NOT LISTED FOR SALE

573 Rainbow Dr Fairplay, CO 80440

Estimated Value: $124,232

35 Acres
$3,549 Price per Acre
1,524,600 Sq Ft Lot

Last Sold January 02, 2025

Last sale price $119,000

Est. 4% increase in value since last sale

Current estimated payment $688/month

188 Days on Market

About This Lot

As of January 2025

35 acres with mountain views in every direction! Zoned Ag so taxes are cheap. Build your dream home or just come out and enjoy everything the mountains have to offer. Close to National Forest for all your outdoor activities.

Last Agent to Sell the Property

Brian Nickel

Vision Equity Group Real Estate, LLC Brokerage Email: bnickel@visionequitygroup.com,720-504-5555 License #100070999 Listed on: 06/07/2024

Last Buyer's Agent

Melissa Massey

Massey Real Estate Group LLC License #100038058

Property Details

Property Type

  • Land

Lot Details

  • 35 Acre Lot
  • Property is zoned Agricultural

HOA Fees

  • $39 Monthly HOA Fees

Property Views

  • Mountain
  • Meadow
  • Valley

Community Details

  • Bar D Ranch Association, Phone Number (843) 696-4208
  • 05300 05300 Subdivision

Listing and Financial Details

  • Exclusions: None Known
  • Assessor Parcel Number 40244

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$39 per month

Listing Details

  • Property Type: Land
  • Property Sub Type: Unimproved Land
  • Exclusions: None Known
  • SubdivisionName: 05300-05300
  • Ownership: Individual
  • REC_RVSpaces: 0
  • REC_WaterIncludedYN: 0
  • Ratio Close Price By Original Li: 0.88148
  • Special Features: None

Exterior Features

  • View: Meadow, Mountain(s), Valley

Garage/Parking

  • Attached Garage: No

Condo/Co-op/Association

  • Association Name: Bar D Ranch
  • Association Fee Frequency: Annually
  • Association Fee: 463.53
  • Phone: 1-843-696-4208
  • Association: Yes

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 463.53
  • REC_AssociationFeeTotalAnnual: 463.53
  • REC_AssociationManagementType: Self Managed

Lot Info

  • Parcel Number: 40244
  • Lot Size Acres: 35
  • Lot Size Sq Ft: 1524600
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Jan 2, 2025
Sold by
Powell Spencer C
Bought by
Gifford Chelsea and Hadley Bryant
Seller's Agent
Brian Nickel
Vision Equity Group Real Estate, LLC
Buyer's Agent
Melissa Massey
Massey Real Estate Group LLC
List Price
$119,000
Sold Price
$119,000
Views
48
Current Estimated Value
$124,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,232
Avg. Annual Appreciation
4.40%
Original Mortgage
$79,000
Outstanding Balance
$78,524
Interest Rate
6.84%
Mortgage Type
Seller Take Back
Estimated Equity
$45,708

Purchase Details

Closed on
May 9, 2023
Sold by
Walker Randy D
Bought by
Powell Spencer C

Purchase Details

Closed on
Aug 7, 2020
Sold by
R46py Llc
Bought by
Walker Randy D and Walker Donna L

Purchase Details

Closed on
Apr 26, 1993
Sold by
Poleson William W and Poleson Connie R
Bought by
Lehman Robert M and Lehman Grace L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Gifford Chelsea $119,000 None Listed On Document
Powell Spencer C $90,000 None Listed On Document
Walker Randy D $44,995 First Alliance Title
R46py Llc $31,322 First Alliance Title
Lehman Robert M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gifford Chelsea $79,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/02/2025 01/02/25 Sold $119,000 0.0% --
12/13/2024 12/13/24 For Sale $119,000 0.0% --
12/01/2024 12/01/24 Off Market $119,000 -- --
08/29/2024 08/29/24 Price Changed $119,000 -7.8% --
07/16/2024 07/16/24 Price Changed $129,000 -4.4% --
06/07/2024 06/07/24 For Sale $135,000 -- --
Source: REcolorado®

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 $16 $280 $280 $0
2023 $16 $308 $308 $0
2022 $18 $273 $273 $0
2021 $19 $300 $300 $0
2020 $19 $290 $290 $0
2019 $717 $11,240 $11,240 $0
2018 $18 $11,240 $11,240 $0
2017 $15 $270 $270 $0
2016 $15 $260 $260 $0
2015 $599 $10,350 $10,350 $0
2014 $598 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 4209183

REcolorado®

APN: 40244