NOT LISTED FOR SALE

421 Rainbow Dr Unit 17 Silverthorne, CO 80498

Estimated Value: $1,318,000 - $1,672,000

4 Beds
3 Baths
1,646 Sq Ft
$628/mo HOA Fee

Last Sold December 07, 2021

Last sale price $1,300,000 $790 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $8,651/month

16 Days on Market

Highlights

  • Mountain View
  • Stream or River on Lot
  • Wood Flooring
  • Property is near public transit
  • Vaulted Ceiling
  • 3-minute walk to Rainbow Park

About This Home

As of December 2021

GORGEOUS RARE 4BD condo located directly across from the Silverthorne Rec Center. This PENTHOUSE unit is immaculate with high-end finishes & even includes a PRIVATE ELEVATOR, AIR CONDITIONING, WHOLE HOUSE HUMIDIFER, & 2 CAR TANDEM GARAGE! Upgrades abound with quality wood floors, gas oven, soft close cabinets, vaulted ceilings, remote controlled blinds & more. Complex runs adjacent to the Blue River & running/biking trail with a bridge to walk easily into many areas of town. This one won't last!

Last Agent to Sell the Property

Laura M Fisher

Ski Colorado Real Estate, LLC License #ER100024962 Listed on: 10/21/2021

Last Buyer's Agent

Anne Marie Ohly

Omni Real Estate License #ER326911

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,928

Year Built

  • Built in 2015

HOA Fees

  • $628 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Entry on the 3rd floor
  • Concrete Foundation
  • Asphalt Roof

Interior Spaces

  • 1,646 Sq Ft Home
  • 3-Story Property
  • Partially Furnished
  • Vaulted Ceiling
  • Gas Fireplace
  • Mountain Views

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • Stream or River on Lot
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 6517610

Community Details

Overview

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

Amenities

  • Public Transportation

Recreation

  • Trails

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,928

Year Built

Built in 2015

Lot Details

0

HOA Fees

$628 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: RIVERS EDGE CONDO
  • Directions: From Hwy 6, turn North onto Rainbow Drive at Wendy's. Park on Rainbow Dr opposite the Silverthorne Rec Center. Look for the red door with the numbers 16, 17, 24, & 25. Go to 17 on top floor.
  • Entry Level: 3
  • Garage Yn: Yes
  • Unit Levels: Three Or More
  • Year Built: 2015
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Appliances: Dishwasher, Gas Cooktop, Disposal, Gas Range, Microwave, Refrigerator, Dryer, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Elevator, Fireplace, Jetted Tub, Vaulted Ceiling(s)
  • Living Area: 1646.0

Exterior Features

  • Lot Features: City Lot, Near Public Transit, Stream/Creek
  • View: Mountain(s)
  • View: Yes
  • Exclusions: No
  • Foundation Details: Poured
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • 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, Sewer Available, Trash Collection, Water Available, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Trails/Paths, Public Transportation
  • Association Fee: 628.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Owner Only, Pet Restrictions

Fee Information

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

Lot Info

  • Parcel #: 6517610
  • Zoning Description: Planned Unit Development

Tax Info

  • Tax Annual Amount: 2927.52
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2024
Sold by
Mah Elaine
Bought by
Elaine Mah Living Trust
Current Estimated Value
$1,459,433

Purchase Details

Listed on
Oct 21, 2021
Closed on
Dec 7, 2021
Sold by
Tomaswick Joseph K and Tomaswick Elizabeth C
Bought by
Mah Elaine
Seller's Agent
Laura M Fisher
Ski Colorado Real Estate, LLC
Buyer's Agent
Anne Marie Ohly
Omni Real Estate
List Price
$1,300,000
Sold Price
$1,300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.90%
Original Mortgage
$23,833
Interest Rate
2.62%
Mortgage Type
New Conventional
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
Elaine Mah Living Trust -- None Listed On Document
Mah Elaine $1,300,000 Land Title Guarantee
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mah Elaine $23,833
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/07/2021 12/07/21 Sold $1,300,000 0.0% $790 / Sq Ft
11/07/2021 11/07/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $1,300,000 +79.3% $790 / Sq Ft
12/05/2017 12/05/17 Sold $725,000 0.0% $423 / Sq Ft View Prior Sale
11/05/2017 11/05/17 Pending -- -- --
08/14/2015 08/14/15 For Sale $725,000 -- $423 / 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 $4,788 $96,252 -- $96,252
2023 $5,001 $92,567 $0 $0
2022 $3,278 $57,365 $0 $0
2021 $3,306 $59,016 $0 $0
2020 $2,928 $55,823 $0 $0
2019 $2,887 $55,823 $0 $0
2018 $2,530 $47,398 $0 $0
2017 $878 $17,976 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Summit MLS

MLS Number: S1031285

Summit MLS

APN: 6517610