$563,400
- 3 Beds
- 2 Baths
- 1,784 sqft (on 0.38 acres)
1509 Rainbow Dr, Silver Spring, MD 20905
Est. Refi. Payment $3,376/mo*
Refinance Your HomeCurrently Off Market - Sold Sep 29, 2022 for $492,000
Home Value
Trulia Estimate
$563KSince last month
Increased$2K (+0.4%)Since last year
Increased$6K (+1.1%)Since last sale
Increased$72K (+14.5%)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 +55% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $564K |
| July 2026 | $562K |
| June 2026 | $575K |
| May 2026 | $575K |
| April 2026 | $575K |
| March 2026 | $574K |
| February 2026 | $565K |
| January 2026 | $556K |
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 |
|---|---|---|---|---|---|---|---|
0.34 | Single-Family Home | $514,800 | 05/06/26 | 3 | 2 | 1,298 | |
0.16 | Single-Family Home | $600,000 | 10/21/25 | 4 | 3 | 1,450 | |
0.14 | Single-Family Home | $549,900 | 09/26/25 | 4 | 3 | 2,322 | |
0.08 | Single-Family Home | $625,000 | 05/11/26 | 5 | 3 | 2,487 | |
0.28 | Single-Family Home | $573,900 | 10/27/25 | 4 | 3 | 1,664 | |
0.25 | Single-Family Home | $700,000 | 07/30/26 | 4 | 3 | 2,325 | |
0.20 | Single-Family Home | $580,000 | 07/24/26 | 5 | 3 | 2,056 | |
0.18 | Single-Family Home | $650,000 | 10/02/25 | 4 | 2.5 | 2,421 | |
0.33 | Single-Family Home | $380,000 | 05/04/26 | 4 | 3 | 2,016 | |
0.62 | Single-Family Home | $580,000 | 10/24/25 | 3 | 2 | 2,144 |
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 |
|---|---|---|---|---|---|---|
0.08 | $625,000 | 5 | 3 | 2,487 | Recently Sold | |
0.10 | $1,160,000 | 6 | 3.5 | 4,259 | Off Market | |
0.10 | $751,400 | 4 | 3.5 | 3,160 | Off Market | |
0.14 | - | 4 | 3 | 2,322 | Off Market | |
0.16 | $708,700 | 4 | 3 | 2,596 | Off Market | |
0.16 | $603,100 | 4 | 3 | 1,450 | Off Market | |
0.14 | $720,500 | 4 | 3 | 3,198 | Off Market | |
0.14 | $761,800 | 4 | 3 | 3,700 | Off Market | |
0.20 | $660,700 | 4 | 2.5 | 2,096 | Off Market | |
0.18 | - | 4 | 2.5 | 2,421 | Off Market | |
0.20 | $580,000 | 5 | 3 | 2,056 | Recently Sold | |
0.24 | $725,000 | 4 | 3.5 | 2,824 | Recently Sold |
Local Information
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Home Highlights
Property Type
Single-Family Home
Year Built
1972
Lot Size
0.38 acres
Living Area
1,784 sqft
Price/Sqft
$316
Parking
Garage
About this House
This single-family home is located at 1509 Rainbow Dr, Silver Spring, MD. 1509 Rainbow Dr is in Silver Spring, MD and in ZIP code 20905. This property has 3 bedrooms, 2 bathrooms and approximately 1,784 sqft of floor space. This property has a lot size of 0.38 acres and was built in 1972.
1509 Rainbow Dr, Silver Spring, MD 20905 is a 3 bedroom, 2 bathroom, 1,784 sqft single-family home built in 1972. It last sold for $492,000 on Sep 29, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $563,400, with a rent estimate of $3,042/month.
Home Details for 1509 Rainbow Dr
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Interior Details BasementAtticTypes of Rooms: Dining Room, Family Room, Laundry Room, Office, Recreation RoomCeiling Fan |
Heating & Cooling Heating: Forced Air, Gas, Wood PelletAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 2Floors: Tile, Laminate, Slate |
Appliances & Utilities Cable ReadyDishwasherDisposalDryerRefrigeratorWasher |
Fireplace & Spa Fireplace |
Windows, Doors, Floors & Walls Double Paned Windows |
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Exterior Home Features Roof: OtherDeckExterior: Stucco, Wood, BrickGardenLawnPatioPorch |
Parking & Garage GarageParking: Garage Attached, Off Street, On Street |
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Year Built Year Built: 1972 |
Property Type / Style Property Type: Single Family HomeArchitecture: Split-level |
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Units in Building: 1 |
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Lot Area: 0.38 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 29, 2022 Source: Bright MLS #MDMC2062492 | Sold | $492,000 |
Aug 30, 2022 Source: Bright MLS #MDMC2062492 | Pending | $489,900 |
Aug 25, 2022 Source: Bright MLS #MDMC2062492 | PriceChange | $489,900 Price decreased by 2% |
Aug 3, 2022 Source: Bright MLS #MDMC2062492 | Listed For Sale | $499,900 |
Sep 30, 2016 Source: N/A | Sold | $368,000 |
Jul 31, 2016 Source: Agent Provided | Pending | $364,900 |
Jul 18, 2016 Source: Agent Provided | PriceChange | $364,900 Price decreased by 3% |
Jun 15, 2016 Source: Agent Provided | PriceChange | $374,500 Price decreased by 3% |
Jun 7, 2016 Source: Agent Provided | PriceChange | $384,900 Price decreased by 4% |
May 21, 2016 Source: Agent Provided | Listed For Sale | $399,000 |
Nov 1, 2012 Source: N/A | Sold | $315,000 |
Sep 8, 2012 Source: Agent Provided | PriceChange | $299,900 Price decreased by 14% |
Jul 18, 2012 Source: Agent Provided | Listed For Sale | $349,900 |
Sep 11, 1998 Source: N/A | Sold | $166,250 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $5,053 | $452,600 |
Home facts updated by county records
Market trends in Silver Spring
Last updated July 2026
Avg. sale price
$535K
$9.98KMoM
Sale-to-List Price
100.0%
Price per sq ft
$276
$1MoM
Available listings
685
33MoM
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 1509 Rainbow Dr
- What is 1509 Rainbow Dr estimated to be worth?Trulia's estimated value for 1509 Rainbow Dr in Silver Spring, MD is $563,400.
- What is the price history for 1509 Rainbow Dr?1509 Rainbow Dr in Silver Spring, MD last sold for $492,000 in September 2022.
- 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 $535K. That is up $9.98K from the prior month.
- Does 1509 Rainbow Dr have air conditioning?Yes, 1509 Rainbow Dr in Silver Spring, MD has air conditioning.
- Does 1509 Rainbow Dr have laundry facilities?Yes, 1509 Rainbow Dr in Silver Spring, MD has in-unit laundry.

