NOT LISTED FOR SALE

818 N Rainbow Rd Durango, CO 81303

Estimated Value: $176,000 - $177,000

4.66 Acres
$37,868 Price per Acre
202,990 Sq Ft Lot

Last Sold June 04, 2021

Last sale price $95,000

Est. 86% increase in value since last sale

Current estimated payment $1,105/month

338 Days on Market

About This Lot

As of June 2021

YOU DON'T HAVE TO BE A MILLIONAIRE TO ENJOY THESE MILLION DOLLAR VIEWS... AND RIVER ACCESS, TOO! This Unique 4.66 acre property has multiple elevated building sites set amid healthy juniper. The Steep driveway ensures privacy and the HEIGHT it gets you to allows one to create the TRUE COLORADO HOME with Big Skies & Open, Unobstructed Views! Residing up high, you can watch the hawks at eye level as they glide up & down the Animas River, listening to the water flow as it winds its way down the river. This Land is centrally located close to downtown Durango, Mercy Regional Hospital and the Airport, with an easy commute to Farmington. Electricity is at the property line, and a water well has already been dug, ready for pump installation. The extended driveway has been roughed in, and it is grandfathered under prior county codes. River Access is included via a 1-acre common area owned by the HOA. The excellent Southern and Western exposure makes this an ideal property for renewable energy, using solar and wind power. You will feel safe on your private mountaintop, enjoying the beauty of the river and La Plata mountain views, yet easily connected to downtown Durango when you choose. Own your slice of the Colorado dream! GPS will tell you to turn before CR 214. Do not follow GPS as Rainbow Road has a gate you can't get through if you follow GPS. From Durango take US HWY 550 S. Turn right on CR 214. Turn right on N Rainbow Road. Go about 1.4 miles to sign on right. There are currently many interested parties and offers being presented to the seller. Call the listing agent to inquire.

Last Agent to Sell the Property

Anand McManus

Keller Williams Realty Southwest Associates, LLC Listed on: 06/03/2020

Keller Williams Realty Southwest Associates, LLC

Last Buyer's Agent

Ted Talmon

Keller Williams Realty Southwest Associates, LLC

Keller Williams Realty Southwest Associates, LLC

Property Details

Property Type

  • Land

Lot Details

  • 4.66

HOA Fees

  • $33 Monthly HOA Fees

Schools

  • Florida Mesa K-5 Elementary School
  • Escalante 6-8 Middle School
  • Durango 9-12 High School

Additional Features

  • 4.66 Acre Lot
  • Well

Community Details

  • Animas View Estates HOA

Listing and Financial Details

  • Security Deposit $5,000
  • Assessor Parcel Number 590519300585

Property Details

Property Type

Land

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Class: Land
  • Em Holder: Land Title Guarantee
  • Legal Lot Block: Subdivision: ANIMAS VIEW ESTATES #2 91-173 Lot: 11 818 N RAINBOW RD DURANGO 81303
  • Parcel Id Number: 590519300585
  • HOA Fee Frequency: Bi-Annual
  • Type: Residential
  • Half Bathrooms: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Estimated Total Acres: 4.66
  • Current Property Use: Residential Single Family
  • Em Deposit: 5,000
  • Mineral Rights: Unknown
  • Price Acre: 21437.77
  • Modularmobile Allow: Modular Only
  • Price per Sq Ft: 0.49
  • Sold Priceacre: 20386.27
  • HOA Fees: Yes
  • Total Taxes Dollar: 1583.36
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Full Bathrooms: 0

Utilities

  • Electric Supplier: La Plata Electric Association
  • Water Supplier: Well
  • Water Well: Yes
  • Well Permit Number: 248668

Condo/Co-op/Association

  • HOA: Yes
  • Hoametro Fees: 200
  • Hoa Name: Animas View Estates

Schools

  • Elementary School: Florida Mesa K-5
  • Middle School: Escalante 6-8
  • High School: Durango 9-12
  • High School: Durango 9-12

Lot Info

  • Geo Subdivision: CO

Tax Info

  • Tax Year: 2019

MLS Schools

  • Elementary School: Florida Mesa K-5
  • Middle School: Escalante 6-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Jun 4, 2021
Sold by
Iris Mindy
Bought by
Frasure Rachel Bauske and Frasure William Chance
Seller's Agent
Anand McManus
Keller Williams Realty Southwest Associates, LLC
Buyer's Agent
Ted Talmon
Keller Williams Realty Southwest Associates, LLC
List Price
$99,900
Sold Price
$95,000
Premium/Discount to List
-$4,900
-4.9%
Total Days on Market
338
Current Estimated Value
$176,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,467
Avg. Annual Appreciation
16.79%

Purchase Details

Listed on
Jun 3, 2020
Closed on
Jun 1, 2021
Sold by
Iris Mindy
Bought by
Frasure Rachel Bauske and Frasure William Chance
Seller's Agent
Anand McManus
Keller Williams Realty Southwest Associates, LLC
Buyer's Agent
Ted Talmon
Keller Williams Realty Southwest Associates, LLC
List Price
$99,900
Sold Price
$95,000
Premium/Discount to List
-$4,900
-4.9%

Purchase Details

Closed on
May 22, 2012
Sold by
Iris Mindy
Bought by
Iris Mindy

Purchase Details

Closed on
Sep 1, 1995
Bought by
Iris Mindy
Source: Public Records

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Range of Values:

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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
Frasure Rachel Bauske $95,000 Land Title Guarantee Company
Iris Mindy -- None Available
Iris Mindy $34,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2021 06/04/21 Sold $95,000 -4.9% --
05/07/2021 05/07/21 Pending -- -- --
05/05/2021 05/05/21 For Sale $99,900 0.0% --
04/22/2021 04/22/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $99,900 0.0% --
04/12/2021 04/12/21 Pending -- -- --
11/15/2020 11/15/20 Price Changed $99,900 -8.3% --
06/03/2020 06/03/20 For Sale $108,900 -- --
Source: Colorado Real Estate Network (CREN)

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 $1,624 $37,040 $35,350 $1,690
2023 $1,624 $37,040 $35,350 $1,690
2022 $1,831 $38,510 $36,750 $1,760
2021 $1,796 $41,450 $39,510 $1,940
2020 $1,712 $40,670 $38,720 $1,950
2019 $1,583 $40,670 $38,720 $1,950
2018 $1,422 $36,580 $34,770 $1,810
2017 $1,393 $36,580 $34,770 $1,810
2016 $1,088 $30,950 $29,240 $1,710
2015 $1,025 $30,950 $29,240 $1,710
2014 -- $29,980 $29,240 $740
2013 -- $8,880 $8,030 $850
Source: Public Records

Agents Affiliated with this Home

  • Anand McManus

    Seller's Agent in 2021

    Anand McManus

    Keller Williams Realty Southwest Associates, LLC

    (970) 739-3165

    54 Total Sales

    Anand McManus
    Section Image
  • Ted Talmon

    Buyer's Agent in 2021

    Ted Talmon

    Keller Williams Realty Southwest Associates, LLC

    (970) 749-7101

    24 Total Sales

    Ted Talmon
    Section Image
See All Agents

Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 770223

Colorado Real Estate Network (CREN)

APN: R023705

Colorado La Plata County Durango 81303

818 N Rainbow Rd, Durango, CO

This home is located at 818 N Rainbow Rd, Durango, CO 81303 since 03 June 2020 and is currently estimated at $176,467. 818 N Rainbow Rd is a home located in La Plata County with nearby schools including Sunnyside Elementary School, Escalante Middle School, and Durango High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Colorado Real Estate Network (CREN) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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