NOT LISTED FOR SALE

23428 Rainbow Arch Dr Clarksburg, MD 20871

Estimated Value: $284,000 - $367,000

3 Beds
2.5 Baths
1,391 Sq Ft
$240/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $317,500 $228 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,442/month

12 Days on Market

Highlights

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

About This Home

As of August 2022

Amazing 2 Level Condo townhouse 3 Bed 2.5 bath. New Flooring all throughout, New Quartz Countertop, Freshly Painted. Ready to Move into!

Last Agent to Sell the Property

David D'Costa

(301) 996-7264 yourdreamhomes@gmail.com Home Resource Realty International, Ltd - HRRI Listed on: 07/16/2022

Last Buyer's Agent

Danni Huang

(301) 765-4152 luckyh823@gmail.com DMV Landmark Realty, LLC License #665514

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,564

Year Built

  • Built in 2005

Lot Details

  • 44

HOA Fees

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Brick Foundation
  • Vinyl Siding
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 1,391 Sq Ft Home
  • Property has 2 Levels
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Lot
  • 2 Assigned Parking Spaces

Schools

  • Little Bennett Elementary School
  • Rocky Hill Middle School
  • Clarksburg High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 160203500016

Community Details

Overview

  • Association fees include trash, snow removal, road maintenance, reserve funds, pool(s), parking fee, management, lawn maintenance, lawn care rear, lawn care front, common area maintenance
  • Clarksburg Village Community Association
  • Clarksburg Village Subdivision

Amenities

  • Common Area

Recreation

  • Community Playground
  • Community Pool
  • Jogging Path

Pet Policy

  • Limit on the number of pets

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,564

Year Built

Built in 2005

Lot Details

0

HOA Fees

$387 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Interior Row/Townhouse
  • Architectural Style: Colonial
  • Ownership: Condominium
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-07-16
  • Year Built: 2005
  • Assigned Parking Space Numbers: 205
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Fireplace: No
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • Levels Count: 2
  • Basement: No
  • Laundry Type: Washer In Unit, Dryer In Unit
  • Total Sq Ft: 1391
  • Living Area Sq Ft: 1391
  • Price Per Sq Ft: 229.98
  • Above Grade Finished Sq Ft: 1391
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

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

Garage/Parking

  • Assigned Spaces Count: 2
  • Garage: No
  • Parking Features: Assigned
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Parking Lot
  • Parking Lot Number Of Spaces: 2

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
  • Utilities: Natural Gas Available, Electric Available, Water Available, Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 58.80
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: Yes
  • Condo Co-Op Fee: 328.00
  • Condo Co-Op Fee Frequency: Monthly
  • HOA Condo Co-Op Amenities: Jog/Walk Path, Tot Lots/Playground, Reserved/Assigned Parking, Common Grounds
  • HOA Condo Co-Op Fee Includes: Trash, Snow Removal, Road Maintenance, Reserve Funds, Pool(s), Parking Fee, Management, Lawn Maintenance, Lawn Care Rear, Lawn Care Front, Common Area Maintenance
  • HOA Name: CLARKSBURG VILLAGE COMMUNITY ASSOCIATION
  • HOA: Yes
  • Senior Community: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • Elementary School Source: 3rd Party
  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • Elementary School: LITTLE BENNETT
  • High School: CLARKSBURG
  • Middle Or Junior School: ROCKY HILL

Lot Info

  • Horses: No
  • Zoning: U
  • Zoning Description: Condo
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Pets: Number Limit
  • Pets Allowed: Yes
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2564.00
  • Assessor Parcel Number: 160203500016
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2022
Closed on
Aug 25, 2022
Sold by
Dnjh Llc
Bought by
Zhang Hongzhi
Seller's Agent
David D'Costa
Home Resource Realty International, Ltd - HRRI
Buyer's Agent
Danni Huang
DMV Landmark Realty, LLC
List Price
$319,900
Sold Price
$317,500
Premium/Discount to List
-$2,400
-0.75%
Views
15
Current Estimated Value
$334,359

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,859
Avg. Annual Appreciation
1.59%
Original Mortgage
$269,875
Outstanding Balance
$257,937
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$76,422

Purchase Details

Closed on
Apr 20, 2022
Sold by
Craig Margaret A
Bought by
Dnjh Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2005
Sold by
M Park Ii Llc
Bought by
Craig Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,220
Interest Rate
5.78%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 28, 2005
Sold by
M Park Ii Llc
Bought by
Craig Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,220
Interest Rate
5.78%
Mortgage Type
FHA
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
Zhang Hongzhi $317,500 First American Title
Dnjh Llc $210,000 None Listed On Document
Craig Margaret A $116,945 --
Craig Margaret A $116,945 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Hongzhi $269,875
Previous Owner Dnjh Llc $187,500
Previous Owner Craig Margaret A $114,220
Previous Owner Craig Margaret A $114,220
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2022 08/26/22 Sold $317,500 -0.8% $228 / Sq Ft
07/16/2022 07/16/22 For Sale $319,900 -- $230 / 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 $3,544 $310,000 $93,000 $217,000
2024 $3,544 $276,667 $0 $0
2023 $2,450 $243,333 $0 $0
2022 $2,648 $210,000 $63,000 $147,000
2021 $1,872 $206,667 $0 $0
2020 $1,812 $203,333 $0 $0
2019 $3,527 $200,000 $60,000 $140,000
2018 $1,759 $200,000 $60,000 $140,000
2017 $1,157 $200,000 $0 $0
2016 -- $140,000 $0 $0
2015 $965 $140,000 $0 $0
2014 $965 $140,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDMC2061100

Bright MLS

APN: 02-03500016