NOT LISTED FOR SALE

421 Rainbow Dr Unit 31 Silverthorne, CO 80498

Estimated Value: $1,152,000 - $1,274,002

3 Beds
2 Baths
1,392 Sq Ft
$831/mo HOA Fee

Last Sold July 11, 2023

Last sale price $1,205,000 $866 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $7,334/month

84 Days on Market

Highlights

  • Primary Bedroom Suite
  • Mountain View
  • Hydromassage or Jetted Bathtub
  • Open Floorplan
  • Mountain Contemporary Architecture
  • 3-minute walk to Rainbow Park

About This Home

As of July 2023

Lock-n-Go Condo that lives like a Town Home with private entrance and attached Two Car Tandem garage. Beautiful Mountain Modern finishes with ground floor, one-level living. Open floor plan is great for entertaining. Guests can hang out on the patio, in the living room, in the dining room and still socialize with the cook in the kitchen.

This unit lives larger than 1392 square feet as the Sellers have added extra storage and clothes hanging to all closets, the pantry and the garage. You can store all of your toys, decorations and lots of clothes in this unit.

You will have lots of time to play as the HOA maintains the exterior. And activities are right outside your door!

Walking distance to many of the Silverthorne amenities. Across the street from the Silverthorne Rec Center, Rainbow Park and Summit Stage Bus Stop. Located on the Blue River Bike path and entrance to the Silverthorne Town Center Bridge which leads to restaurants, Silverthorne Pavilion, Performing Arts Center and Blue Bird Market/4th Street Crossing Area.

Centrally located to 7 Ski areas and less than a mile from the I-70 exit.

Sellers use third bedroom as a TV room.

Last Agent to Sell the Property

Pat Wenzel

Equity Colorado Real Estate License #100052254 Listed on: 03/28/2023

Equity Colorado Real Estate

Last Buyer's Agent

Jillian Turner

Coldwell Banker Mountain Properties License #100069389

Coldwell Banker Mountain Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,801

Year Built

  • Built in 2015

Lot Details

  • End Unit
  • 1 Common Wall
  • North Facing Home

HOA Fees

  • $831 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Electric Vehicle Home Charger
  • Parking Storage or Cabinetry
  • Heated Garage
  • Epoxy
  • Exterior Access Door
  • Secured Garage or Parking

Home Design

  • Mountain Contemporary Architecture
  • Entry on the 1st floor
  • Architectural Shingle Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 1,392 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Mud Room
  • Entrance Foyer
  • Great Room
  • Living Room with Fireplace
  • Mountain Views
  • Home Security System

Kitchen

  • Self-Cleaning Oven
  • Range
  • Microwave
  • Freezer
  • Dishwasher
  • Quartz Countertops
  • Utility Sink
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Silverthorne Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • No Cooling
  • Radiant Heating System
  • High Speed Internet

Additional Features

  • Smoke Free Home
  • Patio

Listing and Financial Details

  • Exclusions: Exclusions: All furniture, art, housewares, small kitchen appliances, linens, BBQ Grill, propeller in garage, and personal property....................... Inclusions: All kitchen major appliances, TVs in guest bedrooms (2), Free Standing Closet in Guest Bath, Kitchen Counter Stools with matching cushions, Freezer in Laundry Room, Patio rug and railing flower boxes, washer and dryer, sink cover for utility sink, and all closet/storage systems.
  • Assessor Parcel Number 6517624

Community Details

Overview

  • Association fees include reserves, gas, heat, insurance, irrigation, ground maintenance, maintenance structure, recycling, sewer, snow removal, trash
  • 31 Units
  • Rivers Edge Condo Association, Phone Number (970) 406-8700
  • Low-Rise Condominium
  • Rivers Edge Condo Subdivision
  • Community Parking

Amenities

  • Elevator

Pet Policy

  • Only Owners Allowed Pets

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,801

Year Built

Built in 2015

Lot Details

0

HOA Fees

$831 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Mountain Contemporary
  • Structure Type: Low Rise (1-3)
  • Levels: One
  • Year Built: 2015
  • Above Grade Finished Sq Ft: 1392
  • Entry Location: Exterior Access
  • Exclusions: Exclusions: All furniture, art, housewares, small kitchen appliances, linens, BBQ Grill, propeller in garage, and personal property....................... Inclusions: All kitchen major appliances, TVs in guest bedrooms (2), Free Standing Closet in Guest Bath, Kitchen Counter Stools with matching cushions, Freezer in Laundry Room, Patio rug and railing flower boxes, washer and dryer, sink cover for utility sink, and all closet/storage systems.
  • Living Area: 1392
  • Pets Allowed: Only for Owner
  • Directions: From I-70 Silverthorne exit (205), go North on Blue River Parkway. Turn right on Rainbow Drive (Wendy's on corner). Three blocks on the left is the building (across the street from Silverthorne Rec Center). Park in lot on North side of the building. Unit entrance is on NE corner of building.
  • SubdivisionName: Rivers Edge Condo
  • Ownership: Individual
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBedrooms: 0
  • REC_ExpectedActiveDate: 2023-03-29
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
  • Fireplaces: 1
  • Interior Amenities: Ceiling Fan(s), Entrance Foyer, High Ceilings, High Speed Internet, Jet Action Tub, No Stairs, Open Floorplan, Pantry, Primary Suite, Quartz Counters, Smoke Free, Utility Sink, Walk-In Closet(s)
  • Flooring: Carpet, Tile
  • Fireplace Features: Gas, Gas Log, Living Room
  • Full Bathrooms: 1
  • Common Walls: End Unit, 1 Common Wall
  • Basement: No
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Window Features: Double Pane Windows, Window Coverings

Exterior Features

  • Direction Faces: North
  • Foundation Details: Structural
  • Roof: Architecural Shingle
  • Construction Materials: Stone, Wood Siding
  • View: Mountain(s)
  • Patio and Porch Features: Patio

Garage/Parking

  • Parking Features: Electric Vehicle Charging Station(s), Exterior Access Door, Finished, Floor Coating, Heated Garage, Storage
  • Attached Garage: Yes
  • Garage Spaces: 2
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Radiant
  • Laundry Features: In Unit
  • Security: Carbon Monoxide Detector(s), Secured Garage/Parking, Security System, Smoke Detector(s)

Condo/Co-op/Association

  • HOA Fee Includes: Reserves, Gas, Heat, Insurance, Irrigation, Maintenance Grounds, Maintenance Structure, Recycling, Sewer, Snow Removal, Trash
  • Association Name: Rivers Edge Condo Association
  • Association Fee Frequency: Monthly
  • Association Amenities: Elevator(s), Parking
  • Association Fee: 831
  • Phone: 970-406-8700
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 9972.00
  • REC_AssociationFeeTotalAnnual: 9972.00
  • REC_AssociationManagementType: Professionally Managed

Schools

  • Middle Or Junior School: Summit

Lot Info

  • Parcel Number: 6517624
  • Building Area Total: 1392

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Number Of Units Total: 31

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2801

MLS Schools

  • Elementary School: Silverthorne
  • High School: Summit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2023
Closed on
Jul 11, 2023
Sold by
Bradley Antoinette and Bradley John K
Bought by
Gn Fraser Llc
Seller's Agent
Pat Wenzel
Equity Colorado Real Estate
Buyer's Agent
Jillian Turner
Coldwell Banker Mountain Properties
List Price
$1,299,000
Sold Price
$1,205,000
Premium/Discount to List
-$94,000
-7.24%
Views
244
Current Estimated Value
$1,174,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,338
Avg. Annual Appreciation
-0.49%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gn Fraser Llc $1,205,000 Land Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/11/2023 07/11/23 Sold $1,205,000 -7.2% $866 / Sq Ft
06/22/2023 06/22/23 For Sale $1,299,000 0.0% $933 / Sq Ft
06/21/2023 06/21/23 Pending -- -- --
04/19/2023 04/19/23 Price Changed $1,299,000 -3.8% $933 / Sq Ft
03/29/2023 03/29/23 For Sale $1,350,000 +147.7% $970 / Sq Ft
12/04/2017 12/04/17 Sold $545,000 0.0% $379 / Sq Ft View Prior Sale
11/04/2017 11/04/17 Pending -- -- --
11/12/2015 11/12/15 For Sale $545,000 -- $379 / Sq Ft
Source: REcolorado®

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 $4,332 $83,864 -- $83,864
2023 $4,332 $80,179 $0 $0
2022 $2,801 $49,025 $0 $0
2021 $2,826 $50,436 $0 $0
2020 $2,243 $42,777 $0 $0
2019 $2,213 $42,777 $0 $0
2018 $2,059 $38,573 $0 $0
2017 $742 $15,204 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 3067140

REcolorado®

APN: 6517624