1309 Rainbow Ave Cambridge, MD 21613
Estimated Value: $165,265 - $255,000
3
Beds
1
Bath
1,672
Sq Ft
$129/Sq Ft
Est. Value
About This Home
This home is located at 1309 Rainbow Ave, Cambridge, MD 21613 and is currently estimated at $216,066, approximately $129 per square foot. 1309 Rainbow Ave is a home located in Dorchester County with nearby schools including Choptank Elementary School, Mace's Lane Middle School, and Cambridge-South Dorchester High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 28, 2017
Sold by
Butler Sandra E and Cheezum Linda S
Bought by
West End Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$41,809
Interest Rate
3.86%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$174,257
Purchase Details
Closed on
Apr 5, 2010
Sold by
Deutsche Bank National Trust
Bought by
Butler Sandra E
Purchase Details
Closed on
Nov 23, 2009
Sold by
Betts Amy L and Betts Scott C
Bought by
Deutsche Bank National Trust Co
Purchase Details
Closed on
May 5, 2005
Sold by
Burke James W
Bought by
Betts Amy L and Betts Scott C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
10.55%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Oct 19, 1999
Sold by
Burke James W
Bought by
Burke James W
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| West End Llc | $30,000 | None Available | |
| Butler Sandra E | $32,000 | -- | |
| Deutsche Bank National Trust Co | $52,500 | -- | |
| Betts Amy L | $60,000 | -- | |
| Burke James W | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | West End Llc | $50,000 | |
| Previous Owner | Betts Amy L | $80,000 |
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 | $1,418 | $75,500 | $30,300 | $45,200 |
| 2024 | $1,223 | $70,833 | $0 | $0 |
| 2023 | $1,223 | $66,167 | $0 | $0 |
| 2022 | $1,137 | $61,500 | $30,300 | $31,200 |
| 2021 | $1,160 | $61,500 | $30,300 | $31,200 |
| 2020 | $1,160 | $61,500 | $30,300 | $31,200 |
| 2019 | $1,176 | $61,700 | $21,200 | $40,500 |
| 2018 | $1,146 | $61,700 | $21,200 | $40,500 |
| 2017 | $1,146 | $61,700 | $0 | $0 |
| 2016 | -- | $61,700 | $0 | $0 |
| 2015 | $1,325 | $61,700 | $0 | $0 |
| 2014 | $1,325 | $61,700 | $0 | $0 |
Source: Public Records
Map
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