See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

27568 Rainbow Cir, Lathrup Village, MI, 48076

4beds
3baths
4,467sqft
$599,000
$134price/sqft
$4,520/moest. monthly cost
$180,800/yrincome needed

About This Home

Welcome to this beautifully updated modern-style home in desirable Lathrup Village. This spacious property offers large picture windows that bring in abundant natural light, hardwood floors installed in 2018, and an updated kitchen with newly installed appliances. The breakfast nook features a door wall leading directly to the private patio area, creating a comfortable flow for everyday living and entertaining. The first- floor primary suite offers cathedral ceilings, recessed lighting, patio access, dual vanities, a spacious walk-in closet, a large jetted soaking tub, and a separate walk- in shower surrounded by beautiful bay windows. The home also features a finished basement with a waterproofing system installed by Foundation Systems of Michigan, providing valuable additional finished living space Conveniently located near major Metro Detroit destinations, with approximate drive times to Birmingham, Royal Oak, and downtown Detroit. Virtual showings via Zoom are available upon request Buyer and buyer’s agent to verify all information, including square footage, taxes, room measurements, updates, and property condition.

Getting Around

40
WalkingCar-Dependent
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Construction

Condition

  • Year built: 2001

Materials

  • Foundation: Basement,Poured
  • Roof: Asphalt
  • Construction materials: Brick Veneer

Notable Dates

  • Major remodel year: 2026

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cape Cod,Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Built In Electric Oven,Dishwasher,Electric Cooktop,Energy Star Qualified Dryer,Energy Star Qualified Refrigerator,Energy Star Qualified Washer,Free Standing Electric Range,Free Standing Refrigerator,Microwave,Washer
  • Laundry features: Laundry Room

Basement

  • Has basement: Yes
  • Basement: Finished

Bedroom

  • Level: Second
  • Area: 180
  • Dimensions: 15 X 12

Bedroom

  • Level: Second
  • Area: 180
  • Dimensions: 15 X 12

Bedroom

  • Level: Second
  • Area: 180
  • Dimensions: 15 X 12

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Level: Entry
  • Area: 140
  • Dimensions: 14 X 10

Family Room

  • Level: Entry
  • Area: 216
  • Dimensions: 18 X 12

Features

  • Fireplace features: Electric,Family Room
  • Fireplace: Yes
  • Finished area below ground: 1,524
  • Finished area above ground: 2,943

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 4,467 sqft

Kitchen

  • Level: Entry
  • Area: 144
  • Dimensions: 12 X 12

Laundry

  • Level: Entry
  • Area: 49
  • Dimensions: 7 X 7

Library

  • Level: Entry
  • Area: 144
  • Dimensions: 12 X 12

Living Room

  • Level: Entry
  • Area: 224
  • Dimensions: 16 X 14

Other

  • Level: Second
  • Area: 40
  • Dimensions: 8 X 5

Other

  • Level: Entry
  • Area: 35
  • Dimensions: 7 X 5

Primary Bathroom

  • Level: Entry
  • Area: 187
  • Dimensions: 17 X 11

Primary Bedroom

  • Level: Entry
  • Area: 255
  • Dimensions: 17 X 15

Property

Details

  • Parcel number: 2414353020
  • Special condition: Agent Owned,Short Sale No

Features

  • Levels: Two
  • Stories: 2
  • Entry location: GroundLevelwSteps
  • Pool features: None
  • Patio & porch: Covered,Porch

Lot

  • Lot size: 0.41 Acres
  • Lot size dimensions: 40 x 140

Parking

  • Total spaces: 3
  • Parking features: Three Car Garage,Attached,Basement,Circular Driveway,Driveway,Electricityin Garage,Paver Block,Garage Faces Side
  • Has garage: Yes
  • Attached garage spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Heat Wave
Inland Flooding
Ice Storm
Strong Wind

FEMA Declared Disasters in Oakland County and Michigan

Flood
Severe Ice Storm
Severe Storm
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,028$36,336
Home Insurance *$382$4,584
Property Taxes $623$7,476
Electricity $487$5,846
Total$4,520$54,240
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$154,971/yr
40% on housing$135,600/yr
45% on housing$120,533/yr

Michigan FAIR Plan Programs

Michigan Basic Property Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 15,981Commercial: 293
Total Premiums$13.85M
Total Exposure$2.60B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.2%
14.2%
0%30.0%
Electricity Growth Rate10-year average: 3.9%
3.9%
0%15.0%
Property Taxes Growth Rate2-year average: 0.0%
0.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$134This listing

vs Other Active Listings

Avg $/sqft

ZIP 48076$133
Oakland County$199

vs Homes Sold Last Month

Median $/sqft

ZIP 48076$157
Oakland County$192

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-04Price change$569,000
2026-07-10Listed for sale$599,000
2024-01-10Sold$423,000
2020-06-19Listing removed$425,000
2020-06-02Pending sale$425,000
2020-05-16Listed for sale$425,000
2020-04-26Pending sale$425,000
2020-04-08Price change$425,000
2020-04-07Price change$435,000
2020-04-07Listing removed$2,250
2020-04-03Listed for rent$2,250
2020-02-29Price change$440,000
2020-02-06Listed for sale$450,000
2017-06-15Sold$377,000
2017-05-03Price change--
2017-04-19Pending sale$375,000
2017-04-14Listed for sale$375,000
2001-11-26Sold$23,500

For Sale by Agent

AgentMarqueisha Brown
BrokerageCentury 21 Professionals Troy

Similar Homes