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1243 Park Road

1243 Park Road, Ouray, CO 81427
Townhouse in Ouray
Sold Dec 02, 2021
$528,000
$396,000 by Gateway First Bank
Mortgage Due Dec 01, 2051
Sold Feb 19, 2020
$325,000
$260,000 by Cornerstone Home Lending Inc
Mortgage Due Mar 01, 2050
1243 Park Road in Ouray, CO was first built in 1984 and is 40 years old. Although, the building on the property was most recently renovated and altered in 2000. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1243 Park Road has 1,589 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 192 sqft and has been categorized as a finished improved basement. In total, the area measurement of the land is 784 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of shingle (not wood). For those who need parking, there is a garage underground or in the basement. The garage is 288 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a radiant heating system and being fueled with electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1243 Park Road was last sold in Dec 1, 2021 for $528,000. According to our calculations, that's $332.28 per sqft. Prior to that sales transaction, the property was sold for $325,000 in Feb 18, 2020. Current property owners are expected to pay $1,553 in taxes per year. The property on 1243 Park Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $29,710. To break that down further, the land itself was valued at $4,250. While improvements to the property were assessed at a total of $25,460. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 2000
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Basement Type: Finished improved basement
  • Basement Area: 192
  • Garage Type: Underground/basement
  • Garage Square Area: 288
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 784
  • Total Building Area: 1,589
  • Gross Building Area: 1,588
  • Building Area: 1,589
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Radiant
  • Heated Square Feet: 1,589
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OURAY RIVER PARK TOWNHOMES
  • Land Acres: 0.018
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: SUBD: OURAY RIVER PARK TOWNHOMES PHASE 1 UNIT B-7 & TRACT B STEWART PLACER S: 30 T: 44 R: 7

Ownership

  • Current Owner : PIERCE ANDREW K
  • Current Owner 2: PIERCE JENNIE
  • Previous Owner : TIMBERLAKE ABIGAIL LAUREN
  • Previous Owner 2: TIMBERLAKE KALEB A
  • Owner Before Previous Owner: WARREN CATHY L
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Ouray School District R-1
  • Census Tract: 967602

Zoning

  • Zoning: 5

Geography

  • Account Number: R000866
  • District: 1491
  • Subdivision Phase Number: 1
  • Subdivision Tract Number: B
  • Parcel: 451530304006
  • Meridian: SEC 30 TWN 44 RNG 07
  • Municipality: OURAY R-1
  • Latitude: 38.0298
  • Longitude: -107.673

    Address

  • Full Address: 1243 Park Rd
  • Legal Unit: B-7
  • Address - House Number: 1243
  • Address - Street Name: Park
  • Address - Suffix Type: Rd
  • State: CO
  • City Name: Ouray
  • Zip Code: 81427

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,553
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2129
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 592,591
  • High Value: 718,769
  • Low Value: 466,413

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $396,000
  • First Open Lien Mortgage Lender: GATEWAY FIRST BANK
  • First Open Lien Mortgage Recording Date: Dec 02, 2021
  • First Open Lien Mortgage Loan Amount: $396,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $439,130
  • Market Land Value: $62,850
  • Market Improvement Value: $376,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,710
  • Assessed Land Value: $4,250
  • Assessed Improvements Value: $25,460

    Sales

  • Current Sale Contract Date: Dec 01, 2021
  • Current Sale Recording Date: Dec 02, 2021
  • Current Sale Transaction ID: 11872808391
  • Current Sale Price: $528,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 230868
  • Previous Sale Recording Date: Feb 19, 2020
  • Previous Sale Contract Date: Feb 18, 2020
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GATEWAY FIRST BANK
  • First Mortgage Transaction Date: Dec 02, 2021
  • First Mortgage Loan Amount: $396,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CORNERSTONE HOME LENDING INC
  • Previous Mortgage Transaction Date: Feb 19, 2020
  • Previous Mortgage Loan Amount: $260,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2050

About Ouray



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Frequently Asked Questions

What neighborhood is 1243 Park Road located in?
The 1243 Park Road is a townhouse located in the neighborhood of Ouray in Ouray, Ouray.
What is the average sales price for listings in 1243 Park Road?
The average sales price for units in 1243 Park Road is $0 currently.

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