NOT LISTED FOR SALE

2650 Medicine Springs Dr Unit 10 Steamboat Springs, CO 80487

Estimated Value: $1,566,000 - $1,976,000

4 Beds
5 Baths
2,130 Sq Ft
$855/Sq Ft Est. Value

Last Sold October 25, 2019

Last sale price $640,000 $300 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $9,884/month

294 Days on Market

Highlights

  • Views of Ski Resort
  • Transportation Service
  • Baseboard Heating
  • Strawberry Park Elementary School Rated A-
  • 2 Car Attached Garage
  • Wood Siding

About This Home

As of October 2019

Beautiful Designer Fully Furnished Turnkey Townhome close to Everything. Must be seen to be appreciated, this 4 Bedroom, 4 1/2 Bath Unit is the Best in the complex. Completely remodeled in 2013 with Everything New - appliances, wood flooring, granite, furnishings, moss rock fireplace, hot tub, and stone paver patio with private back yard. Skylight and exposed beams and high ceilings in Main Living Areas only add to the livability and ambience of this Special property. Kenmore Elite and Samsung stainless appliances complete the roomy and functional kitchen. Lots of space for everyone around the variegated slab granite island and the dining area is in cozy proximity. 2 car garage, keyless entry, custom storage in entry next to hot tub room complete this Spectacular property. Seasonal Pool and Winter Shuttle Amenities put this really over the Top.. Basement: NONE

Last Agent to Sell the Property

BILL PYLE

Pyle Realty License #EI1320610 Listed on: 12/04/2018

Last Buyer's Agent

J Cameron Boyd

Steamboat Sotheby's International Realty License #EA332511

Steamboat Sotheby's International Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,134

Year Built

  • Built in 1982

Lot Details

  • 828

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Property Views

  • Ski Resort
  • Mountain

Home Design

  • 2,130 Sq Ft Home
  • Frame Construction
  • Composition Roof
  • Wood Siding
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Soda Creek Elementary School
  • Steamboat Springs Middle School
  • Steamboat Springs High School

Utilities

  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Baseboard Heating

Listing and Financial Details

  • Exclusions: Yes,none
  • Assessor Parcel Number R0625835

Community Details

Overview

  • Association fees include cable TV, ground maintenance, maintenance structure, road maintenance, sewer, snow removal, trash, water
  • Resort Group Center Owners Association
  • Waterford Townhomes Community

Amenities

  • Transportation Service

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,134

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Directions: Take Walton Creek toward Mtn, left on Village Drive, right on Medecine Springs Drive, right into Waterford Townhomes complex. Go to back row of Townhomes. Unit #10 is in the middle of back row, on the left.
  • Building Name: Waterford Townhomes
  • Garage Yn: Yes
  • Year Built: 1982
  • Property Sub Type Additional: Townhouse
  • Special Features: None

Interior Features

  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Living Area: 2130.0

Exterior Features

  • View: Mountain(s), Ski Area
  • View: Yes
  • Exclusions: Yes,none
  • Construction Type: Block, Frame, Concrete, Stone, Wood Siding
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Assigned, Attached, Garage, Two Spaces
  • Total Parking Spaces: 1.0

Utilities

  • Heating: Baseboard, Natural Gas, Radiant
  • Heating Yn: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Transportation Service
  • Association Fee Frequency: Quarterly
  • Association Name: Resort Group Center Owners Association

Fee Information

  • Association Fee Includes: Cable TV, Maintenance Grounds, Maintenance Structure, Road Maintenance, Sewer, Snow Removal, Trash, Water

Schools

  • Elementary School: Soda Creek
  • High School: Steamboat Springs
  • Middle Or Junior School: Steamboat Springs

Lot Info

  • Parcel #: R0625835
  • Zoning Description: See Remarks

Tax Info

  • Tax Annual Amount: 1134.0
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2018
Closed on
Oct 25, 2019
Sold by
Waterford Townhome 10 Trust
Bought by
Ritche Jonathon and Ritche Tatum
Seller's Agent
BILL PYLE
Pyle Realty
Buyer's Agent
J Cameron Boyd
Steamboat Sotheby's International Realty
List Price
$640,000
Sold Price
$640,000
Current Estimated Value
$1,822,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,182,104
Avg. Annual Appreciation
19.02%
Original Mortgage
$512,000
Outstanding Balance
$449,526
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,372,578

Purchase Details

Closed on
Oct 27, 2017
Sold by
Pon Steven Gerritt and Pon Harvest Rose
Bought by
Waterford Townhome 10 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$488,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 18, 2012
Closed on
Dec 21, 2012
Sold by
Sandstead Michele W
Bought by
Pon Steven Gerritt and Pon Harvest Rose
Seller's Agent
Joan Conroy
Steamboat Sotheby's International Realty
Buyer's Agent
Angela Ashby
NextHome Mountain Properties
List Price
$295,000
Sold Price
$295,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.21%
Original Mortgage
$221,250
Interest Rate
3.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Ritche Jonathon $640,000 Land Title Guarantee Co
Waterford Townhome 10 Trust $610,000 Land Title Guarantee Co
Pon Steven Gerritt $295,000 Heritage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ritche Jonathon $512,000
Previous Owner Waterford Townhome 10 Trust $488,000
Previous Owner Pon Steven Gerritt $221,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/25/2019 10/25/19 Sold $640,000 0.0% $300 / Sq Ft
09/25/2019 09/25/19 Pending -- -- --
12/04/2018 12/04/18 For Sale $640,000 +116.9% $300 / Sq Ft
12/21/2012 12/21/12 Sold $295,000 0.0% $112 / Sq Ft View Prior Sale
11/21/2012 11/21/12 Pending -- -- --
05/18/2012 05/18/12 For Sale $295,000 -- $112 / Sq Ft
Source: Summit 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
2024 $4,162 $99,290 $0 $99,290
2023 $4,162 $99,290 $0 $99,290
2022 $2,696 $48,850 $0 $48,850
2021 $2,745 $50,260 $0 $50,260
2020 $2,230 $41,120 $0 $41,120
2019 $2,175 $41,120 $0 $0
2018 $1,148 $23,000 $0 $0
2017 $1,134 $23,000 $0 $0
2016 $1,195 $26,280 $0 $26,280
2015 $1,169 $26,280 $0 $26,280
2014 $1,380 $29,670 $0 $29,670
2012 -- $38,820 $0 $38,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Summit MLS

MLS Number: SS7183673

Summit MLS

APN: R0625835