NOT LISTED FOR SALE

2516 Madison Ave Grand Junction, CO 81505

North Grand Junction Neighborhood

Estimated Value: $492,700 - $507,000

3 Beds
2 Baths
1,676 Sq Ft
$297/Sq Ft Est. Value

Last Sold July 20, 2023

Last sale price $474,500 $283 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,784/month

32 Days on Market

Highlights

  • Ranch Style House
  • Picket Fence
  • Laundry in Mud Room
  • Formal Dining Room
  • 3 Car Attached Garage
  • Walk-In Closet

About This Home

As of July 2023

Beautiful light and bright one level home in North Grand Junction's desirable neighborhood Colonial Heights Subdivision. Centrally located within minutes to WCCC, CMU and Community Hospital. Inside you will find a large kitchen with an abundance of storage and plenty of countertop space including a raised bar for entertaining. Split bedroom floor plan with a 5 piece Master Bathroom that includes his and her sinks. This home has refrigerated air conditioning throughout to keep cool in the summer. Outside you find a large concrete patio with room for a grill and your table and chairs, storage shed, mature landscaping, timed sprinklers and irrigation water provided through the HOA.

Last Agent to Sell the Property

Janell Gear

GEAR & ASSOCIATES REALTY/MB License #FA100015314 Listed on: 05/24/2023

Last Buyer's Agent

Sean Andrews

ICONIC COLORADO PROPERTIES, LLC License #EA100053458

ICONIC COLORADO PROPERTIES, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,125

Year Built

  • Built in 2003

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 90 x 71 x 90 x 71
  • Picket Fence
  • Property is Fully Fenced
  • Privacy Fence
  • Landscaped
  • Sprinkler System
  • Property is zoned RSF

HOA Fees

  • $10 Monthly HOA Fees

Home Design

  • Ranch Style House
  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Roof
  • Stucco Exterior

Interior Spaces

  • 1,676 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Formal Dining Room

Kitchen

  • Breakfast Bar
  • Electric Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Bathrooms
  • Garden Bath

Laundry

  • Laundry in Mud Room
  • Laundry on main level
  • Dryer
  • Washer

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Open Patio
  • Shed

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System
  • Programmable Thermostat

Community Details

Listing and Financial Details

  • Assessor Parcel Number 2945-032-90-018
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,125

Year Built

Built in 2003

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Estimated Irrigation Acres: 0.15
  • Estimated Main Sq Ft: 1676
  • Bathroom Level: M-Main Level
  • Bedroom 2 Conforming: Yes
  • Bedroom 2 Level: Main
  • Bedroom 2 Size: 18 x 12
  • Bedroom 3 Conforming: Yes
  • Bedroom 3 Level: Main
  • Bedroom 3 Size: 14 x 12
  • Construction: Wood Frame
  • Current Use: Residential
  • Dining Rm Lvl: Main
  • Dining Rm Size: 16.5 x 9
  • Dining Rm Type: Formal
  • Elevation: 4586
  • Exterior Features: Shed, Sprinklers
  • Fronts: S
  • Gas Company: Xcel
  • Heating Type: Forced Air, Natural Gas
  • How Built: Site Built
  • Irrigation Description: HOA
  • Irrig District: HOA
  • Irrig Water: Yes
  • Kitchen Lvl: Main
  • Laundry Rm Location: Mud Room
  • Laundry Rm Lvl: Main
  • Laundry Rm Size: 10 x 7.5
  • Living Rm Lvl: Main
  • Living Rm Size: 17.5 x 12
  • Lot Dimensions: 90 x 71 x 90 x 71
  • Lvt Date: 05/24/2023
  • Master Bdrm Conforming: Yes
  • Master Bdrm Lvl: Main
  • Master Bdrm Size: 15 x 14
  • Bedrooms: 3
  • Patio Deck: Patio-Open
  • Property Type: Residential
  • Real Estate Incl: Yes
  • Sewer: Sewer Installed
  • Sewer Company: City Of Gj
  • Street Desc Access: City/Town, Private
  • Style: Ranch
  • Taxes: 2125.01
  • Tax Year: 2023
  • Total Acres: 0.15
  • Total Apx Sq Ft: 1676
  • Type: Single Family
  • Water: City Water
  • Zoning: RSF
  • Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Kitchen Size: 16.5 x 11
  • Bathroom Description: 1 5 piece and 1 Full
  • Appliances: Dishwasher, Dryer, Electric Range Oven, Garbage Disposal, Microwave Built-In, Refrigerator, Washer
  • Basement Foundation: Slab
  • Eating Space: Counterseating
  • Fireplace: Insert(s)
  • Floor: Carpet, Laminate, Tile
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Garden Tub, Walk-In Closet(s), Window Coverings, Pantry
  • Bathrooms: 2

Exterior Features

  • Fence: Full, Picket, Privacy
  • Landscaping: Landscape All, Sprinklers All
  • Exterior Siding: Stucco
  • Roof: Asphalt Composition

Garage/Parking

  • Garage Type: Attached Garage
  • Garage Capacity: 3

Utilities

  • Cooling Type: Refrigerated Central Air
  • Electric Company: Xcel
  • Water Company: Ute

Green Features

  • Energy Features: Programmable Thermostat

Lot Info

  • Lot Description: 0' - 75' Frontage
  • Lot Size: A: 0-0.24
  • Parcel Number: 2945-032-90-018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2021
Sold by
Wiedel Willis Thomas
Bought by
Six Double U Llc
Current Estimated Value
$497,675

Purchase Details

Listed on
May 17, 2021
Closed on
May 17, 2021
Sold by
Shaffer Matthew and Shaffer Sarah
Bought by
Wiedel Willis Thomas and Wiedel Anita Clare
Seller's Agent
MATTHEW SHAFFER
SHAFFER REAL ESTATE CO
Buyer's Agent
Janell Gear
GEAR & ASSOCIATES REALTY/MB
List Price
$400,000
Sold Price
$400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%

Purchase Details

Listed on
May 5, 2019
Closed on
Jul 29, 2019
Sold by
Smith Elisa M
Bought by
Shaffer Matthew and Benton Sarah
Seller's Agent
Lynn Gillespie
RE/MAX 4000, INC
Buyer's Agent
McCade McDonald
UNITED COUNTRY REAL COLORADO PROPERTIES
List Price
$317,500
Sold Price
$317,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.69%
Original Mortgage
$253,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 29, 2014
Closed on
Jul 31, 2015
Sold by
Conner David and Conner Carrieann
Bought by
Smith Elisa M
Seller's Agent
Danny Kuta
RE/MAX 4000, INC
List Price
$259,500
Sold Price
$253,500
Premium/Discount to List
-$6,000
-2.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$195,500
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2004
Sold by
Tp Construction Inc
Bought by
Conner David and Conner Carrieann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,900
Interest Rate
5.79%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 9, 2003
Sold by
Tp Construction Inc
Bought by
Taets Michael T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Six Double U Llc -- None Available
Wiedel Willis Thomas -- None Available
Wiedel Willis Thomas $400,000 Land Title Guarantee Co
Shaffer Matthew $317,500 Land Title Guarantee
Smith Elisa M $253,500 Land Title Guarantee Company
Conner David $181,032 --
Taets Michael T $47,999 Meridian Land Title Llc
Tp Construction Inc $47,999 Meridian Land Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shaffer Matthew $253,000
Previous Owner Smith Elisa M $195,500
Previous Owner Conner David $162,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/20/2023 07/20/23 Sold $474,500 0.0% $283 / Sq Ft
06/25/2023 06/25/23 Pending -- -- --
06/20/2023 06/20/23 Price Changed $474,500 -3.1% $283 / Sq Ft
05/24/2023 05/24/23 For Sale $489,500 +22.4% $292 / Sq Ft
05/17/2021 05/17/21 Sold $400,000 0.0% $239 / Sq Ft View Prior Sale
05/17/2021 05/17/21 For Sale $400,000 +26.0% $239 / Sq Ft
04/13/2021 04/13/21 Pending -- -- --
07/29/2019 07/29/19 Sold $317,500 0.0% $189 / Sq Ft View Prior Sale
06/12/2019 06/12/19 Pending -- -- --
06/07/2019 06/07/19 For Sale $317,500 0.0% $189 / Sq Ft
05/31/2019 05/31/19 Pending -- -- --
05/05/2019 05/05/19 For Sale $317,500 +25.2% $189 / Sq Ft
07/31/2015 07/31/15 Sold $253,500 -2.3% $151 / Sq Ft View Prior Sale
05/04/2015 05/04/15 Pending -- -- --
11/29/2014 11/29/14 For Sale $259,500 -- $155 / Sq Ft
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 $1,749 $24,740 $5,540 $19,200
2023 $1,749 $24,740 $5,540 $19,200
2022 $1,571 $21,800 $5,910 $15,890
2021 $1,577 $22,430 $6,080 $16,350
2020 $1,422 $20,700 $5,180 $15,520
2019 $1,345 $20,700 $5,180 $15,520
2018 $1,332 $18,690 $4,680 $14,010
2017 $1,207 $18,690 $4,680 $14,010
2016 $1,207 $19,090 $4,780 $14,310
2015 $1,223 $19,090 $4,780 $14,310
2014 -- $17,430 $4,780 $12,650
Source: Public Records

Agents Affiliated with this Home

  • Janell Gear

    Seller's Agent in 2023

    Janell Gear

    GEAR & ASSOCIATES REALTY/MB

    (970) 589-0002

    37 in this area

    165 Total Sales

    Janell Gear
    Section Image

  • S

    Buyer's Agent in 2023

    Sean Andrews

    ICONIC COLORADO PROPERTIES, LLC

    Section Image

  • M

    Seller's Agent in 2021

    MATTHEW SHAFFER

    SHAFFER REAL ESTATE CO

    Section Image
  • Lynn Gillespie

    Seller's Agent in 2019

    Lynn Gillespie

    RE/MAX

    (970) 260-1587

    32 in this area

    168 Total Sales

    Lynn Gillespie
    Section Image
  • McCade McDonald

    Buyer's Agent in 2019

    McCade McDonald

    UNITED COUNTRY REAL COLORADO PROPERTIES

    (970) 200-5009

    4 in this area

    23 Total Sales

    McCade McDonald
    Section Image
  • Danny Kuta

    Seller's Agent in 2015

    Danny Kuta

    RE/MAX

    (970) 250-3844

    114 in this area

    336 Total Sales

    Danny Kuta
    Section Image
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Map

Source: Grand Junction Area REALTOR® Association

MLS Number: 20232179

Grand Junction Area REALTOR® Association

APN: 2945-032-90-018

Colorado Mesa County Grand Junction 81505 North Grand Junction

2516 Madison Ave, Grand Junction, CO

Not Listed for Sale

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