Sold964d on market
1108 Rainbow Vw
Urbana, IL, 61802 • 61802 • Champaign County
$125,000
$111/sqft
3Beds
1Baths
1,128Sqft
1962Built
Property DNA
Ranch Style
Built 1962 · 64 years of history
Outdoor Living
Deck
1.5-Car Garage
On Site · Garage Owned · Detached · Garage
This home is getting attention
Listed 964 days ago · 1 views
Market activity
Demand and pricing signals for this listing
1 views
People checking out this listing
964 days on market
Established listing
$111/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 36% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1962
This gorgeous ranch style home in Urbana is designed to offer comfort. Featuring three bedrooms and one bathroom, providing ample space for a family or individuals who appreciate extra room for guests or hobbies. As you step into the home, you are greeted by a spacious open floor plan that creates a seamless flow between the living, dining, and kitchen area! One of the standout features of this home is its vaulted ceilings, providing a sense airiness. The interior design is carefully curated to complement the natural light and features light-colored woodwork, enhancing the home's bright and beautiful feel. The kitchen is not only aesthetically pleasing but also highly functional. It offers ample space for all your cooking endeavors, connected is the large dining room, which is perfect for entertaining guests during the upcoming holiday season. The three bedrooms in the house are spacious and inviting, offering a tranquil retreat after a long day. Before leaving, check out the elite backyard oasis. It provides a private and serene space to relax and unwind. The patio and yard are enclosed by a privacy fence, ensuring that you can enjoy your outdoor activities in seclusion.
Standout features identified
Our analysis highlights gorgeous ranch style home, vaulted ceilings, and spacious open floor plan as key attractions of this home.
Estimated monthly payment
Based on current rates
$824/month
Principal & Interest$657
Property Tax$125
Insurance$42
Down payment20% ($25,000)
3%50%
Est. 6.88% rate · 30yr fixed · $100,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1962
HeatingNatural Gas, Forced Air
CoolingCentral Air
Parking1 Garage space
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleRanch
Year built1962
Stories1
Systems
HeatingNatural Gas, Forced Air
CoolingCentral Air
ConstructionVinyl Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingOn Site, Garage Owned, Detached, Garage
Garage1.5 spaces
BasementCrawl Space
FencingFenced
Location & Tax
Neighborhood61802
Annual tax$2,111
Parcel922116430013
Bathrooms & Fees
Full baths1
Features & details
8 categories of property features
Interior Features
Interior
Cathedral Ceiling(s)
Appliances
Range
Dishwasher
Refrigerator
Range Hood
Heating
Natural Gas
Forced Air
Cooling
Central Air
Accessibility
No Disability Access
Exterior Features
Parking
On Site
Garage Owned
Detached
Garage
Construction
Vinyl Siding
Patio & Porch
Deck
Room details
19 rooms detailed
Master Bedroom
Main13×10 ft130 sqft
Bedroom2
Main13×8 ft104 sqft
Bedroom3
Main13×8 ft104 sqft
Bedroom4
Other
Other
Listing insights
Market data and value estimates
StatusSold
Days on market964
Est. value$150,800
Est. rent$1,489/mo
Tax rate2.17%
Price/sqft$111
On marketJul 19, 2023
PostedJul 19, 2023
Last sold$125,000
MLS statusClosed
MLS updatedAug 20, 2023
Tour days6
Views1
How are the schools in Urbana?
3 schools rated nearby
Location
Urbana, IL, 61802
Price history
16 events
DateEventPrice$/sqftSource
Aug 17, 2023Sold$125,000$111MRED as distributed by MLS GRID
Jul 21, 2023Contingent$112,500$100MRED as distributed by MLS GRID
Jul 19, 2023Listed For Sale$112,500$100MRED as distributed by MLS GRID
May 9, 2019Sold$70,000$62MRED as distributed by MLS GRID
Mar 11, 2019Pending Sale$71,500$63RYAN DALLAS REAL ESTATE
Mar 6, 2019Listed For Sale$71,500$63RYAN DALLAS REAL ESTATE
Jun 30, 2015Listing Removed$975$1Illini Management
Apr 28, 2015Listed For Rent$975$1Illini Management
Aug 8, 2014Listing Removed$79,900$71Keller Williams Realty - The Real Estate Center of Illinois, LLC.
May 28, 2014Price Change$79,900$71Keller Williams Realty - The Real Estate Center of Illinois, LLC.
Feb 7, 2014Price Change$82,900$73Keller Williams Realty
Nov 13, 2013Listed For Sale$84,900$75Keller Williams Realty-Maho
Oct 14, 2010Listing Removed$105,500$94Prudential Real Estate
Aug 6, 2010Listed For Sale$105,500$94Prudential Real Estate
Jun 15, 2007Sold$98,000$87Public Record
Jul 2, 2004Sold$85,000$75Public Record
Sold$125,000
Aug 17, 2023•$111/sqft•MRED as distributed by MLS GRID
Contingent$112,500
Jul 21, 2023•$100/sqft•MRED as distributed by MLS GRID
Listed For Sale$112,500
Jul 19, 2023•$100/sqft•MRED as distributed by MLS GRID
Sold$70,000
May 9, 2019•$62/sqft•MRED as distributed by MLS GRID
Pending Sale$71,500
Mar 11, 2019•$63/sqft•RYAN DALLAS REAL ESTATE
Listed For Sale$71,500
Mar 6, 2019•$63/sqft•RYAN DALLAS REAL ESTATE
Listing Removed$975
Jun 30, 2015•$1/sqft•Illini Management
Listed For Rent$975
Apr 28, 2015•$1/sqft•Illini Management
Listing Removed$79,900
Aug 8, 2014•$71/sqft•Keller Williams Realty - The Real Estate Center of Illinois, LLC.
Price Change$79,900
May 28, 2014•$71/sqft•Keller Williams Realty - The Real Estate Center of Illinois, LLC.
Price Change$82,900
Feb 7, 2014•$73/sqft•Keller Williams Realty
Listed For Sale$84,900
Nov 13, 2013•$75/sqft•Keller Williams Realty-Maho
Listing Removed$105,500
Oct 14, 2010•$94/sqft•Prudential Real Estate
Listed For Sale$105,500
Aug 6, 2010•$94/sqft•Prudential Real Estate
Sold$98,000
Jun 15, 2007•$87/sqft•Public Record
Sold$85,000
Jul 2, 2004•$75/sqft•Public Record
Tax history
25 years of records
YearTax paidAssessed value
Apr 8, 2024$2,514$30,370
Apr 8, 2023$2,948$27,710
Apr 8, 2022$2,112$25,510
Apr 8, 2021$1,918$23,770
Apr 8, 2020$1,696$21,770
Apr 8, 2019$1,646$21,770
Apr 8, 2018$1,646$21,930
Apr 8, 2017$1,653$21,470
Apr 8, 2016$1,764$22,600
Apr 8, 2015$1,764$22,600
Apr 8, 2014$1,886$23,790
Apr 8, 2013$1,993$25,050
Apr 8, 2012$2,187$25,050
Apr 8, 2011$2,167$29,340
Apr 8, 2010$2,213$30,990
Apr 8, 2009—$32,060
Apr 8, 2008—$30,980
Apr 8, 2007$2,027$30,430
Apr 8, 2006$2,034$29,650
Apr 8, 2005$1,854$27,310
Apr 8, 2004$1,735$26,470
Apr 8, 2003$1,679$24,670
Apr 8, 2002$1,533$21,110
Apr 8, 2001$1,481$20,480
Apr 8, 2000$1,400$19,560
Nearby homes
Neighborhood details
Local context around this listing
Urbana, IL • Champaign County
Nearby neighborhoods
Downtown
Nearby cities
ChampaignHomerMahometRantoulSaint JosephSavoySeymourTolono
Nearby zip codes
61801618026180361874
Similar homes
Based on information submitted to the MLS GRID as of 2026. 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. [Click here for more information](/mls-disclaimers/#17)
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