NOT LISTED FOR SALE

18251 Rainbow Dr Lathrup Village, MI 48076

Estimated Value: $292,000 - $321,000

3 Beds
2.5 Baths
1,807 Sq Ft
$168/Sq Ft Est. Value

Last Sold July 23, 2020

Last sale price $200,000 $111 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $2,235/month

17 Days on Market

Highlights

  • Ranch Style House
  • Covered patio or porch
  • Attic Fan
  • No HOA
  • 2 Car Direct Access Garage
  • Forced Air Heating and Cooling System

About This Home

As of July 2020

Opportunity awaits this spacious 1,807 sq/ft Lathrup Village Ranch offering 3 Bedrooms and 2.1 baths. The home is being sold "as-is" allowing the next owner to bring their finishing touches. Hardwood floors throughout most of the first floor (under carpet as well) and the large kitchen gives you an opportunity to open up some walls connecting the dining/living room. Private family room with fireplace. Master bedroom has a full bathroom and ample closet space. Second full bathroom in hallway across from the other two bedrooms plus a mud room and attached 2 car garage. 1,800 sq/ft unfinished basement has a sump pump and half bath plus the potential to double your living space. This is not a turn key home and will require work. Home is in a trust and trustee has never lived in home. Newer furnace HWH and electrical. Close to shopping, schools, thoroughfares and more. BATVAI Display case in living room and light fixtures in kitchen, dining room and foyer are excluded.

Last Agent to Sell the Property

Evan Weber

Max Broock, REALTORS®-Birmingham License #6501341768 Listed on: 06/18/2020

Max Broock, REALTORS®-Birmingham

Last Buyer's Agent

Nikkia Luckett

United Front Realty LLC License #RCO-6502408006

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1969

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 75.00x150.00

Home Design

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

Interior Spaces

  • 1,807 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Unfinished Basement
  • Sump Pump
  • Attic Fan

Kitchen

  • Free-Standing Electric Oven
  • Free-Standing Electric Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Direct Access Garage
  • Garage Door Opener

Utilities

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

Additional Features

  • Covered patio or porch
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 2423276017

Community Details

Overview

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

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,202

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Ranch
  • Architecture Level: 1 Story
  • Year Built: 1969
  • State Equalized Value: 102760.0000
  • Foundation Features: Sump Pump
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: Cable Available
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Family Room
  • Room Count: 13
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Electric Cooktop, Dishwasher, Free-Standing Electric Oven, Free-Standing Electric Range, Range Hood, Free-Standing Refrigerator
  • Sq Ft Combined: 1807
  • Total Sq Ft: 1807
  • Sq Ft Total Bsmt: 1801

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Exclusions: Yes
  • Foundation Materials: Poured
  • Frontage Feet: 75
  • Porch Type: Patio, Porch - Covered
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity, Side Entrance
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Attic Fan, Ceiling Fan(s), Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Southfield Public Schools

Lot Info

  • Homestead: Yes
  • List Price per Acre: 826923.0769
  • Lot Size Area: 0.26
  • Lot Dimensions: 75.00X150.00
  • Parcel Number: 2423276017

Tax Info

  • Tax Amount Summer: 2588.0000
  • Tax Amount Winter: 614.0000
  • Total Tax: 3202.0000
  • Taxable Value: 56830.0000

MLS Schools

  • School District: Southfield Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2020
Closed on
Jul 23, 2020
Sold by
Jeanne M Kerwick Revocable Living Trust
Bought by
Stille Ricardo
Seller's Agent
Evan Weber
Max Broock, REALTORS®-Birmingham
Buyer's Agent
Nikkia Luckett
United Front Realty LLC
List Price
$215,000
Sold Price
$200,000
Premium/Discount to List
-$15,000
-6.98%
Total Days on Market
17
Current Estimated Value
$304,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,163
Avg. Annual Appreciation
8.61%

Purchase Details

Closed on
May 2, 2018
Sold by
Kerwick Jeanne M and Kerwick Walter
Bought by
Liv Kerwick Jeanne M and Liv Jeanne M Kerwick Revocable
Source: Public Records

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Range of Values:

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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
Stille Ricardo $200,000 None Available
Liv Kerwick Jeanne M -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2020 07/23/20 Sold $200,000 -7.0% $111 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
06/18/2020 06/18/20 For Sale $215,000 -- $119 / 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 $6,337 $152,460 $0 $0
2023 $6,195 $146,770 $0 $0
2022 $5,744 $124,760 $0 $0
2021 $6,816 $122,760 $0 $0
2020 $2,616 $110,890 $0 $0
2019 $3,202 $102,760 $0 $0
2018 $3,273 $87,250 $0 $0
2017 $3,231 $81,610 $0 $0
2016 $3,231 $73,740 $0 $0
2015 -- $62,220 $0 $0
2014 -- $54,110 $0 $0
2011 -- $59,850 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200045429

Realcomp

APN: 24-23-276-017