NOT LISTED FOR SALE

17310 Rainbow Dr Lathrup Village, MI 48076

Estimated Value: $424,000 - $487,000

4 Beds
3 Baths
2,735 Sq Ft
$170/Sq Ft Est. Value

Last Sold October 07, 2019

Last sale price $368,000 $135 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,229/month

20 Days on Market

Highlights

  • Colonial Architecture
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • No HOA
  • 2 Car Attached Garage
  • Gas Fireplace

About This Home

As of October 2019

17310 Rainbow Drive is Lathrup Village luxury at its best! Located in a quiet cul-de-sac and close to shopping, this 2735 square foot 4-bedroom colonial home has been elegantly renovated with quality craftsmanship you won’t find in any home nearby. With 4 bedrooms and 3 full baths there's plenty of room for family and friends. There is also an elegant office on the main level that can be used as a guest bedroom. Enjoy using your culinary talents in the captivating kitchen with a stunning quartz countertop and stainless-steel appliances. When dinner is ready, entertain family and friends in the stately dining room then relax together next to the gorgeous fireplace. You won’t find another home like it on the market! All measurements are estimates and buyer to verify all information.

Last Agent to Sell the Property

Jeffery Mifsud

Buyers First Realty License #6502138747 Listed on: 08/12/2019

Last Buyer's Agent

Jeffery Mifsud

Buyers First Realty License #6502138747 Listed on: 08/12/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1971 | Remodeled in 2019

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 90x120

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 2,735 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Partially Finished Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Louise Lathrup's California Bungalow Sub No 5 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2424156016

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,529

Year Built

Built in 1971 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1971
  • State Equalized Value: 118390.0000
  • Year Renovated: 2019
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Room Count: 12
  • Total Bedrooms: 4
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Refrigerator, Range/Stove
  • Sq Ft Combined: 3385
  • Sq Ft Lower Floor: 650
  • Total Sq Ft: 2735
  • Sq Ft Total Bsmt: 1200

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Foundation Materials: Poured
  • Frontage Feet: 90
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Southfield Public Schools

Lot Info

  • List Price per Acre: 1350000.0000
  • Lot Size Area: 0.28
  • Lot Dimensions: 90x120
  • Parcel Number: 2424156016

Tax Info

  • Tax Amount Summer: 6624.0000
  • Tax Amount Winter: 905.0000
  • Total Tax: 7529.0000
  • Taxable Value: 73580.0000

MLS Schools

  • School District: Southfield Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2019
Closed on
Oct 7, 2019
Sold by
Regal Assets Ii Llc
Bought by
Benjamin Aaron
Seller's Agent
Jeffery Mifsud
Buyers First Realty
Buyer's Agent
Jeffery Mifsud
Buyers First Realty
List Price
$378,000
Sold Price
$368,000
Premium/Discount to List
-$10,000
-2.65%
Current Estimated Value
$466,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,288
Avg. Annual Appreciation
4.38%
Original Mortgage
$342,000
Outstanding Balance
$302,890
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$170,558

Purchase Details

Closed on
Jan 4, 2018
Sold by
Fannie Mae
Bought by
Regal Assets Ii Llc

Purchase Details

Closed on
Mar 7, 2017
Sold by
Faris John J and Faris Elizabeth L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 26, 2006
Sold by
Faris John J and Faris Elizabeth L
Bought by
Faris John J and Faris Elizabeth L
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Benjamin Aaron $368,000 M S Title Agency Llc
Regal Assets Ii Llc $194,775 Servicelink Llc
Federal National Mortgage Association $184,600 None Available
Faris John J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Benjamin Aaron $342,000
Previous Owner Faris John J $192,000
Previous Owner Faris John J $190,000
Previous Owner Faris Elizabeth L $166,750
Previous Owner Faris John J $14,863
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2019 10/07/19 Sold $368,000 -2.6% $135 / Sq Ft
09/01/2019 09/01/19 Pending -- -- --
08/12/2019 08/12/19 For Sale $378,000 -- $138 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,267 $208,490 $0 $0
2023 $8,082 $200,770 $0 $0
2022 $7,493 $169,730 $0 $0
2021 $8,749 $169,060 $0 $0
2020 $7,022 $155,390 $0 $0
2019 $7,967 $124,200 $0 $0
2018 $4,406 $118,390 $0 $0
2017 $5,965 $110,620 $0 $0
2016 $5,598 $99,640 $0 $0
2015 -- $83,680 $0 $0
2014 -- $72,380 $0 $0
2011 -- $78,880 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 219082366

Realcomp

APN: 24-24-156-016