NOT LISTED FOR SALE

48905 Rainbow Ln S Northville, MI 48168

Estimated Value: $562,669 - $679,000

3 Beds
3 Baths
1,935 Sq Ft
1,917 Sq Ft Lot

Last Sold May 24, 2017

Last sale price $432,000 $223 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $3,835/month

Highlights

  • Outdoor Pool
  • Deck
  • End Unit
  • Ridge Wood Elementary School Rated A
  • Ranch Style House
  • No HOA

About This Home

As of November 2023

BACKS TO THE NATURE TRAILS. THE FOYER OPENS TO THE LARGE GR W/ GAS FP & FORMAL DR W/ DW ACCESS TO SCREENED IN PORCH. THE FAB KITCHEN IS SPACIOUS W/MAPLE CABINETS & PLENTY OF THEM, CORIAN COUNTERS & ALL SS APPLIANCES REMAN. THE EAT AREA GIVES A GREAT VIEW OF THE PRIVATE REAR YARD W 2ND /DW ACCESS TO REAR SCREENED PORCH. MST SUITE W/LARGE MST BATH, W/ DOUBLE SINKS, SHOWER, GARDEN TUB & WIC. 2ND BEDROOM, FULL BATH, LIBRARY &1ST FLOOR LAUNDRY COMPLETE THE MAIN LEVEL. THE FINISHED LL LEVEL W/ GARDEN WINDOWS IS MAIN FLOOR QUALITY. VERY LARGE FAMILY ROOM, BAR AREA WITH MICROWAVE, BAR FRIDGE & SINK, 3RD BEDROOM, FULL BATH & STILL PLENTY OF STORAGE SPACE. AND ALL PERFECT FOR ENTERTAINING & OR A QUIET EVENING. STANDARD REQUIREMENTS REQUIRED WITH LEASE APPLICATION. OWNER WOULD PREFER A 2-3 YEAR TENANT. PLEASE CALL WITH ANY QUESTIONS. WELCOME HOME!!

Last Agent to Rent the Property

Nancy Petrucelli

KW Professionals License #6501218468 Listed on: 09/29/2023

KW Professionals

Last Renter's Agent

Stephanie Lewis

Right House Realty Company License #RCO-6502424804

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,529

Year Built

  • Built in 2010

Lot Details

  • 1,917

Parking

  • 2 Car Direct Access Garage

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 1,935 Sq Ft Home
  • Ceiling Fan
  • Great Room with Fireplace
  • Finished Basement
  • Natural lighting in basement
  • Washer

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Outdoor Pool
  • Deck
  • Patio
  • Exterior Lighting

Utilities

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

Additional Features

  • End Unit
  • Ground Level

Listing and Financial Details

  • Security Deposit $5,175
  • 12 Month Lease Term
  • 24 Month Lease Term
  • Assessor Parcel Number 77066020050000

Community Details

Overview

  • No Home Owners Association
  • Wayne County Condo Sub Plan No 861 Subdivision
  • On-Site Maintenance

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,529

Year Built

Built in 2010

Lot Details

0

Rental Info

  • Lease Type: Condominium
  • Security Deposit: 5175.00

Listing Details

  • Property Type: Condominium
  • Architecture Style: End Unit, Ranch
  • Architecture Level: 1 Story
  • Year Built: 2010
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Interior Amenities: Humidifier
  • Fireplace: Yes
  • Fireplace Locations: Great Room
  • Room Count: 15
  • Total Bedrooms: 3
  • Total Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Type: Daylight, Finished
  • Kitchen Appliances: Dishwasher, Disposal, Electric Cooktop, Free-Standing Refrigerator, Microwave, Stainless Steel Appliance(s), Washer
  • Sq Ft Combined: 3335
  • Sq Ft Lower Floor: 1400
  • Total Sq Ft: 1935
  • Sq Ft Total Bsmt: 1924

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Construction Features: Platted Sub.
  • Exterior Features: Grounds Maintenance, Lighting, Pool – Community
  • Foundation Materials: Poured
  • Porch Type: Deck, Patio
  • Road Frontage Type: Paved

Garage/Parking

  • Garage Size: 2 Car
  • Garage Features: Side Entrance, Direct Access, Electricity, Attached
  • 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

  • Association Fee: No

Fee Information

  • Additional Fee: 400.00

Schools

  • School District: Northville

Lot Info

  • Parcel Number: 77066020050000

Multi Family

  • Length of Lease: 12 Months, 13-24 Months, 25-36 Months

MLS Schools

  • School District: Northville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2017
Closed on
May 24, 2017
Sold by
Chow Fung Chue
Bought by
Lassel Ralph G
Seller's Agent
Kim Belz
RE/MAX Classic
Buyer's Agent
Kim Belz
RE/MAX Classic
Sold Price
$3,000
Current Estimated Value
$605,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$602,167
Avg. Annual Appreciation
4.38%

Purchase Details

Closed on
Aug 25, 2016
Sold by
Chow Fung Chue and Chow To Fei
Bought by
Chow Fung Chue

Purchase Details

Closed on
Oct 28, 2010
Sold by
Pulte Land Company Llc
Bought by
Chow Tofei P and Chow Fungchue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.31%
Mortgage Type
New Conventional
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
Lassel Ralph G $432,000 Title Express Llc
Chow Fung Chue -- None Available
Chow Tofei P $296,075 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chow Tofei P $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2023 11/28/23 Rented $3,450 0.0% --
10/03/2023 10/03/23 Under Contract -- -- --
09/29/2023 09/29/23 For Rent $3,450 +7.8% --
08/15/2022 08/15/22 Rented $3,200 -5.9% --
08/02/2022 08/02/22 Under Contract -- -- --
07/05/2022 07/05/22 For Rent $3,400 0.0% --
11/06/2020 11/06/20 Rented $3,400 -2.9% --
10/29/2020 10/29/20 Under Contract -- -- --
10/27/2020 10/27/20 For Rent $3,500 +16.7% --
06/11/2017 06/11/17 Rented $3,000 -6.3% --
06/09/2017 06/09/17 Under Contract -- -- --
06/02/2017 06/02/17 For Rent $3,200 0.0% --
05/24/2017 05/24/17 Sold $432,000 -1.8% $223 / Sq Ft
04/12/2017 04/12/17 Pending -- -- --
04/08/2017 04/08/17 For Sale $439,900 -- $227 / 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
2025 $6,529 $254,200 $0 $0
2024 $6,529 $234,100 $0 $0
2023 $6,226 $204,300 $0 $0
2022 $10,888 $202,600 $0 $0
2021 $10,929 $210,000 $0 $0
2020 $10,901 $198,400 $0 $0
2019 $10,899 $203,200 $0 $0
2018 $5,904 $193,700 $0 $0
2017 $4,377 $193,700 $0 $0
2016 $5,234 $189,600 $0 $0
2015 $14,481 $175,400 $0 $0
2013 $14,029 $156,300 $0 $0
2012 $4,462 $144,500 $42,500 $102,000
Source: Public Records

Agents Affiliated with this Home

  • Nancy Petrucelli

    Landlord's Agent in 2023

    Nancy Petrucelli

    KW Professionals

    (734) 558-0885

    5 in this area

    56 Total Sales

    Nancy Petrucelli
    Section Image

  • S

    Tenant's Agent in 2023

    Stephanie Lewis

    Right House Realty Company

    (248) 790-0004

    27 Total Sales

    Stephanie Lewis
    Section Image
  • David Bendernagel

    Buyer's Agent in 2022

    David Bendernagel

    KW Professionals

    (248) 767-2604

    3 in this area

    188 Total Sales

    David Bendernagel
    Section Image
  • Theresa Humes

    Buyer's Agent in 2020

    Theresa Humes

    Real Estate One

    (248) 594-7738

    1 in this area

    63 Total Sales

    Theresa Humes
    Section Image

  • K

    Seller's Agent in 2017

    Kim Belz

    RE/MAX of Southeast Michigan

See All Agents

Map

Source: Realcomp

MLS Number: 20230068352

Realcomp

APN: 77-066-02-0050-000

Michigan Wayne County Northville 48168

48905 Rainbow Ln S, Northville, MI

This home is located at 48905 Rainbow Ln S, Northville, MI 48168 since 29 September 2023 and is currently priced at $605,167. This property was built in 2010. 48905 Rainbow Ln S is a home located in Wayne County with nearby schools including Ridge Wood Elementary School, Meads Mill Middle School, and Northville High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Realcomp IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2025 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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