$338,500
SOLD AUG 23, 2018

18355 Rainbow Dr Lathrup Village, MI 48076

4 Beds
2.5 Baths
2,330 Sq Ft
0.51 Acres

Recently Sold

$145 Per Sq Ft

8% Below List Price

21 Days on Market

Highlights

  • Deck
  • No HOA
  • 2 Car Attached Garage
  • Corner Lot
  • Porch
  • Bungalow

About This Home

As of August 2018

Completely renovated in 2018 to create an ultra open and contemporary oasis on a .51 acre lot close to downtown Detroit, Royal Oak and Ferndale. The entire upper level is an open master suite with spa-like bath and dressing area. The first floor is perfect for entertaining with a huge open living room, dining room, kitchen and lounge area surrounded by large windows. Hardwood floors thru-out entry level. Extensive crown molding. New kitchen with lots of cabinet space and beautiful butcher block countertops. An additional 3 large bedrooms on the entry level with a deluxe bath featuring a huge soaking tub and glass shower. New windows, appliances, exterior doors, electrical and plumbing. Newer roof. Additional 1,200 sq ft of finished living space in the basement with huge bar area and updated bath. Don't miss out on this show room perfect home!

Last Agent to Sell the Property

Jody Lockwood

The Agency Hall & Hunter License #6501376137 Listed on: 06/21/2018

The Agency Hall & Hunter

Last Buyer's Agent

Pamela Bartush

Coldwell Banker Weir Manuel-Bir License #RCO-6501287027

Coldwell Banker Weir Manuel-Bir

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1947 | Remodeled in 2018

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 154x165x150x130
  • Corner Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Block Foundation
  • Composition Roof

Interior Spaces

  • 2,330 Sq Ft Home
  • 1.5-Story Property
  • Gas Fireplace
  • ENERGY STAR Qualified Windows
  • ENERGY STAR Qualified Doors
  • Living Room with Fireplace
  • Finished Basement
  • Natural lighting in basement

Kitchen

  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights

Outdoor Features

  • Deck
  • Exterior Lighting
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Cooling System Mounted In Outer Wall Opening
  • Humidifier
  • Heating System Uses Natural Gas
  • High Speed Internet

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 2423276011

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,735

Year Built

Built in 1947 | Remodeled in 2018

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Bungalow
  • Architecture Level: 1 1/2 Story
  • Year Built: 1947
  • Year Renovated: 2018
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Interior Amenities: ENERGY STAR® Qualified Door(s), ENERGY STAR® Qualified Light Fixture(s), ENERGY STAR® Qualified Window(s), High Spd Internet Avail, Humidifier
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 13
  • Total Bedrooms: 4
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Finished
  • Kitchen Appliances: Disposal, Dryer, ENERGY STAR® qualified dishwasher, ENERGY STAR® qualified refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 3430
  • Sq Ft Lower Floor: 1100
  • Total Sq Ft: 2330
  • Sq Ft Total Bsmt: 1594

Exterior Features

  • Roof Material: Composition
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Construction Features: Platted Sub.
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 154
  • Porch Type: Deck, Porch
  • Road Frontage Type: Paved
  • Sideof Street: E

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Electricity, Side Entrance
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air, Wall Unit(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Southfield Public Schools

Lot Info

  • Homestead: Yes
  • List Price per Acre: 725294.1176
  • Lot Features: Corner Lot
  • Lot Size Area: 0.51
  • Lot Dimensions: 154x165x150x130
  • Parcel Number: 2423276011

Tax Info

  • Tax Amount Summer: 2991.0000
  • Tax Amount Winter: 744.0000
  • Total Tax: 3735.0000

MLS Schools

  • School District: Southfield Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2018
Closed on
Aug 23, 2018
Sold by
Askerow Jabar Y
Bought by
Linzy Brain
Seller's Agent
Jody Lockwood
The Agency Hall & Hunter
Buyer's Agent
Pamela Bartush
Coldwell Banker Weir Manuel-Bir
List Price
$369,900
Sold Price
$338,500
Premium/Discount to List
-$31,400
-8.49%
Current Estimated Value
$385,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,095
Avg. Annual Appreciation
1.61%
Original Mortgage
$330,000
Interest Rate
4.5%
Mortgage Type
VA

Purchase Details

Listed on
Nov 25, 2016
Closed on
Feb 3, 2017
Sold by
Parker David R and Parker Susan M
Bought by
Askerow Jabar Y
Seller's Agent
Laura Bell
Signature Sotheby's International Realty Bham
Buyer's Agent
Jody Lockwood
Hall & Hunter-Birmingham
List Price
$189,900
Sold Price
$161,000
Premium/Discount to List
-$28,900
-15.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
62.53%
Interest Rate
4.19%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $338,500 None Available
Warranty Deed $161,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $314,830 VA
Closed $330,000 VA
Previous Owner $40,000 Unknown
Previous Owner -- No Value Available
Previous Owner $111,000 Adjustable Rate Mortgage/ARM
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2018 08/23/18 Sold $338,500 -8.5% $145 / Sq Ft
07/12/2018 07/12/18 Pending -- -- --
06/21/2018 06/21/18 For Sale $369,900 +129.8% $159 / Sq Ft
02/10/2017 02/10/17 Sold $161,000 -2.4% $101 / Sq Ft
12/21/2016 12/21/16 Pending -- -- --
12/13/2016 12/13/16 Price Changed $164,900 -5.7% $103 / Sq Ft
12/08/2016 12/08/16 Price Changed $174,900 -7.9% $110 / Sq Ft
11/25/2016 11/25/16 For Sale $189,900 -- $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 $7,048 $197,220 $0 $0
2023 $6,890 $179,760 $0 $0
2022 $6,388 $172,800 $0 $0
2021 $7,458 $157,280 $0 $0
2020 $5,986 $150,560 $0 $0
2019 $7,324 $130,000 $0 $0
2018 $4,313 $73,130 $0 $0
2017 $3,773 $93,060 $0 $0
2016 $3,773 $86,790 $0 $0
2015 -- $77,500 $0 $0
2014 -- $66,840 $0 $0
2011 -- $64,050 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 218056906

Realcomp

APN: 24-23-276-011