NOT LISTED FOR SALE

1212 Rainbow Dr Unit REAR APARTMENT Silver Spring, MD 20905

Estimated Value: $660,000 - $811,000

2 Beds
1 Bath
700 Sq Ft
0.91 Acres

Highlights

  • View of Trees or Woods
  • 0.91 Acre Lot
  • No HOA
  • Cloverly Elementary School Rated A-
  • Wooded Lot
  • Upgraded Countertops

About This Home

As of December 2023

Welcome to Your New Home! Discover the tranquility of this 2-bedroom, 1-bathroom unit situated at the rear of a single-family residence on an expansive nearly 1-acre lot, offering breathtaking views of nature.

This fully renovated unit boasts modern upgrades, including new kitchen cabinets, quartz countertops, porcelain and LVP flooring, and an abundance of recessed lighting. Fresh paint throughout adds to the unit's crisp and inviting atmosphere.

Enjoy the convenience of a private entrance and ample parking space for 2-3 vehicles, providing both comfort and accessibility.

Centrally located, this property offers quick access to major roads such as ICC, Route 29, I-95, and 495, facilitating easy travel to popular destinations between Baltimore and DC. A commuter lot in Burtonsville, less than 5 miles away, adds to the property's commuter-friendly appeal.

Say goodbye to utility bills! All utilities, including Verizon FIOS internet, are included in the rent, simplifying your budget and providing hassle-free living.

Schedule Your Viewing Today!

Important Details: *Please do not disturb the tenant living in the front of the house. **Occupancy limited to no more than 3 persons in the unit.

Last Agent to Rent the Property

Sheebu Thomas

sheebuthomasrealty@gmail.com Samson Properties License #5014845 Listed on: 11/07/2023

Samson Properties

Last Renter's Agent

Sheebu Thomas

sheebuthomasrealty@gmail.com Samson Properties License #5014845 Listed on: 11/07/2023

Samson Properties

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,952

Year Built

  • Built in 1979 | Remodeled in 2023

Lot Details

  • Wooded Lot
  • Back Yard
  • Property is in excellent condition

Home Design

  • Entry on the 1st floor
  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation
  • Spray Foam Insulation
  • Batts Insulation
  • Architectural Shingle Roof
  • Aluminum Siding
  • Copper Plumbing
  • CPVC or PVC Pipes
  • Tile

Interior Spaces

  • 700 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Combination Dining and Living Room
  • Luxury Vinyl Plank Tile Flooring
  • Views of Woods
  • Crawl Space

Kitchen

  • Eat-In Galley Kitchen
  • Electric Oven or Range
  • Stove
  • Range Hood
  • Freezer
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • En-Suite Bathroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Stacked Washer and Dryer

Home Security

  • Exterior Cameras
  • Flood Lights

Parking

  • 2 Off-Street Spaces
  • Dirt Driveway

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Suburban Location

Schools

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

Utilities

  • Central Heating and Cooling System
  • Wall Furnace
  • Vented Exhaust Fan
  • Electric Water Heater

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,800
  • Tenant pays for minor interior maintenance, light bulbs/filters/fuses/alarm care
  • The owner pays for all utilities
  • Rent includes air conditioning, common area maintenance, cooking, electricity, fiber optics at dwelling, grounds maintenance, heat, HVAC maint, lawn service, parking, sewer, trash removal, snow removal, water
  • No Smoking Allowed
  • 12-Month Min and 36-Month Max Lease Term
  • Available 11/11/23
  • $50 Application Fee
  • Assessor Parcel Number 160500380026

Community Details

Overview

  • No Home Owners Association
  • Low-Rise Condominium
  • Good Hope Estates Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis
  • Pet Deposit $500
  • $60 Monthly Pet Rent

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,952

Year Built

Built in 1979 | Remodeled in 2023

Lot Details

0

Rental Info

  • Date Available: 2023-11-11
  • Application Fee: 50.00
  • Monthly Pet Rent: 60.00
  • Owner Pays: All Utilities
  • Pet Deposit: 500.00
  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Rent Includes: Air Conditioning, Common Area Maintenance, Cooking, Electricity, Fiber Optics At Dwelling, Grounds Maintenance, Heat, Hvac Maint, Lawn Service, Parking, Sewer, Trash Removal, Snow Removal, Water
  • Security Deposit: 1800.00
  • Smoking Allowed Yn: No
  • Tenant Pays: Minor Interior Maintenance, Light Bulbs/Filters/Fuses/Alarm Care
  • Vacation Rental: No
  • Property Manager: No
  • Max Lease in Months: 36
  • Min Lease in Months: 12
  • Rent Spree Online Application: Yes

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Unit/Flat/Apartment
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Unit/Flat
  • Historic: No
  • Inclusions: All utilities are provided including Verizon FIOS internet
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-11-11
  • Federal Flood Zone: No
  • Year Built: 1979
  • Year Renovated: 2023
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Washer Dryer Hookups YN: Yes
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Appliances: Dishwasher, Disposal, Exhaust Fan, Oven/Range - Electric, Range Hood, Refrigerator, Stove, Water Heater, Washer/Dryer Stacked, Freezer, Icemaker
  • Entry Floor: 1
  • Flooring Type: Luxury Vinyl Plank
  • Interior Amenities: Kitchen - Table Space, Primary Bath(s), Combination Dining/Living, Ceiling Fan(s), Kitchen - Galley, Upgraded Countertops, Window Treatments, Recessed Lighting
  • Fireplace: No
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Slab, Crawl Space, Block
  • Levels Count: 1
  • Room Count: 2
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 700
  • Living Area Sq Ft: 700
  • Price Per Sq Ft: 2.57
  • Above Grade Finished Sq Ft: 700
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1212

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding, Batts Insulation, Brick Veneer, Concrete, Copper Plumbing, Cpvc/Pvc, Glass, Spray Foam Insulation, Tile
  • Exterior Features: Exterior Lighting, Flood Lights, Gutter System
  • Roof: Architectural Shingle
  • Spa: No
  • View: Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Asphalt Driveway, Dirt Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Central, Wall Unit
  • Heating: Yes
  • Hot Water: Electric
  • Security: Exterior Cameras, Smoke Detector, Carbon Monoxide Detector(s)
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No
  • Internet Services: Fiber Optic

Condo/Co-op/Association

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

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: CLOVERLY
  • Middle School: BRIGGS CHANEY
  • High School: PAINT BRANCH
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: CLOVERLY
  • High School: PAINT BRANCH
  • Middle Or Junior School: BRIGGS CHANEY

Lot Info

  • Horses: No
  • Land Use Code: R
  • Lot Features: Trees/Wooded, Rear Yard
  • Lot Size Acres: 0.91
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 39462.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Excellent
  • Zoning: RE1

Tax Info

  • Assessor Parcel Number: 160500380026
  • Tax Total Finished Sq Ft: 2986
  • Close Date: 12/01/2023

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2015
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Thomas Sheena R and Thomas Jaisy
Current Estimated Value
$735,750

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,540
Outstanding Balance
$238,876
Interest Rate
3.83%
Mortgage Type
FHA
Estimated Equity
$496,874

Purchase Details

Closed on
Nov 11, 2013
Sold by
Wells Fargo Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Oct 9, 2013
Sold by
Brown Christina L and Brown Jacquelyn K
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 28, 2008
Sold by
Brodsky Marc
Bought by
Brown Christina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,818
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 2008
Sold by
Brodsky Marc
Bought by
Brown Christina L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,818
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Thomas Sheena R $325,001 First American Title Ins Co
The Secretary Of Housing & Urban Develop -- None Available
Wells Fargo Bank Na $449,986 None Available
Brown Christina L $420,000 --
Brown Christina L $420,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Sheena R $307,540
Previous Owner Brown Christina L $332,818
Previous Owner Brown Christina L $332,818
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2023 12/01/23 Rented $1,920 0.0% --
12/01/2023 12/01/23 Price Changed $1,920 +6.7% $3 / Sq Ft
11/28/2023 11/28/23 Under Contract -- -- --
11/07/2023 11/07/23 For Rent $1,800 -- --
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 $6,952 $581,100 -- --
2024 $6,952 $553,200 $0 $0
2023 $6,598 $525,300 $268,000 $257,300
2022 $6,272 $520,600 $0 $0
2021 $6,078 $515,900 $0 $0
2020 $6,078 $511,200 $268,000 $243,200
2019 $5,932 $499,667 $0 $0
2018 $5,806 $488,133 $0 $0
2017 $5,083 $476,600 $0 $0
2016 $4,179 $450,833 $0 $0
2015 $4,179 $425,067 $0 $0
2014 $4,179 $399,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2111782

Bright MLS

APN: 05-00380026