NOT LISTED FOR SALE

2650 Medicine Springs Dr Unit 16 Steamboat Springs, CO 80487

Estimated Value: $1,985,000 - $2,277,000

4 Beds
4.5 Baths
2,130 Sq Ft
$982/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $1,850,000 $869 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $11,347/month

447 Days on Market

Highlights

  • Transportation Service
  • Contemporary Architecture
  • 1 Fireplace
  • Strawberry Park Elementary School Rated A-
  • Wood Flooring
  • Furnished

About This Home

As of September 2023

Spacious and recently remodeled Waterford Townhome located in the heart of the mountain area. Just a short walk to the Steamboat Ski Area and all of the restaurants, shops and activities. Boasting over 2,100 square feet of living space on three levels, 4 bedrooms, 3 with ensuite baths, a bonus bunk room, and a open main level living area, this property is ideal for entertaining and hosting a large group. With on call shuttle service, community pool, and a two car heated garage, this townhome is the ideal investment property that consistently grosses six-figure income each year. The perfect mountain retreat being offered fully furnished and ready for you to enjoy everything Steamboat has to offer. This retreat will create lasting memories for your family and friends. *** SELLER IS OFFERING FINANCING OPTION. Please contact Listing Agent for details ***. Basement: FULL

Last Agent to Sell the Property

David Baldinger

Steamboat Sotheby's International Realty License #EA1322064 Listed on: 06/01/2022

Steamboat Sotheby's International Realty

Last Buyer's Agent

Alexander Pond

The Steamboat Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,745

Year Built

  • Built in 1982

Lot Details

  • 784

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Mountain Architecture
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,130 Sq Ft Home
  • Furnished
  • 1 Fireplace
  • Laundry in unit

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Strawberry Park Elementary School
  • Steamboat Springs Middle School
  • Steamboat Springs High School

Utilities

  • Baseboard Heating
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Exclusions: No,Can be provided upon request.
  • Assessor Parcel Number R4258953

Community Details

Overview

  • Association fees include cable TV, insurance, internet, irrigation water, ground maintenance, maintenance structure, road maintenance, snow removal, trash
  • Waterford Townhome Homeowners Associatio Association

Amenities

  • Transportation Service

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,745

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Directions: Walton Creek Road, left of Village Drive, right on Medicine Springs Drive. Townhome #16 is on the left.
  • Architectural Style: Contemporary, Mountain
  • Garage Yn: Yes
  • Year Built: 1982
  • Property Sub Type Additional: Townhouse
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Appliances: Dishwasher, Disposal, Microwave, Oven, Range, Refrigerator
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood

Exterior Features

  • Exclusions: No,Can be provided upon request.
  • Construction Type: Frame, Concrete, Wood Siding
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

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

Utilities

  • Laundry Features: In Unit
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, High Speed Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Transportation Service
  • Association Fee Frequency: Quarterly
  • Association Name: Waterford Townhome Homeowners Associatio

Fee Information

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

Schools

  • Elementary School: Strawberry Park
  • High School: Steamboat Springs
  • Middle Or Junior School: Steamboat Springs

Lot Info

  • Parcel #: R4258953
  • Zoning Description: See Remarks

Tax Info

  • Tax Annual Amount: 2745.0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Sep 22, 2023
Sold by
Gebel Cory R and Gebel Jamie J
Bought by
Waterford 16 Llc
Seller's Agent
David Baldinger
Steamboat Sotheby's International Realty
Buyer's Agent
Alexander Pond
The Steamboat Group
List Price
$1,850,000
Sold Price
$1,850,000
Current Estimated Value
$2,091,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$241,225
Avg. Annual Appreciation
6.01%
Original Mortgage
$650,000
Outstanding Balance
$617,812
Interest Rate
6.96%
Mortgage Type
Seller Take Back
Estimated Equity
$1,473,413

Purchase Details

Listed on
Jan 9, 2019
Closed on
Jan 31, 2019
Sold by
Teigland Paul and Teigland Julie
Bought by
Gebel Cory R and Gebel Janie J
Seller's Agent
Ryan Cox
Steamboat Sotheby's International Realty
Buyer's Agent
David Baldinger
Steamboat Sotheby's International Realty
List Price
$690,000
Sold Price
$690,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.68%

Purchase Details

Closed on
Jun 13, 2014
Sold by
Mobile Sports Medicine Systems Inc
Bought by
Teigland Paul and Teigland Julie
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
Waterford 16 Llc $1,850,000 Land Title
Gebel Cory R $690,000 Land Title Guarantee Co
Teigland Paul $330,000 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waterford 16 Llc $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2023 09/22/23 Sold $1,850,000 0.0% $869 / Sq Ft
08/23/2023 08/23/23 Pending -- -- --
06/01/2022 06/01/22 For Sale $1,850,000 +168.1% $869 / Sq Ft
01/31/2019 01/31/19 Sold $690,000 0.0% $324 / Sq Ft View Prior Sale
01/09/2019 01/09/19 For Sale $690,000 -- $324 / 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 $4,809 $114,730 $0 $114,730
2023 $4,809 $114,730 $0 $114,730
2022 $2,696 $48,850 $0 $48,850
2021 $2,745 $50,260 $0 $50,260
2020 $1,652 $30,460 $0 $30,460
2019 $1,611 $30,460 $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 -- $38,790 $0 $38,790
Source: Public Records

Agents Affiliated with this Home

  • David Baldinger

    Seller's Agent in 2023

    David Baldinger

    Steamboat Sotheby's International Realty

    (970) 457-4421

    93 Total Sales

    David Baldinger
    Section Image
  • Alexander Pond

    Buyer's Agent in 2023

    Alexander Pond

    The Steamboat Group

    (970) 846-5971

    125 Total Sales

    Alexander Pond
    Section Image

  • R

    Seller's Agent in 2019

    Ryan Cox

    Steamboat Sotheby's International Realty

    (970) 819-7807

    42 Total Sales

    Ryan Cox
    Section Image
  • Darrin Fryer

    Seller Co-Listing Agent in 2019

    Darrin Fryer

    Steamboat Sotheby's International Realty

    (970) 846-5551

    49 Total Sales

    Darrin Fryer
    Section Image
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Map

Source: Summit MLS

MLS Number: SS4338802

Summit MLS

APN: R4258953

Colorado Routt County Steamboat Springs 80487

2650 Medicine Springs Dr Unit 16, Steamboat Springs, CO

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