NOT LISTED FOR SALE

1266 Texas Ave Grand Junction, CO 81501

Downtown Grand Junction Neighborhood

Estimated Value: $358,000 - $480,000

5 Beds
2 Baths
2,094 Sq Ft
$209/Sq Ft Est. Value

Last Sold May 31, 2022

Last sale price $434,000 $207 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,477/month

Highlights

  • Ranch Style House
  • Eat-In Kitchen
  • Laundry Room
  • Radiant Floor
  • Living Room
  • Shed

About This Home

As of May 2022

Two houses with dual rental income adjacent to CMU. Great investment opportunity in an excellent location. The main house is 1,224 sq ft with 4 bedrooms, 1 bathroom and the guest house is 870 sq ft with 1 bedroom, 1 bathroom. Current and projected rental income is available upon request. Projected CAP is just under 7%. Tenants are in place and have been offered a lease renewal on updated rental rates. Ample street side parking and carport parking available for both residences. Contact listing broker for additional details.

Last Agent to Sell the Property

Jeff Hanson

BRAY REAL ESTATE License #FA100032724 Listed on: 04/22/2022

Last Buyer's Agent

Julie Adams

LIFESTYLE LIVING REAL ESTATE, LLC License #ER100038897

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,491

Year Built

  • Built in 1950

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 60 x 125
  • Privacy Fence
  • Xeriscape Landscape
  • Property is zoned R-12

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2,094 Sq Ft Home
  • Living Room
  • Dining Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Carport

Outdoor Features

  • Shed

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 2945-123-12-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,491

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Estimated Main Sq Ft: 2094
  • Bathroom Level: M-Main Level
  • Bedroom 2 Conforming: Yes
  • Bedroom 2 Level: Main
  • Bedroom 2 Size: 13 x 10
  • Bedroom 3 Conforming: Yes
  • Bedroom 3 Level: Main
  • Bedroom 3 Size: 11 x 11
  • Bedroom 4 Conforming: Yes
  • Bedroom 4 Level: Main
  • Bedroom 4 Size: 9 x 7
  • Bedroom 5 Level: Main
  • Bedroom 5 Size: 12 x 10
  • Construction: Wood Frame
  • Current Use: Residential
  • Dining Rm Lvl: Main
  • Elevation: 4632
  • Exterior Features: Shed
  • Fronts: S
  • Gas Company: Xcel
  • Heating Type: Forced Air, Hot Water, Natural Gas, Radiant Floor
  • How Built: Site Built
  • Kitchen Lvl: Main
  • Laundry Rm Location: Room
  • Laundry Rm Lvl: Main
  • Laundry Rm Size: 7 x 7
  • Living Rm Lvl: Main
  • Living Rm Size: 17 x 13
  • Lot Dimensions: 60 x 125
  • Lvt Date: 04/22/2022
  • Master Bdrm Conforming: Yes
  • Master Bdrm Lvl: Main
  • Master Bdrm Size: 15 x 11
  • Bedrooms: 5
  • Property Type: Residential
  • Real Estate Incl: Yes
  • Sewer: Sewer Installed
  • Sewer Company: City Of Gj
  • Street Desc Access: City/Town, Paved
  • Style: Ranch
  • Taxes: 1491.3
  • Tax Year: 2021
  • Total Acres: 0.17
  • Total Apx Sq Ft: 2094
  • Type: Single Family
  • Water: City Water
  • Zoning: R-12
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Kitchen Size: 15 x 10
  • Bathroom Description: full/3/4
  • Appliances: Dishwasher, Dryer, Electric Range Oven, Garbage Disposal, Refrigerator, Washer
  • Basement Foundation: Crawl Space
  • Eating Space: Yes
  • Floor: Carpet, Hardwood, Tile, Wood Laminate
  • Bathrooms: 2
  • Price Per Sq Ft: 207.26

Exterior Features

  • Fence: Privacy
  • Landscaping: Xeriscape
  • Exterior Siding: Wood
  • Roof: Asphalt Composition

Garage/Parking

  • Garage Type: Carport
  • Garage Capacity: 2

Utilities

  • Cooling Type: Evaporative Cooler
  • Electric Company: Xcel
  • Water Company: City of GJ

Schools

  • Elementary School: Orchard Avenue
  • Middle School: East
  • High School: Grand Junction

Lot Info

  • Lot Description: 0' - 75' Frontage
  • Lot Size: A: 0-0.24
  • Parcel Number: 2945-123-12-022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2022
Closed on
May 31, 2022
Sold by
Tobias Kirschke Gary
Bought by
1266 Texas Ave Llc
Seller's Agent
Jeff Hanson
BRAY REAL ESTATE
Buyer's Agent
Julie Adams
LIFESTYLE LIVING REAL ESTATE, LLC
List Price
$425,000
Sold Price
$434,000
Premium/Discount to List
$9,000
2.12%
Current Estimated Value
$437,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,016
Avg. Annual Appreciation
0.21%
Original Mortgage
$325,500
Outstanding Balance
$309,252
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$127,764

Purchase Details

Listed on
Apr 22, 2022
Closed on
May 26, 2022
Sold by
1266 Texas Llc
Bought by
Kirschke Gary Tobias and Kirschke Samantha
Seller's Agent
Jeff Hanson
BRAY REAL ESTATE
Buyer's Agent
Julie Adams
LIFESTYLE LIVING REAL ESTATE, LLC
List Price
$425,000
Sold Price
$434,000
Premium/Discount to List
$9,000
2.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,500
Outstanding Balance
$309,252
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$127,764

Purchase Details

Closed on
Jan 12, 2018
Sold by
1266 Texas Llc
Bought by
1266 Texas Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,700
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 2, 2018
Sold by
Bray And Co
Bought by
1266 Texas Avenue Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,700
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 24, 2017
Closed on
Sep 7, 2017
Sold by
Parker James Michael
Bought by
Bray And Company
Seller's Agent
Jeff Hanson
BRAY REAL ESTATE
Buyer's Agent
Brian Bray
BRAY/COMMERCIAL
List Price
$267,000
Sold Price
$255,000
Premium/Discount to List
-$12,000
-4.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.89%

Purchase Details

Closed on
Aug 20, 2010
Sold by
Fannie Mae
Bought by
Parker James Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,471
Interest Rate
4.42%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 13, 1988
Sold by
Lekic Harold J
Bought by
1266 Texas Llc
Source: Public Records

Range of Values:

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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
1266 Texas Ave Llc -- None Listed On Document
Kirschke Gary Tobias $434,000 None Listed On Document
1266 Texas Llc -- None Available
1266 Texas Avenue Llc -- None Available
Bray And Company $255,000 Heritage Title Company
Bray And Company A Colorado $255,000 Heritage Title Co
Parker James Michael $115,000 None Available
1266 Texas Llc $39,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kirschke Gary Tobias $325,500
Previous Owner 1266 Texas Llc $162,700
Previous Owner Parker James Michael $113,471
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/31/2022 05/31/22 Sold $434,000 +2.1% $207 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $425,000 +66.7% $203 / Sq Ft
09/07/2017 09/07/17 Sold $255,000 -4.5% $122 / Sq Ft View Prior Sale
08/24/2017 08/24/17 Pending -- -- --
08/24/2017 08/24/17 For Sale $267,000 -- $128 / Sq Ft
Source: Grand Junction Area REALTOR® Association

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 $1,814 $25,660 $4,980 $20,680
2023 $1,814 $25,660 $4,980 $20,680
2022 $1,486 $20,620 $3,480 $17,140
2021 $1,491 $21,210 $3,580 $17,630
2020 $1,154 $16,800 $3,580 $13,220
2019 $1,091 $16,800 $3,580 $13,220
2018 $1,104 $15,600 $3,240 $12,360
2017 $948 $13,440 $3,240 $10,200
2016 $809 $12,900 $3,380 $9,520
2015 $410 $12,900 $3,380 $9,520
2014 $383 $12,160 $2,790 $9,370
Source: Public Records

Agents Affiliated with this Home

  • Jeff Hanson

    Seller's Agent in 2022

    Jeff Hanson

    BRAY REAL ESTATE

    (970) 773-8813

    15 in this area

    71 Total Sales

    Jeff Hanson
    Section Image
  • Julie Adams

    Buyer's Agent in 2022

    Julie Adams

    LIFESTYLE LIVING REAL ESTATE, LLC

    (970) 712-1977

    14 in this area

    85 Total Sales

    Julie Adams
    Section Image
  • Brian Bray

    Buyer's Agent in 2017

    Brian Bray

    BRAY/COMMERCIAL

    (970) 263-2950

    29 in this area

    77 Total Sales

    Brian Bray
    Section Image
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Map

Source: Grand Junction Area REALTOR® Association

MLS Number: 20221907

Grand Junction Area REALTOR® Association

APN: 2945-123-12-022

Colorado Mesa County Grand Junction 81501 Downtown Grand Junction

1266 Texas Ave, Grand Junction, CO

This home is located at 1266 Texas Ave, Grand Junction, CO 81501 since 22 April 2022 and is currently estimated at $437,016, approximately $208 per square foot. This property was built in 1950. 1266 Texas Ave is a home located in Mesa County with nearby schools including Orchard Avenue Elementary School, East Middle School, and West Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Grand Junction Area REALTOR® Association IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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