118 7th Avenue

118 7th Avenue has been categorized by the local assessors in Ouray, CO as a commercial type of property. The building on the property was first built in 1979 and is 45 years old. However, we must point out that the home was most recently renovated and altered in 2000. The home comes with a single bedroom. Residents will have access to one full bathroom. There is one partial bathroom in the home. In addition, 118 7th Avenue has 2,366 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 13,800 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Victorian 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 underground or in the basement for those who require parking. The garage measured 685 sqft. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a flat style roof made of wood shake/ shingles. The exterior walls of the building are made of brick. In terms of heating, it is utilizing a gravity heating system and being fueled with electricity. The property was last sold in Feb 18, 2021 for $675,000. That's $234.46 per sqft. Prior to that sales transaction, the property was also sold in Feb 15, 2000 for $500,000. 118 7th Avenue was last assessed in 2023. The total value of the property was assessed at $127,840. Specifically, the land the property is located on was valued at $72,820. While improvements on the property were assessed at a total of $55,020. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $7,259. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.