NOT LISTED FOR SALE

18222 Rainbow Fraser, MI 48026

Estimated Value: $243,000 - $261,000

3 Beds
1.5 Baths
1,671 Sq Ft
$150/Sq Ft Est. Value

Last Sold August 08, 2023

Last sale price $230,000 $138 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,798/month

16 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Forced Air Heating and Cooling System
  • Fraser High School Rated 9+
  • 2 Car Detached Garage
  • 5-minute walk to Somerset Pool

About This Home

As of August 2023

Charming Quad-level home located in Venetian Village Subdivision with Fraser schools. Pride in ownership and it shows with its great curb appeal. This beautiful home is just under 1700 SQFT and offers an open concept, perfect for a family. Large kitchen with dining area. Lots of windows to let the natural light come in. All kitchen appliances stay including washer and dryer. Two car detached garage, walk out access off Family Room that leads to a beautiful stamp concrete patio with drain system and a HUGE newer patio door wall. Just off the family room is your laundry area and the 1/2 bath. Nice size fenced yard with tons of privacy. Great for entertaining. Enjoy a cup of coffee and the peace and quiet in the evenings. It is definitely serene. Seller has a green thumb. Large front covered porch, 3 Large bedrooms on second floor with updated Full bath. Full basement with lots of space ready for you to finish it the way you want plus tons of storage space. Quiet neighborhood and close to shopping, restaurants and freeways. Just down a few blocks you will find Somerset Swim Club which is a membership-based club. When you join Somerset Swim Club, you get a fun and safe environment for you and your family to enjoy. The pool water is heated, there is always a lifeguard watching every swimmer, and there is even a newly renovated park next-door. This home just needs your finishing touches to make it your own. This home has been owned by the seller for just over 60 years! Maintained very well over the years. Roof (2013), Siding (2010), Gutters (2011), HWT (2018) and several windows replaced.

Last Agent to Sell the Property

Jennifer Gogo

Realty Professional Group LLC License #6502368050 Listed on: 06/23/2023

Last Buyer's Agent

Michael DesRosiers

EXP Realty LLC License #RCO-6501387970

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1958

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 52.00 x 124.00
  • Fenced

Parking

  • 2 Car Detached Garage

Home Design

  • Split Level Home
  • Quad-Level Property
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,671 Sq Ft Home
  • Ceiling Fan
  • Free-Standing Electric Oven

Bedrooms and Bathrooms

  • 3 Bedrooms

Unfinished Basement

  • Walk-Out Basement
  • Sump Pump

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 1405426014
  • $5,300 Seller Concession

Community Details

Overview

  • No Home Owners Association
  • Venetian Village Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,014

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Split Level
  • Architecture Level: Quad-Level
  • Year Built: 1958
  • State Equalized Value: 88700.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 4

Interior Features

  • Room Count: 10
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished, Walkout Access
  • Kitchen Appliances: Free-Standing Electric Oven, Free-Standing Refrigerator
  • Sq Ft Combined: 1671
  • Total Sq Ft: 1671
  • Sq Ft Total Bsmt: 561

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exterior Features: Fenced
  • Foundation Materials: Block
  • Frontage Feet: 52
  • Porch Type: Porch - Covered, Patio, Porch
  • Road Frontage Type: Paved
  • Fencing: Fenced

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: Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Water at Street
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Fraser

Lot Info

  • Homestead: Yes
  • Lot Size Area: 0.14
  • Lot Dimensions: 52.00 x 124.00
  • Parcel Number: 1405426014

Tax Info

  • Tax Amount Summer: 1909.0000
  • Tax Amount Winter: 105.0000
  • Total Tax: 2014.0000
  • Taxable Value: 41657.0000

MLS Schools

  • School District: Fraser

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2023
Closed on
Aug 8, 2023
Sold by
Henderson Sharron A and Winowiecki By Deborra
Bought by
Fenlason Stephen Andrew and Heflin Brianna
Seller's Agent
Jennifer Gogo
Realty Professional Group LLC
Buyer's Agent
Michael DesRosiers
EXP Realty LLC
List Price
$234,900
Sold Price
$230,000
Premium/Discount to List
-$4,900
-2.09%
Views
180
Current Estimated Value
$251,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,207
Avg. Annual Appreciation
4.74%
Original Mortgage
$223,100
Outstanding Balance
$218,362
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$35,121
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
Fenlason Stephen Andrew $230,000 None Listed On Document
Fenlason Stephen Andrew $230,000 None Listed On Document
Fenlason Stephen Andrew $230,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fenlason Stephen Andrew $223,100
Closed Fenlason Stephen Andrew $223,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2023 08/08/23 Sold $230,000 0.0% $138 / Sq Ft
07/09/2023 07/09/23 Pending -- -- --
07/03/2023 07/03/23 Price Changed $229,900 -2.1% $138 / Sq Ft
06/23/2023 06/23/23 For Sale $234,900 -- $141 / 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 $5,525 $117,600 $0 $0
2024 $5,268 $113,400 $0 $0
2023 $2,048 $104,000 $0 $0
2022 $2,014 $88,700 $0 $0
2021 $1,992 $88,700 $0 $0
2020 $1,921 $82,100 $0 $0
2019 $2,208 $75,400 $0 $0
2018 $2,222 $51,700 $0 $0
2017 $1,908 $44,745 $12,640 $32,105
2016 $1,822 $44,749 $0 $0
2015 -- $40,835 $0 $0
2013 $1,548 $35,739 $0 $0
2011 -- $40,809 $15,079 $25,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230045395

Realcomp

APN: 03-14-05-426-014