NOT LISTED FOR SALE

18116 Rainbow Fraser, MI 48026

Estimated Value: $225,000 - $230,000

3 Beds
1.5 Baths
1,671 Sq Ft
$137/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $220,000 $132 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,523/month

23 Days on Market

Highlights

  • No HOA
  • Porch
  • Forced Air Heating and Cooling System
  • Fraser High School Rated 9+

About This Home

As of July 2024

Charming 3-bedroom tri-level home with a walk-out basement, nestled in a quiet neighborhood. Conveniently located near shopping centers and expressways. Features a spacious, fenced-in yard perfect for outdoor activities. Enjoy two separate living spaces ideal for relaxation and entertainment. Plus, benefit from the peace of mind with a new roof installed in 2018.

Last Agent to Sell the Property

Joshua Buza

GoodHome Realty LLC License #6501458440 Listed on: 05/24/2024

Last Buyer's Agent

Alejandra Walters

License #6501386877

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1957

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 51.00 x 117.00
  • Back Yard Fenced

Home Design

  • Split Level Home
  • Tri-Level Property
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 1,671 Sq Ft Home
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Additional Features

  • Porch
  • Ground Level

Community Details

  • No Home Owners Association
  • Venetian Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1405426008
  • $11,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,776

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Split Level
  • Architecture Level: Tri-Level
  • Assessment: 230.00
  • Year Built: 1957
  • State Equalized Value: 80500.0000
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Family Room
  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Sq Ft Combined: 1671
  • Total Sq Ft: 1671

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Brick
  • Exterior Features: Fenced
  • Frontage Feet: 50
  • Porch Type: Porch
  • Road Frontage Type: Paved
  • Fencing: Back Yard, Fenced

Garage/Parking

  • Garage Size: No Garage

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)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Fraser

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.14
  • Lot Dimensions: 51.00 x 117.00
  • Parcel Number: 1405426008

Tax Info

  • Tax Amount Summer: 3603.0000
  • Tax Amount Winter: 173.0000
  • Total Tax: 3776.0000
  • Taxable Value: 72030.0000

MLS Schools

  • School District: Fraser

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Jul 31, 2024
Sold by
Bierkamp Amber and Morris Keith
Bought by
Anderson Christopher L
Seller's Agent
Joshua Buza
GoodHome Realty LLC
Buyer's Agent
Alejandra Walters
List Price
$220,000
Sold Price
$220,000
Views
70
Current Estimated Value
$228,234

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,234
Avg. Annual Appreciation
3.74%
Original Mortgage
$216,015
Outstanding Balance
$213,871
Interest Rate
7.12%
Mortgage Type
FHA
Estimated Equity
$15,364

Purchase Details

Listed on
Aug 6, 2021
Closed on
Sep 22, 2021
Sold by
Kemmis Diane M and Kemmis Robert Frank
Bought by
Morris Keith and Bierkamp Amber
Seller's Agent
Shawne Schulz
Sine & Monaghan Realtors Real Living LLC ALG
Buyer's Agent
Unidentified Agent
Unidentified Office
List Price
$174,900
Sold Price
$180,000
Premium/Discount to List
$5,100
2.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.27%
Original Mortgage
$176,739
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 25, 1997
Sold by
Blair L and Blair R
Bought by
Kemmis R and Kemmis D
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
Anderson Christopher L $220,000 None Listed On Document
Anderson Christopher L $220,000 None Listed On Document
Morris Keith $180,000 Ata National Title Group Llc
Kemmis R $108,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anderson Christopher L $216,015
Closed Anderson Christopher L $216,015
Previous Owner Morris Keith $15,452
Previous Owner Morris Keith $176,739
Previous Owner Morris Keith $9,000
Previous Owner Kemmis Robert F $63,591
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $220,000 +4.8% $132 / Sq Ft
06/17/2024 06/17/24 Pending -- -- --
06/13/2024 06/13/24 Price Changed $210,000 -2.3% $126 / Sq Ft
05/31/2024 05/31/24 Price Changed $215,000 -2.3% $129 / Sq Ft
05/24/2024 05/24/24 For Sale $220,000 +22.2% $132 / Sq Ft
09/22/2021 09/22/21 Sold $180,000 +2.9% $108 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $174,900 -- $105 / 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
2025 $3,685 $93,800 $0 $0
2024 $3,513 $88,700 $0 $0
2023 $3,603 $80,500 $0 $0
2022 $3,317 $68,600 $0 $0
2021 $2,085 $68,200 $0 $0
2020 $2,010 $63,600 $0 $0
2019 $2,310 $58,400 $0 $0
2018 $2,325 $54,200 $0 $0
2017 $1,996 $46,931 $12,089 $34,842
2016 $1,906 $46,935 $0 $0
2015 -- $42,846 $0 $0
2013 $1,620 $37,400 $0 $0
2011 -- $42,601 $14,421 $28,180
Source: Public Records

Agents Affiliated with this Home

  • Joshua Buza

    Seller's Agent in 2024

    Joshua Buza

    GoodHome Realty LLC

    (586) 601-8885

    1 in this area

    21 Total Sales

    Joshua Buza
    Section Image

  • A

    Buyer's Agent in 2024

    Alejandra Walters

    (888) 883-8509

    1 in this area

    43 Total Sales

    Alejandra Walters
    Section Image

  • S

    Seller's Agent in 2021

    Shawne Schulz

    Sine & Monaghan Realtors Real Living LLC ALG

    Section Image

  • U

    Buyer's Agent in 2021

    Unidentified Agent

    Unidentified Office

See All Agents

Map

Source: Realcomp

MLS Number: 20240034846

Realcomp

APN: 03-14-05-426-008

Michigan Macomb County Fraser 48026

18116 Rainbow, Fraser, MI

This home is located at 18116 Rainbow, Fraser, MI 48026 since 24 May 2024 and is currently estimated at $228,234, approximately $136 per square foot. This property was built in 1957. 18116 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.

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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