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1278 Main Street

1278 Main Street, Ouray, CO 81427
Townhouse in Ouray
Sold May 01, 2019
$365,000
$240,000 by Bay Equity Llc
Mortgage Due May 01, 2049
Sold Nov 18, 2015
$265,000
$212,000 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2045
1278 Main Street in Ouray, CO was first built in 2009 and is 15 years old. Although, the building on the property was most recently renovated and altered in 2012. 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. 1278 Main Street has 1,560 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. In total, the area measurement of the land is 1,231 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 249 sqft. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood. As for heating, the home is utilizing a forced air unit and being fueled with gas. 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, 1278 Main Street sold most recently in Apr 30, 2019 for a total of $365,000. If you work out the math, that's approximately a cost of $233.97 per sqft. Before that, the property was also sold for $265,000 in Nov 13, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,107 in taxes each year. 1278 Main Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $39,340. If we break it down further, the land itself was valued at $4,290. Improvements to the property, however, were assessed at a total of $35,050. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Stone Exterior
Stucco Exterior
Wood Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2009
  • Effective Year Built: 2012
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Style: Townhouse
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Garage Square Area: 249
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,231
  • Total Building Area: 1,560
  • Gross Building Area: 1,559
  • Building Area: 1,560
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,560
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVER VIEW TOWNHOMES PLANNED COMMUNITY
  • Land Acres: 0.028
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: SUBD: RIVER VIEW TOWNHOMES PLANNED COMMUNITY UNIT: 6 S: 30 T: 44 R: 7

Ownership

  • Current Owner : SHEA BRENDAN J
  • Previous Owner : FRITZ WINSOME ELAINE EVELYN
  • Previous Owner 2: HAYTON CHRISTOPHER JAMES
  • Owner Before Previous Owner: GREENHOUSE OF ALEXANDRIA INC

Neighborhood

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

Zoning

  • Zoning: 26

Geography

  • Account Number: R005910
  • District: 3047
  • Parcel: 451530317006
  • Meridian: SEC 30 TWN 44 RNG 07
  • Municipality: OURAY R-1
  • Latitude: 38.0316
  • Longitude: -107.674

    Address

  • Full Address: 1278 Main St
  • Legal Unit: 6
  • Address - House Number: 1278
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: CO
  • City Name: Ouray
  • Zip Code: 81427

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,107
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2552
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 63
  • Final Value: 615,984
  • High Value: 773,242
  • Low Value: 458,725

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $240,000
  • First Open Lien Mortgage Lender: BAY EQUITY LLC
  • First Open Lien Mortgage Recording Date: May 01, 2019
  • First Open Lien Mortgage Loan Amount: $240,000
  • 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: May 01, 2049

    Market Valuation

  • Market Total Value: $581,480
  • Market Land Value: $63,370
  • Market Improvement Value: $518,110

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,340
  • Assessed Land Value: $4,290
  • Assessed Improvements Value: $35,050

    Sales

  • Current Sale Contract Date: Apr 30, 2019
  • Current Sale Recording Date: May 01, 2019
  • Current Sale Transaction ID: 11604690067
  • Current Sale Price: $365,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 222822
  • Previous Sale Recording Date: Nov 18, 2015
  • Previous Sale Contract Date: Nov 13, 2015
  • Previous Sale Amount: $265,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAY EQUITY LLC
  • First Mortgage Transaction Date: May 01, 2019
  • First Mortgage Loan Amount: $240,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Nov 18, 2015
  • Previous Mortgage Loan Amount: $212,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2045

About Ouray



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Frequently Asked Questions

What neighborhood is 1278 Main Street located in?
The 1278 Main Street is a townhouse located in the neighborhood of Ouray in Ouray, Ouray.
What is the average sales price for listings in 1278 Main Street?
The average sales price for units in 1278 Main Street is $0 currently.

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