NOT LISTED FOR SALE

1300 Rainbow Ave Cambridge, MD 21613

Estimated Value: $234,039 - $255,000

3 Beds
2 Baths
1,120 Sq Ft
$218/Sq Ft Est. Value

Last Sold September 15, 2023

Last sale price $210,000 $188 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,554/month

20 Days on Market

Highlights

  • Rambler Architecture
  • Central Air
  • Heat Pump System
  • No HOA

About This Home

As of September 2023

Welcome to 1300 Rainbow Avenue! This charming house is the perfect fit for the first time homebuyer. With three bedrooms, two bathrooms, and 1120 square feet of living space, you'll have plenty of room to make this house your own.The house features a fully fenced in yard, perfect for pets or children. Inside, you'll find fresh paint and a new refrigerator. And with one floor living, you won't have to worry about navigating stairs.The location of this property is ideal. You're close to local shopping centers and restaurants, as well as easy access to major highways. Plus, you're only a short drive away from attractions in the city.This property is truly a gem. Don't miss out on the opportunity to call it yours! Schedule a showing today and get ready to make your dreams of homeownership come true!

Last Agent to Sell the Property

Cassondra Smith

(585) 350-8057 cassiesmith0828@gmail.com Douglas Realty, LLC Listed on: 07/17/2023

Douglas Realty, LLC

Last Buyer's Agent

Larry Mills

(443) 521-1515 larryespinc@gmail.com Eastern Shore Properties, ESP Inc. License #52635

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,309

Year Built

  • Built in 2006

Lot Details

  • 10,050 Sq Ft Lot

Parking

  • Driveway

Home Design

  • Rambler Architecture
  • Vinyl Siding

Interior Spaces

  • 1,120 Sq Ft Home
  • Property has 1 Level
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Cambridge Subdivision

Listing and Financial Details

  • Tax Lot 44
  • Assessor Parcel Number 1007219482

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,309

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Ranch/Rambler
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2023-07-17
  • Year Built: 2006
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Crawl Space
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 1120
  • Living Area Sq Ft: 1120
  • Price Per Sq Ft: 187.50
  • Above Grade Finished Sq Ft: 1120
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • 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

Lot Info

  • Lot Size Acres: 0.23
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10050.00
  • Zoning: R
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2309.00
  • Assessor Parcel Number: 1007219482
  • Tax Lot: 44
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: DORCHESTER COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2023
Closed on
Sep 15, 2023
Sold by
Sailor Harlan
Bought by
Cornish Shirley Shivon
Seller's Agent
Cassondra Smith
Douglas Realty, LLC
Buyer's Agent
Larry Mills
Eastern Shore Properties, ESP Inc.
List Price
$220,000
Sold Price
$210,000
Premium/Discount to List
-$10,000
-4.55%
Views
140
Current Estimated Value
$244,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,510
Avg. Annual Appreciation
7.06%
Original Mortgage
$206,196
Outstanding Balance
$201,928
Interest Rate
7.09%
Mortgage Type
FHA
Estimated Equity
$42,582

Purchase Details

Listed on
Dec 7, 2022
Closed on
Dec 29, 2022
Sold by
Brohawn Melanie L
Bought by
Sailor Lillian M and Sailor Harlan
Seller's Agent
Dawn Shorter
McClain-Williamson Realty, LLC
Buyer's Agent
Cassondra Smith
Douglas Realty, LLC
List Price
$190,000
Sold Price
$190,000
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.14%
Original Mortgage
$191,919
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2006
Sold by
B'S & D'S Rentals Llc
Bought by
Brohawn Melanie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 13, 2006
Sold by
B'S & D'S Rentals Llc
Bought by
Brohawn Melanie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage
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
Cornish Shirley Shivon $210,000 None Listed On Document
Cornish Shirley Shivon $210,000 None Listed On Document
Sailor Lillian M $190,000 --
Brohawn Melanie L $165,000 --
Brohawn Melanie L $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cornish Shirley Shivon $206,196
Closed Cornish Shirley Shivon $206,196
Previous Owner Sailor Lillian M $191,919
Previous Owner Brohawn Melanie L $165,000
Previous Owner Brohawn Melanie L $165,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2023 09/15/23 Sold $210,000 0.0% $188 / Sq Ft
07/17/2023 07/17/23 Price Changed $210,000 -4.5% $188 / Sq Ft
07/17/2023 07/17/23 For Sale $220,000 +15.8% $196 / Sq Ft
12/29/2022 12/29/22 Sold $190,000 0.0% $170 / Sq Ft View Prior Sale
12/07/2022 12/07/22 Pending -- -- --
12/07/2022 12/07/22 For Sale $190,000 -- $170 / 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 $3,202 $180,400 $30,700 $149,700
2024 $2,650 $161,900 $0 $0
2023 $2,650 $143,400 $0 $0
2022 $4,617 $124,900 $30,700 $94,200
2021 $2,188 $120,467 $0 $0
2020 $2,188 $116,033 $0 $0
2019 $2,128 $111,600 $21,600 $90,000
2018 $2,075 $111,600 $21,600 $90,000
2017 $2,229 $111,600 $0 $0
2016 -- $121,300 $0 $0
2015 -- $121,300 $0 $0
2014 -- $121,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDDO2005180

Bright MLS

APN: 07-219482