Steamboat Springs Real Estate Transactions Feb 8-14

Momentum in the Steamboat Springs real estate market notched up this past week.  Since February 11 of this year,  8 properties listed for over $1 million have gone under contract causing the Steamboat Springs average pending sale price to increase to $521,814.  The significance is represented by a market segment that has been somewhat sluggish the past couple of years.  Those corresponding properties represent $16,489,00 in listed value….and, as my girlfriend frequently says, “that’s not nothing”.  The entry level market remains tight, with well priced and maintained properties selling for less than the 8-10% list to sell price we were accustomed to during the decline.  Mortgage interest rates have risen for the past month, perhaps indicating no return to previous historic lows…unless sequester occurs…then all bets are off…

Enjoy the Steamboat Springs real estate sales report of $4,305,800 in whole ownership sales from the Steamboat Pilot this week…and…call or email…don’t miss out!

Anne Mayberry           970.846.1425

■ 2620 Copper Frontage

#Seller: 135 Eleventh Street LLC

#Buyer: La Familia Pobre LLC

#Sale date: Feb. 8, 2013

#Sale price: $400,000

#Property description: 6,007 square-foot, two-story commercial condominium Unit 4 in Wescoin Townhomes. Sold for $769,000 in 2007.

#■ 1535 Shadow Run Court

#Seller: Federal National Mortgage Assoc dba Fannie Mae

#Buyer: Ellen and Jerry Dalton

#Sale date: Feb. 11, 2013

#Sale price: $111,000

#Property description: 841-square-foot, two-bedroom, two-bath Condo 209 in Shadow Run. Built in 1980 and sold for $115,000 in 2003.

#■ 3025 Powder Ridge

#Seller: Sheryl Kay Barrett

#Buyer: Randall T. Jones

#Sale date: Feb. 11, 2013

#Sale price: $135,000

#Property description: 849-square-foot, two-bedroom, two-bath Condominium 23 at Powder Ridge. Built in 1975 and sold for $225,000 in 2008.

#■ 1900 Bridge Lane

#Seller: Snowater Outdoors

#Buyer: Milo Robert Veltus Rubin

#Sale date: Feb. 11, 2013

#Sale price: $320,000

#Property description: 1,133-square foot commercial condo and 936-square-foot residential unit at Unit 13 in Riverfront Park. Sold for $472,500 in 2009.

#■ 223 E. Colfax, Main and Sharp, Oak Creek

#Seller: Matt H. and Carol F. Berger

#Buyer: James D. and Janet E. Williams

#Sale date: Feb. 12, 2013

#Sale price: $23,000

#Property description: Two commercial parcels in Oak Creek, Lot 15: 0.07 acres and Lot 16: 0.08 to 0.123 acres. Sold together in 1996 for $33,000.

#■ 42465 Deerfoot Lane

#Seller: Bank New York Mellon FKA

#Buyer: Jan Levy

#Sale date: Feb. 12, 2013

#Sale price: $240,000

#Property description: 1,736-square-foot, two-bedroom, one-bath single-family home on 3.17-acre Lot 13 in Deer Mountain Estates Filing 1. Built in 1994.

#■ 376 Old Fish Creek Falls Road

#Seller: Federal National Mortgage Assoc dba Fannie Mae

#Buyer: Amanda L. Tomassetti and Bernard Tomassetti III

#Sale date: Feb. 13, 2013

#Sale price: $240,000

#Property description: Three-bedroom, three-bath Lot 6 with carport in Steamboat Ridge Townhomes. Built in 1978.

#■ 32000 Routt County Road 14

#Seller: JF Adams GST Trust

#Buyer: J Frank and Susan B. Adams Trust

#Sale date: Feb. 13, 2013

#Sale price: $870,000

#Property description: Eight agricultural buildings, including a 3,728-square-foot horse barn, on 38.6 acres of agriculture land. Sold for $1.3 million in 2008.

#■ 21465 Fourth Ave., Phippsburg

#Seller: Federal Home Loan Mortgage Association

#Buyer: Karen Solawetz

#Sale date: Feb. 14, 2013

#Sale price: $94,900

#Property description: 1,721-square-foot, three-bedroom, 2.5-bath single-family home on 0.21-acre Lots 7 to 9 in Phippsburg. Built in 1995 and sold for $235,000 in 2005.

#■ 24625 Creek Ranch Road

#Seller: Carrol W. Redish Jr.

#Buyer: James Parker and McKell Phipps

#Sale date: Feb. 14, 2013

#Sale price: $100,000

#Property description: 9.6-acre Lot 8 Creek Ranch.

#■ 28545 Routt County Road 6C

#Seller: Kristin, Matthew and Katherine Van Scoyk

#Buyer: Patricia A. Schalnus

#Sale date: Feb. 14, 2013

#Sale price: $175,000

#Property description: 99.6 acres of agricultural land in South Routt with sheds dating to 1919 and 1902. Sold for $110,000 in 1992.

#■ 1173 Longview Circle

#Seller: Robert A. and Karen T. Robichaud

#Buyer: Thomas G. Schlicht and Mary E. O’Connor

#Sale date: Feb. 14, 2013

#Sale price: $566,900

#Property description: 2,930-square-foot, three-bedroom, 2.5-bath single-family home on 0.3-acre Lot 18 in Longview Highlands. Built in 2000 and sold for $600,000 in 2006.

#■ 1504 Cascade Drive

#Seller: Anne S. Smith

#Buyer: Maree Wray

#Sale date: Feb. 14, 2013

#Sale price: $350,000

#Property description: 2,134-square-foot, three-bedroom, three-bath Birch townhome in Stuart building in the Cascades. Built in 1996 and sold for $305,000 in 1998.

#■ 44755 Diamondback Way

#Seller: Timothy and Jacqueline Mahoney

#Buyer: Alan Paul and Kristen Trini Buchholz

#Sale date: Feb. 14, 2013

#Sale price: $680,000

#Property description: 2,690-square-foot, three-bedroom, two-bath single-family home with detached garage on 35-acre Lot 17 in Elk River Mountain Ranch. Built in 1995 and sold for $855,000 in 2008.

#Total sales — $4,305,800

#■ All Seasons Court

#Seller: Sexton Trust

#Buyer: Kenneth R. Mourton Trust

#Sale date: Feb. 11, 2013

#Sale price: $187,000

#Property description: Residence Club interest in Porches of Steamboat.

#■ 2300 Mount Werner Circle

#Seller: Susan Marie Knickrehm

#Buyer: Mark and Patti Bollenbacher

#Sale date: Feb. 14, 2013

#Sale price: $36,000

#Property description: Quartershare interest in Unit 339 in The Steamboat Grand.

#Total timeshare sales — $223,000

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