NOT LISTED FOR SALE

1204 Rainbow Dr Silver Spring, MD 20905

Estimated Value: $607,000 - $654,000

4 Beds
2.5 Baths
2,080 Sq Ft
$302/Sq Ft Est. Value

Last Sold December 13, 2019

Last sale price $465,000 $224 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,797/month

3 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Cloverly Elementary School Rated A-

About This Home

As of December 2019

This four-bedroom home features two and one-half baths, a large family room with a fireplace, a screened in porch overlooking the fenced back yard, a bonus room over the garage and room for possible expansion (Permit needed) for another private master bedroom suite with a full bath.

Last Agent to Sell the Property

Kevin Hughes

(410) 596-3881 kevin.hughes.g@gmail.com Blue Crab Real Estate, LLC. License #638551-01 Listed on: 11/02/2019

Last Buyer's Agent

Cynthia Marshall-McFarland

(301) 412-2440 cynthiam.mcfarland@cbmove.com Berkshire Hathaway HomeServices PenFed Realty License #SP98376638

Berkshire Hathaway HomeServices PenFed Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,365

Year Built

  • Built in 1972

Lot Details

  • 0.26 Acre Lot
  • Property is zoned RE1

Parking

  • 2 Car Attached Garage
  • Front Facing Garage
  • Driveway
  • On-Street Parking

Home Design

  • Split Level Home

Interior Spaces

  • Property has 3 Levels

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Basement

  • Connecting Stairway
  • Natural lighting in basement

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Good Hope Estates Subdivision

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 160500380048

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,365

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2019-11-03
  • Year Built: 1972
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Daylight, Full
  • Total Sq Ft: 2340
  • Living Area Sq Ft: 2080
  • Price Per Sq Ft: 255.49
  • Above Grade Finished Sq Ft: 1820
  • Below Grade Finished Sq Ft: 260
  • Below Grade Sq Ft: 260
  • Total Below Grade Sq Ft: 520
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Main Level Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 3.00
  • Main Level Full Bathrooms: 2
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • 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
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage, Driveway, On Street

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 127900.00
  • Land Assessed Value: 219800.00
  • Lot Size Acres: 0.26
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11439.00
  • Zoning: RE1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13911948
  • Tax Annual Amount: 4365.00
  • Assessor Parcel Number: 160500380048
  • Tax Lot: 32
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2019
Closed on
Dec 13, 2019
Sold by
Sciannella Laura J
Bought by
Riggins Nickesha Nicole and Riggins Terry Tyrone
Seller's Agent
Kevin Hughes
Blue Crab Real Estate, LLC.
Buyer's Agent
Cynthia Marshall-McFarland
Berkshire Hathaway HomeServices PenFed Realty
List Price
$465,000
Sold Price
$465,000
Current Estimated Value
$628,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,216
Avg. Annual Appreciation
5.06%
Original Mortgage
$358,050
Outstanding Balance
$315,673
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$312,543

Purchase Details

Closed on
Sep 4, 2018
Sold by
Sciannella Paul A and Sciannella Laura J
Bought by
Sciannella Laura J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 1999
Sold by
Naftali Guy
Bought by
Sciannella Paul A and Sciannella J L

Purchase Details

Closed on
Jan 23, 1997
Sold by
Federal Natl Mortgage Assoc
Bought by
Naftali Guy and Levine Jo L

Purchase Details

Closed on
Mar 21, 1996
Sold by
Subash K K and Subash Dutta S
Bought by
Federal Natl Mortgage Assoc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Riggins Nickesha Nicole $465,000 Consumer Real Estate Ttl Inc
Sciannella Laura J -- Stewart Title Guaranty Co
Sciannella Paul A $185,000 --
Naftali Guy $155,000 --
Federal Natl Mortgage Assoc $167,968 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riggins Nickesha Nicole $358,050
Previous Owner Sciannella Laura J $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2019 12/13/19 Sold $465,000 0.0% $224 / Sq Ft
11/05/2019 11/05/19 Pending -- -- --
11/02/2019 11/02/19 For Sale $465,000 -- $224 / 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 $6,148 $530,167 -- --
2024 $6,148 $489,233 $0 $0
2023 $6,340 $448,300 $219,800 $228,500
2022 $4,400 $424,467 $0 $0
2021 $4,083 $400,633 $0 $0
2020 $3,795 $376,800 $219,800 $157,000
2019 $3,674 $367,100 $0 $0
2018 $3,948 $357,400 $0 $0
2017 $3,320 $347,700 $0 $0
2016 -- $322,700 $0 $0
2015 $3,152 $297,700 $0 $0
2014 $3,152 $272,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC685042

Bright MLS

APN: 05-00380048