7 months on rocket

703 Rainbow Ct, Edgewood, MD, 21040

$245,000

Home List Price

$2,909*

Closing Credit

4 Bedrooms
2 Full Baths
1,592 SqFt
$154/SqFt
House
Schools Nearby

Location

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703 Rainbow Ct, Edgewood$245,000

Buyer Closing Credits

$2,909*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingOff Street, On Street
Year Built1987
HeatingHeat Pump
CoolingCentral Air
BasementYes
MLS #MDHR2025362
Lot Size0.20 Acres
StatusActive
(ACTIVE)

About 703 Rainbow Ct

THE LIST PRICE REPRESENTS THE OPENING OFFER AMOUNT. Welcome to 703 Rainbow Court in Edgewood, MD! This single-family home nestled in the end of a cul-de-sac features 4 Bedrooms and 2 Bathrooms. Upon entering the top level, you will be greeted by a spacious kitchen with ample cabinet space along with hardwood floors throughout the living and dining rooms that add a touch of elegance and warmth to the home. From there you can step outside to a large, tiered deck with a roof on the top tier perfect for relaxing or cookouts. The backyard is private, fenced in and swimming pool ready with a deck included. The lower level is fully finished and boasts a cozy fireplace, perfect for those chilly winter nights. An additional bedroom on this level offers flexibility for use as a guest room or home office. Conveniently located to major highways, restaurants, and shopping centers. HOA Fee: $22/month. Offers will be accepted through Wednesday, September 27, 2023 at 2:00 pm. AT SELLER'S DISCRETION, AN OFFER MAY BE ACCEPTED AT ANY TIME.

Property Details

Property Features

Property Information:

  • Architectural Style: Split Foyer
  • Year Built: 1987
  • Stories: 2
  • Living Area: 1,592 SqFt

Listing Office:

  • Office Phone: (443) 336-8423
  • Listing Agent: Justin A. Brewer

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Washer, Microwave, Oven, Electric Range, Refrigerator, Water Heater
  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Parking: Off Street, On Street

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Joppatowne High School, Public District Grades 9-12
  • Magnolia Middle School, Public District Grades 6-8
  • Riverside Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: SEE MAP / GPS - 703 RAINBOW COURT; EDGEWOOD, MD 21040

Price Information

Listing Price Info

Price Summary:

  • List Price: $245,000
  • Price Per SqFt: $154/SqFt

HOA Fees:

  • Amount: $22
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,128
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Edgewood, MD.

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Edgewood, MD

City

Med. Sold Price

$235.3K

Med. Price/SqFt

$153

Avg. Days On Market

21

# of Sold Homes

19

703 Rainbow Ct vs Edgewood

229 DAYS ON ROCKET

+208 Days

$245,000

+$9.6K More

$154/SqFt

+$1 More

KEY TAKEAWAY

This property is $9.6K more than the Median Sold Price and $1/SqFt more than other homes in Edgewood, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDHR2025362

Listing Office:

  • Office Phone: (443) 336-8423
  • Listing Agent: Justin A. Brewer

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 12:10:18 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 28, 2017Home Sold
$130,000
Jul 23, 1998Home Sold
$124,900

Tax History

YEARPROP. TAXASSESSMENT
2021$2,128$191,667
2020$2,107$184,400
2018$2,068$180,800
2017$2,047$179,000

History based on county public records data.

Payment Calculator

$1,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$801

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1987843
5
/10

  • Riverside Elementary School

  • 211 Stillmeadow Dr

  • 1.75 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1987844
4
/10

  • Magnolia Middle School

  • 299 Fort Hoyle Rd

  • 1.25 miles

  • Public District Grades 6-8

High School

school-card-donut-1987845
3
/10

  • Joppatowne High School

  • 555 Joppa Farm Rd

  • 1.74 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $36,910. Most Edgewood, MD residents have annual incomes less than $35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 703 Rainbow Ct

What is the listing price of this property?

The listing price of 703 Rainbow Ct property is $245,000.

What type of property is this?

The property 703 Rainbow Ct is a house located in Edgewood, Maryland, 21040.

Is this property for sale now?

Active Listing: 703 Rainbow Ct is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 703 Rainbow Ct are:
Riverside Elementary School: GreatSchools Rating 5/10
Magnolia Middle School: GreatSchools Rating 4/10
Joppatowne High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,128 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 28, 2017 for $130,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 703 Rainbow Ct has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 703 Rainbow Ct is 1,592 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 703 Rainbow Ct is 1987.

Rocket Homes›Maryland›Harford County›Edgewood›21040›703 Rainbow Ct

This home is located at 703 Rainbow Ct in Edgewood, MD and zip code 21040. This 1,592 square foot home, which was built in 1987, sits on a 0.20 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 11, 2023 and is currently priced at $245,000.

In March 2024, from all listings sold in Edgewood, MD there were more than 6 sold above asking price, over 7 sold below and more than 6 were sold right at the asked price. In March 2024 in Edgewood, MD there were 14.2% more homes for sale than in February 2024. In March 2024 median list price was $235,333 and the average listing age was 21 days.

From Rocket Homes Real Estate and based on county public records data.

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