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1875 Medicine Springs Dr

Steamboat Springs, CO 80487

3 bd 3 ba 1,447 sqft Built 2006 condo
Most recent sale
$870,000
Mar 31, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 14, 2025 Sold $1,650,000 Public Record
Aug 4, 2025 Price changed $1,699,000 AltitudeREALTORS
Jun 5, 2025 Price changed $1,725,000 AltitudeREALTORS
May 20, 2025 Relisted $1,750,000 AltitudeREALTORS
Feb 14, 2025 Listed $1,750,000 AltitudeREALTORS
Jan 5, 2023 Sold $1,330,000 REcolorado
Sep 27, 2022 Listed $1,400,000 MLS #3397113
Mar 31, 2021 Sold $870,000 MLS #936619
Feb 23, 2012 Listing removed $599,000 Steamboat
Feb 6, 2012 Price changed $599,000 MLS #132688
Jan 18, 2012 Price changed $619,000 MLS #132688
Oct 12, 2011 Listed $639,900 MLS #132688
Aug 23, 2006 Sold $597,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $106,060 $106,060 $3,760
2024 $97,710 $97,710 $4,095
2023 $97,710 $97,710 $3,962
2022 $52,290 $52,290 $2,886
2021 $53,800 $53,800 $2,938
2020 $41,380 $41,380 $2,244
2019 $41,380 $41,380 $2,189
2018 $46,360 $46,360 $2,314
2017 $46,360 $46,360 $2,285
2016 $44,920 $44,920 $2,043
2015 $44,920 $44,920 $1,998
2014 $40,310 $40,310 $1,875
2013 $40,310 $40,310 $1,837
2012 $43,190 $43,190 $1,798
2011 $43,190 $43,190 $1,817
2010 $66,810 $66,810 $2,418
2009 $66,810 $66,810 $2,112
2008 $47,800 $47,800 $2,136
2007 $47,800 $47,800 $2,120

Property facts

Year built
2006
Property type
condo
Stories
1
Beds
3
Baths
3
Living area
1,447 sqft
Lot size
ZIP code
80487
City
Steamboat Springs
Street
Medicine Springs Dr
Coordinates
40.45188, -106.80324

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
$3,039
Gross rental yield
4.19%
Implied cap rate
2.72%
Trend-extrapolated value

Frequently asked questions

When did 1875 Medicine Springs Dr last sell?
1875 Medicine Springs Dr most recently sold on Mar 31, 2021 for $870,000.
What is the current tax assessment for 1875 Medicine Springs Dr?
The most recent total assessment for 1875 Medicine Springs Dr (year 2025) is $106,060 with $3,760 in property tax.
How does 1875 Medicine Springs Dr's assessment compare to its last sale price?
The current assessment is 87.8% below the last sale price of $870,000.
When was 1875 Medicine Springs Dr built?
1875 Medicine Springs Dr was built in 2006.
How does 1875 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 1875 Medicine Springs Dr?
1875 Medicine Springs Dr is a 3 bed, 3 bath, 1,447 sqft condo.
Is 1875 Medicine Springs Dr a flip candidate?
Yes — 1875 Medicine Springs Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1875 Medicine Springs Dr a tax-appeal candidate?
No — 1875 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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