7202 Rainbow Ln

Frederick, MD 21702

$475,000
Last Sold Price
3
Beds
2,216 Sq. Ft.
$214 / Sq. Ft.
2,216
Sq. Ft.
$214
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 11/28/23
Closed 11/28/23
  1. Listed by Matthew Shawn • Coldwell Banker Realty
    P: (410)-430-9283 matthew.shawn@cbrealty.com

Property Details for 7202 Rainbow Lane

Tax ID Number
1128547722
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Structure Type
Detached
Style
Ranch/Rambler
Levels/Stories
2
Waterfront
No
LISTING UPDATED: 12/23/2025 01:06 AM

Property Details for 7202 Rainbow Lane

StatusClosed
MLS #MDFR2041908
Days on Market1
Taxes$1,570 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Fee Simple
Year Built1986
Lot Size0.36 AC / 15,507 SF
CountyFrederick County, MD
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of Coldwell Banker Realty

Sold By Northrop Realty

Add your commute

Building Information for 7202 Rainbow Lane

Stories2Year Built1986Building Size-Lot Size0.36 AC / 15,507 SF

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$2,436 per month

30 year fixed, 6.11% Interest

Principal and Interest

$2,305

Property Taxes

$131

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 7202 Rainbow Lane

Location
Location
  • In City Limits: No
  • School District Name: FREDERICK COUNTY PUBLIC SCHOOLS
  • School District County ID: 121139693024
  • SchoolDistrictSource: Listing Agent
  • County: FREDERICK
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • HOA Condo Coop Fee Includes: Other
  • HOA Condo Coop Amenities: Other
  • Senior Community: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2000
  • Tax Assessed Value: $150,380
  • Year Assessed: 1998
  • County Tax: $1,463
  • Improvement Assessed Value: $107,010
  • Land Assessed Value: $43,370
  • Special Assessment Pymnt: Annually
  • Section: 1-
  • Agricultural Tax Due: No
  • Zoning: R5
  • Tax Lot: 215
  • Tax Page Number: 1309
  • Automatically Update Tax Values Y/N: No
Rooms
Main
  • # Bedrooms Count Main Level: 3
  • # Bathrooms Count Main Level: 2
  • # Bathrooms Full Main Level: 2
All Lower Levels
  • # Bathrooms All Lower Levels: 1
  • # Bathrooms Half All Lower Levels: 1
Lower Level 1
  • # Bathrooms Lower Level: 1
  • # Bathrooms Half Lower Level: 1
Rooms
  • Room List: Living Room, Primary Bedroom, Bedroom 2, Bedroom 3, Kitchen, Family Room
  • Stories: Lower 1, Main
Rooms Information
Room 1
  • Room Type: Living Room
  • Room Length: 15.0
  • Room Width: 12.0
  • Room Level: Main
  • Room Exists: Yes
  • Room Dimensions: 15 X 12
  • Room Features: Flooring - Carpet
Room 2
  • Room Type: Primary Bedroom
  • Room Length: 12.0
  • Room Width: 12.0
  • Room Level: Main
  • Room Exists: Yes
  • Room Dimensions: 12 X 12
  • Room Features: Flooring - Carpet
Room 3
  • Room Type: Bedroom 2
  • Room Length: 11.0
  • Room Width: 10.0
  • Room Level: Main
  • Room Exists: Yes
  • Room Dimensions: 11 X 10
  • Room Features: Flooring - Carpet
Room 4
  • Room Type: Bedroom 3
  • Room Length: 11.0
  • Room Width: 9.0
  • Room Level: Main
  • Room Exists: Yes
  • Room Dimensions: 11 X 9
  • Room Features: Flooring - Carpet
Room 5
  • Room Type: Kitchen
  • Room Length: 19.0
  • Room Width: 10.0
  • Room Level: Main
  • Room Exists: Yes
  • Room Dimensions: 19 X 10
  • Room Features: Flooring - Vinyl
Room 6
  • Room Type: Family Room
  • Room Length: 18.0
  • Room Width: 13.0
  • Room Level: Lower 1
  • Room Exists: Yes
  • Room Dimensions: 18 X 13
  • Room Features: Flooring - Carpet
Building Info
Building Info
  • Total Finished SQFT: 2,216.00
  • Total Finished SQFT Source: Estimated
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Features: Landscaping
  • Parcel ID: 11559430
Parking
Parking
  • Type Of Parking: Attached Garage
  • Num of Attached Garage Spaces: 2
  • Total Garage Spaces: 2
  • Garage Features: Additional Storage Area
Interior Features
Interior Features
  • Interior Features: Combination Kitchen/Dining, Kitchen - Table Space, Window Treatments
  • Fireplace: No
  • Appliances: Dishwasher, Exhaust Fan, Oven/Range - Electric, Refrigerator
  • Accessibility Features: Other
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Well
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Coastal Association of REALTORS (MD)

Property History for 7202 Rainbow Lane

DateEvent & SourcePriceAppreciation
Nov 28, 2023

Closed

BRIGHT #MDFR2041908

$475,000—
Nov 27, 2023

Closed (Public Record)

Public Record #1522930894

$465,000

+144.5% / yr

Nov 9, 2023

Pending

BRIGHT #MDFR2041908

—
Nov 9, 2023

Active Under Contract

BRIGHT #MDFR2041908

—
Nov 9, 2023

Listed (Active)

BRIGHT #MDFR2041908

$475,000—
Oct 31, 2023

Withdrawn

BRIGHT #MDFR2039968

—
Oct 27, 2023

Price Change

BRIGHT #MDFR2039968

$475,000—
Oct 17, 2023

Price Change

BRIGHT #MDFR2039968

$499,900—
Oct 9, 2023

Price Change

BRIGHT #MDFR2039968

$519,900—
Sep 29, 2023

Price Change

BRIGHT #MDFR2039968

$539,900—
Sep 15, 2023

Listed (Active)

BRIGHT #MDFR2039968

$549,900—
Jun 1, 2023

Closed (Public Record)

Public Record #1512621675

$300,000

+2.3% / yr

Dec 7, 2001

Closed (Public Record)

Public Record #94937234

$185,000—
Sep 15, 2000

Closed

BRIGHT #MDFR157188

$170,000—
Apr 13, 2000

Pending

BRIGHT #MDFR157188

—
Apr 10, 2000

Listed (Active)

BRIGHT #MDFR157188

$174,500—
DateEvent & SourcePrice
11/28/2023

Closed

BRIGHT #MDFR2041908

$475,000
11/27/2023

Closed (Public Record)

Public Record #1522930894

$465,000

+144.5% / yr

11/09/2023

Pending

BRIGHT #MDFR2041908

—
11/09/2023

Active Under Contract

BRIGHT #MDFR2041908

—
11/09/2023

Listed (Active)

BRIGHT #MDFR2041908

$475,000
10/31/2023

Withdrawn

BRIGHT #MDFR2039968

—
10/27/2023

Price Change

BRIGHT #MDFR2039968

$475,000
10/17/2023

Price Change

BRIGHT #MDFR2039968

$499,900
10/09/2023

Price Change

BRIGHT #MDFR2039968

$519,900
09/29/2023

Price Change

BRIGHT #MDFR2039968

$539,900
09/15/2023

Listed (Active)

BRIGHT #MDFR2039968

$549,900
06/01/2023

Closed (Public Record)

Public Record #1512621675

$300,000

+2.3% / yr

12/07/2001

Closed (Public Record)

Public Record #94937234

$185,000
09/15/2000

Closed

BRIGHT #MDFR157188

$170,000
04/13/2000

Pending

BRIGHT #MDFR157188

—
04/10/2000

Listed (Active)

BRIGHT #MDFR157188

$174,500

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7202 Rainbow Lane

Taxable ValueLand$109,300Additions$236,500Total$345,800
Tax Record2025$4,314 ($359 / month)
Home Facts
Beds0Baths2.5Total Finished SqFt1,108 SqFtAbove Grade Finished SqFt1,108 SqFtStories1Lot Size15,507 SqFtStyleSingle Family ResidenceYear Built1986ZoningR5CountyFREDERICKAPN28-547722

Schools near 7202 Rainbow Lane

This home is within Frederick County Public Schools.
Rating
School
Type
Grades
Distance
Monocacy Elementary School
Public - PK to 5
Monocacy Middle School
Public - 6 to 8
Gov. Thomas Johnson High School
Public - 9 to 12
Heather Ridge High School
Public - 6 to 12
Rating
School
Distance
Monocacy Elementary School
PublicPK to 5

Monocacy Middle School
Public6 to 8

Gov. Thomas Johnson High School
Public9 to 12

Heather Ridge High School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty

© 2026 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 12/23/2025 01:06 AM