1500 Rainbow Dr Silver Spring, MD 20905
Estimated Value: $506,000 - $546,000
3
Beds
2
Baths
1,028
Sq Ft
$514/Sq Ft
Est. Value
About This Home
This home is located at 1500 Rainbow Dr, Silver Spring, MD 20905 and is currently estimated at $528,191, approximately $513 per square foot. 1500 Rainbow Dr is a home located in Montgomery County with nearby schools including Cloverly Elementary School, Briggs Chaney Middle School, and Paint Branch High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 16, 2010
Sold by
Portillo Luis R
Bought by
Deutsche Bank National Tr Co
Current Estimated Value
Purchase Details
Closed on
Jan 4, 2007
Sold by
Portillo Luis R and Portillo Erika L
Bought by
Portillo Luis R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6.94%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Nov 16, 2006
Sold by
Portillo Luis R and Portillo Erika L
Bought by
Portillo Luis R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6.94%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
May 21, 2004
Sold by
Sanzone Vincent and Sanzone C
Bought by
Portillo Luis R and Portillo Erika L
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Deutsche Bank National Tr Co | $328,500 | -- | |
| Portillo Luis R | -- | -- | |
| Portillo Luis R | -- | -- | |
| Portillo Luis R | $350,000 | -- | |
| Portillo Luis R | $350,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Portillo Luis R | $376,000 | |
| Previous Owner | Portillo Luis R | $376,000 |
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 | $5,230 | $442,933 | -- | -- |
| 2024 | $5,230 | $415,467 | $0 | $0 |
| 2023 | $4,198 | $388,000 | $227,400 | $160,600 |
| 2022 | $3,832 | $373,033 | $0 | $0 |
| 2021 | $3,424 | $358,067 | $0 | $0 |
| 2020 | $3,424 | $343,100 | $227,400 | $115,700 |
| 2019 | $3,409 | $343,100 | $227,400 | $115,700 |
| 2018 | $3,408 | $343,100 | $227,400 | $115,700 |
| 2017 | $3,504 | $345,500 | $0 | $0 |
| 2016 | $1,619 | $321,833 | $0 | $0 |
| 2015 | $1,619 | $298,167 | $0 | $0 |
| 2014 | $1,619 | $274,500 | $0 | $0 |
Source: Public Records
Map
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