NOT LISTED FOR SALE

27568 Rainbow Cir Lathrup Village, MI 48076

Estimated Value: $519,000 - $616,000

4 Beds
3.5 Baths
2,943 Sq Ft
$193/Sq Ft Est. Value

Last Sold June 01, 2020

Last sale price $423,000 $144 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,082/month

109 Days on Market

Highlights

  • Cape Cod Architecture
  • No HOA
  • Patio
  • Ground Level Unit
  • 3 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of June 2020

Welcome to your dream home! This modern style home in the heart of Lathrup Village has it all- Large Picture Windows for tons of natural light, Hard wood floors installed in 2018, a gourmet kitchen with newly installed appliances. You can walk right onto your private patio area through the door wall in your breakfast nook, or the private entry door in the master bedroom (Yes, the first floor master bedroom!). Like the rest of the home, your master bedroom offers Cathedral ceilings and recessed lighting. The on-suite has his and hers vanities, a massive walk in closet, a large soaking jetting tub and massive stand in shower- all surrounded by beautiful bay windows. Owners invested in a waterproofing system through Foundation Systems of Michigan to make sure your basement stays dry for life. Highly sought after location puts you 10 minutes from downtown Birmingham, 15 minutes from downtown Royal Oak or Downtown Detroit!

Last Agent to Sell the Property

David Fisher

Keller Williams Advantage License #6501377655 Listed on: 02/06/2020

Keller Williams Advantage

Last Buyer's Agent

John Lewis

Max Broock, REALTORS®-Birmingham License #RCO-6501359423

Max Broock, REALTORS®-Birmingham

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2001 | Remodeled in 2017

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 40.00x140.00

Parking

  • 3 Car Attached Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2,943 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Unfinished Basement
  • Sump Pump

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Additional Features

  • Patio
  • Ground Level Unit

Community Details

  • No Home Owners Association
  • Louise Lathrup's California Bungalow Sub No 6 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 2414353020

Home Details

Home Type

Single Family

Year Built

Built in 2001 | Remodeled in 2017

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architecture Style: Cape Cod
  • Architecture Level: 2 Story
  • Year Built: 2001
  • State Equalized Value: 228190.0000
  • Year Renovated: 2017
  • Foundation Features: Drainage System, Sealed Foundation, Sump Pump
  • Entry Location: Ground Level
  • Pets Allowed: Cats OK, Dogs OK
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Fireplace: Yes
  • Fireplace Locations: Family Room
  • Room Count: 14
  • Total Bedrooms: 4
  • Total Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 2943
  • Total Sq Ft: 2943
  • Sq Ft Total Bsmt: 1505

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Frontage Feet: 40
  • Porch Type: Patio
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 3 Car
  • Garage Features: Attached
  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)

Condo/Co-op/Association

  • Association Fee: No

Schools

  • School District: Southfield Public Schools

Lot Info

  • Lot Size Area: 0.41
  • Lot Dimensions: 40.00X140.00
  • Parcel Number: 2414353020

Tax Info

  • Tax Amount Summer: 9375.0000
  • Tax Amount Winter: 2397.0000
  • Total Tax: 11772.0000
  • Taxable Value: 199480.0000

MLS Schools

  • School District: Southfield Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2023
Sold by
Qureshi Hammad and Qureshi Naba
Bought by
Brown Mikey Ladon
Current Estimated Value
$567,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,612
Outstanding Balance
$364,122
Interest Rate
7.22%
Mortgage Type
FHA
Estimated Equity
$203,823

Purchase Details

Listed on
Apr 14, 2017
Closed on
Jun 15, 2017
Sold by
Jeffries Brain and Jeffries Miko
Bought by
Muzaffar Mohammad Hammad and Saeed Naba
Seller's Agent
Michael Perna
EXP Realty Main
Buyer's Agent
David Fisher
Keller Williams Advantage
List Price
$375,000
Sold Price
$380,000
Premium/Discount to List
$5,000
1.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%
Original Mortgage
$358,150
Interest Rate
4.05%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 6, 2001
Sold by
Lathrup Associates
Bought by
Jeffries Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,500
Interest Rate
7.16%

Purchase Details

Closed on
Oct 19, 1998
Sold by
Carl W Driscoll Tr
Bought by
Lathrup Associates
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Brown Mikey Ladon $423,000 Alliance First Title
Brown Mikey Ladon $423,000 Alliance First Title
Muzaffar Mohammad Hammad $377,000 None Available
Jeffries Brian -- --
Lathrup Associates $23,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brown Mikey Ladon $370,612
Closed Brown Mikey Ladon $370,612
Previous Owner Muzaffar Mohammad Hammad $358,150
Previous Owner Jeffries Brian $382,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2020 06/01/20 Sold $423,000 -0.5% $144 / Sq Ft
05/25/2020 05/25/20 Pending -- -- --
05/15/2020 05/15/20 For Sale $425,000 0.0% $144 / Sq Ft
04/24/2020 04/24/20 Pending -- -- --
04/08/2020 04/08/20 Price Changed $425,000 -2.3% $144 / Sq Ft
04/07/2020 04/07/20 Price Changed $435,000 -1.1% $148 / Sq Ft
02/29/2020 02/29/20 Price Changed $440,000 -2.2% $150 / Sq Ft
02/06/2020 02/06/20 For Sale $450,000 +18.4% $153 / Sq Ft
06/15/2017 06/15/17 Sold $380,000 +1.3% $129 / Sq Ft View Prior Sale
04/19/2017 04/19/17 Pending -- -- --
04/14/2017 04/14/17 For Sale $375,000 -- $127 / 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 $12,857 $310,550 $0 $0
2023 $14,099 $267,730 $0 $0
2022 $12,719 $253,100 $0 $0
2021 $14,285 $257,260 $0 $0
2020 $8,296 $239,180 $0 $0
2019 $11,239 $228,190 $0 $0
2018 $11,665 $194,810 $0 $0
2017 $5,609 $163,970 $0 $0
2016 $5,608 $156,170 $0 $0
2015 -- $128,450 $0 $0
2014 -- $107,600 $0 $0
2011 -- $96,910 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Realcomp

MLS Number: 2200009770

Realcomp

APN: 24-14-353-020