NOT LISTED FOR SALE

23205 Rainbow Arch Dr Clarksburg, MD 20871

Estimated Value: $648,000 - $653,725

5 Beds
4.5 Baths
2,728 Sq Ft
$238/Sq Ft Est. Value

Last Sold August 23, 2021

Last sale price $582,500 $214 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,035/month

4 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Community Pool
  • Wilson Wims Elementary School Rated A
  • Wood Flooring
  • 1-minute walk to Clarksburg Village Park North

About This Home

As of August 2021

Welcome to this very well-kept original owner Craftstar Kensington Stone Front home featuring over 2500 sq ft of living space. This rarely available 4 story 5-bedroom 4.5 Bath Townhouse is move-in ready and located in the Clarksburg Village community. It has an open floor plan with many desirable features such as: hardwood floors, a spacious eat-in kitchen with granite countertops, an oversized center island with stainless steel appliances, upgraded cabinetry, an upper level laundry room and an owners suite on the 4th floor. This home also includes unique entertainment features such as a finished basement with a gas fireplace, a wet bar, a working intercom system, and home theater speakers built into the basement ceiling. There is a detached 2 car garage and plenty of storage space. Recent upgrades include a new 2nd level heat pump (June 2021), Newer Washer/Dryer, freshly painted interior (June 2021), New Roof (July 2021) and much much more. Also includes an Home Warranty. This home is located within walking distance to Wilson Wims Elem School and is also within walking distance to a neighborhood pool and clubhouse. This neighborhood has many amenities including swimming pools, tot-lots, walking trails and is within minutes of community shops and restaurants. Come now and look! You will not be disappointed******. All showings require confirmed appointments and please take all COVID related precautions. Wearing of a mask is required while touring the property and remove shoes or wear the provided shoe covers.

Last Agent to Sell the Property

Maurice Purvis

(240) 381-4958 MPurvis@gmail.com HomeSmart License #655599 Listed on: 07/22/2021

HomeSmart

Last Buyer's Agent

Sheena Saydam

(202) 243-7700 sheena@saydamproperties.com Keller Williams Capital Properties License #638126

Keller Williams Capital Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,312

Year Built

  • Built in 2007

Lot Details

  • 2,123 Sq Ft Lot
  • Property is in excellent condition

HOA Fees

  • $84 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Rear-Facing Garage

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Property has 4 Levels
  • Open Floorplan
  • Gas Fireplace
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms

Laundry

  • Laundry on upper level
  • Electric Dryer
  • Washer

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Tax Lot 60
  • Assessor Parcel Number 160203521736

Community Details

Overview

  • Association fees include trash
  • Clarksburg Village Subdivision

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,312

Year Built

Built in 2007

Lot Details

0

HOA Fees

$84 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • Home Warranty: Yes
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2021-07-22
  • Federal Flood Zone: No
  • Year Built: 2007
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Cooktop, Dishwasher, Disposal, Dryer - Electric, Oven - Wall, Washer
  • Flooring Type: Hardwood, Carpet, Ceramic Tile
  • Interior Amenities: Breakfast Area, Carpet, Floor Plan - Open
  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall
  • Levels Count: 4
  • Basement: Yes
  • Basement Type: Fully Finished
  • Laundry Type: Upper Floor
  • Total Sq Ft: 2772
  • Living Area Sq Ft: 2728
  • Price Per Sq Ft: 292.21
  • Above Grade Finished Sq Ft: 1848
  • Below Grade Finished Sq Ft: 880
  • Below Grade Sq Ft: 44
  • Total Below Grade Sq Ft: 924
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 5
  • Main Level Bedrooms: 5
  • Total Bathrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Main Level Bathrooms: 5.00
  • Main Level Full Bathrooms: 4
  • Main Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Stone, Vinyl Siding
  • Roof: Shingle
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Community
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Garage Features: Garage - Rear Entry
  • Number Of Detached Garage Spaces: 2
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Detached Garage

Utilities

  • Refuse: 213.26
  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Heat Pump(s), Central A/C
  • Heating Fuel: Natural Gas, Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Cable Tv Available, Electric Available, Water Available
  • Water Source: Public
  • Internet Services: Fiber Optic

Condo/Co-op/Association

  • HOA Fees: 84.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA Condo Co-Op Amenities: Swimming Pool, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Trash
  • HOA: Yes
  • Senior Community: No
  • Community Pool Features: Fenced

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Horses: No
  • Improvement Assessed Value: 326900.00
  • Land Assessed Value: 150000.00
  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2123.00
  • Property Condition: Excellent
  • Zoning: R200
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 14103363
  • Tax Annual Amount: 5312.00
  • Assessor Parcel Number: 160203521736
  • Tax Lot: 60
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Aug 23, 2021
Sold by
Frank Rodney and Frank Rodney Terrell
Bought by
Lubao Paul T and Lubao Mary Grace
Seller's Agent
Maurice Purvis
HomeSmart
Buyer's Agent
Sheena Saydam
Keller Williams Capital Properties
List Price
$540,000
Sold Price
$582,500
Premium/Discount to List
$42,500
7.87%
Current Estimated Value
$650,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,931
Avg. Annual Appreciation
2.61%
Original Mortgage
$553,375
Outstanding Balance
$501,665
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$148,766

Purchase Details

Closed on
May 13, 2008
Sold by
Clarksburg Village Lc
Bought by
Terrell Frank Rodney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,030
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2008
Sold by
Clarksburg Village Lc
Bought by
Terrell Frank Rodney

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,030
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage
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
Lubao Paul T $582,500 Universal Title
Terrell Frank Rodney $469,000 --
Terrell Frank Rodney $469,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lubao Paul T $553,375
Previous Owner Terrell Frank Rodney $408,030
Previous Owner Terrell Frank Rodney $408,030
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2021 08/23/21 Sold $582,500 +7.9% $214 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $540,000 -- $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 $6,314 $537,167 -- --
2024 $6,314 $509,600 $150,000 $359,600
2023 $5,473 $498,700 $0 $0
2022 $5,099 $487,800 $0 $0
2021 $4,924 $476,900 $150,000 $326,900
2020 $9,535 $464,933 $0 $0
2019 $4,620 $452,967 $0 $0
2018 $4,489 $441,000 $150,000 $291,000
2017 $4,265 $422,933 $0 $0
2016 $4,440 $404,867 $0 $0
2015 $4,440 $386,800 $0 $0
2014 $4,440 $386,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2003598

Bright MLS

APN: 02-03521736