NOT LISTED FOR SALE

1621 Rainbow Dr Silver Spring, MD 20905

Estimated Value: $647,707 - $718,000

4 Beds
2.5 Baths
2,434 Sq Ft
$281/Sq Ft Est. Value

Last Sold September 28, 2017

Last sale price $495,000 $203 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,092/month

2 Days on Market

Highlights

  • Eat-In Gourmet Kitchen
  • Open Floorplan
  • Wood Flooring
  • Cloverly Elementary School Rated A-
  • Colonial Architecture
  • No HOA

About This Home

As of September 2017

BEAUTIFUL 4 BR, 2 1/2 BA COLONIAL W/GORGEOUS BREAKFAST RM/SUNROOM ADDITION, LARGE GOURMET KIT. W/BREAKFAST BAR, QUARTZ COUNTERTOPS, 1ST FLR. FAM. RM W/FIREPLACE, REFINISHED HDWD FLRS, SEP DR, UPDATED WINDOWS, UPDATED KIT & BATHROOMS, NEW WARDROBE/SINK/VANITY IN MASTER BR, TWO WALK-IN CLOSETS IN MASTER BR, MAIN LVL LAUNDRY, 3 TIER DECK, FENCED YD, EXTRA WIDE DRWY. DON'T MISS THIS ONE!

Last Agent to Sell the Property

Teresa Ann Hitt

(301) 980-5903 teresakhitt@gmail.com Long & Foster Real Estate, Inc. Listed on: 08/19/2017

Long & Foster Real Estate, Inc.

Co-Listed By

Bob Hitt

(301) 466-0180 rob.hitt@longandfoster.com Long & Foster Real Estate, Inc. License #36128

Last Buyer's Agent

Mike Mondy

(301) 675-6355 mondyrealestate@gmail.com Keller Williams Realty Centre

Keller Williams Realty Centre

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,980

Year Built

  • Built in 1971

Lot Details

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

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Colonial Architecture
  • Shingle Roof
  • Brick Front

Interior Spaces

  • Property has 3 Levels
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Fireplace Mantel
  • Insulated Windows
  • Window Treatments
  • Window Screens
  • Insulated Doors
  • Six Panel Doors
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Game Room
  • Wood Flooring
  • Storm Doors

Kitchen

  • Eat-In Gourmet Kitchen
  • Breakfast Room
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 2.5 Bathrooms

Laundry

  • Laundry Room
  • Front Loading Dryer
  • Front Loading Washer

Partially Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Sump Pump
  • Basement Windows

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Programmable Thermostat
  • 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 12
  • Assessor Parcel Number 160500378056

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,980

Year Built

Built in 1971

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2017-08-20
  • Year Built: 1971
  • Special Assessment Payment: Annually
  • Special Features: VirtualTour
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Dryer - Front Loading, Microwave, Oven/Range - Electric, Washer - Front Loading
  • Interior Amenities: Kitchen - Table Space, Dining Area, Kitchen - Eat-In, Breakfast Area, Kitchen - Gourmet, Primary Bath(s), Window Treatments, Wood Floors, Recessed Lighting, Floor Plan - Open
  • Window Features: Insulated, Screens
  • Fireplace Features: Mantel(s), Fireplace - Glass Doors
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Insulated, Six Panel, Storm
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Family Room, Foyer, Breakfast Room, Laundry
  • Basement: Yes
  • Basement Type: Connecting Stairway, Sump Pump, Full, Windows, Partially Finished, Heated, Improved
  • 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, Brick Front
  • Pool Private: No
  • Roof: Shingle
  • 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: Garage, Attached, Concrete Driveway, Concrete Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, On Street, Driveway, Attached Garage

Utilities

  • Refuse: 205.11
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Programmable Thermostat
  • Cooling: Yes
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Programmable Thermostat
  • 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

Schools

  • Elementary School: CLOVERLY
  • High School: PAINT BRANCH
  • Middle Or Junior School: BRIGGS CHANEY

Lot Info

  • Improvement Assessed Value: 196800.00
  • Land Assessed Value: 222300.00
  • Lot Size Acres: 0.28
  • Lot Size Area: 12410
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 12410.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Zoning: RE1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13843225
  • Tax Annual Amount: 4979.90
  • Assessor Parcel Number: 160500378056
  • Tax Lot: 12
  • County Tax Payment Frequency: Annually
  • Tax Year: 2017

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2017
Closed on
Sep 28, 2017
Sold by
Mccormick Catherine R and Mccormick James M
Bought by
Menth Myrna A and Menth Shawn E
Seller's Agent
Teresa Ann Hitt
Long & Foster Real Estate, Inc.
Buyer's Agent
Mike Mondy
Keller Williams Realty Centre
List Price
$490,000
Sold Price
$495,000
Premium/Discount to List
$5,000
1.02%
Current Estimated Value
$684,427

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,427
Avg. Annual Appreciation
3.98%
Original Mortgage
$486,034
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 13, 2001
Sold by
Mccormick James M 3Rd & C R
Bought by
Altr James M Et
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Menth Myrna A $495,000 Charter Title Llc
Altr James M Et -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Menth Myrna A $486,034
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2017 09/28/17 Sold $495,000 0.0% $203 / Sq Ft
08/22/2017 08/22/17 Pending -- -- --
08/22/2017 08/22/17 Price Changed $495,000 +1.0% $203 / Sq Ft
08/19/2017 08/19/17 For Sale $490,000 -- $201 / 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 $6,157 $527,667 -- --
2024 $6,157 $495,933 $0 $0
2023 $5,076 $464,200 $222,300 $241,900
2022 $4,790 $459,867 $0 $0
2021 $4,616 $455,533 $0 $0
2020 $4,616 $451,200 $222,300 $228,900
2019 $4,483 $440,500 $0 $0
2018 $4,365 $429,800 $0 $0
2017 $4,332 $419,100 $0 $0
2016 -- $406,867 $0 $0
2015 $3,946 $394,633 $0 $0
2014 $3,946 $382,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Teresa Ann Hitt

    Seller's Agent in 2017

    Teresa Ann Hitt

    Long & Foster

    (301) 980-5903

    20 Total Sales

    Teresa Ann Hitt
    Section Image
  • Bob Hitt

    Seller Co-Listing Agent in 2017

    Bob Hitt

    Long & Foster

    (301) 466-0180

    13 Total Sales

    Bob Hitt
    Section Image
  • Mike Mondy

    Buyer's Agent in 2017

    Mike Mondy

    Keller Williams Realty Centre

    (301) 675-6355

    1 in this area

    94 Total Sales

    Mike Mondy
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: 1000194009

Bright MLS

APN: 05-00378056

Maryland Montgomery County Silver Spring 20905

1621 Rainbow Dr, Silver Spring, MD

Not Listed for Sale

Detached

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