NOT LISTED FOR SALE

1187 Rainbow Dr Silver Spring, MD 20905

Estimated Value: $836,088 - $958,000

5 Beds
2.5 Baths
2,499 Sq Ft
$362/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $611,576 $245 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $5,351/month

221 Days on Market

Highlights

  • Built in 2016 | Newly Remodeled
  • Colonial Architecture
  • 1 Fireplace
  • Cloverly Elementary School Rated A-
  • Wood Flooring
  • Great Room

About This Home

As of September 2016

*Brand New Home* To be Built, The Alison! On the main floor of the Alison plan, you'll find a formal living room, a spacious family room and open kitchen with a center island, nook and optional gourmet features. Upstairs, enjoy a convenient laundry, a loft and a lavish master suite with an expansive walk-in closet. Personalize this plan with an optional sunroom, a deluxe master bath and more.

Last Agent to Sell the Property

Jay Day

(866) 702-9038 jayday@dayhometeam.com LPT Realty, LLC Listed on: 08/06/2015

Last Buyer's Agent

Jay Day

(866) 702-9038 jayday@dayhometeam.com LPT Realty, LLC Listed on: 08/06/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016 | Newly Remodeled

Lot Details

  • 0.25 Acre Lot

HOA Fees

  • $58 Monthly HOA Fees

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Brick Front

Interior Spaces

  • 2,499 Sq Ft Home
  • Property has 3 Levels
  • Ceiling height of 9 feet or more
  • 1 Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Game Room
  • Wood Flooring
  • Fire Sprinkler System

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Stove
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Finished Basement

  • Walk-Out Basement
  • Exterior Basement Entry
  • Sump Pump

Parking

  • Garage
  • Front Facing Garage

Schools

  • Cloverly Elementary School
  • Briggs Chaney Middle School
  • Paint Branch High School

Utilities

  • Cooling System Utilizes Natural Gas
  • Heating Available
  • Programmable Thermostat
  • 60+ Gallon Tank

Community Details

  • $175 Other One-Time Fees
  • Built by RICHMOND AMERICAN
  • Cloverly Forest Subdivision, Alison Floorplan

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 33
  • $650 Front Foot Fee per year

Home Details

Home Type

Single Family

Year Built

Built in 2016 | Newly Remodeled

Lot Details

0

HOA Fees

$58 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1
  • Year Built: 2016
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Cooktop, Dishwasher, Disposal, Icemaker, Microwave, Refrigerator, Stove
  • Interior Amenities: Family Room Off Kitchen, Kitchen - Island, Breakfast Area, Kitchen - Eat-In, Primary Bath(s), Upgraded Countertops, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 3+
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Game Room, Breakfast Room, Great Room, Laundry
  • Basement: Yes
  • Basement Type: Outside Entrance, Sump Pump, Fully Finished, Walkout Stairs
  • Living Area Units: Square Feet
  • Total Sq Ft: 2499
  • Living Area Sq Ft: 2499
  • Price Per Sq Ft: 244.73
  • Above Grade Finished Sq Ft: 2499
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Combination, Brick, Brick Front
  • Pool Private: No
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Garage
  • Garage Features: Garage - Front Entry

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Natural Gas
  • Cooling Type: Programmable Thermostat
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Programmable Thermostat
  • Heating: Yes
  • Hot Water: 60+ Gallon Tank
  • Security: Sprinkler System - Indoor
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 175.00
  • HOA Fee Frequency: Quarterly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually
  • Other Fees: 175.00
  • Other Fees Frequency: One Time

Schools

  • Elementary School: CLOVERLY
  • High School: PAINT BRANCH
  • Middle Or Junior School: BRIGGS CHANEY

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Area: 10890
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10890.00
  • Property Attached Yn: No

Building Info

  • Builder Name: RICHMOND AMERICAN

Rental Info

  • Vacation Rental: No

Multi Family

  • Front Foot Fee: 650.00

Tax Info

  • Assessor Parcel Number: 14122769
  • Assessor Parcel Number: 0000
  • Tax Lot: 33

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2015
Closed on
Sep 30, 2016
Sold by
Richmond American Homes Of Maryland Inc
Bought by
Beshah Amsalu
Seller's Agent
Jay Day
LPT Realty, LLC
Buyer's Agent
Jay Day
LPT Realty, LLC
List Price
$589,990
Sold Price
$611,576
Premium/Discount to List
$21,586
3.66%
Current Estimated Value
$881,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,927
Avg. Annual Appreciation
4.30%
Original Mortgage
$600,497
Outstanding Balance
$480,032
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$423,990
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Beshah Amsalu $611,576 American Home Title And Escr
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beshah Amsalu $600,497
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2016 09/30/16 Sold $611,576 0.0% $245 / Sq Ft
08/13/2016 08/13/16 Price Changed $611,576 +0.2% $245 / Sq Ft
05/11/2016 05/11/16 Price Changed $610,500 +3.2% $244 / Sq Ft
03/18/2016 03/18/16 Price Changed $591,407 +5.6% $237 / Sq Ft
03/14/2016 03/14/16 Price Changed $559,990 +1.8% $224 / Sq Ft
03/14/2016 03/14/16 Pending -- -- --
12/04/2015 12/04/15 Price Changed $549,990 -3.5% $220 / Sq Ft
10/08/2015 10/08/15 Price Changed $569,990 -3.4% $228 / Sq Ft
08/06/2015 08/06/15 For Sale $589,990 -- $236 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,198 $715,467 -- --
2024 $8,198 $673,033 $0 $0
2023 $7,688 $630,600 $219,900 $410,700
2022 $7,302 $624,500 $0 $0
2021 $7,088 $618,400 $0 $0
2020 $7,088 $612,300 $219,900 $392,400
2019 $7,072 $612,300 $219,900 $392,400
2018 $7,076 $612,300 $219,900 $392,400
2017 $7,434 $642,600 $0 $0
2016 -- $219,900 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jay Day

    Seller's Agent in 2016

    Jay Day

    LPT Realty, LLC

    (866) 702-9038

    1,195 Total Sales

    Jay Day
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Map

Source: Bright MLS

MLS Number: 1002365021

Bright MLS

APN: 05-03749826

Maryland Montgomery County Silver Spring 20905

1187 Rainbow Dr, Silver Spring, MD

Not Listed for Sale

Detached

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