NOT LISTED FOR SALE

951 Rainbow Way Boulder, CO 80303

Southeast Boulder Neighborhood

Estimated Value: $1,307,019 - $1,404,000

1.02 Acres
$1,328,931 Price per Acre
44,431 Sq Ft Lot

Last Sold April 10, 2024

Last sale price $1,375,000 $583 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $7,783/month

Highlights

  • Water Views
  • 1.02 Acre Lot
  • Corner Lot
  • Douglass Elementary School Rated A-
  • Wooded Lot
  • No HOA

About This Lot

As of April 2024

One-of-a-kind lot with spectacular views of the Flatiron Mountains framed over Baseline Reservoir. Snow-capped back range mountain views to the west. Private wooded lot creates a special retreat to build your dream home. Property includes eligibility for membership to Baseline Reservoir (Currently there is a waiting list). Location provides best of both worlds with a rural feel, yet just a few minutes from downtown. Property is on city water and city sewer provided by Hoover Hill Water and Sanitation.

Last Agent to Sell the Property

Scott Miller

RE/MAX of Boulder, Inc Listed on: 03/23/2024

Last Buyer's Agent

Susan Martin

RE/MAX Alliance-Boulder

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,298

Lot Details

  • 1.02 Acre Lot
  • Partially Fenced Property
  • Wood Fence
  • Corner Lot
  • Level Lot
  • Wooded Lot

Property Views

  • Water
  • Mountain

Schools

  • Douglass Elementary School
  • Platt Middle School
  • Fairview High School

Community Details

  • No Home Owners Association
  • Lake Shore Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number R0037484

Property Details

Property Type

Land

Est. Annual Taxes

$8,298

Lot Details

0

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Horses: No
  • Lot Size Acres: 1.02
  • Road Surface Type: Asphalt
  • Subdivision Name: Lake Shore Estates
  • IRESDS_HasWaterRights: No
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Single Family

Exterior Features

  • Fencing: Partial, Wood
  • Lot Features: Corner Lot, Wooded, Level
  • View: Mountain(s), Foothills View, Water
  • Waterfront: No

Utilities

  • Electric: Electric, Xcel
  • Utilities: Natural Gas Available, Electricity Available
  • Sewer: City Sewer
  • Water Source: City Water, Hoover Hill
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • IRESDS_HasAssociation2Reserve: No
  • IRESDS_HasAssociation2Fee: No
  • IRESDS_HasAssociationReserve: No
  • IRESDS_HasAssociationFee: No

Schools

  • Elementary School: Douglass
  • HighSchool: Fairview
  • Junior High Dist: Boulder Valley Dist RE2
  • Middle Or Junior School: Platt

Lot Info

  • Zoning: RES
  • Lot Size Sq Ft: 44312
  • Parcel #: R0037484
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8298

Multi Family

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2024
Closed on
Apr 10, 2024
Sold by
Johnson Kirk L and Walters Heather E
Bought by
Conlin Michael Thomas and Conlin Diane Atnally
Seller's Agent
Scott Miller
RE/MAX of Boulder, Inc
Buyer's Agent
Susan Martin
RE/MAX Alliance-Boulder
List Price
$1,375,000
Sold Price
$1,375,000
Views
10
Current Estimated Value
$1,355,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$19,490
Avg. Annual Appreciation
-0.82%

Purchase Details

Listed on
Sep 14, 2021
Closed on
Dec 22, 2021
Sold by
Geolfos Colby D and Geolfos Debra Lynn
Bought by
Johnson Kirk L and Walters Heather E
Seller's Agent
Dan Kingdom
WK Real Estate
Buyer's Agent
Scott Miller
RE/MAX of Boulder, Inc
List Price
$1,275,000
Sold Price
$1,145,000
Premium/Discount to List
-$130,000
-10.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%

Purchase Details

Closed on
Nov 20, 1998
Sold by
Swanton Marshal T
Bought by
Geolfos Martha M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,800
Interest Rate
6.62%

Purchase Details

Closed on
Oct 30, 1998
Sold by
Swanton Marshall T and Estate Of Mary E Swanton
Bought by
Swanton Marshal T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,800
Interest Rate
6.62%

Purchase Details

Closed on
Jul 20, 1992
Bought by
Geolfos Martha M

Purchase Details

Closed on
Jul 17, 1992
Bought by
Geolfos Martha M
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
Conlin Michael Thomas $1,375,000 Land Title
Johnson Kirk L $145,000 Fidelity National Title Co
Geolfos Martha M $363,750 --
Swanton Marshal T -- --
Geolfos Martha M $200,000 --
Geolfos Martha M $200,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Geolfos Martha M $272,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/10/2024 04/10/24 Sold $1,375,000 0.0% $583 / Sq Ft
03/23/2024 03/23/24 Pending -- -- --
03/23/2024 03/23/24 For Sale $1,375,000 +20.1% $583 / Sq Ft
04/04/2022 04/04/22 Off Market $1,145,000 -- --
12/22/2021 12/22/21 Sold $1,145,000 -4.2% $485 / Sq Ft View Prior Sale
10/20/2021 10/20/21 Price Changed $1,195,000 -6.3% $506 / Sq Ft
09/14/2021 09/14/21 For Sale $1,275,000 -- $540 / Sq Ft
Source: IRES MLS

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
2025 $8,420 $486,324 $486,324 --
2024 $8,420 $486,324 $486,324 $45,198
2023 $8,298 $85,110 $43,597 $45,198
2022 $6,531 $62,647 $35,125 $27,522
2021 $5,568 $64,450 $36,136 $28,314
2020 $5,152 $57,994 $24,954 $33,040
2019 $5,075 $57,994 $24,954 $33,040
2018 $4,364 $50,450 $20,952 $29,498
2017 $4,247 $55,776 $23,164 $32,612
2016 $3,977 $46,996 $30,009 $16,987
2015 $3,758 $42,618 $27,462 $15,156
2014 $3,996 $42,618 $27,462 $15,156
Source: Public Records

Agents Affiliated with this Home

  • Scott Miller

    Seller's Agent in 2024

    Scott Miller

    RE/MAX

    (303) 440-6464

    2 in this area

    42 Total Sales

    Scott Miller
    Section Image
  • Susan Martin

    Buyer's Agent in 2024

    Susan Martin

    RE/MAX

    (720) 470-7939

    1 in this area

    16 Total Sales

    Susan Martin
    Section Image
  • Dan Kingdom

    Seller's Agent in 2021

    Dan Kingdom

    WK Real Estate

    (303) 541-1924

    3 in this area

    27 Total Sales

    Dan Kingdom
    Section Image
See All Agents

Map

Source: IRES MLS

MLS Number: 1005705

IRES MLS

APN: 1463353-10-005

Colorado Boulder County Boulder 80303 Southeast Boulder

951 Rainbow Way, Boulder, CO

Not Listed for Sale

Lots

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.

IRES MLS Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.

Listing information is provided exclusively for consumers' 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 deemed reliable but not guaranteed by the MLS.

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