NOT LISTED FOR SALE

1321 Rainbow Dr Silver Spring, MD 20905

Cloverly Area

Estimated Value: $637,000 - $683,000

5 Beds
3.5 Baths
2,532 Sq Ft
$260/Sq Ft Est. Value

Sale Details

Date Sold: May 2, 2018

Last sale price $466,000 $184 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,063 / mo

2 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • No HOA
  • Cloverly Elementary School Rated A-
  • 1 Fireplace
  • 3-minute walk to Wembrough Neighborhood Park

About This Home

As of May 2018

LOVELY REMODELED HOME THAT IS MOVE-IN READY! NEW CARPET, PAINT, HARDWOOD FLOORING. KITCHEN W/ NEW SS APPLIANCES. SEP DR & LR AREA. REMOD POWDER ROOM. FR W/ FP. MBR SUITE W/ WALK-IN CLOSET, REMOD BATH. 3 OTHER LARGE BR'S ON UPPER LEVEL. FULLY FINISHED BASEMENT W/ 5TH BR, FULL BATH & REC RM. LARGE DECK BACKS TO A LOVELY MANICURED LOT. NEWER HVAC/FURNACE,HWH,WINDOWS,ROOF,GARAGE DOORS, & MORE...

Last Agent to Sell the Property

Seema Rodriguez

(301) 774-5900 s4rodr@yahoo.com RE/MAX Realty Centre, Inc. Listed on: 03/16/2018

RE/MAX Realty Centre, Inc.

Last Buyer's Agent

Jenny Pan

(301) 244-0117 gyingpan88@gmail.com Signature Home Realty LLC

Signature Home Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,742

Year Built

  • Built in 1972

Lot Details

  • 11,050 Sq Ft Lot
  • Property is in very good condition
  • Property is zoned RE1

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Colonial Architecture
  • Aluminum Siding

Interior Spaces

  • Property has 3 Levels
  • 1 Fireplace
  • Window Treatments
  • Family Room Off Kitchen
  • Wood Flooring
  • Finished Basement
  • Connecting Stairway

Kitchen

  • Electric Oven or Range
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Bathroom
  • 3.5 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • No Home Owners Association
  • Good Hope Estates Subdivision

Listing and Financial Details

  • Tax Lot 24
  • Assessor Parcel Number 160500380106

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,742

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, Main, Upper 1
  • Expected On Market: 2018-03-16
  • Year Built: 1972
  • Special Assessment Payment: Annually
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Disposal, Dishwasher, Dryer, Exhaust Fan, Refrigerator, Oven/Range - Electric, Stove, Washer, Water Heater, Microwave
  • Interior Amenities: Family Room Off Kitchen, Primary Bath(s), Window Treatments, Wood Floors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Levels Count: 3+
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished
  • Living Area Units: Square Feet
  • Total Sq Ft: 2532
  • Living Area Sq Ft: 2532
  • Price Per Sq Ft: 238.04
  • Above Grade Finished Sq Ft: 1932
  • Below Grade Finished Sq Ft: 600
  • Total Below Grade Sq Ft: 600
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • 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

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Pool Private: 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: Garage
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Attached Garage

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Improvement Assessed Value: 208900.00
  • Land Assessed Value: 218800.00
  • Lot Size Acres: 0.25
  • Lot Size Area: 11050
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11050.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: RE1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13911949
  • Tax Annual Amount: 4741.82
  • Assessor Parcel Number: 160500380106
  • Tax Lot: 24
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

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

Listed on
Mar 16, 2018
Closed on
May 2, 2018
Sold by
Bought by
Seller's Agent
Seema Rodriguez
RE/MAX Realty Centre, Inc.
Buyer's Agent
Jenny Pan
Signature Home Realty LLC
List Price
$459,900
Sold Price
$466,000
Premium/Discount to List
$6,100
1.33%
Current Estimated Value
$658,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,519
Avg. Annual Appreciation
4.31%
Original Mortgage
$370,000
Interest Rate
0.045%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 1999
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$466,000 Landmark Title Services Inc
$204,500 --
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 $352,360
Closed $358,200
Closed $364,300
Previous Owner $370,000
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
05/02/2018 05/02/18 Sold $466,000 +1.3% $184 / Sq Ft
03/19/2018 03/19/18 Pending -- -- --
03/16/2018 03/16/18 For Sale $459,900 -- $182 / 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 $6,079 $541,733
2024 $6,294 $507,867 $0 $0
2023 $5,189 $474,000 $218,800 $255,200
2022 $4,776 $458,567 $0 $0
2021 $4,552 $443,133 $0 $0
2020 $4,357 $427,700 $218,800 $208,900
2019 $4,233 $417,867 $0 $0
2018 $4,125 $408,033 $0 $0
2017 $4,050 $398,200 $0 $0
2016 -- $386,167 $0 $0
2015 $3,774 $374,133 $0 $0
2014 $3,774 $362,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Seema Rodriguez

    Seller's Agent in 2018

    Seema Rodriguez

    RE/MAX

    (301) 922-1770

    107 Total Sales

    Seema Rodriguez
    Section Image
  • Jenny Pan

    Buyer's Agent in 2018

    Jenny Pan

    Signature Home Realty LLC

    (240) 938-0692

    85 Total Sales

    Jenny Pan
    Section Image
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Map

Source: Bright MLS

MLS Number: 1000267408

Bright MLS

APN: 05-00380106

Maryland Montgomery County Silver Spring 20905

1321 Rainbow Dr, Silver Spring, MD

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