NOT LISTED FOR SALE

18127 Rainbow Fraser, MI 48026

Estimated Value: $223,000 - $251,000

3 Beds
2 Baths
2,016 Sq Ft
$119/Sq Ft Est. Value

Last Sold December 01, 2023

Last sale price $235,000 $117 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,853/month

4 Days on Market

Highlights

  • Ranch Style House
  • Cathedral Ceiling
  • Fenced Yard
  • Fraser High School Rated 9+
  • Great Room
  • 2.5 Car Detached Garage

About This Home

As of December 2023

Multiple offers received. sellers will make a decision at noon on Sunday Nov-12th. thank you all for showing the house. Welcome to this very well maintained 3 bedroom, 2 full bathroom (full bathroom in the basement), 1200 sqft ranch home featuring tons of upgrades and ready for it's new owner. Newer roof (2017), HWT (2010), Furnace (2014), bathroom remodel (2018), and kitchen remodeled (2009). Open floor concept with a beautiful 18x20 - 4 season room with windows all around. You won't want to miss this one!

Last Agent to Sell the Property

Loren Shalom

Real Estate One Sterling Heights License #MISPE-6501432147 Listed on: 11/08/2023

Real Estate One Sterling Heights

Last Buyer's Agent

Vasilis Kontoudis

Epique Inc. License #MISPE-6501395949

Epique Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1960

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 48x126
  • Fenced Yard

Parking

  • 2.5 Car Detached Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Vinyl Siding

Interior Spaces

  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Great Room
  • Living Room
  • Laminate Flooring
  • Finished Basement
  • Sump Pump

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Humidifier
  • Vented Exhaust Fan
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Venetian Village Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 03-14-05-405-064

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,311

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Architecture Style: Ranch
  • Structure Style: 1 Story
  • Flood Plain: Unknown
  • Total Tax Amount: 2311
  • Year Built: 1960
  • Mail City: Fraser
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cathedral/Vaulted Ceiling, Sump Pump, Window Treatment(s)
  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Basement: Yes
  • Basement: Finished, Poured
  • Bedrooms: 3
  • Bedroom 1: On 1st Floor, Dimensions: 11 x 11
  • Bedroom 1 Floor Covering: Laminate
  • Bedroom 2: On 1st Floor, Dimensions: 10 x 11
  • Bedroom 2 Floor Covering: Laminate
  • Bedroom 3: On 1st Floor, Dimensions: 9 x 11
  • Bedroom 3 Floor Covering: Laminate
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Bathroom 1: Dimensions: 7 x 5, On Level: First, Flooring: Ceramic
  • Bathroom 2: Dimensions: 6 x 8, On Level: Basement, Flooring: Ceramic
  • Room Types: First Floor Bedroom, First Flr Primary Bedroom, Great Room, Living Room, Basement Full Bath, First Flr Full Bathroom
  • Great Room: On 1st Floor, Dimensions: 18 x 20
  • Great Room Floor Covering: Laminate
  • Kitchen: On 1st Floor, Dimensions: 8 x 11
  • Kitchen Floor Covering: Laminate
  • Laundry: In Basement, Dimensions: 8 x 15
  • Living Room: On 1st Floor, Dimensions: 12 x 16
  • Living Room Floor Covering: Laminate
  • Below Grade Sq Ft: 816
  • Finished Below Grade Sq Ft: 816
  • Above Grade Finished Sq Ft: 1200
  • Total Finished Sq Ft: 2016

Exterior Features

  • Exterior: Brick, Vinyl Siding
  • Exterior Features: Fenced Yard, Patio, Porch
  • Foundation: Basement
  • Frontage: 48
  • Road: Paved Street
  • Frontage Type: Road

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2.5
  • Parking: Garage
  • Garage: Yes

Utilities

  • Heating: Forced Air, Humidifier
  • Heating Fuel: Natural Gas
  • Sewer: Public Sanitary
  • Water: Public Water
  • Water Heater: Gas
  • Cooling: Ceiling Fan(s), Central A/C, Exhaust Fan

Lot Info

  • Assessor Parcel Number: 03-14-05-405-064
  • Lot Dimensions: 48x126
  • Acreage: 0.14
  • Geo Subdivision: MI
  • Site/Lot Features: Subdivision, Sidewalks

Tax Info

  • Summer Tax: Year: 2023, Amount: $2,198.00
  • Winter Tax: Year: 2022, Amount: $113.00
  • Total Tax: Amount: $2,311.00

MLS Schools

  • School District: Fraser Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2023
Closed on
Nov 30, 2023
Sold by
Michael And Donna M Hamel Living Trust
Bought by
Macgillivray James and Macgillivray Patricia
Seller's Agent
Loren Shalom
Real Estate One Sterling Heights
Buyer's Agent
Vasilis Kontoudis
Epique Inc.
List Price
$224,900
Sold Price
$235,000
Premium/Discount to List
$10,100
4.49%
Views
165
Current Estimated Value
$240,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,024
Avg. Annual Appreciation
1.02%

Purchase Details

Closed on
Nov 13, 2017
Sold by
Hamel Michael P and Hamel Donna M
Bought by
Hamel Michael and Hamel Donna M

Purchase Details

Closed on
Jul 28, 1995
Sold by
Delaney R and Delaney G
Bought by
Hamel M and Hamel D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Macgillivray James $235,000 Title Plus
Macgillivray James $235,000 Title Plus
Hamel Michael -- None Available
Hamel M $97,900 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2023 12/01/23 Sold $235,000 +4.5% $117 / Sq Ft
11/12/2023 11/12/23 Pending -- -- --
11/08/2023 11/08/23 For Sale $224,900 -- $112 / Sq Ft
Source: Michigan Multiple Listing Service

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 $7,183 $115,100 $0 $0
2024 $6,987 $108,100 $0 $0
2023 $2,198 $87,600 $0 $0
2022 $2,161 $74,700 $0 $0
2021 $2,137 $71,700 $0 $0
2020 $2,061 $68,800 $0 $0
2019 $2,369 $63,600 $0 $0
2018 $2,384 $60,500 $0 $0
2017 $2,046 $54,030 $12,348 $41,682
2016 $1,954 $54,014 $0 $0
2015 -- $45,497 $0 $0
2013 $1,660 $38,340 $0 $0
2011 -- $42,190 $14,730 $27,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 50127253

Michigan Multiple Listing Service

APN: 03-14-05-405-064