Check Availability
Ouray 81427
521 5th Street
$1,495,000
↓ $80K (5.1%)
House - For Sale

521 5th Street

Ouray, CO 81427
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2826 Sqft
$7,341
Estimated Monthly
$0
HOA / Fees

About This Property

Todd R Schroedel, United Country Sneffels Realty, C: 970-318-2160, [email protected], http://www.toddssneffelsrealty.com: Discover this meticulously crafted home in the Heart of Ouray, strategically positioned to embrace the charm of the Gem of the Rockies. Nestled at the base of the beloved Vinegar Hill, Ouray's iconic sledding spot, this residence offers sweeping vistas of the valley, including the Rock of Ages and Twin Peaks.Living here provides direct access to popular hiking destinations like Chief Ouray Mine, Cascade Falls, Box Canyon, Perimeter Trail, and the Ice Park. Ouray School, essential shops, restaurants, and the Hot Springs are all within easy walking distance.What sets this location apart is its tranquility and privacy. This residential enclave experiences minimal traffic and prohibits short-term rentals, ensuring a serene atmosphere without the hustle and bustle found in other parts of town.The house itself is a masterpiece with exquisite interior and exterior finishes. Spacious rooms, elegant trim work, regal lighting fixtures, and oversized windows create warm and inviting spaces for gatherings with loved ones.Approaching the main entrance, you'll ascend a grand stairway from the generous west-side parking area, passing manicured gardens and a charming brick sitting area. The soothing sound of flowing hot spring water, a testament to Ouray's allure, can be enjoyed year-round from the west-facing wrap-around front porch.Inside, the front entrance welcomes you with an impressive winding stairway leading to the upper level and an open floorplan on the main level. To your right, a beautiful sitting room boasts a built-in fireplace and windows overlooking the Sledding Hill and Town. Moving towards the rear, a spacious dining room awaits your guests.Adjacent is a sizable media-family room connected to a secluded mountain patio with a built-in barbecue, stone walls, and manicured gardens. The kitchen is a culinary haven, featuring marble counters, top-of-the-line appliances, a walk-in pantry, and ornate custom cabinetry.The stairway to the upper level is a work of art itself, leading to a versatile space at the front of the home ideal for an office, library, or workout room. As you progress towards the back, you'll discover the impressive guest bathroom and two spacious bedrooms along the southern side.At the rear of the home, a splendid primary suite boasts east-facing windows and a spacious, luxurious bath. The rounded cupola area within the bathroom provides a breathtaking view of the mountains.The property offers a two-car oversized garage accessed from the alley on the east side and a small garage underneath the front area that can serve as a gear storage space for ATVs, golf carts, or a Jeep. It also houses the ultra-efficient natural gas in-floor heating system.This meticulously maintained home in Southwest Colorado is suitable for year-round living, a seasonal escape, or weekend retreat. The sellers are generously offering it fully furnished, with just a few exceptions, simplifying your transition.If you've ever dreamt of calling Ouray your home, don't miss the opportunity to make this regal residence in the Heart of Ouray your new legacy. Schedule a viewing today.

The manager has listed the unit size as 2826 square feet.
Unit Size
2,826Ft²
Days on Market
229 days
Land Size
0.16 acres
Price per sqft
$529
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2000
Listed By
Todd Schroedel
United Country Sneffels Realty
Last updated: 5 days ago (CRENCO #807605)

Price History

Date / Event Date Event Price
Apr 15, 2024 Price Decreased $1,495,000
↓ $80K (5.1%)
Price Decreased
Sep 3, 2023 Listed by United Country Sneffels Realty $1,575,000
Listed by United Country Sneffels Realty
Oct 8, 2020 Sold to Andrea R Iuppenlatz, Mark J... $675,000
Sold to Andrea R Iuppenlatz, Mark J...
Aug 23, 2020 No longer available -
No longer available
Jun 28, 2020 Price Decreased $695,000
↓ $80K (10.3%)
Price Decreased
Show More

Property Highlights

Exterior Details

Exterior Information

Stone

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2010
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Style: Victorian
  • Roof Cover Type: Shingle (not wood)
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 534
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,100
  • Total Building Area: 2,827
  • Gross Building Area: 2,762
  • Building Area: 2,827
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 2,827
  • Heating Fuel Type: Propane

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CITY OF OURAY
  • Land Acres: 0.163
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBD: CITY OF OURAY LOT: 5 BLOCK: 35 SUBD: CITY OF OURAY LOT: 6 BLOCK: 35 S: 31 T: 44 R: 7

Ownership

  • Current Owner : IUPPENLATZ MARK J
  • Current Owner 2: IUPPENLATZ ANDREA R
  • Previous Owner : BUNTEN LAURIE A
  • Previous Owner 2: BUNTEN DONNA J

Neighborhood

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

Zoning

  • Zoning: 3

Geography

  • Account Number: R000734
  • District: 990
  • Parcel: 451531110004
  • Block: 35
  • Lot: 5-6
  • Meridian: SEC 31 TWN 44 RNG 07
  • Municipality: OURAY R-1
  • Latitude: 38.0221
  • Longitude: -107.668

    Address

  • Full Address: 521 5th St
  • Address - House Number: 521
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: CO
  • City Name: Ouray
  • Carrier Code: R777
  • 4-Digit Zip Code: 5036
  • Zip Code: 81427

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,889
  • Tax Rate Code Area: 101

    Appraisal Valuation

  • Standard Deviation: 0.1
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 90
  • Final Value: 1,536,083
  • High Value: 1,689,715
  • Low Value: 1,382,451

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $640,000
  • First Open Lien Mortgage Lender: CITIZENS STATE BANK
  • First Open Lien Mortgage Recording Date: Oct 08, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $540,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Oct 08, 2050
  • Second Open Lien Mortgage Lender: ALPINE BANK
  • Second Open Lien Mortgage Recording Date: Sep 02, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Sep 02, 2051

    Market Valuation

  • Market Total Value: $1,039,490
  • Market Land Value: $142,950
  • Market Improvement Value: $896,540

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $70,320
  • Assessed Land Value: $9,670
  • Assessed Improvements Value: $60,650

    Sales

  • Current Sale Contract Date: Oct 08, 2020
  • Current Sale Recording Date: Oct 08, 2020
  • Current Sale Transaction ID: 11791973763
  • Current Sale Price: $675,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 226608
  • Previous Sale Recording Date: Aug 14, 1990
  • Previous Sale Contract Date: Aug 14, 1990
  • Previous Sale Amount: $33,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS STATE BANK
  • First Mortgage Transaction Date: Oct 08, 2020
  • First Mortgage Loan Amount: $540,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Financing

  • First Mortgage Financing Type: Variable

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2.5 Baths
2,090 ft²
$645/ft²
$1,349,000 Mar 21, 2023
-
-

About Ouray


Similar Homes for Sale

Unit for sale at 615 2nd Street, Ouray, CO 81427

$1,349,000

  • 3 Beds
  • 2.5 Baths
  • 2,090 ft²
615 2nd Street, Ouray, CO 81427 Listing by Nancy Colaw

Nearby Rentals



Frequently Asked Questions

When was property at 521 5th Street built and last sold?
The property at 521 5th Street was built in 2000 and last sold on Oct 8, 2020 for $675,000.
How much is this home worth?
The estimated value of the home located at 521 5th Street is $1,584,394.
What are some comparable homes to 521 5th Street?
Homes that are comparable to 521 5th Street include a house property at 615 2nd Street, located in Ouray, CO.

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