NOT LISTED FOR SALE

1313 Rainbow Dr Silver Spring, MD 20905

Cloverly Area

Estimated Value: $633,000 - $719,000

4 Beds
3.5 Baths
2,390 Sq Ft
$279/Sq Ft Est. Value

Sale Details

Date Sold: April 1, 2014

Last sale price $350,000 $146 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $4,115 / mo

123 Days on Market

Highlights

  • Open Floorplan
  • Colonial Architecture
  • No HOA
  • Cloverly Elementary School Rated A-
  • Combination Kitchen and Living
  • 4-minute walk to Wembrough Neighborhood Park

About This Home

As of April 2014

HUGE OPPORTUNITY FOR FAMILY HOME ON A LARGE .25 ACRE, THE HOUSE HAS AN OPEN FLOOR PLAN WITH A SKYLIT FAMILY ROOM ADDITION THAT LEADS TO A DECK . SOME TLC REQUIRED PLEASE SEE TO BELIEVE. THIS HOME HAS A FULL BASEMENT, TWO CAR GARAGE, AND A SHED WITH CONCRETE PAD. NO HOA AND HAS SPACE FOR MULTIPLE CARS AND OR TRUCKS. PROPERTY SALES AS IS. INCLUDES ONE YEAR WARRANTY.

Last Agent to Sell the Property

JESSE ROSARIO

jesseb.rosario@gmail.com Spring Hill Real Estate, LLC. License #MRIS:3053497 Listed on: 09/23/2013

Last Buyer's Agent

JESSE ROSARIO

jesseb.rosario@gmail.com Spring Hill Real Estate, LLC. License #MRIS:3053497 Listed on: 09/23/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,593

Year Built

  • Built in 1972

Lot Details

  • 11,050 Sq Ft Lot
  • Property is zoned RE1

Parking

  • 2 Car Attached Garage
  • Free Parking
  • Front Facing Garage
  • Brick Driveway
  • On-Site Parking for Rent

Home Design

  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Combination Kitchen and Living

Kitchen

  • Breakfast Area or Nook
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3.5 Bathrooms

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Side Exterior Basement Entry

Utilities

  • Cooling System Utilizes Natural Gas
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Public Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 22
  • Assessor Parcel Number 160500380083

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,593

Year Built

Built in 1972

Lot Details

0.25 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1972
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Area, Kitchen - Island, Combination Kitchen/Living, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Living Room
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Side Entrance, Outside Entrance, Connecting Stairway, Full, Fully Finished, Heated, Improved
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 1.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • 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
  • Parking Features: On-Site - Rent, Garage, Free, Brick Driveway
  • Garage Features: Covered Parking, Garage - Front Entry
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Refuse: 213.75
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric, Natural Gas
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic, Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 188100.00
  • Land Assessed Value: 190600.00
  • Lot Size Acres: 0.25
  • Lot Size Area: 11050
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11050.00
  • Zoning: RE1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13807032
  • Tax Annual Amount: 4592.82
  • Assessor Parcel Number: 160500380083
  • Tax Lot: 22
  • County Tax Payment Frequency: Annually
  • Tax Year: 2014

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2015
Sold by
Bought by
Current Estimated Value
$666,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,545
Interest Rate
0.0419%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 23, 2013
Closed on
Apr 2, 2014
Sold by
Bought by
Seller's Agent
JESSE ROSARIO
Spring Hill Real Estate, LLC.
Buyer's Agent
JESSE ROSARIO
Spring Hill Real Estate, LLC.
List Price
$450,000
Sold Price
$350,000
Premium/Discount to List
-$100,000
-22.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%
Original Mortgage
$343,660
Interest Rate
0.0412%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 25, 2004
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Security American Title Llc
$350,000 Executive Title & Escrow Llc
$390,000 --
$390,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $423,000
Closed $421,700
Closed $416,500
Closed $410,815
Closed $380,545
Closed $343,660
Previous Owner $98,500
Previous Owner $422,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/01/2014 04/01/14 Sold $350,000 -22.2% $146 / Sq Ft
01/24/2014 01/24/14 Pending -- -- --
01/14/2014 01/14/14 Price Changed $450,000 0.0% $188 / Sq Ft
01/14/2014 01/14/14 For Sale $450,000 +36.4% $188 / Sq Ft
10/11/2013 10/11/13 Pending -- -- --
10/01/2013 10/01/13 Price Changed $329,995 -17.5% $138 / Sq Ft
09/23/2013 09/23/13 For Sale $399,995 -- $167 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,944 $530,033
2024 $6,177 $497,667 $0 $0
2023 $5,088 $465,300 $218,800 $246,500
2022 $4,801 $460,800 $0 $0
2021 $4,623 $456,300 $0 $0
2020 $4,623 $451,800 $218,800 $233,000
2019 $4,487 $440,867 $0 $0
2018 $4,367 $429,933 $0 $0
2017 $4,331 $419,000 $0 $0
2016 -- $405,567 $0 $0
2015 $4,006 $392,133 $0 $0
2014 $4,006 $378,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    JESSE ROSARIO

    Spring Hill Real Estate, LLC.

See All Agents

Map

Source: Bright MLS

MLS Number: 1003727064

Bright MLS

APN: 05-00380083

Maryland Montgomery County Silver Spring 20905

1313 Rainbow Dr, Silver Spring, MD

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