$969,000
SOLD FEB 14, 2025

421 Rainbow Dr Unit 10 Silverthorne, CO 80498

2 Beds
2 Baths
1,039 Sq Ft
$684/mo HOA Fee

Recently Sold

$933 Per Sq Ft

8% Below List Price

304 Days on Market

Highlights

  • River View
  • Property is near public transit
  • Great Room
  • 1.3 Acre Lot
  • Furnished
  • 3-minute walk to Rainbow Park

About This Home

As of February 2025

INVESTORS!! Second Homeowners!! Check out this beautiful turn-key condo overlooking the Blue River. BEST LOCATION in Silverthorne with the rec center, town hall, Theater Silco, and plenty of great restaurants within 2 blocks. This gorgeous Rivers Edge home has alder trim & cabinets; quartz countertops, subway tile backsplash, Whirlpool appliances including a gas cooktop in K; luxury vinyl plank flooring throughout the living areas; tile flooring and travertine marble tub/shower surrounds; walk-in closets BR's; upgraded light fixtures; in-unit washer/dryer; hot tub ready covered deck for apres ski evenings while overlooking the Blue River; panoramic views include Peak 1, Buffalo and Red Mountains. Secure, private 2-car tandem garage with "lift" for your gear completes this wonderful home. Common area includes a lounge with pool table.

Last Agent to Sell the Property

Henry Barr

RE/MAX Properties of the Summit Brokerage Email: thebarrteam@henryebarr.com License #EA230071 Listed on: 02/16/2024

RE/MAX Properties of the Summit

Co-Listed By

Mike Bohlender

RE/MAX Properties of the Summit Brokerage Email: thebarrteam@henryebarr.com License #IA100066130

Last Buyer's Agent

Agent Not In Board

NON-BOARD OFFICE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,692

Year Built

  • Built in 2015

HOA Fees

  • $684 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Pad

Property Views

  • River
  • Creek or Stream
  • Mountain

Home Design

  • Entry on the 2nd floor
  • Membrane Roofing
  • Cement Siding

Interior Spaces

  • 1,039 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Gas Fireplace
  • Great Room

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Central Heating
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Hot Water Heating System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • River Front
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 6517326

Community Details

Overview

  • Association fees include common area maintenance, gas, heat, insurance, sewer, snow removal, trash, water
  • Rivers Edge Community
  • Rivers Edge Condo Subdivision

Amenities

  • Public Transportation

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,692

Year Built

Built in 2015

Lot Details

0

HOA Fees

$684 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Frontage Type: River
  • Lot Size Acres: 1.3046
  • Road Surface Type: Paved
  • Co List Office Mls Id: 1066
  • Co List Office Phone: (970) 668-5300
  • Subdivision Name: RIVERS EDGE CONDO
  • Directions: I-70 to Exit 205 (Silverthorne), N on Blue River Parkway/Highway 9 and turn R at Wendy's onto Rainbow Drive. Drive about .34 miles, building on the left. Park at N end of building and walk on sidewalk that is adjacent to west side of building (the river side). Look for door "3, 4, 10, 11" and use key pad to enter building. Go up stairs to enter unit. Go left down hallway to see garage.
  • Building Name: Rivers Edge
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: One
  • Year Built: 2015
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Gas Cooktop, Disposal, Gas Range, Microwave, Washer, Washer/Dryer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Luxury Vinyl, Luxury VinylTile, Tile
  • Interior Amenities: Fireplace
  • Living Area: 1039.0
  • Dining Room Type: Great Room
  • Stories: 3

Exterior Features

  • Lot Features: City Lot, Near Public Transit
  • View: Mountain(s), River, Creek/Stream
  • View: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Exclusions: No
  • Construction Type: Cement Siding
  • Property Condition: Resale
  • Roof: Membrane

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage, Parking Pad

Utilities

  • Laundry Features: In Unit
  • Green Building Features: See Remarks
  • Heating: Central, Hot Water, Natural Gas, Radiant
  • Heating Yn: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available, Sewer Available, Trash Collection, Water Available, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation
  • Association Fee: 8208.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Owner Only, Pet Restrictions

Fee Information

  • Association Fee Includes: Common Area Maintenance, Gas, Heat, Insurance, Sewer, Snow Removal, Trash, Water

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 56828.38
  • Parcel #: 6517326
  • Zoning Description: Multi-Family

Green Features

  • Green Building Verification Type: Unknown

Tax Info

  • Tax Annual Amount: 3692.0
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Feb 18, 2025
Sold by
Robinson Mark A
Bought by
Emax Holding I Llc
Seller's Agent
Henry Barr
RE/MAX Properties of the Summit
Buyer's Agent
Agent Not In Board
NON-BOARD OFFICE
List Price
$1,050,000
Sold Price
$969,000
Premium/Discount to List
-$81,000
-7.71%
Views
29
Current Estimated Value
$988,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,635
Avg. Annual Appreciation
3.52%

Purchase Details

Closed on
Nov 30, 2022
Sold by
Jaimes Adrian
Bought by
Ddn & M Llc

Purchase Details

Closed on
Aug 25, 2022
Sold by
Andrew Kern
Bought by
Andrew

Purchase Details

Listed on
Mar 20, 2016
Closed on
Oct 3, 2017
Sold by
4Th On 4Th Ltd
Bought by
Robinson Mark A
Seller's Agent
Tate Santee
The Real Estate Group
Buyer's Agent
Mike Bohlender
RE/MAX Properties of the Summit
List Price
$535,000
Sold Price
$535,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.03%
Original Mortgage
$401,250
Interest Rate
3.86%
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 $969,000 Land Title
Warranty Deed $1,220,000 Land Title
Quit Claim Deed -- --
Warranty Deed $535,000 Land Title Guarantee Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $401,250 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2025 02/14/25 Sold $969,000 -4.9% $933 / Sq Ft
12/17/2024 12/17/24 Pending -- -- --
11/13/2024 11/13/24 Price Changed $1,019,000 -3.0% $981 / Sq Ft
07/25/2024 07/25/24 For Sale $1,050,000 0.0% $1,011 / Sq Ft
07/24/2024 07/24/24 Pending -- -- --
05/07/2024 05/07/24 Price Changed $1,050,000 -2.3% $1,011 / Sq Ft
02/16/2024 02/16/24 For Sale $1,075,000 +100.9% $1,035 / Sq Ft
10/03/2017 10/03/17 Sold $535,000 0.0% $515 / Sq Ft
09/03/2017 09/03/17 Pending -- -- --
03/20/2016 03/20/16 For Sale $535,000 -- $515 / Sq Ft
Source: Summit 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 $3,493 $68,347 -- $68,347
2023 $3,493 $64,662 $0 $0
2022 $2,521 $44,126 $0 $0
2021 $2,543 $45,395 $0 $0
2020 $2,086 $39,770 $0 $0
2019 $2,057 $39,770 $0 $0
2018 $1,824 $34,168 $0 $0
2017 $743 $15,228 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Summit MLS

MLS Number: S1046586

Summit MLS

APN: 6517326