NOT LISTED FOR SALE

1501 Rainbow Dr Silver Spring, MD 20905

Estimated Value: $527,000 - $616,000

4 Beds
3 Baths
1,752 Sq Ft
$325/Sq Ft Est. Value

About This Home

This home is located at 1501 Rainbow Dr, Silver Spring, MD 20905 and is currently estimated at $569,207, approximately $324 per square foot. 1501 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
Nov 20, 2008
Sold by
Osewingie Mike
Bought by
Federal Home Loan Mortgage Corp
Current Estimated Value
$572,960

Purchase Details

Closed on
Feb 27, 2008
Sold by
Osewingie Mike
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Oct 6, 2006
Sold by
Okojie Franklin O and Okojie O V
Bought by
Osewingie Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2006
Sold by
Okojie Franklin O and Okojie O V
Bought by
Osewingie Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 1999
Sold by
Lin Mingo M Y and Lin S M
Bought by
Okojie Franklin O and Okojie O V
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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

Date Buyer Sale Price Title Company
Federal Home Loan Mortgage Corp $428,450 --
Federal Home Loan Mortgage Corp $428,450 --
Osewingie Mike $515,000 --
Osewingie Mike $515,000 --
Okojie Franklin O $174,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Osewingie Mike $103,000
Previous Owner Osewingie Mike $412,000
Previous Owner Osewingie Mike $412,000
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 $5,001 $446,667 -- --
2024 $5,001 $395,533 $0 $0
2023 $3,695 $344,400 $223,600 $120,800
2022 $3,516 $344,400 $223,600 $120,800
2021 $3,456 $344,400 $223,600 $120,800
2020 $3,456 $346,000 $223,600 $122,400
2019 $3,345 $337,333 $0 $0
2018 $3,248 $328,667 $0 $0
2017 $3,217 $320,000 $0 $0
2016 $3,483 $312,467 $0 $0
2015 $3,483 $304,933 $0 $0
2014 $3,483 $297,400 $0 $0
Source: Public Records

Map

Maryland Montgomery County Silver Spring 20905

1501 Rainbow Dr, Silver Spring, MD

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