1229 Rainbow Dr Silver Spring, MD 20905
Estimated Value: $611,151 - $689,000
Studio
3
Baths
2,100
Sq Ft
$312/Sq Ft
Est. Value
About This Home
This home is located at 1229 Rainbow Dr, Silver Spring, MD 20905 and is currently estimated at $655,288, approximately $312 per square foot. 1229 Rainbow Dr is a home located in Montgomery County with nearby schools including Cloverly Elementary School, Briggs Chaney Middle School, and Paint Branch High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 28, 1998
Sold by
K Glenn P and K Viernes S
Bought by
Bruce W W and Bruce Don O
Current Estimated Value
Purchase Details
Closed on
Jun 20, 1994
Sold by
Mazzilli Michael A
Bought by
Viernes Glenn P
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
8.5%
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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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Bruce W W | $222,000 | -- | |
| Viernes Glenn P | $217,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Viernes Glenn P | $150,000 |
Source: Public Records
Tax History Compared to Growth
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 | $5,997 | $512,067 | -- | -- |
| 2024 | $5,997 | $482,033 | $0 | $0 |
| 2023 | $4,133 | $452,000 | $219,100 | $232,900 |
| 2022 | $3,609 | $447,800 | $0 | $0 |
| 2021 | $3,817 | $443,600 | $0 | $0 |
| 2020 | $3,753 | $439,400 | $219,100 | $220,300 |
| 2019 | $3,647 | $429,233 | $0 | $0 |
| 2018 | $4,247 | $419,067 | $0 | $0 |
| 2017 | $4,172 | $408,900 | $0 | $0 |
| 2016 | -- | $396,767 | $0 | $0 |
| 2015 | $3,859 | $384,633 | $0 | $0 |
| 2014 | $3,859 | $372,500 | $0 | $0 |
Source: Public Records
Map
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