Sold
27881 Rackham Drive, Lathrup Village, MI 48076
Sold on 05/13/2026 for$352,000
MLS # 20261028040 (Realcomp)
4 beds4 baths4,839 sqftBuilt 19410.64 acres
1 / 35
Listing Description
***Multiple offers. H&B Due by Wednesday Apr 29 10am***Welcome to this impressive estate in highly sought after Lathrup Village! This sprawling cape cod features 4-bedroom, 4 full baths, and 4 fireplaces! This unique residence features a spacious layout with inviting living areas, perfect for both everyday living and entertaining. The extra large finished basement adds valuable extra space—ideal for a home office, recreation area, or guest suite.The roof, furnace, AC and electrical have all been updated in recent years, leaving the opportunity for a homeowner or investor to make cosmetic renovations that could have a six figure upside $$$Situated on over a half acre, you can step outside to your private outdoor entertainment space, designed for gatherings, relaxing evenings, and making the most of Michigan summers.
Source: SparkMLS
About this home
Located in Lathrup Village in Lathrup Village, this property offers 4-bedroom, 4-bath, 4,839 sq ft, with original construction dating to 1941.
Closed at $352,000 (about $73/sq ft).
Estimated annual property tax: $5,422, or about $452 monthly. Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by DTE Electric Company; natural gas by Consumers Energy Company.
Listing Property Details
Property TypeResidential
Property SubtypeSingle Family Residence
Bedrooms4
Bathrooms4
Living Area4,839 sqft
Lot Size0.64 acres
Year Built1941
Stories1
Location
CityLathrup Village
MunicipalityLathrup Vllg
Zip Code48076
CountyOakland
School DistrictSouthfield
Construction & Systems
ConstructionBrick
BasementCrawl Space, Slab
Garage2 spaces
HeatingForced Air
WaterPublic
SewerPublic
InteriorBasement Finished
Sale & Financing
Listed4/22/2026
Sold Date5/12/2026
Terms AcceptedCash, Conventional, FHA
Source: SparkMLS
Tax Information
Annual Tax$5,422
State Equalized Value$228,550
Taxable Value$94,810
Parcel #2414327001
Source: Public Records
Legal Description
T1N, R10E, SEC 14 LOUISE LATHRUP'S CALIFORNIA BUNGALOW SUB NO 6 LOT 3734 EXC S 14 FT, ALSO ALL OF LOTS 3735 & 3736
Property Records
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Rachel Warren
Worth Clark Realty
Frequently Asked Questions about 27881 Rackham Drive, Lathrup Village, MI 48076
What school district is 27881 Rackham Drive, Lathrup Village, MI 48076 in?
Per MLS# 20261028040, this property is served by Southfield. In Michigan, school district boundaries are set by the state and do not always follow city limits.
Can I use FHA or VA financing for this property?
Per MLS# 20261028040, the seller has indicated this property accepts the following financing types: Cash, Conventional, FHA. FHA financing can offer lower down payment requirements for qualified buyers. Financing acceptance is subject to change — confirm with the listing agent.
How much are property taxes for this home?
Per MLS# 20261028040, the most recent reported annual property tax for 27881 Rackham Drive, Lathrup Village, MI 48076 is $5,422. Michigan property taxes are based on a property's taxable value multiplied by the local millage rate. Primary residences qualify for a homestead exemption that lowers the rate.
Is 27881 Rackham Drive, Lathrup Village, MI 48076 eligible for USDA financing?
Per USDA boundary maps, this property is located in a USDA-eligible area, which means qualified buyers may be able to finance with 0% down through the USDA Rural Development program. Confirm current eligibility directly with USDA.
What is the FEMA flood zone designation for this property?
Per FEMA's National Flood Hazard Layer, 27881 Rackham Drive, Lathrup Village, MI 48076 is in flood zone X (minimal risk). Flood insurance is not typically required in this zone but may still be advisable. FEMA flood maps are updated periodically — verify the current designation at msc.fema.gov.
Who are the utility providers for this property?
Per Michigan Public Service Commission service territory data: Electric: DTE Electric Company. Gas: Consumers Energy Company. Sewer: Public. Water: Public. Confirm service details directly with providers.
How safe is this area?
Per our practice, crime and safety data should be obtained directly from the authoritative source. Oakland County law enforcement agencies participate in CLEMIS (Courts and Law Enforcement Management Information System) for public safety records.
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Monthly payment$2,367
Principal & interest$2,367
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Utilities
DTE Electric Company
Investor-Owned
Consumers Energy Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
27881 Rackham Drive, Lathrup Village, MI 48076
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Municipality
Lathrup Village
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County
Oakland County
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