NOT LISTED FOR SALE

421 Rainbow Dr Unit 20 Silverthorne, CO 80498

Estimated Value: $953,000 - $1,004,000

2 Beds
2 Baths
1,014 Sq Ft
$393/mo HOA Fee

Last Sold May 17, 2021

Last sale price $780,000 $769 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,822/month

8 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Furnished
  • Vaulted Ceiling
  • Hydromassage or Jetted Bathtub
  • 3-minute walk to Rainbow Park

About This Home

As of May 2021

Exceptional 2-bedroom penthouse located in the heart of Silverthorne with a private elevator that opens directly into the unit, vaulted ceilings, private covered deck and 2-car heated garage with lots of storage. Completed in December of 2017 and never rented this condo looks and feels brand new with high-quality finishes and thoughtful touches. Wake up to breathtaking views of Buffalo from the bedrooms and spend the evenings on your large covered deck with views of The Williams Fork Range.

Last Agent to Sell the Property

Tate Santee

The Real Estate Group License #FA100057449 Listed on: 04/08/2021

Last Buyer's Agent

Kerri Karcz

Colorado R.E. Summit County License #EA40002580

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,818

Year Built

  • Built in 2015

HOA Fees

  • $393 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,014 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Vaulted Ceiling
  • Gas Fireplace
  • Mountain Views

Kitchen

  • Gas Range
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Utilities

  • Radiant Heating System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 6517613

Community Details

Overview

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

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,818

Year Built

Built in 2015

Lot Details

0

HOA Fees

$393 per month

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: RIVERS EDGE CONDO
  • Directions: I70 Silverthorne/Dillon Exit...go north to Wendy's/7 Eleven intersection - turn right onto Rainbow Drive - turn into the second parking on North side of building - stair tower is located on NW side.
  • Entry Level: 3
  • Garage Yn: Yes
  • Unit Levels: One
  • Year Built: 2015
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave Hood Fan, Microwave, Refrigerator, Some Electric Appliances, Dryer, Washer
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Gas
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Elevator, Fireplace, Jetted Tub, Cable TV, Vaulted Ceiling(s)
  • Living Area: 1014.0
  • Stories: 3

Exterior Features

  • Lot Features: City Lot
  • View: Mountain(s)
  • View: Yes
  • Exclusions: No
  • Foundation Details: Poured
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

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

Utilities

  • Green Building Features: Not Applicable
  • Heating: Radiant
  • Heating Yn: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Natural Gas Available, Sewer Available, Trash Collection, Water Available, Cable Available, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 393.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Owner Only, Pet Restrictions

Fee Information

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

Lot Info

  • Parcel #: 6517613
  • Zoning Description: Multi-Family

Tax Info

  • Tax Annual Amount: 1818.04
  • Tax Year: 2020

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2022
Sold by
Luthy Robert Edward
Bought by
Luthy Family Trust
Current Estimated Value
$985,517

Purchase Details

Listed on
Apr 8, 2021
Closed on
May 17, 2021
Sold by
Thurow Don Kerry and Thurow Susan Kay
Bought by
Luthy Robert and Luthy Deborah Leigh
Seller's Agent
Tate Santee
The Real Estate Group
Buyer's Agent
Kerri Karcz
Colorado R.E. Summit County
List Price
$780,000
Sold Price
$780,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%
Original Mortgage
$580,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Luthy Family Trust -- --
Luthy Robert $780,000 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Luthy Robert $580,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/17/2021 05/17/21 Sold $780,000 0.0% $769 / Sq Ft
04/17/2021 04/17/21 Pending -- -- --
04/08/2021 04/08/21 For Sale $780,000 +45.8% $769 / Sq Ft
12/06/2017 12/06/17 Sold $535,000 0.0% $501 / Sq Ft View Prior Sale
11/06/2017 11/06/17 Pending -- -- --
03/20/2016 03/20/16 For Sale $535,000 -- $501 / 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 $3,373 $66,122 -- $66,122
2023 $3,373 $62,437 $0 $0
2022 $2,496 $43,688 $0 $0
2021 $2,518 $44,945 $0 $0
2020 $1,818 $34,667 $0 $0
2019 $1,793 $34,667 $0 $0
2018 $1,684 $31,548 $0 $0
2017 $541 $11,078 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tate Santee

    Seller's Agent in 2021

    Tate Santee

    The Real Estate Group

    (303) 512-3744

    1 in this area

    3 Total Sales

    Tate Santee
    Section Image
  • Kerri Karcz

    Buyer's Agent in 2021

    Kerri Karcz

    Colorado R.E. Summit County

    (970) 390-2793

    31 in this area

    95 Total Sales

    Kerri Karcz
    Section Image
  • Chris Lankhorst

    Buyer's Agent in 2017

    Chris Lankhorst

    Slifer Smith & Frampton R.E ADMIN ONLY

    (970) 389-0575

    4 in this area

    57 Total Sales

    Chris Lankhorst
    Section Image
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Map

Source: Summit MLS

MLS Number: S1024624

Summit MLS

APN: 6517613

Colorado Summit County Silverthorne 80498

421 Rainbow Dr Unit 20, Silverthorne, CO

Not Listed for Sale

Condos

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