31500 Runaway Place, Unit 402

Steamboat Springs, CO 80487

$519,000
Price
2
Beds
3
Baths
885 Sq. Ft.
$586 / Sq. Ft.
885
Sq. Ft.
$586
per Sq. Ft.

Description

Investor friendly 50% ownership option or purchase for $519k outright. Owner is willing to sell off half of the unit while both owners seeing double digit rental income returns. Rental is easygoing here and has past achieved $3500/month. Owner is expecting to increase the rate to $4200/month with all utilities included for ease for this ski season upon us . Strikingly gorgeous south valley views of Lake Catamount and beyond! This 2 bedroom 2.5 bath Timbers condo won’t last long. The condo has a cozy,...Investor friendly 50% ownership option or purchase for $519k outright. Owner is willing to sell off half of the unit while both owners seeing double digit rental income returns. Rental is easygoing here and has past achieved $3500/month. Owner is expecting to increase the rate to $4200/month with all utilities included for ease for this ski season upon us . Strikingly gorgeous south valley views of Lake Catamount and beyond! This 2 bedroom 2.5 bath Timbers condo won’t last long. The condo has a cozy, rustic feel with mountain modern finishes and is perfect for a primary Steamboat home or ski town getaway. Step inside to a warm and bright kitchen and living area with floor to ceiling windows, exposed wood beams, stainless steel appliances and half bath. Take the staircase up one floor to the primary bedroom with beautiful views and full bathroom. On the same floor you’ll find a space for a workout room or office. Head up the spiral staircase from there to another bedroom, full bathroom and in unit washer/dryer combo—a rare find in this complex! The Timbers condominium amenities include ski and bike storage, owners’ closet and coin operated laundry room. Under 10 minutes to town and near the base of Rabbit Ears Pass, enjoy everything the Yampa Valley has to offer from your front door. The town of Steamboat is one of a kind with a ranching community and western roots paired with a recreational haven and local outdoor enthusiasts. It’s home to world class skiing and biking, the beautiful Yampa River, boutique shopping, and gourmet restaurants. Not much of a townie or looking for an outdoor retreat? You’re in luck! Head up the pass into national forest for hiking, snow shoeing and cross-country skiing, and so much more. Or snuggle up with a good book and cup of joe next to the wood burning fireplace. With something for everyone, you and your family will be living the Colorado dream.
  1. Listed by Alex Long • Steamboat Sotheby's International Realty • (970) 291-8559

Property Details for 31500 Runaway Place, Unit 402

Subdivision Name
TIMBERS CONDO
View
Lake, Mountain(s)
Furnished
Unfurnished
Pets Allowed
Yes
LISTING UPDATED: 11/13/2024 09:57 AM

Property Details for 31500 Runaway Place, Unit 402

StatusActive
MLS #S1048753
Days on Market194
Taxes$2,890 / year
HOA Fees$9,852 / year
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1973
CountyRoutt County

Building Information for 31500 Runaway Place, Unit 402

Building/Complex31500 Runaway PlFloor4Stories-Residences-Pet Policy-Year Built1973

Property Information for 31500 Runaway Place, Unit 402

Summary
Location and General Information
  • Building Features: Elevator(s)
  • Directions: Highway 40 east, left on Runaway place. Once in the building, use the elevator to go up, 402 is on the left
  • Elementary School: Soda Creek
  • Middle Or Junior School: Steamboat Springs
  • High School: Steamboat Springs
  • Zoning Description: See Remarks
  • Road Surface Type: Paved
Parking
  • Parking Features: Parking Lot
Taxes and HOA Information
  • Association: Yes
  • Tax Legal Description: UNIT 402 TIMBERS CONDO
  • Tax Lot: 402
  • Tax Year: 2022
Property
Lot Information
  • Lot Features: See Remarks
  • Parcel Number: R3185078
  • Living Area Source: Public Records
Property and Assessments
  • Building Area Source: Public Records
  • Construction Materials: Frame
  • Entry Level: 1
  • Property Condition: Resale
Utilities
  • Heating: Baseboard
  • Heating: Yes
  • Sewer: Connected
  • Utilities: Electricity Available, Sewer Connected
  • Water Source: See Remarks
Interior and Exterior Features
Exterior Features
  • Roof: Architectural, Shingle
  • View: Yes
Interior Features
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Fireplace Features: Wood Burning
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Features: Fireplace
  • Laundry Features: In Unit
  • Levels: Three Or More
  • Rooms Total: 7

Property History for 31500 Runaway Place, Unit 402

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 31500 Runaway Place, Unit 402

Taxable ValueLand-Additions$30,720Total-
Tax Record2023$2,624 ($219 / month)
Home Facts
Beds2Total Finished SqFt885 SqFtAbove Grade Finished SqFt885 SqFtStories3StyleCondominiumYear Built1973Year Renovated1983CountyROUTTAPN166400402Fireplace TypeHas Fireplace

Schools near 31500 Runaway Place, Unit 402

This home is within Steamboat Springs Re-2 School District.
Rating
School
Type
Grades
Distance
Soda Creek Elementary School
Public - PK to 5
Steamboat Springs Middle School
Public - 6 to 8
Steamboat Springs High School
Public - 9 to 12
Yampa Valley School
Public - 9 to 12
Rating
School
Distance
Soda Creek Elementary School
PublicPK to 5

Steamboat Springs Middle School
Public6 to 8

Steamboat Springs High School
Public9 to 12

Yampa Valley School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 31500 Runaway Place, Unit 402, Steamboat Springs, CO 80487

31500 Runaway Place, Unit 402 is a condo for sale in Steamboat Springs, CO 80487. This property was listed for sale on May 4, 2024 by Steamboat Sotheby's International Realty, it's currently listed at $519,000. It has been on the market for a total of 194 days and was last sold on April 10, 2020. This listing's school district is Steamboat Springs Re-2 School District. Nearby schools include Soda Creek Elementary School, Steamboat Springs Middle School and Steamboat Springs High School. 31500 Runaway Place, Unit 402 is a 2-bed, 3-bath, 885 sqft condo built in 1973.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Steamboat Sotheby's International Realty, Alex Long

All information is deemed reliable, but accuracy is not guaranteed. Listing information is based on information from the Aspen / Glenwood MLS for the period 05/04/2024 12:00 AM through 11/13/2024 11:31 PM. The property information being provided is for the consumer’s personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 11/13/2024 09:57 AM