $18,480 $9,490 $27,970 $2,363
2019 $18,480 $9,490 $27,970 $2,922
2018 $18,610 $9,560 $28,170 $2,290
2017 $18,210 $9,360 $27,570 $2,305
2016 $19,170 $9,850 $29,020 $2,446
2015 $19,170 $9,850 $29,020 $2,473
2014 $20,180 $10,370 $30,550 $2,602
2013 $21,240 $10,920 $32,160 $2,736
2012 $25,200 $10,180 $35,380 $2,753
2011 $25,200 $10,180 $35,380 $2,722
2010 $27,760 $10,780 $38,540 $2,763
2009 $27,760 $10,780 $38,540 $2,714
2008 $27,010 $10,650 $37,660 $2,644
2006 $25,860 $10,190 $36,050 $2,558
2005 $24,610 $6,550 $31,160 $2,172

Property facts

Year built
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,183 sqft
Lot size
7,405 sqft
ZIP code
61802
City
Urbana
Street
Rainbow Vw
Coordinates
40.10355, -88.17981

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$870
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2114 Rainbow Vw last sell?
2114 Rainbow Vw most recently sold on Apr 17, 2024 for $145,000.
What is the current tax assessment for 2114 Rainbow Vw?
The most recent total assessment for 2114 Rainbow Vw (year 2024) is $41,270 with $4,023 in property tax.
How does 2114 Rainbow Vw's assessment compare to its last sale price?
The current assessment is 71.5% below the last sale price of $145,000.
When was 2114 Rainbow Vw built?
The year built for 2114 Rainbow Vw is not in our records.
How does 2114 Rainbow Vw compare to others on Rainbow Vw?
We track 8 other properties on Rainbow Vw. Browse the list under "Other properties on Rainbow Vw" to compare beds, baths, and sale history.
What are the property facts for 2114 Rainbow Vw?
2114 Rainbow Vw is a 3 bed, 2 bath, 1,183 sqft, 7,405 sqft lot single_family.
Is 2114 Rainbow Vw a flip candidate?
No — 2114 Rainbow Vw does not appear in our flips dataset.
Is 2114 Rainbow Vw a tax-appeal candidate?
No — 2114 Rainbow Vw is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+5.6%
Implied 1-yr
+22.3%
2026 Q3
$341.5K
2026 Q4
$355.5K
ZIP 61802 — Median Price History + Forecast

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