NOT LISTED FOR SALE

2878 Orchard Ave Grand Junction, CO 81501

Downtown Grand Junction Neighborhood

Estimated Value: $387,000 - $425,455

7 Beds
5 Baths
3,728 Sq Ft
$109/Sq Ft Est. Value

Last Sold December 14, 2021

Last sale price $330,000 $89 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $2,303/month

Highlights

  • 0.95 Acre Lot
  • Covered Patio or Porch
  • Landscaped
  • Wood Flooring
  • 1 Irrigated Acre
  • Forced Air Heating System

About This Home

As of December 2021

DUPLEX & TRIPLEX! This is a unique property with so much potential! The house (duplex) retains much of its original character and quirky flow. Each unit in the duplex has two bedrooms and one bathroom. The massive lot is a lovely mix of large trees, lawns, garden areas and multiple fruit trees. The triplex is not currently livable. Roll up your sleeves and get ready to create some great sweat equity and cashflow! Each unit has one bedroom, one bath and a kitchen. Be sure to ask your agent to download the property notes. Zoned for additional units. First round of offers will be collected through Monday, November 29th and reviewed on Tuesday, November 30th. Seller reserves the right to accept an offer earlier.

Last Agent to Sell the Property

Teri Styer

REJUVENATION HOMES License #ER100068468 Listed on: 11/23/2021

Last Buyer's Agent

Teri Styer

REJUVENATION HOMES License #ER100068468 Listed on: 11/23/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,526

Year Built

  • Built in 1908

Lot Details

  • 0.95 Acre Lot
  • Landscaped
  • Sprinkler System

Home Design

  • Wood Frame Construction
  • Asphalt Roof
  • Wood Siding

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Gravity Heating System

Additional Features

  • 2-Story Property
  • Covered Patio or Porch
  • 1 Irrigated Acre
  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 2943-071-00-030

Community Details

Overview

  • 5 Units
  • 3,728 Sq Ft Building

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,526

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Estimated Irrigation Acres: 0.95
  • Construction: Wood Frame
  • Current Use: Residential
  • Elevation: 5054
  • Fronts: s
  • Gas Company: Xcel
  • Heating Type: Forced Air, Gravity
  • How Built: Site Built
  • Irrig District: Grand Valley Irr.
  • Irrig Water: Yes
  • Lot Dimensions: Apx. 230FT x 225FT
  • Lvt Date: 11/23/2021
  • Patio Deck: Patio-Covered, Patio-Open
  • Property Type: Multi-Family
  • Real Estate Incl: Yes
  • Sewer: Sewer Installed
  • Sewer Company: City Of Gj
  • Street Desc Access: Gravel, Shared Drive
  • Style: 2 Story
  • Taxes: 1525.96
  • Tax Year: 2021
  • Total Acres: 0.95
  • Water: City Water
  • Zoning: RMF-8
  • Total Building Sq Ft: 3728
  • Design: Two Buildings
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Number Bedrooms: 7
  • Appliances: Dryer-Some, Gas Range/Oven-Some, Refrigerator-Some, Washer-Some
  • Basement Foundation: Unfinished
  • Floor: Carpet, Vinyl, Wood
  • Bathrooms: 5
  • Price Per Sq Ft: 88.52
  • Fireplaces: Fireplace(s)-None

Exterior Features

  • Landscaping: Landscaped Back, Landscaped Front, Sprinklers All
  • Exterior Siding: Wood
  • Roof: Asphalt Composition

Utilities

  • Cooling Type: Window Unit(s)
  • Electric Company: Xcel Energy
  • Water Company: Ute Water
  • Laundry: Laundry Available On Site

Schools

  • Elementary School: Nisley
  • Middle School: Bookcliff
  • High School: Central

Lot Info

  • Lot Size: C: 0.5-0.99
  • Parcel Number: 2943-071-00-030

Multi Family

  • Total Number Units: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2024
Sold by
Taylor Dan
Bought by
Taylor Family Trust
Current Estimated Value
$406,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Outstanding Balance
$482,407
Interest Rate
5.9%
Mortgage Type
Balloon
Estimated Equity
-$75,793

Purchase Details

Listed on
Nov 23, 2021
Closed on
Dec 14, 2021
Sold by
Raff Bryce Elaine and Estate Of Donna Roscio
Bought by
Taylor Family Trust
Seller's Agent
Teri Styer
REJUVENATION HOMES
Buyer's Agent
Teri Styer
REJUVENATION HOMES
List Price
$399,900
Sold Price
$330,000
Premium/Discount to List
-$69,900
-17.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%

Purchase Details

Closed on
Apr 4, 2019
Sold by
Roscio Donna
Bought by
Mesa County

Purchase Details

Closed on
May 25, 2005
Sold by
Raff Bryce
Bought by
Roscio Donna

Purchase Details

Closed on
Oct 10, 1994
Sold by
Crandall Opal
Bought by
Roscio Donna

Purchase Details

Closed on
Sep 28, 1972
Sold by
Crandall Opal
Bought by
Roscio Donna
Source: Public Records

Range of Values:

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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
Taylor Family Trust -- Fidelity National Title
Taylor Dan -- Fidelity National Title
Taylor Family Trust $330,000 Fidelity National Title
Mesa County -- None Available
Mesa County -- None Available
Roscio Donna -- --
Roscio Donna -- --
Roscio Donna -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Dan $516,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2021 12/14/21 Sold $330,000 -17.5% $89 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
11/23/2021 11/23/21 For Sale $399,900 -- $107 / 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 $1,780 $29,430 $5,950 $23,480
2023 $1,780 $24,600 $5,830 $18,770
2022 $1,602 $21,720 $4,520 $17,200
2021 $1,561 $22,340 $4,650 $17,690
2020 $1,437 $21,040 $4,650 $16,390
2019 $1,308 $21,040 $4,650 $16,390
2018 $1,099 $15,880 $4,680 $11,200
2017 $922 $15,880 $4,680 $11,200
2016 $922 $15,070 $5,170 $9,900
2015 $928 $15,070 $5,170 $9,900
2014 $1,061 $17,260 $3,580 $13,680
Source: Public Records

Agents Affiliated with this Home

  • Teri Styer

    Seller's Agent in 2021

    Teri Styer

    REJUVENATION HOMES

    (970) 270-0805

    23 in this area

    74 Total Sales

    Teri Styer
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Map

Source: Grand Junction Area REALTOR® Association

MLS Number: 20216087

Grand Junction Area REALTOR® Association

APN: 2943-071-00-030

Colorado Mesa County Grand Junction 81501 Downtown Grand Junction

2878 Orchard Ave, Grand Junction, CO

This home is located at 2878 Orchard Ave, Grand Junction, CO 81501 since 23 November 2021 and is currently estimated at $406,614, approximately $109 per square foot. This property was built in 1908. 2878 Orchard Ave is a home located in Mesa County with nearby schools including Nisley Elementary School, Bookcliff Middle School, and Central High School.

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.

Grand Junction Area REALTOR® Association 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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