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1825 Medicine Springs Dr

Steamboat Springs, CO 80487

2 bd 2 ba 1,066 sqft Built 2001 condo
Most recent sale
$991,000
Jun 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 25, 2025 Sold $1,089,000 Public Record
Apr 20, 2025 Listed $1,090,000 AltitudeREALTORS
Jun 13, 2022 Sold $991,000 Public Record
Jun 10, 2022 Sold $991,000 REcolorado
May 6, 2022 Listed $950,000 MLS #7598428
Aug 12, 2011 Sold $360,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $73,350 $73,350 $2,600
2024 $64,950 $64,950 $2,722
2023 $64,950 $64,950 $2,634
2022 $34,820 $34,820 $1,921
2021 $35,820 $35,820 $1,956
2020 $32,390 $32,390 $1,756
2019 $32,390 $32,390 $1,713
2018 $24,940 $24,940 $1,244
2017 $24,940 $24,940 $1,229
2016 $27,580 $27,580 $1,254
2015 $27,580 $27,580 $1,226
2014 $26,730 $26,730 $1,243
2013 $26,730 $26,730 $1,218
2012 $30,550 $30,550 $1,271
2011 $30,551 $30,551 $1,285
2010 $46,671 $46,671 $1,689
2009 $46,671 $46,671 $1,476
2008 $35,210 $35,210 $1,573
2007 $35,210 $35,210 $1,561

Property facts

Year built
2001
Property type
condo
Stories
1
Beds
2
Baths
2
Living area
1,066 sqft
Lot size
ZIP code
80487
City
Steamboat Springs
Street
Medicine Springs Dr
Coordinates
40.45142, -106.80373

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,946
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1825 Medicine Springs Dr last sell?
1825 Medicine Springs Dr most recently sold on Jun 13, 2022 for $991,000.
What is the current tax assessment for 1825 Medicine Springs Dr?
The most recent total assessment for 1825 Medicine Springs Dr (year 2025) is $73,350 with $2,600 in property tax.
How does 1825 Medicine Springs Dr's assessment compare to its last sale price?
The current assessment is 92.6% below the last sale price of $991,000.
When was 1825 Medicine Springs Dr built?
1825 Medicine Springs Dr was built in 2001.
How does 1825 Medicine Springs Dr compare to others on Medicine Springs Dr?
We track 8 other properties on Medicine Springs Dr. Browse the list under "Other properties on Medicine Springs Dr" to compare beds, baths, and sale history.
What are the property facts for 1825 Medicine Springs Dr?
1825 Medicine Springs Dr is a 2 bed, 2 bath, 1,066 sqft condo.
Is 1825 Medicine Springs Dr a flip candidate?
No — 1825 Medicine Springs Dr does not appear in our flips dataset.
Is 1825 Medicine Springs Dr a tax-appeal candidate?
No — 1825 Medicine Springs Dr 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
+0.3%
Implied 1-yr
+1.1%
2026 Q3
$1.68M
2026 Q4
$1.69M
ZIP 80487 — Median Price History + Forecast

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