$629,800
- 4 Beds
- 3.5 Baths
- 2,596 sqft (on 0.34 acres)
1508 Rainbow Dr, Silver Spring, MD 20905
Est. Refi. Payment $3,954/mo*
Refinance Your HomeCurrently Off Market - Sold Dec 22, 2016 for $420,000
Home Value
Trulia Estimate
$630KSince last month
Increased$400 (+0.1%)Since last year
Increased$400 (+0.1%)Since last sale
Increased$210K (+50%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +45% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $630K |
| August 2026 | $629K |
| July 2026 | $632K |
| June 2026 | $646K |
| May 2026 | $646K |
| April 2026 | $645K |
| March 2026 | $643K |
| February 2026 | $630K |
| January 2026 | $621K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.08 | Single-Family Home | $625,000 | 05/11/26 | 5 | 3 | 2,487 | |
0.13 | Single-Family Home | $650,000 | 10/02/25 | 4 | 2.5 | 2,421 | |
0.29 | Single-Family Home | $700,000 | 07/30/26 | 4 | 3 | 2,325 | |
0.29 | Single-Family Home | $725,000 | 05/13/26 | 4 | 3.5 | 2,824 | |
0.21 | Single-Family Home | $600,000 | 10/21/25 | 4 | 3 | 1,450 | |
0.20 | Single-Family Home | $580,000 | 07/24/26 | 5 | 3 | 2,056 | |
0.34 | Single-Family Home | $660,000 | 01/09/26 | 4 | 2.5 | 3,136 | |
0.27 | Single-Family Home | $573,900 | 10/27/25 | 4 | 3 | 1,664 | |
0.39 | Single-Family Home | $675,000 | 12/01/25 | 4 | 3 | 2,846 | |
0.37 | Single-Family Home | $680,000 | 08/31/26 | 4 | 3 | 2,016 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.06 | $746,000 | 4 | 3.5 | 3,160 | Off Market | |
0.08 | $625,000 | 5 | 3 | 2,487 | Recently Sold | |
0.10 | $733,600 | 4 | 3 | 3,198 | Off Market | |
0.10 | $756,700 | 4 | 3 | 3,700 | Off Market | |
0.13 | $1,171,600 | 6 | 3.5 | 4,259 | Off Market | |
0.13 | $656,600 | 4 | 2.5 | 2,421 | Off Market | |
0.18 | $555,300 | 4 | 3 | 2,322 | Off Market | |
0.21 | $659,900 | 4 | 2.5 | 2,096 | Off Market | |
0.20 | $708,700 | 4 | 3 | 2,596 | Off Market | |
0.21 | $606,200 | 4 | 3 | 1,450 | Off Market | |
0.20 | $580,000 | 5 | 3 | 2,056 | Recently Sold | |
0.27 | $579,900 | 4 | 3 | 1,664 | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1972
0.34 acre lot
2,596 sqft
$243/sqft
About this House
Over 2,600 sq. ft. of living space, 3 bedrooms (large master suite), 3.5 baths over half an acre. Some new carpet, beautiful renovated expanded kitchen, huge dining room, large family room with fireplace and another 400 sq. ft. addition beyond that. This could be a second master suite? Enjoy at least 3 seasons on the rear patio with a pergola and a fire pit. Lots of privacy and close to nature. Hurry.
1508 Rainbow Dr, Silver Spring, MD 20905 is a 4 bedroom, 4 bathroom, 2,596 sqft single-family home built in 1972. It last sold for $420,000 on Dec 22, 2016. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $629,800, with a rent estimate of $3,644/month.
Home Details for 1508 Rainbow Dr
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Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 2Floors: Tile, Carpet, Hardwood |
Interior Details Types of Rooms: Walk In Closet, Dining Room, Family Room, Laundry Room, Master Bath, Sun RoomCeiling Fan |
Appliances & Utilities Cable ReadyDishwasherDisposalDryerRefrigeratorWasher |
Fireplace & Spa FireplaceJetted Bath Tub |
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Exterior Home Features Roof: CompositionExterior: Vinyl, BrickGardenLawnPatio |
Parking & Garage Parking: Off Street, On Street |
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Year Built Year Built: 1972Year Updated: 2010 |
Property Type / Style Property Type: Single Family HomeArchitecture: Conventional |
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Units in Building: 1 |
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Lot Area: 0.34 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Dec 22, 2016 Source: N/A | Sold | $420,000 |
Sep 30, 2016 Source: N/A | Sold | $420,000 |
Dec 11, 2010 Source: Agent Provided | ListingRemoved | $299,900 |
Oct 21, 2010 Source: Agent Provided | Pending | $299,900 |
Oct 1, 2010 Source: Agent Provided | PriceChange | $299,900 Price decreased by 3% |
Sep 2, 2010 Source: Agent Provided | PriceChange | $310,000 Price decreased by 11% |
Jun 26, 2010 Source: Agent Provided | PriceChange | $349,900 Price increased by 0% |
Jun 19, 2010 Source: Agent Provided | Listed For Sale | $0 |
Mar 2, 2010 Source: N/A | Sold | $360,000 |
Feb 14, 2010 Source: Agent Provided | Listed For Sale | $0 |
Mar 19, 2002 Source: N/A | Sold | $227,000 |
Mar 13, 2001 Source: N/A | Sold | $195,800 |
Sep 14, 1993 Source: N/A | Sold | $185,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $6,490 | $517,333 |
Home facts updated by county records
Market trends in Silver Spring
Last updated August 2026
Avg. sale price
$546K
$12.17KMoM
Sale-to-List Price
100.0%
Price per sq ft
$278
$2MoM
Available listings
662
27MoM
Around this home
What Locals Say about Silver Spring
At least 1483 Trulia users voted on each feature.
87 % Say it's dog friendly
78 % Say there are sidewalks
71 % Say parking is easy
68 % Say car is needed
68 % Say kids play outside
67 % Say yards are well-kept
67 % Say streets are well-lit
67 % Say it's walkable to grocery stores
65 % Say there's holiday spirit
63 % Say people would walk alone at night
60 % Say it's quiet
58 % Say it's walkable to restaurants
57 % Say there's wildlife
55 % Say they plan to stay for at least 5 years
51 % Say neighbors are friendly
37 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 1508 Rainbow Dr
- What is 1508 Rainbow Dr estimated to be worth?Trulia's estimated value for 1508 Rainbow Dr in Silver Spring, MD is $629,800.
- What is the price history for 1508 Rainbow Dr?1508 Rainbow Dr in Silver Spring, MD last sold for $420,000 in December 2016.
- Is Silver Spring a buyer's or seller's market?Silver Spring is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Silver Spring?The median sale price in Silver Spring is $546K. That is up $12.17K from the prior month.
- Does 1508 Rainbow Dr have air conditioning?Yes, 1508 Rainbow Dr in Silver Spring, MD has air conditioning.
- Does 1508 Rainbow Dr have laundry facilities?Yes, 1508 Rainbow Dr in Silver Spring, MD has in-unit laundry.

