1603 Elm Ave Grand Junction, CO 81501
Downtown Grand Junction Neighborhood
2
Beds
1
Bath
1,146
Sq Ft
8,712
Sq Ft Lot
Highlights
- Ranch Style House
- Corner Lot
- Eat-In Kitchen
- Wood Flooring
- Laundry in Mud Room
- Living Room
About This Home
As of July 2025Welcome 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 Agent to Sell the Property
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 30, 2025
Closed on
Jul 1, 2025
Sold by
Cook Katrina E
Bought by
Lampedusa Michelle and Lampedusa Michael
Seller's Agent
JUSTIN WEBBER II THE KIMBROUGH TEAM
COLDWELL BANKER DISTINCTIVE PROPERTIES
Buyer's Agent
Donna Jennings
HOMESMART
List Price
$321,000
Sold Price
$317,000
Premium/Discount to List
-$4,000
-1.25%
Views
14
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-34.45%
Original Mortgage
$285,300
Outstanding Balance
$285,300
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$25,076
Purchase Details
Closed on
Oct 29, 2010
Sold by
Sand Eagle Ventures Llc
Bought by
Cook Katrina E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,958
Interest Rate
4.5%
Mortgage Type
FHA
Purchase Details
Closed on
Aug 27, 2004
Sold by
Bennett Michael C and Bennett Beverly J
Bought by
Black Rick D and Black Pamela K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,920
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 5, 2001
Sold by
Dubas Kathleen M
Bought by
Bennett Michael C and Bennett Beverly J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
6.71%
Purchase Details
Closed on
Feb 28, 1997
Sold by
Allyn Stacie
Bought by
Dubas Kathleen M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,750
Interest Rate
7.92%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 11, 1993
Sold by
Simons Kenneth V
Bought by
Cook Katrina E
Purchase Details
Closed on
Jul 25, 1991
Sold by
Phillips Garland O
Bought by
Cook Katrina E
Purchase Details
Closed on
Oct 26, 1990
Sold by
Hicks Elmer W
Bought by
Cook Katrina E
Similar Homes in Grand Junction, CO
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $317,000 | Land Title Guarantee | |
| 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 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $285,300 | New Conventional | |
| Previous Owner | $26,773 | New Conventional | |
| Previous Owner | $10,063 | FHA | |
| Previous Owner | $116,958 | FHA | |
| Previous Owner | $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 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/19/2025 07/19/25 | For Rent | $2,100 | 0.0% | -- |
| 07/01/2025 07/01/25 | Sold | $317,000 | -1.2% | $277 / Sq Ft |
| 06/04/2025 06/04/25 | Pending | -- | -- | -- |
| 05/30/2025 05/30/25 | For Sale | $321,000 | -- | $280 / Sq Ft |
Source: Grand Junction Area REALTOR® Association
Tax History Compared to Growth
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 |
Source: Public Records
Agents Affiliated with this Home
-
JUSTIN WEBBER II THE KIMBROUGH TEAM
Seller's Agent in 2025
JUSTIN WEBBER II THE KIMBROUGH TEAM
COLDWELL BANKER DISTINCTIVE PROPERTIES
(970) 241-4000
2 in this area
22 Total Sales
-
Donna Jennings
Buyer's Agent in 2025
Donna Jennings
HOMESMART
(970) 261-4270
12 in this area
100 Total Sales
Map
Source: Grand Junction Area REALTOR® Association
MLS Number: 20252527
APN: 2945-123-24-001
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