NOT LISTED FOR SALE

Estimated Value: $2,163,000 - $2,211,000

6 Beds
2 Baths
2,790 Sq Ft
$781/Sq Ft Est. Value

Last Sold May 10, 2022

Last sale price $1,675,000 $600 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $11,820/month

233 Days on Market

Highlights

  • Views of Ski Resort
  • Wood Flooring
  • Forced Air Heating System
  • Soda Creek Elementary School Rated A-
  • Bungalow

About This Home

As of May 2022

This home, in a very desirable area of downtown Steamboat Springs that doesn't become available very often, is currently used by the owner as investment property with renters. It is a two story unit plus a walkout basement and unattached coach house that has been converted into a 400 sq ft, 1 BR 1 Bth rental unit. Seller is including all appliances, and there are several refrigerators, washer/dryer combos and kitchens or kitchenettes. Just a block off of Lincoln Avenue, the main street through town, you will find yourself in the middle of everything Steamboat. Restaurants, shops and many other business are a minute walk away. This property is centrally located between the world class skiing of Steamboat Ski Resort, Howelsen Hill, Rollingstone Ranch Golf Club, the Yampa River, Old Town Hot Springs and many more of the incredible activities Steamboat has waiting for you to discover. Be a part of Steamboat Springs!

Last Agent to Sell the Property

Dale Smigelsky

Hayden Outdoors License #100091431 Listed on: 08/19/2021

Last Buyer's Agent

The Vanatta Group

Steamboat Sotheby's International Realty

Steamboat Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,678

Year Built

  • Built in 1912

Lot Details

  • 6,970 Sq Ft Lot

Parking

  • 2 Parking Spaces

Property Views

  • Ski Resort
  • City
  • Mountain

Home Design

  • Bungalow
  • Brick Exterior Construction
  • Frame Construction
  • Metal Roof
  • Cedar

Interior Spaces

  • 6 Bedrooms
  • 2,790 Sq Ft Home
  • Wood Flooring

Kitchen

  • Oven
  • Dishwasher
  • Disposal

Schools

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

Utilities

  • Forced Air Heating System
  • Gas Water Heater
  • Community Sewer or Septic

Listing and Financial Details

  • Exclusions: No,no exclusions
  • Assessor Parcel Number R4772887

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,678

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Architectural Style: Bungalow
  • Year Built: 1912
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Oven, Refrigerator
  • Total Bedrooms: 6
  • Flooring: Wood
  • Living Area: 2790.0

Exterior Features

  • View: City, Mountain(s), Ski Area
  • View: Yes
  • Exclusions: No,no exclusions
  • Construction Type: Brick, Cedar, Frame
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Parking Features: Concrete
  • Total Parking Spaces: 2.0

Utilities

  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Community/Coop Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Lot Size Sq Ft: 6969.6
  • Parcel #: R4772887
  • Zoning Description: See Remarks

Tax Info

  • Tax Annual Amount: 3678.0
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2021
Closed on
May 10, 2022
Sold by
Cochran William W and Cochran Bonnie C
Bought by
Patterson Margaret K and Patterson Glenn G
Seller's Agent
Dale Smigelsky
Hayden Outdoors
Buyer's Agent
The Vanatta Group
Steamboat Sotheby's International Realty
List Price
$1,675,000
Sold Price
$1,675,000
Current Estimated Value
$2,178,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$503,356
Avg. Annual Appreciation
7.87%
Original Mortgage
$1,000,000
Outstanding Balance
$944,859
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$1,233,497
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
Patterson Margaret K $1,675,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson Margaret K $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/07/2022 08/07/22 Off Market $1,675,000 -- --
05/10/2022 05/10/22 Sold $1,675,000 0.0% $600 / Sq Ft
05/10/2022 05/10/22 Sold $1,675,000 -6.4% $525 / Sq Ft View Prior Sale
04/10/2022 04/10/22 Pending -- -- --
03/22/2022 03/22/22 Pending -- -- --
08/31/2021 08/31/21 Price Changed $1,790,000 +6.9% $561 / Sq Ft
08/19/2021 08/19/21 For Sale $1,675,000 -14.1% $600 / Sq Ft
07/04/2021 07/04/21 For Sale $1,950,000 -- $611 / 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 $5,013 $119,580 $55,120 $64,460
2023 $5,013 $103,320 $54,860 $48,460
2022 $3,753 $68,000 $29,600 $38,400
2021 $3,822 $69,970 $30,460 $39,510
2020 $3,678 $67,820 $29,860 $37,960
2019 $3,588 $67,820 $0 $0
2018 $2,928 $58,680 $0 $0
2017 $2,892 $58,680 $0 $0
2016 $2,303 $50,650 $24,960 $25,690
2015 $2,253 $50,650 $24,960 $25,690
2014 $2,073 $44,560 $16,640 $27,920
2012 -- $55,240 $19,420 $35,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Summit MLS

MLS Number: SS4548353

Summit MLS

APN: R4772887