NOT LISTED FOR SALE

601 Rainbow Dr Unit 535 Silverthorne, CO 80498

Estimated Value: $529,281

2 Beds
2 Baths
784 Sq Ft
$325/mo HOA Fee

Last Sold July 08, 2023

Last sale price $528,000 $673 Per Sq Ft

Current estimated payment $3,170/month

1 Day on Market

Highlights

  • Wood Flooring
  • Balcony
  • Baseboard Heating
  • 1 Fireplace
  • 1-Story Property
  • 4-minute walk to Rainbow Park

About This Home

As of July 2023

Discover the natural beauty and allure of Silverthorne, with this Rainbow Village Condo with SO MUCH potential! Located in the town center of Silverthorne, near Rainbow Park, the rec center, and endless restaurants and local businesses. Immense potential for customization! Create your dream mountain retreat or seize the opportunity as a short-term rental in Silverthorne's 10% Zone! Endless adventures await in Silverthorne; 30 Minutes from 7 skiing destinations and surrounded by public land!

Last Agent to Sell the Property

Allison Simson

Summit Real Estate-The Simson Group License #1324576 Listed on: 05/18/2023

Last Buyer's Agent

Other MLS Non-REcolorado

NON MLS PARTICIPANT

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,330

Year Built

  • Built in 1981

Lot Details

  • 3.05

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Architectural Shingle Roof
  • Wood Siding

Interior Spaces

  • 784 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Laundry in unit

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Silverthorne Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • No Cooling
  • Baseboard Heating

Additional Features

  • Balcony
  • Two or More Common Walls

Community Details

  • Reid Property Management Association, Phone Number (360) 698-4026
  • Low-Rise Condominium
  • Rainbow Village Condos Community
  • Silverthorne Subdivision

Listing and Financial Details

  • Exclusions: No Exclusions
  • Assessor Parcel Number 1500907

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,330

Year Built

Built in 1981

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Structure Type: Low Rise (1-3)
  • Levels: One
  • Building Name: Rainbow Village Condos
  • Year Built: 1981
  • Above Grade Finished Sq Ft: 784
  • Exclusions: No Exclusions
  • Living Area: 784
  • Directions: N. on Blue River Parkway, R. on 6th Street, L. on Center Cir., R. on Rainbow Dr., Property on the right.
  • SubdivisionName: Silverthorne
  • Ownership: Individual
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 0
  • REC_UpperLevelBedrooms: 0
  • Special Features: None

Interior Features

  • Fireplaces: 1
  • Flooring: Tile, Wood
  • Full Bathrooms: 2
  • Common Walls: 2+ Common Walls
  • Basement: No
  • Total Bedrooms: 2
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2

Exterior Features

  • Roof: Architecural Shingle
  • Construction Materials: Wood Siding
  • Exterior Features: Balcony
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard
  • Water Source: Public
  • Laundry Features: In Unit

Condo/Co-op/Association

  • Association Name: Reid Property Management
  • Association Fee Frequency: Monthly
  • Association Fee: 325
  • Phone: (360) 698-4026
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 3900.00
  • REC_AssociationFeeTotalAnnual: 3900.00
  • REC_AssociationManagementType: Professionally Managed
  • REC_AssociationURL: https://www.reidpm.com/

Schools

  • Middle Or Junior School: Summit

Lot Info

  • Parcel Number: 1500907
  • Building Area Total: 784

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1330

MLS Schools

  • Elementary School: Silverthorne
  • High School: Summit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Jun 29, 2023
Sold by
Black Benjamin A
Bought by
Town Of Silverthorne
Seller's Agent
Allison Simson
Summit Real Estate-The Simson Group
Buyer's Agent
Other MLS Non-REcolorado
NON MLS PARTICIPANT
List Price
$530,000
Sold Price
$528,000
Premium/Discount to List
-$2,000
-0.38%
Views
11
Current Estimated Value
$529,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,281
Avg. Annual Appreciation
0.72%

Purchase Details

Closed on
Feb 20, 2013
Sold by
Black Benjamin A and Black Juliana D
Bought by
Black Benjamin A
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
Town Of Silverthorne $528,000 Land Title
Black Benjamin A -- Title Source
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2023 07/08/23 Sold $528,000 -0.4% $673 / Sq Ft
05/19/2023 05/19/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $530,000 -- $676 / Sq Ft
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 $863 -- -- --
2023 $863 $15,981 $0 $0
2022 $1,330 $23,269 $0 $0
2021 $1,341 $23,938 $0 $0
2020 $1,114 $21,238 $0 $0
2019 $1,099 $21,238 $0 $0
2018 $918 $17,199 $0 $0
2017 $840 $17,199 $0 $0
2016 $778 $15,687 $0 $0
2015 $753 $15,687 $0 $0
2014 $658 $13,524 $0 $0
2013 -- $13,524 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 5068506

REcolorado®

APN: 1500907