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49118 Rainbow Lane N Northville, MI 48168

$324,584
LOW
$364,700 Estimated value of the home, based on tax records and nearby sales information for similar homes.
$404,816
HIGH
 
VALUE ESTIMATE
 
Value Estimate
$364,700Estimated value of the home, based on tax records and nearby sales information for similar homes.
Beds
--
AC
Yes
Payment Estimate
--
Baths Full
2
Fireplaces
1
Rent Estimate
$1,930Estimated monthly rental price, based on a proprietary formula.
Baths Half
--
Parking
Garage
Tax Estimate
$5,190Estimated property taxes paid on an annual basis.
Sq Ft
1,935
Parking Spaces
1
 HomeScore
69A relative rating of projected appreciation over a 10-year holding period. Homes that score above 50 are expected to outperform the market.
Lot Size
--
 InvestorScore
46A relative rating of projected positive cash flow over a 10-year holding period. Properties that score above 50 are expected to outperform the market.
Construction
Frame
Last Sale Date
11/21/2012
Style
--
Last Sale Price
$312,000
Year Built
2005

49118 Rainbow Lane N is located in Northville, MI. At this time, the property has an estimated value of $364,700 and yearly taxes of $5,190. This condo has 2 bathrooms and approximately 1,935 sqft of living space. The property was built in 2005. Similar condos nearby have 2 baths and sell for around $375,000.

Property History

DateEventSourcePrice
1/2/2007SoldTax Records$358,890

48168 Market Trends

Check out 48168 homes for sale, read the 48168 real estate news or review the 48168 real estate trends. Here is a summary of local market conditions over the past 30 days:

Market Health Score
72
Fairly Healthy

92

$649,947

86

3.1

Median Sales Price
$488,200
+47.5%
Sales (30 Days)
30
+15.4%

Northville Public Schools

A child living at 49118 Rainbow Lane N, Northville, MI would typically attend one of the following public schools: Ridge Wood Elementary School, Meads Mill Middle School, or Northville High School. School boundaries and attendance zones are updated frequently. This guidance should not be used to determine the legal eligibility to attend any particular school or school system.

48168 REAL ESTATE NEWS

48168 rank as the 184th- richest zip code in Michigan with a median income of $97,433 per household. The population is considered younger than most with a median age of 42 years. With an ownership rat... Read More »

There were 30 home sales in the 48168 zip code market over the last 30 days. Months of inventory is on a four-week upswing, this week hitting three months. The rise in sales and low inventory point to... Read More »

New listings have fallen in the 48168 zip code market, reaching a low that hasn't been seen since March. The market has been quiet, with a 30-day tally of 29 sales, extending a current three-week down... Read More »

49118 Rainbow Lane N Map

Ask a local expert about this home:
Keller Williams Realty Lansing-East
Snapped 2 homes in this area
Lehman & Scheffler Real Estate Services
Snapped 1 home in this area
Ronayne Associates
Snapped 2 homes in this area

Agents that specialize in this area
1 snap in this area
49118 Rainbow Ln N, Northville, MI 48168US
49118 Rainbow Ln N is located in Northville, MI. At this time, the property has an estimated value of $364,700 and yearly taxes of $5,190. This condo has 2 bathrooms and approximately 1,935 sqft of living space. The property was built in 2005. Similar condos nearby have 2 baths and sell for around $375,000. John Douglas, Pam Fusco, and Lou Ronayne are Homesnap Local Experts in and around 48168.
©2016 Homesnap 1-800-431-5509 School data and housing market data is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
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