NOT LISTED FOR SALE

421 Rainbow Dr Unit 3 Silverthorne, CO 80498

Estimated Value: $1,018,000 - $1,121,000

2 Beds
2 Baths
991 Sq Ft
$306/mo HOA Fee

Last Sold September 10, 2019

Last sale price $735,000 $742 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $6,079/month

5 Days on Market

Highlights

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

About This Home

As of September 2019

Two bedroom PENTHOUSE on the RIVER with PRIVATE ELEVATOR. Fully furnished TOP-FLOOR unit with LARGE RIVER FACING DECK, 2-car heated garage, low HOA dues and the three most important things in real estate. The Perfect Silverthorne Location between the NEW 4th Street Crossing, REC Center & Theater. Beautiful wood floors, slab granite, tiled kitchen and bathrooms, in-floor radiant heat, jetted tub, thoughtful owner's touches and plenty of closet space with storage in the heated garage.

Last Agent to Sell the Property

Tate Santee

The Real Estate Group License #FA100057449 Listed on: 08/05/2019

Last Buyer's Agent

Scott Smith

Ski Town Real Estate Experts License #FA100036796

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $753

Year Built

  • Built in 2015

HOA Fees

  • $306 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • River
  • Creek or Stream
  • Mountain

Home Design

  • Entry on the 3rd floor
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Roof

Interior Spaces

  • 991 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Vaulted Ceiling
  • Gas Fireplace

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 6517332

Community Details

Overview

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

Recreation

  • Trails

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$753

Year Built

Built in 2015

Lot Details

0

HOA Fees

$306 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 first parking lot after the demolished Outlet.
  • Building Name: Rivers Edge Condo
  • 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, Vaulted Ceiling(s)
  • Living Area: 991.0
  • Stories: 3

Exterior Features

  • Lot Features: City Lot
  • View: Mountain(s), River, Creek/Stream
  • View: Yes
  • Exclusions: No
  • Construction Type: Wood Frame
  • Foundation Details: Poured
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Garage

Utilities

  • Green Building Features: Not Applicable
  • Heating: 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
  • Association Fee: 306.0
  • 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 #: 6517332
  • Zoning Description: Multi-Family

Tax Info

  • Tax Annual Amount: 752.56
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2021
Sold by
Atwood Benjamin
Bought by
421 Rainbow Dr 13 Llc
Current Estimated Value
$1,047,695

Purchase Details

Listed on
Aug 5, 2019
Closed on
Sep 10, 2019
Sold by
Ferren George J and Ferrencashman Patricia L
Bought by
Atuchler Patricia Lee and Cha Alexander N
Seller's Agent
Tate Santee
The Real Estate Group
Buyer's Agent
Scott Smith
Ski Town Real Estate Experts
List Price
$735,000
Sold Price
$735,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%

Purchase Details

Listed on
Aug 3, 2015
Closed on
Oct 10, 2017
Sold by
4Th On 4Th Ltd
Bought by
Ferren George J and Cashman Patricia L
Seller's Agent
Tate Santee
The Real Estate Group
Buyer's Agent
Tate Santee
The Real Estate Group
List Price
$553,000
Sold Price
$553,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.97%
Original Mortgage
$390,000
Interest Rate
3.82%
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
421 Rainbow Dr 13 Llc -- None Available
Atuchler Patricia Lee $735,000 Land Title Guarantee
Ferren George J $553,000 Land Title Guarantee Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ferren George J $390,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/10/2019 09/10/19 Sold $735,000 0.0% $742 / Sq Ft
08/11/2019 08/11/19 Pending -- -- --
08/05/2019 08/05/19 For Sale $735,000 +32.9% $742 / Sq Ft
10/10/2017 10/10/17 Sold $553,000 0.0% $519 / Sq Ft View Prior Sale
09/10/2017 09/10/17 Pending -- -- --
03/20/2016 03/20/16 For Sale $553,000 -- $519 / 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 $3,598 $70,290 -- $70,290
2023 $3,598 $66,605 $0 $0
2022 $2,608 $45,641 $0 $0
2021 $2,631 $46,954 $0 $0
2020 $2,095 $39,954 $0 $0
2019 $2,067 $39,954 $0 $0
2018 $1,835 $34,386 $0 $0
2017 $753 $15,415 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tate Santee

    Seller's Agent in 2019

    Tate Santee

    The Real Estate Group

    (303) 512-3744

    1 in this area

    3 Total Sales

    Tate Santee
    Section Image

  • S

    Buyer's Agent in 2019

    Scott Smith

    Ski Town Real Estate Experts

See All Agents

Map

Source: Summit MLS

MLS Number: S1014783

Summit MLS

APN: 6517332

Colorado Summit County Silverthorne 80498

421 Rainbow Dr Unit 3, Silverthorne, CO

Not Listed for Sale

Condos

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