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23205 Rainbow Arch Drive

23205 Rainbow Arch Drive, Clarksburg, MD 20871
Property in Clarksburg
Sold Sep 20, 2021
$582,500
$553,375 by Prosperity Home Mortgage Llc
Mortgage Due Sep 01, 2051
Sold May 13, 2008
$469,000
$408,030 by American Bank
Mortgage Due May 01, 2038
23205 Rainbow Arch Drive has been categorized by the local assessors in Clarksburg, MD as a residential type of property. The building on the property was first built in 2007 and is 17 years old. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 23205 Rainbow Arch Drive has 2,728 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 880 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 2,123 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 400 sqft. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of composition shingle. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Aug 23, 2021 for $582,500. That's $315.21 per sqft. Prior to that sales transaction, the property was also sold in May 5, 2008 for $469,000. 23205 Rainbow Arch Drive was last assessed in 2023. The total value of the property was assessed at $498,700. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,473. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Stone Exterior
Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Townhouse
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Finished improved basement
  • Basement Area: 880
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,123
  • Total Building Area: 1,848
  • Gross Building Area: 1,848
  • Building Area: 1,848
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,728
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLAGE CLARKSBURG
  • Land Acres: 0.049
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: CLARKSBURG VILLAGE

Ownership

  • Current Owner : LUBAO PAUL T
  • Current Owner 2: LUBAO MARY GRACE
  • Previous Owner : FRANK RODNEY
  • Previous Owner 2: FRANK RODNEY TERRELL
  • Owner Before Previous Owner: CLARKSBURG VILLAGE LC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Montgomery County Public Schools
  • Census Tract: 700315

Zoning

  • Zoning: R200

Geography

  • Assessors Map Reference: EW51
  • Account Number: 03521736
  • District: 02
  • Parcel: 02-03521736
  • Block: M
  • Lot: 60
  • Latitude: 39.2375
  • Longitude: -77.2632

    Address

  • Full Address: 23205 Rainbow Arch Dr
  • Address - House Number: 23205
  • Address - Street Name: Rainbow Arch
  • Address - Suffix Type: Dr
  • State: MD
  • City Name: Clarksburg
  • Carrier Code: R007
  • 4-Digit Zip Code: 4479
  • Zip Code: 20871

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,473

    Appraisal Valuation

  • Standard Deviation: 0.1464
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 82
  • Final Value: 642,000
  • High Value: 736,039
  • Low Value: 547,961

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $553,375
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 20, 2021
  • First Open Lien Mortgage Loan Amount: $553,375
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $509,600
  • Market Land Value: $150,000
  • Market Improvement Value: $359,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $498,700

    Sales

  • Current Sale Contract Date: Aug 23, 2021
  • Current Sale Recording Date: Sep 20, 2021
  • Current Sale Transaction ID: 11857156448
  • Current Sale Price: $582,500
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: May 13, 2008
  • Previous Sale Contract Date: May 05, 2008
  • Previous Sale Amount: $469,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Sep 20, 2021
  • First Mortgage Loan Amount: $553,375
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAN BANK
  • Previous Mortgage Transaction Date: May 13, 2008
  • Previous Mortgage Loan Amount: $408,030
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 01, 2038

About Clarksburg



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Frequently Asked Questions

What neighborhood is 23205 Rainbow Arch Drive located in?
The 23205 Rainbow Arch Drive is a located in the neighborhood of Clarksburg in Clarksburg, Clarksburg.
What is the average sales price for listings in 23205 Rainbow Arch Drive?
The average sales price for units in 23205 Rainbow Arch Drive is $0 currently.

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