Town North Condominiums 1140 Walnut Ave Unit 5 Grand Junction, CO 81501
Downtown Grand Junction NeighborhoodEstimated payment $1,400/month
Highlights
- In Ground Pool
- Eat-In Kitchen
- Landscaped
- Ranch Style House
- Living Room
- Dining Room
About This Home
Essentially on a University Campus. You will love the unbeatable location—just a short walk to Colorado Mesa University, Saint Mary's Hospital, shopping, dining, and only a quick bike ride to downtown Grand Junction and Lincoln Park. Market rent is currently $1,600 - $1,800 per month, reflecting its premium location and desirable amenities, which position it above average to comparable properties. The building offers secure access and convenient on-site laundry facilities in each building. Residents can enjoy not just one, but two beautifully designed patio areas featuring pergolas, BBQ grills, and outdoor dining spaces—perfect for relaxing or entertaining. These areas surround a sparkling common-area pool, making hot days a true delight! Whether you're a homeowner or investor, this property is an incredible opportunity. With the University experiencing a major demand for housing, now is the ideal time to invest. Condo #5 is move-in ready with brand new carpet installed in the bedrooms. Schedule a viewing today. Some photos have been digitally staged with AI assistance.
Listing Agent
KELLER WILLIAMS COLORADO WEST REALTY License #FA100066880 Listed on: 07/22/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $480
Year Built
- Built in 1979
Lot Details
- Landscaped
- Sprinkler System
HOA Fees
- $300 Monthly HOA Fees
Home Design
- Ranch Style House
- Brick Exterior Construction
- Slab Foundation
- Wood Frame Construction
- Asphalt Roof
- Wood Siding
Interior Spaces
- 779 Sq Ft Home
- Ceiling Fan
- Window Treatments
- Living Room
- Dining Room
- Laundry on lower level
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Pool
- In Ground Pool
Schools
- Tope Elementary School
- West Middle School
- Grand Junction High School
Utilities
- Evaporated cooling system
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- Assessor Parcel Number 2945-111-36-005
Community Details
Overview
- $100 HOA Transfer Fee
- Town North Condos Subdivision
- On-Site Maintenance
Amenities
- Laundry Facilities
- Community Storage Space
Recreation
Pet Policy
- Pets allowed on a case-by-case basis
Map
About Town North Condominiums
Home Values in the Area
Average Home Value in this Area
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 | $477 | $6,750 | -- | $6,750 |
| 2023 | $477 | $6,750 | $0 | $6,750 |
| 2022 | $488 | $6,770 | $0 | $6,770 |
| 2021 | $490 | $6,970 | $0 | $6,970 |
| 2020 | $407 | $5,930 | $0 | $5,930 |
| 2019 | $385 | $5,930 | $0 | $5,930 |
| 2018 | $363 | $5,130 | $0 | $5,130 |
| 2017 | $362 | $5,130 | $0 | $5,130 |
| 2016 | $343 | $5,470 | $0 | $5,470 |
| 2015 | $348 | $5,470 | $0 | $5,470 |
| 2014 | $365 | $5,790 | $0 | $5,790 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/24/2025 09/24/25 | For Rent | $1,400 | 0.0% | -- |
| 09/09/2025 09/09/25 | Price Changed | $200,000 | -3.4% | $257 / Sq Ft |
| 08/19/2025 08/19/25 | Price Changed | $207,000 | -1.4% | $266 / Sq Ft |
| 07/22/2025 07/22/25 | For Sale | $210,000 | +20.0% | $270 / Sq Ft |
| 01/13/2023 01/13/23 | Sold | $175,000 | 0.0% | $225 / Sq Ft |
| 01/03/2023 01/03/23 | Pending | -- | -- | -- |
| 01/02/2023 01/02/23 | For Sale | $175,000 | -- | $225 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $175,000 | Land Title | |
| Warranty Deed | $120,000 | Fmc Title | |
| Warranty Deed | $83,505 | Stewart Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $120,000 | Purchase Money Mortgage | |
| Previous Owner | $80,950 | FHA |
Source: Grand Junction Area REALTOR® Association
MLS Number: 20253508
APN: 2945-111-36-005
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