NOT LISTED FOR SALE

1171 Rainbow Dr Silverthorne, CO 80498

Estimated Value: $1,102,193 - $1,492,000

3 Beds
2 Baths
1,792 Sq Ft
$715/Sq Ft Est. Value

Last Sold October 17, 2019

Last sale price $754,000 $421 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $6,990/month

26 Days on Market

Highlights

  • Mountain View
  • Vaulted Ceiling
  • Public Transportation
  • Property is near public transit
  • Wood Flooring
  • 1-Story Property

About This Home

As of October 2019

Must see this 3 bedroom 2 bath single family home with a two-car attached garage in the heart of Silverthorne. Close to Rec center, Rainbow Park and all Summit County has to offer. Relax in your huge fenced-in back yard and enjoy views of Buffalo, Red and Thorn mountains. This home has newer wood floors, carpet and blinds, stainless steel appliances, and upgraded light fixtures and granite countertops throughout. In addition there is a new water heater. Never rented and meticulously kept.

Last Agent to Sell the Property

Peter Schutz

Summit Resort Group License #EA100023888 Listed on: 08/21/2019

Last Buyer's Agent

Candy Snyder

Omni R.E./Frisco License #FA831315

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,802

Year Built

  • Built in 1997

Lot Details

  • 8,712

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,792 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Mountain Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Additional Features

  • 8,712 Sq Ft Lot
  • Property is near public transit

Community Details

  • Silvergrove Subdivision
  • Public Transportation

Listing and Financial Details

  • Assessor Parcel Number 1501450

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,802

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.2
  • Subdivision Name: SILVERGROVE
  • Directions: From Silverthorne, turn right on Rainbow Drive next to Wendy's. Follow road past rec center and through the stop sign by the church. House will be on your left about 1/2 mi up. 1171 Rainbow Drive.
  • Garage Yn: Yes
  • Unit Levels: One
  • Year Built: 1997
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Dryer, Washer
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Fireplace, Cable TV, Vaulted Ceiling(s)
  • Living Area: 1792.0

Exterior Features

  • Lot Features: City Lot, Near Public Transit
  • View: Mountain(s)
  • View: Yes
  • Exclusions: Do Not Know
  • Construction Type: Wood Frame
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Green Building Features: Not Applicable
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Trash Collection, Water Available, Cable Available, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None, Public Transportation
  • Pets Allowed: Yes

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 1501450
  • Zoning Description: Single Family

Tax Info

  • Tax Annual Amount: 1801.56
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2019
Closed on
Oct 16, 2019
Sold by
Corning Brook E and Corning Laura L
Bought by
Sides James Q and Sides Amy D
Seller's Agent
Peter Schutz
Summit Resort Group
Buyer's Agent
Candy Snyder
Omni R.E./Frisco
List Price
$754,000
Sold Price
$754,000
Current Estimated Value
$1,281,048

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$527,048
Avg. Annual Appreciation
8.90%
Original Mortgage
$644,000
Outstanding Balance
$563,015
Interest Rate
3.4%
Mortgage Type
VA
Estimated Equity
$718,033

Purchase Details

Listed on
Jul 3, 2014
Closed on
Aug 29, 2014
Sold by
Walstrom Kehrwald Caleb J and Walstrom Kehrwald Elizabeth Ann
Bought by
Corning Brook E and Corning Laura L
Seller's Agent
Jeannette Gongloff
The Gongloff Group
Buyer's Agent
Office 4045
Inactive Re/Max Alliance
List Price
$510,000
Sold Price
$510,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.90%
Original Mortgage
$270,000
Interest Rate
4.15%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 28, 2009
Sold by
Diversified Builders Inc
Bought by
Walstrom Kehrwald Caleb J and Walstrom Kehrwald Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2008
Sold by
Connelly Michael
Bought by
Diversified Builders Inc

Purchase Details

Closed on
May 14, 2008
Sold by
Putnam Lisa A
Bought by
Diversified Builders Inc

Purchase Details

Closed on
Jun 6, 2005
Sold by
Hagmeyer Eric F and Mclee Maribeth
Bought by
Putnam Lisa A and Connelly Michael
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sides James Q $754,000 Land Title Guarantee
Corning Brook E $510,000 Land Title Guarantee Company
Walstrom Kehrwald Caleb J $465,000 Title Company Of The Rockies
Diversified Builders Inc -- None Available
Diversified Builders Inc -- None Available
Putnam Lisa A $355,000 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sides James Q $644,000
Previous Owner Corning Brook E $270,000
Previous Owner Walstrom Kehrwald Caleb J $372,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/17/2019 10/17/19 Sold $754,000 0.0% $421 / Sq Ft
09/17/2019 09/17/19 Pending -- -- --
08/21/2019 08/21/19 For Sale $754,000 +47.8% $421 / Sq Ft
08/29/2014 08/29/14 Sold $510,000 0.0% $285 / Sq Ft View Prior Sale
07/30/2014 07/30/14 Pending -- -- --
07/03/2014 07/03/14 For Sale $510,000 -- $285 / Sq Ft
Source: Summit MLS

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 $3,502 $75,215 -- --
2023 $3,502 $64,829 $0 $0
2022 $2,825 $49,449 $0 $0
2021 $2,850 $50,872 $0 $0
2020 $2,016 $38,441 $0 $0
2019 $2,358 $45,591 $0 $0
2018 $1,970 $36,902 $0 $0
2017 $1,802 $36,902 $0 $0
2016 $1,671 $33,705 $0 $0
2015 $1,618 $33,705 $0 $0
2014 $1,556 $31,991 $0 $0
2013 -- $31,991 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Summit MLS

MLS Number: S1015017

Summit MLS

APN: 1501450