NOT LISTED FOR SALE

2650 Medicine Springs Dr Unit 27 Steamboat Springs, CO 80487

Estimated Value: $1,940,000 - $1,977,000

3 Beds
4.5 Baths
2,130 Sq Ft
$918/Sq Ft Est. Value

Last Sold March 03, 2014

Last sale price $408,000 $192 Per Sq Ft

Est. 379% increase in value since last sale

Current estimated payment $10,595/month

91 Days on Market

Highlights

  • Transportation Service
  • Mountain View
  • Furnished
  • Strawberry Park Elementary School Rated A-
  • Wood Flooring
  • Double Convection Oven

About This Home

As of March 2014

Main living area beautifully renovated in 2010 - opened up as one great room with wood flooring, all new kitchen cabinets, appliances (including double oven), granite counter tops, matching side buffet and lighting. Great views over swimming pool to Emerald Mountain and the sunsets. 2013/14 Exterior upgrade in progress. Entire complex will have all new exteriors, garage doors (installed already), railings, colors and trim. Should be complete by mid summer of 2014. Insulation was blown into attic space summer of 2013. HOA includes wireless internet and cable. New 110 gallon water heater 2010. Unit has not been in the rental pool for past three years but will be starting Winter of 2013/14.

Last Agent to Sell the Property

Mark Elting

Steamboat Sotheby's International Realty License #00259101 Listed on: 11/01/2013

Last Buyer's Agent

Stephan Zittel

The Group Real Estate, LLC License #FA40041136

The Group Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,789

Year Built

  • Built in 1982

Lot Details

  • East Facing Home

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Property Views

  • Mountain
  • Valley

Home Design

  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,130 Sq Ft Home
  • Furnished
  • Gas Fireplace
  • Wood Flooring

Kitchen

  • Double Convection Oven
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Schools

  • Strawberry Park Elementary School

Utilities

  • Baseboard Heating
  • Electric Water Heater

Community Details

  • Association fees include cable TV, insurance, ground maintenance, maintenance structure, sewer, snow removal, trash, water
  • Transportation Service

Listing and Financial Details

  • Assessor Parcel Number 172000027

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,789

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Directions: Walton Creek Rd to Village Drive (left) then right on Medicine Springs to Waterford Project - unit 27.
  • Garage Yn: Yes
  • Structure Type: Multi Family
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Furnished: Furnished
  • Appliances: Convection Oven, Double Oven, Dishwasher, Electric Water Heater, Disposal, Refrigerator, Range Hood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Wood
  • Interior Amenities: Fireplace

Exterior Features

  • View: Mountain(s), Valley
  • View: Yes
  • Exclusions: Do Not Know
  • Construction Type: Frame, Wood Siding
  • Direction Faces: East
  • Roof: Metal

Garage/Parking

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

Utilities

  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Transportation Service
  • Association Fee Frequency: Quarterly

Fee Information

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

Schools

  • Elementary School: Strawberry Park

Lot Info

  • Parcel #: 172000027
  • Zoning Description: See Remarks

Tax Info

  • Tax Annual Amount: 1789.12
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 1, 2013
Closed on
Mar 3, 2014
Sold by
Buslepp Sharon A
Bought by
Demkowski Michael
Seller's Agent
Mark Elting
Steamboat Sotheby's International Realty
Buyer's Agent
Stephan Zittel
The Group Real Estate, LLC
List Price
$408,000
Sold Price
$408,000
Current Estimated Value
$1,954,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,546,806
Avg. Annual Appreciation
14.38%
Original Mortgage
$326,400
Outstanding Balance
$248,615
Interest Rate
4.47%
Mortgage Type
New Conventional
Estimated Equity
$1,706,191
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
Demkowski Michael $408,000 Land Title Guarantee Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demkowski Michael $326,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2014 03/03/14 Sold $408,000 0.0% $192 / Sq Ft
02/01/2014 02/01/14 Pending -- -- --
11/01/2013 11/01/13 For Sale $408,000 -- $192 / 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 $4,357 $103,940 $0 $103,940
2023 $4,357 $103,940 $0 $103,940
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 $1,531 $30,670 $0 $0
2017 $1,512 $30,670 $0 $0
2016 $1,542 $33,910 $0 $33,910
2015 $1,508 $33,910 $0 $33,910
2014 $1,538 $33,060 $0 $33,060
2012 -- $42,980 $0 $42,980
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Mark Elting

    Steamboat Sotheby's International Realty

  • S

    Buyer's Agent in 2014

    Stephan Zittel

    The Group Real Estate, LLC

    (970) 846-4803

    8 Total Sales

    Stephan Zittel
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Map

Source: Summit MLS

MLS Number: SSS137572

Summit MLS

APN: R4258951

Colorado Routt County Steamboat Springs 80487

2650 Medicine Springs Dr Unit 27, Steamboat Springs, CO

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