NOT LISTED FOR SALE

1935 Rainbow Dr Rochester Hills, MI 48306

Estimated Value: $743,789 - $850,000

4 Beds
3.5 Baths
3,498 Sq Ft
$229/Sq Ft Est. Value

Last Sold March 23, 2021

Last sale price $586,000 $168 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,185/month

35 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Jetted Tub in Primary Bathroom
  • Long Meadow Elementary School Rated A
  • Wooded Lot
  • Corner Lot

About This Home

As of March 2021

This Vintage Estates stunner on a spacious corner lot is everything you've been waiting for. The lot in Vintage Estates that everyone talks about! One owner has meticulously maintained & updated/upgraded this incredible home & its immaculate grounds. Bright 2-story Foyer showcases open staircase & quiet Study. Expansive Living Room is bathed in light by floor-to-ceiling windows & opens to Formal Dining Room (both w/ 10'6" ceilings). Charming Kitchen w/ granite counters & large island w/ spectacular Breakfast Nook & dual-sided hearth. A wall of windows lines the cozy Family Room allowing the outdoors in. Sumptuous Master Suite w/ 2 huge walk-in closets & EnSuite w/ jetted tub & dual vanities. Guest Suite, 2 additional spacious Bedrooms & Full Bath complete the Upper Level. Incredible mature landscaping surrounds the property & provides unbelievable privacy inside & out. Unfinished daylight Lower Level adds a potential 1900 sf of addl living space. Run... Don't walk to see this.

Last Agent to Sell the Property

Gregg Wysocki

Keller Williams Paint Creek License #6501330622 Listed on: 01/04/2021

Keller Williams Paint Creek

Last Buyer's Agent

Marshall Ultch

Keller Williams Paint Creek License #RCO-6501363138

Keller Williams Paint Creek

Home Details

Home Type

  • Single Family

Est. Annual Taxes

Year Built

  • Built in 1998

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 108x180x160x155
  • Corner Lot
  • Wooded Lot

HOA Fees

  • $21 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 3,498 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Unfinished Basement
  • Basement Window Egress

Kitchen

  • Double Oven
  • Built-In Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Jetted Tub in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Exterior Lighting

Location

  • Ground Level Unit

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 1504102018

Community Details

Overview

  • Vintage Estates No 3 Subdivision

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,971

Year Built

Built in 1998

Lot Details

0

HOA Fees

$21 per month

Listing Details

  • Property Type: Residential
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1998
  • State Equalized Value: 250580.0000
  • Entry Location: Ground Level
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, Egress Window(s), High Spd Internet Avail, Jetted Tub
  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Family Room
  • Room Count: 15
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Daylight, Unfinished
  • Kitchen Appliances: Gas Cooktop, Dishwasher, Dryer, Microwave, Built-In Gas Oven, Double Oven, Free-Standing Refrigerator, Washer
  • Sq Ft Combined: 3498
  • Total Sq Ft: 3498
  • Sq Ft Total Bsmt: 1849

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Exterior Features: BBQ Grill, Lighting
  • Foundation Materials: Block, Poured
  • Frontage Feet: 108
  • Porch Type: Deck
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached, Direct Access, Door Opener, Electricity, Side Entrance
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: 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

  • HOA Fee Includes: Insurance
  • Association Fee Frequency: Annually
  • Association Fee: 250
  • Association Fee: Yes

Schools

  • School District: Rochester

Lot Info

  • Homestead: Yes
  • Lot Features: Corner Lot, Wooded
  • Lot Size Area: 0.47
  • Lot Dimensions: 108x180x160x155
  • Parcel Number: 1504102018

Tax Info

  • Tax Amount Summer: 3340.0000
  • Tax Amount Winter: 2631.0000
  • Total Tax: 5971.0000
  • Taxable Value: 193650.0000

MLS Schools

  • School District: Rochester

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
Mar 23, 2021
Sold by
Majauskas Algimantas E and Algimantas E Majauskas Family
Bought by
Costa Ricardo and Ferreira Julia Laderia
Seller's Agent
Gregg Wysocki
Keller Williams Paint Creek
Buyer's Agent
Marshall Ultch
Keller Williams Paint Creek
List Price
$585,000
Sold Price
$586,000
Premium/Discount to List
$1,000
0.17%
Current Estimated Value
$800,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,697
Avg. Annual Appreciation
6.39%
Original Mortgage
$468,800
Outstanding Balance
$428,444
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$341,706

Purchase Details

Closed on
Mar 19, 2004
Sold by
Majauskas Algimamtas E
Bought by
Majauskas Algimamtas E and Algimamtas E Majauskas Family Living Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
5.65%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 11, 2002
Sold by
Aligmantas E Majauskas T
Bought by
Algimantas E Majauskas Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.13%

Purchase Details

Closed on
Nov 9, 2001
Sold by
Majauskas Algimantas E
Bought by
Algimantas E Majauskas Tr

Purchase Details

Closed on
Nov 13, 2000
Sold by
Oancea Timothy V
Bought by
Majauskas Algimantas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
7.87%

Purchase Details

Closed on
Jun 26, 1998
Sold by
Curtis Estate
Bought by
Oancea Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
7.17%

Purchase Details

Closed on
Nov 2, 1995
Sold by
Barron Guy
Bought by
Curtis Estate
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Costa Ricardo $586,000 Liberty Title
Majauskas Algimamtas E -- Devon Title Agency
Majauskas Algimantas E -- Devon Title Agency
Algimantas E Majauskas Tr -- --
Algimantas E Majauskas Tr -- --
Majauskas Algimantas E $525,000 --
Oancea Timothy $371,280 --
Curtis Estate $67,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costa Ricardo $468,800
Previous Owner Majauskas Algimantas E $274,000
Previous Owner Majauskas Algimantas E $343,000
Previous Owner Majauskas Algimantas E $351,500
Previous Owner Majauskas Algimantas E $365,800
Previous Owner Majauskas Algimantas E $364,000
Previous Owner Majauskas Algimantas $296,000
Previous Owner Majauskas Algimamtas E $294,000
Previous Owner Algimantas E Majauskas Tr $300,000
Previous Owner Majauskas Algimantas E $235,000
Previous Owner Oancea Timothy $304,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2021 03/23/21 Sold $586,000 +0.2% $168 / Sq Ft
02/09/2021 02/09/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $585,000 -- $167 / 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
2022 $4,622 $260,760 $0 $0
2018 $5,953 $236,380 $0 $0
2017 $5,837 $235,230 $0 $0
2015 -- $219,060 $0 $0
2014 -- $198,810 $0 $0
2011 -- $168,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 2200098902

Realcomp

APN: 15-04-102-018