NOT LISTED FOR SALE

405 Rainbow Ln Midway, UT 84049

Estimated Value: $812,000 - $981,000

3 Beds
3 Baths
2,102 Sq Ft
$427/Sq Ft Est. Value

Last Sold January 02, 2020

Current estimated payment $5,086/month

199 Days on Market

Highlights

  • Golf Course View
  • Deck
  • Vaulted Ceiling
  • Midway Elementary School Rated A-
  • Secluded Lot
  • Wood Flooring

About This Home

As of January 2020

Bright open layout with golf course views! Great location offering .42 acres of secluded yard, mature trees and beautiful views, neighboring the Crater Springs Golf Course! 3 bedrooms, 3 bathrooms, roomy kitchen open to the family room. Mother in law suite on the lower level. Over-sized two car garage. Eligible for Nightly Rentals. Enjoy the year round charm of Midway City with multiple gold courses, fantastic restaurants, darling shops and endless recreation in the Wasatch Mountain State Park just minutes from your door!

Last Agent to Sell the Property

Jalayne Bassett

Equity RE (Luxury Group) License #219411-SA00 Listed on: 04/29/2019

Co-Listed By

Denise Peck

Equity RE (Luxury Group) License #5453508SA00

Last Buyer's Agent

Jalayne Bassett

Equity RE (Luxury Group) License #219411-SA00 Listed on: 04/29/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,123

Year Built

  • Built in 1994

Lot Details

  • 0.42 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Secluded Lot
  • Sloped Lot
  • Sprinkler System
  • Many Trees

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Property Views

  • Golf Course
  • Mountain

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Stone Siding
  • Stucco
  • Stone

Interior Spaces

  • 2,102 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Family Room
  • Wood Flooring

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • Association fees include insurance, management fees
  • Association Phone (435) 338-3326
  • Mountain Springs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 00-0014-4449

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,123

Year Built

Built in 1994

Lot Details

0

HOA Fees

$83 per month

Parking

2

Listing Details

  • MainLevelTotalsBedroom: 1
  • MainLevelTotalsFullBaths: 1
  • Prop. Type: Residential
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Property Sub Type: Detached
  • Lot Size Acres: 0.42
  • Co List Office Mls Id: EQUI
  • Co List Office Phone: 435-214-7232
  • Subdivision Name: Mountain Springs
  • Architectural Style: Multi-Story
  • New Construction: No
  • Year Built: 1994
  • ResoBuildingAreaSource: PublicRecords
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: 00-0014-4449
  • Property Info:Apx Taxes: 2123.0
  • Property Info:Tax Year2: 2018
  • Property Info:Access: Year Round
  • Property Description:Gradual Slope: Yes
  • Property Description:Secluded: Yes
  • Views:Mountain(s): Yes
  • Utilities:Cable Available: Yes
  • Sewage:Public Sewer: Yes
  • Water:Public2: Yes
  • Views:Golf Course: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Property Info:Construction New: No
  • Property Info:Total Fireplaces: 1
  • Size of HouseLot:Apx SqFt Finished: 2102.0
  • Size of HouseLot:Apx Acres2: 0.42
  • Exterior:Stone: Yes
  • Roof:Metal: Yes
  • Cooling:Central Air: Yes
  • Appliances Refrigerators: Yes
  • Flooring:Wood2: Yes
  • Room Totals:Family Room7: 1
  • Room Totals:Fireplace8: 1
  • Size of HouseLot:Apx Lot Size (SqFt)2: 18295.0
  • Style:Multi-Story: Yes
  • Exterior:Stucco: Yes
  • Upper Level 2 Totals:Full Baths4: 2
  • Upper Level 2 Totals:Fireplace5: 1
  • Upper Level 2 Totals:Family Room4: 1
  • Foundation:Slab: Yes
  • Main Level Totals:Laundry2: 1
  • Room Totals:Laundry8: 1
  • Property Description:Cul-De-Sac2: Yes
  • Property Description:Many Trees: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator
  • Flooring: Wood
  • Interior Amenities: Vaulted Ceiling(s), Washer Hookup
  • Other Equipment: Garage Door Opener
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Interior Features:Washer Hookup: Yes
  • Number of Fireplaces Gas: Yes
  • Interior Features:Vaulted Ceiling(s): Yes

Exterior Features

  • Exterior Features: Deck(s), Landscaped - Fully, Lawn Sprinkler - Full
  • Roof: Metal
  • Lot Features: Many Trees, Cul-De-Sac, Gradual Slope, Secluded
  • View: Golf Course, Mountain(s)
  • Construction Type: Stone, Stucco
  • Foundation Details: Slab
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Landscaped - Fully: Yes
  • Exterior Features:Lawn Sprinkler - Full: Yes
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Property Info:Parking Spaces Covered: 2
  • Equipment:Garage Door Opener: Yes

Utilities

  • Cooling: Air Conditioning, Central Air
  • Heating: Fireplace(s), Forced Air, Furnace, Natural Gas
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Air Conditioner: Yes
  • Heating:Fireplace(s): Yes

Condo/Co-op/Association

  • Association Fee: 1000.0
  • Association Fee Frequency: Annually
  • Phone: 435-338-3326
  • Association: Yes

Association/Amenities

  • AssociationOccupant:HOA Dues: Yes
  • AssociationOccupant:HOA Dues2: 1000.0
  • AssociationOccupant:HOA Dues Frequency: Annually
  • AssociationOccupant:HOA Contact: Jim Simmons
  • AssociationOccupant:HOA Contact Phone: 435-338-3326
  • AssociationOccupant:HOA Website: Jim Simmons
  • AssociationOccupant:Currently Occupied: Call Listing Agent
  • Association Fees Included:Insurance: Yes
  • Association Fees Included:Management Fees: Yes

Fee Information

  • Association Fee Includes: Insurance, Management Fees

Lot Info

  • Lot Size Sq Ft: 18295.0
  • Parcel #: 00-0014-4449
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2123.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2019
Closed on
Dec 31, 2019
Sold by
Gore Barry R and Barry R Gore 2000 Trust
Bought by
Zick Tyler Heath
Seller's Agent
Jalayne Bassett
Equity RE (Luxury Group)
Buyer's Agent
Jalayne Bassett
Equity RE (Luxury Group)
List Price
$549,000
Current Estimated Value
$897,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.32%
Original Mortgage
$476,100
Outstanding Balance
$420,653
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$476,547

Purchase Details

Closed on
Jul 27, 2007
Sold by
Perry Kent Earl
Bought by
Gore Barry R and Barry R Gore 2000 Trust

Purchase Details

Closed on
Jun 13, 2005
Sold by
Merrill Alma Brent
Bought by
Perry Kent Earl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
1%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Zick Tyler Heath -- Pinnacle Title
Gore Barry R -- Atlas Title Insurance
Perry Kent Earl -- Cottonwood Title Insurance A
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zick Tyler Heath $476,100
Previous Owner Perry Kent Earl $348,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2020 01/02/20 Sold -- -- --
11/15/2019 11/15/19 Pending -- -- --
04/29/2019 04/29/19 For Sale $549,000 -- $261 / 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
2025 $3,411 $672,950 $200,000 $472,950
2024 $3,373 $672,950 $200,000 $472,950
2023 $3,373 $672,950 $200,000 $472,950
2022 $3,711 $672,950 $200,000 $472,950
2021 $2,152 $301,600 $85,000 $216,600
2020 $2,220 $301,600 $85,000 $216,600
2019 $2,030 $165,880 $0 $0
2018 $2,030 $165,880 $0 $0
2017 $1,862 $151,250 $0 $0
2016 $1,909 $151,250 $0 $0
2015 $1,814 $151,250 $0 $0
2014 $1,888 $151,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Park City Board of REALTORS®

MLS Number: 11903491

Park City Board of REALTORS®

APN: 00-0014-4449