NOT LISTED FOR SALE

48930 Rainbow Ln S Unit 97 Northville, MI 48168

Estimated Value: $583,498 - $663,000

3 Beds
2.5 Baths
2,432 Sq Ft
$375/mo HOA Fee

Last Sold May 02, 2023

Last sale price $545,000 $224 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,161/month

1 Day on Market

Highlights

  • Outdoor Pool
  • Cape Cod Architecture
  • Deck
  • Ridge Wood Elementary School Rated A
  • Clubhouse
  • Covered Patio or Porch

About This Home

As of May 2023

FINAL & BEST by midnight tonight Sunday April 16th! Rare opportunity to own this beautiful open concept Cape Cod condo located in Arcadia Ridge. This end unit has 3 bedrooms, 2 1/2 bathrooms and boosts a large loft area that can be utilized as an additional entertaining space or great for a kids play area. The sizable eat in kitchen has stainless steel appliances gorgeous granite counter tops with an island which gives plenty of entertaining space along with wonderful natural light from the windows in the breakfast nook. The generously sized living room has a gas fireplace and direct access through the door-wall to the back deck and private tree lined yard for enjoying gatherings with friends and family. Primary Suite gives you double sinks with a separate glass enclosed shower and a soaking tub for ultimate relaxation, along with a large walk in closet. Upstairs you will find 2 additional bedrooms and a full bathroom. Additional features to enjoy... clubhouse, community pool and walking trails.

Last Agent to Sell the Property

Todd Taliaferro

EXP Realty License #6501321161 Listed on: 04/15/2023

EXP Realty

Last Buyer's Agent

Yunhua Li

AutoCity Realty LLC License #6501418140

Property Details

Home Type

  • Condominium

Est. Annual Taxes

Year Built

  • Built in 2010

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,432 Sq Ft Home
  • 1.5-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Great Room with Fireplace
  • Unfinished Basement

Kitchen

  • Built-In Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Outdoor Pool
  • Deck
  • Covered Patio or Porch

Location

  • Ground Level

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 77066020097000

Community Details

Overview

  • Your Peace Of Mind Association, Phone Number (517) 545-3900
  • Wayne County Condo Sub Plan No 861 Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,373

Year Built

Built in 2010

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Property Type: Condominium
  • Architecture Style: Cape Cod
  • Architecture Level: 1 1/2 Story
  • Year Built: 2010
  • State Equalized Value: 203800.0000
  • Entry Location: Ground Level w/Steps
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Fireplace: Yes
  • Fireplace Fuel: Gas
  • Fireplace Locations: Great Room
  • Room Count: 13
  • Total Bedrooms: 3
  • Total Bathrooms: 2.10
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Type: Unfinished
  • Kitchen Appliances: Built-In Gas Oven, Dishwasher, Free-Standing Refrigerator, Gas Cooktop, Microwave, Stainless Steel Appliance(s)
  • Sq Ft Combined: 2432
  • Total Sq Ft: 2432
  • Sq Ft Total Bsmt: 1385

Exterior Features

  • Roof Material: Asphalt
  • Pool: Yes
  • Foundation Details: Basement
  • Construction Materials: Brick, Vinyl
  • Exclusions: Yes
  • Exterior Features: Club House, Pool – Community
  • Foundation Materials: Poured
  • Porch Type: Porch - Covered, Deck, Porch
  • Road Frontage Type: Paved, Pub. Sidewalk

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: No

Condo/Co-op/Association

  • HOA Fee Includes: Snow Removal, Maintenance Grounds, Trash
  • Association Fee Frequency: Monthly
  • Phone: 517-545-3900
  • Association Fee: 375
  • Association Contact: Your Peace of Mind
  • Association Fee: Yes

Schools

  • School District: Northville

Lot Info

  • Homestead: Yes
  • Parcel Number: 77066020097000

Tax Info

  • Tax Amount Summer: 4377.0000
  • Tax Amount Winter: 2996.0000
  • Total Tax: 7373.0000
  • Taxable Value: 203800.0000

MLS Schools

  • School District: Northville

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2023
Closed on
May 2, 2023
Sold by
Relitz Melanie K
Bought by
Zhang Guohong and Wu Kejian
Seller's Agent
Todd Taliaferro
EXP Realty
Buyer's Agent
Yunhua Li
AutoCity Realty LLC
List Price
$499,900
Sold Price
$545,000
Premium/Discount to List
$45,100
9.02%
Views
55
Current Estimated Value
$617,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,875
Avg. Annual Appreciation
6.57%

Purchase Details

Listed on
Mar 4, 2015
Closed on
Apr 24, 2015
Sold by
Rupa Senuvaasan Natarajan and Rupa Senucaasan
Bought by
Relitz Melanie K
Seller's Agent
Ken Pozek
Temporary Inactive Users
Buyer's Agent
Teresa Hanson
EXP Realty LLC
List Price
$395,000
Sold Price
$380,000
Premium/Discount to List
-$15,000
-3.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.59%
Original Mortgage
$225,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2010
Sold by
Pulte Land Company Llc
Bought by
Senuvaasan Natarajan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,000
Interest Rate
4%
Mortgage Type
New Conventional
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
Zhang Guohong $545,000 Reputation First Title
Relitz Melanie K $380,000 Title Solutions Agency Llc
Senuvaasan Natarajan $310,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Relitz Melanie K $225,000
Previous Owner Senuvaasan Natarajan $279,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2023 05/02/23 Sold $545,000 +9.0% $224 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
04/15/2023 04/15/23 For Sale $499,900 +31.6% $206 / Sq Ft
04/24/2015 04/24/15 Sold $380,000 -3.8% $156 / Sq Ft
03/23/2015 03/23/15 Pending -- -- --
03/04/2015 03/04/15 For Sale $395,000 -- $162 / 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 $5,042 $261,500 $0 $0
2024 $5,042 $235,200 $0 $0
2023 $4,530 $210,900 $0 $0
2022 $7,284 $203,800 $0 $0
2021 $7,414 $204,100 $0 $0
2020 $7,485 $209,000 $0 $0
2019 $7,347 $209,100 $0 $0
2018 $4,174 $196,600 $0 $0
2017 $5,708 $196,600 $0 $0
2016 $6,824 $192,600 $0 $0
2015 $15,144 $184,700 $0 $0
2013 $14,670 $159,700 $0 $0
2012 $4,666 $146,600 $42,500 $104,100
Source: Public Records

Agents Affiliated with this Home

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

Map

Source: Realcomp

MLS Number: 20230027328

Realcomp

APN: 77-066-02-0097-000