NOT LISTED FOR SALE

17540 Rainbow Dr Lathrup Village, MI 48076

Estimated Value: $306,000 - $331,595

3 Beds
2.5 Baths
1,804 Sq Ft
$178/Sq Ft Est. Value

Last Sold January 25, 2023

Last sale price $252,000 $140 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,321/month

94 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Forced Air Heating System
  • Ground Level Unit
  • 2 Car Attached Garage

About This Home

As of January 2023

When you pull into your garage on Rainbow, you will know you are home. The curb appeal will make you the envy of your friends and family! Summer gatherings are a breeze with your long winding driveway and spacious backyard, complete with a private patio area. The basement is massive; it can become a he-cave, a she-cave, and a play area simultaneously. Put your personal touches on Rainbow so you can call this house home, and get your keys at closing!

Last Agent to Sell the Property

David Fisher

Keller Williams Advantage License #6501377655 Listed on: 09/17/2022

Keller Williams Advantage

Last Buyer's Agent

Jeffery Mifsud

Buyers First Realty License #RCO-6502138747

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1971

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 140x120

Parking

  • 2 Car Attached Garage

Home Design

  • 1,804 Sq Ft Home
  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Ground Level Unit

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Partially Finished Basement

Community Details

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

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 2424153029

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,225

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Warranty: Yes
  • Year Built: 1971
  • State Equalized Value: 123770.0000
  • Entry Location: Ground Level
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Partially Finished
  • Sq Ft Combined: 2504
  • Sq Ft Lower Floor: 700
  • Total Sq Ft: 1804
  • Sq Ft Total Bsmt: 1804

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 100
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Southfield Public Schools

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.28
  • Lot Dimensions: 140x120
  • Parcel Number: 2424153029

Tax Info

  • Tax Amount Summer: 2823.0000
  • Tax Amount Winter: 402.0000
  • Total Tax: 3225.0000
  • Taxable Value: 61320.0000

MLS Schools

  • School District: Southfield Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2022
Closed on
Jan 24, 2023
Sold by
Walker Evelyn
Bought by
Abraham Joshua
Seller's Agent
David Fisher
Keller Williams Advantage
Buyer's Agent
Jeffery Mifsud
Buyers First Realty
List Price
$300,000
Sold Price
$252,000
Premium/Discount to List
-$48,000
-16%
Total Days on Market
94
Views
287
Current Estimated Value
$320,399

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,399
Avg. Annual Appreciation
10.76%
Original Mortgage
$247,435
Outstanding Balance
$240,987
Interest Rate
6.31%
Mortgage Type
FHA
Estimated Equity
$79,412

Purchase Details

Closed on
Sep 1, 2009
Sold by
Walker Alton and Walker Evelyn
Bought by
Walker Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
5.32%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
May 8, 2007
Sold by
Humes Aaron
Bought by
Hsbc Bank Usa Na and Registered Holders Of Ace Securities Cor

Purchase Details

Closed on
Feb 23, 2005
Sold by
Jones Robert
Bought by
Humes Aaron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.49%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 26, 2004
Sold by
Jones Robert
Bought by
Deutsche Bank Trust Co Americas and Bankers Trust Co

Purchase Details

Closed on
Apr 27, 2004
Sold by
Jones Robert
Bought by
Deutsche Bank Trust Co Americas and Bankers Trust Co

Purchase Details

Closed on
Sep 24, 1999
Sold by
Olson Joyce A
Bought by
Jones Robert
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Abraham Joshua $252,000 --
Walker Evelyn -- None Available
Hsbc Bank Usa Na $188,709 None Available
Humes Aaron $210,000 --
Deutsche Bank Trust Co Americas $180,000 --
Deutsche Bank Trust Co Americas $175,000 --
Jones Robert $168,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Abraham Joshua $247,435
Previous Owner Walker Evelyn $187,500
Previous Owner Walker Alton $7,982
Previous Owner Humes Aaron $168,000
Previous Owner Humes Aaron $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2023 01/25/23 Sold $252,000 -6.7% $140 / Sq Ft
12/20/2022 12/20/22 Pending -- -- --
12/01/2022 12/01/22 Price Changed $270,000 -3.5% $150 / Sq Ft
10/28/2022 10/28/22 Price Changed $279,900 0.0% $155 / Sq Ft
10/21/2022 10/21/22 Price Changed $280,000 -3.4% $155 / Sq Ft
09/28/2022 09/28/22 Price Changed $290,000 -3.3% $161 / Sq Ft
09/17/2022 09/17/22 For Sale $300,000 -- $166 / 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 $7,454 $161,780 $0 $0
2023 $3,045 $145,490 $0 $0
2022 $2,823 $123,770 $0 $0
2021 $3,297 $121,230 $0 $0
2020 $2,646 $109,090 $0 $0
2019 $3,238 $101,130 $0 $0
2018 $3,310 $87,720 $0 $0
2017 $3,268 $82,060 $0 $0
2016 $3,267 $74,190 $0 $0
2015 -- $62,670 $0 $0
2014 -- $54,570 $0 $0
2011 -- $60,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Fisher

    Seller's Agent in 2023

    David Fisher

    Keller Williams Advantage

    (248) 834-7226

    7 in this area

    100 Total Sales

    David Fisher
    Section Image
  • Jeffery Mifsud

    Buyer's Agent in 2023

    Jeffery Mifsud

    Buyers First Realty

    (248) 234-1750

    3 in this area

    73 Total Sales

    Jeffery Mifsud
    Section Image
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Map

Source: Realcomp

MLS Number: 20221042809

Realcomp

APN: 24-24-153-029

Michigan Oakland County Lathrup Village 48076

17540 Rainbow Dr, Lathrup Village, MI

This home is located at 17540 Rainbow Dr, Lathrup Village, MI 48076 since 17 September 2022 and is currently estimated at $320,399, approximately $177 per square foot. This property was built in 1971. 17540 Rainbow Dr is a home located in Oakland County with nearby schools including Thompson K-8 International Baccalaureate Academy, Crescent Academy Pk-1, and Dr. Joseph F. Pollack Academic Center Of Excellence.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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