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18195 Rainbow Dr

Lathrup Village, MI 48076

4 bd 3 ba 2,350 sqft Built 1968 Lot 11,326 sqft single_family
Most recent sale
$322,000
Jul 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 18, 2022 Sold $322,000 Public Record
Jul 12, 2022 Sold $322,000 Realcomp
May 22, 2022 Price changed $338,000 MLS #2220036932
May 16, 2022 Listed $350,000 MLS #2220036932
Apr 18, 2022 Relisted $328,000 MLS #2210093512
Mar 27, 2022 Price changed $328,000 MLS #2210093512
Mar 26, 2022 Price changed $320,000 MLS #2210093512
Mar 19, 2022 Relisted $340,000 MLS #2210093512
Jan 12, 2022 Price changed $340,000 MLS #2210093512
Nov 16, 2021 Price changed $360,000 MLS #2210093512
Nov 8, 2021 Listed $375,000 MLS #2210093512
Jan 10, 1992 Sold $76,000 Public Record
Dec 20, 1991 Sold $76,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $155,100 $7,387
2023 $151,150 $8,655
2022 $128,440 $3,192
2021 $126,690 $3,272
2020 $114,920 $3,720
2019 $105,530 $3,661
2018 $101,220 $3,742
2017 $94,630 $3,694
2016 $85,350 $3,694
2015 $71,800 $3,670
2014 $62,230 $3,642
2013 $59,520 $5,105
2012 $63,900 $4,955
2011 $68,280 $4,810
2010 $71,550 $5,077
2009 $94,420 $6,166
2008 $113,390 $3,299
2007 $112,400 $5,533

Property facts

Year built
1968
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,350 sqft
Lot size
11,326 sqft
ZIP code
48076
City
Lathrup Village
Street
Rainbow Dr
Coordinates
42.48214, -83.22430

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,525
Gross rental yield
13.14%
Implied cap rate
8.54%
Trend-extrapolated value

Frequently asked questions

When did 18195 Rainbow Dr last sell?
18195 Rainbow Dr most recently sold on Jul 18, 2022 for $322,000.
What is the current tax assessment for 18195 Rainbow Dr?
The most recent total assessment for 18195 Rainbow Dr (year 2025) is $155,100 with $7,387 in property tax.
How does 18195 Rainbow Dr's assessment compare to its last sale price?
The current assessment is 51.8% below the last sale price of $322,000.
When was 18195 Rainbow Dr built?
18195 Rainbow Dr was built in 1968.
How does 18195 Rainbow Dr compare to others on Rainbow Dr?
We track 8 other properties on Rainbow Dr. Browse the list under "Other properties on Rainbow Dr" to compare beds, baths, and sale history.
What are the property facts for 18195 Rainbow Dr?
18195 Rainbow Dr is a 4 bed, 3 bath, 2,350 sqft, 11,326 sqft lot single_family.
Is 18195 Rainbow Dr a flip candidate?
No — 18195 Rainbow Dr does not appear in our flips dataset.
Is 18195 Rainbow Dr a tax-appeal candidate?
No — 18195 Rainbow Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.0%
Implied 1-yr
+8.0%
2026 Q2
$274.9K
2026 Q3
$279.8K
ZIP 48076 — Median Price History + Forecast

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