$161,000
SOLD FEB 10, 2017

18355 Rainbow Dr Lathrup Village, MI 48076

3 Beds
1.5 Baths
1,594 Sq Ft
0.51 Acres

Recently Sold

$101 Per Sq Ft

15% Below List Price

26 Days on Market

Highlights

  • Wooded Lot
  • Corner Lot
  • 2 Car Attached Garage
  • 1.5-Story Property
  • No HOA
  • Patio

About This Home

As of August 2018

FABULOUS PRICE, & OPPORTUNITY TO MAKE THIS HOME YOUR OWN! BEAUTIFUL HALF ACRE LOT W/NEW LANDSCAPING SURROUNDS THIS VERY APPEALING VINTAGE CHARMER, GREAT FOR KIDS. INTRICATE PLASTER CEILING & NAT FP W/WOOD MANTLE IN LR OPEN TO THE FORMAL DR, NICE ENTERTAINING SPACE! UPGRADED KITCHEN HAS NEWER RICH LAMINATE FLOOR, OAK CABINETRY, BUILT-IN BREAKFAST TABLE, & ACCESS TO THE FLA. ROOM. HUGE MAIN BATH OFFERS DUAL SINKS, LOVELY CRYSTAL LIGHTING FIXTURE, & SEPARATE TUB & STALL SHOWER. OAK FLOORS IN ALL BEDROOMS WITH LIGHTED CEILING FANS, THE SIZABLE MBR HAS A BUILT-IN CABINET, DOUBLE CLOSET, & PLANTATION BLINDS. ENORMOUS FIN BASEMENT INCLUDES REC ROOM W/WET BAR, LG 1/2 BATH, STORAGE AREAS, & WORK TABLE IN THE LAUNDRY ROOM. INCREASE YOUR LIVING SPACE BY FINISHING THE WALK-UP ATTIC OFF THE DINING ROOM, OR USE FOR ADD STORAGE SPACE. SOME FRESH PAINT THROUGHOUT THE HOME, CRYSTAL LIGHTING FIXTURES IN FOYER, DINING ROOM, & KITCHEN. NEWER ROOF. LOTS OF CURB APPEAL & PRIV BACKYARD FOR SUMMER FUN!

Last Agent to Sell the Property

Laura Bell

Signature Sotheby's International Realty Bham License #6501224303 Listed on: 11/25/2016

Signature Sotheby's International Realty Bham

Last Buyer's Agent

Jody Lockwood

Hall & Hunter-Birmingham License #RCO-6501376137

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1947

Lot Details

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

Home Design

  • 1.5-Story Property
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,594 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Attic Fan
  • Washer
  • Finished Basement

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

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

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 2423276011
  • $2,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,749

Year Built

Built in 1947

Lot Details

0

Listing Details

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

Interior Features

  • Interior Amenities: Cable Available, Humidifier
  • Fireplace: Yes
  • Fireplace Fuel: Natural
  • Fireplace Locations: Living Room
  • Room Count: 11
  • Total Bedrooms: 3
  • Total Bathrooms: 1.10
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Finished
  • Kitchen Appliances: Dishwasher, Disposal, Refrigerator, Range/Stove, Washer
  • Sq Ft Combined: 2694
  • Sq Ft Lower Floor: 1100
  • Total Sq Ft: 1594
  • Sq Ft Total Bsmt: 1594

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Aluminum, Brick
  • Construction Features: Platted Sub.
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Frontage Feet: 154
  • Porch Type: Patio
  • Road Frontage Type: Paved
  • Sideof Street: S

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Attached, Door Opener, Electricity
  • 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: No

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Southfield Public Schools

Lot Info

  • Homestead: Yes
  • List Price per Acre: 323333.3333
  • Lot Features: Corner Lot, Wooded
  • Lot Size Area: 0.51
  • Lot Dimensions: 154X165X150X130
  • Parcel Number: 2423276011

Tax Info

  • Tax Amount Summer: 3005.0000
  • Tax Amount Winter: 744.0000
  • Total Tax: 3749.0000

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
1.62%
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

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 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: 216112363

Realcomp

APN: 24-23-276-011