1508 Rainbow Dr
Silver Spring, MD 20905
- 4 Beds
- 3.5 Baths
- 2,596 sqft (on 0.34 acres)
4 Beds
3.5 Baths
2,596 sqft
(on 0.34 acres)
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1972
Lot Size
0.34 acres
Living Area
2,596 sqft
Price/Sqft
$244
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. It is currently off market. The Trulia Estimate is $633,200, with a rent estimate of $3,721/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 History for 1508 Rainbow Dr
| Date | Price | Event | Source |
|---|---|---|---|
| 12/22/2016 | $420,000 | Sold | N/A |
| 09/30/2016 | $420,000 | Sold | N/A |
| 12/11/2010 | $299,900 | ListingRemoved | Agent Provided |
| 10/21/2010 | $299,900 | Pending | Agent Provided |
| 10/01/2010 | $299,900 | PriceChange | Agent Provided |
| 09/02/2010 | $310,000 | PriceChange | Agent Provided |
| 06/26/2010 | $349,900 | PriceChange | Agent Provided |
| 06/19/2010 | $0 | Listed For Sale | Agent Provided |
| 03/02/2010 | $360,000 | Sold | N/A |
| 02/14/2010 | $0 | Listed For Sale | Agent Provided |
| 03/19/2002 | $227,000 | Sold | N/A |
| 03/13/2001 | $195,800 | Sold | N/A |
| 09/14/1993 | $185,000 | Sold | N/A |
Market trends in Silver Spring
Last updated June 2026
Avg. sale price
$526K
$30.33KMoM
Sale-to-List Price
100.0%
Price per sq ft
$277
$2MoM
Available listings
717
1MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $6,490 |
| Assessment | $517,333 |
Home facts updated by county records
Comparable Sales for 1508 Rainbow Dr
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 | |
0.18 | Single-Family Home | $549,900 | 09/26/25 | 4 | 3 | 2,322 | |
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 | |
0.37 | Single-Family Home | $380,000 | 05/04/26 | 4 | 3 | 2,016 | |
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 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1508 Rainbow Dr.
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.
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Apartments for Rent
Homes for sale near 1508 Rainbow Dr
Off Market Homes Near 1508 Rainbow Dr
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 $633,200.
- 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 $526K. That is up $30.33K 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.

