$229,000

1321 Rainbow Dr Saginaw, MI 48638

$2,719
Closing credit¹
4 beds
2 full, 1 partial
2,166 sqft
0.3 acres
$106 / sqft
House

Property details

About 1321 Rainbow Dr

Don’t miss this beautifully updated 4-bedroom, 2.5-bathroom brick ranch offering over 1,750 sq. ft. of comfortable living space in a prime location! This home is packed with value, featuring a partially finished basement complete with a full bathroom, wet bar, and workshop—perfect for entertaining or hobbies. Step into the spacious living room with a cozy wood-burning fireplace, and enjoy the oversized family room with a bright bay window and custom built-ins. The home also offers 1st-floor laundry, a heated garage, a freshly stained deck, and a fully fenced backyard with a storage shed for added convenience. Recent updates include: new flooring, fresh paint throughout, new appliances, updated countertops, and new bathroom vanities—too many improvements to list! Located in a desirable Saginaw Township neighborhood with easy access to everything. This move-in ready home is a must-see!

Highlights

Home typeSingle Family Residence
HeatingForced Air, Hot Water, Natural Gas
StatusActive
CoolingCentral Air
Size2,166 sqft
BasementYes
Lot size0.29 Acres
Year built1955
ParkingOne Car Garage, Attached
MLS #20251008160
Attached garage1 space

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Appliances: Dishwasher, Refrigerator
  • Basement: Yes
  • Interior: High Speed Internet
  • Total Bedroom Count: 4
  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: One Car Garage, Attached
  • Architectural Style: Ranch
  • Heating: Forced Air, Hot Water, Natural Gas
  • Cooling: Central Air
  • List Price: $229,000
  • Price/SqFt: $105
  • Annual Tax Amount: $2,403
  • Tax Year: 2024
  • Directions: Brockway to Rainbow
  • Year Built: 1955
  • Living Area: 2,166 SqFt
  • Lot Size: 0.29 Acres
  • MLS Number: 20251008160
  • MLS Name: Realcomp II Ltd
  • Office Name: Keller Williams First
  • Office Phone: (810) 515-1503
  • Listing Agent: Bahia M Jarrah

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 © 2025 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: 6/17/2025, 2:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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1321 Rainbow Dr, Saginaw, MI 48638 - view of front of house with driveway, a garage, and a front lawn

$229,000

1321 Rainbow Dr

$2,719

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Feb 01, 2024
Home Sold
$89,502
Dec 04, 2018
Home Sold
$89,900

Tax history

YearAssessmentProperty Tax
2024$87,700$2,403
2023$79,000$2,483
2022$68,800$2,483
2021$60,500$2,330
2020$55,800$1,101
2018$51,200$1,638

History based on county public records data.

Nearby schools

3

Arrowwood Elementary School

Public District 3-5

0.5 mi

5410 Seidel Rd

10

Hemmeter Elementary School

Public Magnet PK-5

0.7 mi

1890 Hemmeter Rd

2

Chester F Miller School

Public District PK-6

1.1 mi

2020 Brockway St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $79,661. Most Saginaw, MI residents have annual incomes between $35k-100k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

18%
<35k
46%
35k-100k
30%
100k-200k
6%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

46%
Single, No Kids
4%
Single, with Kids
34%
Married, No Kids
16%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
7%
12-17 yrs old
11%
18-34 yrs old
39%
35-64 yrs old
31%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Horse RacesHorse Races
  • College BasketballCollege Basketball

Where do the neighbors shop?

  • Stein MartStein Mart
  • DillardsDillards
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • LongHorn SteakhouseLongHorn Steakhouse
  • Logan's RoadhouseLogan's Roadhouse

What do the neighbors drive?

  • LincolnLincoln
  • BuickBuick
  • HyundaiHyundai

What do the neighbors listen to?

  • ClassicalClassical
  • Contemporary InspirationalContemporary Inspirational
  • RockRock
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1321 Rainbow Dr

The listing price of 1321 Rainbow Dr property is $229,000.

The property 1321 Rainbow Dr is a house located in Saginaw, Michigan, 48638.

Active Listing: 1321 Rainbow Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1321 Rainbow Dr are: Arrowwood Elementary School (GreatSchools Rating 3/10), Hemmeter Elementary School (GreatSchools Rating 10/10), Chester F Miller School (GreatSchools Rating 2/10), White Pine Middle School (GreatSchools Rating 4/10), Thompson Middle School (GreatSchools Rating 1/10), Swan Valley Middle School (GreatSchools Rating 8/10), Arthur Hill High School (GreatSchools Rating 4/10), Heritage High School (GreatSchools Rating 6/10), Mackinaw High School (GreatSchools Rating 3/10).

According to the records, the last property tax for 2024 is $2,403 (source: MLS/based on county public records data).

The last sale was on February 1, 2024 for $89,502 (source: MLS/tax record).

The property at 1321 Rainbow Dr has 4 bedrooms and 2 full and 1 half bathrooms.

The property 1321 Rainbow Dr is 2,166 SqFt (source: MLS/tax record).

The year of construction for 1321 Rainbow Dr is 1955.

This home is located at 1321 Rainbow Dr in Saginaw, MI and zip code 48638. This 2,166 square foot home, which was built in 1955, sits on a 0.29 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 13, 2025 and is currently priced at $229,000.

Over 48 listings were sold over their listed price in May 2025 in Saginaw, MI. In the same period over 38 listings were sold below the listed price and 9 listings were sold for the listed price. The inventory of homes for sale in Saginaw, MI between April and May 2025 increased by 2.5%. Listings spent 33 days on the market in May 2025, and had a median list price of $146,625 during the same period.

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

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