125 Franklin Ave Unit 308 Grand Junction, CO 81505
Downtown Grand Junction NeighborhoodEstimated payment $1,389/month
Total Views
29
1
Bed
1
Bath
548
Sq Ft
$319
Price per Sq Ft
Highlights
- In Ground Pool
- Ranch Style House
- Sauna
- Living Room with Fireplace
- Main Floor Primary Bedroom
- Eat-In Kitchen
About This Home
Instant income opportunity with tenants already in place! This fully remodeled 1-bedroom, 1-bath condo is turnkey. Updates include fresh paint, new cabinets, countertops, appliances, flooring, and bathroom vanity, plus a cozy fireplace and balcony. Located in the heart of Grand Junction, it's close to CMU, Downtown, shopping, parks, and transit. The complex features an indoor pool, sauna, coin-op laundry on each floor, storage units, and covered parking, with HOA dues of $354/month.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $675
Year Built
- Built in 1976
HOA Fees
- $354 Monthly HOA Fees
Home Design
- Ranch Style House
- Flat Roof Shape
- Stem Wall Foundation
- Wood Frame Construction
- Wood Siding
- Block Exterior
Interior Spaces
- 548 Sq Ft Home
- Living Room with Fireplace
- Dining Room
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 1 Primary Bedroom on Main
- 1 Bathroom
Parking
- 2 Car Garage
- Basement Garage
- Garage Door Opener
Schools
- Pomona Elementary School
- West Middle School
- Grand Junction High School
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- Septic Design Installed
Additional Features
- In Ground Pool
- Landscaped
Listing and Financial Details
- Assessor Parcel Number 2945-104-23-004
Community Details
Overview
- $100 HOA Transfer Fee
- Visit Association Website
- Franklin Street Condos Subdivision
- On-Site Maintenance
Amenities
- Sauna
- Laundry Facilities
Recreation
- Community Pool
Pet Policy
- Pets Allowed
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 | $109 | $3,070 | -- | $3,070 |
| 2023 | $109 | $3,070 | $0 | $3,070 |
| 2022 | $184 | $5,110 | $0 | $5,110 |
| 2021 | $185 | $5,260 | $0 | $5,260 |
| 2020 | $179 | $5,210 | $0 | $5,210 |
| 2019 | $338 | $5,210 | $0 | $5,210 |
| 2018 | $224 | $3,160 | $0 | $3,160 |
| 2017 | $223 | $3,160 | $0 | $3,160 |
| 2016 | $168 | $2,680 | $0 | $2,680 |
| 2015 | $170 | $2,680 | $0 | $2,680 |
| 2014 | $163 | $2,590 | $0 | $2,590 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/23/2025 05/23/25 | For Sale | $175,000 | +11.5% | $319 / Sq Ft |
| 11/22/2024 11/22/24 | Sold | $157,000 | -7.1% | $286 / Sq Ft |
| 11/12/2024 11/12/24 | Price Changed | $169,000 | -3.4% | $308 / Sq Ft |
| 10/29/2024 10/29/24 | For Sale | $174,900 | 0.0% | $319 / Sq Ft |
| 10/25/2024 10/25/24 | Pending | -- | -- | -- |
| 10/10/2024 10/10/24 | For Sale | $174,900 | +59.0% | $319 / Sq Ft |
| 09/27/2024 09/27/24 | Sold | $110,000 | -6.4% | $201 / Sq Ft |
| 09/05/2024 09/05/24 | Pending | -- | -- | -- |
| 08/30/2024 08/30/24 | Price Changed | $117,500 | -9.5% | $214 / Sq Ft |
| 08/08/2024 08/08/24 | Price Changed | $129,900 | -6.5% | $237 / Sq Ft |
| 07/30/2024 07/30/24 | For Sale | $139,000 | -- | $254 / Sq Ft |
Source: Grand Junction Area REALTOR® Association
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $157,000 | None Listed On Document | |
| Special Warranty Deed | $157,000 | None Listed On Document | |
| Special Warranty Deed | $110,000 | Land Title Guarantee | |
| Warranty Deed | $72,400 | Fahtco | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Deed | -- | -- | |
| Deed | $25,500 | -- | |
| Deed | $23,000 | -- | |
| Deed | -- | -- | |
| Deed | $20,000 | -- | |
| Deed | $15,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $57,920 | Purchase Money Mortgage | |
| Previous Owner | $14,480 | Stand Alone Second |
Source: Public Records
Similar Homes in Grand Junction, CO
Source: Grand Junction Area REALTOR® Association
MLS Number: 20252380
APN: 2945-104-23-004
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