NOT LISTED FOR SALE

951 Rainbow Way Boulder, CO 80303

Estimated Value: $1,337,409

1.02 Acres
$1,311,185 Price per Acre
44,431 Sq Ft Lot

Last Sold April 10, 2024

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

Est. 3% decrease in value since last sale

Current estimated payment $7,800/month

Highlights

  • Water Views
  • Wooded Lot
  • No HOA
  • Douglass Elementary School Rated A-
  • Corner Lot
  • Partially Fenced Property

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
$1,337,409

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,591
Avg. Annual Appreciation
-2.83%

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

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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
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 $219,000
Previous Owner Geolfos Martha M $255,754
Previous Owner Geolfos Martha M $254,433
Previous Owner Geolfos Martha M $274,135
Previous Owner Geolfos Martha M $272,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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

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Map

Source: IRES MLS

MLS Number: 1005705

IRES MLS

APN: 1463353-10-005