$625,000
OPEN SUN 1PM - 4PM

1320 Rainbow Dr Silver Spring, MD 20905

Estimated payment $3,681/month

Total Views 14,351
5 Beds
3 Baths
2,056 Sq Ft
$304 Price per Sq Ft

Highlights

  • Very Popular Property
  • Open Floorplan
  • No HOA
  • Cloverly Elementary School Rated A-
  • Hydromassage or Jetted Bathtub
  • 3-minute walk to Wembrough Neighborhood Park

About This Home

This is it! This home offers space to gather and space to spread out. You'll enjoy the lush, landscaped, and fenced backyard with fruit trees, a large shed, and a covered deck that is ready for you to enjoy. Indoors you'll find an updated kitchen with granite counters and stainless steel appliances. All of the bathrooms have been recently updated as well. The wood-burning fireplace invites you to enjoy one of two family rooms. The other family room is just off the kitchenette area which makes entertaining a breeze. The lower level bedrooms are both en suite with private baths. Close to shopping and easy for commuting. This home is ready for to call your own!

Listing Agent

Martha Cunningham

(301) 681-0550 martha@marthacunningham.com Weichert, REALTORS Brokerage Phone: 3016810550 License #583861 Listed on: 02/27/2026

Weichert, REALTORS

Open House Schedule

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,654

Year Built

  • Built in 1972

Lot Details

  • 0.26 Acre Lot
  • Back Yard Fenced
  • Property is in excellent condition
  • Property is zoned RE1

Home Design

  • Split Foyer
  • Slab Foundation
  • Frame Construction

Interior Spaces

  • 2,056 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Recessed Lighting
  • Wood Burning Fireplace
  • Fireplace With Glass Doors
  • Brick Fireplace
  • Window Treatments
  • Double Door Entry
  • Family Room
  • Living Room
  • Dining Room
  • Natural lighting in basement

Kitchen

  • Galley Kitchen
  • Kitchenette
  • Electric Oven or Range
  • Extra Refrigerator or Freezer
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • 5 Parking Spaces
  • 5 Driveway Spaces

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Good Hope Estates Subdivision

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 160500380163

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,654

Year Built

Built in 1972

Lot Details

0.26 Acres

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: Stove, refrigerator (2), dishwasher, shed
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2/27/2026 12:00:00 AM
  • Federal Flood Zone: No
  • Year Built: 1972
  • Special Features: OpenHouse
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Icemaker, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Washer
  • Flooring Type: Carpet, Laminate Plank, Ceramic Tile
  • Interior Amenities: Carpet, Dining Area, Floor Plan - Open, Recessed Lighting, Window Treatments, Bathroom - Jetted Tub, Kitchen - Galley, Kitchenette, Upgraded Countertops
  • Fireplace Features: Brick, Fireplace - Glass Doors, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Double Entry
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Living Room, Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 3
  • Basement: Yes
  • Basement Type: Daylight, Full
  • Basement Finished Percent: 100.00
  • Basement Footprint Percent: 100.00
  • Total Sq Ft: 2056
  • Living Area Sq Ft: 2056
  • Price Per Sq Ft: 303.99
  • Above Grade Finished Sq Ft: 2056
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • All Lower Level Bedrooms: 2
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 2
  • Lower Levels Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Frame
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 5

Utilities

  • Refuse: 387.72
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Horses: No
  • Fencing: Rear
  • Lot Size Acres: 0.26
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11325.60
  • Property Condition: Excellent
  • Zoning: RE1
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 5654.00
  • Assessor Parcel Number: 160500380163
  • Tax Lot: 24
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,236 $444,733 -- --
2024 $5,236 $415,967 $0 $0
2023 $4,189 $387,200 $218,800 $168,400
2022 $3,815 $371,500 $0 $0
2021 $3,390 $355,800 $0 $0
2020 $3,390 $340,100 $218,800 $121,300
2019 $3,376 $340,100 $218,800 $121,300
2018 $3,374 $340,100 $218,800 $121,300
2017 $3,472 $342,700 $0 $0
2016 -- $318,333 $0 $0
2015 $3,128 $293,967 $0 $0
2014 $3,128 $269,600 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2026 02/27/26 For Sale $625,000 -- $304 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed $190,000 --
Source: Public Records

About the Listing Agent

Martha Cunningham

Weichert, REALTORS

(240) 923-7820

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I am your advocate. I will focus on your goals to ensure you find the right home at the right time. All of my listings in 2025 sold! I helped numerous buyers find a home that is perfect for them. My guidance ensures you achieve your goals.

I offer full support for your real estate transaction. For sellers, this means photos, virtual tours, staging, digital promotion of your property, negotiating on your behalf and more. For buyers, I'll help you identify the right home in your price

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    Updated and ready to move in! As of May 2025, new carpet, refrigerator, dishwasher, and stove. This condo features 2 bedrooms, 2 bathrooms, and a wonderful tree view from the balcony. This condo features additional closets and a storage space in the building. Within Leisure World, you'll also enjoy walking paths, a golf course with a driving range, pickle ball and tennis courts, indoor and

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  • 812 Forest Glen Rd, Silver Spring, MD 20901

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    This is your opportunity to buy a home in a great location near so many Silver Spring and commuter amenities. Quaint Cape Cod offers a great location, ample backyard with garden spaces, sun room connected to the kitchen, upstairs you'll find a bedroom with sitting or desk space and an en suite bath, on the lower level is a large family room, and a full utility room. HVAC are newer. Priced lower

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  • 3433 S Leisure World Blvd Unit 862C, Silver Spring, MD 20906

    $2,200

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Source: Bright MLS

MLS Number: MDMC2215972

Bright MLS

APN: 05-00380163

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