NOT LISTED FOR SALE

1195 Rainbow Dr Silver Spring, MD 20905

Estimated Value: $849,000 - $970,000

4 Beds
4.5 Baths
4,014 Sq Ft
$225/Sq Ft Est. Value

Last Sold March 28, 2018

Last sale price $649,990 $162 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,576/month

53 Days on Market

Highlights

  • Built in 2017 | Newly Remodeled
  • Gourmet Kitchen
  • Backs to Trees or Woods
  • Cloverly Elementary School Rated A-
  • Colonial Architecture
  • Wood Flooring

About This Home

As of March 2018

Charming new stone front home. The main floor offers a spacious great room, fireplace, dining room that flows into a well-appointed kitchen, huge walk in pantry, mud room and center island. Plus main level bedroom and full bath! Upper level laundry room with large loft, master suite with immense walk in closet and deluxe bath. 3rd floor versatile loft and finished walkout basement. Come see!

Last Agent to Sell the Property

Darlene Flaxman

(410) 952-1918 darlene.flaxman@richmondamericanhomes.com Richmond Realty, Inc. Listed on: 01/04/2018

Last Buyer's Agent

Bob Chew

(410) 995-9600 brg@bobandronna.com Samson Properties License #0225277244

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,450

Year Built

  • Built in 2017 | Newly Remodeled

Lot Details

  • 0.27 Acre Lot
  • Landscaped
  • The property's topography is level
  • Backs to Trees or Woods
  • Property is in very good condition
  • Property is zoned RE1

HOA Fees

  • $58 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Asphalt Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Built-In Features
  • Ceiling height of 9 feet or more
  • Recessed Lighting
  • Fireplace Mantel
  • Gas Fireplace
  • Double Pane Windows
  • Low Emissivity Windows
  • Insulated Windows
  • Window Screens
  • Sliding Doors
  • Insulated Doors
  • Six Panel Doors
  • Great Room
  • Family Room Off Kitchen
  • Dining Room
  • Loft
  • Game Room
  • Storage Room
  • Laundry Room
  • Wood Flooring

Kitchen

  • Gourmet Kitchen
  • Breakfast Area or Nook
  • Built-In Self-Cleaning Double Oven
  • Gas Oven or Range
  • Cooktop
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • Ice Maker
  • ENERGY STAR Qualified Dishwasher
  • Kitchen Island
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • En-Suite Bathroom
  • 4.5 Bathrooms

Finished Basement

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

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Utilities

  • 90% Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • Energy-Efficient Lighting
  • Porch

Community Details

  • Association fees include trash
  • Built by RICHMOND AMERICAN HOMES
  • Cloverly Forest Subdivision, Coronado II Floorplan
  • Cloverly Forest Community

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 35
  • Assessor Parcel Number 160503749848
  • $650 Front Foot Fee per year

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,450

Year Built

Built in 2017 | Newly Remodeled

Lot Details

0

HOA Fees

$58 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: Yes
  • Story List: Lower 1, Main, Upper 1, Upper 2
  • Year Built: 2017
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Energy Star Dishwasher, Energy Star Refrigerator, Exhaust Fan, Icemaker, Microwave, Oven - Double, Oven - Self Cleaning, Oven - Wall, Oven/Range - Gas, Refrigerator, Water Heater
  • Interior Amenities: Breakfast Area, Kitchen - Gourmet, Family Room Off Kitchen, Kitchen - Island, Dining Area, Primary Bath(s), Built-Ins, Upgraded Countertops, Wood Floors, Recessed Lighting
  • Window Features: Low-E, Double Pane, Insulated, Screens
  • Fireplace Features: Mantel(s), Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Six Panel, Sliding Glass
  • Wall Ceiling Types: 9'+ Ceilings
  • Levels Count: 3+
  • Room List: Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Great Room, Laundry, Loft, Storage Room
  • Basement: Yes
  • Basement Type: Rear Entrance, Sump Pump, Fully Finished, Improved, Walkout Level
  • Living Area Units: Square Feet
  • Total Sq Ft: 4014
  • Living Area Sq Ft: 4014
  • Price Per Sq Ft: 194.49
  • Above Grade Finished Sq Ft: 3337
  • Below Grade Finished Sq Ft: 677
  • Total Below Grade Sq Ft: 677
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 1
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level 2 Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Vinyl Siding, Stone
  • Pool Private: No
  • Roof: Asphalt
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Garage
  • Parking Space Number Assigned: 2
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: 90% Forced Air, Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Sprinkler System - Indoor, Carbon Monoxide Detector(s), Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Green Features

  • Efficiency: Appliances, Lighting
  • Green Verification: No
  • Green Water Conservation: Low-Flow Fixtures

Lot Info

  • Land Assessed Value: 213000.00
  • Lot Features: Backs To Trees, Landscaping
  • Lot Size Acres: 0.27
  • Lot Size Area: 11945
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11945.00
  • Outdoor Living Structures: Porch(es)
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Topography: Level
  • Zoning: RE1

Building Info

  • Builder Name: RICHMOND AMERICAN HOMES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14122842
  • Tax Annual Amount: 2449.92
  • Assessor Parcel Number: 160503749848
  • Tax Lot: 35
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

Multi Family

  • Front Foot Fee: 650.00

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2018
Closed on
Mar 26, 2018
Sold by
Richmond American Homes Of Maryland Inc
Bought by
Green Ryan David
Seller's Agent
Darlene Flaxman
Richmond Realty, Inc.
Buyer's Agent
Bob Chew
Samson Properties
List Price
$659,000
Sold Price
$649,990
Premium/Discount to List
-$9,010
-1.37%
Current Estimated Value
$916,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,168
Avg. Annual Appreciation
4.30%
Original Mortgage
$662,953
Outstanding Balance
$569,332
Interest Rate
4.38%
Mortgage Type
VA
Estimated Equity
$333,584
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Green Ryan David $649,000 Stewart Title Of Maryland In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Green Ryan David $662,953
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2018 03/28/18 Sold $649,990 +0.2% $162 / Sq Ft
02/26/2018 02/26/18 Pending -- -- --
02/20/2018 02/20/18 Price Changed $649,000 -1.4% $162 / Sq Ft
01/17/2018 01/17/18 Price Changed $658,000 -0.2% $164 / Sq Ft
01/04/2018 01/04/18 For Sale $659,000 -- $164 / 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 $8,729 $767,333 -- --
2024 $8,729 $719,367 $0 $0
2023 $7,463 $671,400 $213,000 $458,400
2022 $7,035 $663,300 $0 $0
2021 $6,890 $655,200 $0 $0
2020 $6,777 $647,100 $213,000 $434,100
2019 $6,761 $647,100 $213,000 $434,100
2018 $6,760 $647,100 $213,000 $434,100
2017 $2,456 $213,000 $0 $0
2016 -- $213,000 $0 $0
2015 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1004404125

Bright MLS

APN: 05-03749848