NOT LISTED FOR SALE

16 E Rainbow Way Heber City, UT 84032

Estimated Value: $606,000 - $670,418

4 Beds
3.5 Baths
2,274 Sq Ft
$284/Sq Ft Est. Value

Sale Details

Date Sold: January 19, 2022

Current estimated payment $3,669 / mo

4 Days on Market

Highlights

  • RV Access or Parking
  • Mountain View
  • Home Office
  • Open Floorplan
  • No HOA
  • 2 Car Attached Garage

About This Home

As of January 2022

This is an EXCELLENT opportunity to own a home in the beautiful Heber Valley for less than $500,000! Located on a quiet street with good bones and a lot of potential. A few easy, low-cost cosmetic updates like carpet and paint will have this home in great shape! The main level features an open floor plan with a roomy kitchen and plenty of counter space, an extra-large walk-in pantry, nice sized laundry room, and a powder room. The entire main floor is tiled. 3 bedrooms and 2 full baths upstairs. The basement is 100% finished with an additional bedroom a 3⁄4 bath, office/bonus room plus a family room. The backyard has automatic sprinklers and is fully fenced providing privacy and security for you and your pets. The property behind the home is 'open space' providing an expansive feel. 20 minutes to skiing, restaurants, and shopping in Park City. And an easy 45-minute drive to Salt Lake City or stay in Heber where shopping is convenient and a restaurant to fit any mood is easily found. The owner has not lived in the home. It is currently rented for $1,800 a month. Terms are month to month. The current renter is open to staying. Square footage figures are provided as a courtesy estimate only and were obtained from the county tax records.

Last Agent to Sell the Property

Michael Rowe

CB Realty (SL-Sugarhouse) License #5498123-BB00 Listed on: 12/30/2021

Last Buyer's Agent

Jason Wilcock

Summit Sotheby's Realty-Heber

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,220

Year Built

  • Built in 1999

Lot Details

  • 6,098 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • RV Access or Parking

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Aluminum Siding
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,274 Sq Ft Home
  • Multi-Level Property
  • Open Floorplan
  • Family Room
  • Dining Room
  • Home Office
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Oven
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Heber City Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00-0016-9297

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,220

Year Built

Built in 1999

Lot Details

6,098 Sq Ft Lot

Parking

2

Listing Details

  • MainLevelTotalsHalfBaths: 1
  • Prop. Type: Residential
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Study/Office/Den: 1
  • Property Sub Type: Detached
  • Lot Size Acres: 0.14
  • Subdivision Name: Heber City
  • Architectural Style: Multi-Story
  • New Construction: No
  • Year Built: 1999
  • ResoBuildingAreaSource: PublicRecords
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: 00-0016-9297
  • Property Info:Apx Taxes: 2220.0
  • Property Info:Tax Year2: 2020
  • Views:Mountain(s): Yes
  • Utilities:Cable Available: Yes
  • Sewage:Public Sewer: Yes
  • Water:Public2: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Property Info:Construction New: No
  • Property Info:Accessory Dwelling Unit YN: No
  • Size of HouseLot:Apx SqFt Finished: 2274.0
  • Size of HouseLot:Apx Acres2: 0.14
  • Foundation:Concrete Perimeter: Yes
  • Roof:Shingle: Yes
  • Equipment:Water Heater - Gas: Yes
  • Appliances Refrigerators: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile: Yes
  • Garage Type Attached: Yes
  • Room Totals:Family Room7: 2
  • Lower Level Totals:Family Room3: 1
  • Dining Area:Breakfast Bar: Yes
  • Room Totals:Dining Room7: 1
  • Upper Level Totals:Full Baths2: 2
  • Lower Level Totals:_three_4 Baths3: 1
  • Property Description:Level: Yes
  • Style:Multi-Story: Yes
  • Fencing:Partial: Yes
  • Dining Area:Informal Dining: Yes
  • Exterior:Stucco: Yes
  • Exterior:Aluminum Siding: Yes
  • Cooling:None5: Yes
  • Other Park Type:Rec Vehicle: Yes
  • Lower Level Totals:StudyOfficeDen3: 1
  • Room Totals:Laundry8: 1
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Oven, Refrigerator
  • Flooring: Carpet, Tile
  • Interior Amenities: Electric Dryer Hookup, Open Floorplan, Walk-In Closet(s), Washer Hookup, Breakfast Bar
  • Other Equipment: Appliances, Garage Door Opener, Water Heater - Gas
  • Accessibility Features: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Washer Hookup: Yes
  • Appliances: Yes
  • Interior Features:Electric Dryer Hookup: Yes
  • Interior Features:Open Floorplan: Yes
  • Fireplaces:None12: Yes
  • Appliances:Electric Dryer Hookup2: Yes

Exterior Features

  • Exterior Features: Lawn Sprinkler - Full
  • Fencing: Partial
  • Roof: Shingle
  • Lot Features: Level
  • View: Mountain(s)
  • Construction Type: Aluminum Siding, Stucco
  • Foundation Details: Concrete Perimeter
  • Exterior Features:Lawn Sprinkler - Full: Yes
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: RV Access/Parking
  • Property Info:Parking Spaces Covered: 2
  • Equipment:Garage Door Opener: Yes

Utilities

  • Cooling: None
  • Heating: Forced Air, Natural Gas
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: No
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Association/Amenities

  • MembershipAmenitiesMembershipAvailable: No
  • AssociationOccupant:HOA Dues: No
  • AssociationOccupant:Currently Occupied: Tenant

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 6098.4
  • Parcel #: 00-0016-9297
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2220.0

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2021
Closed on
Jan 19, 2022
Sold by
Bought by
Seller's Agent
Michael Rowe
CB Realty (SL-Sugarhouse)
Buyer's Agent
Jason Wilcock
Summit Sotheby's Realty-Heber
List Price
$499,000
Current Estimated Value
$645,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.62%

Purchase Details

Closed on
Jul 18, 2018
Sold by
Bought by

Purchase Details

Closed on
May 2, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,250
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
-- Atlas Title
-- Accommodation
-- Atlas Title Insurance
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
Previous Owner $203,250
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
01/19/2022 01/19/22 Sold -- -- --
01/04/2022 01/04/22 Pending -- -- --
12/30/2021 12/30/21 For Sale $499,000 -- $219 / Sq Ft
Source: Park City Board of REALTORS®

Tax 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.

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 $2,928 $571,500 $200,000 $371,500
2024 $3,024 $594,360 $200,000 $394,360
2023 $3,024 $525,780 $130,000 $395,780
2022 $2,926 $525,780 $130,000 $395,780
2021 $2,162 $308,610 $118,826 $189,784
2020 $2,220 $308,610 $118,826 $189,784
2019 $1,881 $151,766 $0 $0
2018 $1,576 $127,222 $0 $0
2017 $1,432 $114,971 $0 $0
2016 $1,471 $114,971 $0 $0
2015 $1,403 $114,971 $0 $0
2014 $1,109 $90,051 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Park City Board of REALTORS®

MLS Number: 12104944

Park City Board of REALTORS®

APN: 00-0016-9297

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