Seller's Agent in 2025
Katrina Authement
Coldwell Banker Realty (Park City-NewPark)
(801) 488-5300
3 in this area
73 Total Sales
Last list price
435 Rainbow Ln Midway, UT 84049
3
Beds
3
Baths
2,864
Sq Ft
5,663
Sq Ft Lot
Highlights
- Steam Room
- Solar Power System
- Open Floorplan
- Midway Elementary School Rated A-
- River View
- Deck
About This Home
As of June 2025Imagine waking up each morning to the sounds of nature and the gentle flow of Snake Creek, with stunning views across a protected wetlands sanctuary—welcome to life at 435 Rainbow Lane. Tucked away on a quiet private lane in the heart of Midway, this home is a rare find. You'll feel worlds away, yet be steps from the 13th hole of the beautiful Homestead Golf Course.
Step inside to discover vaulted ceilings that open up the space, rich wood floors that add warmth, and elegant granite countertops throughout. Indulge in the spa-like guest bath with its Microsilk Whirlpool tub, or unwind in the steam shower of the serene primary suite. Downstairs, a spacious lower level offers the ideal setup for a guest suite, multi-generational living, or rental potential.
Whether you're entertaining, relaxing, or simply enjoying the view, this property brings together nature, luxury, and versatility in one exceptional package.
Last Agent to Sell the Property
Coldwell Banker Realty (Park City-NewPark) License #5478954-AB00 Listed on: 04/10/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,373
Year Built
- Built in 2007
Lot Details
- 5,663 Sq Ft Lot
- River Front
- Property fronts a private road
- Landscaped
- Level Lot
- Front and Back Yard Sprinklers
HOA Fees
- $84 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Oversized Parking
- Garage Door Opener
- Guest Parking
Property Views
- River
- Pond
- Golf Course
- Creek or Stream
- Mountain
Home Design
- Wood Frame Construction
- Shingle Roof
- Asphalt Roof
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 2,864 Sq Ft Home
- Multi-Level Property
- Open Floorplan
- Wet Bar
- Vaulted Ceiling
- Ceiling Fan
- Self Contained Fireplace Unit Or Insert
- Gas Fireplace
- Great Room
- Family Room
- Formal Dining Room
- Storage
- Steam Room
Kitchen
- Eat-In Kitchen
- Double Oven
- Gas Range
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Flooring
- Wood
- Carpet
- Radiant Floor
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
- Walk-In Closet
- 3 Full Bathrooms
- Hydromassage or Jetted Bathtub
- Solar Light Tubes
Laundry
- Laundry Room
- ENERGY STAR Qualified Washer
Basement
- Walk-Out Basement
- Crawl Space
Home Security
- Home Security System
- Fire and Smoke Detector
Eco-Friendly Details
- Air Purifier
- Solar Power System
- Solar Heating System
Outdoor Features
- Balcony
- Deck
Utilities
- Humidifier
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- High-Efficiency Furnace
- Programmable Thermostat
- Net Metering or Smart Meter
- Natural Gas Connected
- Gas Water Heater
- Water Softener is Owned
- High Speed Internet
- Phone Available
Listing and Financial Details
- Assessor Parcel Number 00-0013-6916
Community Details
Overview
- Association fees include reserve/contingency fund, snow removal
- Association Phone (435) 659-9909
- Mountain Springs Subdivision
- Planned Unit Development
Amenities
- Common Area
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 10, 2025
Closed on
Jun 30, 2025
Sold by
Janis Lynne Pierce Trust and William John Tatomer Sr Living Trust
Bought by
Bowen Kent
Seller's Agent
Katrina Authement
Coldwell Banker Realty (Park City-NewPark)
Buyer's Agent
Michael Kermizis
Engel & Volkers Park City
List Price
$950,000
Views
17
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.56%
Original Mortgage
$705,000
Outstanding Balance
$703,797
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$302,416
Purchase Details
Closed on
Nov 17, 2021
Sold by
Pierce Janis Lynne and Janis Lynne Pierce Trust
Bought by
Pierce Janis Lynne and Janis Lynne Pierce Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,233,562
Interest Rate
2.98%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Purchase Details
Closed on
Oct 15, 2021
Sold by
John Tatomer Sr William
Bought by
William John Tatomer Sr Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,233,562
Interest Rate
2.98%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Purchase Details
Closed on
Mar 12, 2019
Sold by
Pierce Janis and Tatomer William J
Bought by
Pierce Janis Lynne and Janis Lynne Pierce Trust
Purchase Details
Closed on
May 22, 2017
Sold by
Tatomer William and Pierce Janis
Bought by
Pierce Janis and Tatomer William J
Purchase Details
Listed on
Dec 1, 2016
Closed on
Feb 22, 2017
Sold by
Sallivan Patricia M
Bought by
Tatomer William and Pierce Janis
Seller's Agent
Cameron Boyd
Park City Realty Group
Buyer's Agent
Non Member Licensee
Non Member
List Price
$459,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.78%
Original Mortgage
$404,100
Interest Rate
4.19%
Mortgage Type
Unknown
Purchase Details
Closed on
May 19, 2010
Sold by
Habeck Gerald E and Sullivan Patricia
Bought by
Sullivan Patricia M and Habeck Gerald E
Purchase Details
Closed on
Apr 20, 2006
Sold by
Stroud Scott D
Bought by
Habeck Gerald E and Sullivan Patricia
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | First American Title Insurance | |
| Interfamily Deed Transfer | -- | Fidelity National Ttl Group | |
| Deed | -- | -- | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | -- | -- | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Atlas Title Heber City | |
| Warranty Deed | -- | Atlas Title | |
| Interfamily Deed Transfer | -- | Atlas Title Insurance | |
| Warranty Deed | -- | Atlas Title Insurance | |
| Warranty Deed | -- | Atlas Title Insurance |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $705,000 | New Conventional | |
| Previous Owner | $1,233,562 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $404,100 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/30/2025 06/30/25 | Sold | -- | -- | -- | |
| 04/29/2025 04/29/25 | Pending | -- | -- | -- | |
| 04/10/2025 04/10/25 | For Sale | $950,000 | +107.0% | $332 / Sq Ft | |
| 03/01/2017 03/01/17 | Sold | -- | -- | -- | View Prior Sale |
| 01/19/2017 01/19/17 | Pending | -- | -- | -- | |
| 06/22/2016 06/22/16 | For Sale | $459,000 | -- | $178 / Sq Ft |
Source: Park City Board of REALTORS®
Tax History Compared to Growth
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 | $3,373 | $672,950 | $200,000 | $472,950 |
| 2024 | $3,373 | $672,950 | $200,000 | $472,950 |
| 2023 | $3,373 | $930,320 | $200,000 | $730,320 |
| 2022 | $5,131 | $930,320 | $200,000 | $730,320 |
| 2021 | $3,390 | $475,044 | $85,000 | $390,044 |
| 2020 | $3,496 | $475,044 | $85,000 | $390,044 |
| 2019 | $3,198 | $261,274 | $0 | $0 |
| 2018 | $3,198 | $261,274 | $0 | $0 |
| 2017 | $3,217 | $261,274 | $0 | $0 |
| 2016 | $3,194 | $253,024 | $0 | $0 |
| 2015 | $3,035 | $253,024 | $0 | $0 |
| 2014 | $3,158 | $253,024 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Katrina Authement
-
Michael Kermizis
Buyer's Agent in 2025
Michael Kermizis
Engel & Volkers Park City
(435) 645-5753
2 in this area
31 Total Sales
-
C
Seller's Agent in 2017
Cameron Boyd
Park City Realty Group
-
N
Buyer's Agent in 2017
Non Member Licensee
Non Member
Map
Source: Park City Board of REALTORS®
MLS Number: 12501472
APN: 00-0013-6916
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