NOT LISTED FOR SALE

18151 Rainbow Fraser, MI 48026

Estimated Value: $203,110 - $227,000

3 Beds
1 Bath
933 Sq Ft
$226/Sq Ft Est. Value

Last Sold July 02, 2014

Last sale price $90,000 $96 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $1,346/month

5 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Porch
  • Fraser High School Rated 9+
  • 2 Car Detached Garage
  • Forced Air Heating System

About This Home

As of July 2014

PRIDE OF HOME OWNERSHIP SHOWS IN THIS GREAT BRICK RANCH. ORIGINALLY PURCHASED IN THE 60'S, THE SAME FAMILY HAS OWNED THIS HOME FOR YEARS. UPDATED IN 2011/2012 WITH NEWER KITCHEN, BATH, CARPET AND PAINT. COPPER PLUMBING THROUGHOUT, OVERSIZED 2 CAR GARAGE, WITH POWER, PERFECT FOR MECHANICS. LARGE BRICK YARD.

Last Agent to Sell the Property

William Kaupas

Social Realty LLC License #6502416584 Listed on: 05/28/2014

Last Buyer's Agent

Michael Murphy

Murphy's Realty License #6501296550

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1958 | Remodeled in 2012

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 51.00x123.00
  • Fenced
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

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

Interior Spaces

  • 933 Sq Ft Home
  • Unfinished Basement
  • Sump Pump
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Porch

Utilities

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

Community Details

  • No Home Owners Association
  • Venetian Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1405405066
  • $4,000 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,149

Year Built

Built in 1958 | Remodeled in 2012

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1958
  • Year Renovated: 2012
  • Foundation Features: Sump Pump
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Room Count: 6
  • Total Bedrooms: 3
  • Total Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Disposal
  • Sq Ft Combined: 933
  • Total Sq Ft: 933
  • Sq Ft Total Bsmt: 933

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exterior Features: Fenced
  • Foundation Materials: Poured
  • Frontage Feet: 51
  • Porch Type: Porch
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Detached, Electricity
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • 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: Fraser

Lot Info

  • List Price per Acre: 642142.8571
  • Lot Features: Level
  • Lot Size Area: 0.14
  • Lot Dimensions: 51.00X123.00
  • Parcel Number: 1405405066

Tax Info

  • Tax Amount Summer: 2109.0000
  • Tax Amount Winter: 40.0000
  • Total Tax: 2149.0000

MLS Schools

  • School District: Fraser

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2014
Closed on
Jul 17, 2014
Sold by
Chester Robert E
Bought by
Massad Dawn M
Seller's Agent
William Kaupas
Social Realty LLC
Buyer's Agent
Michael Murphy
Murphy's Realty
List Price
$89,900
Sold Price
$90,000
Premium/Discount to List
$100
0.11%
Current Estimated Value
$211,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,278
Avg. Annual Appreciation
7.74%
Original Mortgage
$88,369
Outstanding Balance
$67,996
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$139,174

Purchase Details

Closed on
Aug 21, 1986
Sold by
Chester Elmer J
Bought by
Chester Robert E
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
Massad Dawn M $90,000 --
Chester Robert E -- Philip F Greco Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Massad Dawn M $88,369
Closed Massad Dawn M $88,369
Previous Owner Chester Robert E $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2014 07/02/14 Sold $90,000 +0.1% $96 / Sq Ft
06/02/2014 06/02/14 Pending -- -- --
05/28/2014 05/28/14 For Sale $89,900 -- $96 / 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 $2,448 $87,600 $0 $0
2024 $2,334 $82,200 $0 $0
2023 $2,241 $77,600 $0 $0
2022 $2,203 $66,900 $0 $0
2021 $2,179 $64,000 $0 $0
2020 $2,102 $61,500 $0 $0
2019 $2,415 $55,700 $0 $0
2018 $2,431 $53,200 $0 $0
2017 $2,087 $47,786 $12,395 $35,391
2016 $1,993 $47,772 $0 $0
2015 -- $40,355 $0 $0
2013 $2,109 $34,306 $0 $0
2011 -- $38,185 $14,786 $23,399
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2014

    William Kaupas

    Social Realty LLC

    Section Image

  • M

    Buyer's Agent in 2014

    Michael Murphy

    Murphy's Realty

    Section Image
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Map

Source: Realcomp

MLS Number: 214049833

Realcomp

APN: 03-14-05-405-066

Michigan Macomb County Fraser 48026

18151 Rainbow, Fraser, MI

This home is located at 18151 Rainbow, Fraser, MI 48026 since 28 May 2014 and is currently estimated at $211,278, approximately $226 per square foot. This property was built in 1958. 18151 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
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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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