1035 Merritt Street

1035 Merritt Street has been categorized by the local assessors in Steamboat Springs, CO as a residential type of property. The building on the property was first built in 1963 and is 61 years old. However, we must point out that the home was most recently renovated and altered in 1980. The home has a total of 8 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1035 Merritt Street has 1,008 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,841 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. In terms of heating, it is utilizing baseboard heaters and being fueled with electricity. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1035 Merritt Street sold most recently in Nov 5, 2021 for a total of $980,000. If you work out the math, that's approximately a cost of $972.22 per sqft. Before that, the property was also sold for $1,030,000 in Dec 10, 2018. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,072 in taxes each year. 1035 Merritt Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $47,070. If we break it down further, the land itself was valued at $31,280. Improvements to the property, however, were assessed at a total of $15,790. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.