NOT LISTED FOR SALE

2487 Rainbow Dr Unit 54 Denver, CO 80229

Welby Neighborhood

Estimated Value: $284,000 - $306,000

3 Beds
1.5 Baths
1,188 Sq Ft
$248/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $275,000 $231 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,995/month

9 Days on Market

Highlights

  • Clubhouse
  • 2 Car Garage
  • Carpet
  • Forced Air Heating and Cooling System
  • Wood Fence

About This Home

As of August 2021

Bright, roomy end unit in conveniently located complex. 3 BRs & 1 full bath up, plus 1/2 bath on main. Private, enclosed back patio with extra storage space. 1 carport sp. & 1 off-street reserved sp. included. Newer carpet. Was a rental for 8 yrs. Could use updating but is move-in ready as is. Great opportunity for someone to make it their own. Buyer to verify all details, incl. schools & HOA mgt., fees, & amenities.

Last Agent to Sell the Property

Kae Krueger

CapRock Corp Listed on: 06/09/2021

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,465

Year Built

  • Built in 1975

Lot Details

  • 936 Sq Ft Lot
  • Wood Fence

HOA Fees

  • $286 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Carport

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,188 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Monterrey Elementary School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number R0055296

Community Details

Overview

  • Association fees include common amenities, trash, snow removal, ground maintenance, management, utilities, maintenance structure, water/sewer
  • Devonshire Square Subdivision

Amenities

  • Clubhouse

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,465

Year Built

Built in 1975

Lot Details

0

HOA Fees

$286 per month

Parking

2

Listing Details

  • Year Built: 1975
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Attached Dwelling
  • Horses: No
  • Lot Size Acres: 0.02
  • Subdivision Name: Devonshire Square
  • Above Grade Finished Sq Ft: 1188
  • Garage Yn: Yes
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Townhouse
  • Kitchen Level: Main
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 1188
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Appliances: Electric Range/Oven, Dishwasher, Refrigerator
  • Has Basement: None
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 1188
  • Window Features: Window Coverings
  • IRESDS_HasFamilyRoom: No
  • Master Bedroom Master Bedroom Level: Upper
  • Master Bedroom Features: Carpet
  • Room Kitchen Features: Vinyl Floor
  • Master Bathroom Features: Shared Primary Bath
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition
  • Fencing: Fenced, Wood
  • Waterfront: No
  • Construction Type: Wood/Frame
  • Property Condition: Not New, Previously Owned

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • IRESDS_GarageType: Carport

Utilities

  • Cooling: Central Air
  • Electric: Electric, Xcel
  • Heating: Forced Air
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Washer/Dryer Hookups
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, HOA
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • HOA Fee Includes: Common Amenities, Trash, Snow Removal, Maintenance Grounds, Management, Utilities, Maintenance Structure, Water/Sewer
  • Community Features: Clubhouse
  • Senior Community: No
  • Association Fee: 286
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • IRESDS_HasAssociationReserve: Yes
  • IRESDS_HasAssociationFee: Yes

Schools

  • Elementary School: Monterrey
  • HighSchool: OTHER
  • Junior High Dist: Mapleton 1
  • Middle Or Junior School: OTHER

Lot Info

  • Zoning: Townhouse
  • Lot Size Sq Ft: 936
  • Parcel #: R0055296
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1465

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2022
Sold by
Ross Clifton Creighton
Bought by
Juarez Miguel Pantoja
Current Estimated Value
$294,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Outstanding Balance
$241,093
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$68,242

Purchase Details

Listed on
Jun 9, 2021
Closed on
Aug 5, 2021
Sold by
Perry Paul Llc
Bought by
Clifton Creighton and Hicxox Ashley
Seller's Agent
Kae Krueger
CapRock Corp
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.87%
Original Mortgage
$184,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 9, 2021
Closed on
Jul 22, 2021
Sold by
Pinnacle Investment Holdings Llc
Bought by
Perry Paul Llc
Seller's Agent
Kae Krueger
CapRock Corp
Buyer's Agent
Non-IRES Agent
Non-IRES
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2014
Sold by
Pinnacle Investment Holdings Llc
Bought by
Perry Paul Llc

Purchase Details

Closed on
Mar 26, 2013
Sold by
Nelson Sean and Nelson Wayne D
Bought by
Pinnacle Investment Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 21, 2003
Sold by
Ruffin Rhonda L
Bought by
Nelson Sean and Nelson Wayne D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,991
Interest Rate
5.51%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 21, 2002
Sold by
Ruffin Rhonda L and Ball Therese
Bought by
Ruffin Rhonda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,100
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2000
Sold by
Ruffin Rhonda L
Bought by
Ruffin Rhonda L and Ball Therese

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,125
Interest Rate
8.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 6, 2000
Sold by
Roxanne Cope
Bought by
Ruffin Rhonda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,125
Interest Rate
8.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 1996
Sold by
Critchfield Dorreta F
Bought by
Cope Roxanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,894
Interest Rate
8.42%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 30, 1994
Sold by
Guzman Jesus T and Riofrio Joe
Bought by
Critchfield Dorreta F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,450
Interest Rate
8.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 1991
Source: Public Records

Range of Values:

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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
Juarez Miguel Pantoja $315,000 Ascendant Title
Clifton Creighton $275,000 Land Title Guarantee Co
Perry Paul Llc -- Land Title Guarantee Co
Perry Paul Llc -- None Available
Pinnacle Investment Holdings Llc $60,000 First American
Nelson Sean $130,000 Empire Title & Escrow
Ruffin Rhonda L -- --
Ruffin Rhonda L -- --
Ruffin Rhonda L $112,500 --
Cope Roxanne $69,950 --
Critchfield Dorreta F $48,900 Land Title
-- $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Juarez Miguel Pantoja $252,000
Previous Owner Clifton Creighton $265,109
Previous Owner Perry Paul Llc $300,000
Previous Owner Pinnacle Investment Holdings Llc $48,000
Previous Owner Nelson Sean $127,991
Previous Owner Ruffin Rhonda L $115,100
Previous Owner Ruffin Rhonda L $109,125
Previous Owner Cope Roxanne $67,894
Previous Owner Critchfield Dorreta F $46,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2021 11/04/21 Off Market $275,000 -- --
08/06/2021 08/06/21 Sold $275,000 -3.5% $231 / Sq Ft
06/09/2021 06/09/21 For Sale $285,000 -- $240 / Sq Ft
Source: IRES 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 $1,775 $17,880 $3,940 $13,940
2023 $1,764 $21,170 $3,380 $17,790
2022 $1,723 $15,980 $700 $15,280
2021 $1,622 $15,980 $700 $15,280
2020 $1,465 $14,610 $720 $13,890
2019 $1,472 $14,610 $720 $13,890
2018 $1,276 $11,960 $720 $11,240
2017 $1,253 $11,960 $720 $11,240
2016 $730 $6,820 $800 $6,020
2015 $645 $6,820 $800 $6,020
2014 -- $4,870 $800 $4,070
Source: Public Records

Agents Affiliated with this Home

  • Kae Krueger

    Seller's Agent in 2021

    Kae Krueger

    CapRock Corp

    (303) 579-6949

    1 in this area

    10 Total Sales

    Kae Krueger
    Section Image

  • N

    Buyer's Agent in 2021

    Non-IRES Agent

    CO_IRES

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Map

Source: IRES MLS

MLS Number: 942524

IRES MLS

APN: 1719-25-2-14-047

Colorado Adams County Denver 80229 Welby

2487 Rainbow Dr Unit 54, Denver, CO

This home is located at 2487 Rainbow Dr Unit 54, Denver, CO 80229 since 09 June 2021 and is currently estimated at $294,540, approximately $247 per square foot. This property was built in 1975. 2487 Rainbow Dr Unit 54 is a home located in Adams County with nearby schools including Trailside Academy.

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.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

Listing information is provided exclusively for consumers' 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 deemed reliable but not guaranteed by the MLS.

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