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1548 Hinkson Terrace

1548 Hinkson Terrace, Ouray, CO 81427
Multifamily in Ouray
Local assessors in Ouray, CO have categorized 1548 Hinkson Terrace as a residential type of property. The home was built in 2003 and is 21 years old. It was most recently renovated and altered in 2010. The property's lot size has been calculated to be 31,886 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1548 Hinkson Terrace has a total of 2,172 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage underground or in the basement for those who need a place to park their vehicle. The garage on the property is 576 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a gable style roof that was made of shingle (not wood). The home's floor/wall heating system is the primary heating source and it is being fueled with propane. The property was last sold in Dec 18, 2019 for $455,000. That's $146.82 per sqft. 1548 Hinkson Terrace was last assessed in 2023. The total value of the property was assessed at $50,740. Specifically, the land the property is located on was valued at $14,920. While improvements on the property were assessed at a total of $35,820. 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 $2,763. 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! 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.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190711
07/11/2019
5 Bed
4 Bath
2172 ft²
$569,000
bedrooms
5 Bed
bathrooms
4 Bath
square feet
2172 ft²
$455,000 -20.04%
12/19/2019
Linda Tyler

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2010
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: Average
  • Building Style: Multifamily
  • Roof Shape Type: Gable
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Underground/basement
  • Garage Square Area: 576
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 31,886
  • Total Building Area: 3,099
  • Gross Building Area: 3,099
  • Building Area: 3,099
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 2,172
  • Heating Fuel Type: Propane

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WANAKAH ESTATES #2
  • Land Acres: 0.732
  • Standard Land Use Code: Apartments (generic)
  • Legal Description 1: SUBD: WANAKAH ESTATES #2 LOT: 9 S: 25 T: 44 R: 8

Ownership

  • Current Owner : YALE SCOTT M
  • Current Owner 2: YALE REBECCA J
  • Previous Owner : JENSEN KATHERINE F

Neighborhood

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

Geography

  • Account Number: R004943
  • District: 1741
  • Parcel: 451725105009
  • Lot: 9
  • Meridian: SEC 25 TWN 44 RNG 08
  • Municipality: OURAY R-1
  • Latitude: 38.0371
  • Longitude: -107.681

    Address

  • Full Address: 1548 Hinkson Ter
  • Address - House Number: 1548
  • Address - Street Name: Hinkson
  • Address - Suffix Type: Ter
  • State: CO
  • City Name: Ouray
  • Carrier Code: R777
  • 4-Digit Zip Code: 5088
  • Zip Code: 81427

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,763
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.4572
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 8
  • Final Value: 422,216
  • High Value: 615,255
  • Low Value: 229,176

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $341,250
  • First Open Lien Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Dec 19, 2019
  • First Open Lien Mortgage Loan Amount: $341,250
  • 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: Jan 01, 2050

    Market Valuation

  • Market Total Value: $750,080
  • Market Land Value: $220,590
  • Market Improvement Value: $529,490

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,740
  • Assessed Land Value: $14,920
  • Assessed Improvements Value: $35,820

    Sales

  • Current Sale Contract Date: Dec 18, 2019
  • Current Sale Recording Date: Dec 19, 2019
  • Current Sale Transaction ID: 11711143887
  • Current Sale Price: $455,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 224432

    Last Sale Mortgage

  • First Mortgage Lender: ACADEMY MORTGAGE CORP
  • First Mortgage Transaction Date: Dec 19, 2019
  • First Mortgage Loan Amount: $341,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

About Ouray



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1548 Hinkson Terrace located in?
The 1548 Hinkson Terrace is a multifamily located in the neighborhood of Ouray in Ouray, Ouray.
What is the average sales price for listings in 1548 Hinkson Terrace?
The average sales price for units in 1548 Hinkson Terrace is $534,000 , or $246/sqft. currently.

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