7208 Rainbow Ln Frederick, MD 21702
Clover Hill NeighborhoodEstimated Value: $501,000 - $578,000
--
Bed
2
Baths
1,904
Sq Ft
$284/Sq Ft
Est. Value
About This Home
This home is located at 7208 Rainbow Ln, Frederick, MD 21702 and is currently estimated at $540,750, approximately $284 per square foot. 7208 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 15, 2006
Sold by
Ginn Harold
Bought by
Ross Norman K and Ross Melissa D
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 3, 2006
Sold by
Ginn Harold
Bought by
Ross Norman K and Ross Melissa D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 27, 2004
Sold by
Thompson John M and Thompson Catherine A
Bought by
Ginn Harold
Purchase Details
Closed on
Oct 20, 2000
Sold by
Gianniny Sandra L
Bought by
Thompson John M and Thompson Catherine A
Purchase Details
Closed on
Jun 30, 1998
Sold by
Lowrey Robert L and Lowrey Patricia M
Bought by
Glanniny Sandra L and Mcaleer John J
Purchase Details
Closed on
Nov 2, 1994
Sold by
Roderick By Pr M H
Bought by
Lowrey Robert L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
8.71%
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 |
---|---|---|---|
Ross Norman K | $424,990 | -- | |
Ross Norman K | $424,990 | -- | |
Ginn Harold | $307,000 | -- | |
Thompson John M | $195,000 | -- | |
Glanniny Sandra L | $185,000 | -- | |
Lowrey Robert L | $176,000 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Ross Norman K | $253,000 | |
Closed | Ross Norman K | $297,448 | |
Closed | Ross Norman K | $320,000 | |
Closed | Ross Norman K | $320,000 | |
Previous Owner | Lowrey Robert L | $110,000 | |
Closed | Glanniny Sandra L | -- |
Source: Public Records
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 | $4,955 | $447,100 | $105,600 | $341,500 |
2024 | $4,955 | $419,067 | $0 | $0 |
2023 | $4,566 | $391,033 | $0 | $0 |
2022 | $4,342 | $363,000 | $90,100 | $272,900 |
2021 | $3,064 | $363,000 | $90,100 | $272,900 |
2020 | $4,342 | $363,000 | $90,100 | $272,900 |
2019 | $4,371 | $368,800 | $70,100 | $298,700 |
2018 | $4,274 | $364,633 | $0 | $0 |
2017 | $4,226 | $368,800 | $0 | $0 |
2016 | $4,157 | $356,300 | $0 | $0 |
2015 | $4,157 | $356,300 | $0 | $0 |
2014 | $4,157 | $356,300 | $0 | $0 |
Source: Public Records
Map
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