NOT LISTED FOR SALE

1505 Rainbow Dr Silver Spring, MD 20905

Estimated Value: $569,000 - $620,000

5 Beds
2 Baths
1,523 Sq Ft
$392/Sq Ft Est. Value

Last Sold April 27, 2020

Last sale price $435,000 $286 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,832/month

4 Days on Market

Highlights

  • Second Kitchen
  • Open Floorplan
  • Private Lot
  • Cloverly Elementary School Rated A-
  • Deck
  • Partially Wooded Lot

About This Home

As of April 2020

Multiple Offers received! Highest and best due by 3/11/20 @ 6PM...Unbelievable !! Everything you need in one space! MORE SQ Footage than listed!! NO HOA! NO ELECTRIC BILLS !!GORGEOUS, UPDATED, and beyond move-in ready. This Recently Pre-inspected home sits on a meticulous and professionally landscaped lot in a quiet peaceful setting. The freshly painted deck is just one added bonus. A sizable shed featuring the decor of the home sits in the rear of the large open area opposite corners of a fenced-in secluded garden. Exterior floodlighting and motion sensors. An under deck hidden oasis, NEW asphalt driveway with 4-5 car parking options and so much more. A unique laundry sorting system in the lower level, Lower level bath with a heat lamp. Energy-efficient windows, ROOF replaced 3 years ago, NEW fully insulated siding, Dining Area Bay window, whole house humidifier, house radon system, with up to date maintenance contract. An expanded kitchen w/ backsplash, breakfast area featuring underneath storage, a pantry with slide-out shelving, remodeled bathrooms, crown molding, chair molding, delicately placed flooring in the attic space for safe walking /storage. Attic fan and lighting. Solar panel contract offers huge savings and conveys with contract. This house has too many features to list them all. A must see! Restricted showing hours on Friday and Saturday. Please contact showing service for a required appointment. This will be the only house you will need to show your client . Contact showing service for details and access. Please direct all questions to the listing agent!

Last Agent to Sell the Property

Tammy Perkins-Mack

RESCOM, REALTORS Listed on: 03/08/2020

Last Buyer's Agent

Miguel Salazar

Spring Hill Real Estate, LLC.

Spring Hill Real Estate, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,054

Year Built

  • Built in 1972 | Remodeled in 2016

Lot Details

  • 0.28 Acre Lot
  • Rural Setting
  • Wood Fence
  • Landscaped
  • Extensive Hardscape
  • Private Lot
  • Level Lot
  • Open Lot
  • Cleared Lot
  • Partially Wooded Lot
  • Back Yard Fenced
  • Property is zoned RE1

Parking

  • 1 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Parking Storage or Cabinetry
  • Lighted Parking
  • Driveway
  • Secure Parking
  • Fenced Parking

Home Design

  • Split Level Home
  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Built-In Features
  • Chair Railings
  • Crown Molding
  • Beamed Ceilings
  • Ceiling Fan
  • Recessed Lighting
  • Window Treatments
  • Bay Window
  • Family Room
  • Formal Dining Room
  • Attic Fan

Kitchen

  • Kitchenette
  • Second Kitchen
  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile or Brick

Bedrooms and Bathrooms

Laundry

  • Laundry on lower level
  • Dryer
  • Washer

Finished Basement

  • Connecting Stairway
  • Side Basement Entry

Home Security

  • Home Security System
  • Motion Detectors
  • Fire and Smoke Detector
  • Flood Lights

Accessible Home Design

  • Level Entry For Accessibility

Eco-Friendly Details

  • Energy-Efficient Windows
  • ENERGY STAR Qualified Equipment
  • Cooling system powered by solar connected to the grid
  • Solar Heating System
  • Heating system powered by active solar

Outdoor Features

  • Deck
  • Exterior Lighting
  • Shed

Utilities

  • 90% Forced Air Heating and Cooling System
  • Cooling System Utilizes Natural Gas
  • Humidifier
  • Water Heater

Community Details

  • No Home Owners Association
  • Good Hope Estates Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 29
  • Assessor Parcel Number 160500379745

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,054

Year Built

Built in 1972 | Remodeled in 2016

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Exclusions: lower level microwave
  • Historic: No
  • Home Warranty: Yes
  • Inclusions: Laundry sorting system, washer & dryer, Solar panel contract
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2020-03-08
  • Federal Flood Zone: No
  • Year Built: 1972
  • Year Renovated: 2016
  • Remarks Public: Multiple Offers received! Highest and best due by 3/11/20 @ 6PM...Unbelievable !! Everything you need in one space! MORE SQ Footage than listed!! NO HOA! NO ELECTRIC BILLS !!GORGEOUS, UPDATED, and beyond move-in ready. This Recently Pre-inspected home sits on a meticulous and professionally landscaped lot in a quiet peaceful setting. The freshly painted deck is just one added bonus. A sizable shed featuring the decor of the home sits in the rear of the large open area opposite corners of a fenced-in secluded garden. Exterior floodlighting and motion sensors. An under deck hidden oasis, NEW asphalt driveway with 4-5 car parking options and so much more. A unique laundry sorting system in the lower level, Lower level bath with a heat lamp. Energy-efficient windows, ROOF replaced 3 years ago, NEW fully insulated siding, Dining Area Bay window, whole house humidifier, house radon system, with up to date maintenance contract. An expanded kitchen w/ backsplash, breakfast area featuring underneath storage, a pantry with slide-out shelving, remodeled bathrooms, crown molding, chair molding, delicately placed flooring in the attic space for safe walking /storage. Attic fan and lighting. Solar panel contract offers huge savings and conveys with contract. This house has too many features to list them all. A must see! Restricted showing hours on Friday and Saturday. Please contact showing service for a required appointment. This will be the only house you will need to show your client . Contact showing service for details and access. Please direct all questions to the listing agent!
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Humidifier, Microwave, Refrigerator, Washer, Water Heater, Built-In Microwave
  • Flooring Type: Hardwood, Tile/Brick
  • Interior Amenities: 2nd Kitchen, Attic/House Fan, Breakfast Area, Built-Ins, Ceiling Fan(s), Chair Railings, Crown Moldings, Dining Area, Floor Plan - Open, Formal/Separate Dining Room, Kitchen - Eat-In, Recessed Lighting, Upgraded Countertops, Wood Floors, Carpet, Pantry, Window Treatments, Attic, Exposed Beams, Kitchenette
  • Window Features: Bay/Bow, Energy Efficient
  • Fireplace: No
  • Levels Count: 2
  • Room List: Dining Room, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Bedroom 1, Bathroom 1, Bathroom 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Side Entrance, Fully Finished
  • Laundry Type: Lower Floor
  • Total Sq Ft: 1523
  • Living Area Sq Ft: 1523
  • Price Per Sq Ft: 445.83
  • Above Grade Finished Sq Ft: 1043
  • Below Grade Finished Sq Ft: 480
  • Total Below Grade Sq Ft: 480
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1505

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Brick, Aluminum Siding
  • Exterior Features: Exterior Lighting, Flood Lights, Secure Storage, Extensive Hardscape, Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Open Parking Spaces Count: 4
  • Parking Features: Asphalt Driveway, Secure Parking, Fenced, Lighted Parking
  • Garage Features: Additional Storage Area, Built In, Inside Access
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Natural Gas
  • Cooling Type: Central A/C, Attic Fan, Solar On Grid, Energy Star Cooling System
  • Heating Fuel: Natural Gas, Solar
  • Heating Type: 90% Forced Air, Solar - Active
  • Heating: Yes
  • Security: Motion Detectors, Security System, Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Loss Mitigation Fee?: No

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Fencing: Rear, Wood
  • Improvement Assessed Value: 117300.00
  • Land Assessed Value: 221600.00
  • Land Use Code: 011
  • Lot Features: Cleared, Landscaping, Level, Open, Partly Wooded, Private, Rear Yard, Rural
  • Lot Size Acres: 0.28
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12130.00
  • Outdoor Living Structures: Deck(s)
  • Year Assessed: 2020
  • Zoning: RE1
  • Zoning Description: Residential
  • In City Limits: No

Green Features

  • Clean Green Assessed: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13911933
  • Tax Annual Amount: 4054.00
  • Assessor Parcel Number: 160500379745
  • Tax Lot: 29
  • Tax Total Finished Sq Ft: 1523
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2020
  • Close Date: 04/27/2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2024
Sold by
Sleigh Natasha and Dahl Natasha Leslie
Bought by
Dahl Natasha Leslie and Dahl Jennifer Lynn
Total Days on Market
4
Current Estimated Value
$597,265

Purchase Details

Listed on
Mar 8, 2020
Closed on
Apr 27, 2020
Sold by
Pfannenstiel Richard and Richardson Denise
Bought by
Sleigh Natasha
Seller's Agent
Tammy Perkins-Mack
RESCOM, REALTORS
Buyer's Agent
Miguel Salazar
Spring Hill Real Estate, LLC.
List Price
$459,900
Sold Price
$435,000
Premium/Discount to List
-$24,900
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.94%
Original Mortgage
$403,750
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2001
Sold by
Price Paul and Price V M
Bought by
Pfannenstiel Richard D and Pfannenstiel Denise Richardson

Purchase Details

Closed on
Aug 7, 1997
Sold by
L Francis M and L Kelly A
Bought by
V Paul and V Price M
Source: Public Records

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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
Dahl Natasha Leslie -- None Listed On Document
Sleigh Natasha $465,000 Universal Title
Pfannenstiel Richard D $195,000 --
V Paul $162,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sleigh Natasha $40,000
Previous Owner Sleigh Natasha $403,750
Previous Owner Pfannenstiel Richard D $345,500
Previous Owner Pfannenstiel Richard D $340,000
Previous Owner Pfannenstiel Richard D $42,500
Previous Owner Pfannenstiel Richard D $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2020 04/27/20 Sold $435,000 -6.5% $286 / Sq Ft
03/12/2020 03/12/20 Pending -- -- --
03/12/2020 03/12/20 Price Changed $465,000 +1.3% $305 / Sq Ft
03/12/2020 03/12/20 Price Changed $459,000 -1.3% $301 / Sq Ft
03/11/2020 03/11/20 Price Changed $465,000 +1.1% $305 / Sq Ft
03/07/2020 03/07/20 For Sale $459,900 -- $302 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

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
2024 $5,744 $460,133 $0 $0
2023 $4,623 $424,900 $221,600 $203,300
2022 $4,088 $396,233 $0 $0
2021 $3,719 $367,567 $0 $0
2020 $3,377 $338,900 $221,600 $117,300
2019 $3,363 $338,900 $221,600 $117,300
2018 $3,361 $338,900 $221,600 $117,300
2017 $3,258 $341,200 $0 $0
2016 -- $317,300 $0 $0
2015 $3,159 $293,400 $0 $0
2014 $3,159 $269,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC698172

Bright MLS

APN: 05-00379745