NOT LISTED FOR SALE

23422 Rainbow Arch Dr Clarksburg, MD 20871

Estimated Value: $254,000 - $294,000

3 Beds
1.5 Baths
1,264 Sq Ft
$215/Sq Ft Est. Value

Last Sold March 08, 2019

Last sale price $202,000 $160 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $2,036/month

11 Days on Market

Highlights

  • Colonial Architecture
  • Community Pool
  • Forced Air Heating and Cooling System
  • Wilson Wims Elementary School Rated A
  • Community Playground

About This Home

As of March 2019

Great Opportunity to acquire this great starter or investment home. 2 levels of stack/piggy-back townhouse fun. 3 bedrooms & 1 full bath on the main level. Gleaming wood floors throughout both levels. Fans in all bedrooms. The bright & airy lower level features a comfortable kitchen with stainless steel look appliances & great counterspace. Spacious cabinets complement the beautiful granite countertops. The living/dining room combo ,laundry, pantry & powder room complete the exquisite living experience. Only cash or conventional financing offers will be entertained. Subject to MPDU approval but property shall not have any MPDU covenant encumbrances post closing

Last Agent to Sell the Property

Mohamed Desai

(240) 888-2867 fedezini@hotmail.com Realty Advantage of Maryland LLC Listed on: 01/26/2019

Realty Advantage of Maryland LLC

Last Buyer's Agent

Kasra Divband

(301) 310-6626 kas.divband@compass.com Keller Williams Capital Properties

Keller Williams Capital Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,345

Year Built

  • Built in 2005

Lot Details

  • 44

HOA Fees

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 1,264 Sq Ft Home
  • Property has 2 Levels

Kitchen

  • Stove
  • Built-In Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Connecting Stairway
  • Interior and Exterior Basement Entry
  • Basement Windows

Schools

  • Wilson WIMS Elementary School
  • Hallie Wells Middle School
  • Clarksburg High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 160203500027

Community Details

Overview

  • Association fees include pool(s), management, insurance, snow removal, trash
  • Clarksburg Villa Community
  • Clarksburg Village Subdivision

Amenities

  • Common Area

Recreation

  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,345

Year Built

Built in 2005

Lot Details

0

HOA Fees

$379 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Lower 1, Main
  • Year Built: 2005
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Built-In Microwave, Dishwasher, Disposal, Dryer, Exhaust Fan, Icemaker, Refrigerator, Stove, Washer
  • Levels Count: 2
  • Basement: Yes
  • Basement Type: Connecting Stairway, Fully Finished, Full, Heated, Improved, Interior Access, Outside Entrance, Rear Entrance, Walkout Level, Windows, Daylight, Partial
  • Basement Finished Percent: 100.00
  • Basement Footprint Percent: 100.00
  • Total Sq Ft: 1264
  • Living Area Sq Ft: 1264
  • Price Per Sq Ft: 159.81
  • Above Grade Finished Sq Ft: 1264
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Half Bathroom: 1

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Refuse: 213.26
  • 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

  • HOA Fees: 59.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 320.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Common Grounds, Pool - Outdoor, Tot Lots/Playground
  • HOA Condo Co-Op Fee Includes: Pool(s), Management, Insurance, Snow Removal, Trash
  • HOA: Yes
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: 3rd Party
  • Middle School Source: Listing Agent
  • School District Source: 3rd Party
  • Elementary School: WILSON WIMS
  • High School: CLARKSBURG
  • Middle Or Junior School: HALLIE WELLS

Lot Info

  • Zoning: R200
  • In City Limits: No

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2345.00
  • Assessor Parcel Number: 160203500027
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: Yes
  • Tax Year: 2019

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2019
Closed on
Mar 4, 2019
Sold by
Khan Mohammad and Khan Asma
Bought by
Sankhe Varun Anil and Brescia Christina Michelle
Seller's Agent
Mohamed Desai
Realty Advantage of Maryland LLC
Buyer's Agent
Kasra Divband
Keller Williams Capital Properties
List Price
$202,000
Sold Price
$202,000
Current Estimated Value
$271,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,741
Avg. Annual Appreciation
4.49%
Original Mortgage
$181,800
Outstanding Balance
$159,509
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$112,232

Purchase Details

Closed on
Nov 16, 2005
Sold by
M Park Ii Llc
Bought by
Khan Mohammad

Purchase Details

Closed on
Oct 21, 2005
Sold by
M Park Ii Llc
Bought by
Khan Mohammad
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
Sankhe Varun Anil $202,000 Pinnacle Title & Escrow Inc
Khan Mohammad $116,165 --
Khan Mohammad $116,165 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sankhe Varun Anil $181,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2019 03/08/19 Sold $202,000 0.0% $160 / Sq Ft
02/07/2019 02/07/19 Price Changed $202,000 0.0% $160 / Sq Ft
02/07/2019 02/07/19 For Sale $202,000 0.0% $160 / Sq Ft
02/05/2019 02/05/19 Off Market $202,000 -- --
01/26/2019 01/26/19 For Sale $195,000 -- $154 / 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 $2,785 $220,000 $66,000 $154,000
2024 $2,785 $210,667 $0 $0
2023 $1,966 $201,333 $0 $0
2022 $1,757 $192,000 $57,600 $134,400
2021 $1,703 $191,333 $0 $0
2020 $3,345 $190,667 $0 $0
2019 $3,307 $190,000 $57,000 $133,000
2018 $1,649 $190,000 $57,000 $133,000
2017 $1,157 $190,000 $0 $0
2016 $933 $140,000 $0 $0
2015 $933 $138,333 $0 $0
2014 $933 $136,667 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC510248

Bright MLS

APN: 02-03500027