$639,000
SOLD FEB 18, 2025
Last list price

340 Rainbow Ln Unit E Midway, UT 84049

3 Beds
2.5 Baths
2,406 Sq Ft
$360/mo HOA Fee

Recently Sold

$266 Per Sq Ft

77 Days on Market

Highlights

  • Golf Course View
  • A-Frame Home
  • Vaulted Ceiling
  • Midway Elementary School Rated A-
  • Deck
  • Wood Flooring

About This Home

As of February 2025

Welcome home to this beautifully appointed townhouse, perfectly located on the 11th hole of the prestigious Homestead golf course. This unique property offers incredible flexibility, featuring two units in one: a total of three spacious bedrooms and two and a
half bathrooms. Whether you choose to use it as a primary residence, a nightly rental, or a combination of both—you'll enjoy a range of options to fit your lifestyle. The south-facing design allows for abundant natural light, enhancing the open living spaces. Key features include:
Two cozy fireplaces
A large main-level ensuite primary bedroom
A sunny deck overlooking expansive open space and the golf course, perfect for barbecues and summer gatherings

Nestled in a private and tranquil location, this townhouse provides a serene escape
from the hustle and bustle yet remains conveniently close to all the amenities Midway has to offer. Don't miss out on this rare opportunity!

Last Agent to Sell the Property

Brad Jensen

Coldwell Banker Realty (Park City-NewPark) License #5480749-AB00 Listed on: 11/11/2024

Coldwell Banker Realty (Park City-NewPark)

Co-Listed By

Ashley Rhodes

Coldwell Banker Realty (Park City-NewPark) License #13317788-SA00

Last Buyer's Agent

Non Agent

Non Member

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,385

Year Built

  • Built in 1994

Lot Details

  • 871 Sq Ft Lot
  • Property fronts a private road
  • Natural State Vegetation

HOA Fees

  • $360 Monthly HOA Fees

Property Views

  • Golf Course
  • Mountain

Home Design

  • A-Frame Home
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Stone Siding
  • Concrete Perimeter Foundation
  • Stucco
  • Stone

Interior Spaces

  • 2,406 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Self Contained Fireplace Unit Or Insert
  • Gas Fireplace
  • Family Room
  • Dining Room
  • Crawl Space

Kitchen

  • Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • No Garage
  • Assigned Parking

Eco-Friendly Details

  • Drip Irrigation

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater

Community Details

  • Association fees include maintenance exterior, ground maintenance, management fees, reserve/contingency fund, sewer, snow removal, water
  • Association Phone (801) 550-4461
  • Midway Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00-0014-3896

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,385

Year Built

Built in 1994

Lot Details

0

HOA Fees

$360 per month

Listing Details

  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Property Sub Type: Townhouse
  • Lot Size Acres: 0.02
  • Co List Office Mls Id: 3405
  • Co List Office Phone: 435-602-4800
  • Subdivision Name: Midway
  • Architectural Style: A Frame/Chalet
  • New Construction: No
  • Year Built: 1994
  • ResoBuildingAreaSource: PublicRecords
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: 00-0014-3896
  • Property Info:Apx Taxes: 4385.0
  • Property Info:Tax Year2: 2024
  • Property Info:Access: Year Round
  • Property Description:Natural Vegetation: Yes
  • Views:Mountain(s): Yes
  • Sewage:Public Sewer: Yes
  • Water:Public2: Yes
  • Road Frontage Type:Private Road: Yes
  • Views:Golf Course: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Property Info:Construction New: No
  • Property Info:Total Half Baths2: 1
  • Property Info:Total Fireplaces: 2
  • Property Info:Accessory Dwelling Unit YN: No
  • Size of HouseLot:Apx SqFt Finished: 2406.0
  • Size of HouseLot:Apx Acres2: 0.02
  • Exterior:Stone: Yes
  • Foundation:Concrete Perimeter: Yes
  • Roof:Asphalt: Yes
  • Roof:Shingle: Yes
  • Cooling:Central Air: Yes
  • Equipment:Water Heater - Gas: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring:Tile: Yes
  • Flooring:Wood2: Yes
  • Room Totals:Family Room7: 2
  • Room Totals:Fireplace8: 2
  • Size of HouseLot:Apx Lot Size (SqFt)2: 871.0
  • Flooring:Stone2: Yes
  • Dining Area:Informal Dining: Yes
  • Exterior:Stucco: Yes
  • Other Park Type:Assigned: Yes
  • Style:A FrameChalet: Yes
  • Room Totals:Laundry8: 1
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Oven, Refrigerator, Washer/Dryer Stacked
  • Has Basement: Crawl Space
  • Flooring: Stone, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Main Level Master Bedroom, Vaulted Ceiling(s)
  • Other Equipment: Water Heater - Gas
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Insert
  • Fireplaces: 2
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Main Level Master Bedroom: Yes
  • Number of Fireplaces Gas: Yes
  • Appliances:WasherDryer Stacked: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Basement:Crawl Space: Yes
  • Appliances:Electric Range: Yes
  • Fireplaces:Insert: Yes

Exterior Features

  • Exterior Features: Balcony, Deck(s), Drip Irrigation
  • Roof: Asphalt, Shingle
  • Lot Features: Natural Vegetation
  • View: Golf Course, Mountain(s)
  • Construction Type: Stone, Stucco
  • Foundation Details: Concrete Perimeter
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Balcony: Yes
  • Exterior Features:Drip Irrigation: Yes
  • Construction:Frame - Wood: Yes

Garage/Parking

  • OtherParkTypeParkingSpaces: 2
  • Attached Garage: No
  • Parking Features: Assigned, No Garage
  • Garage Type:None14: Yes

Utilities

  • Cooling: Air Conditioning, Central Air
  • Heating: Forced Air
  • Utilities: Electricity Connected, Natural Gas Connected
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Air Conditioner: Yes

Association/Amenities

  • MembershipAmenitiesMembershipAvailable: No
  • AssociationOccupant:HOA Dues: Yes
  • AssociationOccupant:HOA Dues2: 360.0
  • AssociationOccupant:HOA Dues Frequency: Monthly
  • AssociationOccupant:HOA Contact: Norm Henderson
  • AssociationOccupant:HOA Contact Phone: 801-550-4461
  • AssociationOccupant:Currently Occupied: Call Listing Agent
  • Association Fees Included:Management Fees: Yes
  • Association Fees Included:ReserveContingency Fund: Yes
  • Association Fees Included:Snow Removal: Yes
  • Association Fees Included:Maintenance Exterior: Yes
  • Association Fees Included:Maintenance Grounds: Yes
  • Association Fees Included:Sewer: Yes
  • Association Fees Included:Water: Yes

Condo/Co-op/Association

  • Association Fee: 360.0
  • Association Fee Frequency: Monthly
  • Phone: 801-550-4461
  • Association: Yes

Fee Information

  • Association Fee Includes: Maintenance Exterior, Maintenance Grounds, Management Fees, Reserve/Contingency Fund, Sewer, Snow Removal, Water

Lot Info

  • Lot Size Sq Ft: 871.0
  • Parcel #: 00-0014-3896
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 4385.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2024
Closed on
Feb 18, 2025
Sold by
Karen Nanette Dunlap Living Trust and Dunlap Adrienne Marie
Bought by
Midway Chalet Llc
Seller's Agent
Brad Jensen
Coldwell Banker Realty (Park City-NewPark)
Buyer's Agent
Non Agent
Non Member
List Price
$659,000
Views
37
Current Estimated Value
$601,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.49%
Original Mortgage
$567,945
Outstanding Balance
$566,540
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$41,782

Purchase Details

Closed on
Nov 3, 2021
Sold by
Dunlap Karen Nanette
Bought by
Dunlap Karen Nanette and Karen Nanette Dunlap Living Trust

Purchase Details

Closed on
Jun 27, 2019
Sold by
Edwards Shane
Bought by
Dunlap Karen Nanette

Purchase Details

Closed on
May 8, 2015
Sold by
Humphries William B and Humphries Jennifer Y
Bought by
Edwards Shane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 19, 2013
Closed on
Aug 13, 2013
Sold by
Scheib F Allan and Scheib Dawna
Bought by
Humphires William B and Humphires Jennifer Y
Seller's Agent
William Bustos
KW Utah Realtors Keller Williams
Buyer's Agent
Unknown Member
MarketLinx
List Price
$199,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.07%
Original Mortgage
$178,900
Interest Rate
4.33%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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

Date Type Sale Price Title Company
Warranty Deed -- First American Title
Interfamily Deed Transfer -- None Available
Warranty Deed -- First American Title Ins Co
Warranty Deed -- Title One
Warranty Deed -- First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $567,945 New Conventional
Previous Owner $198,000 New Conventional
Previous Owner $178,900 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2025 02/18/25 Sold -- -- --
01/27/2025 01/27/25 Pending -- -- --
12/16/2024 12/16/24 Price Changed $639,000 -3.0% $266 / Sq Ft
11/11/2024 11/11/24 For Sale $659,000 +229.8% $274 / Sq Ft
08/16/2013 08/16/13 Sold -- -- --
07/12/2013 07/12/13 Pending -- -- --
01/24/2013 01/24/13 For Sale $199,800 -- $83 / Sq Ft
Source: Park City Board of REALTORS®

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 $4,385 $481,200 $200,000 $281,200
2023 $4,941 $530,250 $200,000 $330,250
2022 $2,924 $530,250 $200,000 $330,250
2021 $2,215 $310,400 $75,000 $235,400
2020 $2,284 $310,400 $75,000 $235,400
2019 $1,984 $162,072 $0 $0
2018 $1,846 $150,839 $0 $0
2017 $1,354 $110,000 $0 $0
2016 $1,389 $110,000 $0 $0
2015 $1,319 $110,000 $0 $0
2014 $2,496 $110,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Park City Board of REALTORS®

MLS Number: 12404480

Park City Board of REALTORS®

APN: 00-0014-3896