NOT LISTED FOR SALE

7208 Rainbow Ln Frederick, MD 21702

Clover Hill Neighborhood

Estimated Value: $535,315 - $581,000

-- Bed
2 Baths
1,904 Sq Ft
$295/Sq Ft Est. Value

About This Home

This home is located at 7208 Rainbow Ln, Frederick, MD 21702 and is currently estimated at $562,579, approximately $295 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
$562,579

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
Outstanding Balance
$193,372
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$369,207

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
Outstanding Balance
$193,372
Interest Rate
6.88%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$369,207

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%
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $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

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 $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

Maryland Frederick County Frederick 21702 Clover Hill

7208 Rainbow Ln, Frederick, MD

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes