It’s fair to say, Your Search is OVER. 1601 Rainbow Drive is the answer to your prayers and presents the character you’ve been waiting for. This stunning Move-In Ready Colonial rests on a larger manicured corner lot, with a bright and inviting floor plan providing a flow conducive to comfortable living and entertaining - spanned across well over 3,000 square feet. Make Yourself At-Home with the Main Level where you’ll find the Living and Dining Rooms, A Powder Room, a Family Room with Wood-Like Luxury Laminate Flooring and a Brick Fireplace, and finally an Eat-In Kitchen with Italian granite counters and views leading to a gorgeous New Deck and Rear Yard. The Upper Level offers Four generously proportioned Bedrooms and 2 Full Bathrooms (Both with Jet-Tubs). The Owner’s suite includes an Ensuite Luxury Soaking Jet tub, Large Walk-In Closet, granite countertops vanity, and a separate shower. Enjoy more recreational and living space in the large, fully finished basement with a Full Bathroom and Wet Bar. This home presents such charm and is nestled in Good Hope Estates community where there is a newly built Neighborhood Recreation Center with sports, fitness, and social activities and the Spencerville Local Park where there are endless outdoor activities offered to enjoy – all within walking distance. Other key features include an attached, two-car garage accessible via mudroom, homes interior freshly repainted, New Hot water heater installed, Recently Serviced 2-Zoned HVAC System, a New Roof and an expansive driveway. And More Great News – NO HOA! Location couldn’t be more convenient as its minutes away from MD-650, MD-108, MD-198, 495, US-29, the 200-ICC, and Public Transportation. Also, close proximity to FDA, Shopping, Parks, Restaurants, and Many Other Amenities. Offers Deadline is SUNDAY April 16, 2023 8:30PM
Sold for $640,000 on 05/03/23
$640,000
1601 Rainbow Dr, Silver Spring, MD 20905
4beds
2,096sqft
Single Family Residence
Built in 1974
0.3 Acres Lot
$672,800 Zestimate®
$305/sqft
$3,694 Estimated rent
Home value
$672,800
$639,000 - $706,000
$3,694/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: May 03, 2023 at 09:06am
Listed by:
Kim Rice 301-455-4176,
TTR Sotheby's International Realty
Bought with:
Endeg Abebe, SP200204939
Long & Foster Real Estate, Inc.
Source: Bright MLS,MLS#: MDMC2088120
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 1
Basement
- Area: 1040
Heating
- Forced Air, Other, Oil
Cooling
- Central Air, Electric
Appliances
- Included: Microwave, Water Heater, Washer, Cooktop, Refrigerator, Oven/Range - Electric, Disposal, Dishwasher, Dryer, Exhaust Fan, Extra Refrigerator/Freezer, Freezer, Ice Maker
- Laundry: Has Laundry, Main Level, Washer In Unit
Features
- Bar, Breakfast Area, Built-in Features, Ceiling Fan(s), Dining Area, Family Room Off Kitchen, Floor Plan - Traditional, Eat-in Kitchen, Soaking Tub, Kitchen - Gourmet, Recessed Lighting, Walk-In Closet(s)
- Flooring: Hardwood, Heavy Duty, Laminate, Luxury Vinyl, Other, Wood
- Doors: French Doors
- Basement: Connecting Stairway,Other
- Number of fireplaces: 1
- Fireplace features: Brick, Screen, Other
Interior area
- Total structure area: 3,136
- Total interior livable area: 2,096 sqft
- Finished area above ground: 2,096
- Finished area below ground: 0
Property
Parking
- Total spaces: 8
- Parking features: Storage, Garage Faces Side, Garage Door Opener, Inside Entrance, Oversized, Concrete, Paved, Private, Attached, Driveway
- Attached garage spaces: 2
- Uncovered spaces: 6
Accessibility
- Accessibility features: None
Features
- Levels: Three
- Stories: 3
- Patio & porch: Deck
- Exterior features: Sidewalks, Street Lights, Other
- Pool features: None
- Spa features: Bath
Lot
- Size: 0.30 Acres
- Features: Corner Lot/Unit
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 160500378001
- Zoning: RE1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Frame
- Foundation: Concrete Perimeter, Other
- Roof: Shingle
Condition
- Very Good,Excellent
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Silver Spring
- Subdivision: Good Hope Estates
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional,FHA,VA Loan,Other,Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 5/3/2023 | Sold | $640,000+8.5%$305/sqft |
Source:  Bright MLS #MDMC2088120 | ||
| 4/17/2023 | Pending sale | $589,900$281/sqft |
Source: Bright MLS #MDMC2088120 | ||
| 4/12/2023 | Listed for sale | $589,900-9.2%$281/sqft |
Source: Bright MLS #MDMC2088120 | ||
| 1/5/2023 | Listing removed | $649,900$310/sqft |
Source: Bright MLS #MDMC2066964 | ||
| 12/27/2022 | Pending sale | $649,900$310/sqft |
Source: Bright MLS #MDMC2066964 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,938 +21.1% | $556,267 +11.7% |
| 2024 | $5,731 +13.2% | $497,833 +13.3% |
| 2023 | $5,063 +5.3% | $439,400 +0.9% |
Find assessor info on the county website
Neighborhood: 20905
Nearby schools
GreatSchools rating
- 5/10Cloverly Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 5/10Briggs Chaney Middle SchoolGrades: 6-8Distance: 0.4 mi
- 5/10Paint Branch High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- District: Montgomery County Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$672,800
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