NOT LISTED FOR SALE

232 Main St Ouray, CO 81427

Estimated Value: $1,246,384

5 Beds
5 Baths
2,872 Sq Ft
$434/Sq Ft Est. Value

Last Sold June 23, 2022

Last sale price $1,275,000 $444 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $8,251/month

Highlights

  • Victorian Architecture
  • Furnished
  • 4-minute walk to Box Canyon Waterfall and Park

About This Home

As of June 2022

INVESTOR'S DREAM! The property, originally constructed in 1888 and completely renovated in 2019, has 5 separate, private 1 bedroom/1 bath apartments approximately each 450 sq feet. Each apartment comes completely furnished with a full kitchen and all its kitchenware. It is completely turnkey. Currently 4 of the 5 apartments are short term vacation rentals and 1 has a long-term tenant in it. (No Lease) Also included is a 2 car detached garage with storage above. Located on the very popular Main Street in beautiful Ouray, CO, otherwise known as the Switzerland of America, this place is in the perfect location and walking distance to shops, restaurants, hiking trails, hot springs, Ice Park, Via Ferrata, mountain climbing and more. With its unique balcony sitting over Main St, there isn't a better place to view the extraordinary fireworks display with mountain background on the 4th of July and NYE! This place has endless possibilities! Give us a shout!

Last Agent to Sell the Property

Sharon Wild

Wild West Realty, LLC Listed on: 05/14/2022

Co-Listed By

Lee Ann Parden

Wild West Realty, LLC

Last Buyer's Agent

Sharon Wild

Wild West Realty, LLC Listed on: 05/14/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,202

Year Built

  • Built in 1888

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50 x 80
  • Property is zoned Commercial, Mixed-Use

Home Design

  • Victorian Architecture
  • Metal Roof
  • Stick Built Home

Interior Spaces

  • 2,872 Sq Ft Home
  • Furnished
  • Finished Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

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

Utilities

  • Hot Water Baseboard Heater
  • Heating System Uses Natural Gas
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 451531308016

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,202

Year Built

Built in 1888

Lot Details

0

Listing Details

  • Additional Living Quarters: Yes
  • Estimated Total Acres: 0.1
  • Class: RESIDENTIAL
  • Em Deposit: 20,000
  • Em Holder: Land Title
  • Fronts: Main Street
  • Legal Lot Block: Subd: CITY OF OURAY Lot: 15 Block: 14 EAST 87 FT OF LOTS 15-16 Subd: CITY OF OURAY Lot: 16 Block: 14 S: 31 T: 44 R: 7
  • Listed In Other Class: Yes
  • List Price per Sq Ft: 452.65
  • Lot Dimension: 50 X 80
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 451531308016
  • Price Per Sq Ft: 443.94
  • Real Estate Included: Yes
  • Realist Id: 4515-313-08-016
  • Residence Style: Victorian
  • Sale/Rent: For Sale
  • Sold Price Sq Ft: 443.94
  • Street Designation: Street
  • Zoning: Commercial, Mixed-Use
  • Type: Stick Built
  • Internet Service: Yes
  • Total Taxes Dollar: 2201.74
  • Year Built: 1888
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Estimated Total Sq Ft: 2872
  • Full Bathrooms: 0
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 5
  • Total Bathrooms: 5
  • Foundation: Basement-finished
  • Total Office Den: 0

Exterior Features

  • Roof: Metal

Utilities

  • Electric Supplier: San Miguel Power Association
  • Gas Supplier: Black Hills Energy
  • Heating System: Hot Water Baseboard
  • Sewer Supplier: City of Ouray
  • Water Supplier: City of Ouray

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: 2021

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2022
Closed on
Jun 23, 2022
Sold by
Michael Feeser
Bought by
Emilia Llc
Seller's Agent
Sharon Wild
Wild West Realty, LLC
Buyer's Agent
Sharon Wild
Wild West Realty, LLC
List Price
$1,300,000
Sold Price
$1,275,000
Premium/Discount to List
-$25,000
-1.92%
Current Estimated Value
$1,246,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$28,616
Avg. Annual Appreciation
-0.68%

Purchase Details

Closed on
May 30, 2018
Sold by
Richter Randall Lee and Richter Krista Marie
Bought by
Feeser Michael and Feeser Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2017
Sold by
Richter Randall and Richter Krista
Bought by
Richter Randall Lee and Richter Krista Marie

Purchase Details

Closed on
Nov 29, 2010
Sold by
Wells Fargo Bank Na
Bought by
Richter Krista and Richter Randall

Purchase Details

Closed on
Nov 18, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
Richter Krista and Richter Randall

Purchase Details

Closed on
Jan 5, 2010
Sold by
Emrick Jeanette and Emrick Carl
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 26, 2006
Sold by
Emrick Jeanette
Bought by
Emrick Jeanette and Emrick Carl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,000
Interest Rate
7.87%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Emilia Llc $1,275,000 Land Title Guarantee
Feeser Michael $448,000 Land Title Guarantee
Richter Randall Lee -- None Available
Richter Krista $160,000 North American Title
Richter Krista $175,000 None Available
Wells Fargo Bank Na -- None Available
Emrick Jeanette -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Feeser Michael $398,000
Previous Owner Emrick Jeanette $311,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2022 06/23/22 Sold $1,275,000 -1.9% $444 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
05/14/2022 05/14/22 For Sale $1,300,000 -- $453 / 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 $19,720 $317,620 $30,770 $286,850
2023 $19,720 $317,620 $30,770 $286,850
2022 $3,890 $62,280 $22,040 $40,240
2021 $2,202 $35,500 $6,800 $28,700
2020 $1,683 $27,830 $7,290 $20,540
2019 $1,683 $27,400 $7,290 $20,110
2018 $1,632 $25,940 $8,230 $17,710
2017 $1,617 $25,940 $8,230 $17,710
2016 $1,423 $24,910 $9,280 $15,630
2015 -- $24,910 $9,280 $15,630
2012 -- $67,920 $17,980 $49,940
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Colorado Real Estate Network (CREN)

MLS Number: 793467

Colorado Real Estate Network (CREN)

APN: R000764