$700,000

1600 Rainbow Dr Silver Spring, MD 20905

Estimated payment $4,126/month

5 Beds
3 Baths
2,487 Sq Ft
$281 Price per Sq Ft

Highlights

  • Open Floorplan
  • Colonial Architecture
  • Main Floor Bedroom
  • Cloverly Elementary School Rated A-
  • Wood Flooring
  • 4-minute walk to Spencerville Local Park

About This Home

Welcome to this spacious Dutch Colonial/Raised Rambler offering flexible, multi-level living and a bright, open layout. Step through the front door into an inviting open-concept main living area that flows seamlessly into the kitchen—perfect for everyday living and entertaining. Just beyond the kitchen, you’ll find a convenient laundry area with easy access to the backyard. This home features a smart bedroom and bath setup across the levels: the upper level includes 2 bedrooms and 1 full bath, while the first level offers 3 additional bedrooms and 2 full baths—ideal for guests, larger households, or multigenerational living. The lower level adds even more versatility with two bonus rooms that can be used as a den, home offices, hobby spaces, plus ample storage. Enjoy outdoor space in the large rear yard, ready for gatherings, play, gardening, or simply relaxing.

Listing Agent

Eze Okwodu

(301) 850-0255 kara@samsonproperties.net Samson Properties Brokerage Phone: 3018500255 License #SP200201583 Listed on: 02/20/2026

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,234

Year Built

  • Built in 1971 | Remodeled in 2024

Lot Details

  • 0.3 Acre Lot
  • Extensive Hardscape
  • Corner Lot
  • Property is zoned RE1

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Colonial Architecture
  • Dutch Architecture
  • Raised Ranch Architecture
  • Entry on the 1st floor
  • Frame Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Chimney Cap

Interior Spaces

  • 2,487 Sq Ft Home
  • Property has 3 Levels
  • Open Floorplan
  • Wood Burning Fireplace
  • Screen For Fireplace
  • Brick Fireplace
  • Window Treatments
  • Window Screens
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Home Office
  • Storage Room
  • Utility Room
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • En-Suite Bathroom

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors

Accessible Home Design

  • Level Entry For Accessibility

Outdoor Features

  • Patio
  • Exterior Lighting
  • Outdoor Grill
  • Rain Gutters

Schools

  • Paint Branch High School

Utilities

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

Community Details

  • No Home Owners Association
  • Good Hope Estates Subdivision

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 160500378147

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,234

Year Built

Built in 1971 | Remodeled in 2024

Lot Details

0.3 Acres

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial, Dutch, Raised Ranch/Rambler
  • Accessibility Features: Level Entry - Main
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Story List: Main, Upper 1
  • Federal Flood Zone: No
  • Year Built: 1971
  • Year Renovated: 2024
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Oven/Range - Electric, Refrigerator, Washer
  • Entry Floor: 1
  • Flooring Type: Luxury Vinyl Plank
  • Interior Amenities: Family Room Off Kitchen, Breakfast Area, Combination Kitchen/Living, Kitchen - Table Space, Combination Dining/Living, Entry Level Bedroom, Primary Bath(s), Window Treatments, Wood Floors, Floor Plan - Open
  • Window Features: Screens, Storm
  • Fireplace Features: Brick, Screen, Wood
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Concrete Perimeter
  • Levels Count: 3
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Family Room, Laundry, Office, Storage Room, Utility Room, Bedroom 6
  • Basement: Yes
  • Basement Type: Fully Finished
  • Basement Finished Percent: 100.00
  • Laundry Type: Main Floor, Washer In Unit, Dryer In Unit
  • Total Sq Ft: 2487
  • Living Area Sq Ft: 2487
  • Price Per Sq Ft: 281.46
  • Above Grade Finished Sq Ft: 2487
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Frame
  • Exterior Features: Bbq Grill, Chimney Cap(s), Extensive Hardscape, Exterior Lighting, Gutter System
  • Roof: Asphalt
  • Spa: No
  • View: Street
  • 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
  • Parking Features: Asphalt Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • 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
  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent
  • High School: PAINT BRANCH

Lot Info

  • Additional Parcels: No
  • Lot Features: Corner
  • Lot Size Acres: 0.30
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 13085.00
  • Outdoor Living Structures: Patio(s)
  • Zoning: RE1
  • In City Limits: No

Rental Info

  • Pets: Case By Case Basis
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 6234.00
  • Assessor Parcel Number: 160500378147
  • Tax Lot: 2
  • Tax Year: 2026

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Value Increase
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Percent Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,823 $495,067 -- --
2024 $5,823 $466,933 $0 $0
2023 $5,475 $438,800 $224,100 $214,700
2022 $5,207 $434,933 $0 $0
2021 $5,111 $431,067 $0 $0
2020 $4,351 $427,200 $224,100 $203,100
2019 $4,231 $417,633 $0 $0
2018 $4,125 $408,067 $0 $0
2017 $4,055 $398,500 $0 $0
2016 $3,885 $386,600 $0 $0
2015 $3,885 $374,700 $0 $0
2014 $3,885 $362,800 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2026 02/20/26 For Sale $700,000 -- $281 / Sq Ft
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Limited Warranty Deed $341,000 Closeline Settlements
Special Warranty Deed -- Accommodation
Interfamily Deed Transfer -- None Available
Deed -- --
Deed $182,500 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $305,000 Commercial
Source: Public Records

Source: Bright MLS

MLS Number: MDMC2217922

Bright MLS

APN: 05-00378147

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