NOT LISTED FOR SALE

1900 Rainbow Dr Silver Spring, MD 20905

Estimated Value: $594,000 - $692,000

4 Beds
3.5 Baths
2,080 Sq Ft
$317/Sq Ft Est. Value

Last Sold April 29, 2014

Last sale price $300,000 $144 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $3,958/month

132 Days on Market

Highlights

  • Scenic Views
  • Colonial Architecture
  • Traditional Floor Plan
  • Cloverly Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of April 2014

Split Colonial home with hardwood floors on main & upper levels, kitchen with cherry cabinets, skylights, ceramic tile. Raised hearth masonry fireplace in family room, walkout to deck and patio, main level laundry room.

Last Agent to Sell the Property

Shirley Lokeman

(301) 680-8006 shirley.lokeman@longandfoster.com Long & Foster Real Estate, Inc. Listed on: 10/14/2011

Long & Foster Real Estate, Inc.

Last Buyer's Agent

Miguel Gotay

(703) 928-2017 gotaym@rcgroupllc.com Realty Concepts Group LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,155

Year Built

  • Built in 1973

Lot Details

  • 0.45 Acre Lot
  • Back Yard Fenced
  • Landscaped
  • Property is zoned RE1

Parking

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

Property Views

  • Scenic Vista
  • Woods
  • Garden

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • Skylights
  • Recessed Lighting
  • Fireplace With Glass Doors
  • Screen For Fireplace
  • Fireplace Mantel
  • Window Treatments
  • Window Screens
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Game Room
  • Utility Room
  • Wood Flooring
  • Eat-In Country Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Bathroom
  • 3.5 Bathrooms

Laundry

  • Laundry Room
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Windows

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Outdoor Features

  • Deck
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Split Colonial

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 160500378546

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,155

Year Built

Built in 1973

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Parking Included In ListPrice,Parking Included In SalePrice
  • New Construction: No
  • Story List: Lower 1, Lower 2, Main, Upper 1, Upper 2
  • Year Built: 1973
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Washer/Dryer Hookups Only, Washer
  • Interior Amenities: Family Room Off Kitchen, Kitchen - Country, Kitchen - Table Space, Dining Area, Master Bath(s), Window Treatments, Wood Floors, Recessed Lighting, Floor Plan - Traditional
  • Window Features: Screens, Skylights
  • Fireplace Features: Fireplace - Glass Doors, Mantel(s), Screen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Door Features: Storm
  • Wall Ceiling Types: Dry Wall
  • Entry Location: Foyer
  • Levels Count: 3+
  • Room List: Living Room, Dining Room, Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Game Room, Family Room, Foyer, Laundry, Utility Room
  • Basement: Yes
  • Basement Type: Sump Pump, Daylight, Partial, Full, Improved, Partially Finished, Windows
  • Living Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Construction Materials: Combination, Brick
  • Construction Completed: No
  • Roof: Composite
  • View: Garden/Lawn, Scenic Vista, Trees/Woods
  • 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, Paved Driveway
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street, Driveway, On Street, Attached Garage

Utilities

  • Refuse: 209.85
  • 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
  • Security: Smoke Detector
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Lot Info

  • Fencing: Rear
  • Improvement Assessed Value: 119510.00
  • Land Assessed Value: 259830.00
  • Lot Features: Landscaping
  • Lot Size Acres: 0.45
  • Lot Size Area: 19552
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19552.00
  • Outdoor Living Structures: Deck(s), Porch(es)
  • Zoning: RE1

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 13911901
  • Tax Annual Amount: 4154.67
  • Assessor Parcel Number: 160500378546
  • Tax Lot: 8
  • Tax Page Number: 214
  • County Tax Payment Frequency: Annually
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2016
Sold by
Serpas Karla R and Serpas Hugo M
Bought by
Serpas Karla R and Serpas Mario E
Current Estimated Value
$660,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,500
Outstanding Balance
$237,150
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$423,010

Purchase Details

Listed on
Oct 14, 2011
Closed on
Apr 29, 2014
Sold by
Jackson Janice M and Jackson Glen Cornell
Bought by
Serpas Karla R and Serpas Hugo M
Seller's Agent
Shirley Lokeman
Long & Foster Real Estate, Inc.
Buyer's Agent
Miguel Gotay
Realty Concepts Group LLC
List Price
$365,000
Sold Price
$300,000
Premium/Discount to List
-$65,000
-17.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.95%
Original Mortgage
$294,566
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 10, 1997
Sold by
Robalee Chapin
Bought by
M Glen C and M Jackson J
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
Serpas Karla R $143,500 Attorney
Serpas Karla R $300,000 Old Republic National Title
M Glen C $199,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serpas Karla R $300,500
Closed Serpas Karla R $294,566
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2014 04/29/14 Sold $300,000 +3.4% $144 / Sq Ft
10/17/2012 10/17/12 Price Changed $290,000 -11.9% $139 / Sq Ft
02/23/2012 02/23/12 Pending -- -- --
12/16/2011 12/16/11 Price Changed $329,000 -9.9% $158 / Sq Ft
10/14/2011 10/14/11 For Sale $365,000 -- $175 / 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 $6,067 $530,367 -- --
2024 $6,067 $488,133 $0 $0
2023 $4,865 $445,900 $241,000 $204,900
2022 $4,635 $445,800 $0 $0
2021 $4,554 $445,700 $0 $0
2020 $4,554 $445,600 $241,000 $204,600
2019 $4,433 $436,000 $0 $0
2018 $4,328 $426,400 $0 $0
2017 $4,306 $416,800 $0 $0
2016 -- $393,633 $0 $0
2015 $3,655 $370,467 $0 $0
2014 $3,655 $347,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: 1004616382

Bright MLS

APN: 05-00378546