Seller's Agent in 2023
Mr. Matthew Shawn
Coldwell Banker Realty
(410) 430-9283
1 in this area
6 Total Sales
7202 Rainbow Ln Frederick, MD 21702
Clover Hill NeighborhoodEstimated Value: $470,000 - $523,000
3
Beds
2.5
Baths
2,216
Sq Ft
$223/Sq Ft
Est. Value
Highlights
- 0.36 Acre Lot
- No HOA
- Eat-In Kitchen
- Rambler Architecture
- 2 Car Attached Garage
- Living Room
About This Home
As of November 2023This home is located at 7202 Rainbow Ln, Frederick, MD 21702 since 09 November 2023 and is currently estimated at $495,210, approximately $223 per square foot. This property was built in 1986. 7202 Rainbow Ln is a home located in Frederick County with nearby schools including Monocacy Elementary School, Monocacy Middle School, and Gov. Thomas Johnson High School.
Last Agent to Sell the Property
(410) 430-9283 matthew.shawn@cbrealty.com Coldwell Banker Realty License #657018 Listed on: 11/09/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,570
Year Built
- Built in 1986
Lot Details
- 0.36 Acre Lot
- Landscaped
- Property is zoned R5
Parking
- 2 Car Attached Garage
- Parking Storage or Cabinetry
Home Design
- Rambler Architecture
- Brick Exterior Construction
Interior Spaces
- Property has 2 Levels
- Window Treatments
- Family Room
- Living Room
- Combination Kitchen and Dining Room
- Partially Finished Basement
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Dishwasher
Bedrooms and Bathrooms
- 3 Main Level Bedrooms
Utilities
- Central Air
- Heat Pump System
- Vented Exhaust Fan
- Well
- Electric Water Heater
Community Details
- No Home Owners Association
- Clover Hill Subdivision
Listing and Financial Details
- Tax Lot 215
- Assessor Parcel Number 1128547722
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 9, 2023
Closed on
Nov 27, 2023
Sold by
Gibson Peter C
Bought by
Wareing Christopher James and Clarke Genevieve
Seller's Agent
Mr. Matthew Shawn
Coldwell Banker Realty
Buyer's Agent
Tom Greeves
Northrop Realty
List Price
$475,000
Sold Price
$475,000
Views
136
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,210
Avg. Annual Appreciation
2.03%
Original Mortgage
$395,250
Outstanding Balance
$388,851
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$106,359
Purchase Details
Closed on
Jun 1, 2023
Sold by
Hawes Kristen D
Bought by
Gibson Peter C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,431
Interest Rate
6.43%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 19, 2005
Sold by
Lee T Kevin Kristen D
Bought by
Lee Kristen D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 7, 2001
Sold by
Wilson James and Wilson Joan
Bought by
Lee T Kevin Kristen D
Purchase Details
Closed on
Sep 15, 2000
Sold by
Shino Yoshiharu and Shino Kathleen J
Bought by
Wilson James and Wilson Joan
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wareing Christopher James | $465,000 | Rgs Title | |
| Gibson Peter C | $300,000 | None Listed On Document | |
| Lee Kristen D | -- | -- | |
| Lee T Kevin Kristen D | $185,000 | -- | |
| Wilson James | $170,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wareing Christopher James | $395,250 | |
| Previous Owner | Gibson Peter C | $297,431 | |
| Previous Owner | Lee Kristen D | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/28/2023 11/28/23 | Sold | $475,000 | 0.0% | $214 / Sq Ft |
| 11/09/2023 11/09/23 | For Sale | $475,000 | -- | $214 / Sq Ft |
Source: Bright MLS
Tax History Compared to Growth
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 | $4,019 | $345,800 | $109,300 | $236,500 |
| 2024 | $4,019 | $324,600 | $0 | $0 |
| 2023 | $3,612 | $303,400 | $0 | $0 |
| 2022 | $3,395 | $282,200 | $93,300 | $188,900 |
| 2021 | $3,360 | $281,967 | $0 | $0 |
| 2020 | $3,390 | $281,733 | $0 | $0 |
| 2019 | $3,357 | $281,500 | $74,900 | $206,600 |
| 2018 | $3,265 | $278,600 | $0 | $0 |
| 2017 | $3,256 | $281,500 | $0 | $0 |
| 2016 | $3,478 | $272,800 | $0 | $0 |
| 2015 | $3,478 | $272,800 | $0 | $0 |
| 2014 | $3,478 | $272,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mr. Matthew Shawn
-
Tom Greeves
Buyer's Agent in 2023
Tom Greeves
Creig Northrop Team of Long & Foster
(301) 641-0456
1 in this area
30 Total Sales
Map
Source: Bright MLS
MLS Number: MDFR2041908
APN: 28-547722
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