NOT LISTED FOR SALE

1531 High St Grand Junction, CO 81503

Orchard Mesa Neighborhood

Estimated Value: $830,699

3.56 Acres
$233,342 Price per Acre
155,074 Sq Ft Lot

Last Sold February 10, 2021

Last sale price $600,000

Est. 38% increase in value since last sale

Current estimated payment $5,103/month

About This Lot

As of February 2021

This is the Junction of Grand Junction overlooking the Colorado and Gunnison River Confluence. This is the opportunity of a life time. The property has an unobstructed view of the Confluence and goes into the river .CDOT has a permit that may be revised. What a nice way to tie into the River development.......What about retail with condos-restaurant overlooking the Confluence and city - so many possibilities. 5.56 acres C-1 zoning. Co listing agent is the spouse of the property owner.

Last Agent to Sell the Property

Leta Wilburn

RE/MAX 4000, INC License #FA40018896 Listed on: 06/16/2020

RE/MAX 4000, INC

Co-Listed By

Jennifer Van Gundy

THE VAN GUNDY GROUP, INC License #FA100078734

Last Buyer's Agent

Jan Kimbrough Miller

RE/MAX 4000, INC License #FA100013124

RE/MAX 4000, INC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,695

Lot Details

  • Bluff on Lot
  • Property is zoned C-1

Listing and Financial Details

  • Assessor Parcel Number 2945-233-38-001/002

Property Details

Property Type

Land

Est. Annual Taxes

$6,695

Lot Details

0

Listing Details

  • 3 Phase: Unknown
  • Current Use: Commercial
  • Elevation: 4640
  • Gas Company: Xcel
  • Lot Dimensions: Irregular
  • Lvt Date: 06/16/2020
  • Property Type: Land
  • Real Estate Incl: Yes
  • Sewer Company: City Of Gj
  • Street Desc Access: City/Town
  • Taxes: 6695.3
  • Tax Year: 2020
  • Type: Commercial Land
  • Zoning: C-1
  • Curbs Gutters: No Curbs, No Gutters
  • Possible Use: Commercial
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Electric Company: Xcel
  • Water Company: City of GJ

Lot Info

  • Lot Description: Bluff Site
  • Lot Size: G: 5-9.99
  • Parcel Number: 2945-233-38-001/002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2020
Closed on
Feb 10, 2021
Sold by
The Randy D Van Gundy Living Trust
Bought by
1531 High Street Llc
Seller's Agent
Leta Wilburn
RE/MAX 4000, INC
Buyer's Agent
Jan Kimbrough Miller
RE/MAX 4000, INC
List Price
$800,000
Sold Price
$600,000
Premium/Discount to List
-$200,000
-25%
Current Estimated Value
$830,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,699
Avg. Annual Appreciation
7.14%
Original Mortgage
$589,000
Outstanding Balance
$525,881
Interest Rate
2.6%
Mortgage Type
Commercial
Estimated Equity
$304,818

Purchase Details

Closed on
Sep 23, 2020
Sold by
Vangundy Randy Dean
Bought by
Randy D Van Gundy Living Trust

Purchase Details

Closed on
Apr 10, 2015
Sold by
Vangundy Dean H
Bought by
Vangundy Randy Dean
Source: Public Records

Range of Values:

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Average Value
Not Available
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
1531 High Street Llc $600,000 Land Title Guarantee
Randy D Van Gundy Living Trust -- None Available
Vangundy Randy Dean -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1531 High Street Llc $589,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2021 02/10/21 Sold $600,000 -14.3% --
11/08/2020 11/08/20 Pending -- -- --
06/25/2020 06/25/20 Price Changed $700,000 -12.5% --
06/16/2020 06/16/20 For Sale $800,000 -- --
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 $8,955 $127,140 $127,140 --
2023 $8,955 $127,140 $127,140 $0
2022 $6,380 $88,460 $88,100 $360
2021 $6,217 $88,460 $88,100 $360
2020 $8,582 $126,220 $125,860 $360
2019 $8,117 $126,220 $125,860 $360
2018 $6,708 $94,750 $94,390 $360
2017 $6,689 $94,750 $94,390 $360
2016 $8,695 $139,200 $138,440 $760
2015 $8,815 $139,200 $138,440 $760
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Leta Wilburn

    RE/MAX

    (970) 260-2221

    10 in this area

    118 Total Sales

    Leta Wilburn
    Section Image
  • Jennifer Van Gundy

    Seller Co-Listing Agent in 2021

    Jennifer Van Gundy

    THE VAN GUNDY GROUP, INC

    (970) 250-4785

    6 in this area

    46 Total Sales

    Jennifer Van Gundy
    Section Image
  • Jan Kimbrough Miller

    Buyer's Agent in 2021

    Jan Kimbrough Miller

    RE/MAX

    (970) 250-6781

    58 in this area

    457 Total Sales

    Jan Kimbrough Miller
    Section Image
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Map

Source: Grand Junction Area REALTOR® Association

MLS Number: 20202892

Grand Junction Area REALTOR® Association

APN: 2945-233-38-001

Colorado Mesa County Grand Junction 81503 Orchard Mesa

1531 High St, Grand Junction, CO

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