NOT LISTED FOR SALE

2518 Madison Ave Grand Junction, CO 81505

North Grand Junction Neighborhood

Estimated Value: $452,747 - $504,000

4 Beds
2 Baths
1,663 Sq Ft
$293/Sq Ft Est. Value

Last Sold August 15, 2012

Last sale price $217,000 $130 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $2,693/month

629 Days on Market

Highlights

  • Ranch Style House
  • Living Room
  • Tile Flooring
  • 3 Car Attached Garage
  • Shed
  • Forced Air Heating System

About This Home

As of August 2012

Gorgeous full stucco 4 bedroom home. Split bedroom design, master bath has separate tub & shower. Large bedrooms, 4th bedroom could be office/den. Upgraded cabinets & tile floors. Light & bright. Fenced & landscaped yard w/water feature, shed, small garden area. 3 car garage. Built by Hunter Construction.

Last Agent to Sell the Property

Julie Olmsted

COLUMBINE REALTY & PROPERTY MANAGEMENT License #FA40046446 Listed on: 10/24/2010

Last Buyer's Agent

Linda Kramer

RE/MAX 4000, INC License #FA711335

RE/MAX 4000, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,320

Year Built

  • 2004

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 71x90
  • Privacy Fence
  • Sprinkler System
  • Property is zoned RSF

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,663 Sq Ft Home
  • Window Treatments
  • Living Room
  • Dining Room
  • Laundry on main level

Kitchen

  • Electric Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Shed

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,320

Year Built

2004

Lot Details

0

HOA Fees

$13 per month

Listing Details

  • 3 Phase: Unknown
  • Estimated Irrigation Acres: 0.15
  • Estimated Main Sq Ft: 1663
  • Bedroom 2 Conforming: Yes
  • Bedroom 2 Level: Main
  • Bedroom 2 Size: 12X11
  • Bedroom 3 Conforming: Yes
  • Bedroom 3 Level: Main
  • Bedroom 3 Size: 12X11
  • Bedroom 4 Conforming: Yes
  • Bedroom 4 Level: Main
  • Bedroom 4 Size: 12X11
  • Construction: Wood Frame
  • Current Use: Residential
  • Dining Rm Lvl: Main
  • Dining Rm Size: 14X10
  • Elevation: 4500
  • 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 Lvl: Main
  • Laundry Rm Size: 6X5
  • Living Rm Lvl: Main
  • Living Rm Size: 15.5X15
  • Lot Dimensions: 71x90
  • Master Bdrm Conforming: Yes
  • Master Bdrm Lvl: Main
  • Master Bdrm Size: 15X13
  • Bedrooms: 4
  • Property Type: Residential
  • Real Estate Incl: Yes
  • Sewer: Sewer Available
  • Sewer Company: City Of Gj
  • Street Desc Access: City/Town, Paved
  • Style: Ranch
  • Taxes: 1319.62
  • Tax Year: 2010
  • Total Acres: 0.15
  • Total Apx Sq Ft: 1663
  • Type: Single Family
  • Zoning: RSF
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Kitchen Size: 12X8
  • Bathroom Description: 2-FULL
  • Appliances: Dishwasher, Electric Range Oven, Garbage Disposal, Refrigerator
  • Basement Foundation: Slab
  • Floor: Carpet, Tile
  • Interior Amenities: Window Coverings
  • Bathrooms: 2

Exterior Features

  • Fence: Privacy
  • 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

Lot Info

  • Lot Size: A: 0-0.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2010
Closed on
Aug 15, 2012
Sold by
Nieman Douglas and Nieman Valerie
Bought by
Laino Bruce Jackson and Laino Shirley Reed
Seller's Agent
Julie Olmsted
COLUMBINE REALTY & PROPERTY MANAGEMENT
Buyer's Agent
Linda Kramer
RE/MAX 4000, INC
List Price
$264,000
Sold Price
$217,000
Premium/Discount to List
-$47,000
-17.8%
Current Estimated Value
$487,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,437
Avg. Annual Appreciation
6.28%
Original Mortgage
$115,000
Outstanding Balance
$79,517
Interest Rate
3.63%
Mortgage Type
New Conventional
Estimated Equity
$407,920

Purchase Details

Closed on
Oct 22, 2010
Sold by
Birch Aaron Glayde and Birch Brooke H
Bought by
Nieman Douglas and Nieman Valerie

Purchase Details

Closed on
Jul 21, 2006
Sold by
Myers William R and Myers Joni L
Bought by
Birch Aaron Glayde and Birch Brooke H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2005
Sold by
Mountain Top Investments Inc
Bought by
Myers William R and Myers Joni L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,920
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2003
Sold by
Tp Construction Inc
Bought by
Taets Michael T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.23%
Mortgage Type
Construction

Purchase Details

Closed on
May 9, 2003
Sold by
Sonshine Ii Construction & Development L
Bought by
Tp Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.23%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Laino Bruce Jackson $217,000 Land Title Guarantee Company
Nieman Douglas $261,000 Land Title Guarantee Company
Birch Aaron Glayde $255,000 Abstract & Title Company Of
Myers William R $219,900 Abstract & Title Company Of
Taets Michael T -- --
Tp Construction Inc $47,999 Meridian Land Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laino Bruce Jackson $115,000
Previous Owner Birch Aaron Glayde $204,000
Previous Owner Myers William R $175,920
Previous Owner Taets Michael T $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2012 08/15/12 Sold $217,000 -17.8% $130 / Sq Ft
07/14/2012 07/14/12 Pending -- -- --
10/24/2010 10/24/10 For Sale $264,000 -- $159 / 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 $1,256 $24,460 $5,530 $18,930
2023 $1,256 $24,460 $5,530 $18,930
2022 $1,550 $21,500 $5,910 $15,590
2021 $1,555 $22,120 $6,080 $16,040
2020 $1,402 $20,400 $5,180 $15,220
2019 $1,325 $20,400 $5,180 $15,220
2018 $1,312 $18,410 $4,680 $13,730
2017 $1,307 $18,410 $4,680 $13,730
2016 $1,187 $18,780 $4,780 $14,000
2015 $1,203 $18,780 $4,780 $14,000
2014 $1,091 $17,160 $4,780 $12,380
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2012

    Julie Olmsted

    COLUMBINE REALTY & PROPERTY MANAGEMENT

    (970) 985-5160

    3 in this area

    18 Total Sales

    Julie Olmsted
    Section Image
  • Linda Kramer

    Buyer's Agent in 2012

    Linda Kramer

    RE/MAX

    (970) 216-3762

    193 in this area

    292 Total Sales

    Linda Kramer
    Section Image
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Map

Source: Grand Junction Area REALTOR® Association

MLS Number: 651547

Grand Junction Area REALTOR® Association

APN: 2945-032-90-019

Colorado Mesa County Grand Junction 81505 North Grand Junction

2518 Madison Ave, Grand Junction, CO

Not Listed for Sale

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