Sold81d on market
1905 Rainbow Vw
Urbana, IL, 61802 • 61802 • Champaign County
$100,000
$104/sqft
3Beds
1Baths
961Sqft
1961Built
Property DNA
Ranch Style
Built 1961 · 65 years of history
Outdoor Living
Patio
1-Car Garage
Gravel · Garage Door Opener · Yes · Garage Owned · Attached · Off Street · Owned · Garage
This home is getting attention
Listed 81 days ago · 7 views · 1 saves
Market activity
Demand and pricing signals for this listing
7 views
People checking out this listing
1 saves
Buyers have saved this home
81 days on market
Established listing
$104/sqft
Price per square foot
Selling Soon Prediction
ModerateThis home ranks in the top 35% 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 1961
Charming Starter Home or Investment Opportunity! This well-maintained home offers peace of mind with major updates completed in 2017, including a new roof, windows, siding, exterior doors, furnace, central A/C, water heater, and updated electrical panel-all the big-ticket items are already taken care of for years to come! The interior is ready for your personal touches and style updates. Enjoy a partially fenced backyard that can be easily completed for added privacy. Whether you're a first-time buyer or an investor looking for a solid property, this home is a fantastic opportunity you won't want to miss!
Standout features identified
Our analysis highlights partially fenced backyard, personal touches, and style updates as key attractions of this home.
Estimated monthly payment
Based on current rates
$652/month
Principal & Interest$519
Property Tax$100
Insurance$33
Down payment20% ($20,000)
3%50%
Est. 6.75% rate · 30yr fixed · $80,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1961
HeatingNatural Gas
CoolingCentral Air
Parking1 Attached Garage space
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleRanch
Year built1961
Stories1
Systems
HeatingNatural Gas
CoolingCentral Air
RoofAsphalt
ConstructionVinyl Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingGravel, Garage Door Opener, Yes, Garage Owned, Attached, Off Street, Owned, Garage
Garage1 spaces
BasementNone
Location & Tax
Neighborhood61802
Annual tax$544
Parcel922116431007
Bathrooms & Fees
Full baths1
Features & details
10 categories of property features
Interior Features
Appliances
Range
Refrigerator
Heating
Natural Gas
Cooling
Central Air
Laundry
In Unit
Windows
Insulated Windows
Accessibility
Wheelchair Ramp(s)
Disability Access
Exterior Features
Parking
Gravel
Garage Door Opener
Yes
Garage Owned
Attached
Off Street
Owned
Garage
Construction
Vinyl Siding
Patio & Porch
Patio
Community
Street Paved
Room details
19 rooms detailed
Master Bedroom
Main12×11 ft132 sqft
Flooring (Carpet)
Bedroom2
Main9×13 ft117 sqft
Flooring (Carpet)
Bedroom3
Main11×9 ft99 sqft
Flooring (Carpet)
Bedroom4
Other
Other
Listing insights
Market data and value estimates
StatusSold
Days on market81
Est. value$102,300
Est. rent$1,457/mo
Tax rate2.17%
Price/sqft$104
On marketNov 4, 2025
PostedNov 4, 2025
Last sold$100,000
MLS statusClosed
MLS updatedJan 17, 2026
Tour days6
Views7
Favorites1
How are the schools in Urbana?
3 schools rated nearby
Location
Urbana, IL, 61802
Price history
3 events
DateEventPrice$/sqftSource
Jan 16, 2026Sold$100,000$104MRED as distributed by MLS GRID
Dec 17, 2025Contingent$125,000$130MRED as distributed by MLS GRID
Nov 4, 2025Listed For Sale$125,000$130MRED as distributed by MLS GRID
Sold$100,000
Jan 16, 2026•$104/sqft•MRED as distributed by MLS GRID
Contingent$125,000
Dec 17, 2025•$130/sqft•MRED as distributed by MLS GRID
Listed For Sale$125,000
Nov 4, 2025•$130/sqft•MRED as distributed by MLS GRID
Tax history
25 years of records
YearTax paidAssessed value
Apr 8, 2024$544$30,510
Apr 8, 2023$2,323$27,840
Apr 8, 2022$570$25,630
Apr 8, 2021$569$23,880
Apr 8, 2020$567$21,880
Apr 8, 2019$544$21,880
Apr 8, 2018$544$22,040
Apr 8, 2017$363$21,570
Apr 8, 2016$361$22,700
Apr 8, 2015$361$22,700
Apr 8, 2014$360$23,900
Apr 8, 2013$356$22,580
Apr 8, 2012$412$22,580
Apr 8, 2011$389$24,210
Apr 8, 2010$374$25,570
Apr 8, 2009—$26,590
Apr 8, 2008—$25,730
Apr 8, 2007$480$25,270
Apr 8, 2006$494$24,620
Apr 8, 2005$541$22,380
Apr 8, 2004$555$21,690
Apr 8, 2003$778$20,220
Apr 8, 2002$1,031$17,290
Apr 8, 2001$783$16,770
Apr 8, 2000$957$16,020
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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