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7202 Rainbow Ln; Frederick, MD Property Details

7202 Rainbow Ln, Frederick, MD is a Single Family that was built in 1986. This property is currently Financed and is not for sale. Our records show that 7202 Rainbow Ln has 3 bedrooms, and 2.5 bathrooms, and a total of 1,658 square feet. The lot size of 7202 Rainbow Ln is 15,507 square feet.

Off market  •   Pre Probate ✓
7202 Rainbow Ln Frederick, MD 21702
$465,000 Listing Price
3 Beds
2.5 Baths
1,658 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1986
  • Purchase Price: $465,000
  • Open Loans / Balance: 1 / $386,522
  • Est. Equity / %: $116,478 / 23.16%
  • Gross Yield: 5.981%
  • APN: 28-547722
  • Situs County: Frederick
  • Length Of Ownership: 2 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Partial Bathrooms: 1

Structure

  • Building Style: Brick
  • Stories: 1
  • Exterior Wall Type: Brick
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Municipal

Measurements

  • Total: 1,658/SqFt
  • Lot: 15,507/SqFt
  • Gross: 2,187/SqFt
  • Garage: 529/SqFt
  • Living: 1,658/SqFt
  • Basement: 550/SqFt
  • Building: 2,187/SqFt
  • Ground: 1,108/SqFt
  • Basement Finished: 550/SqFt
  • Price Per Square Foot: $280.46

Legal Description

  • Description: LOT 215 PLAT 12 SEC 1- 15507 SQ FT CLOVER HILL II
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Frederick County Public Schools
  • Lat / Lon: 39.45997 / -77.4156
  • Subdivision: Clover Hill 02
  • Property Class: Residential
  • Zoning: R5
  • County Use Code: R-B001

Amenities

  • Plus Four: 2979
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Yes
  • Parking: 2

HOA

  • H O A One: $48
  • H O A Amount: $48
  • H O A One Frequency: Monthly
  • H O A One Name: Clover Hill Civic Association Inc
  • H O A One Type: Home Owner Association

Ownership Info

7202 Rainbow Ln has no associated ownership info
7202 Rainbow Ln has no associated ownership info.

Taxes

7202 Rainbow Ln has 9 associated Taxes items

7202 Rainbow Ln, Frederick, MD pays taxes in Frederick County, MD. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $374,567. The APN we've located for 7202 Rainbow Ln is 28-547722.

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Taxes
  • Assessed Value:  $374,567
  • Assessed Year:  2026
  • Assessed County:  Frederick
  • APN:  28-547722
  • Market Land Value:  160700
  • Tax Amount:  4313.69
  • Tax Year:  2025
  • Market Value:  432100
  • Market Year:  2026

Tax History

7202 Rainbow Ln has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $374,567 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $4,313.69 Change Rate +0.073436% Assessed CR Tax Rate
Year 2024 Assessed Value $324,600 Land Value Improvement Value Tax Amount $4,018.58 Change Rate +0.102836% Assessed CR Tax Rate +0.01238%
Year 2023 Assessed Value $303,400 Land Value Improvement Value Tax Amount $3,643.86 Change Rate +0.073179% Assessed CR Tax Rate +0.01201%
Year 2022 Assessed Value $282,200 Land Value $93,300 Improvement Value $188,900 Tax Amount $3,395.39 Change Rate -0.494947% Assessed CR Tax Rate +0.012032%
Year 2021 Assessed Value $281,967 Land Value Improvement Value Tax Amount $6,722.84 Change Rate +1.00081% Assessed CR Tax Rate +0.023843%
Year 2020 Assessed Value $281,733 Land Value Improvement Value Tax Amount $3,360.06 Change Rate +0.000807% Assessed CR Tax Rate +0.011926%
Year 2019 Assessed Value $281,500 Land Value $74,900 Improvement Value $206,600 Tax Amount $3,357.35 Change Rate +0.028225% Assessed CR Tax Rate +0.011927%
Year 2018 Assessed Value $278,600 Land Value Improvement Value Tax Amount $3,265.19 Change Rate -0.010303% Assessed CR Tax Rate +0.01172%
Year 2017 Assessed Value $281,500 Land Value Improvement Value Tax Amount $3,299.18 Change Rate Assessed CR Tax Rate +0.01172%
Year 2016 Assessed Value $272,800 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $272,800 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $272,800 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $3,478.04 Change Rate Assessed CR Tax Rate