NOT LISTED FOR SALE

7207 Rainbow Ln Frederick, MD 21702

Clover Hill Neighborhood

Estimated Value: $394,316 - $515,000

-- Bed
2 Baths
1,392 Sq Ft
$335/Sq Ft Est. Value

About This Home

This home is located at 7207 Rainbow Ln, Frederick, MD 21702 and is currently estimated at $466,579, approximately $335 per square foot. 7207 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 2023
Sold by
Garst Kenneth L
Bought by
Grast Kenneth L and Garst Peggy Sue
Current Estimated Value
$466,579

Purchase Details

Closed on
Feb 23, 1988
Sold by
Garst Denton K and Garst Peggy L
Bought by
Garst Kenneth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
9.92%

Purchase Details

Closed on
Mar 11, 1985
Sold by
Clover Hill Ii Ltd Partnership
Bought by
Garst Denton K and Garst Peggy L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Grast Kenneth L -- None Listed On Document
Grast Kenneth L -- None Listed On Document
Garst Kenneth L $115,000 --
Garst Denton K $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garst Kenneth L $60,000
Source: Public Records

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 $3,822 $353,900 $105,800 $248,100
2024 $3,822 $328,533 $0 $0
2023 $3,519 $303,167 $0 $0
2022 $3,314 $277,800 $90,200 $187,600
2021 $3,297 $277,067 $0 $0
2020 $3,297 $276,333 $0 $0
2019 $3,289 $275,600 $70,400 $205,200
2018 $3,284 $272,733 $0 $0
2017 $3,222 $275,600 $0 $0
2016 $3,036 $267,000 $0 $0
2015 $3,036 $267,000 $0 $0
2014 $3,036 $267,000 $0 $0
Source: Public Records

Map

Maryland Frederick County Frederick 21702 Clover Hill

7207 Rainbow Ln, Frederick, MD

Not Listed for Sale

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