NOT LISTED FOR SALE

18229 Rainbow Fraser, MI 48026

Fraser Area

Estimated Value: $237,000 - $254,174

3 Beds
2 Baths
1,221 Sq Ft
$200/Sq Ft Est. Value

Sale Details

Date Sold: May 31, 2016

Last sale price $113,900 $93 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $1,803 / mo

27 Days on Market

Highlights

  • 2 Car Detached Garage
  • 1-Story Property
  • 5-minute walk to Somerset Pool
  • Porch
  • Forced Air Heating System

About This Home

As of May 2016

Excellent opportunity!! Brick ranch on a big lot in a great neighborhood! Newer roof and windows. 2 full baths. Big kitchen. Hardwood floors. Nice curb appeal! Priced to sell!

Last Agent to Sell the Property

Mark Reling

Market Value Property Specialists LTD License #MISPE-6502121023 Listed on: 03/29/2016

Last Buyer's Agent

. Non Mls Member

NON MLS Member License #MISPE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 12,632 Sq Ft Lot
  • Lot Dimensions are 79x160

Parking

  • 2 Car Detached Garage

Interior Spaces

  • 1,221 Sq Ft Home
  • 1-Story Property
  • Partially Finished Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Porch
  • Forced Air Heating System

Community Details

  • Venetian Village Subdivision

Listing and Financial Details

  • Assessor Parcel Number 14-05-405-070

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0.29 Acres

Listing Details

  • Originating MLS: MiRealSource
  • Class: RESIDENTIAL
  • Type Of Property: Single Family
  • Structure Style: 1 Story
  • Year Built: 1958
  • Mail City: Fraser
  • Special Features: RealEstateOwned
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Basement: Yes
  • Basement: Partially Finished
  • Bedrooms: 3
  • Bedroom 1: On Entry Level, Dimensions: 13 x 9
  • Bedroom 2: On Entry Level, Dimensions: 12 x 9
  • Bedroom 3: On Entry Level, Dimensions: 12 x 8
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Kitchen: On Entry Level, Dimensions: 21 x 9
  • Living Room: On Entry Level, Dimensions: 18 x 13
  • Above Grade Finished Sq Ft: 1221
  • Total Finished Sq Ft: 1221

Exterior Features

  • Exterior Features: Porch
  • Foundation: Basement

Garage/Parking

  • Garage: Detached Garage
  • Garage Spaces: 2
  • Garage: Yes

Utilities

  • Heating: Forced Air
  • Sewer: Public Sanitary
  • Water: Public Water

Lot Info

  • Assessor Parcel Number: 14-05-405-070
  • Lot Dimensions: 79x160
  • Acreage: 0.29
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2015, Amount: $3,980.00
  • Winter Tax: Year: 2015, Amount: $80.00

MLS Schools

  • School District: Fraser Public Schools

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
Mar 29, 2016
Closed on
May 16, 2016
Sold by
Bought by
Seller's Agent
Mark Reling
Market Value Property Specialists LTD
Buyer's Agent
. Non Mls Member
NON MLS Member
List Price
$115,500
Sold Price
$113,900
Premium/Discount to List
-$1,600
-1.39%
Current Estimated Value
$244,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,644
Avg. Annual Appreciation
7.84%
Original Mortgage
$113,900
Interest Rate
0.0361%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2015
Sold by
Bought by

Purchase Details

Closed on
Feb 10, 2014
Sold by
Bought by

Purchase Details

Closed on
Jul 20, 1999
Sold by
Bought by
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
$113,900 Nationallink Reo
$116,459 None Available
-- None Available
$125,000 --
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 $113,900
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
05/31/2016 05/31/16 Sold $113,900 -1.4% $93 / Sq Ft
04/25/2016 04/25/16 Pending -- -- --
03/29/2016 03/29/16 For Sale $115,500 -- $95 / Sq Ft
Source: Michigan Multiple Listing Service

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
2026 $5,689 $125,400 $0 $0
2025 $5,015 $118,300 $0 $0
2024 $52 $110,600 $0 $0
2023 $4,704 $104,900 $0 $0
2022 $4,429 $91,700 $0 $0
2021 $3,760 $87,100 $0 $0
2020 $3,626 $84,000 $0 $0
2019 $4,633 $76,600 $0 $0
2018 $4,753 $72,700 $0 $0
2017 $3,601 $61,381 $18,056 $43,325
2016 $2,507 $61,386 $0 $0
2015 -- $56,007 $0 $0
2013 $2,130 $49,189 $0 $0
2011 -- $56,439 $21,540 $34,899
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mark Reling

    Market Value Property Specialists LTD

    Section Image

  • .

    Buyer's Agent in 2016

    . Non Mls Member

    NON MLS Member

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31284844

Michigan Multiple Listing Service

APN: 03-14-05-405-070

Michigan Macomb County Fraser 48026

18229 Rainbow, Fraser, MI

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Michigan Multiple Listing Service Source MLS: MiRealSource
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