Seller's Agent in 2016
Linda Rea
Real Estate One
(248) 709-3786
76 in this area
280 Total Sales
1958 Rainbow Dr Rochester Hills, MI 48306
Estimated Value: $830,221 - $873,000
4
Beds
4.5
Baths
3,498
Sq Ft
$245/Sq Ft
Est. Value
Highlights
- Fireplace in Primary Bedroom
- No HOA
- 3 Car Direct Access Garage
- Long Meadow Elementary School Rated A
- Covered Patio or Porch
- Forced Air Heating and Cooling System
About This Home
As of September 2016Prestigious home in premier location! Fantastic split-level located in the Vintage Estates Subdivision. 4 bedrooms, 5 bathrooms and finished daylight lower level with 2nd kitchen. Two story foyer, dining room, library and two story great room with two sided gas fireplace. Kitchen with granite countertops, tiled backsplash, corner sink, large center island and pantry. Breakfast area with bay doorwall to the patio, two sided gas fireplace and butler’s pantry. First floor master bedroom with cathedral ceiling, walk in closet, large master bath with gas fireplace, jetted tub and separate shower. Additional three bedrooms, full bath and additional two share a Jack and Jill bathroom. Central vacuum, intercom, water filters and all windows with Solar Guard tint. Pristine landscaping, brick paver walkways and patio, sprinkler system, gas BBQ, 3 car attached side entry garage and hot tub. Award winning Rochester Schools including Long Meadow, West and Adams. Better than new, move right in!
Home Details
Home Type
- Single Family
Est. Annual Taxes
Year Built
- Built in 1997
Lot Details
- 0.37 Acre Lot
- Lot Dimensions are 100x160
Home Design
- Brick Exterior Construction
- Poured Concrete
- Asphalt Roof
Interior Spaces
- 3,498 Sq Ft Home
- Central Vacuum
- Gas Fireplace
- Great Room with Fireplace
Kitchen
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- Fireplace in Primary Bedroom
Finished Basement
- Sump Pump
- Natural lighting in basement
Parking
- 3 Car Direct Access Garage
- Garage Door Opener
Outdoor Features
- Covered Patio or Porch
- Exterior Lighting
Utilities
- Forced Air Heating and Cooling System
- Humidifier
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Diane Whinham Association, Phone Number (248) 495-4746
- Vintage Estates No 3 Subdivision
Listing and Financial Details
- Assessor Parcel Number 1504105004
- $750 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 23, 2016
Closed on
Sep 26, 2016
Sold by
Leist David and Leist Cynthia A
Bought by
Adams Paul E and Adams Lisa M
Seller's Agent
Linda Rea
Real Estate One-Rochester
Buyer's Agent
Linda Rea
Real Estate One-Rochester
List Price
$537,900
Sold Price
$544,900
Premium/Discount to List
$7,000
1.3%
Total Days on Market
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,905
Avg. Annual Appreciation
4.90%
Original Mortgage
$225,000
Outstanding Balance
$182,620
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$651,539
Purchase Details
Closed on
Nov 24, 1997
Sold by
Bing Construction Co
Bought by
Leist David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.32%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Adams Paul E | $544,900 | None Available | |
| Leist David | $369,900 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Adams Paul E | $225,000 | |
| Previous Owner | Leist David | $199,510 | |
| Previous Owner | Leist David | $218,500 | |
| Previous Owner | Leist David | $218,500 | |
| Previous Owner | Leist David | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/26/2016 09/26/16 | Sold | $544,900 | +1.3% | $156 / Sq Ft |
| 08/26/2016 08/26/16 | Pending | -- | -- | -- |
| 08/23/2016 08/23/16 | For Sale | $537,900 | -- | $154 / Sq Ft |
Source: Realcomp
Tax History Compared to Growth
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 | $4,985 | $282,370 | $0 | $0 |
| 2018 | $8,401 | $261,910 | $0 | $0 |
| 2017 | $8,369 | $260,640 | $0 | $0 |
| 2015 | -- | $242,410 | $0 | $0 |
| 2014 | -- | $219,600 | $0 | $0 |
| 2011 | -- | $185,190 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Realcomp
MLS Number: 216084275
APN: 15-04-105-004
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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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