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905 Rainbow Vw

Urbana, IL 61802

3 bd 2 ba 1,073 sqft Built 1962 Lot 6,970 sqft single_family
Most recent sale
$130,000
Mar 31, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 31, 2022 Sold $130,000 MLS #11294932
Feb 14, 2022 Listed $130,000 MLS #11294932
Jul 2, 2013 Sold $91,500 Public Record
May 12, 2013 Listing removed $94,500 ChampaignArea
Apr 24, 2013 Listed $94,500 MLS #2133699
Jan 16, 2013 Sold $52,000 Public Record
Jan 24, 2000 Sold $73,000 Public Record
Jul 16, 1996 Sold $45,000 Public Record
Jul 9, 1993 Sold $38,666 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $24,660 $14,010 $38,670 $3,150
2023 $23,310 $13,240 $36,550 $2,909
2022 $19,590 $11,120 $30,710 $2,674
2021 $18,260 $10,360 $28,620 $2,441
2020 $16,730 $9,490 $26,220 $2,175
2019 $16,730 $9,490 $26,220 $2,113
2018 $16,850 $9,560 $26,410 $2,109
2017 $16,490 $9,360 $25,850 $2,121
2016 $17,360 $9,850 $27,210 $2,254
2015 $17,360 $9,850 $27,210 $2,279
2014 $18,270 $10,370 $28,640 $2,400
2013 $19,230 $10,920 $30,150 $2,527
2012 $22,230 $10,180 $32,410 $1,894
2011 $22,230 $10,180 $32,410 $1,788
2010 $25,580 $10,780 $36,360 $1,716
2009 $23,990 $10,780 $34,770 $1,686
2008 $22,840 $10,650 $33,490 $1,703
2006 $21,870 $10,190 $32,060 $1,792
2005 $26,050 $6,550 $32,600 $1,846

Property facts

Year built
1962
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,073 sqft
Lot size
6,970 sqft
ZIP code
61802
City
Urbana
Street
Rainbow Vw
Coordinates
40.10506, -88.18502

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
$780
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 905 Rainbow Vw last sell?
905 Rainbow Vw most recently sold on Mar 31, 2022 for $130,000.
What is the current tax assessment for 905 Rainbow Vw?
The most recent total assessment for 905 Rainbow Vw (year 2024) is $38,670 with $3,150 in property tax.
How does 905 Rainbow Vw's assessment compare to its last sale price?
The current assessment is 70.3% below the last sale price of $130,000.
When was 905 Rainbow Vw built?
905 Rainbow Vw was built in 1962.
How does 905 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 905 Rainbow Vw?
905 Rainbow Vw is a 3 bed, 2 bath, 1,073 sqft, 6,970 sqft lot single_family.
Is 905 Rainbow Vw a flip candidate?
No — 905 Rainbow Vw does not appear in our flips dataset.
Is 905 Rainbow Vw a tax-appeal candidate?
No — 905 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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