NOT LISTED FOR SALE

435 Rainbow Ln Midway, UT 84049

Estimated Value: $937,000 - $1,178,000

3 Beds
3 Baths
2,864 Sq Ft
$351/Sq Ft Est. Value

Last Sold June 30, 2025

Current estimated payment $5,684/month

19 Days on Market

Highlights

  • Steam Room
  • Solar Power System
  • Open Floorplan
  • Midway Elementary School Rated A-
  • River View
  • Deck

About This Home

As of June 2025

Imagine 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

Katrina Authement

Coldwell Banker Realty (Park City-NewPark) License #5478954-AB00 Listed on: 04/10/2025

Coldwell Banker Realty (Park City-NewPark)

Last Buyer's Agent

Michael Kermizis

Engel & Volkers Park City License #5482893-AB00

Engel & Volkers Park City

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,373

Year Built

Built in 2007

Lot Details

0

HOA Fees

$84 per month

Parking

2

Listing Details

  • MainLevelTotalsBedroom: 1
  • MainLevelTotalsFamilyRoom: 1
  • MainLevelTotalsFullBaths: 1
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.13
  • Subdivision Name: Mountain Springs
  • Architectural Style: See Remarks, Other
  • Unit Levels: Multi-Level Unit
  • New Construction: No
  • Year Built: 2007
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: 00-0013-6916
  • Property Info:Apx Taxes: 3372.56
  • Property Info:Tax Year2: 2024
  • Property Info:Access: Year Round
  • Views:Mountain(s): Yes
  • Utilities:High Speed Internet Available: Yes
  • Utilities:Phone Available: Yes
  • Sewage:Public Sewer: Yes
  • Property Description:Adjacent Common Area Land: Yes
  • Water:Public2: Yes
  • Road Frontage Type:Private Road: 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
  • Property Info:Accessory Dwelling Unit YN: No
  • Size of HouseLot:Apx SqFt Finished: 2864.0
  • Size of HouseLot:Apx Acres2: 0.13
  • Foundation:Concrete Perimeter: Yes
  • Roof:Asphalt: Yes
  • Roof:Shingle: Yes
  • Cooling:Central Air: Yes
  • Equipment:Smoke Alarm: Yes
  • Equipment:Thermostat - Programmable: Yes
  • Equipment:Water Heater - Gas: Yes
  • Equipment:Water Softener - Owned: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile: Yes
  • Flooring:Wood2: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Dining Area:Semi-Formal Dining: Yes
  • Garage Type Attached: Yes
  • Room Totals:Fireplace8: 1
  • Main Level Totals:Fireplace2: 1
  • Lower Level Totals:Full Baths3: 1
  • Property Description:PUD - Planned Unit Development: Yes
  • Views:River: Yes
  • Style:Multi-Level Unit: Yes
  • Equipment:Solar Photovoltaic - Net Metering: Yes
  • Room Totals:Dining Room7: 1
  • Room Totals:Great Room7: 2
  • Property Description:Level: Yes
  • Equipment:Security System - Installed: Yes
  • Exterior:Stucco: Yes
  • Recreation Access:CreekRiver Front: Yes
  • Equipment:Air Purifier: Yes
  • Views:Pond2: Yes
  • Views:Other36: Yes
  • Lower Level Totals:Great Room3: 1
  • Main Level Totals:Laundry2: 1
  • Room Totals:Laundry8: 1
  • Views:CreekStream2: Yes
  • Appliances Dryer: Yes
  • Special Features: None

Interior Features

  • Appliances: Humidifier, ENERGY STAR Qualified Washer, Dishwasher, Disposal, Double Oven, Gas Range, Microwave, Refrigerator
  • Has Basement: Walk-Out Access, Crawl Space
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Washer Hookup, Gas Dryer Hookup, Storage, Ceiling Fan(s), Ceiling(s) - 9 Ft Plus, Electric Dryer Hookup, Granite Counters, Jetted Bath Tub(s), Open Floorplan, Steam Room/Shower, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, See Remarks, Other
  • Other Equipment: Air Purifier, Appliances, Garage Door Opener, Security System - Installed, Smoke Alarm, Solar Photovoltaic - Net Metering, Thermostat - Programmable, Water Heater - Gas, Water Softener - Owned
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Gas, Insert
  • Fireplaces: 1
  • Fireplace: Yes
  • Window Features: Solar Tube(s)
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Ceiling(s) - 9 Ft Plus: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Washer Hookup: Yes
  • Number of Fireplaces Gas: Yes
  • Appliances: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Jetted Bath Tub(s): Yes
  • Basement:Crawl Space: Yes
  • Appliances:Double Oven: Yes
  • Interior Features:Electric Dryer Hookup: Yes
  • Interior Features:Open Floorplan: Yes
  • Interior Features:Granite Counters: Yes
  • Interior Features:Wet Bar: Yes
  • Interior Features:See Remarks18: Yes
  • Fireplaces:Insert: Yes
  • Interior Features:Steam RoomShower: Yes
  • Interior Features:Other21: Yes
  • Appliances:Gas Dryer Hookup: Yes
  • Appliances:Electric Dryer Hookup2: Yes
  • Interior Features:Storage2: Yes
  • Interior Features:Gas Dryer Hookup2: Yes
  • Appliances:ENERGY STAR QUALIFIED Washer: Yes
  • Interior Features:Solar Light Tube(s): Yes

Exterior Features

  • Exterior Features: Balcony, Gas BBQ Stubbed, Lawn Sprinkler - Timer
  • Roof: Asphalt, Shingle
  • Other Structures: None
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Adjacent Common Area Land, Level, PUD - Planned Unit Development, Golf Course Hole # (See Remarks)
  • View: Creek/Stream, Golf Course, Mountain(s), Pond, River, See Remarks, Other
  • Construction Type: Stucco
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Gas BBQ Stubbed: Yes
  • Exterior Features:Lawn Sprinkler - Full: Yes
  • Exterior Features:Lawn Sprinkler - Timer: Yes
  • Exterior Features:Balcony: Yes
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Oversized, Guest
  • Property Info:Parking Spaces Covered: 2
  • Equipment:Garage Door Opener: Yes
  • Garage Type:Oversized: Yes
  • Other Park Type:Guest Parking: Yes

Utilities

  • Cooling: Air Conditioning, Central Air
  • Heating: ENERGY STAR Qualified Furnace, Forced Air, Natural Gas, Radiant Floor, Solar
  • Utilities: Electricity Connected, High Speed Internet Available, Natural Gas Connected, Phone Available
  • Laundry Features: Gas Dryer Hookup, Electric Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Furnace - Energy Star Rated: Yes
  • Heating:Natural Gas: Yes
  • Air Conditioner: Yes
  • Heating:Radiant Floor: Yes
  • Heating:Solar: Yes

Association/Amenities

  • MembershipAmenitiesMembershipAvailable: No
  • AssociationOccupant:HOA Dues: Yes
  • AssociationOccupant:HOA Dues2: 84.0
  • AssociationOccupant:HOA Dues Frequency: Monthly
  • AssociationOccupant:HOA Contact: Tom Zick
  • AssociationOccupant:HOA Contact Phone: 435-659-9909
  • AssociationOccupant:Currently Occupied: Call Listing Agent
  • Common Area Amenities:Pets Allowed: Yes
  • Association Fees Included:ReserveContingency Fund: Yes
  • Association Fees Included:Snow Removal: Yes

Condo/Co-op/Association

  • Amenities: Pets Allowed
  • Association Fee: 84.0
  • Association Fee Frequency: Monthly
  • Phone: 435-659-9909
  • Association: Yes

Fee Information

  • Association Fee Includes: Reserve/Contingency Fund, Snow Removal

Lot Info

  • Development Status: Construction Status
  • Lot Size Sq Ft: 5662.8
  • Parcel #: 00-0013-6916

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3372.56

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
$1,006,213

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
Source: Public Records

Range of Values:

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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
Bowen Kent -- First American Title Insurance
Pierce Janis Lynne -- Fidelity National Ttl Group
William John Tatomer Sr Living Trust -- --
Pierce Janis Lynne -- None Available
William John Tatomer Sr Living Trust -- --
Pierce Janis Lynne -- None Available
Pierce Janis -- Atlas Title Heber City
Tatomer William -- Atlas Title
Sullivan Patricia M -- Atlas Title Insurance
Habeck Gerald E -- Atlas Title Insurance
Habeck Gerald E -- Atlas Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowen Kent $705,000
Previous Owner Pierce Janis Lynne $1,233,562
Previous Owner Tatomer William $404,100
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

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 $3,373 $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

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Map

Source: Park City Board of REALTORS®

MLS Number: 12501472

Park City Board of REALTORS®

APN: 00-0013-6916