NOT LISTED FOR SALE

661 Rainbow Dr Unit 551 Silverthorne, CO 80498

Silverthorne Area

Estimated Value: $476,000 - $535,000

2 Beds
2 Baths
784 Sq Ft
3.05 Acre Lot

Sale Details

Date Sold: September 8, 2016

Last sale price $242,000 $309 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $3,209 / mo

17 Days on Market

Highlights

  • Mountain View
  • Public Transportation
  • Wood Burning Fireplace
  • Property is near public transit
  • Baseboard Heating
  • 3-minute walk to Rainbow Park

About This Home

As of September 2016

In-town convenience, on the ground floor and pet friendly. a minute from the Rec Center, library, outlets and many shops of Silverthorne, and even on the bus route with a stop right outside. This is a sunny, west facing residence with wood burning fireplace, low HOAs, no transfer tax. Seller is installing a brand new washer and dryer. For living convenience, location and value, this is hard to beat.

Last Agent to Sell the Property

Don Thomas

LIV Sotheby's I.R. License #FA40040299 Listed on: 07/22/2016

LIV Sotheby's I.R.

Last Buyer's Agent

Barbara Rankin

Cornerstone RE Rocky Mountains License #ER100002089

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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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $753

Year Built

  • Built in 1981

Lot Details

  • 3.05

HOA Fees

  • $255 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Concrete Foundation
  • Wood Frame Construction
  • Asphalt Roof

Interior Spaces

  • 784 Sq Ft Home
  • 3-Story Property
  • Wood Burning Fireplace
  • Mountain Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Parking Pad
  • Unassigned Parking

Location

  • Property is near public transit

Utilities

  • Baseboard Heating
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 1500915

Community Details

Overview

  • Association fees include management, common area maintenance, common areas, insurance, snow removal, security, trash
  • Rainbow Village Condo Subdivision

Amenities

  • Public Transportation

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$753

Year Built

Built in 1981

Lot Details

3.05 Acres

HOA Fees

$255 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: RAINBOW VILLAGE CONDO
  • Directions: Take Route 9 north from I-70 to 6th Avenue bridge. Go east one block to stop sign at Rainbow Circle. Take it left and it is first building on the right. Park in surface lot adjacent to the building
  • Entry Level: 1
  • Unit Levels: Three Or More
  • Year Built: 1981
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Some Electric Appliances, Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: Fireplace, Cable TV
  • Living Area: 784.0

Exterior Features

  • Lot Features: City Lot, Near Public Transit
  • View: Mountain(s)
  • View: Yes
  • Exclusions: No
  • Construction Type: Wood Frame
  • Foundation Details: Poured
  • Property Condition: Resale
  • Roof: Asphalt

Garage/Parking

  • Parking Features: Parking Pad, Unassigned

Utilities

  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Connected, Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cable Available, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation
  • Association Fee: 255.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Common Area Maintenance, Common Areas, Insurance, Snow Removal, Security, Trash

Lot Info

  • Parcel #: 1500915
  • Zoning Description: Multi-Family

Tax Info

  • Tax Annual Amount: 753.15
  • Tax Year: 2016

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
Nov 25, 2017
Sold by
Bought by
Current Estimated Value
$509,352

Purchase Details

Listed on
Jul 22, 2016
Closed on
Sep 8, 2016
Sold by
Bought by
Seller's Agent
Don Thomas
LIV Sotheby's I.R.
Buyer's Agent
Barbara Rankin
Cornerstone RE Rocky Mountains
List Price
$242,000
Sold Price
$242,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%
Original Mortgage
$181,500
Outstanding Balance
$141,392
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$367,960

Purchase Details

Closed on
Jul 17, 2007
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
$10,000
Interest Rate
3%
Mortgage Type
Stand Alone Second
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Silverthorne, CO

  • Wendy Tancheff Real Estate Agent - RE/MAX Properties of the Summit

    Wendy Tancheff

    RE/MAX Properties of the Summit

    (970) 423-5822

    131 Total Sales

    41 in Silverthorne

    $68K - $5.2M Price Range

    Wendy Tancheff
     Section Image
  • Samantha Meister Real Estate Agent - Summit Resort Group

    Samantha Meister

    Summit Resort Group

    (970) 423-2813

    33 Total Sales

    12 in Silverthorne

    $553K - $2.8M Price Range

    Samantha Meister
     Section Image
  • Stevenson Farnsworth Real Estate Agent - 1858 Real Estate

    Stevenson Farnsworth

    1858 Real Estate

    (844) 278-0677

    38 Total Sales

    1 in Silverthorne

    $490,000 Price

    Stevenson Farnsworth
     Section Image
  • Seth Larson Real Estate Agent - Real

    Seth Larson

    Real

    (720) 800-0280

    44 Total Sales

    1 in Silverthorne

    $906,250 Price

    Seth Larson
     Section Image
  • Irene Crossland Real Estate Agent - LIV Sothebys International Realty- Breckenridge

    Irene Crossland

    LIV Sothebys International Realty- Breckenridge

    (970) 401-7703

    38 Total Sales

    28 in Silverthorne

    $600K - $3.2M Price Range

    Irene Crossland
     Section Image
  • Lauren Fredrickson Real Estate Agent - Galles Properties

    Lauren Fredrickson

    Responds Quickly

    Galles Properties

    (970) 423-9898

    111 Total Sales

    1 in Silverthorne

    $522,320 Price

    Lauren Fredrickson
     Section Image
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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 Available
$242,000 Stewart Title
$219,000 Stewart Title
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 $181,500
Previous Owner $10,000
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
09/08/2016 09/08/16 Sold $242,000 0.0% $309 / Sq Ft
08/09/2016 08/09/16 Pending -- -- --
07/22/2016 07/22/16 For Sale $242,000 -- $309 / Sq Ft
Source: Summit MLS

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 $1,922 $35,686 $35,686
2024 $2,007 $40,843 $40,843
2023 $2,007 $37,158 $0 $0
2022 $1,352 $23,658 $0 $0
2021 $1,364 $24,339 $0 $0
2020 $1,128 $21,514 $0 $0
2019 $1,113 $21,514 $0 $0
2018 $938 $17,573 $0 $0
2017 $858 $17,573 $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

  • DT

    Seller's Agent in 2016

    Don Thomas

    LIV Sotheby's I.R.

    (970) 409-9133

    33 Total Sales

    Don Thomas
    Section Image
  • Barbara Rankin Real Estate Agent - Cornerstone RE Rocky Mountains

    Buyer's Agent in 2016

    Barbara Rankin

    Cornerstone RE Rocky Mountains

    (970) 771-3959

    51 Total Sales

    Barbara Rankin
    Section Image
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Map

Source: Summit MLS

MLS Number: S1001967

Summit MLS

APN: 1500915

Colorado Summit County Silverthorne 80498

661 Rainbow Dr Unit 551, Silverthorne, CO

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Summit MLS Copyright © 2026 SAR MLS. The information displayed herein was derived from sources believed to be accurate, but has not been verified by SAR MLS. Buyers are cautioned to verify all information to their own satisfaction. This information is exclusively for viewers’ personal, non-commercial use. Any republication or reproduction of the information herein without the express permission of the SAR MLS is strictly prohibited.

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