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1407 Rainbow Ct

Herndon, VA 20170

4 bd 3 ba 2,918 sqft Built 1989 Lot 14,375 sqft single_family
Most recent sale
$749,000
Aug 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 7, 2024 Sold $950,000 BrightMLS
Mar 9, 2024 Listed $950,000 BrightMLS
Aug 3, 2022 Sold $749,000 MLS #VAFX2078690
Jun 30, 2022 Listed $749,000 MLS #VAFX2078690
May 28, 1992 Sold $263,000 Public Record
Jul 25, 1989 Sold $290,350 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $606,910 $252,000 $858,910 $12,248
2024 $606,910 $252,000 $858,910 $10,765
2023 $486,970 $252,000 $738,970 $10,260
2022 $447,410 $237,000 $684,410 $9,639
2021 $410,470 $197,000 $607,470 $7,129
2020 $390,920 $189,000 $579,920 $6,863
2019 $390,920 $189,000 $579,920 $6,863
2018 $390,920 $182,000 $572,920 $6,589
2017 $379,530 $178,000 $557,530 $6,473
2016 $372,090 $173,000 $545,090 $6,315
2015 $364,790 $168,000 $532,790 $5,946
2014 $348,120 $168,000 $516,120 $5,747
2013 $317,940 $147,000 $464,940 $5,142
2012 $294,610 $125,000 $419,610 $4,599
2011 $283,610 $121,000 $404,610 $4,394
2010 $262,600 $112,000 $374,600 $4,143
2009 $267,960 $118,000 $385,960 $4,018
2008 $373,730 $164,000 $537,730 $4,953
2007 $451,500 $162,000 $613,500 $5,466

Property facts

Year built
1989
Property type
single_family
Stories
3
Beds
4
Baths
3
Living area
2,918 sqft
Lot size
14,375 sqft
ZIP code
20170
City
Herndon
Street
Rainbow Ct
Coordinates
38.97103, -77.40872

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
$4,377
Gross rental yield
7.01%
Implied cap rate
4.56%
Trend-extrapolated value

Frequently asked questions

When did 1407 Rainbow Ct last sell?
1407 Rainbow Ct most recently sold on Aug 3, 2022 for $749,000.
What is the current tax assessment for 1407 Rainbow Ct?
The most recent total assessment for 1407 Rainbow Ct (year 2025) is $858,910 with $12,248 in property tax.
How does 1407 Rainbow Ct's assessment compare to its last sale price?
The current assessment is 14.7% above the last sale price of $749,000.
When was 1407 Rainbow Ct built?
1407 Rainbow Ct was built in 1989.
How does 1407 Rainbow Ct compare to others on Rainbow Ct?
We track 2 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 1407 Rainbow Ct?
1407 Rainbow Ct is a 4 bed, 3 bath, 2,918 sqft, 14,375 sqft lot single_family.
Is 1407 Rainbow Ct a flip candidate?
Yes — 1407 Rainbow Ct appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1407 Rainbow Ct a tax-appeal candidate?
No — 1407 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
-1.5%
Implied 1-yr
-5.8%
2026 Q3
$639.8K
2026 Q4
$629.5K
ZIP 20170 — Median Price History + Forecast

Explore nearby

Other properties on Rainbow Ct