NOT LISTED FOR SALE

1513 Rainbow Dr Silver Spring, MD 20905

Estimated Value: $710,452 - $749,000

5 Beds
4 Baths
2,284 Sq Ft
$317/Sq Ft Est. Value

Last Sold August 17, 2016

Last sale price $450,000 $197 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,549/month

20 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • No HOA
  • Cloverly Elementary School Rated A-
  • Whirlpool Bathtub
  • 4-minute walk to Spencerville Local Park

About This Home

As of August 2016

Contemporary open floor plan in this one of a kind expanded Split Foyer with 5 BEDROOMS and 4 FULL BATHS! Just about everything has been updated including windows, doors, kitchen, baths, floors. Pocket door to master bedroom suite with two cedar lined walk-in closets and double shower. Beautiful level yard and deck with storage below. Downstairs in-law/au pair suite, recreation room + 2 full baths

Last Agent to Sell the Property

Caroline Doong

RE/MAX Realty Centre, Inc. License #SP97131 Listed on: 06/15/2016

RE/MAX Realty Centre, Inc.

Last Buyer's Agent

Alfonso Flores

Smart Realty, LLC

Smart Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,178

Year Built

  • Built in 1972

Lot Details

  • 0.37 Acre Lot
  • Property is in very good condition
  • Property is zoned RE1

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Split Foyer
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • Property has 2 Levels
  • Open Floorplan
  • Gas Fireplace
  • Vinyl Clad Windows
  • Insulated Windows
  • Dining Area
  • Game Room
  • Wood Flooring
  • Home Security System

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Upgraded Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • En-Suite Bathroom
  • In-Law or Guest Suite
  • 4 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Rear Basement Entry

Schools

  • Cloverly Elementary School
  • Briggs Chaney Middle School
  • Paint Branch High School

Utilities

  • Humidifier
  • Forced Air Heating and Cooling System
  • Natural Gas 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 31
  • Assessor Parcel Number 160500379767

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,178

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Foyer
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Upper 1
  • Expected On Market: 2016-06-15
  • Year Built: 1972
  • Remarks Public: Contemporary open floor plan in this one of a kind expanded Split Foyer with 5 BEDROOMS and 4 FULL BATHS! Just about everything has been updated including windows, doors, kitchen, baths, floors. Pocket door to master bedroom suite with two cedar lined walk-in closets and double shower. Beautiful level yard and deck with storage below. Downstairs in-law/au pair suite, recreation room + 2 full baths
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Humidifier, Icemaker, Microwave, Oven - Wall, Refrigerator, Washer, Water Heater
  • Interior Amenities: Breakfast Area, Dining Area, Upgraded Countertops, Primary Bath(s), Whirlpool/Hottub, Wood Floors, Floor Plan - Open
  • Window Features: Vinyl Clad, Insulated
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Entry Location: Foyer
  • Foundation Details: Slab
  • Levels Count: 2
  • Room List: Primary Bedroom, Kitchen, Game Room, In-Law/AuPair/Suite
  • Basement: Yes
  • Basement Type: Rear Entrance, Full, Fully Finished, Improved, Walkout Level
  • Living Area Units: Square Feet
  • Street Number Modifier: 1513

Beds/Baths

  • Bedrooms: 5
  • Lower Level Bedroom: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Upper Level Bathrooms: 2.00
  • Lower Levels Bathrooms: 2.00
  • Upper Level Full Bathrooms: 2
  • Lower Level Full Bathrooms: 2

Exterior Features

  • Construction Materials: Combination, Brick
  • Pool Private: No
  • Roof: Asphalt
  • 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, Asphalt Driveway
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway, Off Street, 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
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: CLOVERLY
  • Middle School: BRIGGS CHANEY
  • High School: PAINT BRANCH
  • School District Key: 121138126809
  • Elementary School: CLOVERLY
  • High School: PAINT BRANCH
  • Middle Or Junior School: BRIGGS CHANEY

Lot Info

  • Improvement Assessed Value: 180400.00
  • Land Assessed Value: 231600.00
  • Lot Size Acres: 0.37
  • Lot Size Area: 15961
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 15961.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2016
  • Zoning: RE1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13843344
  • Tax Annual Amount: 4178.27
  • Assessor Parcel Number: 160500379767
  • Tax Lot: 31
  • Tax Total Finished Sq Ft: 2284
  • County Tax Payment Frequency: Annually
  • Tax Year: 2016
  • Close Date: 08/17/2016

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2016
Closed on
Aug 17, 2016
Sold by
Deshaies Roger A and Deshaies Frances R
Bought by
Flores Omar Cristo and Cristo Luz M Alvarado
Seller's Agent
Caroline Doong
RE/MAX Realty Centre, Inc.
Buyer's Agent
Alfonso Flores
Smart Realty, LLC
List Price
$459,900
Sold Price
$450,000
Premium/Discount to List
-$9,900
-2.15%
Current Estimated Value
$727,499

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,499
Avg. Annual Appreciation
5.41%
Original Mortgage
$427,500
Outstanding Balance
$346,277
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$376,555

Purchase Details

Listed on
Aug 29, 2013
Closed on
Nov 15, 2013
Sold by
Rogers W Dean W and Rogers Linda Kay
Bought by
Deshaies Roger A and Deshaies Frances R
Seller's Agent
Judith Brockett
Long & Foster Real Estate, Inc.
Buyer's Agent
Frank Schofield
Summit Realtors
List Price
$459,900
Sold Price
$449,900
Premium/Discount to List
-$10,000
-2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.01%
Original Mortgage
$404,900
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 1988
Bought by
Rogers W K and L K
Source: Public Records

Range of Values:

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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
Flores Omar Cristo $450,000 Realty Title Services Inc
Deshaies Roger A $449,900 Stewart Title Guaranty Co
Rogers W K $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flores Omar Cristo $427,500
Previous Owner Deshaies Roger A $391,200
Previous Owner Deshaies Roger A $404,900
Previous Owner Rogers W Dean $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2016 08/17/16 Sold $450,000 -2.2% $197 / Sq Ft
07/06/2016 07/06/16 Pending -- -- --
06/15/2016 06/15/16 For Sale $459,900 +2.2% $201 / Sq Ft
11/16/2013 11/16/13 Sold $449,900 0.0% $150 / Sq Ft
10/11/2013 10/11/13 Pending -- -- --
10/02/2013 10/02/13 Price Changed $449,900 -2.2% $150 / Sq Ft
08/29/2013 08/29/13 For Sale $459,900 -- $153 / 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 $7,015 $570,533 $0 $0
2023 $5,727 $520,700 $231,600 $289,100
2022 $5,163 $493,600 $0 $0
2021 $4,809 $466,500 $0 $0
2020 $4,486 $439,400 $231,600 $207,800
2019 $4,370 $430,267 $0 $0
2018 $4,270 $421,133 $0 $0
2017 $3,988 $412,000 $0 $0
2016 -- $380,800 $0 $0
2015 $3,760 $349,600 $0 $0
2014 $3,760 $318,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1002432457

Bright MLS

APN: 05-00379767