NOT LISTED FOR SALE

119 Rainbow Dr South Fork, CO 81154

Estimated Value: $742,000 - $815,000

4 Beds
2 Baths
2,611 Sq Ft
$296/Sq Ft Est. Value

Sale Details

Date Sold: December 12, 2024

Last sale price $818,000 $313 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $4,360 / mo

77 Days on Market

Highlights

  • River Front
  • Wood Burning Stove
  • Formal Dining Room
  • Creek or Stream View
  • Den with Fireplace
  • Shed

About This Home

As of December 2024

Welcome to your mountain dream retreat. This one-story log home, set on a one-acre lot, offers the perfect fusion of rustic charm and modern comfort. Boasting a beautiful location bordering the national forest and the tranquil Rio Grande River, this property promises an unparalleled connection to the great outdoors. Imagine stepping out of your back door and being greeted by the gentle melody of the river, inviting you to unwind and immerse yourself in its serene embrace. With four bedrooms and two bathrooms, there's ample space for both relaxation and recreation. The spacious interior effortlessly combines classic log home aesthetics with contemporary amenities, offering a warm and inviting atmosphere that's ideal for gatherings of family and friends. The large patio provides an ideal setting for alfresco dining, starlit conversations, and moments of quiet contemplation, all while soaking in the breathtaking views that surround you. This is more than a home; it's a tranquil haven where cherished memories are waiting to be created. Don't miss the chance to make this extraordinary gem your own, and embark on a lifestyle that seamlessly blends comfort, natural beauty, and adventure. This home has a short term rental history if your goal is to share your home with guest, please inquire.

Last Agent to Sell the Property

Anne Pizel

Broken Arrow Ranch & Land Company Listed on: 08/16/2024

Last Buyer's Agent

Trisha Taylor

RE/MAX Pinnacle

RE/MAX Pinnacle

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,661

Year Built

  • Built in 1982

Lot Details

  • 1 Acre Lot
  • River Front

Property Views

  • Creek or Stream
  • Mountain

Home Design

  • Cabin
  • Metal Roof
  • Log Siding
  • Stick Built Home

Interior Spaces

  • 2,611 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Wood Burning Stove
  • Formal Dining Room
  • Den with Fireplace

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Shed

Utilities

  • Forced Air Heating System
  • Heating System Uses Propane
  • Heating System Uses Wood
  • Heating System Powered By Leased Propane
  • Septic Tank
  • Internet Available

Community Details

  • Riverside Estates Subdivision
  • Property is near a preserve or public land

Listing and Financial Details

  • Assessor Parcel Number 2129401010

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,661

Year Built

Built in 1982

Lot Details

1 Acres

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer
  • Estimated Total Acres: 1
  • Class: RESIDENTIAL
  • Em Deposit: 10000
  • Em Holder: Allpine Title
  • Interior Inclusions: Part Furnished
  • Legal Lot Block: Subdivision RIVERSIDE ESTATES Lot 10 CONT 1.00 AC M/L
  • Lot Size Acreage: 1-1.99
  • Parcel Id Number: 2129401010
  • Price Per Sq Ft: 313.29
  • Property Description: Borders Public Land
  • Real Estate Included: Yes
  • Residence Stories: One Story
  • Residence Style: Cabin
  • Sale/Rent: For Sale
  • Siding: Log
  • Sold Price Sq Ft: 313.29
  • Street Designation: Road
  • Waterfront Type: River
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Provider: Ciello
  • Internet Service: Yes
  • Total Taxes Dollar: 1661.24
  • Year Built: 1982
  • Foreign Owned Y N: No
  • Prop Description Remarks: Welcome to your mountain dream retreat. This one-story log home, set on a one-acre lot, offers the perfect fusion of rustic charm and modern comfort. Boasting a beautiful location bordering the national forest and the tranquil Rio Grande River, this property promises an unparalleled connection to the great outdoors. Imagine stepping out of your back door and being greeted by the gentle melody of the river, inviting you to unwind and immerse yourself in its serene embrace. With four bedrooms and two bathrooms, there's ample space for both relaxation and recreation. The spacious interior effortlessly combines classic log home aesthetics with contemporary amenities, offering a warm and inviting atmosphere that's ideal for gatherings of family and friends. The large patio provides an ideal setting for alfresco dining, starlit conversations, and moments of quiet contemplation, all while soaking in the breathtaking views that surround you. This is more than a home; it's a tranquil haven where cherished memories are waiting to be created. Don't miss the chance to make this extraordinary gem your own, and embark on a lifestyle that seamlessly blends comfort, natural beauty, and adventure. This home has a short term rental history if your goal is to share your home with guest, please inquire.
  • Subdv Name: Riverside Estates
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 17

Interior Features

  • Dining Room: Separate Dining
  • Bedrooms: 4
  • Flooring: Carpet-Partial, Tile
  • Estimated Total Sq Ft: 2611
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Total Bathrooms: 2
  • Fireplace Location Type: Den/Family Room
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Construction Type: Wood
  • Exterior Structures: Shed
  • Roof: Metal
  • Views: Mountains, Stream/River

Utilities

  • Utilities: Electric, Propane-Tank Leased
  • Electric Supplier: San Luis Valley Rural Electric Cooperative
  • Gas Supplier: South Fork Propane
  • Heating System: Forced Air, Thermal Storage, Wood Stove
  • Sewer Supplier: Septic
  • Water Supplier: Town of South Fork

Schools

  • High School: Open Enrollment

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Partially Furnished

Tax Info

  • Tax Year: 2022

MLS Schools

  • Elementary School: Open Enrollment
  • Middle School: Open Enrollment

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2024
Closed on
Dec 12, 2024
Sold by
Rio Rainbow Llc
Bought by
Grande Escape Llc
Seller's Agent
Anne Pizel
Broken Arrow Ranch & Land Company
Buyer's Agent
Trisha Taylor
RE/MAX Pinnacle
List Price
$895,000
Sold Price
$818,000
Premium/Discount to List
-$77,000
-8.6%
Views
19
Current Estimated Value
$772,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,153
Avg. Annual Appreciation
-3.95%
Original Mortgage
$409,000
Outstanding Balance
$403,856
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$368,991

Purchase Details

Closed on
May 8, 2018
Sold by
Crazy Cow Properties Llc
Bought by
Rio Rainbow Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
4.44%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 5, 2007
Sold by
Vanderhorst Alan
Bought by
Crazy Cow Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2006
Sold by
Welty Bruce A
Bought by
Vanderhorst Alan
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Grande Escape Llc $818,000 None Listed On Document
Rio Rainbow Llc $350,000 South Fork Title Llc
Crazy Cow Properties Llc -- None Available
Vanderhorst Alan $39,500 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Grande Escape Llc $409,000
Previous Owner Rio Rainbow Llc $245,000
Previous Owner Crazy Cow Properties Llc $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/12/2024 12/12/24 Sold $818,000 -8.6% $313 / Sq Ft
11/01/2024 11/01/24 Pending -- -- --
08/16/2024 08/16/24 For Sale $895,000 -- $343 / Sq Ft
Source: Colorado Real Estate Network (CREN)

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
2025 $2,868 $41,850 $4,690 $37,160
2024 $2,868 $32,421 $4,512 $27,909
2023 $2,092 $32,421 $4,512 $27,909
2022 $1,661 $25,668 $2,418 $23,250
2021 $1,681 $26,406 $2,487 $23,919
2020 $1,673 $26,169 $2,487 $23,682
2019 $1,676 $26,169 $2,487 $23,682
2018 $1,633 $25,363 $0 $0
2017 $1,646 $25,363 $0 $0
2016 $1,281 $25,527 $0 $0
2015 $1,704 $25,527 $0 $0
2014 $1,704 $33,862 $0 $0
2013 $1,209 $33,862 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 817224

Colorado Real Estate Network (CREN)

APN: 2129401010

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