NOT LISTED FOR SALE

140 W 5th St Palisade, CO 81526

Palisade Area Neighborhood

Estimated Value: $645,000 - $864,000

3 Beds
2 Baths
4,222 Sq Ft
$178/Sq Ft Est. Value

Last Sold August 20, 2018

Last sale price $420,000 $99 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $4,451/month

44 Days on Market

Highlights

  • RV Access or Parking
  • Ranch Style House
  • Corner Lot
  • Vaulted Ceiling
  • Wood Flooring
  • Picket Fence

About This Home

As of August 2018

This historic 1947 church building in beautiful downtown Palisade Wine Country has been lovingly restored to its previous glory with many upgrades! Bring your ideas for a business or simply make it your home or do both as it sits in a mixed-use zoning! This great downtown location boasts two levels. The upstairs is a great room complete with stage and kitchen; downstairs is a modern living area with designer touches throughout. Upgrades include: solar, genuine travertine flooring, custom tile and security system w/remote viewing. Second gourmet kitchen is downstairs with wrap around concrete countertop, Bosch cooktop, GE Profile convection oven & Samsung fridge (all stainless). Original hardwood floors have been restored to their original beauty. Charming outdoor courtyard w/flower garden which is completely fenced. Detached 3 car garage w/upstairs storage. Don't miss out on this one!

Last Agent to Sell the Property

KAT RHEIN

HOMESMART REALTY PARTNERS License #FA100074314 Listed on: 06/25/2018

Co-Listed By

Toni Heiden

HEIDEN HOMES REALTY License #EA182411

Last Buyer's Agent

Sara Carlisle

RIVER CITY REAL ESTATE, LLC License #FA100067042

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,952

Year Built | Renovated

  • 1947 | 2012

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 61 x 128
  • Picket Fence
  • Landscaped
  • Corner Lot
  • Property is zoned MixedUse

Home Design

  • Ranch Style House
  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • Vaulted Ceiling
  • Ceiling Fan
  • <<energyStarQualifiedWindowsToken>>
  • Living Room
  • Dining Room
  • Home Security System

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom located in the basement
  • Walk-In Closet
  • 2 Bathrooms
  • Walk-in Shower

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Bedroom in Basement
  • Laundry in Basement

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • RV Access or Parking

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System
  • Septic Design Installed

Additional Features

  • Solar owned by seller
  • Open Patio

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,952

Year Built | Renovated

1947 | 2012

Lot Details

0

Listing Details

  • 3 Phase: Unknown
  • Estimated Finished Basement Sq Ft: 2111
  • Estimated Main Sq Ft: 2111
  • Bathroom Level: B-Basement, M-Main Level
  • Bedroom 2 Level: Basement
  • Bedroom 2 Size: 15.5 x 11.5
  • Bedroom 3 Level: Main
  • Bedroom 3 Size: 13 x 8
  • Construction: Concrete/Block
  • Current Use: Residential
  • Dining Rm Type: Combo
  • Elevation: 4724
  • Exterior Features: Rv Parking
  • Fronts: S
  • Gas Company: Xcel
  • Heating Type: Forced Air, Natural Gas
  • How Built: Site Built
  • Kitchen Lvl: Basement
  • Laundry Rm Lvl: Basement
  • Laundry Rm Size: 16 x 10
  • Living Rm Lvl: Basement
  • Living Rm Size: 33 x 15.5
  • Lot Dimensions: 61 x 128
  • Lvt Date: 06/25/2018
  • Master Bdrm Lvl: Basement
  • Master Bdrm Size: 18.5 x 15.5
  • Bedrooms: 3
  • Other Rm1 Lvl: Main
  • Other Rm1 Name: Kitchen2
  • Other Rm1 Size: 13 x 8
  • Other Rm2 Lvl: Main
  • Other Rm2 Name: Grand Rm
  • Other Rm2 Size: 39 x 32 x 7
  • Other Rm3 Lvl: Main
  • Other Rm3 Name: Stage
  • Other Rm3 Size: 13.7 x 15.5
  • Patio Deck: Patio-Open
  • Property Type: Residential
  • Real Estate Incl: Yes
  • Sewer: Sewer Installed
  • Sewer Company: Palisade
  • Street Desc Access: Paved
  • Style: Ranch W/Basement
  • Taxes: 1951.76
  • Tax Year: 2018
  • Total Acres: 0.18
  • Total Apx Sq Ft: 4222
  • Type: Single Family
  • Water: City Water
  • Zoning: MixedUse
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1947
  • Year Renovated: 2012

Interior Features

  • Kitchen Size: 15 x 14
  • Bathroom Description: 1 Full, 1 3/4
  • Appliances: Dishwasher, Electric Range Oven, Garbage Disposal, Gas Range Oven, Refrigerator
  • Basement Foundation: Completely Finished, Full Basement, Walkout
  • Floor: Carpet, Hardwood, Tile
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Security System, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower
  • Bathrooms: 2
  • Price Per Sq Ft: 99.48

Exterior Features

  • Fence: Picket
  • Landscaping: Landscaped Back, Landscaped Front
  • Exterior Siding: Stucco
  • Roof: Metal

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Capacity: 3

Utilities

  • Cooling Type: Refrigerated Central Air
  • Electric Company: Xcel
  • Water Company: Palisade

Schools

  • Elementary School: Taylor
  • Middle School: MT Garfield (Mesa County)
  • High School: Palisade

Green Features

  • Energy Features: Energy Star/Low E Windows, Solar Owned

Lot Info

  • Lot Description: Corner
  • Lot Size: A: 0-0.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2025
Sold by
Gaylord Michael Cadez Inherited Trust and Cadez Gaylord Michael
Bought by
Cadez Gaylord Michael
Current Estimated Value
$753,600

Purchase Details

Listed on
Jun 25, 2018
Closed on
Aug 20, 2018
Sold by
Rhein Jason A and Rhein Kathy D
Bought by
Gaylord Michael Cadez Inherited Trust
Seller's Agent
KAT RHEIN
HOMESMART REALTY PARTNERS
Buyer's Agent
Sara Carlisle
RIVER CITY REAL ESTATE, LLC
List Price
$469,900
Sold Price
$420,000
Premium/Discount to List
-$49,900
-10.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.28%

Purchase Details

Closed on
Nov 3, 2011
Sold by
Skinner Joseph H
Bought by
Rhein Jason A and Rhein Kathy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,200
Interest Rate
4.14%
Mortgage Type
Construction
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
Cadez Gaylord Michael -- None Listed On Document
Gaylord Michael Cadez Inherited Trust $420,000 Fidelity National Title
Rhein Jason A $149,900 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rhein Jason A $352,000
Previous Owner Rhein Jason A $279,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2018 08/20/18 Sold $420,000 -10.6% $99 / Sq Ft
08/08/2018 08/08/18 Pending -- -- --
06/25/2018 06/25/18 For Sale $469,900 -- $111 / 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 $3,462 $42,180 $7,090 $35,090
2023 $3,462 $42,180 $7,090 $35,090
2022 $3,213 $38,420 $4,520 $33,900
2021 $3,233 $39,530 $4,650 $34,880
2020 $2,104 $25,910 $4,650 $21,260
2019 $2,007 $25,910 $4,650 $21,260
2018 $1,983 $23,740 $3,380 $20,360
2017 $1,952 $23,740 $3,380 $20,360
2016 $1,687 $22,630 $3,380 $19,250
2015 $1,705 $22,630 $3,380 $19,250
2014 $1,944 $26,070 $3,380 $22,690
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    KAT RHEIN

    HOMESMART REALTY PARTNERS

    Section Image
  • Toni Heiden

    Seller Co-Listing Agent in 2018

    Toni Heiden

    HEIDEN HOMES REALTY

    (970) 260-8664

    1 in this area

    109 Total Sales

    Toni Heiden
    Section Image
  • Sara Carlisle

    Buyer's Agent in 2018

    Sara Carlisle

    RIVER CITY REAL ESTATE, LLC

    (970) 234-2407

    Sara Carlisle
    Section Image
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Map

Source: Grand Junction Area REALTOR® Association

MLS Number: 20183618

Grand Junction Area REALTOR® Association

APN: 2937-092-04-015

Colorado Mesa County Palisade 81526 Palisade Area

140 W 5th St, Palisade, CO

This home is located at 140 W 5th St, Palisade, CO 81526 since 25 June 2018 and is currently estimated at $753,600, approximately $178 per square foot. This property was built in 1947. 140 W 5th St is a home located in Mesa County with nearby schools including Taylor Elementary School, Mount Garfield Middle School, and Palisade High 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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