7218 Rainbow Ln
Frederick, MD 21702
- 3 Beds
- 2.5 Baths
- 2,000 sqft (on 0.38 acres)
3 Beds
2.5 Baths
2,000 sqft
(on 0.38 acres)
Local Information
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Description
**Now Back on Market! Buyer financing fell through!** Adorable Ausherman-built home on .38 acres with a two-car garage - this is a storybook setting at its best! Come see this bright three-bedroom two-and-a-half-bath home resting on a quiet cul-de-sac in highly coveted Clover Hill. You'll love the all upgrades including; quartz countertops, stainless steel appliances, french doors, quality ceramic tile, and plank flooring flowing throughout the main level. This home offers more than you think - Fresh paint throughout, a new architectural roof, new waterproofing system with 2nd sump pump on the lower level! New carpet on upper and lower levels, Updated landscaping throughout a large backyard with plenty of room to enjoy. The patio area is perfect for summer evening barbeques with the family. Home is minutes to major commuter routes, shopping, dining, downtown Frederick and the Clover Hill community park...there's almost too many good things to say about this location. Don't forget, no city taxes!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources.
Home Highlights
Parking
Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
No Info
Home Details for 7218 Rainbow Ln
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Interior Details BasementTypes of Rooms: Family Room |
Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 2Floors: Tile, Carpet, Laminate |
Appliances & Utilities DishwasherDryerMicrowaveRefrigeratorWasher |
Fireplace & Spa Fireplace |
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Exterior Home Features Roof: OtherExterior: Stone, Wood, Brick |
Parking & Garage GarageParking: Garage Attached |
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Year Built Year Built: 1983 |
Property Type / Style Property Type: Single Family HomeArchitecture: Conventional |
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Units in Building: 1 |
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Lot Area: 0.38 acres |
Price History for 7218 Rainbow Ln
| Date | Price | Event | Source |
|---|---|---|---|
| 07/11/2022 | $440,000 | Sold | Bright MLS #MDFR2015766 |
| 06/12/2022 | $459,500 | Pending | Bright MLS #MDFR2015766 |
| 05/30/2022 | $459,500 | PriceChange | Bright MLS #MDFR2015766 |
| 04/28/2022 | $469,500 | PendingToActive | Bright MLS #MDFR2015766 |
| 04/03/2022 | $469,500 | Pending | Bright MLS #MDFR2015766 |
| 04/01/2022 | $469,500 | Listed For Sale | Bright MLS #MDFR2015766 |
| 09/15/2015 | $310,800 | Sold | N/A |
| 08/11/2015 | $314,900 | Pending | Agent Provided |
| 08/05/2015 | $314,900 | PriceChange | Agent Provided |
| 07/18/2015 | $319,900 | PriceChange | Agent Provided |
| 06/09/2015 | $324,900 | Pending | Agent Provided |
| 05/26/2015 | $324,900 | PriceChange | Agent Provided |
| 05/07/2015 | $335,000 | Listed For Sale | Agent Provided |
| 02/27/2013 | $224,900 | Sold | N/A |
| 01/04/2013 | $224,900 | PriceChange | Agent Provided |
| 12/15/2012 | $242,900 | Listed For Sale | Agent Provided |
| 08/14/2012 | $313,133 | Sold | N/A |
| 01/10/2012 | $266,400 | ListingRemoved | Agent Provided |
| 12/21/2011 | $266,400 | PriceChange | Agent Provided |
| 09/23/2011 | $273,156 | Listed For Sale | Agent Provided |
| 03/04/2005 | $339,900 | Sold | N/A |
| 03/22/2004 | $269,900 | Sold | N/A |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $5,033 |
| Assessment | $404,700 |
Home facts updated by county records
Comparable Sales for 7218 Rainbow Ln
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.23 | Single-Family Home | $500,000 | 07/16/25 | 3 | 3 | 1,620 | |
0.08 | Single-Family Home | $415,000 | 05/21/25 | 3 | 1.5 | 1,400 | |
0.13 | Single-Family Home | $527,500 | 12/23/25 | 4 | 2.5 | 2,501 | |
0.13 | Single-Family Home | $610,000 | 03/03/26 | 4 | 3 | 2,980 | |
0.33 | Single-Family Home | $635,000 | 06/13/25 | 4 | 2.5 | 2,560 | |
0.32 | Single-Family Home | $639,000 | 12/05/25 | 4 | 3.5 | 2,653 | |
0.46 | Single-Family Home | $555,000 | 04/10/26 | 4 | 2.5 | 2,400 | |
0.53 | Single-Family Home | $669,900 | 10/10/25 | 3 | 2.5 | 3,004 | |
0.51 | Single-Family Home | $425,000 | 07/31/25 | 3 | 1.5 | 2,096 | |
0.27 | Single-Family Home | $605,000 | 04/20/26 | 4 | 3.5 | 3,042 |
Assigned Schools
These are the assigned schools for 7218 Rainbow Ln.
What Locals Say about Frederick
At least 856 Trulia users voted on each feature.
90 % Say it's dog friendly
87 % Say there are sidewalks
79 % Say car is needed
77 % Say parking is easy
75 % Say there's holiday spirit
74 % Say streets are well-lit
72 % Say yards are well-kept
71 % Say kids play outside
68 % Say people would walk alone at night
62 % Say it's walkable to restaurants
62 % Say it's quiet
62 % Say it's walkable to grocery stores
53 % Say neighbors are friendly
49 % Say they plan to stay for at least 5 years
46 % Say there's wildlife
33 % Say there are community events
Learn more about our methodology.
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Explore by feature
7218 Rainbow Ln, Frederick, MD 21702 is a 3 bedroom, 3 bathroom, 2,000 sqft single-family home built in 1983. This property is not currently available for sale. 7218 Rainbow Ln was last sold on Jul 11, 2022 for $440,000. The current Trulia Estimate for 7218 Rainbow Ln is $534,900.

