NOT LISTED FOR SALE

18130 Rainbow Dr Lathrup Village, MI 48076

Estimated Value: $277,000 - $372,000

3 Beds
2 Baths
1,632 Sq Ft
$203/Sq Ft Est. Value

Last Sold May 16, 2018

Last sale price $265,000 $162 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,277/month

4 Days on Market

Highlights

  • Ranch Style House
  • Covered Patio or Porch
  • Forced Air Heating System
  • No HOA
  • 2 Car Attached Garage
  • Ceiling Fan

About This Home

As of May 2018

18130 Rainbow is a fully renovated ranch in desirable Lathrup Village. Come see the gorgeous renovations which include new windows, totally renovated bathroom and a finished basement. From the captivating kitchen with stainless steel appliances and high quality fantasy brown granite, to the gorgeous fireplace and elegant living room, you won’t find another home like it in Lathrup Village.

Last Agent to Sell the Property

Jeffery Mifsud

Buyers First Realty License #6502138747 Listed on: 03/22/2018

Last Buyer's Agent

Non Participant

Non Realcomp Office License #RCO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1971 | Remodeled in 2018

Lot Details

  • 0.25

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,632 Sq Ft Home
  • Ceiling Fan
  • Family Room with Fireplace
  • Partially Finished Basement

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Covered Patio or Porch
  • 0.25 Acre Lot

Community Details

  • No Home Owners Association
  • Louise Lathrup's California Bungalow Sub No 4 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2423279007

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,694

Year Built

Built in 1971 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Assessment: 700.29
  • Year Built: 1971
  • Year Renovated: 2018
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Family Room
  • Room Count: 8
  • Total Bedrooms: 3
  • Total Bathrooms: 2.00
  • Full Bathrooms: 2
  • Basement: Yes
  • Basement Type: Partially Finished
  • Kitchen Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Range/Stove
  • Sq Ft Combined: 2332
  • Sq Ft Lower Floor: 700
  • Total Sq Ft: 1632
  • Sq Ft Total Bsmt: 1300

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Foundation Materials: Poured
  • Frontage Feet: 40
  • Porch Type: Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

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

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s)
  • 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

  • List Price per Acre: 1039600.0000
  • Lot Size Area: 0.25
  • Lot Dimensions: Irregular
  • Parcel Number: 2423279007

Tax Info

  • Tax Amount Summer: 3101.0000
  • Tax Amount Winter: 593.0000
  • Total Tax: 3694.0000

MLS Schools

  • School District: Southfield Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2018
Closed on
May 16, 2018
Sold by
Regal Assets Ii Llc
Bought by
Scott Lee
Seller's Agent
Jeffery Mifsud
Buyers First Realty
Buyer's Agent
Non Participant
Non Realcomp Office
List Price
$259,900
Sold Price
$265,000
Premium/Discount to List
$5,100
1.96%
Current Estimated Value
$330,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,676
Avg. Annual Appreciation
3.06%
Original Mortgage
$260,200
Outstanding Balance
$230,382
Interest Rate
5.62%
Mortgage Type
FHA
Estimated Equity
$100,294

Purchase Details

Closed on
Oct 24, 2017
Sold by
Dowdell Kathleen
Bought by
Regal Assets Ii Llc

Purchase Details

Closed on
Mar 20, 2007
Sold by
Colvard Shirley and Ratliff Michael
Bought by
Us Bank Na and Csab Mortgage Backed Pass Through Certif

Purchase Details

Closed on
Sep 7, 2004
Sold by
Larkins Patricia J
Bought by
Household Finance Corp Iii

Purchase Details

Closed on
Jan 29, 1996
Sold by
Schkoor Karieem
Bought by
Wilks Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,494
Interest Rate
7.11%
Source: Public Records

Range of Values:

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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
Scott Lee $265,000 Ms Title Agency Llc
Regal Assets Ii Llc $140,000 Devon Title Agency
Us Bank Na $170,769 None Available
Household Finance Corp Iii $166,060 --
Wilks Patricia J $128,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Lee $76,037
Open Scott Lee $260,200
Previous Owner Dowdell Kathleen P $10,905
Previous Owner Colvard Shirley $160,000
Previous Owner Colvard Shirley $30,000
Previous Owner Ratliff Michael $164,697
Previous Owner Wilks Patricia J $106,494
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2018 05/16/18 Sold $265,000 +2.0% $162 / Sq Ft
03/26/2018 03/26/18 Pending -- -- --
03/22/2018 03/22/18 For Sale $259,900 -- $159 / 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 $6,181 $169,330 $0 $0
2023 $6,544 $162,790 $0 $0
2022 $5,603 $137,860 $0 $0
2021 $6,542 $136,210 $0 $0
2020 $5,828 $123,440 $0 $0
2019 $6,425 $114,040 $0 $0
2018 $4,765 $80,800 $0 $0
2017 $3,698 $75,540 $0 $0
2016 $2,997 $68,250 $0 $0
2015 -- $57,570 $0 $0
2014 -- $50,070 $0 $0
2011 -- $55,690 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeffery Mifsud

    Seller's Agent in 2018

    Jeffery Mifsud

    Buyers First Realty

    (248) 234-1750

    3 in this area

    66 Total Sales

    Jeffery Mifsud
    Section Image

  • N

    Buyer's Agent in 2018

    Non Participant

    Non Realcomp Office

  • U

    Buyer's Agent in 2018

    Unidentified Agent

    Unidentified Office

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Map

Source: Realcomp

MLS Number: 218023239

Realcomp

APN: 24-23-279-007

Michigan Oakland County Lathrup Village 48076

18130 Rainbow Dr, Lathrup Village, MI

This home is located at 18130 Rainbow Dr, Lathrup Village, MI 48076 since 22 March 2018 and is currently estimated at $330,676, approximately $202 per square foot. This property was built in 1971. 18130 Rainbow Dr is a home located in Oakland County with nearby schools including Alice M. Birney K-8 School, Mcintyre Elementary School, and Crescent Academy Pk-1.

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
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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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