NOT LISTED FOR SALE

17560 Rainbow Dr Lathrup Village, MI 48076

Estimated Value: $348,000 - $361,000

3 Beds
2.5 Baths
1,693 Sq Ft
$209/Sq Ft Est. Value

Last Sold April 01, 2020

Last sale price $279,000 $165 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,432/month

10 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 April 2020

JUST LIKE BUYING A NEW HOME, UPDATES GALORE THROUGHOUT. THE LIST IS ENDLESS... NEW KITCHEN WITH SOFT TOUCH CABINETS AND GRANITE COUNTER TOPS, NEW HARDWOOD FLOORING THROUGHOUT, NEW LIGHT FIXTURES, NEW STEEL SECURITY DOORS, 6 PANEL INTERIOR DOORS, NEW FURNACE W/ C/A, NATURAL FIRE PLACE, RECESSED LIGHTS, EGRESS WINDOW IN THE BASEMENT, PAVER PATIO, NEW ROOF, SPACIOUS BACKYARD, EXTRA LONG 50 FT DRIVEWAY. KEYS AT CLOSING!

Last Agent to Sell the Property

Tony Olvera

RE/MAX First Shelby License #6501259528 Listed on: 03/07/2020

RE/MAX First Shelby

Last Buyer's Agent

Diana Morning

Key Realty One License #6501418509

Key Realty One

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1972

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 81x150

Home Design

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

Interior Spaces

  • 1,693 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Family Room with Fireplace
  • Unfinished Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Ground Level

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 2424153027
  • $6,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,262

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1972
  • State Equalized Value: 91040.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Room Count: 9
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Dishwasher, Disposal
  • Sq Ft Combined: 1693
  • Total Sq Ft: 1693
  • Sq Ft Total Bsmt: 800

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Frontage Feet: 81
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Door Opener, Electricity
  • 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

  • Homestead: Yes
  • List Price per Acre: 1119600.0000
  • Lot Size Area: 0.25
  • Lot Dimensions: 81X150
  • Parcel Number: 2424153027

Tax Info

  • Tax Amount Summer: 2637.0000
  • Tax Amount Winter: 625.0000
  • Total Tax: 3262.0000
  • Taxable Value: 57900.0000

MLS Schools

  • School District: Southfield Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2020
Closed on
Mar 31, 2020
Sold by
Home Towne Properties Llc
Bought by
Moore Laronda
Seller's Agent
Tony Olvera
RE/MAX First Shelby
Buyer's Agent
Diana Morning
Key Realty One
List Price
$279,900
Sold Price
$279,000
Premium/Discount to List
-$900
-0.32%
Current Estimated Value
$354,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,389
Avg. Annual Appreciation
4.48%
Original Mortgage
$270,630
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2019
Sold by
Smith Latanya
Bought by
Home Towne Properties Llc

Purchase Details

Closed on
Nov 21, 2012
Sold by
Mckinney Delano and Mckinney Michelle
Bought by
Smith Latanya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,844
Interest Rate
3.38%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 14, 2012
Sold by
Mckinney Delano and Washington Mutual Bank Fa
Bought by
Us Bank National Association

Purchase Details

Closed on
Sep 11, 2006
Sold by
Hud
Bought by
Mckinney Delano

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.58%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 18, 2005
Sold by
Wells Fargo Bank Na
Bought by
Secretary Of Housing And Urban Developme

Purchase Details

Closed on
Jan 11, 2005
Sold by
Webster Chiquita C and Rogers Clabron L
Bought by
Wells Fargo Bank Na and Wells Fargo Home Mortgage Inc

Purchase Details

Closed on
Jun 2, 1997
Sold by
Shahid Hakim W
Bought by
Webster Chiquita C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,072
Interest Rate
8.13%
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
Moore Laronda $279,000 Chirco Title Agency Inc
Home Towne Properties Llc $142,500 Red Carpet Titleagency Llc
Smith Latanya $119,000 Fidelity Natl Title Ins Co
Us Bank National Association $67,738 None Available
Mckinney Delano $145,000 None Available
Secretary Of Housing And Urban Developme -- None Available
Wells Fargo Bank Na $145,675 --
Webster Chiquita C $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moore Laronda $273,476
Closed Moore Laronda $273,476
Previous Owner Moore Laronda $270,630
Previous Owner Smith Latanya $12,009
Previous Owner Smith Latanya $116,844
Previous Owner Mckinney Delano $169,600
Previous Owner Mckinney Delano $116,000
Previous Owner Mckinney Delano $29,000
Previous Owner Webster Chiquita C $135,072
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2020 04/01/20 Sold $279,000 -0.3% $165 / Sq Ft
03/17/2020 03/17/20 Pending -- -- --
03/07/2020 03/07/20 For Sale $279,900 -- $165 / 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 $6,529 $157,860 $0 $0
2023 $6,383 $151,620 $0 $0
2022 $5,918 $128,540 $0 $0
2021 $7,019 $126,400 $0 $0
2020 $4,583 $98,250 $0 $0
2019 $3,262 $91,040 $0 $0
2018 $3,335 $87,470 $0 $0
2017 $3,293 $81,810 $0 $0
2016 $3,292 $73,910 $0 $0
2015 -- $63,480 $0 $0
2014 -- $55,180 $0 $0
2011 -- $60,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200019028

Realcomp

APN: 24-24-153-027