NOT LISTED FOR SALE

1509 Rainbow Dr Silver Spring, MD 20905

Estimated Value: $516,000 - $596,000

3 Beds
2 Baths
1,784 Sq Ft
$309/Sq Ft Est. Value

Last Sold September 29, 2022

Last sale price $492,000 $276 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,381/month

25 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • 1 Car Attached Garage
  • Cloverly Elementary School Rated A-
  • Stainless Steel Appliances
  • 5-minute walk to Spencerville Local Park

About This Home

As of September 2022

Welcome Home! This Beautiful Split Level has a Large Level Fenced Backyard with Huge Fenced in Garden Prepped for the the Late Season/Fall Plantings and Landscaping that Will Be in Full Bloom Thru the Spring to Fall Seasons. This Home Boasts Laminate Flooring Throughout, Wood Burning Fireplace, SS Appliances and Updated Bathrooms. Other Recent Updates Include; Garage Door 21’, Front and Back Storm Doors 19’ and Sump Pump 19’. This Home is Move-In Ready and Will Not Last Long!!!

Last Agent to Sell the Property

Scott Dunn

(410) 202-8454 scott.dunn@redfin.com Redfin Corp Listed on: 08/03/2022

Redfin Corp

Last Buyer's Agent

Jodi Altman

(410) 465-6900 andrewjodi@comcast.net Keller Williams Lucido Agency

Keller Williams Lucido Agency

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,421

Year Built

  • Built in 1972

Lot Details

  • 0.38 Acre Lot
  • Property is zoned RE1

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Split Level Home
  • Frame Construction

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • 1 Fireplace
  • Dining Area
  • Carpet

Kitchen

  • Stove
  • Ice Maker
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Good Hope Estates Subdivision

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 160500379756

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,421

Year Built

Built in 1972

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main
  • Expected On Market: 2022-08-03
  • Year Built: 1972
  • Automatically Close On Close Date: No
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Stainless Steel Appliances, Stove, Dishwasher, Refrigerator, Icemaker, Washer, Dryer, Disposal
  • Interior Amenities: Carpet, Dining Area, Ceiling Fan(s)
  • Fireplaces Count: 1
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: No
  • Total Sq Ft: 1784
  • Living Area Sq Ft: 1784
  • Price Per Sq Ft: 375.69
  • Above Grade Finished Sq Ft: 1304
  • Below Grade Finished Sq Ft: 480
  • Total Below Grade Sq Ft: 480
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • 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
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Driveway, Attached Garage

Utilities

  • Refuse: 244.78
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • 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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 163000.00
  • Land Assessed Value: 233200.00
  • Lot Size Acres: 0.38
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 16589.00
  • Zoning: RE1
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13911934
  • Tax Annual Amount: 4421.00
  • Assessor Parcel Number: 160500379756
  • Tax Lot: 30
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2022
Closed on
Sep 29, 2022
Sold by
English Caroline E
Bought by
Wumer Kayla Danielle and Aguilar Ricky Ricardo
Seller's Agent
Scott Dunn
Redfin Corp
Buyer's Agent
Jodi Altman
Keller Williams Lucido Agency
List Price
$499,900
Sold Price
$492,000
Premium/Discount to List
-$7,900
-1.58%
Views
20
Current Estimated Value
$564,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,312
Avg. Annual Appreciation
3.48%
Original Mortgage
$467,400
Outstanding Balance
$448,558
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$102,877

Purchase Details

Listed on
May 20, 2016
Closed on
Aug 30, 2016
Sold by
Twiford Patricia A and Twiford Steven C
Bought by
English Caroline E and English Alexander J
Seller's Agent
Steven Katz
Long & Foster Real Estate, Inc.
Buyer's Agent
Scott Dunn
Redfin Corp
List Price
$399,000
Sold Price
$368,000
Premium/Discount to List
-$31,000
-7.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.89%
Original Mortgage
$349,600
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 13, 2012
Closed on
Oct 16, 2012
Sold by
Carroll Leslie E
Bought by
Twiford Patricia A and Twiford Steven C
Seller's Agent
Jeannie Nguyen
Century 21 Redwood Realty
Buyer's Agent
Steven Katz
Long & Foster Real Estate, Inc.
List Price
$329,800
Sold Price
$315,000
Premium/Discount to List
-$14,800
-4.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.10%
Original Mortgage
$303,975
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 11, 1998
Sold by
L Paul J and L Johnson L
Bought by
Carroll Leslie E
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Wumer Kayla Danielle $492,000 Lakeside Title
English Caroline E $368,000 Title Forward
Twiford Patricia A $315,000 First American Title Ins Co
Carroll Leslie E $166,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wumer Kayla Danielle $467,400
Previous Owner English Caroline E $349,600
Previous Owner Twiford Patricia A $303,975
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/29/2022 09/29/22 Sold $492,000 +0.4% $276 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
08/25/2022 08/25/22 Price Changed $489,900 -2.0% $275 / Sq Ft
08/03/2022 08/03/22 For Sale $499,900 +35.8% $280 / Sq Ft
08/31/2016 08/31/16 Sold $368,000 +0.8% $206 / Sq Ft View Prior Sale
07/30/2016 07/30/16 Pending -- -- --
07/17/2016 07/17/16 Price Changed $364,900 -2.6% $205 / Sq Ft
06/13/2016 06/13/16 Price Changed $374,500 -2.7% $210 / Sq Ft
06/06/2016 06/06/16 Price Changed $384,900 -3.5% $216 / Sq Ft
05/20/2016 05/20/16 For Sale $399,000 +26.7% $224 / Sq Ft
10/19/2012 10/19/12 Sold $315,000 +5.0% $242 / Sq Ft View Prior Sale
09/11/2012 09/11/12 Pending -- -- --
09/06/2012 09/06/12 Price Changed $299,900 -9.1% $230 / Sq Ft
09/05/2012 09/05/12 For Sale $329,800 0.0% $253 / Sq Ft
08/28/2012 08/28/12 Pending -- -- --
08/21/2012 08/21/12 Price Changed $329,800 0.0% $253 / Sq Ft
08/04/2012 08/04/12 Price Changed $329,900 0.0% $253 / Sq Ft
08/04/2012 08/04/12 For Sale $329,900 -5.7% $253 / Sq Ft
07/25/2012 07/25/12 Pending -- -- --
07/13/2012 07/13/12 For Sale $349,900 -- $268 / Sq Ft
Source: Bright MLS

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 $5,333 $452,600 -- --
2024 $5,333 $424,400 $0 $0
2023 $5,676 $396,200 $233,200 $163,000
2022 $3,935 $382,367 $0 $0
2021 $3,551 $368,533 $0 $0
2020 $3,551 $354,700 $233,200 $121,500
2019 $3,431 $345,133 $0 $0
2018 $3,324 $335,567 $0 $0
2017 $3,285 $326,000 $0 $0
2016 -- $311,967 $0 $0
2015 $3,199 $297,933 $0 $0
2014 $3,199 $283,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2062492

Bright MLS

APN: 05-00379756