NOT LISTED FOR SALE

700 Rainbow Ct Edgewood, MD 21040

Estimated Value: $332,000 - $382,000

3 Beds
2 Baths
1,928 Sq Ft
$184/Sq Ft Est. Value

Last Sold August 29, 2023

Last sale price $305,000 $158 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,073/month

5 Days on Market

Highlights

  • Ceiling Fan
  • Carpet
  • Heat Pump System

About This Home

As of August 2023

Welcome to this expansive 4-level, split-level home situated at the end of a cul-de-sac. Along with its two-car driveway, this residence boasts three bedrooms and two full bathrooms, offering ample space for comfortable living. As you step inside, you'll be greeted by a generous living room adorned with a vaulted ceiling, creating an open and airy atmosphere. Adjacent to the living room is a well-appointed kitchen featuring wooden cabinetry. Moving downstairs, you'll discover a spacious basement complete with a wood-burning fireplace, three windows allowing for an abundance of natural light, and convenient walk-out access to the backyard. Additionally, the basement includes a separate room dedicated to laundry facilities. Descend further to an unfinished level featuring sturdy block walls, multiple hopper windows, a newer water heater, HVAC system, and a sump pump. Upstairs, you'll find three expansive, carpeted bedrooms. The hall bathroom offers a bathtub for relaxation. The primary bedroom features an ensuite bathroom complete with a stand-up shower. Stepping outside, you'll be greeted by a spacious wooden deck, perfect for entertaining guests, and convenient stairs leading to the backyard, outlined by large trees for privacy. Don't miss out on this remarkable home, as it surely won't stay on the market for long!

Last Agent to Sell the Property

Samuel Palmer

(443) 414-8246 sam@compasshomegroup.com Compass Home Group, LLC Listed on: 07/20/2023

Last Buyer's Agent

Milu Paoletti

(703) 899-9621 milupaolettimdrealestate@gmail.com Samson Properties

Samson Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,268

Year Built

  • Built in 1987

Lot Details

  • 0.25 Acre Lot
  • Property is in good condition
  • Property is zoned R3

HOA Fees

  • $20 Monthly HOA Fees

Home Design

  • Split Level Home

Interior Spaces

  • Property has 2 Levels
  • Ceiling Fan
  • Brick Fireplace
  • Basement

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Heat Pump System
  • Electric Water Heater

Community Details

  • Woodbridge Center Subdivision

Listing and Financial Details

  • Tax Lot 15
  • Assessor Parcel Number 1301180258

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,268

Year Built

Built in 1987

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Split Level
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Lower 1, Main, Upper 1
  • Expected On Market: 2023-07-20
  • Year Built: 1987
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring Type: Carpet, Vinyl
  • Fireplace Features: Brick
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Other
  • Levels Count: 2
  • Basement: Yes
  • Total Sq Ft: 2208
  • Living Area Sq Ft: 1928
  • Price Per Sq Ft: 167.82
  • Above Grade Finished Sq Ft: 1728
  • Below Grade Finished Sq Ft: 200
  • Below Grade Sq Ft: 280
  • Total Below Grade Sq Ft: 480
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Upper Level Bathrooms: 2
  • Upper Level Bathrooms: 2.00

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Block
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s)
  • Heating Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA Fees: 20.00
  • HOA Fee Frequency: Monthly
  • Condo Co-Op Association: No
  • HOA: Yes
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 10802.00
  • Property Condition: Good, Average
  • Zoning: R3
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2268.00
  • Assessor Parcel Number: 1301180258
  • Tax Lot: 15
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2023

MLS Schools

  • School District Name: HARFORD COUNTY PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Aug 28, 2023
Sold by
Russell Scott E and Russell Rona J
Bought by
Diaz Sergido and Hernandez Ines
Seller's Agent
Samuel Palmer
Compass Home Group, LLC
Buyer's Agent
Milu Paoletti
Samson Properties
List Price
$290,000
Sold Price
$305,000
Premium/Discount to List
$15,000
5.17%
Views
115
Current Estimated Value
$355,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,344
Avg. Annual Appreciation
6.57%
Original Mortgage
$221,250
Outstanding Balance
$215,648
Interest Rate
6.9%
Mortgage Type
New Conventional
Estimated Equity
$139,696

Purchase Details

Closed on
Jun 19, 1987
Sold by
Ryland Group Inc The
Bought by
Russell Scott E and Russell Rona J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,493
Interest Rate
10.44%

Purchase Details

Closed on
Mar 19, 1987
Sold by
Hanson Development Corp
Bought by
Ryland Group Inc The
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
Diaz Sergido $305,000 Cardinal Title Group
Diaz Sergido $305,000 Cardinal Title Group
Russell Scott E $93,700 --
Ryland Group Inc The $18,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz Sergido $221,250
Closed Diaz Sergido $221,250
Previous Owner Russell Scott E $84,493
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2023 08/29/23 Sold $305,000 +5.2% $158 / Sq Ft
07/26/2023 07/26/23 Pending -- -- --
07/20/2023 07/20/23 For Sale $290,000 -- $150 / 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 $2,566 $255,000 $0 $0
2024 $2,566 $235,400 $0 $0
2023 $2,352 $215,800 $63,400 $152,400
2022 $2,268 $208,067 $0 $0
2021 $2,223 $200,333 $0 $0
2020 $2,223 $192,600 $63,400 $129,200
2019 $2,193 $190,000 $0 $0
2018 $2,143 $187,400 $0 $0
2017 $2,113 $184,800 $0 $0
2016 -- $184,800 $0 $0
2015 $2,345 $184,800 $0 $0
2014 $2,345 $193,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDHR2023880

Bright MLS

APN: 01-180258