NOT LISTED FOR SALE

18050 Rainbow Fraser, MI 48026

Estimated Value: $233,629 - $272,000

3 Beds
2 Baths
1,597 Sq Ft
$155/Sq Ft Est. Value

Last Sold December 15, 2014

Last sale price $118,000 $74 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $1,571/month

About This Home

As of December 2014

Beautiful Updated Home, Fraser Award Winning Schools! New roof 10/2014 New Garage Roof 10/14, Newer Vinyl siding, and Trim, Newer Hot Water Tank, Newer Lighting Fixtures Thru out, 2 Full Baths, Remodel, Freshly Painted Thru out. Large updated Kitchen, newer sink, faucet, tiled back splash, including Stainless Steel Appliances, also included are the Washer and Dryer. Huge Living Room with Cathedral Ceilings. 3 Spacious Bedrooms with plenty of closet space, wood floors, Attic area for storage. Lower Level Laundry Room, with storage, Full Bath totally remolded , Family Room leading out to a beautiful brick paver patio. Private yard with privacy fence, lush landscaping. 2 Car Garage with plenty of storage. Outside Motion Sensory Lighting for extra comfort. Possession could be sooner !!! Purchase of a Home Protection Plan will be done through Century 21 Town & Country.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2014
Closed on
Nov 13, 2014
Sold by
Hernandez Luis and Sidas Hernandez Maria C
Bought by
Khan Ali A
Seller's Agent
Mary Anne Russo
Century 21 Professionals Clinton
Buyer's Agent
Karen Ruggiero
Realty Executives Home Towne Shelby
List Price
$123,000
Sold Price
$118,000
Premium/Discount to List
-$5,000
-4.07%
Current Estimated Value
$247,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,157
Avg. Annual Appreciation
7.13%
Original Mortgage
$90,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 21, 2012
Closed on
Jun 7, 2012
Sold by
Fannie Mae
Bought by
Hernandez Luis
Seller's Agent
Donna Mazur
Century 21 Collins-Warren
Buyer's Agent
. Non Mls Member
NON MLS MEMBER
List Price
$68,900
Sold Price
$70,000
Premium/Discount to List
$1,100
1.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.92%
Original Mortgage
$63,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2011
Sold by
Bank Of America Na
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Aug 25, 2011
Sold by
Martin William H and Martin Christine S
Bought by
Bank Of America Na
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Khan Ali A $118,000 None Available
Hernandez Luis $70,000 Attorneys Title Agency Llc
Fannie Mae -- None Available
Bank Of America Na $103,705 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Ali A $55,000
Previous Owner Khan Ali A $90,000
Previous Owner Hernandez Luis $63,000
Previous Owner Martin William $42,200
Previous Owner Martin William H $108,500
Previous Owner Martin William H $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2014 12/15/14 Sold $118,000 -4.1% $74 / Sq Ft
11/10/2014 11/10/14 Pending -- -- --
10/25/2014 10/25/14 For Sale $123,000 +75.7% $77 / Sq Ft
06/06/2012 06/06/12 Sold $70,000 +1.6% $44 / Sq Ft
03/29/2012 03/29/12 Pending -- -- --
03/21/2012 03/21/12 For Sale $68,900 -- $43 / Sq Ft

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
2025 $2,811 $98,900 $0 $0
2024 $2,680 $93,700 $0 $0
2023 $2,573 $84,800 $0 $0
2022 $2,530 $72,100 $0 $0
2021 $2,503 $71,800 $0 $0
2020 $2,413 $66,900 $0 $0
2019 $2,762 $62,800 $0 $0
2018 $2,780 $58,400 $0 $0
2017 $2,387 $50,532 $12,050 $38,482
2016 $2,279 $50,538 $0 $0
2015 -- $46,159 $0 $0
2013 $1,739 $40,163 $0 $0
2011 -- $44,774 $14,375 $30,399
Source: Public Records

Agents Affiliated with this Home

  • Mary Anne Russo

    Seller's Agent in 2014

    Mary Anne Russo

    Century 21 Professionals Clinton

    (586) 945-8611

    26 Total Sales

    Mary Anne Russo
    Section Image
  • Karen Ruggiero

    Buyer's Agent in 2014

    Karen Ruggiero

    Realty Executives

    (586) 932-8516

    17 Total Sales

    Karen Ruggiero
    Section Image

  • D

    Seller's Agent in 2012

    Donna Mazur

    Century 21 Collins-Warren

  • .

    Buyer's Agent in 2012

    . Non Mls Member

    NON MLS MEMBER

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Map

Michigan Macomb County Fraser 48026

18050 Rainbow, Fraser, MI

This home is located at 18050 Rainbow, Fraser, MI 48026 and is currently estimated at $247,157, approximately $154 per square foot. 18050 Rainbow is a home located in Macomb County with nearby schools including Eisenhower Elementary School, Richards Middle School, and Fraser High School.

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.

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