1612 Rainbow Dr Silver Spring, MD 20905
Estimated Value: $577,493 - $654,000
Studio
3
Baths
2,080
Sq Ft
$301/Sq Ft
Est. Value
About This Home
This home is located at 1612 Rainbow Dr, Silver Spring, MD 20905 and is currently estimated at $625,123, approximately $300 per square foot. 1612 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
Jan 18, 2017
Sold by
Livingston John C and Livingston Mary G
Bought by
Livingston Mary G
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$297,095
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$328,028
Purchase Details
Closed on
Apr 17, 1989
Bought by
Livingston John C 3Rd and M G
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Livingston Mary G | -- | First Excel Title Llc | |
| Livingston John C 3Rd | $196,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Livingston Mary G | $360,000 |
Source: Public Records
Tax History Compared to Growth
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 | $5,513 | $476,033 | -- | -- |
| 2024 | $5,513 | $440,067 | $0 | $0 |
| 2023 | $4,383 | $404,100 | $227,800 | $176,300 |
| 2022 | $4,175 | $404,100 | $227,800 | $176,300 |
| 2021 | $4,101 | $404,100 | $227,800 | $176,300 |
| 2020 | $4,101 | $404,500 | $227,800 | $176,700 |
| 2019 | $4,086 | $404,467 | $0 | $0 |
| 2018 | $4,085 | $404,433 | $0 | $0 |
| 2017 | $4,166 | $404,400 | $0 | $0 |
| 2016 | -- | $381,200 | $0 | $0 |
| 2015 | $3,512 | $358,000 | $0 | $0 |
| 2014 | $3,512 | $334,800 | $0 | $0 |
Source: Public Records
Map
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