NOT LISTED FOR SALE

422 Rainbow Rd Durango, CO 81303

Estimated Value: $1,225,218 - $1,642,000

3 Beds
3 Baths
3,018 Sq Ft
$457/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $1,125,000 $373 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $7,572/month

39 Days on Market

Highlights

  • Wine Room
  • Indoor Spa
  • RV or Boat Parking
  • Durango High School Rated A-
  • Home fronts a pond
  • Lake View

About This Home

As of November 2021

Gorgeous 3000+ sq ft custom log home on 6.33 acres with two spring fed ponds, storage for 9 vehicles, and fishing access on the Animas River. Perched on a beautiful hillside overlooking the south Animas River Valley, this property offers excellent privacy with the feeling of being isolated, yet is only 8 miles from Durango city limits. The log home offers a fabulous open floorplan with the 3 bedrooms, and there is a guest apartment over the game room/bar area. Between the large patio off the living area, and the deck off the master, you'll have a hard time deciding which setting is prettier as you take in your morning coffee in this quiet rural setting. The custom gated entry and paved driveway provide not only excellent curb appeal but also secure year round access. Located at 6400' elevation with fabulous southern exposure. There are two swamp coolers to help during those few weeks that you need air conditioning in the summer months. Annual taxes are $2,070. HOA/Road Maintenance Dues are $250 bi-annually. Be sure to check out the 3D floorplan in the virtual tour link.

Last Agent to Sell the Property

Justin Osborn

The Wells Group of Durango, LLC Listed on: 09/11/2021

Last Buyer's Agent

Justin Osborn

The Wells Group of Durango, LLC Listed on: 09/11/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,070

Year Built

  • Built in 1996

Lot Details

  • 6.33 Acre Lot
  • Home fronts a pond
  • Landscaped
  • Sprinkler System
  • Wooded Lot

HOA Fees

  • $42 Monthly HOA Fees

Property Views

  • Lake
  • Creek or Stream
  • Mountain
  • Valley

Home Design

  • Log Cabin
  • Slab Foundation
  • Metal Roof
  • Log Siding
  • Stick Built Home

Interior Spaces

  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Window Treatments
  • Mud Room
  • Wine Room
  • Formal Dining Room
  • Indoor Spa
  • Crawl Space

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Radiant Floor
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Attached Garage
  • 5 Carport Spaces
  • Heated Garage
  • Garage Door Opener
  • RV or Boat Parking

Outdoor Features

  • Deck
  • Patio

Schools

  • Florida Mesa K-5 Elementary School
  • Escalante 6-8 Middle School
  • Durango 9-12 High School

Utilities

  • Evaporated cooling system
  • Boiler Heating System
  • Heating System Powered By Leased Propane
  • Heating System Uses Propane
  • Irrigation Water Rights
  • Well
  • Septic Tank
  • Septic System
  • Internet Available
  • Phone Available
  • Satellite Dish

Additional Features

  • Accessory Dwelling Unit (ADU)
  • 1 Irrigated Acre

Community Details

  • Association fees include snow removal, road maintenance
  • Animas View Estates HOA
  • Stream Seasonal

Listing and Financial Details

  • Assessor Parcel Number 590530200567

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,070

Year Built

Built in 1996

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Additional Living Quarters: Yes
  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Microwave
  • Estimated Irrigation Acres: 1
  • Estimated Total Acres: 6.33
  • Class: RESIDENTIAL
  • Em Deposit: 25000
  • Em Holder: Title Company
  • Exterior Inclusions: Satellite Dish, Landscaping, Irrigation Water, Patio, Deck, Lawn Sprinklers, Irrigation Pump
  • Interior Inclusions: Window Coverings, Ceiling Fan(s), W/D Hookup, Wet Bar, Vaulted Ceiling, Guest Quarters, Hot Tub, Garage Door Opener, Mud Room, Wine Room, Heated Garage
  • Legal Lot Block: Section: 30 Township: 34 Range: 9 TR IN W/2NW/4 AKA LOT 1 PROJ 91-10 PLAT 615675 422 N RAINBOW RD DURANGO 81303
  • List Price per Sq Ft: 387.67
  • Lot Dimension: See map
  • Lot Size Acreage: 5-9.99
  • Parcel Id Number: 590530200567
  • Price Per Sq Ft: 372.76
  • Property Description: Wooded Lot
  • Real Estate Included: Yes
  • Residence Stories: Two Story
  • Residence Style: Log
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Log
  • Sold Price Sq Ft: 372.76
  • Street Descriptionaccess: Gravel
  • Street Designation: Road
  • Tax Account Id: 590530200567
  • Waterfront Type: Pond, Seasonal Stream/Spring
  • Zoning: Residential Single Family
  • Type: Stick Built
  • HOA Fees: Yes
  • HOA Transfer Fee: Yes
  • Internet Provider: Verizon
  • Internet Service: Yes
  • Total Taxes Dollar: 2070.20
  • Year Built: 1996
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 19

Interior Features

  • Dining Room: Kitchen Bar, Separate Dining
  • Bedrooms: 3
  • Flooring: Carpet-Partial, Tile
  • Estimated Total Sq Ft: 3018
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 3
  • Fireplace Location Type: Woodstove
  • Foundation: Slab, Crawl Space
  • Main Level Sq Ft: 2298
  • Total Office Den: 0
  • Upper Level Sq Ft: 720

Exterior Features

  • Construction Type: Log
  • Exterior Structures: RV/Boat Shelter
  • Roof: Metal
  • Views: Mountains, Valley, Stream/River, Lake/Pond/Reservoir
  • Waterfront: Yes

Garage/Parking

  • Garage Type: Attached Garage
  • Garage: Yes
  • Carport: Yes
  • Carport Spaces: 5
  • Garage Capacity: 4

Utilities

  • Utilities: Electric, Propane-Tank Leased, Phone - Cell Reception, Phone - Landline
  • Cooling: Evaporative Cooler
  • Electric Supplier: La Plata Electric Association
  • Gas Supplier: Propane
  • Heating System: Boiler, Floor Radiant
  • Irrigation Water Description Amount: Spring
  • Irrigation Water District: Spring
  • Sewer Supplier: Septic
  • Water Rights Irrigation: Yes
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 161952-A

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Snow Removal, Road Maintenance
  • Hoametro Fees: 500
  • HOA Metro Fees Frequency: Annually
  • Hoa Name: Animas View Estates

Schools

  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2021

MLS Schools

  • Elementary School: Florida Mesa K-5
  • Middle School: Escalante 6-8

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2021
Closed on
Nov 18, 2021
Sold by
Tischaefer Dave and Tischaefer Sandy
Bought by
The De And Donna Davis Revocable Trust
Seller's Agent
Justin Osborn
The Wells Group of Durango, LLC
Buyer's Agent
Justin Osborn
The Wells Group of Durango, LLC
List Price
$1,170,000
Sold Price
$1,125,000
Premium/Discount to List
-$45,000
-3.85%
Current Estimated Value
$1,380,305

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,305
Avg. Annual Appreciation
5.08%
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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Purchase History

Date Buyer Sale Price Title Company
The De And Donna Davis Revocable Trust $1,125,000 Durango Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2021 11/19/21 Sold $1,125,000 -3.8% $373 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
09/11/2021 09/11/21 For Sale $1,170,000 -- $388 / Sq Ft
Source: Colorado Real Estate Network (CREN)

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
2025 $3,834 $95,830 $10,900 $84,930
2024 $3,304 $75,380 $8,140 $67,240
2023 $3,304 $78,820 $8,520 $70,300
2022 $2,117 $82,020 $8,860 $73,160
2021 $2,131 $49,180 $7,780 $41,400
2020 $2,020 $47,980 $7,640 $40,340
2019 $1,868 $47,980 $7,640 $40,340
2018 $1,737 $44,670 $7,430 $37,240
2017 $1,701 $44,670 $7,430 $37,240
2016 $1,618 $46,010 $7,760 $38,250
2015 $1,524 $46,010 $7,760 $38,250
2014 -- $41,830 $7,760 $34,070
2013 -- $41,830 $7,760 $34,070
Source: Public Records

Agents Affiliated with this Home

  • Justin Osborn

    Seller's Agent in 2021

    Justin Osborn

    The Wells Group of Durango, LLC

    (970) 946-3935

    346 Total Sales

    Justin Osborn
    Section Image

  • C

    Buyer Co-Listing Agent in 2021

    Coby Wiegert

    The Wells Group of Durango, LLC

    Section Image
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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 786806

Colorado Real Estate Network (CREN)

APN: R023226

Colorado La Plata County Durango 81303

422 Rainbow Rd, Durango, CO

Not Listed for Sale

Detached

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