NOT LISTED FOR SALE

1338 Rainbow Dr Silverthorne, CO 80498

Estimated Value: $1,033,948 - $1,333,000

4 Beds
2 Baths
1,367 Sq Ft
$842/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $550,000 $402 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $6,495/month

Highlights

  • Horse Facilities
  • River View
  • Property is near public transit
  • Fishing
  • Clubhouse
  • Stream or River on Lot

About This Home

As of December 2018

**HORSE PROPERTY ** Located in a small gated community that has it all: private fishing on the Blue River, stocked ponds, hiking trails, zoned for horses, a large lot full sun & the list goes on. Truly a one-of-a-kind home/lot to own in Summit County. You feel like you are miles away from the hustle bustle yet you are right in town. Peaceful & beautiful. Only residents can use what this gated community has to offer. Recent tenants were paying $3500/mo in rent. Great investment property.

Last Agent to Sell the Property

Jackie Pyles

Omni Real Estate License #FA100068412 Listed on: 08/01/2018

Last Buyer's Agent

Tyler MacGuire

Omni Real Estate License #FA100022595

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,659

Year Built

  • Built in 1966

Lot Details

  • 0.42

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • Parking Pad

Property Views

  • River
  • Creek or Stream
  • Mountain
  • Meadow

Home Design

  • Cabin
  • Wood Frame Construction
  • Asphalt Roof

Interior Spaces

  • 1,367 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Shared Well
  • Well
  • Septic Tank
  • Septic System
  • Phone Available
  • Cable TV Available

Additional Features

  • Stream or River on Lot
  • 0.42 Acre Lot
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 1300616

Community Details

Overview

  • Association fees include common area maintenance, common areas, snow removal, trash
  • Blue River Valley Ranch Lakes Sub Subdivision

Amenities

  • Public Transportation
  • Clubhouse

Recreation

  • Fishing
  • Horse Facilities
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,659

Year Built

Built in 1966

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.42
  • Subdivision Name: BLUE RIVER VALLEY RANCH LAKES SUB
  • Directions: I-70 going west bound, take right on hwy 6 and take next right onto Rainbow Dr. continue to end of Rainbow Dr. past brook lane and 1338 rainbow drive is on right.
  • Architectural Style: Cabin/Cottage
  • Unit Levels: One
  • Year Built: 1966
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Cable TV
  • Living Area: 1367.0

Exterior Features

  • Lot Features: City Lot, Near Public Transit, Stream/Creek, See Remarks
  • View: Meadow, Mountain(s), River, Creek/Stream
  • View: Yes
  • Exclusions: No
  • Construction Type: Wood Frame
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Parking Pad

Utilities

  • Heating: Electric, Natural Gas, Radiant
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Cable Available, Septic Available
  • Water Source: Community/Coop, Shared Well, Well

Condo/Co-op/Association

  • Community Features: Clubhouse, Equestrian Facilities, See Remarks, Trails/Paths, Fishing, Public Transportation
  • Association Fee: 150.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Area Maintenance, Common Areas, Snow Removal, Trash

Lot Info

  • Lot Size Sq Ft: 18295.2
  • Parcel #: 1300616
  • Zoning Description: Single Family

Tax Info

  • Tax Annual Amount: 1659.25
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2018
Closed on
Dec 28, 2018
Sold by
Shawn Gorega
Bought by
Diubac Timothy and Diubac Amy
Seller's Agent
Jackie Pyles
Omni Real Estate
Buyer's Agent
Tyler MacGuire
Omni Real Estate
List Price
$550,000
Sold Price
$550,000
Current Estimated Value
$1,150,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$600,737
Avg. Annual Appreciation
11.49%
Original Mortgage
$467,500
Outstanding Balance
$413,492
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$737,245

Purchase Details

Closed on
Aug 2, 2007
Sold by
Silverthorne Properties Llc
Bought by
Gorea Shawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2005
Sold by
Gilmer Scott E and Gilmer Eva A
Bought by
Silverthorne Properties Llc
Source: Public Records

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
Diubac Timothy $550,000 Stewart Title
Gorea Shawn $420,000 Stewart Title
Silverthorne Properties Llc $339,999 Title Co Of The Rockies Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diubac Timothy $467,500
Previous Owner Gorea Shawn $336,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2018 12/28/18 Sold $550,000 0.0% $402 / Sq Ft
11/28/2018 11/28/18 Pending -- -- --
08/01/2018 08/01/18 For Sale $550,000 -- $402 / 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 $2,924 $57,801 -- --
2023 $2,924 $54,116 $0 $0
2022 $2,378 $41,610 $0 $0
2021 $2,398 $42,807 $0 $0
2020 $1,962 $37,405 $0 $0
2019 $1,935 $37,405 $0 $0
2018 $1,814 $33,987 $0 $0
2017 $1,659 $33,987 $0 $0
2016 $1,623 $32,749 $0 $0
2015 $1,572 $32,749 $0 $0
2014 $1,436 $29,524 $0 $0
2013 -- $29,524 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Summit MLS

MLS Number: S1010249

Summit MLS

APN: 1300616