1531 Elm Ave Grand Junction, CO 81501
Downtown Grand Junction NeighborhoodEstimated payment $1,523/month
Highlights
- Ranch Style House
- Open Patio
- Shed
- Living Room
- Laundry Room
- Landscaped
About This Home
Seller is motivated, bring all reasonable offers! Charming 2-Bedroom Home Steps from Colorado Mesa University – Ideal for Investors or Owner-Occupants! Location, convenience, and potential come together in this cute 2-bedroom, 1-bath home just a short walk from Colorado Mesa University. Whether you're looking for a smart investment opportunity or a comfortable place to call home, this property checks all the boxes. Inside, you'll find a bright and efficient layout with a cozy functional kitchen. The two bedrooms offer ample space and natural light separated by a full bathroom. Outside enjoy a fully fenced yard, off-street parking, and a storage shed offering additional storage space. The unbeatable location makes this home a standout choice for students or anyone who wants to enjoy easy access to shopping, dining, parks, and public transportation. Investors will appreciate the strong rental demand and consistent income potential, while owner-occupants can enjoy the lifestyle benefits of a central, walkable neighborhood. Don't miss this opportunity to own a versatile and valuable property in the heart of Grand Junction!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,177
Year Built
- Built in 1955
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 50 x 125
- Chain Link Fence
- Landscaped
- Property is zoned RSF
Home Design
- Ranch Style House
- Wood Frame Construction
- Asphalt Roof
- Wood Siding
Interior Spaces
- 916 Sq Ft Home
- Window Treatments
- Living Room
- Dining Room
- Crawl Space
Kitchen
- Electric Oven or Range
- Range Hood
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Laundry
- Laundry Room
- Laundry on main level
- Washer and Dryer Hookup
Outdoor Features
- Open Patio
- Shed
Schools
- Orchard Avenue Elementary School
- West Middle School
- Grand Junction High School
Utilities
- Evaporated cooling system
- Forced Air Heating System
Community Details
- Park Place Hts Subdivision
Listing and Financial Details
- Assessor Parcel Number 2945-123-22-002
Map
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 | $834 | $11,800 | $4,340 | $7,460 |
| 2023 | $834 | $11,800 | $4,340 | $7,460 |
| 2022 | $767 | $10,640 | $3,820 | $6,820 |
| 2021 | $769 | $10,940 | $3,930 | $7,010 |
| 2020 | $717 | $10,440 | $3,580 | $6,860 |
| 2019 | $678 | $10,440 | $3,580 | $6,860 |
| 2018 | $674 | $9,520 | $3,240 | $6,280 |
| 2017 | $820 | $9,520 | $3,240 | $6,280 |
| 2016 | $533 | $8,500 | $3,380 | $5,120 |
| 2015 | $540 | $8,500 | $3,380 | $5,120 |
| 2014 | $471 | $7,470 | $2,790 | $4,680 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/06/2025 09/06/25 | Pending | -- | -- | -- |
| 09/03/2025 09/03/25 | For Sale | $269,900 | 0.0% | $295 / Sq Ft |
| 08/26/2025 08/26/25 | Pending | -- | -- | -- |
| 08/22/2025 08/22/25 | Price Changed | $269,900 | -3.6% | $295 / Sq Ft |
| 08/05/2025 08/05/25 | Price Changed | $279,900 | -1.8% | $306 / Sq Ft |
| 07/14/2025 07/14/25 | Price Changed | $284,900 | -1.8% | $311 / Sq Ft |
| 06/10/2025 06/10/25 | For Sale | $290,000 | -- | $317 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $132,000 | Abstract & Title Co Mesa Inc | |
| Warranty Deed | -- | -- | |
| Guardian Deed | $80,000 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Warranty Deed | $85,000 | First American Title Co | |
| Interfamily Deed Transfer | -- | First American Title | |
| Deed | -- | -- | |
| Deed | $65,500 | -- | |
| Deed | -- | -- | |
| Deed | $36,900 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $98,800 | Purchase Money Mortgage | |
| Previous Owner | $63,750 | No Value Available | |
| Previous Owner | $5,000 | Unknown | |
| Previous Owner | $66,750 | No Value Available |
Source: Grand Junction Area REALTOR® Association
MLS Number: 20252716
APN: 2945-123-22-002
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