See Home Value
$675,000
● House - Off Market

1816 RAINBOW DRIVE

SILVER SPRING, MD 20905
bedrooms
4 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
2,846 Ft²
$3,863
Est. Monthly

About This Property

This spacious and thoughtfully updated home offers the perfect blend of comfort, style, and convenience. The main level features a formal living room, cozy family room with fireplace, elegant dining room, and a modern kitchen with granite countertops, stainless steel appliances, and access to a backyard patio-ideal for entertaining. Hardwood floors run throughout, complemented by a stylish powder room and updated laundry/mudroom with entry to the 2-car garage.

Upstairs, you'll find a generous primary bedroom with walk-in closet, three additional bedrooms, a hall bathroom, and ample storage with linen and medicine closets-all with beautiful hardwood flooring.

The lower level offers flexible living space with a large recreation room, bonus room currently used as a gym and craft room, an updated half bath, and a utility/storage room.

Enjoy peace of mind with recent upgrades including high-efficiency windows, new roof (2020), siding (2021), HVAC (2021), and patio (2020). The fully fenced backyard and additional attic storage in the garage add even more value.

Ideally located near Burtonsville Town Square, Good Hope Community Center, Cloverly shops and restaurants, and major routes including ICC, I-95, and BWI Airport-this home truly has it all!
Unit Size
2,846 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$237
Property Type
House
Property Taxes
$548
HOA Dues
-
Year Built
1973

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Last updated: 11 months ago (Bright MLS #MDMC2204316)

Price History

Date / Event Date Event Price
Dec 1, 2025 Sold
Sold
Oct 22, 2025 In contract -
In contract
Oct 17, 2025 Listed by Long & Foster Real Estate, Inc. $675,000
Listed by Long & Foster Real Estate, Inc.
Aug 31, 2016 Sold
Sold
Sep 16, 2003 Sold
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • 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: 750
  • Garage Type: 1
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,487
  • Total Building Area: 2,096
  • Gross Building Area: 2,096
  • Building Area: 2,096
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 2,846
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 5
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GOOD HOPE ESTATES
  • Land Acres: 0000000401
  • 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: KS22
  • Account Number: 00378535
  • District: 05
  • Parcel: 05-00378535
  • Block: N
  • Lot: 5
  • Latitude: 39.111
  • Longitude: -76.9728

    Address

  • Full Address: 1816 Rainbow Dr
  • Address - House Number: 1816
  • Address - Street Name: Rainbow
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Silver Spring
  • Carrier Code: C010
  • 4-Digit Zip Code: 4214
  • Zip Code: 20905

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $546,522

    Appraisal Valuation

  • Standard Deviation: 0.1497
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 81
  • Final Value: 670,838
  • High Value: 771,320
  • Low Value: 570,356

    Market Valuation

  • Market Total Value: $498,000
  • Market Land Value: $235,600
  • Market Improvement Value: $262,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $498,000
  • Assessed Land Value: $235,600
  • Assessed Improvements Value: $262,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 27, 2016
  • Current Sale Recording Date: Aug 31, 2016
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 16, 2003
  • Previous Sale Amount: $396,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Cloverly


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Frequently Asked Questions

When was property at 1816 Rainbow Drive built and last sold?
The property at 1816 Rainbow Drive was built in 1973 and last sold on Jul 27, 2016 for $463,800.
How much is this home worth?
The estimated value of the home located at 1816 Rainbow Drive is $684,000.
What are some comparable homes to 1816 Rainbow Drive?
There are currently no comparable homes to 1816 Rainbow Drive.

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