NOT LISTED FOR SALE

305 Main St Ouray, CO 81427

Estimated Value: $1,267,000 - $1,739,000

4 Beds
3.5 Baths
2,683 Sq Ft
$561/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $1,620,000 $604 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $8,533/month

263 Days on Market

Highlights

  • The property is located in a historic district
  • Mountainous Lot
  • Radiant Floor
  • Mountain View
  • Partially Wooded Lot
  • 4-minute walk to Box Canyon Waterfall and Park

About This Home

As of July 2023

The two-story, red sandstone home has stood on Main Street since 1902. Richard Whinnerah, had the house built for his bride, Una Wheeler. The dressed stone exterior of the house and wrap-around porch are typical of Edwardian style with less ornamentation than earlier Victorian. The home was purchased in 1945 by the Idarado Mining Company. The mining company renovated it in 1995 and it remains in excellent condition. The present owner has restored many of the early characteristics of the home while rretaining its historic character and making it a comfortable house.

The home is presently utilized as a primary residence; however, with its C-1 zoning there are possible opportunities including conversion of the garage/workshop to an Auxiliary Dwelling Unit (AUD) and possible commercial uses of the property. Any such use change opportunities should be explored and confirmed with the City of Ouray.

Last Agent to Sell the Property

John Watson

John Watson License #001321693 Listed on: 10/27/2022

Last Buyer's Agent

Other MLS Non-REcolorado

NON MLS PARTICIPANT

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,776

Year Built

  • Built in 1903 | Remodeled

Lot Details

  • 7,100 Sq Ft Lot
  • Year Round Access
  • Partially Fenced Property
  • Corner Lot
  • Front Yard Sprinklers
  • Mountainous Lot
  • Partially Wooded Lot
  • Garden

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Heated Garage
  • Insulated Garage
  • Dry Walled Garage
  • Exterior Access Door

Property Views

  • Mountain
  • Valley

Home Design

  • Traditional Architecture
  • Architectural Shingle Roof
  • Wood Siding
  • Stone Siding

Interior Spaces

  • 2-Story Property
  • Built-In Features
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Bay Window
  • Entrance Foyer
  • Living Room with Fireplace
  • Washer

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Radiant Floor
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Finished Basement

  • Bedroom in Basement
  • 1 Bedroom in Basement

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters
  • Wrap Around Porch

Schools

  • Ouray Elementary And Middle School
  • Ouray High School

Utilities

  • No Cooling
  • Heating System Uses Steam
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available

Additional Features

  • Smoke Free Home
  • The property is located in a historic district

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Exclusions: All Personal property not Addressed as an Inclusion
  • Property held in a trust
  • Assessor Parcel Number 451531306006

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,776

Year Built

Built in 1903 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Structure Type: House
  • Levels: Two
  • Year Built: 1903
  • Above Grade Finished Sq Ft: 1220
  • Exclusions: All Personal property not Addressed as an Inclusion
  • Living Area: 2683
  • Property Condition: Updated/Remodeled
  • Directions: On the corner of 3rd and Main. On the south end of Main
  • SubdivisionName: None
  • Ownership: Corporation/Trust
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBathrooms: 1
  • REC_BasementLevelBedrooms: 1
  • REC_BelowGradeUnfinishedArea: 0.00
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 2
  • REC_UpperLevelBedrooms: 3
  • REC_WaterIncludedYN: 1
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Gas Water Heater, Range, Refrigerator, Washer
  • Fireplaces: 1
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Entrance Foyer, Smoke Free
  • Flooring: Concrete, Tile, Wood
  • Fireplace Features: Gas, Living Room
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Common Walls: No Common Walls
  • Basement: Finished
  • Basement: Yes
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 1463
  • Main Level Bathrooms: 1
  • Window Features: Bay Window(s), Window Coverings

Exterior Features

  • Roof: Architecural Shingle
  • Construction Materials: Rock, Stone, Wood Siding
  • View: Mountain(s), Valley
  • Exterior Features: Garden, Lighting, Rain Gutters
  • Patio and Porch Features: Patio, Wrap Around
  • Road Frontage Type: Public, Year Round
  • Road Surface Type: Paved

Garage/Parking

  • Parking Features: Concrete, Dry Walled, Exterior Access Door, Heated Garage, Insulated Garage, Storage
  • Attached Garage: No
  • Garage Spaces: 2
  • Total Parking Spaces: 2
  • REC_ParkingCount: 1

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available
  • Sewer: Community Sewer
  • Cooling: None
  • Heating: Radiant Floor, Steam
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 0.00
  • REC_AssociationFeeTotalAnnual: 0.00

Schools

  • Middle Or Junior School: Ouray

Lot Info

  • Parcel Number: 451531306006
  • Lot Size Acres: 0.16
  • Fencing: Partial
  • Building Area Total: 2683
  • Lot Features: Corner Lot, Foothills, Historical District, Mountainous, Sprinklers In Front
  • Lot Size Sq Ft: 7100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2775.6

MLS Schools

  • Elementary School: Ouray
  • High School: Ouray

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2022
Closed on
Jul 31, 2023
Sold by
Arno Grether Living Trust
Bought by
Vancil Eliot
Seller's Agent
John Watson
John Watson
Buyer's Agent
Other MLS Non-REcolorado
NON MLS PARTICIPANT
List Price
$2,050,000
Sold Price
$1,620,000
Premium/Discount to List
-$430,000
-20.98%
Views
710
Current Estimated Value
$1,504,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$115,554
Avg. Annual Appreciation
-8.40%

Purchase Details

Closed on
May 30, 2017
Sold by
Grether Arno
Bought by
Arno Grether Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 25, 2015
Sold by
Ford Patricia A
Bought by
Grether Arno and Grether Descendants Trust

Purchase Details

Closed on
Feb 24, 2015
Sold by
Ford Patricia A
Bought by
Grether Arno and Grether Descendants Trust
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
Vancil Eliot $1,620,000 Land Title Guarantee
Arno Grether Living Trust -- Fidelity National Title
Grether Arno $227,500 Heritage Title
Grether Arno $227,500 Heritage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vancil Eliot $1,000,000
Previous Owner Arno Grether Living Trust $550,000
Previous Owner Arno Grether Living Trust $400,000
Previous Owner Ford Gerald A $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2023 07/31/23 Sold $1,620,000 -9.9% $604 / Sq Ft
07/17/2023 07/17/23 Pending -- -- --
07/16/2023 07/16/23 Price Changed $1,799,000 -4.8% $671 / Sq Ft
11/15/2022 11/15/22 Price Changed $1,890,000 -7.8% $704 / Sq Ft
10/27/2022 10/27/22 For Sale $2,050,000 -- $764 / Sq Ft
Source: REcolorado®

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 $4,015 $64,670 $9,190 $55,480
2023 $4,015 $68,010 $9,670 $58,340
2022 $2,775 $44,430 $9,040 $35,390
2021 $2,835 $45,710 $9,300 $36,410
2020 $2,496 $40,630 $10,090 $30,540
2019 $2,496 $40,630 $10,090 $30,540
2018 $2,047 $32,540 $11,610 $20,930
2017 $2,029 $32,540 $11,610 $20,930
2016 $2,049 $35,870 $12,120 $23,750
2015 -- $35,870 $12,120 $23,750
2012 -- $33,040 $13,230 $19,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 2904645

REcolorado®

APN: R000803