THE JOE REED TEAM
REED REAL ESTATE GROUP, LLC
(970) 822-0290
328 Total Sales
4 in Palisade
$225K - $448K Price Range
239 W 5th St Palisade, CO 81526
Palisade Area
4
Beds
3
Baths
2,784
Sq Ft
7,100
Sq Ft Lot
Highlights
- RV Access or Parking
- Ranch Style House
- Mud Room
- Deck
- Wood Flooring
- Quartz Countertops
About This Home
As of July 2026Welcome to a beautifully reimagined home where vintage charm meets modern luxury in Palisade’s highly sought-after downtown district. Completely remodeled down to the studs, this exceptional property features a three-bedroom, two-bath main residence along with a fully equipped one-bedroom, one-bath and kitchenette ADU—perfect for guests, rental income, or multigenerational living. Inside, you'll find stunning updates throughout, including quartz countertops, real hardwood floors, and a cozy wood-burning fireplace. Original brick accents have been thoughtfully preserved, adding character and warmth while blending seamlessly with the home's contemporary finishes. Outside, the property offers plenty of space and versatility with a large carport that accommodates a vehicle and recreational toys, plus additional RV parking. A spacious storage shed provides excellent potential for a workshop, hobby space, or extra storage. Enjoy outdoor living year-round on the covered patio, perfect for relaxing, entertaining, or taking in Palisade’s beautiful surroundings. Enjoy the best of downtown Palisade living in a home that offers timeless appeal, modern convenience, and flexible living options all in one remarkable property. Views of the Bookcliffs, Mount Garfield and walking distance to so much Palisade has to offer this is not one to miss!
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,969
Year Built
- Built in 1904
Lot Details
- Picket Fence
- Chain Link Fence
- Landscaped
- Sprinkler System
- Raised Garden Beds
Home Design
- Ranch Style House
- Stem Wall Foundation
- Wood Frame Construction
- Asphalt Roof
- Wood Siding
Interior Spaces
- Wood Burning Fireplace
- Window Treatments
- Mud Room
- Living Room
- Dining Room
- Workshop
Kitchen
- Kitchenette
- Eat-In Kitchen
- Gas Oven or Range
- Range Hood
- Microwave
- Dishwasher
- Quartz Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 3 Bathrooms
- Garden Bath
- Walk-in Shower
Laundry
- Laundry in Mud Room
- Laundry on main level
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Apartment Living Space in Basement
Parking
- 2 Car Garage
- Carport
- RV Access or Parking
Outdoor Features
- Deck
- Covered Patio or Porch
- Separate Outdoor Workshop
- Outbuilding
Schools
- Taylor Elementary School
- Mt Garfield Middle School
- Palisade High School
Utilities
- Refrigerated Cooling System
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 2937-093-28-003
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 28, 2024
Closed on
Jun 25, 2024
Sold by
Big Dog Builders Llc
Bought by
Seller's Agent
Karina Parenteau
HUMMEL REAL ESTATE
Buyer's Agent
Karina Parenteau
HUMMEL REAL ESTATE
List Price
$839,000
Sold Price
$815,000
Premium/Discount to List
-$24,000
-2.86%
Views
11
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.93%
Original Mortgage
$733,500
Outstanding Balance
$718,117
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$150,110
Purchase Details
Listed on
Nov 15, 2023
Closed on
Feb 2, 2024
Sold by
Browe Donald and Freed Jennifer
Bought by
Big Dog Builders Llc
Seller's Agent
Karina Parenteau
HUMMEL REAL ESTATE
Buyer's Agent
Karina Parenteau
HUMMEL REAL ESTATE
List Price
$525,000
Sold Price
$459,000
Premium/Discount to List
-$66,000
-12.57%
Views
113
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
335.86%
Original Mortgage
$622,098
Interest Rate
6.61%
Mortgage Type
Construction
Purchase Details
Closed on
Mar 14, 2014
Sold by
Rajewich David V and Rajewich Helen J
Bought by
Browe Donald and Freed Jenifer
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,500
Interest Rate
12%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Feb 25, 2011
Sold by
Rajewich David V
Bought by
Rajewich David and Rajewich Helen J
Purchase Details
Closed on
Feb 18, 2011
Sold by
Granat Roy Alan
Bought by
Rajewich David
Purchase Details
Closed on
Mar 20, 1995
Sold by
Granat Roger L
Bought by
Freed Jennifer
Purchase Details
Closed on
Sep 29, 1970
Sold by
Sroaf Ann L
Bought by
Freed Jennifer
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Palisade, CO
-
THE JOE REED TEAM
-
Julie Adams
Julie Adams
LIFESTYLE LIVING REAL ESTATE, LLC
(970) 986-6208
81 Total Sales
1 in Palisade
$525,127 Price
-
Mandy Rush
Mandy Rush
RE/MAX 4000 Inc.
(970) 628-3694
278 Total Sales
1 in Palisade
$825,000 Price
-
Shannon Sneddon
Shannon Sneddon
RE/MAX 4000, INC
(970) 822-0393
102 Total Sales
2 in Palisade
$85K - $554K Price Range
-
BECKY S. LEE
BECKY S. LEE
B.L. REALTY, INC
(970) 296-5275
70 Total Sales
1 in Palisade
$82,500 Price
-
Richard Harper
Richard Harper
REALTY ONE GROUP PREMIER
(970) 762-2688
74 Total Sales
1 in Palisade
$407,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $815,000 | Fidelity National Title | |
| Special Warranty Deed | $459,000 | Htc | |
| Warranty Deed | $140,000 | Abstract & Title Of Mesa Cou | |
| Interfamily Deed Transfer | -- | Land Title Guarantee Company | |
| Personal Reps Deed | $115,000 | Land Title Guarantee Company | |
| Deed | -- | -- | |
| Deed | $17,500 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $733,500 | New Conventional | |
| Previous Owner | $622,098 | Construction | |
| Previous Owner | $138,500 | Seller Take Back |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/30/2026 07/30/26 | Sold | $895,000 | 0.0% | $321 / Sq Ft | |
| 06/24/2026 06/24/26 | Pending | -- | -- | -- | |
| 06/19/2026 06/19/26 | For Sale | $895,000 | +9.8% | $321 / Sq Ft | |
| 06/25/2024 06/25/24 | Sold | $815,000 | -2.9% | $284 / Sq Ft | View Prior Sale |
| 05/31/2024 05/31/24 | Pending | -- | -- | -- | |
| 05/28/2024 05/28/24 | For Sale | $839,000 | +82.8% | $292 / Sq Ft | |
| 02/02/2024 02/02/24 | Sold | $459,000 | -5.4% | $165 / Sq Ft | View Prior Sale |
| 01/03/2024 01/03/24 | Pending | -- | -- | -- | |
| 12/19/2023 12/19/23 | Price Changed | $485,000 | -5.8% | $174 / Sq Ft | |
| 12/14/2023 12/14/23 | Price Changed | $515,000 | -1.9% | $185 / Sq Ft | |
| 11/15/2023 11/15/23 | For Sale | $525,000 | -- | $189 / Sq Ft |
Source: Grand Junction Area REALTOR® Association
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $2,700 | $27,261 | ||
| 2024 | $2,630 | $33,846 | ||
| 2023 | $2,630 | $25,861 | $3,920 | $21,941 |
| 2022 | $2,555 | $20,486 | $3,920 | $16,566 |
| 2021 | $2,438 | $19,252 | $0 | $0 |
| 2020 | $2,328 | $18,487 | $0 | $0 |
| 2019 | $2,238 | $20,278 | $0 | $0 |
| 2018 | $2,208 | $17,698 | $0 | $0 |
| 2017 | $644 | $5,750 | $0 | $0 |
| 2016 | $588 | $6,400 | $6,400 | $0 |
| 2014 | $632 | $6,400 | $6,400 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Karina Parenteau
Seller's Agent in 2026
Karina Parenteau
HUMMEL REAL ESTATE
(720) 341-2943
84 Total Sales
-
Kelly Maves
Buyer's Agent in 2026
Kelly Maves
NEXTHOME VIRTUAL
(970) 589-7775
70 Total Sales
Map
Source: Grand Junction Area REALTOR® Association
MLS Number: 20262916
APN: 2937-093-28-003
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.
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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