Skip to main content
MarketTimeline.com
MT
MarketTimeline
.com
Methodology Top Markets
Public Record 79M+ records · 23M+ properties All 50 states Methodology

716 Rainbow Ct

Edgewood, MD 21040

3 bd 3 ba 3,002 sqft Built 1987 Lot 7,405 sqft single_family
Most recent sale
$237,500
Mar 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 11, 2022 Sold $237,500 MLS #MDHR2009264
Feb 15, 2022 Listed $225,000 MLS #MDHR2009264
Nov 11, 2010 Listing removed $1,600 MRIS
Oct 21, 2010 Listed for rent $1,600 MRIS
May 19, 2004 Sold $205,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2023 $182,000 $63,100 $245,100 $2,671
2021 $226,633 $2,583
2020 $154,300 $63,100 $217,400 $2,509
2019 $213,100 $2,459
2018 $208,800 $2,388
2017 $135,400 $69,100 $204,500 $2,339
2016 $135,400 $69,100 $204,500 $2,339
2015 $135,400 $69,100 $204,500 $2,339
2014 $138,000 $75,100 $213,100 $2,449
2013 $213,100 $2,437
2012 $213,100 $2,570
2011 $224,700 $2,570
2010 $224,750 $2,619

Property facts

Year built
1987
Property type
single_family
Stories
4
Beds
3
Baths
3
Living area
3,002 sqft
Lot size
7,405 sqft
ZIP code
21040
City
Edgewood
Street
Rainbow Ct
Coordinates
39.42485, -76.32185

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,425
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 716 Rainbow Ct last sell?
716 Rainbow Ct most recently sold on Mar 11, 2022 for $237,500.
What is the current tax assessment for 716 Rainbow Ct?
The most recent total assessment for 716 Rainbow Ct (year 2023) is $245,100 with $2,671 in property tax.
How does 716 Rainbow Ct's assessment compare to its last sale price?
The current assessment is 3.2% above the last sale price of $237,500.
When was 716 Rainbow Ct built?
716 Rainbow Ct was built in 1987.
How does 716 Rainbow Ct compare to others on Rainbow Ct?
We track 8 other properties on Rainbow Ct. Browse the list under "Other properties on Rainbow Ct" to compare beds, baths, and sale history.
What are the property facts for 716 Rainbow Ct?
716 Rainbow Ct is a 3 bed, 3 bath, 3,002 sqft, 7,405 sqft lot single_family.
Is 716 Rainbow Ct a flip candidate?
No — 716 Rainbow Ct does not appear in our flips dataset.
Is 716 Rainbow Ct a tax-appeal candidate?
No — 716 Rainbow Ct is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+5.3%
Implied 1-yr
+21.2%
2026 Q3
$318.6K
2026 Q4
$331.2K
ZIP 21040 — Median Price History + Forecast

Explore nearby