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311 Main Street

311 Main Street, Ouray, CO 81427
House in Ouray
Sold Oct 29, 2020
$455,000
$250,000 by Alpine Bank
Mortgage Due Jun 06, 2052
311 Main Street has been categorized by the local assessors in Ouray, CO as a residential type of property. The building on the property was first built in 1898 and is 126 years old. However, we must point out that the home was most recently renovated and altered in 2022. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. In addition, 311 Main Street has 2,193 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 6,970 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 detached garage for those who require parking. The garage measured 441 sqft. Moving on to the building itself. The condition of the building has been evaluated as poor. 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. The roof of the building is made of shingle (not wood). The exterior walls of the building are made of wood. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. 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, 311 Main Street was last sold in Oct 29, 2020 for $455,000. According to our calculations, that's $207.48 per sqft. Current property owners are expected to pay $1,351 in taxes per year. The property on 311 Main Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $26,200. To break that down further, the land itself was valued at $9,440. While improvements to the property were assessed at a total of $16,760. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

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

Building Info

Overview

    General

  • Year Built: 1898
  • Effective Year Built: 2022
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Poor
  • Construction Type: Wood
  • Building Style: Victorian
  • Exterior Walls Type: Wood
  • Roof Cover Type: Shingle (not wood)
  • Basement Type: Unspecified basement
  • Basement Area: 552
  • Garage Type: Detached
  • Garage Square Area: 441
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 2,193
  • Gross Building Area: 3,293
  • Building Area: 2,193
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,193
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CITY OF OURAY
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBD: CITY OF OURAY LOT: 3 BLOCK: 21 SUBD: CITY OF OURAY LOT: 4 BLOCK: 21 S: 31 T: 44 R: 7

Ownership

  • Current Owner : SULLINS LANCE
  • Previous Owner : IDARADO MINING COMPANY

Neighborhood

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

Zoning

  • Zoning: 3

Geography

  • Account Number: R000805
  • District: 990
  • Parcel: 451531306003
  • Block: 21
  • Lot: 3-4
  • Meridian: SEC 31 TWN 44 RNG 07
  • Municipality: OURAY R-1
  • Latitude: 38.0198
  • Longitude: -107.671

    Address

  • Full Address: 311 Main St
  • Address - House Number: 311
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: CO
  • City Name: Ouray
  • Zip Code: 81427

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,351
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.2659
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 62
  • Final Value: 784,794
  • High Value: 993,541
  • Low Value: 576,048

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: ALPINE BANK
  • First Open Lien Mortgage Recording Date: Jun 06, 2022
  • First Open Lien Mortgage Loan Amount: $250,000
  • 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: Jun 06, 2052

    Market Valuation

  • Market Total Value: $387,340
  • Market Land Value: $139,600
  • Market Improvement Value: $247,740

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $26,200
  • Assessed Land Value: $9,440
  • Assessed Improvements Value: $16,760

    Sales

  • Current Sale Contract Date: Oct 29, 2020
  • Current Sale Recording Date: Oct 29, 2020
  • Current Sale Transaction ID: 11796196977
  • Current Sale Price: $455,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 226854

About Ouray



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath

Frequently Asked Questions

What neighborhood is 311 Main Street located in?
The 311 Main Street is a house located in the neighborhood of Ouray in Ouray, Ouray.
What is the average sales price for listings in 311 Main Street?
The average sales price for units in 311 Main Street is $0 currently.

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