NOT LISTED FOR SALE

18609 Rainbow Dr Lathrup Village, MI 48076

Estimated Value: $349,000 - $500,021

3 Beds
3.5 Baths
2,341 Sq Ft
$188/Sq Ft Est. Value

Last Sold July 26, 2021

Last sale price $405,000 $173 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,252/month

4 Days on Market

Highlights

  • Maid or Guest Quarters
  • 2 Fireplaces
  • 2 Car Attached Garage
  • Wood Flooring
  • No HOA
  • Living Room

About This Home

As of July 2021

A modern open floor plan with a mid-century feel welcomes you into this move-in-ready Lathrup Village brick ranch. The entire house was thoughtfully remodeled by the previous owner and has been cared for and upgraded since, including all new electrical and a whole home natural gas generator. The modern kitchen with soft-touch cabinets flows nicely into the living and dining areas, including one of two wood-burning fireplaces, the other is in the Primary bedroom. The Primary bathroom has a huge tiled three-head walk-in shower and radiant floor heating, and tons of natural light.The second Primary suite features a full private bath with a subway-tiled walk-in shower. Park-like fenced (pesticide-free) backyard attracts many kinds of birds with 90% perennials making for easier spring maintena maintenance. The raised garden beds sit next to a beautiful patio entertaining area, great for enjoying with friends. The two driveways help make parking simple. This walkable neighborhood features a children's park down the street and a bike route that passes directly out front. Easy access to 696, the Lodge, Woodward and Southfield Rd make this location ideal!

Last Agent to Sell the Property

Matthew Demorest

HomeSure Realty, LLC License #6502431267 Listed on: 06/22/2021

Last Buyer's Agent

No Member

Non Member Sales

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,466

Year Built

  • Built in 1948

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 103x136x150x153
  • Back Yard Fenced
  • Property is zoned RI, RI

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,341 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 2 Fireplaces
  • Living Room

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Maid or Guest Quarters

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Stubbed For A Bathroom

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Power Generator

Community Details

  • No Home Owners Association
  • Louise Lathrups California Bungalowno 4 Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,466

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Sub-Type: Single Family Residence
  • Property Type: Residential
  • New Construction: No
  • ArchitecturalStyle: Ranch
  • Stories: 1
  • Year Built: 1948
  • ResoPropertyType: Residential
  • Location Property Info:Property Sub-Type: Single Family Residence
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 103x136x150x153
  • General Property Info:Basement: Yes
  • General Property Info:Total Fin SqFt All Levels: 2341.0
  • General Property Info:Main Level Primary: Yes
  • General Property Info:Main Level Laundry: Yes
  • Tax Info:Annual Property Tax: 5466.0
  • Tax Info:Zoning3: RI
  • Heat Type:Forced Air: Yes
  • Air Conditioning:Central Air: Yes
  • Appliances Dryer: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Heat Source:Natural Gas3: Yes
  • General Property Info:Total Fireplaces: 2.0
  • Substructure:Partial: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • General Property Info:Fireplace: Yes
  • Additional Items:Ceiling Fans: Yes
  • Appliances Microwave: Yes
  • Location Property Info:Subdivision2: Louise Lathrups California Bungalowno 4
  • Additional Items:Generator: Yes
  • Additional Items:Guest Quarters: Yes
  • General Property Info:SqFt Above Grade: 2341.0
  • Laundry Features Main Level: Yes
  • General Property Info Garage YN: Yes
  • Flooring:Wood Floor: Yes
  • Architectural Style:Ranch: Yes
  • Fencing:Fenced Back: Yes
  • Flooring:Tile Floor: Yes
  • Flooring:Ceramic Floor: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Oven, Range, Refrigerator, Washer
  • Flooring: Ceramic Tile, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Guest Quarters
  • Fireplace: Yes
  • Fireplaces: 2
  • Total Bedrooms: 3
  • Main Level Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Basement: Partial
  • LivingArea: 2341.0
  • General Property Info:Stories2: 1.0
  • Basement Rooms:Basement Half Baths: 1
  • Basement Rooms:Total Basement SQFT: 449.0
  • Appliances:Oven: Yes
  • Appliances Range: Yes
  • Appliances Dishwasher: Yes
  • Additional Items:Basement Plumbed for Bath: Yes

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced Back
  • List Price: 399000.0
  • Exterior Material:Brick: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage: Yes
  • Parking Features: Attached
  • Additional Items:Garage Door Opener: Yes
  • Parking Features Attached2: Yes
  • General Property Info:Garage Spaces: 2.0

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Electric: Generator
  • Heating: Forced Air
  • Heating: Yes
  • Laundry Features: Main Level
  • Sewer: Public
  • Utilities: Natural Gas Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Acres: 0.39
  • Lot Size Area: 0.39
  • Lot Dimensions: 103x136x150x153
  • Lot Size Sq Ft: 16988.0
  • Zoning Description: RI
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 5466.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2021
Closed on
Jul 26, 2021
Sold by
Wymore Troy and Medley Dawn
Bought by
Hall Charles
Seller's Agent
Matthew Demorest
HomeSure Realty, LLC
Buyer's Agent
No Member
Non Member Sales
List Price
$399,000
Sold Price
$405,000
Premium/Discount to List
$6,000
1.5%
Current Estimated Value
$441,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,255
Avg. Annual Appreciation
2.10%
Original Mortgage
$340,000
Outstanding Balance
$309,968
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$131,287

Purchase Details

Closed on
May 4, 2020
Sold by
Medley Dawn Suzanne and Medley Dawn
Bought by
Wymore Troy and Medley Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 24, 2016
Closed on
Dec 1, 2016
Sold by
Askerow Jabar
Bought by
Medley Dawn Suzanne
Seller's Agent
Jody Lockwood
The Agency Hall & Hunter
Buyer's Agent
Jim Shaffer
Good Company
List Price
$309,900
Sold Price
$309,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.11%
Original Mortgage
$294,405
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2009
Sold by
Avelo Mortgage Llc
Bought by
Bank Of America National Association and Gsamp Trust 2007-He2

Purchase Details

Closed on
May 6, 2008
Sold by
Harley David
Bought by
Avelo Mortgage Llc

Purchase Details

Closed on
Jun 28, 2006
Sold by
Martin Steven E
Bought by
Harley David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
9.95%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 11, 2006
Sold by
Martin Steven E
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Jun 23, 2003
Sold by
Hagaman Lyle Wayne and Hagaman Norma J
Bought by
Martin Steven E
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
Hall Charles $405,000 None Available
Wymore Troy -- None Available
Medley Dawn Suzanne $309,900 Devonshire Title Agency
Bank Of America National Association -- Prism Title & Closing Servic
Avelo Mortgage Llc $159,000 None Available
Harley David $250,000 American Titleworks
Mortgage Electronic Registration Systems $230,135 None Available
Martin Steven E $215,000 Capital Title Ins Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Charles $340,000
Closed Hall Charles R $340,000
Previous Owner Wymore Troy $273,750
Previous Owner Medley Dawn Suzanne $294,405
Previous Owner Harley David $200,000
Previous Owner Harley David $50,000
Previous Owner Martin Steven E $212,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2021 07/26/21 Sold $405,000 +1.5% $173 / Sq Ft
06/26/2021 06/26/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $399,000 +28.8% $170 / Sq Ft
12/01/2016 12/01/16 Sold $309,900 0.0% $132 / Sq Ft
10/28/2016 10/28/16 Pending -- -- --
10/24/2016 10/24/16 For Sale $309,900 -- $132 / Sq Ft
Source: Southwestern Michigan Association of REALTORS®

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 $10,400 $235,950 $0 $0
2023 $10,168 $214,980 $0 $0
2022 $9,527 $206,930 $0 $0
2021 $5,477 $190,500 $0 $0
2020 $4,396 $185,140 $0 $0
2019 $5,379 $176,300 $0 $0
2018 $5,499 $153,930 $0 $0
2017 $5,429 $91,330 $0 $0
2016 $3,673 $85,120 $0 $0
2015 -- $75,950 $0 $0
2014 -- $65,390 $0 $0
2011 -- $62,130 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Southwestern Michigan Association of REALTORS®

MLS Number: 53043

Southwestern Michigan Association of REALTORS®

APN: 24-23-208-009