NOT LISTED FOR SALE

18176 Rainbow Fraser, MI 48026

Estimated Value: $251,000 - $291,000

3 Beds
1.5 Baths
2,397 Sq Ft
$113/Sq Ft Est. Value

Sale Details

Date Sold: February 27, 2015

Last sale price $158,500 $66 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $1,776 / mo

264 Days on Market

Highlights

  • No HOA
  • Porch
  • Air Purifier
  • 2 Car Detached Garage
  • Wet Bar
  • Forced Air Heating and Cooling System

About This Home

As of February 2015

Beautiful one of a kind Tri-Level home in Fraser's desirable Venetian Village. Featuring 2397 sq ft, 3 bedrooms, 1 1/2 baths. Completely remodeled kitchen with new cherry wood cabinets, granite counters, under mount sink, dishwasher, microwave, and ceramic tile floors. Everything new from trim, paint, carpet, & fixtures. Spacious master bedroom with a dressing/sitting area. Lower level family room with natural fireplace & remodeled wet bar. Quiet neighborhood. Walking distance to Eisenhower Elementary. Buyer to be charge $399 fee at closing.

Last Agent to Sell the Property

Melanie Lovati

Temporary Inactive Users License #6501240290 Listed on: 04/25/2014

Last Buyer's Agent

James Ray

Select Real Estate Professionals License #6502424357

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1957 | Remodeled in 2014

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 51.00x125.00
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Tri-Level Property
  • Brick Exterior Construction
  • Slab Foundation
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,397 Sq Ft Home
  • Wet Bar
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

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

Additional Features

  • Air Purifier
  • Porch

Community Details

  • No Home Owners Association
  • Venetian Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1405426012

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,402

Year Built

Built in 1957 | Remodeled in 2014

Lot Details

6,534 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Architecture Level: Tri-Level
  • Year Built: 1957
  • Year Renovated: 2014
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Air Purifier, Humidifier, Wet Bar
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Kitchen Appliances: Dishwasher, Disposal, Microwave
  • Total Sq Ft: 2397

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Poured
  • Porch Type: Porch
  • Road Frontage Type: Paved
  • Sideof Street: S

Garage/Parking

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

Utilities

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

Lot Info

  • List Price per Acre: 1099333.3333
  • Lot Size Area: 0.15
  • Lot Dimensions: 51.00X125.00
  • Parcel Number: 1405426012

Tax Info

  • Tax Amount Summer: 3320.7000
  • Tax Amount Winter: 81.7200
  • Total Tax: 3402.4200

MLS Schools

  • School District: Fraser

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 25, 2014
Closed on
Feb 26, 2015
Sold by
Bought by
Seller's Agent
Melanie Lovati
Temporary Inactive Users
Buyer's Agent
James Ray
Select Real Estate Professionals
List Price
$213,900
Sold Price
$158,500
Premium/Discount to List
-$55,400
-25.9%
Current Estimated Value
$270,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,923
Avg. Annual Appreciation
4.85%
Original Mortgage
$126,800
Outstanding Balance
$97,295
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$173,128

Purchase Details

Listed on
Apr 29, 2013
Closed on
Aug 28, 2013
Sold by
Bought by
Seller's Agent
Joel Root
Keller Williams Realty Lakeside
Buyer's Agent
Melanie Lovati
Innovation Real Estate Specialists Inc.
List Price
$149,900
Sold Price
$95,000
Premium/Discount to List
-$54,900
-36.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.32%

Purchase Details

Closed on
Feb 22, 2013
Sold by
Bought by

Purchase Details

Closed on
Aug 7, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.56%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$158,500 Fidelity Natl Title Co Llc
$95,000 None Available
$128,312 None Available
$169,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $126,800
Previous Owner $70,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/27/2015 02/27/15 Sold $158,500 0.0% $66 / Sq Ft
02/26/2015 02/26/15 Sold $158,500 -25.9% $66 / Sq Ft View Prior Sale
01/14/2015 01/14/15 Pending -- -- --
01/14/2015 01/14/15 Pending -- -- --
06/12/2014 06/12/14 For Sale $213,900 0.0% $89 / Sq Ft
04/25/2014 04/25/14 For Sale $213,900 +125.2% $89 / Sq Ft
09/05/2013 09/05/13 Sold $95,000 -36.6% $40 / Sq Ft View Prior Sale
08/21/2013 08/21/13 Pending -- -- --
04/29/2013 04/29/13 For Sale $149,900 -- $63 / Sq Ft
Source: Realcomp

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,792 $127,000 $0 $0
2024 $37 $120,700 $0 $0
2023 $3,546 $110,800 $0 $0
2022 $3,486 $94,400 $0 $0
2021 $3,448 $94,900 $0 $0
2020 $3,325 $87,900 $0 $0
2019 $3,744 $82,600 $0 $0
2018 $3,768 $73,100 $0 $0
2017 $3,235 $62,493 $12,495 $49,998
2016 $3,089 $62,739 $0 $0
2015 -- $57,325 $0 $0
2013 $2,131 $49,200 $0 $0
2011 -- $55,193 $14,906 $40,287
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Melanie Lovati

    Temporary Inactive Users

    Section Image
  • James Ray

    Buyer's Agent in 2015

    James Ray

    Select Real Estate Professionals

    (586) 788-0711

    2 in this area

    122 Total Sales

    James Ray
    Section Image

  • J

    Seller's Agent in 2013

    Joel Root

    Keller Williams Realty Lakeside

    Section Image

  • L

    Seller Co-Listing Agent in 2013

    Lisa Rush

    Keller Williams Realty Lakeside

    Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 214036698

Realcomp

APN: 03-14-05-426-012

Michigan Macomb County Fraser 48026

18176 Rainbow, Fraser, MI

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 2026 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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