NOT LISTED FOR SALE

1617 Rainbow Dr Silver Spring, MD 20905

Estimated Value: $665,735 - $721,000

4 Beds
2.5 Baths
2,318 Sq Ft
$301/Sq Ft Est. Value

Last Sold October 07, 2013

Last sale price $449,500 $194 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,199/month

25 Days on Market

Highlights

  • View of Trees or Woods
  • Open Floorplan
  • Private Lot
  • Cloverly Elementary School Rated A-
  • Colonial Architecture
  • Wood Flooring

About This Home

As of October 2013

SPACIOUS COLONIAL IN GREAT N'HOOD WITH UPDATES IN ALL THE RIGHT PLACES! MAIN LEVEL LR, DR & FR WITH HARDWOOD FLOORS AND LOADS OF NATURAL LIGHT. FABULOUS NEW CENTER-ISLAND KITCHEN WITH CERAMIC TILE, NEW COUNTERTOPS, CABINETRY & APPLIANCES OVERLOOKING BREAKFAST ROOM WITH WALLS OF WINDOWS OVERLOOKING BACK YARD! FOUR BR'S ON TOP LEVEL INCLUDING MBR WITH W-I-C AND UPDATED BATH! 2-CAR GARAGE & OSP!!

Last Agent to Sell the Property

Dave Savercool

(301) 237-3685 savercoolteam@gmail.com Long & Foster Real Estate, Inc. Listed on: 07/19/2013

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Mike King

(301) 467-5677 kingre4@gmail.com King Real Estate, Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,427

Year Built

  • Built in 1971

Lot Details

  • 0.26 Acre Lot
  • Private Lot
  • The property's topography is level
  • Property is in very good condition
  • Property is zoned RE1

Parking

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

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Storage Room
  • Wood Flooring
  • Views of Woods

Kitchen

  • Breakfast Room
  • Eat-In Kitchen
  • Gas Oven or Range
  • Stove
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Space For Rooms

Outdoor Features

  • Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Good Hope Estates Subdivision

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 160500378045

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,427

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • Inclusions: ,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1971
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Microwave, Oven/Range - Gas, Refrigerator, Stove, Washer
  • Interior Amenities: Breakfast Area, Kitchen - Island, Dining Area, Kitchen - Eat-In, Primary Bath(s), Wood Floors, Floor Plan - Open
  • Fireplace: No
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Family Room, Basement, Foyer, Breakfast Room, Laundry, Storage Room
  • Basement: Yes
  • Basement Type: Full, Space For Rooms, Unfinished
  • Living Area Units: Square Feet

Beds/Baths

  • Bedrooms: 4
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 2.00
  • Main Level Half Bathrooms: 1

Exterior Features

  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Exterior Features: Sidewalks, Street Lights
  • Roof: Composite
  • View: Street, Trees/Woods
  • 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
  • Garage Features: Garage Door Opener
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Off Street, Attached Garage

Utilities

  • Refuse: 213.76
  • 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
  • Utilities: Under Ground
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Improvement Assessed Value: 178500.00
  • Land Assessed Value: 191100.00
  • Lot Features: Private
  • Lot Size Acres: 0.26
  • Lot Size Area: 11250
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11250.00
  • Outdoor Living Structures: Patio(s), Porch(es)
  • Property Condition: Very Good
  • Topography: Level
  • Zoning: RE1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13843224
  • Tax Annual Amount: 4427.40
  • Assessor Parcel Number: 160500378045
  • Tax Lot: 11
  • County Tax Payment Frequency: Annually
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2013
Closed on
Oct 7, 2013
Sold by
Hutchinson Andrew M and Hutchinson Revocable T Carol A
Bought by
Minter Nicholas and Minter Hannah Marston
Seller's Agent
Dave Savercool
Long & Foster Real Estate, Inc.
Buyer's Agent
Mike King
King Real Estate, Inc
List Price
$459,000
Sold Price
$449,500
Premium/Discount to List
-$9,500
-2.07%
Current Estimated Value
$696,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,184
Avg. Annual Appreciation
3.63%
Original Mortgage
$359,600
Outstanding Balance
$271,049
Interest Rate
4.58%
Mortgage Type
New Conventional
Estimated Equity
$425,635
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
Minter Nicholas $449,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minter Nicholas $359,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2013 10/07/13 Sold $449,500 -2.1% $194 / Sq Ft
08/13/2013 08/13/13 Pending -- -- --
07/19/2013 07/19/13 For Sale $459,000 -- $198 / 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
2025 $6,672 $578,200 -- --
2024 $6,672 $540,700 $0 $0
2023 $5,525 $503,200 $219,300 $283,900
2022 $5,023 $480,967 $0 $0
2021 $4,454 $458,733 $0 $0
2020 $4,454 $436,500 $219,300 $217,200
2019 $4,327 $426,333 $0 $0
2018 $4,215 $416,167 $0 $0
2017 $4,184 $406,000 $0 $0
2016 -- $393,867 $0 $0
2015 $3,833 $381,733 $0 $0
2014 $3,833 $369,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dave Savercool

    Seller's Agent in 2013

    Dave Savercool

    Long & Foster

    (301) 237-3685

    6 in this area

    118 Total Sales

    Dave Savercool
    Section Image
  • Mike King

    Buyer's Agent in 2013

    Mike King

    King Real Estate, Inc

    (301) 467-5677

    43 Total Sales

    Mike King
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1003631268

Bright MLS

APN: 05-00378045

Maryland Montgomery County Silver Spring 20905

1617 Rainbow Dr, Silver Spring, MD

Not Listed for Sale

Detached

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