THE JOE REED TEAM
REED REAL ESTATE GROUP, LLC
(970) 822-0290
328 Total Sales
23 in Redlands
$160K - $900K Price Range
2126 1/2 Rainbow Ranch Ct Grand Junction, CO 81507
Redlands NeighborhoodEstimated Value: $885,000 - $1,027,000
3
Beds
3.5
Baths
5,486
Sq Ft
$176/Sq Ft
Est. Value
Highlights
- RV or Boat Parking
- Living Room with Fireplace
- Main Floor Primary Bedroom
- 1.96 Acre Lot
- 2-Story Property
- 6 Car Attached Garage
About This Home
As of November 2025Motivated Seller!! Huge price reduction. Welcome to 2126 1/2 Rainbow Ranch Court—a private retreat set on 1.96 acres in the Redlands. This 3-bedroom, 4-bath home spans 5,486 sq. ft. and includes a mostly unfinished 2,746 sq. ft. walk-out basement with a beautifully remodeled bath, offering incredible potential for a guest suite, rec room, theater, rental opportunity, or even a full mother-in-law suite/extended family living space. Or maybe a combo of them all! Step outside or on the upstairs deck to enjoy the natural setting, where deer, rabbits, and even the occasional bobcat or fox make appearances. A versatile outbuilding provides room for a 4-car garage, workshop, or both, with an attached lean-to ideal for firewood or hay. Recent updates—new roof, new septic, fresh interior paint, and perimeter fencing—provide peace of mind. With wide-open views, quiet surroundings, and plenty of room to roam, this property delivers the perfect blend of privacy, practicality, and Colorado living.
Last Agent to Sell the Property
Keller Williams Colorado West Realty Listed on: 10/01/2025
Last Buyer's Agent
Montrose NON MEMBER
NON-MEMBER/FSBO Montrose
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,921
Year Built
- Built in 1994
Lot Details
- 1.96 Acre Lot
- Irrigation
Home Design
- 2-Story Property
- Brick Exterior Construction
- Asphalt Roof
- Stick Built Home
Interior Spaces
- 5,486 Sq Ft Home
- Window Treatments
- Family Room
- Living Room with Fireplace
- Dining Room
- Partially Finished Basement
- Fireplace in Basement
- Dryer
Kitchen
- Built-In Oven
- Microwave
- Dishwasher
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
Parking
- 6 Car Attached Garage
- Garage Door Opener
- RV or Boat Parking
Schools
- Broadway K-5 Elementary School
- Fruita 6-8 Middle School
- Fruita Monument 9-12 High School
Farming
- 2 Irrigated Acres
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Irrigation Water Rights
- Septic Tank
- Septic System
- Internet Available
- Phone Available
- Cable TV Available
Community Details
- Rainbow Ranch Subdivision
Listing and Financial Details
- Assessor Parcel Number 294723203032
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
Oct 1, 2025
Closed on
Nov 20, 2025
Sold by
Santistevan Family Trust and Santistevan Trudy Raeola
Bought by
Seller's Agent
Daniel Ashurst
Keller Williams Colorado West Realty
Buyer's Agent
Montrose NON MEMBER
NON-MEMBER/FSBO Montrose
List Price
$1,250,000
Sold Price
$905,000
Premium/Discount to List
-$345,000
-27.6%
Views
286
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,946
Avg. Annual Appreciation
8.18%
Original Mortgage
$724,000
Outstanding Balance
$719,162
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$243,821
Purchase Details
Closed on
May 12, 2022
Sold by
Santistevan Trudy R
Bought by
Santistevan Family Trust
Purchase Details
Closed on
May 17, 2001
Sold by
Johnson Louis Pierre and Johnson Kaye
Bought by
Santistevan Belarmino A and Santistevan Trudy R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.01%
Purchase Details
Closed on
Mar 22, 1999
Sold by
Johnson Louis Pierre and Johnson Pierre
Bought by
Johnson Louis Pierre and Johnson Kaye
Purchase Details
Closed on
Feb 25, 1994
Sold by
Johnson Pierre
Bought by
Santistevan Belarmino A
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Redlands, CO
-
THE JOE REED TEAM
-
Julie Adams
Julie Adams
LIFESTYLE LIVING REAL ESTATE, LLC
(970) 986-6208
81 Total Sales
9 in Redlands
$310K - $975K Price Range
-
Bill Needham
Bill Needham
RE/MAX 4000, INC
(970) 650-5486
32 Total Sales
4 in Redlands
$435K - $855K Price Range
-
Mandy Rush
Mandy Rush
RE/MAX 4000 Inc.
(970) 628-3694
278 Total Sales
18 in Redlands
$360K - $1.2M Price Range
-
The Real Estate Rob Team
The Real Estate Rob Team
RONIN REAL ESTATE PROFESSIONALS ERA POWERED
(970) 296-5344
169 Total Sales
6 in Redlands
$285K - $740K Price Range
-
Shannon Sneddon
Shannon Sneddon
RE/MAX 4000, INC
(970) 822-0393
104 Total Sales
3 in Redlands
$163K - $862K Price Range
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 |
|---|---|---|---|
| $905,000 | None Listed On Document | ||
| Santistevan Family Trust | -- | None Listed On Document | |
| Santistevan Belarmino A | $395,000 | -- | |
| Johnson Louis Pierre | -- | -- | |
| Santistevan Belarmino A | -- | -- |
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 | $724,000 | ||
| Previous Owner | Santistevan Belarmino A | $275,000 |
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 |
|---|---|---|---|---|
| 11/20/2025 11/20/25 | Sold | $905,000 | -9.4% | $165 / Sq Ft |
| 10/05/2025 10/05/25 | Price Changed | $999,000 | -20.1% | $182 / Sq Ft |
| 10/01/2025 10/01/25 | For Sale | $1,250,000 | -- | $228 / Sq Ft |
Source: Colorado Real Estate Network (CREN)
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 | $3,247 | $51,080 | $9,380 | $41,700 |
| 2024 | $3,875 | $61,540 | $7,590 | $53,950 |
| 2023 | $3,875 | $61,540 | $7,590 | $53,950 |
| 2022 | $2,971 | $48,340 | $7,300 | $41,040 |
| 2021 | $3,072 | $49,730 | $7,510 | $42,220 |
| 2020 | $2,449 | $42,290 | $7,510 | $34,780 |
| 2019 | $2,296 | $42,290 | $7,510 | $34,780 |
| 2018 | $2,336 | $39,540 | $7,200 | $32,340 |
| 2017 | $1,963 | $39,540 | $7,200 | $32,340 |
| 2016 | $1,963 | $38,430 | $7,960 | $30,470 |
| 2015 | $1,979 | $38,430 | $7,960 | $30,470 |
| 2014 | $1,649 | $33,360 | $7,960 | $25,400 |
Source: Public Records
Agents Affiliated with this Home
-
Daniel Ashurst
Seller's Agent in 2025
Daniel Ashurst
Keller Williams Colorado West Realty
(970) 234-1011
3 in this area
29 Total Sales
-
MN
Buyer's Agent in 2025
Montrose NON MEMBER
NON-MEMBER/FSBO Montrose
Map
Source: Colorado Real Estate Network (CREN)
MLS Number: 828913
APN: 2947-232-03-032
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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