When was property at 1600 Rainbow Drive built and last sold?

The property at 1600 Rainbow Drive was built in 1971 and last sold on Nov 12, 2020 for $341,000.

How much is this home worth?

The estimated value of the home located at 1600 Rainbow Drive is $0.

What are some comparable homes to 1600 Rainbow Drive?

There are currently no comparable homes to 1600 Rainbow Drive.

Cloverly

20905

Cloverly

1600 RAINBOW DRIVE

Sold on May 11, 2026

Map

$625,000

● House - Off Market

1600 RAINBOW DRIVE

SILVER SPRING, MD 20905

5 Beds

3 Baths

2,487 Ft²

$3,589

Est. Monthly

About This Property

Welcome to this spacious Dutch Colonial/Raised Rambler offering flexible, multi-level living and a bright, open layout.

Step through the front door into an inviting open-concept main living area that flows seamlessly into the kitchen-perfect for everyday living and entertaining. The first level includes a bedroom, full bathroom, kitchen, living room, and laundry room, providing everything you need on one level for convenience and functionality. Just beyond the kitchen, you'll find easy access to the backyard.

This home features a smart bedroom and bath layout across multiple levels. The upper level includes 2 bedrooms and 1 full bath, while the first level offers 3 additional bedrooms and 2 full baths-ideal for guests, larger households, or multigenerational living. The lower level adds even more versatility with two bonus rooms that can be used as a den, home offices, hobby spaces, along with ample storage.

Enjoy the large rear yard, ready for gatherings, play, gardening, or simply relaxing.

Unit Size

2,487 Ft²

Days on Market

Land Size

0.30 acres

Price per sqft

$251

Property Type

House

Property Taxes

$520

HOA Dues

Year Built

1971

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Last updated: 5 months ago (Bright MLS #MDMC2217922)

Price History

Date / Event	Date	Event
May 11, 2026	Sold	Premium
Sold
Apr 15, 2026	In contract	-
In contract
Mar 9, 2026	Price Decreased	$625,000 ↓ $75K (10.7%)
Price Decreased
Feb 20, 2026	Listed by Samson Properties	$700,000
Listed by Samson Properties
Dec 17, 2020	Sold	Premium
Sold
Sep 23, 1998	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1971

Effective Year Built: 1971
Bedroom Count: 0
Bathroom Count: 3
Full Bathrooms: 3
Partial Bathrooms: 3
Building Condition: 6
Building Quality: 9
Construction Type: 6
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 3
Floor Count: 200
Living Units: 1
Floor Cover: 0
Basement Type: 3
Basement Area: 270
Garage Type: 1
Garage Square Area: 252
Parking Space Count: 1
Patio Type: 20
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 13,085

Total Building Area: 2,217
Gross Building Area: 2,217
Building Area: 2,217
Building Area Measurement: T

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 13
Heating: 4
Heated Square Feet: 2,487
Heating Fuel Type: 0

Utilities

Sewer System: 5

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: GOOD HOPE ESTATES
Land Acres: 0000000300
Standard Land Use Code: 1001
County Land Use Code: R-C001
Legal Description 1: GOOD HOPE ESTATES

Neighborhood

School District Name: Montgomery County Public Schools

Census Tract: 701408

Zoning

Zoning: RE1

Geography

Assessors Map Reference: KS12

Account Number: 00378147
District: 05
Parcel: 05-00378147
Block: K
Lot: 2
Latitude: 39.1108
Longitude: -76.9787

Address

Full Address: 1600 Rainbow Dr

Address - House Number: 1600
Address - Street Name: Rainbow
Address - Suffix Type: Dr
State: MD
City Name: Silver Spring
Carrier Code: C010
4-Digit Zip Code: 4143
Zip Code: 20905

Valuation

Tax

Tax Year: 2023

Tax Amount: $547,512

Appraisal Valuation

Standard Deviation: 0.1557

Valuation Date: Jan 17, 2024
Confidence Score: 80
Final Value: 572,724
High Value: 661,948
Low Value: 483,500

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $438,800

Market Land Value: $224,100
Market Improvement Value: $214,700

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $438,800
Assessed Land Value: $224,100
Assessed Improvements Value: $214,700

Sales

Current Sale Contract Date: Nov 12, 2020

Current Sale Recording Date: Dec 17, 2020
Current Sale Price:

Premium
Current Sale Document Type: 49
Previous Sale Recording Date: Sep 23, 1998
Previous Sale Amount: $182,500
Previous Sale Document Type: 27

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Cloverly

Stats & Trends

Median Asking:

$684,500

Sale Price/ft²

$254

Below Asking

0.01%

Average Days on Market

Average Home Size

2633 ft²

Average Home Age

49.9 years

Currently For Sale

17 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2512 Locustwood Place, SILVER SPRING, MD, 20905

$3,850 /mo

5 Beds
2 Baths
3,449 ft²

2512 Locustwood Place, SILVER SPRING, MD, 20905 Listing by David M Wagner

Unit for rent at 14931 Windmill Terrace, SILVER SPRING, MD, 20905

$3,500 /mo

4 Beds
3 Baths
1,872 ft²

14931 Windmill Terrace, SILVER SPRING, MD, 20905 Listing by Ineke M Mustamarhadi

Unit for rent at 2939 Shepperton Terrace, SILVER SPRING, MD, 20904

$2,300 /mo

3 Beds
1 Bath
972 ft²

2939 Shepperton Terrace, SILVER SPRING, MD, 20904 Listing by Quincy C Charles

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: NWABUEZE KENNETH OKWODU
Samson Properties
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# MDMC2217922

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