NOT LISTED FOR SALE

1908 Rainbow Dr Silver Spring, MD 20905

Estimated Value: $724,183

4 Beds
3.5 Baths
2,648 Sq Ft
$273/Sq Ft Est. Value

Last Sold November 08, 2021

Last sale price $640,000 $242 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,519/month

3 Days on Market

Highlights

  • Heated In Ground Pool
  • View of Trees or Woods
  • Traditional Floor Plan
  • Cloverly Elementary School Rated A-
  • Colonial Architecture
  • Wood Flooring

About This Home

As of November 2021

UNDER CONTRACT. OPEN HOUSE CANCELLED.

Spacious 4 bedroom, 3.5 bath colonial home situated on a 19,000+ square-foot professionally landscaped lot with refreshing pool and alfresco dining area. The expansive backyard feels even larger and more private, as it backs up to nature reserves which are part of the Upper Paint Branch Special Protection Area, one of Montgomery County’s most treasured natural resources.

The expansive interior of this home offers many features: on the main floor, a separate dining room; living room and family room, both with wood-burning fireplaces; wood floors; kitchen with new appliances and egress through new glass double-doors to the worthy-of-envy backyard; laundry room with access to the 2-car garage; and a half-bath. On the upper level, there are 4 bedrooms, all with wood floors and spacious closets; and 2 full bathrooms. The lower level features a full bathroom; large rec room/playroom/family room/office; and a huge storage room with tons of shelving. This home also features an extra-large garage with Craftsman organizers and cabinets, and a stand-up freezer.

New cedar privacy fencing and gates surround the backyard oasis, which features a welcoming pool and extensive room for outdoor dining and parties. The pool was recently renovated and improved: resurfaced, new tile, new pool lights; new coping; new pool pump with 7-way valve; and new gas heater. There is also a new child/pet safety fence stored in the adorable, new cottage-style shed. The shed is situated atop a new foundation. Also, an addition to the driveway was installed, which leads to the side of the home. A new 30-amp/120-volt plug allows for out-of-the-way, efficient RV or boat parking.

Additional improvements to the home include: the family room stone fireplace was relined, and a new cap was installed on the living room fireplace; the garbage disposal was replaced with a more powerful model; new washer/dryer; four new ceiling fans; refinished wood floors in the family room and primary bedroom; fresh paint in select rooms.

Good Hope Estates is a quiet and peaceful subdivision, located between Cloverly, Spencerville, and Burtonsville and approximately 40 minutes from Washington, DC and Baltimore, MD. Some of the wonderful amenities in and around the neighborhood include: the Maydale Park and Recreation Center, which features observation decks overlooking meadows, forests, wetlands, ponds, walking trails, and tranquil winding creek; The Good Hope Neighborhood Recreation Center is a new 14,000 facility located within the 13.7 acre Good Hope Park, which offers a gymnasium, weight room, social hall, game room, basketball courts, baseball field, playground, and an outdoor summer spray ground; Good Hope Estates Civic Association is an active community association in which neighbors collaborate on neighborhood clean ups, yard sales, parades, festivals, and block parties; nearby Spencerville Park has a tot lot, baseball field, cricket field, basketball courts, tennis courts, and open fields; Burtonsville Park and Good Hope Park are also nearby.

Currently under construction is the Good Hope Road Shared Use Path. This project provides for the design and construction of a new eight-foot-wide side path along the west side of Good Hope Road with over 4,500 feet of length from Windmill Lane to Rainbow Drive in Cloverly. The project also provides a pedestrian bridge that is 40-foot long and eight-foot wide at the intersection of Good Hope Road and Hopefield Road. The project site is located within the Upper Paint Branch Special Protection Area. The community also includes so much more: Giant Food; Safeway; Maryland Liquor Store; CVS; Post Office; Dental Offices; UPS Store; Petco; endless restaurants options; Nail and Hair Salons; etc. For easy commuting, Glenmont Metro station is a 20-minute drive from this home.

Virtual staging.

Last Agent to Sell the Property

Jill Chodorov

Long & Foster Real Estate, Inc. License #SP9836164 Listed on: 09/23/2021

Last Buyer's Agent

Carmen Prather

RE/MAX Excellence Realty License #616050

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,944

Year Built

  • Built in 1979

Lot Details

  • 0.44 Acre Lot
  • Privacy Fence
  • Wood Fence
  • Back Yard Fenced
  • Property is in very good condition
  • Property is zoned RE1

Parking

  • 2 Car Attached Garage
  • 5 Driveway Spaces
  • Oversized Parking
  • Front Facing Garage
  • Off-Street Parking

Property Views

  • Woods
  • Garden

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Vinyl Siding

Interior Spaces

  • Property has 3 Levels
  • Traditional Floor Plan
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Formal Dining Room
  • Wood Flooring
  • Finished Basement
  • Sump Pump
  • Laundry on main level

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Pool

  • Heated In Ground Pool

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Good Hope Estates Subdivision

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 160500378557

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,944

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Inclusions: Pool fencing.
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2021-09-23
  • Year Built: 1979
  • Automatically Close On Close Date: No
  • Remarks Public: UNDER CONTRACT. OPEN HOUSE CANCELLED. Spacious 4 bedroom, 3.5 bath colonial home situated on a 19,000+ square-foot professionally landscaped lot with refreshing pool and alfresco dining area. The expansive backyard feels even larger and more private, as it backs up to nature reserves which are part of the Upper Paint Branch Special Protection Area, one of Montgomery County’s most treasured natural resources. The expansive interior of this home offers many features: on the main floor, a separate dining room; living room and family room, both with wood-burning fireplaces; wood floors; kitchen with new appliances and egress through new glass double-doors to the worthy-of-envy backyard; laundry room with access to the 2-car garage; and a half-bath. On the upper level, there are 4 bedrooms, all with wood floors and spacious closets; and 2 full bathrooms. The lower level features a full bathroom; large rec room/playroom/family room/office; and a huge storage room with tons of shelving. This home also features an extra-large garage with Craftsman organizers and cabinets, and a stand-up freezer. New cedar privacy fencing and gates surround the backyard oasis, which features a welcoming pool and extensive room for outdoor dining and parties. The pool was recently renovated and improved: resurfaced, new tile, new pool lights; new coping; new pool pump with 7-way valve; and new gas heater. There is also a new child/pet safety fence stored in the adorable, new cottage-style shed. The shed is situated atop a new foundation. Also, an addition to the driveway was installed, which leads to the side of the home. A new 30-amp/120-volt plug allows for out-of-the-way, efficient RV or boat parking. Additional improvements to the home include: the family room stone fireplace was relined, and a new cap was installed on the living room fireplace; the garbage disposal was replaced with a more powerful model; new washer/dryer; four new ceiling fans; refinished wood floors in the family room and primary bedroom; fresh paint in select rooms. Good Hope Estates is a quiet and peaceful subdivision, located between Cloverly, Spencerville, and Burtonsville and approximately 40 minutes from Washington, DC and Baltimore, MD. Some of the wonderful amenities in and around the neighborhood include: the Maydale Park and Recreation Center, which features observation decks overlooking meadows, forests, wetlands, ponds, walking trails, and tranquil winding creek; The Good Hope Neighborhood Recreation Center is a new 14,000 facility located within the 13.7 acre Good Hope Park, which offers a gymnasium, weight room, social hall, game room, basketball courts, baseball field, playground, and an outdoor summer spray ground; Good Hope Estates Civic Association is an active community association in which neighbors collaborate on neighborhood clean ups, yard sales, parades, festivals, and block parties; nearby Spencerville Park has a tot lot, baseball field, cricket field, basketball courts, tennis courts, and open fields; Burtonsville Park and Good Hope Park are also nearby. Currently under construction is the Good Hope Road Shared Use Path. This project provides for the design and construction of a new eight-foot-wide side path along the west side of Good Hope Road with over 4,500 feet of length from Windmill Lane to Rainbow Drive in Cloverly. The project also provides a pedestrian bridge that is 40-foot long and eight-foot wide at the intersection of Good Hope Road and Hopefield Road. The project site is located within the Upper Paint Branch Special Protection Area. The community also includes so much more: Giant Food; Safeway; Maryland Liquor Store; CVS; Post Office; Dental Offices; UPS Store; Petco; endless restaurants options; Nail and Hair Salons; etc. For easy commuting, Glenmont Metro station is a 20-minute drive from this home. Virtual staging.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Floor Plan - Traditional, Formal/Separate Dining Room, Walk-In Closet(s), Wood Floors
  • Fireplace Features: Wood
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 3
  • Basement: Yes
  • Basement Type: Sump Pump, Fully Finished
  • Laundry Type: Main Floor
  • Total Sq Ft: 3214
  • Living Area Sq Ft: 2648
  • Price Per Sq Ft: 286.31
  • Above Grade Finished Sq Ft: 2148
  • Below Grade Finished Sq Ft: 500
  • Below Grade Sq Ft: 566
  • Total Below Grade Sq Ft: 1066
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1908

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Vinyl Siding
  • Pool Features: Heated, In Ground
  • View: Trees/Woods, Garden/Lawn
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry, Oversized
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 7
  • Type Of Parking: Attached Garage, Driveway, Off Street
  • Number of Spaces in Driveway: 5

Utilities

  • Refuse: 244.78
  • 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

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Elementary School: CLOVERLY
  • Middle School: BRIGGS CHANEY
  • High School: PAINT BRANCH
  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Key: 121138126809
  • School District Source: 3rd Party
  • Elementary School: CLOVERLY
  • High School: PAINT BRANCH
  • Middle Or Junior School: BRIGGS CHANEY

Green Features

  • Clean Green Assessed: No

Lot Info

  • Fencing: Privacy, Rear, Wood
  • Improvement Assessed Value: 256400.00
  • Land Assessed Value: 240000.00
  • Land Use Code: 011
  • Lot Size Acres: 0.44
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 19194.00
  • Property Condition: Very Good
  • Year Assessed: 2021
  • Zoning: RE1
  • In City Limits: No

Rental Info

  • Lease Considered: No
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Assessor Parcel Number: 13911902
  • Tax Annual Amount: 5944.00
  • Assessor Parcel Number: 160500378557
  • Tax Lot: 10
  • Tax Total Finished Sq Ft: 2648
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2021
  • Close Date: 11/08/2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2021
Closed on
Nov 8, 2021
Sold by
Madero William F and Madero Ashley C
Bought by
Balinao Louie Durrel and Balinao Danae Benzaquen
Seller's Agent
Jill Chodorov
Long & Foster Real Estate, Inc.
Buyer's Agent
Carmen Prather
RE/MAX Excellence Realty
List Price
$615,000
Sold Price
$640,000
Premium/Discount to List
$25,000
4.07%
Current Estimated Value
$724,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,183
Avg. Annual Appreciation
3.44%
Original Mortgage
$608,000
Outstanding Balance
$558,296
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$169,407

Purchase Details

Listed on
Jul 17, 2014
Closed on
Sep 8, 2014
Sold by
Bushman William C and Kimmel Bushman Shaina Lee
Bought by
Madero William F and Madero Ashley C
Seller's Agent
Ayisat Idris
Keller Williams Capital Properties
Buyer's Agent
Jill Chodorov
Long & Foster Real Estate, Inc.
List Price
$535,000
Sold Price
$535,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.53%
Original Mortgage
$59,150
Interest Rate
4.14%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 28, 2010
Sold by
Watson Dawn F
Bought by
Bushman William C and Kimmel-Bushman Shaina Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,250
Interest Rate
5.05%
Mortgage Type
VA

Purchase Details

Closed on
May 27, 2003
Sold by
Watson Clayton A and Watson F D
Bought by
Watson Dawn F

Purchase Details

Closed on
Jun 8, 1998
Sold by
M Robert and M Rager A
Bought by
F Clayton A and F Watson D
Source: Public Records

Range of Values:

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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
Balinao Louie Durrel $640,000 Eastern Title And Settlement
Madero William F $535,000 Fatico
Bushman William C $495,000 --
Watson Dawn F -- --
F Clayton A $225,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balinao Louie Durrel $608,000
Previous Owner Madero William F $59,150
Previous Owner Madero William F $417,000
Previous Owner Bushman William C $470,250
Previous Owner Watson Dawn F $359,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/08/2021 11/08/21 Sold $640,000 +4.1% $242 / Sq Ft
10/19/2021 10/19/21 For Sale $615,000 0.0% $232 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $615,000 +15.0% $232 / Sq Ft
09/08/2014 09/08/14 Sold $535,000 0.0% $249 / Sq Ft
07/25/2014 07/25/14 Pending -- -- --
07/17/2014 07/17/14 For Sale $535,000 -- $249 / 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 $6,886 $594,967 -- --
2024 $6,886 $553,333 $0 $0
2023 $5,686 $511,700 $240,000 $271,700
2022 $5,366 $506,600 $0 $0
2021 $5,252 $501,500 $0 $0
2020 $10,337 $496,400 $240,000 $256,400
2019 $5,030 $485,367 $0 $0
2018 $4,909 $474,333 $0 $0
2017 $4,842 $463,300 $0 $0
2016 $4,450 $450,933 $0 $0
2015 $4,450 $438,567 $0 $0
2014 $4,450 $426,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2013794

Bright MLS

APN: 05-00378557