PENDING
$55K PRICE DROP
125 Franklin Ave Unit 203 Grand Junction, CO 81505
Downtown Grand Junction NeighborhoodEstimated payment $1,209/month
Total Views
10,824
2
Beds
1
Bath
804
Sq Ft
$174
Price per Sq Ft
Highlights
- In Ground Pool
- Main Floor Primary Bedroom
- Covered Deck
- Living Room with Fireplace
- Sauna
- Tile Flooring
About This Home
Vacant and ready to move in! 2 Bedroom and 1 full bathroom condominium close to college, grocery stores, park, restaurants, and bus stops. Below level parking. Makes a great long term rental! Nice kitchen with Peek-a-boo to the dining area. Living area has a fireplace for ambience and sliding glass door to an outside balcony with views. Doors, paint, and flooring have been updated over the years. Popcorn ceiling has been removed. Complex offers an indoor pool, sauna, and shared laundry. HOA dues will be $410 a month after 1/1/2026.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $782
Year Built
- Built in 1976
HOA Fees
- $410 Monthly HOA Fees
Home Design
- Flat Roof Shape
- Wood Frame Construction
- Wood Siding
Interior Spaces
- 804 Sq Ft Home
- Ceiling Fan
- Living Room with Fireplace
- Dining Room
Kitchen
- Electric Oven or Range
- Dishwasher
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- Primary Bedroom on Main
- 1 Bathroom
Parking
- 1 Car Garage
- Basement Garage
Outdoor Features
- In Ground Pool
- Covered Deck
Schools
- Pomona 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 2945-104-24-024
Community Details
Overview
- $100 HOA Transfer Fee
- Visit Association Website
- Franklin Street Condos Subdivision
Amenities
- Sauna
- Laundry Facilities
- Community Storage Space
Recreation
- Community Pool
Map
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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 | $333 | $4,710 | -- | $4,710 |
| 2023 | $333 | $4,710 | $0 | $4,710 |
| 2022 | $482 | $6,680 | $0 | $6,680 |
| 2021 | $483 | $6,870 | $0 | $6,870 |
| 2020 | $467 | $6,790 | $0 | $6,790 |
| 2019 | $441 | $6,790 | $0 | $6,790 |
| 2018 | $294 | $4,160 | $0 | $4,160 |
| 2017 | $230 | $4,160 | $0 | $4,160 |
| 2016 | $230 | $3,670 | $0 | $3,670 |
| 2015 | $233 | $3,670 | $0 | $3,670 |
| 2014 | $229 | $3,630 | $0 | $3,630 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/01/2025 12/01/25 | Pending | -- | -- | -- | |
| 10/21/2025 10/21/25 | Price Changed | $139,900 | -3.5% | $174 / Sq Ft | |
| 09/27/2025 09/27/25 | Price Changed | $145,000 | -3.3% | $180 / Sq Ft | |
| 08/07/2025 08/07/25 | Price Changed | $149,900 | -3.3% | $186 / Sq Ft | |
| 07/26/2025 07/26/25 | Price Changed | $155,000 | -3.1% | $193 / Sq Ft | |
| 07/21/2025 07/21/25 | Price Changed | $159,900 | -3.1% | $199 / Sq Ft | |
| 07/11/2025 07/11/25 | Price Changed | $165,000 | -2.9% | $205 / Sq Ft | |
| 07/03/2025 07/03/25 | Price Changed | $170,000 | -2.9% | $211 / Sq Ft | |
| 06/23/2025 06/23/25 | Price Changed | $175,000 | -5.4% | $218 / Sq Ft | |
| 06/09/2025 06/09/25 | Price Changed | $185,000 | -5.1% | $230 / Sq Ft | |
| 05/15/2025 05/15/25 | For Sale | $195,000 | +333.3% | $243 / Sq Ft | |
| 11/16/2012 11/16/12 | Sold | $45,000 | +0.2% | $53 / Sq Ft | View Prior Sale |
| 10/17/2012 10/17/12 | Pending | -- | -- | -- | |
| 03/05/2012 03/05/12 | For Sale | $44,900 | -- | $53 / Sq Ft |
Source: Grand Junction Area REALTOR® Association
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $45,000 | Land Title Guarantee Company | |
| Warranty Deed | $92,000 | Stewart Title Of Colorado Gr | |
| Warranty Deed | $53,000 | Meridian Land Title Llc | |
| Warranty Deed | $45,000 | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $92,000 | Purchase Money Mortgage | |
| Previous Owner | $42,400 | Purchase Money Mortgage | |
| Previous Owner | $33,750 | No Value Available |
Source: Public Records
Source: Grand Junction Area REALTOR® Association
MLS Number: 20252225
APN: 2945-104-24-024
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