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1187 Rainbow Dr; Silver Spring, MD Property Details

1187 Rainbow Dr, Silver Spring, MD is a Single Family that was built in 2016. This property is currently Financed,New Construction and is not for sale. Our records show that 1187 Rainbow Dr has 5 bedrooms, and 3.5 bathrooms, and a total of 4,032 square feet. The lot size of 1187 Rainbow Dr is 14,367 square feet.

Off market
1187 Rainbow Dr Silver Spring, MD 20905
$611,576 Listing Price
5 Beds
3.5 Baths
4,032 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2016
  • Purchase Price: $611,576
  • Open Loans / Balance: 1 / $799,006
  • Est. Equity / %: $124,994 / 13.53%
  • Gross Yield: 5.444%
  • APN: 05-03749826
  • Situs County: Montgomery
  • Length Of Ownership: 9 years, 8 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Exterior Wall Type: Siding Not (aluminum, vinyl, etc.)
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Composition Shingle

Measurements

  • Total: 4,032/SqFt
  • Lot: 14,367/SqFt
  • Gross: 4,516/SqFt
  • Garage: 484/SqFt
  • Living: 4,032/SqFt
  • Basement: 900/SqFt
  • Building: 4,516/SqFt
  • Ground: 1,576/SqFt
  • Basement Finished: 900/SqFt
  • Price Per Square Foot: $151.68

Legal Description

  • Description: CLOVERLY FOREST
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Montgomery County Public Schools
  • Lat / Lon: 39.108215 / -76.987785
  • Subdivision: Cloverly
  • Property Class: Residential
  • Zoning: RE1
  • County Use Code: 111

Amenities

  • Plus Four: 4125
  • Bathroom Fixtures: 1
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Yes
  • Parking: 2

HOA

  • H O A One: $650
  • H O A Amount: $240
  • H O A One Frequency: Semi-Annual
  • H O A One Type: Planned Unit Development

Ownership Info

1187 Rainbow Dr has no associated ownership info
1187 Rainbow Dr has no associated ownership info.

Taxes

1187 Rainbow Dr has 9 associated Taxes items

1187 Rainbow Dr, Silver Spring, MD pays taxes in Montgomery County, MD. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $715,467. The APN we've located for 1187 Rainbow Dr is 05-03749826.

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Taxes
  • Assessed Value:  $715,467
  • Assessed Year:  2026
  • Assessed County:  Montgomery
  • APN:  05-03749826
  • Market Land Value:  219900
  • Tax Amount:  8774.51
  • Tax Year:  2025
  • Market Value:  757900
  • Market Year:  2026

Tax History

1187 Rainbow Dr has 11 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $757,900 Land Value $219,900 Improvement Value $538,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $8,774.51 Change Rate +0.070261% Assessed CR Tax Rate
Year 2024 Assessed Value $673,033 Land Value Improvement Value Tax Amount $8,198.48 Change Rate +0.066416% Assessed CR Tax Rate +0.012181%
Year 2023 Assessed Value $630,600 Land Value $219,900 Improvement Value $410,700 Tax Amount $7,687.88 Change Rate +0.052879% Assessed CR Tax Rate +0.012191%
Year 2022 Assessed Value $624,500 Land Value Improvement Value Tax Amount $7,301.77 Change Rate -0.491432% Assessed CR Tax Rate +0.011692%
Year 2021 Assessed Value $618,400 Land Value Improvement Value Tax Amount $14,357.52 Change Rate Assessed CR Tax Rate +0.023217%
Year 2020 Assessed Value $612,300 Land Value $219,900 Improvement Value $392,400 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $612,300 Land Value $219,900 Improvement Value $392,400 Tax Amount $14,143.42 Change Rate +1.09096% Assessed CR Tax Rate +0.023099%
Year 2018 Assessed Value $612,300 Land Value $219,900 Improvement Value $392,400 Tax Amount $6,764.08 Change Rate -0.071966% Assessed CR Tax Rate +0.011047%
Year 2017 Assessed Value $642,600 Land Value Improvement Value Tax Amount $7,288.61 Change Rate Assessed CR Tax Rate +0.011342%
Year 2016 Assessed Value $219,900 Land Value Improvement Value Tax Amount Change Rate Assessed CR Tax Rate