
1603 Elm Ave Grand Junction, CO 81501
Downtown Grand Junction NeighborhoodEstimated payment $1,900/month
Highlights
- Ranch Style House
- Corner Lot
- Eat-In Kitchen
- Wood Flooring
- Laundry in Mud Room
- Living Room
About This Home
Welcome to this classic 2-bedroom, 1-bathroom bungalow nestled just three blocks from Colorado Mesa University! Sitting proudly on a spacious corner lot, this 1938 built home is full of character, charm, and exciting potential. Step inside to find vintage touches like original hardwood floors, arched doorways, and a cozy living space flooded with natural light. The layout is functional and inviting, with both bedrooms offering privacy and comfort. The real opportunity lies outside; with alley access and ample space, this lot is zoned for potential development—perfect for adding a second dwelling, guest house, or income-generating unit (buyer to verify). Whether you’re a first-time buyer, an investor, or looking to live close to campus, this home checks all the right boxes: historic charm, unbeatable location, and room to grow. Don’t miss your chance to own a slice of Grand Junction history with built-in upside!
Last Listed By
JUSTIN WEBBER II THE KIMBROUGH TEAM
COLDWELL BANKER DISTINCTIVE PROPERTIES Brokerage Phone: 970-243-0456 License #FA100097404 Listed on: 05/30/2025

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,172
Year Built
- Built in 1938
Lot Details
- 8,712 Sq Ft Lot
- Lot Dimensions are 57' x 150'
- Chain Link Fence
- Landscaped
- Corner Lot
- Sprinkler System
- Property is zoned RM-12
Home Design
- Ranch Style House
- Wood Frame Construction
- Asphalt Roof
- Wood Siding
Interior Spaces
- Ceiling Fan
- Window Treatments
- Living Room
- Dining Room
- Wood Flooring
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Microwave
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Laundry
- Laundry in Mud Room
- Laundry on main level
- Washer and Dryer Hookup
Basement
- Partial Basement
- Block Basement Construction
Outdoor Features
- Shed
Schools
- Orchard Avenue Elementary School
- West Middle School
- Grand Junction High School
Utilities
- Window Unit Cooling System
- Forced Air Heating System
- Septic Design Installed
Community Details
- Park Place Hts Subdivision
Listing and Financial Details
- Assessor Parcel Number 2945-123-24-001
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 | $864 | $12,220 | $4,380 | $7,840 |
2023 | $864 | $12,220 | $4,380 | $7,840 |
2022 | $765 | $10,610 | $3,820 | $6,790 |
2021 | $767 | $10,910 | $3,930 | $6,980 |
2020 | $715 | $10,410 | $3,580 | $6,830 |
2019 | $676 | $10,410 | $3,580 | $6,830 |
2018 | $672 | $9,500 | $3,240 | $6,260 |
2017 | $670 | $9,500 | $3,240 | $6,260 |
2016 | $533 | $8,490 | $3,380 | $5,110 |
2015 | $539 | $8,490 | $3,380 | $5,110 |
2014 | $470 | $7,460 | $2,790 | $4,670 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/30/2025 05/30/25 | For Sale | $321,000 | -- | $280 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $120,000 | Heritage Title | |
Warranty Deed | $119,900 | Stewart Title | |
Warranty Deed | $79,000 | -- | |
Warranty Deed | $71,000 | -- | |
Deed | $51,500 | -- | |
Deed | $42,100 | -- | |
Deed | $25,000 | -- |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $26,773 | New Conventional | |
Closed | $10,063 | FHA | |
Open | $116,958 | FHA | |
Closed | $3,233 | Stand Alone Second | |
Previous Owner | $33,939 | Unknown | |
Previous Owner | $95,920 | Purchase Money Mortgage | |
Previous Owner | $57,000 | No Value Available | |
Previous Owner | $70,750 | FHA | |
Closed | $23,980 | No Value Available |
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Source: Grand Junction Area REALTOR® Association
MLS Number: 20252527

APN: 2945-123-24-001
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