13 days on rocket

Sale Pending

49131 Rainbow Ln N, Northville, MI, 48168

$566,000

Home List Price

$6,721*

Closing Credit

3 Bedrooms
3 Full Baths
1,935 SqFt
$293/SqFt
Condo
Schools Nearby

Location

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49131 Rainbow Ln N, Northville$566,000

Buyer Closing Credits

$6,721*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingElectricity, Attached
Attached Garage2 spaces
Year Built2006
HeatingNatural Gas, Forced Air
CoolingCeiling Fan(s), Central Air
BasementYes
FireplaceFamily Room
Private PoolYes
MLS #20240021453
StatusSale Pending
(Pending)

About 49131 Rainbow Ln N

Open House CANCELLED this Sunday, April 21st from 1pm - 4pm! Discover this charming 3 bed, 3 bath ranch with two car garage nestled in the highly sought-after Arcadia Ridge community. The home boasts an updated kitchen with quartz countertops, cabinetry with soft close drawers, gas cooktop, and double ovens. An upgraded primary bath with tub, shower, toilet room, and california designed walk-in closet adds a touch of luxury. The beautiful hardwood floors flow seamlessly throughout the living spaces. A versatile flex room currently serves as an office, providing flexibility for your lifestyle needs. The finished basement has been transformed into a cozy family room, featuring an incredible full bath with a shower that doubles as a steam room and sauna—a true oasis for relaxation. The third bedroom benefits from an egress window, ensuring safety and natural light. Additionally, rough plumbing is in place for a wet bar or kitchenette, allowing you to customize the space to your liking. Ample storage options, including a cedar walk-in closet in the basement. Let's not forget the enclosed back patio for morning coffee with a serene backyard view. Also, the brick paver patio for summer grilling. Pack your bags, this home is move-in ready!

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 2006
  • Stories: 1
  • Living Area: 1,935 SqFt

Listing Office:

  • Office Name: EXP Realty - Northville
  • Office Phone: (248) 790-4646
  • Listing Agent: Teresa Hanson

Interior Features

Interior Information:

  • Appliances: Gas Range, Dishwasher, Disposal, Double Oven, Dryer, Refrigerator, Gas Cooktop, Microwave, Stainless Steel Appliance(s), Washer
  • Basement: Yes
  • Interior: Smoke Alarm, Cable Available, Egress Window(s), Other, High Spd Internet Avail, Humidifier, Jetted Tub, Furnished - Negotiable
  • Fireplace: Family Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Club House, Chimney Cap(s), Grounds Maintenance, Lighting, Private Entry, Pool – Community, Pool - Inground

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Electricity, Attached

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Ceiling Fan(s), Central Air

School Info

Assigned Schools Information:

  • Northville High School, Public District Grades 9-12
  • Meads Mill Middle School, Public District Grades 6-8
  • Ridge Wood Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: South on Yellowstone off 6 Mile, Roundabout to Rainbow Lane N turn right condo on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $566,000
  • Price Per SqFt: $293/SqFt

HOA Fees:

  • Amount: $425
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $6,593
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Northville, MI.

Med. Sold Price

$499.5K

Med. Price/SqFt

$225

Avg. Days On Market

33

# of Sold Homes

34

49131 Rainbow Ln N vs Northville

13 DAYS ON ROCKET

-20 Days

$566,000

+$66.5K More

$293/SqFt

+$68 More

KEY TAKEAWAY

This property is $66.5K more than the Median Sold Price and $68/SqFt more than other homes in Northville, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Realcomp II Ltd
  • MLS Number: #20240021453

Listing Office:

  • Office Name: EXP Realty - Northville
  • Office Phone: (248) 790-4646
  • Listing Agent: Teresa Hanson

IDXDisclaimer: The data relating to real estate on this web site comes in part from the IDX of Realcomp II Ltd. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2024 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 2:25:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 17, 2014Home Sold
$370,000
May 26, 2011Home Sold
$300,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,593$199,000
2020$6,240$195,500
2018$6,240$191,000
2017$6,081$192,600

History based on county public records data.

Payment Calculator

$3,317

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,763

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3168324
9
/10
  • Ridge Wood Elementary School

  • 49775 6 Mile Rd

  • 0.42 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3168325
8
/10
  • Meads Mill Middle School

  • 16700 Franklin Rd

  • 3.24 miles

  • Public District Grades 6-8

High School

school-card-donut-3168326
10
/10
  • Northville High School

  • 45700 6 Mile Rd

  • 1.78 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $107,699. Most Northville, MI residents have annual incomes between $100k-200k. Typical family type is married, with kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 49131 Rainbow Ln N

What is the listing price of this property?

The listing price of 49131 Rainbow Ln N property is $566,000.

What type of property is this?

The property 49131 Rainbow Ln N is a condo located in Northville, Michigan, 48168.

Is this property for sale now?

Sale Pending: 49131 Rainbow Ln N is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 49131 Rainbow Ln N are:
Ridge Wood Elementary School: GreatSchools Rating 9/10
Meads Mill Middle School: GreatSchools Rating 8/10
Northville High School: GreatSchools Rating 10/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,593 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 17, 2014 for $370,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 49131 Rainbow Ln N has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 49131 Rainbow Ln N is 1,935 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 49131 Rainbow Ln N is 2006.

Rocket HomesMichiganWayne CountyNorthville4816849131 Rainbow Ln N

This home is located at 49131 Rainbow Ln N in Northville, MI and zip code 48168 in the Arcadia Ridge neighborhood. This 1,935 square foot home was built in 2006. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 15, 2024 and is currently priced at $566,000.

In March 2024, from all listings sold in Northville, MI there were more than 12 sold above asking price, over 17 sold below and more than 5 were sold right at the asked price. The inventory of homes for sale in Northville, MI between February 2024 and March 2024 increased by 13.3%. In March 2024 median list price was $499,500 and the average listing age was 33 days.

From Rocket Homes Real Estate and based on county public records data.

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