Check Availability

1321 Rainbow Drive

1321 Rainbow Drive, Silverthorne, CO 80498
Property in Summit
Sold Apr 18, 2017
$950,000
$596,000 by Flagstar Bank Fsb
Mortgage Due Jun 01, 2036
Sold Apr 18, 2017
$950,000
$625,000 by Mountain Tropic Connections In
Mortgage Due May 01, 2047
1321 Rainbow Drive has been categorized by the local assessors in Silverthorne, CO as a residential type of property. The building on the property was first built in 1991 and is 33 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1321 Rainbow Drive has 3,681 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 21,780 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 1,008 sqft. According to our sources, there are a total of 3 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of wood siding. In terms of heating, it is utilizing a forced air unit. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1321 Rainbow Drive was last sold in Apr 14, 2017 for $950,000. According to our calculations, that's $258.08 per sqft. Prior to that sales transaction, the property was sold for $950,000 in Apr 14, 2017. Current property owners are expected to pay $6,387 in taxes per year. The property on 1321 Rainbow Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $87,945. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 480
  • Garage Type: Attached
  • Garage Square Area: 1,008
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 3,681
  • Building Area: 3,681
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 3,681
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: BLUE RIVER VALLEY RANCH LAKES SUB
  • Land Acres: 0.5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 3 BLOCK 1 BLUE RIVER VALLEY RANCH LAKES SUB

Ownership

  • Current Owner : RUBIN PETER C
  • Current Owner 2: RUBIN JUDITH L
  • Previous Owner : MCHOSE QUALIFIED PERSONAL RESIDENCE TRUS
  • Owner Before Previous Owner: MCHOSE QUALIFIED PERSONAL RESIDENCE TRUS
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Summit School District RE-1
  • Census Tract: 000103

Zoning

  • Zoning: CRP

Geography

  • Parcel: 1300424
  • Block: 1
  • Lot: 3
  • Municipality: COUNTY
  • Latitude: 39.6461
  • Longitude: -106.074

    Address

  • Full Address: 1321 Rainbow Dr
  • Address - House Number: 1321
  • Address - Street Name: Rainbow
  • Address - Suffix Type: Dr
  • State: CO
  • City Name: Silverthorne
  • Zip Code: 80498

Valuation

    Tax

  • Total Area: 4,161
  • Tax Year: 2023
  • Tax Amount: $6,387
  • Tax Rate Code Area: 64

    Appraisal Valuation

  • Standard Deviation: 0.1839
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 2,159,763
  • High Value: 2,557,119
  • Low Value: 1,762,407

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $596,000
  • First Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • First Open Lien Mortgage Recording Date: Jun 07, 2021
  • First Open Lien Mortgage Loan Amount: $596,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2036

    Market Valuation

  • Market Total Value: $1,265,400
  • Market Land Value: $264,700
  • Market Improvement Value: $1,000,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $87,945

    Sales

  • Current Sale Contract Date: Apr 14, 2017
  • Current Sale Recording Date: Apr 18, 2017
  • Current Sale Transaction ID: 1807637028
  • Current Sale Price: $950,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1139363
  • Previous Sale Recording Date: Apr 18, 2017
  • Previous Sale Contract Date: Apr 14, 2017
  • Previous Sale Amount: $950,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MOUNTAIN TROPIC CONNECTIONS IN
  • First Mortgage Transaction Date: Apr 18, 2017
  • First Mortgage Loan Amount: $625,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2047

    Previous Mortgages

  • Previous Mortgage Lender: MOUNTAIN TROPIC CONNECTIONS IN
  • Previous Mortgage Transaction Date: Apr 18, 2017
  • Previous Mortgage Loan Amount: $625,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2047

About Summit



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1321 Rainbow Drive located in?
The 1321 Rainbow Drive is a located in the neighborhood of Summit in Summit, Silverthorne.
What is the average sales price for listings in 1321 Rainbow Drive?
The average sales price for units in 1321 Rainbow Drive is $0 currently.

Quantcast