NOT LISTED FOR SALE

2650 Medicine Springs Dr Unit 5 Steamboat Springs, CO 80487

Estimated Value: $1,895,056 - $2,142,000

4 Beds
5 Baths
2,130 Sq Ft
$941/Sq Ft Est. Value

Last Sold November 30, 2016

Last sale price $490,000 $230 Per Sq Ft

Est. 309% increase in value since last sale

Current estimated payment $10,857/month

160 Days on Market

Highlights

  • Transportation Service
  • Wood Flooring
  • Laundry closet
  • Strawberry Park Elementary School Rated A-
  • 2 Car Attached Garage
  • Forced Air Heating System

About This Home

As of November 2016

The Waterford is located within walking distance to Steamboat’s champagne powder, base area restaurants, shopping and amenities. This spacious, well maintained end unit has many recent upgrades. All new windows and sliding glass doors, granite tops, wood floors, appliances and window treatments. Featuring an open floor plan, lots of storage, a 2 car garage, and 4 en-suite bedrooms, two of which are set up as master suites. This townhome is perfect for a year round family or large enough for two families to share as a second home with the option to rent nightly or long term. For the buyer looking for a great value, at $232.30 per square foot, this is the deal you have been waiting for!. Basement: NONE

Last Agent to Sell the Property

Pam Lindahl

Steamboat Real Estate, Inc License #40021766 Listed on: 05/23/2016

Last Buyer's Agent

Kathy Steinberg

Steamboat Sotheby's International Realty License #EA1312567

Steamboat Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,508

Year Built

  • Built in 1982

Lot Details

  • 828

Parking

  • 2 Car Attached Garage
  • Assigned Parking

Home Design

  • Frame Construction
  • Wood Siding

Interior Spaces

  • 2,130 Sq Ft Home
  • Gas Fireplace
  • Laundry closet

Kitchen

  • Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Soda Creek Elementary School

Utilities

  • Forced Air Heating System
  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number 172000005

Community Details

Pet Policy

  • Only Owners Allowed Pets

Additional Features

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,508

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Directions: Walton Creek, left onto Village Drive, right on Medicine Springs, right into Waterford Townhomes - follow road around, unit is on your right after the second right. #5 on the corner.
  • Garage Yn: Yes
  • Structure Type: Multi Family
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Oven, Refrigerator
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Gas
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Fireplace

Exterior Features

  • Exclusions: Do Not Know
  • Construction Type: Frame, Wood Siding

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Closet
  • Heating: Baseboard, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Transportation Service
  • Association Fee Frequency: Quarterly
  • Pets Allowed: Owner Only, Pet Restrictions

Fee Information

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

Schools

  • Elementary School: Soda Creek

Lot Info

  • Parcel #: 172000005
  • Zoning Description: See Remarks

Tax Info

  • Tax Annual Amount: 1508.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2024
Sold by
Walton James P and Walton Deborah L
Bought by
Waterford Five Llc
Current Estimated Value
$2,004,764

Purchase Details

Listed on
May 23, 2016
Closed on
Nov 30, 2016
Sold by
Mayer Nancy A
Bought by
Walton James P and Walton Deborah L
Seller's Agent
Pam Lindahl
Steamboat Real Estate, Inc
Buyer's Agent
Kathy Steinberg
Steamboat Sotheby's International Realty
List Price
$490,000
Sold Price
$490,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.13%

Purchase Details

Listed on
Aug 18, 2012
Closed on
Dec 18, 2012
Sold by
Franzel David H
Bought by
Mayer Nancy A
Seller's Agent
Kathy Steinberg
Steamboat Sotheby's International Realty
Buyer's Agent
Pam Lindahl
Steamboat Real Estate, Inc
List Price
$410,000
Sold Price
$410,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.62%

Purchase Details

Closed on
Jun 29, 2012
Sold by
Franzel David Hiller and Franzel Sonia Ruth
Bought by
Franzel David H and David H Franzel Revocable Living Trust

Purchase Details

Closed on
Jul 24, 2006
Sold by
Franzel David Hiller and Franzel Sonia Ruth
Bought by
Franzel David Hiller and Franzel Sonia Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 26, 2006
Sold by
Dooley Daniel J
Bought by
Franzel David Hiller and Franzel Sonia Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 20, 2006
Sold by
Gall James
Bought by
Dooley Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Five Llc $500 None Listed On Document
Walton James P $490,000 Heritage Title Company
Mayer Nancy A $410,000 Heritage Title
Franzel David H -- None Available
Franzel David Hiller -- None Available
Franzel David Hiller $415,000 None Available
Dooley Daniel J $363,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Franzel David Hiller $332,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2016 11/30/16 Sold $490,000 0.0% $230 / Sq Ft
10/31/2016 10/31/16 Pending -- -- --
05/23/2016 05/23/16 For Sale $490,000 +19.5% $230 / Sq Ft
12/18/2012 12/18/12 Sold $410,000 0.0% $156 / Sq Ft View Prior Sale
11/18/2012 11/18/12 Pending -- -- --
08/18/2012 08/18/12 For Sale $410,000 -- $156 / 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 $1,380 $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: SSS160899

Summit MLS

APN: R0625995