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197 Water St

Red Cliff, CO 81649

2 bd 2 ba 1,094 sqft Built 2019 Lot 914 sqft townhomes
Most recent sale
$430,000
Apr 2, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 21, 2022 Sold $599,000 Vail
Aug 26, 2022 Relisted $599,000 MLS #1005607
Aug 18, 2022 Relisted $599,000 MLS #1005607
Jun 23, 2022 Listed $599,000 MLS #1005607
Apr 2, 2021 Sold $430,000 Public Record
Jul 29, 2020 Listed $430,000 MLS #1000622

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $31,510 $4,300 $35,810 $3,032
2024 $31,510 $4,300 $35,810 $2,780
2023 $30,170 $4,110 $34,280 $2,758
2022 $23,450 $3,200 $26,650 $2,335
2021 $24,120 $3,290 $27,410 $2,378
2020 $12,010 $930 $12,940 $1,119

Property facts

Year built
2019
Property type
townhomes
Stories
2
Beds
2
Baths
2
Living area
1,094 sqft
Lot size
914 sqft
ZIP code
81649
City
Red Cliff
Street
Water St
Coordinates
39.51275, -106.36947

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,297
Gross rental yield
6.41%
Implied cap rate
4.17%
Trend-extrapolated value

Frequently asked questions

When did 197 Water St last sell?
197 Water St most recently sold on Apr 2, 2021 for $430,000.
What is the current tax assessment for 197 Water St?
The most recent total assessment for 197 Water St (year 2025) is $35,810 with $3,032 in property tax.
How does 197 Water St's assessment compare to its last sale price?
The current assessment is 91.7% below the last sale price of $430,000.
When was 197 Water St built?
197 Water St was built in 2019.
How does 197 Water St compare to others on Water St?
We track 8 other properties on Water St. Browse the list under "Other properties on Water St" to compare beds, baths, and sale history.
What are the property facts for 197 Water St?
197 Water St is a 2 bed, 2 bath, 1,094 sqft, 914 sqft lot townhomes.
Is 197 Water St a flip candidate?
Yes — 197 Water St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 197 Water St a tax-appeal candidate?
No — 197 Water St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-5.5%
Implied 1-yr
-22.0%
2025 Q4
$427.5K
2026 Q1
$427.5K
ZIP 81649 — Median Price History + Forecast

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