NOT LISTED FOR SALE

215 5th Ave Unit 11 Ouray, CO 81427

Estimated Value: $501,492 - $693,000

2 Beds
2 Baths
810 Sq Ft
$300/mo HOA Fee

Last Sold April 28, 2021

Last sale price $400,000 $494 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,437/month

Highlights

  • Mountain View
  • Corner Lot
  • Granite Countertops
  • Wood Flooring
  • Furnished
  • 2-minute walk to Box Canyon Waterfall and Park

About This Home

As of April 2021

Location! Location! Location! This adorable 2 bedroom, 2 bath condo is perfectly located 1.5 blocks from Main Street in Ouray, CO - otherwise known as the Switzerland of America. The condo was remodeled in 2020 with new granite countertops, added washer/dryer and dishwasher, new hot water heater, new flooring and more. The condo has been rented as a vacation rental (located in the R-2 zone) with 2020 grossing almost 37K, even with 3 months of no rentals due to Covid mandated shut downs of rentals in Ouray. This property is completely turnkey as everything is included - furnishings, linens, etc. Seller will also work with Buyer on transitioning current bookings, if the Buyer should so desire. The property could also be a great permanent residence or 2nd home for those that just want a place to get away and relax. There is ample parking onsite and it is within walking distance to all Ouray's restaurants, shops, hiking trails, hot springs, ice park and more. If you have been looking for an affordable way to own in Ouray and experience all it has to offer, this is it. Offers will only be accepted through 3/10/21 so bring us your best one!

Last Agent to Sell the Property

Sharon Wild

Wild West Realty, LLC Listed on: 02/18/2021

Last Buyer's Agent

Sharon Wild

Wild West Realty, LLC Listed on: 02/18/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $885

Year Built

  • Built in 1992 | Remodeled in 2020

HOA Fees

  • $300 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 810 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Double Pane Windows
  • Window Treatments
  • Combination Dining and Living Room
  • Den with Fireplace
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Schools

  • Ouray K-6 Elementary School
  • Ouray 7-8 Middle School
  • Ouray 9-12 High School

Utilities

  • Baseboard Heating
  • Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 451531212011

Community Details

Overview

  • Association fees include building maintenance, insurance, irrigation, landscaping, trash, snow removal, internet, lawn, wifi, common area taxes
  • Alpenglow Condominiums HOA
  • On-Site Maintenance

Amenities

  • Laundry Facilities

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$885

Year Built

Built in 1992 | Remodeled in 2020

Lot Details

0

HOA Fees

$300 per month

Listing Details

  • Appliance Inclusions: Range/Oven, Refrigerator, Dishwasher, Washer, Dryer, Disposal, Microwave
  • Class: RESIDENTIAL
  • Common Facilities: Laundry Facilities, Groundskeeper
  • Elevation: 7800
  • Em Deposit: 7500.00
  • Em Holder: Land Title
  • Exterior Inclusions: Balcony
  • Interior Inclusions: Window Coverings, All Furnishings, Ceiling Fan(s), Granite Counters
  • Legal Lot Block: Subd: ALPENGLOW CONDOMINIUMS, FILING NO. 2 Unit: 11 S: 31 T: 44 R: 7
  • List Price per Sq Ft: 462.96
  • Parcel Id Number: 451531212011
  • Price Per Sq Ft: 493.83
  • Property Description: Corner
  • Real Estate Included: Yes
  • Realist Id: 4515-312-12-011
  • Residence Stories: Two Story
  • Sale/Rent: For Sale
  • Siding: Wood
  • Sold Price Sq Ft: 493.83
  • Street Descriptionaccess: City/Town
  • Street Designation: Avenue
  • Type: Condo
  • Hoa Dogs Allowed: Yes
  • HOA Fees: Yes
  • Internet Service: Yes
  • Total Taxes Dollar: 884.62
  • Year Built: 1992
  • Year Renovated: 2020
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Stories: 19

Interior Features

  • Dining Room: Breakfast Nook, Living Room Dining
  • Bedrooms: 2
  • Flooring: Carpet-Partial, Hardwood, Tile
  • Estimated Total Sq Ft: 810
  • Full Bathrooms: 1
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 1
  • Total Bathrooms: 2
  • Fireplace Location Type: Den/Family Room
  • Foundation: Slab
  • Master Bedroom Level: Upper Level
  • Total Office Den: 0

Exterior Features

  • Windows: Double Pane
  • Construction Type: Wood
  • Roof: Metal
  • Views: Mountains

Utilities

  • Utilities: Electric, Cable TV, Internet, Phone - Cell Reception
  • Electric Supplier: San Miguel Power Association
  • Gas Supplier: Black Hills Energy
  • Heating System: Electric Baseboard, Fireplace
  • Sewer Supplier: City of Ouray
  • Water Heater: Electric Water Heater
  • Water Supplier: City of Ouray

Condo/Co-op/Association

  • HOA: Yes
  • Hoa Inclusions: Building Maintenance, Insurance, Irrigation, Landscaping, Trash, Snow Removal, Internet, Lawn, WiFi, Common Area Taxes
  • Hoametro Fees: 300
  • HOA Metro Fees Frequency: Monthly
  • Hoa Name: Alpenglow Condominiums

Schools

  • Elementary School: Ouray K-6
  • Middle School: Ouray 7-8
  • High School: Ouray 9-12
  • High School: Ouray 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Furnished

Tax Info

  • Tax Year: 2020

MLS Schools

  • Elementary School: Ouray K-6
  • Middle School: Ouray 7-8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
Apr 28, 2021
Sold by
Mountain Dog Properties Llc
Bought by
Truax Jennifer L
Seller's Agent
Sharon Wild
Wild West Realty, LLC
Buyer's Agent
Sharon Wild
Wild West Realty, LLC
List Price
$375,000
Sold Price
$400,000
Premium/Discount to List
$25,000
6.67%
Current Estimated Value
$565,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$165,873
Avg. Annual Appreciation
8.07%

Purchase Details

Closed on
Dec 30, 2019
Sold by
Bucheleres William M and Tennyson Gena Graye
Bought by
Mountain Dog Properties Llc

Purchase Details

Closed on
Aug 29, 2019
Sold by
Timberlake Kaleb A and Timberlake Abigail Lauren
Bought by
Bucheleres William M and Tennyson Gena Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2018
Sold by
H M Properties Llc
Bought by
Timberlake Kaleb A and Timberlake Abigail Lauren

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
H & M Properties Llc

Purchase Details

Closed on
Jan 4, 2010
Sold by
Hinkson Roland C
Bought by
Federal Home Loan Mortgage Corp
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Truax Jennifer L $400,000 Land Title Guarantee
Mountain Dog Properties Llc -- None Available
Bucheleres William M $250,000 Land Title Guarantee Co
Timberlake Kaleb A $237,000 Land Title Guarantee
H & M Properties Llc $131,000 None Available
Federal Home Loan Mortgage Corp -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bucheleres William M $187,500
Previous Owner Timberlake Kaleb A $159,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2021 04/28/21 Sold $400,000 +6.7% $494 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $375,000 -- $463 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,645 $26,490 $0 $26,490
2023 $1,645 $29,450 $0 $29,450
2022 $1,118 $17,890 $0 $17,890
2021 $1,141 $18,400 $0 $18,400
2020 $874 $14,220 $0 $14,220
2019 $874 $14,220 $0 $14,220
2018 $827 $13,150 $0 $13,150
2017 $820 $13,150 $0 $13,150
2016 $663 $11,600 $0 $11,600
2015 -- $11,600 $0 $11,600
2012 -- $12,240 $0 $12,240
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 778852

Colorado Real Estate Network (CREN)

APN: R001105