NOT LISTED FOR SALE

31500 Runaway Place Unit 303 Steamboat Springs, CO 80487

Estimated Value: $439,000 - $553,280

2 Beds
2.5 Baths
953 Sq Ft
$727/mo HOA Fee

Last Sold July 15, 2024

Last sale price $535,000 $561 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,613/month

23 Days on Market

Highlights

  • Fitness Center
  • Ski Lockers
  • Wood Flooring
  • Soda Creek Elementary School Rated A-
  • Wood Burning Stove
  • Elevator

About This Home

As of July 2024

The classic Timbers Condominiums are located at the bottom of Rabbit Ears Pass and have easy access to back-country skiing, hiking, snowmobiling and more. This well-cared-for 2-story, 2 bed, 2 1/2 bath condo offers breathtaking views of Lake Catamount from every room. The bedrooms are both fully private. Each has a bathroom, closet, and sliding glass door access to the personal patio space and yard - a perfect setup for sunbathers, grill masters and pets alike! The cozy upstairs boasts a roomy open living room and kitchen with picturesque windows, wooden beams and a new high-efficiency wood-burning stove insert. Downtown and Steamboat Resort are less than 15 minutes away, where you will find plenty of dining, shopping and world-class skiing and biking. The complex has ample parking and backs up to a wilderness area that is full of all kinds of wildlife. Quiet neighborhood roads offer immediate access to long nature walks. Other amenities include a workout room, a sauna, laundry facilities, a common area with games, cozy furniture and a pool table, bike storage, and additional private storage space, all conveniently located on the same level as the apartment. Ski lockers are conveniently located on the ground level. Rentals in Steamboat are in high demand for owners interested in extra income. Don't miss out on this affordable, peaceful, easy-living residence anyone would love to call their home or their mountain escape.

Last Agent to Sell the Property

Glenna Olmsted

Glenna Clark Real Estate Inc License #ER192871 Listed on: 04/10/2024

Last Buyer's Agent

Allison Montgomery

The Steamboat Group License #FA100081682

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,313

Year Built

  • Built in 1973

Lot Details

  • 0.56

HOA Fees

  • $727 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Entry on the 1st floor
  • Frame Construction
  • Wood Roof

Interior Spaces

  • 953 Sq Ft Home
  • 2-Story Property
  • Wood Burning Stove

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Trash Compactor

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Baseboard Heating

Listing and Financial Details

  • Assessor Parcel Number R0183051

Community Details

Overview

  • Timbers Condo Subdivision

Amenities

  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center
  • Ski Lockers

Pet Policy

  • Only Owners Allowed Pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,313

Year Built

Built in 1973

Lot Details

0

HOA Fees

$727 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.5573
  • Road Surface Type: Paved
  • Subdivision Name: TIMBERS CONDO
  • Directions: Take Hwy 40 east from Steamboat up Rabbit Ears. Left on Runaway Place. Stay left to Timbers parking lot. Take elevator to 2nd floor, down hallway to short stairs to third floor. Unit 303
  • Entry Level: 1
  • Unit Levels: Two
  • Year Built: 1973
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Cooktop, Electric Range, Microwave, Refrigerator, Trash Compactor
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning Stove
  • Flooring: Carpet, Wood
  • Interior Amenities: See Remarks
  • Living Area: 953.0
  • Dining Room Type: Other

Exterior Features

  • Lot Features: See Remarks
  • Exclusions: No
  • Construction Type: Frame
  • Property Condition: Resale
  • Roof: Wood

Garage/Parking

  • Parking Features: Parking Lot

Utilities

  • Laundry Features: Common Area
  • Green Building Features: Elevator(s), See Remarks
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Sewer: Connected
  • Utilities: See Remarks, Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Fitness Center, Ski Storage
  • Association Fee: 8720.0
  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Owner Only, Pet Restrictions

Lot Info

  • Lot Size Sq Ft: 24275.99
  • Parcel #: R0183051
  • Zoning Description: See Remarks

Green Features

  • Green Building Verification Type: Unknown

Tax Info

  • Tax Annual Amount: 2312.92
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2024
Closed on
Jul 15, 2024
Sold by
Kelley Kristen Ann
Bought by
Bellyache Mechanical Real Estate Holdings Llc
Seller's Agent
Glenna Olmsted
Glenna Clark Real Estate Inc
Buyer's Agent
Allison Montgomery
The Steamboat Group
List Price
$550,000
Sold Price
$535,000
Premium/Discount to List
-$15,000
-2.73%
Views
47
Current Estimated Value
$516,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,180
Avg. Annual Appreciation
-2.66%

Purchase Details

Listed on
Sep 21, 2020
Closed on
Sep 17, 2020
Sold by
S & K Joint Venture Llc
Bought by
Kelley Kristen Ann
Seller's Agent
KIYAH ROE
Steamboat Sotheby's International Realty
Buyer's Agent
Glenna Olmsted
Glenna Clark Real Estate Inc
List Price
$230,000
Sold Price
$230,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.73%
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
Bellyache Mechanical Real Estate Holdings Llc $535,000 Land Title
Kelley Kristen Ann $230,000 Land Title Guarantee
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/15/2024 07/15/24 Sold $535,000 -2.7% $561 / Sq Ft
05/04/2024 05/04/24 Pending -- -- --
05/04/2024 05/04/24 For Sale $550,000 0.0% $577 / Sq Ft
04/10/2024 04/10/24 For Sale $550,000 +139.1% $577 / Sq Ft
09/21/2020 09/21/20 Sold $230,000 0.0% $241 / Sq Ft View Prior Sale
09/21/2020 09/21/20 For Sale $230,000 -- $241 / 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 $2,101 $24,650 $0 $24,650
2023 $2,101 $24,650 $0 $24,650
2022 $2,313 $18,550 $0 $18,550
2021 $2,375 $19,080 $0 $19,080
2020 $2,097 $16,350 $0 $16,350
2019 $1,558 $16,350 $0 $0
2018 $1,423 $15,100 $0 $0
2017 $1,418 $15,100 $0 $0
2016 $1,237 $13,280 $0 $13,280
2015 $1,203 $13,280 $0 $13,280
2014 $1,039 $11,000 $0 $11,000
2012 -- $15,170 $0 $15,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Summit MLS

MLS Number: S1048307

Summit MLS

APN: R0183051