NOT LISTED FOR SALE

504 Rainbow Ln Midway, UT 84049

Estimated Value: $1,387,000 - $2,211,000

5 Beds
5.5 Baths
4,642 Sq Ft
$384/Sq Ft Est. Value

Sale Details

Date Sold: November 30, 2021

Current estimated payment $10,235 / mo

20 Days on Market

Highlights

  • Home Theater
  • River View
  • Deck
  • Midway Elementary School Rated A
  • Private Membership Available
  • Vaulted Ceiling

About This Home

As of November 2021

A chance to live in a private community on the 16th hole of the wonderful Homestead golf course nestled in lovely Mountain Springs, Midway UT. On the property you will find a great portion of Snake Creek flowing in your back yard and an HOA wetland area with a pond. This beautiful home has a great layout and the BEST location!!! Enjoy the most active lifestyle with a numerous amount of activities with just a bike ride or a short walk. The home is vacant and easy to show!!! Call Now for INFO OR SHOWING!!!!

Last Agent to Sell the Property

Christoph Samek

KW Park City Keller Williams Real Estate License #11660920-SA00 Listed on: 10/21/2021

KW Park City Keller Williams Real Estate

Last Buyer's Agent

Bertha Bettina Katz

BHHS UP (Salt Lake) License #9866007-SA00

BHHS UP (Salt Lake)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,470

Year Built

  • Built in 1991 | Remodeled in 2006

Lot Details

  • 19,602 Sq Ft Lot
  • River Front
  • Property fronts a private road
  • Natural State Vegetation
  • Sloped Lot
  • Sprinkler System
  • Few Trees

HOA Fees

  • $167 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Door Opener

Property Views

  • River
  • Pond
  • Golf Course
  • Woods
  • Trees
  • Creek or Stream
  • Mountain
  • Meadow

Home Design

  • Wood Foundation
  • Slab Foundation
  • Stucco

Interior Spaces

  • 4,642 Sq Ft Home
  • Multi-Level Property
  • Sound System
  • Vaulted Ceiling
  • Ceiling Fan
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Gas Fireplace
  • Great Room
  • Family Room
  • Formal Dining Room
  • Home Theater

Kitchen

  • Eat-In Kitchen
  • Oven
  • Indoor Grill
  • Gas Range
  • Microwave
  • Freezer
  • ENERGY STAR Qualified Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Dual Flush Toilets

Laundry

  • Laundry Room
  • Stacked Washer and Dryer
  • ENERGY STAR Qualified Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

  • Air Conditioning
  • High-Efficiency Furnace
  • Hot Water Heating System
  • Propane
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater
  • Water Softener is Owned
  • High Speed Internet
  • Multiple Phone Lines
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 00-0013-6874

Community Details

Overview

  • Association fees include electricity, gas, sewer
  • Private Membership Available
  • Mountain Springs Subdivision

Amenities

  • Common Area

Recreation

  • Golf Course Membership Available
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,470

Year Built

Built in 1991 | Remodeled in 2006

Lot Details

0.45 Acres

HOA Fees

$167 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Property Sub Type: Detached
  • Lot Size Acres: 0.45
  • Subdivision Name: Mountain Springs
  • Architectural Style: Multi-Story
  • New Construction: No
  • Year Built: 1991
  • ResoBuildingAreaSource: PublicRecords
  • Contract Info:Short Sale: No
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: 00-0013-6874
  • Property Info:Apx Taxes: 4470.0
  • Property Info:Tax Year2: 2020
  • Property Info:Access: Year Round
  • Property Description:Gradual Slope: Yes
  • Property Description:Natural Vegetation: Yes
  • Views:Mountain(s): Yes
  • Utilities:Cable Available: Yes
  • Utilities:High Speed Internet Available: Yes
  • Sewage:Public Sewer: Yes
  • Recreation Access:HikeBike Trail - Adjoining Property: Yes
  • Property Description:Adjacent Common Area Land: Yes
  • Views:Meadow: Yes
  • Utilities:Propane2: Yes
  • Water:Public2: Yes
  • Recreation Access:HikeBike Trail - Adjoining Project: 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:Total Fireplaces: 3
  • Property Info:Accessory Dwelling Unit YN: No
  • Size of HouseLot:Apx SqFt Finished: 4642.0
  • Size of HouseLot:Apx Acres2: 0.45
  • Views:TreesWoods: Yes
  • Equipment:Smoke Alarm: Yes
  • Equipment:Water Heater - Gas: Yes
  • Equipment:Water Softener - Owned: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • Flooring:Carpet: Yes
  • Flooring:Wood2: Yes
  • Dining Area:Eat-in Kitchen: Yes
  • Garage Type Attached: Yes
  • Room Totals:Family Room7: 1
  • Room Totals:Fireplace8: 3
  • Equipment:Audio System: Yes
  • Room Totals:Dining Room7: 1
  • Room Totals:Great Room7: 1
  • Style:Multi-Story: Yes
  • Utilities:Phone LinesAdditional: Yes
  • Flooring:Stone2: Yes
  • Dining Area:Formal Dining: Yes
  • Property Info:Apx Year Remodeled: 2006
  • Exterior:Stucco: Yes
  • Recreation Access:CreekRiver Front: Yes
  • Equipment:Water Heater - Tankless: Yes
  • Room Totals:Media Room7: 1
  • Views:Pond2: Yes
  • Cooling:ENERGY STAR Qualified Equipment: Yes
  • Foundation:Slab: Yes
  • Room Totals:Laundry8: 1
  • Property Description:Few Trees: Yes
  • Views:CreekStream2: Yes
  • Foundation:Wood: Yes
  • Special Features: VirtualTour
  • Year Renovated: 2006

Interior Features

  • Appliances: ENERGY STAR QUALIFIED Washer, Dishwasher, Disposal, ENERGY STAR Qualified Dishwasher, Freezer, Gas Range, Indoor Grill, Microwave, Oven, Refrigerator, Washer/Dryer Stacked
  • Flooring: Carpet, Stone, Wood
  • Interior Amenities: Ceiling Fan(s), Ceiling(s) - 9 Ft Plus, Dual Flush Toilet(s), Fire Sprinklers, Kitchen Island, Main Level Master Bedroom, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Washer Hookup
  • Other Equipment: Audio System, Garage Door Opener, Smoke Alarm, Water Heater - Gas, Water Heater - Tankless, Water Softener - Owned
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Gas, Wood Burning
  • Fireplaces: 3
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Appliances:Oven: Yes
  • Interior Features:Ceiling(s) - 9 Ft Plus: Yes
  • Interior Features:Fire Sprinklers: Yes
  • Interior Features:Main Level Master Bedroom: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Walk-In Closet(s): Yes
  • Interior Features:Washer Hookup: Yes
  • Number of Fireplaces Gas: Yes
  • Appliances:WasherDryer Stacked: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Number of Fireplaces Woodburning: Yes
  • Interior Features:Kitchen Island: Yes
  • Appliances:Freezer: Yes
  • Interior Features:Dual Flush Toilet(s): Yes
  • Appliances:ENERGY STAR Qualified Dishwasher: Yes
  • Appliances:Indoor Grill: Yes
  • Appliances:Electric Dryer Hookup2: Yes
  • Appliances:ENERGY STAR QUALIFIED Washer: Yes

Exterior Features

  • Exterior Features: Deck(s), Lawn Sprinkler - Full, Patio(s), Porch
  • Roof: See Remarks
  • Lot Features: Few Trees, Adjacent Common Area Land, Gradual Slope, Natural Vegetation, Golf Course Hole # (See Remarks)
  • View: Creek/Stream, Golf Course, Meadow, Mountain(s), Pond, Trees/Woods
  • Construction Type: Stucco, See Remarks
  • Foundation Details: Slab, Wood
  • Exterior Features:Deck(s): Yes
  • Exterior Features:Lawn Sprinkler - Full: Yes
  • Exterior Features:Patio(s): Yes
  • Exterior Features:Porch: Yes
  • Construction:See Remarks10: Yes

Garage/Parking

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

Utilities

  • Cooling: Air Conditioning, ENERGY STAR Qualified Equipment
  • Heating: Fireplace(s), Furnace - Energy Star Rated, Hot Water, Tankless Heating
  • Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Natural Gas Connected, Phone Lines/Additional, Propane
  • Laundry Features: Electric Dryer Hookup
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Furnace - Energy Star Rated: Yes
  • Air Conditioner: Yes
  • Heating:Hot Water: Yes
  • Heating:Tankless Heating: Yes
  • Heating:Fireplace(s): Yes

Association/Amenities

  • MembershipAmenitiesGolfMembership: Available
  • MembershipAmenitiesMembershipAvailable: Yes
  • MembershipAmenitiesSocialLifestyleMembership: Not Available
  • AssociationOccupant:HOA Dues: Yes
  • AssociationOccupant:HOA Dues2: 1000.0
  • AssociationOccupant:HOA Dues Frequency: Semi-Annually
  • AssociationOccupant:Currently Occupied: Vacant
  • Association Fees Included:Electricity: Yes
  • Association Fees Included:Gas2: Yes
  • Association Fees Included:Sewer: Yes
  • AssociationOccupant:Mgmt Rental Co: No

Condo/Co-op/Association

  • Association Fee: 1000.0
  • Association Fee Frequency: Semi-Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Electricity, Gas, Sewer

Lot Info

  • Lot Size Sq Ft: 19602.0
  • Parcel #: 00-0013-6874
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4470.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
Nov 30, 2021
Sold by
Sanford Robert G and The Kenneth Sanford 2014 Trust
Bought by
Spier Daniel S and Spier Shari K
Seller's Agent
Christoph Samek
KW Park City Keller Williams Real Estate
Buyer's Agent
Bertha Bettina Katz
BHHS UP (Salt Lake)
List Price
$1,750,000
Current Estimated Value
$1,782,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.50%
Original Mortgage
$1,224,000
Outstanding Balance
$1,125,457
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$657,002

Purchase Details

Closed on
Oct 30, 2014
Sold by
Sanford Kenneth G and Kenneth Sanford Trust
Bought by
Sanford Kenneth G and Kenneth Sanford 2014 Trust

Purchase Details

Closed on
Oct 9, 2009
Sold by
Sanford Kenneth G
Bought by
Sanford Kenneth G and The Kenneth Sanford Trust

Purchase Details

Closed on
Jan 26, 2009
Sold by
Sanford Kenneth G and Sanford Anne Marie
Bought by
Sanford Kenneth G

Purchase Details

Closed on
Jan 23, 2009
Sold by
Sanford Kenneth G and Sanford Anne Marie
Bought by
Sanford Kenneth G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Spier Daniel S -- First American Park City
Sanford Kenneth G -- None Available
Sanford Kenneth G -- None Available
Sanford Kenneth G -- None Available
Sanford Kenneth G -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Spier Daniel S $1,224,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2021 11/30/21 Sold -- -- --
10/25/2021 10/25/21 Pending -- -- --
10/04/2021 10/04/21 For Sale $1,750,000 -- $377 / Sq Ft
Source: Park City Board of REALTORS®

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 $6,738 $1,329,395 $200,000 $1,129,395
2024 $6,662 $1,329,395 $200,000 $1,129,395
2023 $6,662 $1,329,395 $200,000 $1,129,395
2022 $7,331 $1,329,395 $200,000 $1,129,395
2021 $4,335 $607,423 $85,000 $522,423
2020 $4,470 $607,423 $85,000 $522,423
2019 $4,089 $334,083 $0 $0
2018 $4,089 $334,083 $0 $0
2017 $3,679 $298,796 $0 $0
2016 $3,772 $298,796 $0 $0
2015 $3,584 $298,796 $0 $0
2014 $3,824 $298,796 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Park City Board of REALTORS®

MLS Number: 12104000

Park City Board of REALTORS®

APN: 00-0013-6874

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