NOT LISTED FOR SALE

425 Rainbow Ln Midway, UT 84049

Estimated Value: $773,000 - $891,000

3 Beds
3 Baths
2,102 Sq Ft
$404/Sq Ft Est. Value

Last Sold August 26, 2015

Current estimated payment $4,857/month

2 Days on Market

Highlights

  • River View
  • Vaulted Ceiling
  • Mountain Contemporary Architecture
  • Midway Elementary School Rated A-
  • Wood Flooring
  • Hydromassage or Jetted Bathtub

About This Home

As of August 2015

In the quiet, quaint and lush setting of the Mountain Springs neighborhood in Midway, this charming 3 bedroom/3 bath home is filled with light and sits just across the street from Snake Creek and the beautiful Crater Springs Golf Course. The main living area is located on the upper level with the master suite, one guest bedroom/bunkroom and full bath, bright and spacious kitchen, cozy living room with gas fireplace, and a great balcony overlooking the creek and golf course. On the lower level is a large guest suite with private entrance and full bath, oversized 2-car garage and fully-equipped laundry room. Minutes from three scenic and highly-rated golf courses, and the shops and restaurants in the Swiss-inspired village of Midway, this home has been lovingly cared for and is move-in ready.

Last Agent to Sell the Property

Kelly Rogers

Summit Sotheby's International Realty Listed on: 07/08/2015

Co-Listed By

Shannon Lee

Summit Sotheby's International Realty License #6217444-SA00

Last Buyer's Agent

Curtis Perry

Century 21 Everest - Park City License #6077211-BB00

Century 21 Everest - Park City

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,446

Year Built

  • Built in 1995

Lot Details

  • 7,405 Sq Ft Lot
  • River Front
  • South Facing Home
  • Southern Exposure
  • Landscaped
  • Level Lot
  • Sprinkler System

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Oversized Parking
  • Garage Door Opener

Property Views

  • River
  • Lake
  • Pond
  • Golf Course
  • Creek or Stream
  • Valley

Home Design

  • Mountain Contemporary Architecture
  • Shingle Roof
  • Asphalt Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,102 Sq Ft Home
  • Central Vacuum
  • Vaulted Ceiling
  • Gas Fireplace
  • Family Room
  • Dining Room
  • Storage

Kitchen

  • Breakfast Bar
  • Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • High Speed Internet
  • Phone Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-0013-6924

Community Details

Overview

  • Association fees include maintenance exterior, ground maintenance, snow removal
  • Association Phone (435) 513-9489
  • Mountain Springs Subdivision
  • Planned Unit Development

Amenities

  • Common Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,446

Year Built

Built in 1995

Lot Details

0

HOA Fees

$83 per month

Parking

2

Listing Details

  • MainLevelTotalsBedroom: 1
  • MainLevelTotalsFullBaths: 1
  • Prop. Type: Residential
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Property Sub Type: Detached
  • Lot Size Acres: 0.17
  • Co List Office Mls Id: SSIR1
  • Co List Office Phone: 435-649-1884
  • Subdivision Name: Mountain Springs
  • Architectural Style: Mountain Contemporary
  • New Construction: No
  • Year Built: 1995
  • ResoBuildingAreaSource: Other
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: 00-0013-6924
  • Property Info:Apx Taxes: 2446.0
  • Property Info:Tax Year2: 2015
  • Property Info:Access: Year Round
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Utilities:Phone Available: Yes
  • Sewage:Public Sewer: Yes
  • Property Description:Adjacent Common Area Land: Yes
  • Property Description:South Facing: Yes
  • Views:Lake: Yes
  • Views:Valley: Yes
  • Water:Public2: Yes
  • Views:Golf Course: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Property Info:Construction New: No
  • Property Info:Construction Status: Complete
  • Property Info:Total Fireplaces: 1
  • Size of HouseLot:Apx SqFt Finished: 2102.0
  • Size of HouseLot:Apx Acres2: 0.17
  • Style:Mountain Contemporary: Yes
  • Foundation:Concrete Perimeter: Yes
  • Roof:Asphalt: Yes
  • Roof:Shingle: Yes
  • Cooling:Central Air: Yes
  • Equipment:Smoke Alarm: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring:Tile: Yes
  • Flooring:Wood2: Yes
  • Room Totals:Family Room7: 1
  • Room Totals:Fireplace8: 1
  • Property Description:PUD - Planned Unit Development: Yes
  • Views:River: Yes
  • Washers: Yes
  • Dining Area:Breakfast Bar: Yes
  • Room Totals:Dining Room7: 1
  • Size of HouseLot:Apx Lot Size (SqFt)2: 7405.0
  • Property Description:Level: Yes
  • Dining Area:Informal Dining: Yes
  • Equipment:Security System - Installed: Yes
  • Exterior:Stucco: Yes
  • Equipment:Satellite Dish: Yes
  • Recreation Access:CreekRiver Front: Yes
  • Equipment:Central Vacuum: Yes
  • Views:Pond2: Yes
  • Upper Level 2 Totals:Full Baths4: 2
  • Upper Level 2 Totals:Fireplace5: 1
  • Upper Level 2 Totals:Dining Room4: 1
  • Upper Level 2 Totals:Family Room4: 1
  • Main Level Totals:Laundry2: 1
  • Room Totals:Laundry8: 1
  • Views:CreekStream2: Yes
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Range, Microwave, Oven, Refrigerator, Washer
  • Flooring: Tile, Wood
  • Interior Amenities: Storage, Jetted Bath Tub(s), Lower Level Walkout, Vaulted Ceiling(s), Breakfast Bar
  • Other Equipment: Central Vacuum, Garage Door Opener, Satellite Dish, Security System - Installed, Smoke Alarm
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Oven: Yes
  • Interior Features:Lower Level Walkout: Yes
  • Number of Fireplaces Gas: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Jetted Bath Tub(s): Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Storage2: Yes

Exterior Features

  • Exterior Features: Balcony, Landscaped - Fully, Lawn Sprinkler - Full
  • Roof: Asphalt, Shingle
  • Lot Features: Adjacent Common Area Land, Level, PUD - Planned Unit Development, South Facing
  • View: Creek/Stream, Golf Course, Lake, Pond, River, Valley
  • Construction Type: Stucco, See Remarks, Other
  • Foundation Details: Concrete Perimeter
  • Exterior Features:Landscaped - Fully: Yes
  • Exterior Features:Lawn Sprinkler - Full: Yes
  • Exterior Features:Balcony: Yes
  • Construction:Other8: Yes
  • Construction:See Remarks10: Yes

Garage/Parking

  • OtherParkTypeParkingSpaces: 2
  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Oversized
  • Property Info:Parking Spaces Covered: 2
  • Equipment:Garage Door Opener: Yes
  • Garage Type:Oversized: Yes

Utilities

  • Cooling: Central Air
  • Heating: Fireplace(s), Forced Air, Natural Gas
  • Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Natural Gas Connected, Phone Available
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Heating:Fireplace(s): Yes

Condo/Co-op/Association

  • Association Fee: 500.0
  • Association Fee Frequency: Semi-Annually
  • Phone: 435-513-9489
  • Association: Yes

Association/Amenities

  • AssociationOccupant:HOA Dues: Yes
  • AssociationOccupant:HOA Dues2: 500.0
  • AssociationOccupant:HOA Dues Frequency: Semi-Annually
  • AssociationOccupant:HOA Contact: Jim Simmons
  • AssociationOccupant:HOA Contact Phone: 435-513-9489
  • AssociationOccupant:Currently Occupied: Vacant
  • Association Fees Included:Snow Removal: Yes
  • Association Fees Included:Maintenance Exterior: Yes
  • Association Fees Included:Maintenance Grounds: Yes

Fee Information

  • Association Fee Includes: Maintenance Exterior, Maintenance Grounds, Snow Removal, Other

Lot Info

  • Development Status: Construction Status
  • Lot Size Sq Ft: 7405.0
  • Additional Parcels Description: 0MP-0010-0-034-034
  • Parcel #: 00-0013-6924
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2446.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2015
Closed on
Aug 24, 2015
Sold by
Stroud Scott and Stroud Patricia
Bought by
Hendricks Robert B and Hendricks Kimmie K
Seller's Agent
Kelly Rogers
Summit Sotheby's International Realty
Buyer's Agent
Curtis Perry
Century 21 Everest - Park City
List Price
$375,000
Current Estimated Value
$820,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.93%
Original Mortgage
$300,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Hendricks Robert B -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hendricks Robert B $1,305,000
Closed Hendricks Robert B $1,305,000
Closed Hendricks Robert B $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2015 08/26/15 Sold -- -- --
07/11/2015 07/11/15 Pending -- -- --
07/08/2015 07/08/15 For Sale $375,000 -- $178 / Sq Ft
Source: Park City Board of REALTORS®

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 $672,950 $200,000 $472,950
2023 $3,772 $736,010 $200,000 $536,010
2022 $1,895 $343,640 $200,000 $143,640
2021 $1,632 $228,640 $85,000 $143,640
2020 $1,683 $228,640 $85,000 $143,640
2019 $1,539 $125,752 $0 $0
2018 $1,539 $125,752 $0 $0
2017 $1,429 $116,050 $0 $0
2016 $1,361 $107,800 $0 $0
2015 $2,351 $196,000 $70,000 $126,000
2014 $2,446 $196,000 $70,000 $126,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Park City Board of REALTORS®

MLS Number: 11502049

Park City Board of REALTORS®

APN: 00-0013-6924