
167 Rainbow Dr Grand Junction, CO 81503
Orchard Mesa NeighborhoodHighlights
- Guest House
- In Ground Pool
- 1.18 Acre Lot
- Horses Allowed On Property
- RV Access or Parking
- Deck
About This Home
As of July 2025Motivated seller!!! This timeless beautiful property is one of a kind, featuring an ADU, in ground swimming pool, and an oversized 2 sided shop. Oh and did I mention 400 amp service??? This home was remodeled down to the studs revealing some of the older elements mixed with new. The renovations include new electric, plumbing, roof, insulation, drywall, flooring and so much more to name off! Radiant floor heat in living room, family room, kitchen and bathrooms along with a double sided fireplace in living and kitchen. The kitchen is appointed with 2 stoves, 2 refrigerators, custom cabinets, and so much more. As you step outside you will be greeted with 360 views, Beautiful back patio area with immaculately kept pool and grounds. New retaining wall was added around pool area for structural support. In addition to the 2 car garage there is an oversized shop 60x28 that has multiple bays and workspaces that are a dream come true for the hobbyist! ADU is a fantastic addition for family, friends or rental income. The 2 bedroom ADU with a private entrance can generate short term or long term rental income. Along with so many other features this property has ample amount of room for toys, vehicles, RV's and etc. There is also 2 shares of irrigation for the raised garden bed or small orchards. This property sits up on a hillside and near so many walking and hiking trails, definitely not one you want to miss out on. Schedule your private showing now!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,325
Year Built
- Built in 1954
Lot Details
- 1.18 Acre Lot
- Property is Fully Fenced
- Vinyl Fence
- Chain Link Fence
- Landscaped
- Front and Back Yard Sprinklers
- Property is zoned RSF-4
Home Design
- Ranch Style House
- Brick Exterior Construction
- Slab Foundation
- Wood Frame Construction
- Metal Roof
- Stucco Exterior
Interior Spaces
- Living Quarters
- Ceiling Fan
- Gas Log Fireplace
- Window Treatments
- Family Room
- Living Room with Fireplace
- Formal Dining Room
- Bonus Room
- Workshop
- Sun or Florida Room
- Crawl Space
- Home Security System
Kitchen
- Eat-In Kitchen
- Gas Oven or Range
- Microwave
- Dishwasher
- Granite Countertops
- Butcher Block Countertops
- Disposal
Flooring
- Radiant Floor
- Laminate
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
- Hydromassage or Jetted Bathtub
Laundry
- Laundry Room
- Laundry on main level
Parking
- 2 Car Attached Garage
- Garage Door Opener
- RV Access or Parking
Outdoor Features
- In Ground Pool
- Deck
- Covered Patio or Porch
- Separate Outdoor Workshop
- Outbuilding
- Shop
Schools
- Mesa View Elementary School
- Orchard Mesa Middle School
- Central High School
Utilities
- Evaporated cooling system
- Baseboard Heating
- Irrigation Water Rights
- Septic Design Installed
Additional Features
- Solar owned by seller
- Guest House
- 1 Irrigated Acre
- Horses Allowed On Property
Community Details
- Sharon Hts Subdivision
Listing and Financial Details
- Assessor Parcel Number 2943-311-13-009
- Seller Concessions Offered
Ownership History
Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.Purchase Details
Similar Homes in Grand Junction, CO
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Special Warranty Deed | $725,000 | Fidelity National Title | |
Warranty Deed | $306,500 | None Available | |
Deed | -- | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $580,750 | New Conventional | |
Previous Owner | $218,500 | New Conventional | |
Previous Owner | $205,000 | New Conventional | |
Previous Owner | $2,267,750 | New Conventional | |
Previous Owner | $240,000 | Negative Amortization | |
Previous Owner | $200,000 | Purchase Money Mortgage | |
Previous Owner | $115,000 | Unknown | |
Previous Owner | $100,000 | Unknown | |
Previous Owner | $65,000 | Unknown |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/07/2025 07/07/25 | Sold | $725,000 | 0.0% | $253 / Sq Ft |
05/13/2025 05/13/25 | Pending | -- | -- | -- |
04/30/2025 04/30/25 | Price Changed | $725,000 | -8.8% | $253 / Sq Ft |
04/10/2025 04/10/25 | Price Changed | $795,000 | -3.6% | $277 / Sq Ft |
03/07/2025 03/07/25 | Price Changed | $825,000 | -1.2% | $288 / Sq Ft |
01/17/2025 01/17/25 | Price Changed | $835,000 | +1.2% | $291 / Sq Ft |
01/17/2025 01/17/25 | For Sale | $825,000 | -- | $288 / Sq Ft |
Tax History Compared to Growth
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 | $2,311 | $30,140 | $6,270 | $23,870 |
2023 | $2,311 | $30,140 | $6,270 | $23,870 |
2022 | $1,997 | $25,360 | $5,730 | $19,630 |
2021 | $1,935 | $26,100 | $5,900 | $20,200 |
2020 | $1,676 | $23,060 | $5,680 | $17,380 |
2019 | $1,412 | $21,090 | $5,680 | $15,410 |
2018 | $1,460 | $19,710 | $5,130 | $14,580 |
2017 | $1,451 | $19,710 | $5,130 | $14,580 |
2016 | $1,295 | $19,680 | $5,670 | $14,010 |
2015 | $1,319 | $19,680 | $5,670 | $14,010 |
2014 | $834 | $11,720 | $5,670 | $6,050 |
Agents Affiliated with this Home
-
Seller's Agent in 2025
Karina Parenteau
HUMMEL REAL ESTATE
(720) 341-2943
2 in this area
97 Total Sales
-
Buyer's Agent in 2025
Wendy Johnson
RED COMPASS REALTY
(970) 314-3735
5 in this area
73 Total Sales
Map
Source: Grand Junction Area REALTOR® Association
MLS Number: 20250218

APN: 2943-311-13-009
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