NOT LISTED FOR SALE

505 Rainbow Ln Midway, UT 84049

Midway Area

Estimated Value: $1,231,000 - $2,141,000

4 Beds
3.5 Baths
4,100 Sq Ft
$367/Sq Ft Est. Value

Sale Details

Date Sold: April 25, 2014

Current estimated payment $8,737 / mo

207 Days on Market

Highlights

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

About This Home

As of April 2014

I need an offer for this home fast. A professional short sale company is negotiating the short sale, so this should close in a timely fashion. GOURMET KITCHEN, LARGE GREAT ROOM WITH LOADS OF NATURAL LIGHT, MAIN FLOOR OFFICE OR DEN. TWO MASTER SUITES UP AND OTHER TWO BEDROOMS HAVE A JACK-AND-JILL BATH, GROUNDS BEAUTIFUL, GOLF COURSE AND OPEN SPACE TO VIEW AND ENJOY, MUCH MORE.

Last Agent to Sell the Property

Michelle Koch

RE/MAX Associates (Park City) License #5464379SA00 Listed on: 08/02/2013

RE/MAX Associates (Park City)

Last Buyer's Agent

Non-Member Non-Members

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,174

Year Built

  • Built in 1995

Lot Details

  • 19,166 Sq Ft Lot
  • Property fronts a private road
  • Landscaped
  • Level Lot

HOA Fees

  • $29 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Mountain Contemporary Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Asphalt Roof
  • Steel Siding
  • Stone Siding
  • Concrete Perimeter Foundation
  • Stucco
  • Stone

Interior Spaces

  • 4,100 Sq Ft Home
  • Multi-Level Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 2 Fireplaces
  • Gas Fireplace
  • Great Room
  • Formal Dining Room
  • Home Office
  • Storage
  • Mountain Views
  • Fire and Smoke Detector

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Brick
  • Stone
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available

Community Details

  • Association fees include reserve/contingency fund, snow removal
  • Association Phone (435) 654-2941
  • Mountain Springs Subdivision

Listing and Financial Details

  • Short Sale
  • Assessor Parcel Number 0MP-0006-0-034-034

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,174

Year Built

Built in 1995

Lot Details

0.44 Acres

HOA Fees

$29 per month

Parking

3

Listing Details

  • MainLevelTotalsDiningRoom: 1
  • MainLevelTotalsGreatRoom: 1
  • MainLevelTotalsHalfBaths: 1
  • MainLevelTotalsStudyOfficeDen: 1
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Road Surface Type: Paved
  • Study/Office/Den: 1
  • Property Sub Type: Detached
  • Lot Size Acres: 0.44
  • Subdivision Name: Mountain Springs
  • Architectural Style: Mountain Contemporary, Multi-Level Unit
  • New Construction: No
  • Year Built: 1995
  • ResoBuildingAreaSource: Other
  • Contract Info:Short Sale: Yes
  • Contract Info:BankLender Owned: No
  • Property Info:Tax ID: 0MP-0006-0-034-034
  • Property Info:Apx Taxes: 3174.0
  • Property Info:Tax Year2: 2012
  • Property Info:Access: Year Round
  • Views:Mountain(s): Yes
  • Utilities:Phone Available: Yes
  • Sewage:Public Sewer: Yes
  • Water:Public2: Yes
  • Road Frontage Type:Private Road: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Natural Gas Connected: Yes
  • Property Info:Construction New: No
  • Property Info:Construction Status: Complete
  • Property Info:Total Fireplaces: 2
  • Size of HouseLot:Apx SqFt Finished: 4100.0
  • Size of HouseLot:Apx Acres2: 0.44
  • Style:Mountain Contemporary: Yes
  • Exterior:Stone: Yes
  • Foundation:Concrete Perimeter: Yes
  • Roof:Asphalt: Yes
  • Roof:Shingle: Yes
  • Equipment:Smoke Alarm: Yes
  • Equipment:Water Heater - Gas: Yes
  • Appliances Refrigerators: Yes
  • Dining Area:Semi-Formal Dining: Yes
  • Garage Type Attached: Yes
  • Room Totals:Fireplace8: 2
  • Main Level Totals:Fireplace2: 1
  • Style:Multi-Level Unit: Yes
  • Room Totals:Dining Room7: 1
  • Room Totals:Great Room7: 1
  • Size of HouseLot:Apx Lot Size (SqFt)2: 19166.0
  • Property Description:Level: Yes
  • Flooring:Stone2: Yes
  • Exterior:Stucco: Yes
  • Exterior:Steel Siding: Yes
  • Flooring:Brick2: Yes
  • Flooring:Marble: Yes
  • Upper Level 2 Totals:Full Baths4: 3
  • Upper Level 2 Totals:Fireplace5: 1
  • Main Level Totals:Laundry2: 1
  • Room Totals:Laundry8: 1
  • Other Park Type:Street: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator
  • Flooring: Brick, Marble, Stone
  • Interior Amenities: Storage, Ceiling Fan(s), Ceiling(s) - 9 Ft Plus, Electric Dryer Hookup, Jetted Bath Tub(s), Pantry, Vaulted Ceiling(s), Washer Hookup
  • Other Equipment: Garage Door Opener, Smoke Alarm, Water Heater - Gas
  • Accessibility Features: None
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Gas, Gas Starter
  • Fireplaces: 2
  • Fireplace: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Gas Range: Yes
  • Interior Features:Ceiling(s) - 9 Ft Plus: Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Washer Hookup: Yes
  • Number of Fireplaces Gas: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Fireplaces:Gas Starter: Yes
  • Interior Features:Jetted Bath Tub(s): Yes
  • Interior Features:Electric Dryer Hookup: Yes
  • Interior Features:Storage2: Yes

Exterior Features

  • Exterior Features: Gas BBQ Stubbed, Landscaped - Fully, Landscaped - Partially
  • Roof: Asphalt, Shingle
  • Lot Features: Level
  • View: Mountain(s)
  • Construction Type: Steel Siding, Stone, Stucco
  • Foundation Details: Concrete Perimeter
  • Exterior Features:Gas BBQ Stubbed: Yes
  • Exterior Features:Landscaped - Fully: Yes
  • Construction:Frame - Wood: Yes
  • Exterior Features:Landscaped - Partially: Yes

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: On Street, Oversized
  • Property Info:Parking Spaces Covered: 3
  • Equipment:Garage Door Opener: Yes
  • Garage Type:Oversized: Yes

Utilities

  • Heating: Forced Air, Natural Gas
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association Fee: 350.0
  • Association Fee Frequency: Annually
  • Phone: 435-654-2941
  • Association: Yes

Association/Amenities

  • AssociationOccupant:HOA Dues: Yes
  • AssociationOccupant:HOA Dues2: 350.0
  • AssociationOccupant:HOA Dues Frequency: Annually
  • AssociationOccupant:HOA Contact: Brent Merrill
  • AssociationOccupant:HOA Contact Phone: 435-654-2941
  • AssociationOccupant:Currently Occupied: Vacant
  • Association Fees Included:ReserveContingency Fund: Yes
  • Association Fees Included:Snow Removal: Yes

Fee Information

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

Lot Info

  • Development Status: Construction Status
  • Lot Size Sq Ft: 19166.0
  • Parcel #: 0MP-0006-0-034-034
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 3174.0

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2025
Sold by
Bought by
Current Estimated Value
$1,505,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
0.0667%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2021
Sold by
Bought by

Purchase Details

Listed on
Aug 2, 2013
Closed on
Apr 23, 2014
Sold by
Bought by
Seller's Agent
Michelle Koch
RE/MAX Associates (Park City)
Buyer's Agent
Non-Member Non-Members
Coldwell Banker Realty
List Price
$649,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.41%

Purchase Details

Listed on
Aug 2, 2013
Closed on
Apr 21, 2014
Sold by
Bought by
Seller's Agent
Michelle Koch
RE/MAX Associates (Park City)
Buyer's Agent
Non-Member Non-Members
Coldwell Banker Realty
List Price
$649,000

Purchase Details

Closed on
Mar 8, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$632,000
Interest Rate
0.0619%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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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
-- None Listed On Document
-- Us Title
-- Accommodation
-- Us Title
-- Us Title
-- Inwest Title Services Park C
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 $500,000
Previous Owner $632,000
Source: Public Records

Property 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 Event Price List to Sale Price per Sq Ft
04/25/2014 04/25/14 Sold -- -- --
02/26/2014 02/26/14 Pending -- -- --
08/02/2013 08/02/13 For Sale $649,000 -- $158 / Sq Ft
Source: Park City Board of REALTORS®

Tax 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.

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 $6,023 $1,188,380 $200,000 $988,380
2024 $5,956 $1,188,380 $200,000 $988,380
2023 $6,090 $1,188,380 $200,000 $988,380
2022 $6,554 $1,188,380 $200,000 $988,380
2021 $3,652 $511,819 $85,000 $426,819
2020 $3,767 $511,819 $85,000 $426,819
2019 $3,445 $281,500 $0 $0
2018 $3,445 $281,500 $0 $0
2017 $3,111 $252,672 $0 $0
2016 $3,189 $252,672 $0 $0
2015 $3,031 $252,672 $0 $0
2014 $3,154 $252,672 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Michelle Koch

    RE/MAX Associates (Park City)

    Section Image

  • N

    Buyer's Agent in 2014

    Non-Member Non-Members

    Coldwell Banker Realty

  • N

    Buyer's Agent in 2014

    Non Non-Member

    Non Member

  • N

    Buyer's Agent in 2014

    Non Member Licensee

    Non Member

  • N

    Buyer's Agent in 2014

    Non Member

    Park City Board of REALTORS

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Map

Source: Park City Board of REALTORS®

MLS Number: 9997452

Park City Board of REALTORS®

APN: 00-0013-6882

Utah Wasatch County Midway 84049

505 Rainbow Ln, Midway, UT

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