UNDER CONTRACT
$27K PRICE DROP
1320 Rainbow Dr Silver Spring, MD 20905
Cloverly AreaEstimated payment $3,720/month
Total Views
156,531
5
Beds
3
Baths
2,056
Sq Ft
$291
Price per Sq Ft
Highlights
- Open Floorplan
- Hydromassage or Jetted Bathtub
- Upgraded Countertops
- Cloverly Elementary School Rated A-
- No HOA
- 3-minute walk to Wembrough Neighborhood Park
About This Home
Just Reduced & Refreshed! 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
(301) 681-0550 martha@marthacunningham.com Weichert, REALTORS Brokerage Phone: 3016810550 License #583861 Listed on: 02/27/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,654
Year Built
- Built in 1972
Lot Details
- 11,326 Sq Ft Lot
- Back Yard Fenced
- Property is in excellent condition
- Property is zoned RE1
Home Design
- Split Foyer
- Slab Foundation
- Frame Construction
Interior Spaces
- 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
Map
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Home Values in the Area
Average Home Value in this Area
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 | $4,962 | $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
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 |
|---|---|---|---|---|
| 06/15/2026 06/15/26 | Price Changed | $598,000 | -0.2% | $291 / Sq Ft |
| 04/24/2026 04/24/26 | Price Changed | $599,000 | -1.8% | $291 / Sq Ft |
| 03/19/2026 03/19/26 | Price Changed | $610,000 | -2.4% | $297 / Sq Ft |
| 02/27/2026 02/27/26 | For Sale | $625,000 | -- | $304 / Sq Ft |
Source: Bright MLS
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $190,000 | -- |
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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $51,200 | Stand Alone Second | |
| Open | $409,600 | Stand Alone Second | |
| Closed | $48,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $384,000 | Stand Alone Refi Refinance Of Original Loan | |
| Closed | $297,000 | Adjustable Rate Mortgage/ARM |
Source: Public Records
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Martha's Other Listings
Source: Bright MLS
MLS Number: MDMC2215972
APN: 05-00380163
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
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