NOT LISTED FOR SALE

2427 Rainbow Dr Unit 28 Denver, CO 80229

Welby Neighborhood

Estimated Value: $272,713 - $287,000

2 Beds
1 Bath
960 Sq Ft
$290/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $260,000 $271 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,989/month

3 Days on Market

Highlights

  • Located in a master-planned community
  • Property is near public transit
  • Rustic Architecture
  • Open Floorplan
  • Vaulted Ceiling
  • Double Pane Windows

About This Home

As of August 2021

Absolutely great little townhouse unit in a great location in the complex! Backing to greenbelt with nice rear patio for entertaining. Many updates throughout this private unit that is in excellent condition and well maintained. New redwood steps to the front door, eye catching entry with split staircase going up and down. Main level boasts brand new luxury vinyl flooring throughout, updated kitchen with trendy blue cabinets, new countertops, sink and faucet, and all stainless steel appliances stay. Sunny kitchen window offers great light and great for herbs and plants! Open floorplan to spacious eating space with ceiling fan/light and living room with cozy fireplace including mantel, hearth and stone surround! Large sunny sliding door to rear deck and great grassy greenbelt ideal of kids, pets and hosting cookouts! Outdoor storage for all of life's stuff! Upper level offers 2 bedrooms, both with nice vaulted ceilings, ample closet space, fresh interior paint and an updated full bath! Stackable washer and dryer on upper level conveniently located. Super access to highway, public transportation, shopping and dining options. Complex offers greenspaces, ample parking options and overall well kept neighborhood! Don't miss this great opportunity to become a homeowner and start your path to building wealthy through real estate. This unit also makes for an ideal turn-key rental property for the ambitious type and has been loved by the long time owner! Come and see this cute unit and make it home!

Last Agent to Sell the Property

Amanda DiVito Parle

RE/MAX Alliance License #40033305 Listed on: 08/11/2021

RE/MAX Alliance

Last Buyer's Agent

Angel Rivas

Brokers Guild Real Estate License #40023001

Brokers Guild Real Estate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,383

Year Built

  • Built in 1984 | Remodeled

Lot Details

  • 936 Sq Ft Lot
  • Two or More Common Walls
  • West Facing Home
  • Landscaped

HOA Fees

  • $286 Monthly HOA Fees

Parking

  • 2 Parking Spaces

Home Design

  • Rustic Architecture
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Cedar

Interior Spaces

  • 960 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Window Treatments
  • Living Room with Fireplace
  • Vinyl Flooring

Kitchen

  • Oven
  • Range Hood
  • Dishwasher
  • Laminate Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Playground

Location

  • Ground Level
  • Property is near public transit

Schools

  • Monterey K-8 Elementary And Middle School
  • Mapleton Expedition High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 110 Volts
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Exclusions: staging
  • Assessor Parcel Number R0055277

Community Details

Overview

  • Association fees include gas, insurance, ground maintenance, sewer, snow removal, trash, water
  • 4 Units
  • Devonshire Square Association, Phone Number (866) 473-2573
  • Devonshire Square Community
  • Devonshire Square Subdivision
  • Located in a master-planned community
  • Greenbelt

Recreation

  • Community Playground
  • Park

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,383

Year Built

Built in 1984 | Remodeled

Lot Details

0

HOA Fees

$286 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Multi-Family
  • Architectural Style: Rustic Contemporary
  • Structure Type: Townhouse
  • Levels: Two
  • Building Name: Devonshire Square
  • Year Built: 1984
  • Above Grade Finished Sq Ft: 960
  • Entry Location: Ground
  • Exclusions: staging
  • Living Area: 960
  • Pets Allowed: Cats OK, Dogs OK
  • Property Condition: Updated/Remodeled
  • Directions: on the north side of the complex, one of the few cedar sided buildings. Park directly in front of the unit or find a visitor space!
  • SubdivisionName: Devonshire Square
  • Co List Office Mls Id: RECRMW10
  • Co List Office Phone: 303-420-5352
  • Ownership: Individual
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 0
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 1
  • REC_UpperLevelBedrooms: 2
  • Ratio Close Price By Original Li: 1.04000
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Oven, Range Hood, Refrigerator, Washer
  • Fireplaces: 1
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Laminate Counters, Open Floorplan, Vaulted Ceiling(s)
  • Flooring: Vinyl
  • Fireplace Features: Living Room, Wood Burning
  • Full Bathrooms: 1
  • Common Walls: 2+ Common Walls
  • Basement: No
  • Total Bedrooms: 2
  • Entry Level: 1
  • Window Features: Double Pane Windows, Window Coverings, Window Treatments

Exterior Features

  • Direction Faces: West
  • Foundation Details: Slab
  • Roof: Composition
  • Construction Materials: Cedar, Frame, Wood Siding
  • Exterior Features: Playground
  • Patio and Porch Features: Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1

Utilities

  • Utilities: Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Connected
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Water Source: Public
  • Electric: 110V
  • Laundry Features: In Unit, Laundry Closet

Condo/Co-op/Association

  • HOA Fee Includes: Gas, Insurance, Maintenance Grounds, Sewer, Snow Removal, Trash, Water
  • Association Name: Devonshire Square
  • Association Fee Frequency: Monthly
  • Association Amenities: Park, Playground
  • Association Fee: 286
  • Phone: 866-473-2573
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 3432.00
  • REC_AssociationFeeTotalAnnual: 3432.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_MultipleAssociationsYN: 0

Schools

  • Middle Or Junior School: Monterey K-8

Lot Info

  • Parcel Number: R0055277
  • Lot Size Acres: 0.02
  • Fencing: None
  • Building Area Total: 960
  • Lot Features: Greenbelt, Landscaped, Master Planned, Near Public Transit
  • Lot Size Sq Ft: 936
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1383

MLS Schools

  • Elementary School: Monterey K-8
  • High School: Mapleton Expedition

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Aug 31, 2021
Sold by
Hamilton David A
Bought by
Barajas Antonio
Seller's Agent
Amanda DiVito Parle
RE/MAX Alliance
Buyer's Agent
Angel Rivas
Brokers Guild Real Estate
List Price
$250,000
Sold Price
$260,000
Premium/Discount to List
$10,000
4%
Total Days on Market
3
Current Estimated Value
$278,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,178
Avg. Annual Appreciation
2.07%
Original Mortgage
$255,290
Outstanding Balance
$234,812
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$45,999

Purchase Details

Closed on
Apr 25, 2002
Sold by
Peter Ingeborg
Bought by
Hamilton David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,208
Interest Rate
7.11%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 16, 1997
Sold by
Pauls Revocable Trust
Bought by
Peter Peter R R and Peter Ingeborg
Source: Public Records

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Range of Values:

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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
Barajas Antonio $260,000 Homestead Title & Escrow
Hamilton David A $114,000 --
Peter Peter R R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barajas Antonio $255,290
Previous Owner Hamilton David A $113,698
Previous Owner Hamilton David A $112,208
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $260,000 +4.0% $271 / Sq Ft
08/14/2021 08/14/21 Pending -- -- --
08/11/2021 08/11/21 For Sale $250,000 -- $260 / Sq Ft
Source: REcolorado®

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 $1,702 $19,010 $3,130 $15,880
2023 $1,702 $20,560 $3,380 $17,180
2022 $1,649 $15,300 $700 $14,600
2021 $1,597 $15,300 $700 $14,600
2020 $1,383 $13,290 $720 $12,570
2019 $1,388 $13,290 $720 $12,570
2018 $1,245 $11,200 $720 $10,480
2017 $1,217 $11,200 $720 $10,480
2016 $705 $6,180 $800 $5,380
2015 $625 $6,180 $800 $5,380
2014 $411 $4,220 $800 $3,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 6775953

REcolorado®

APN: 1719-25-2-14-028