NOT LISTED FOR SALE

1044 Rainbow Loop Driggs, ID 83422

Estimated Value: $1,016,000 - $1,522,000

5 Beds
3 Baths
3,552 Sq Ft
$389/Sq Ft Est. Value

Last Sold May 25, 2023

Current estimated payment $8,033/month

8 Days on Market

Highlights

  • Horses Allowed On Property
  • Scenic Views
  • Cathedral Ceiling
  • Spa
  • Deck
  • Wood Flooring

About This Home

As of May 2023

Charming traditional mountain 5 bedroom and 3 baths home, located off Ski Hill Road and 20 mins to Grand Targhee. The chalet-style home boasts soaring 22 ft vaulted ceilings in the main living space with 22ft high rock fireplace. There is stunning granite in the kitchen, new paint and new carpet. The house has 2 en-suite bedrooms on the bottom floor, and 3 bedrooms and 1 bath on the upper floor. An extra grand bonus room is located on the 2nd floor overseeing the first floor. Enjoy beautiful all-around mountain views, including a peek-a-boo view of The Grand Teton. The deck is ample enough for grilling and entertainment, the maintained yard has mature trees providing privacy, and a firepit with benches for campfires. ST rentals are allowed; the house is currently a high-revenue rental.

Last Listed By

Elizabeth Mayberry

Silvercreek Realty Group License #SP53386 Listed on: 04/11/2023

Silvercreek Realty Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,058

Year Built

  • Built in 2002

Lot Details

  • 1.82 Acre Lot
  • Level Lot
  • Sprinkler System
  • Landscaped with Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Gravel Driveway

Property Views

  • Scenic Vista
  • Mountain

Home Design

  • Metal Roof
  • Cedar Siding
  • Stick Built Home

Interior Spaces

  • 3,552 Sq Ft Home
  • Cathedral Ceiling
  • Mud Room
  • Loft
  • Wood Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms

Outdoor Features

  • Spa
  • Deck
  • Porch

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Forced Air Heating System
  • Heating System Powered By Owned Propane
  • Electric Baseboard Heater
  • Electricity To Lot Line
  • Propane
  • Well
  • High Speed Internet
  • Phone Available

Community Details

  • Property has a Home Owners Association
  • Ski Hill Ranch Subdivision

Listing and Financial Details

  • Short Term Rentals Allowed
  • Assessor Parcel Number RP000650000220

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,058

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.82
  • Road Surface Type: Gravel
  • Subdivision Name: Ski Hill Ranch
  • Directions: From downtown Driggs, head east on Ski Hill Road. Turn left on to Double Rainbow Drive then left on Rainbow Loop. It will be at the far end of loop on the left side (interior of the loop).
  • Above Grade Finished Sq Ft: 1696.0
  • Living Area: 3552.0
  • Year Built: 2002
  • Property Info:Horses Allowed: Yes
  • Property Features:Flat: Yes
  • Property Features:Trees: Yes
  • View:Mountain View: Yes
  • View:Scenic: Yes
  • Property Info:Overall Livable SqFt: 3552.0
  • Property Info:_pound_ Horses Allowed: 2
  • Sewer:Septic (existing): Yes
  • Ground Flr Mstr Bdrm:Ground Flr Mst Bdrm: Yes
  • Roof:Metal: Yes
  • Heat:Electric Baseboard: Yes
  • Heat:Forced Air Ducts: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Driveway:Gravel: Yes
  • Special Rooms:Loft: Yes
  • Special Rooms:Mud Room: Yes
  • Property Features:Electric to Property: Yes
  • Driveway:Concrete: Yes
  • Property Features:Phone to Lot Line: Yes
  • Fuel Type:Propane: Yes
  • Propane Tank Owned: Yes
  • Exterior:Cedar: Yes
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Hot Tub
  • Has Basement: None
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Hardwood, Fir
  • Interior Amenities: Cathedral Ceiling(s), High Speed Internet
  • Basement:None8: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Range3: Yes
  • Fireplace:Propane _pound_: 1

Exterior Features

  • Lot Features: ST Rentals Allowed, Level, Trees, Landscaped, Sprinkler System
  • View: Grand Teton View, Mountain(s), Scenic
  • Exclusions: Seller's, personal property, hot tub, washer, dryer, kitchen table and some decorations.
  • Construction Type: Cedar, Stick Built On Site
  • Patio And Porch Features: Deck, Porch
  • Roof: Metal
  • Construction:Stick Built On Site: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Concrete, Gravel, Garage Door Opener
  • Property Info:Main House Garage Type: Attached
  • Property Info:Main House Garage SqFt: 832.0
  • Property Info:Overall Garage SqFt: 832.0
  • Amenities:Garage Door Opener: Yes

Utilities

  • Heating: Electric Baseboard, Forced Air Ducts
  • Heating Yn: Yes
  • Electricity On Property: Yes
  • Sewer: Septic (existing)
  • Utilities: Phone to Lot Line, Owned
  • Water Source: Well
  • Water Well: Yes

Condo/Co-op/Association

  • Association Fee: 400.0
  • Association: Yes
  • Pets Allowed: Yes

Association/Amenities

  • Amenities:Cathedral Ceiling: Yes
  • Deck: Yes
  • Amenities:Hi-Speed Internet: Yes
  • Amenities:Landscaped: Yes
  • Amenities:Porch: Yes
  • Amenities:Hot Tub: Yes
  • Amenities:Hardwood Floors: Yes
  • Amenities:Sprinkler System: Yes

Lot Info

  • Lot Size Sq Ft: 79279.2
  • Parcel #: RP000650000220
  • Zoning Description: Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 4058.36
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2023
Sold by
Werner Roger
Bought by
2Thet Llc
Total Days on Market
8
Current Estimated Value
$1,382,917

Purchase Details

Listed on
Apr 11, 2023
Closed on
May 19, 2023
Sold by
Solimar Llc
Bought by
Werner Roger
Seller's Agent
Elizabeth Mayberry
Silvercreek Realty Group
Buyer's Agent
Ann Goodell
Coldwell Banker Mountain Properties
List Price
$1,425,000
Sold Price
$1,425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.27%

Purchase Details

Closed on
Feb 7, 2022
Sold by
Solimar Llc
Bought by
Mayberry Kevin

Purchase Details

Closed on
Dec 11, 2021
Sold by
Mayberry Kevin J and Mayberry Rosa M
Bought by
Solimar Llc

Purchase Details

Closed on
Sep 5, 2019
Sold by
Solimar Llc
Bought by
Mayberry Kevin J and Mayberry Rosa M

Purchase Details

Closed on
Jul 1, 2016
Sold by
Mayberry Kevin and Mayberry Rosa
Bought by
Solimar Llc

Purchase Details

Listed on
Nov 14, 2015
Closed on
Jan 6, 2016
Sold by
Gottlieb John F and Gottlieb Robin Cowen
Bought by
Mayberry Kevin and Mayberry Rosa
Seller's Agent
Matt Hail
Coldwell Banker Mountain Properties
Buyer's Agent
Lora Davis
Silver Peaks Realty
List Price
$487,000
Sold Price
$473,000
Premium/Discount to List
-$14,000
-2.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.56%
Original Mortgage
$354,750
Interest Rate
3.92%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
2Thet Llc -- Alliance Title
Werner Roger -- Alliance Title
Mayberry Kevin -- Alliance Title
Solimar Llc -- Alliance Title
Mayberry Kevin J -- Alliance Title Driggs Office
Solimar Llc -- Alliance Title Driggs
Mayberry Kevin -- Alliance Title & Escrow Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mayberry Kevin J $334,390
Previous Owner Mayberry Kevin $354,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold -- -- --
04/20/2023 04/20/23 Pending -- -- --
04/11/2023 04/11/23 For Sale $1,425,000 +192.6% $401 / Sq Ft
01/11/2016 01/11/16 Sold -- -- --
11/06/2015 11/06/15 Pending -- -- --
05/12/2014 05/12/14 For Sale $487,000 -- $137 / Sq Ft
Source: Teton Board of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,948 $1,154,731 $220,000 $934,731
2023 $3,948 $1,149,731 $215,000 $934,731
2022 $4,058 $987,996 $175,000 $812,996
2021 $4,234 $632,743 $65,520 $567,223
2020 $4,306 $526,235 $61,880 $464,355
2019 $4,215 $524,415 $60,060 $464,355
2018 $4,213 $483,825 $58,240 $425,585
2017 $3,772 $476,545 $50,960 $425,585
2016 $3,819 $447,837 $50,960 $396,877
2015 $3,470 $349,665 $40,040 $309,625
2011 -- $359,395 $58,240 $301,155
Source: Public Records

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Source: Teton Board of REALTORS®

MLS Number: 23-486

APN: RP000650000220