NOT LISTED FOR SALE

348 Shadow Lake Rd Grand Junction, CO 81507

Redlands Neighborhood

Estimated Value: $828,000 - $1,038,000

3 Beds
4 Baths
2,562 Sq Ft
$373/Sq Ft Est. Value

Last Sold July 31, 2020

Last sale price $560,000 $219 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $5,340/month

Highlights

  • Lake Front
  • On Golf Course
  • Living Room with Fireplace
  • Scenic Elementary School Rated 9+
  • Pond
  • Vaulted Ceiling

About This Home

As of July 2020

Elegant, high-quality, custom-designed home, conveniently located with Exceptional Views, located in the Redlands Mesa Golf Course community. Convenient layout with Master on the main level, along with office/conforming bedroom & 3 more bedrooms which each includes there own bathrooms. Upstairs bonus room with Awesome views of the lake includes 3/4 bath, wet bar/kitchenette. With outdoor enjoyment in mind, outdoor grill/bar, large private patio to enjoy the beauty of the surrounding open space.

Last Agent to Sell the Property

Mark Shaw

REALTY ONE GROUP PLATINUM ELITE License #ER1000435 Listed on: 05/02/2020

Co-Listed By

ANGELA INGLE

COLDWELL BANKER DISTINCTIVE PROPERTIES License #FA40018658

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,115

Year Built

  • 2014

Lot Details

  • 0.29 Acre Lot
  • Lake Front
  • On Golf Course
  • Split Rail Fence
  • Xeriscape Landscape
  • Sprinkler System
  • Property is zoned RSF

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Stucco Exterior
  • Stone Exterior Construction

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Family Room on Second Floor
  • Living Room with Fireplace
  • Dining Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Bathrooms
  • Garden Bath
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Pond
  • Covered Patio or Porch

Utilities

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

Community Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,115

Year Built

2014

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • 3 Phase: Unknown
  • Estimated Irrigation Acres: 0.29
  • Estimated Main Sq Ft: 2089
  • Estimated Upper Level Sq Ft: 473
  • Bathroom Level: M-Main Level, U-Upper Level
  • Bedroom 2 Conforming: Yes
  • Bedroom 2 Level: Main
  • Bedroom 2 Size: 13'X11'
  • Bedroom 3 Conforming: Yes
  • Bedroom 3 Level: Main
  • Bedroom 3 Size: 12'X11'
  • Construction: Wood Frame
  • Current Use: Residential
  • Dining Rm Lvl: Main
  • Dining Rm Size: 10'X13'5"
  • Dining Rm Type: Combo
  • Elevation: 4767
  • Exterior Features: Lake Front
  • Family Room Level: Upper
  • Family Rm Size: 20'X15'
  • Fronts: NW
  • Gas Company: Xcel
  • Heating Type: Forced Air, Natural Gas
  • How Built: Site Built
  • Irrigation Description: Owner uses domestic
  • Irrig Water: Yes
  • Kitchen Lvl: Main
  • Laundry Rm Location: Room
  • Laundry Rm Lvl: Main
  • Laundry Rm Size: 8'X7'5"
  • Living Rm Lvl: Main
  • Living Rm Size: 15'X13'5"
  • Lot Dimensions: Irregular
  • Lvt Date: 05/03/2020
  • Master Bdrm Conforming: Yes
  • Master Bdrm Lvl: Main
  • Master Bdrm Size: 13'X17'5"
  • Bedrooms: 3
  • Other Rm1 Lvl: Main
  • Other Rm1 Name: BR 4-Off
  • Other Rm1 Size: 12'x11'
  • Patio Deck: Patio-Covered
  • Property Type: Residential
  • Real Estate Incl: Yes
  • Sewer: Sewer Available, Sewer Installed
  • Sewer Company: City Of Gj
  • Street Desc Access: City/Town
  • Style: 2 Story
  • Taxes: 2115.32
  • Tax Year: 2019
  • Total Acres: 0.29
  • Total Apx Sq Ft: 2562
  • Type: Single Family
  • Water: City Water
  • Zoning: RSF
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2014

Interior Features

  • Kitchen Size: 10X13'5"
  • Bathroom Description: 1 full, 3 3/4, 1 1/2 bath.
  • Appliances: Dishwasher, Garbage Disposal, Gas Range Oven, Microwave Built-In, Refrigerator
  • Basement Foundation: Crawl Space
  • Eating Space: Yes
  • Fireplace: Gas Log(s), Living Room
  • Floor: Carpet, Tile
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Garden Tub, Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Shower, Pantry
  • Bathrooms: 4

Exterior Features

  • Fence: Split Rail
  • Landscaping: Landscape All, Sprinklers All, Xeriscape
  • Exterior Siding: Stone, Stucco
  • Roof: Tile

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: Adj. To Golf Course, Foothills, Pond/Lake
  • Lot Size: B: 0.25-0.49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2020
Closed on
Jul 31, 2020
Sold by
Harrison Shawn A and Harrison Mary A
Bought by
Margosian Paul C and Margosian Irmgard
Seller's Agent
Mark Shaw
REALTY ONE GROUP PLATINUM ELITE
List Price
$574,900
Sold Price
$560,000
Premium/Discount to List
-$14,900
-2.59%
Current Estimated Value
$955,096

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$395,096
Avg. Annual Appreciation
10.70%
Original Mortgage
$299,130
Outstanding Balance
$265,839
Interest Rate
3.1%
Mortgage Type
VA
Estimated Equity
$689,257

Purchase Details

Closed on
Nov 14, 2014
Sold by
Best Built Homes Llc
Bought by
Harrison Shawn A and Harrison Mary A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,970
Interest Rate
3.93%
Mortgage Type
VA

Purchase Details

Closed on
Apr 1, 2014
Sold by
Sc Investment Corp
Bought by
Altitude Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.41%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 10, 2014
Sold by
Altitude Investment Llc
Bought by
Sc Investment Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.41%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 28, 1992
Sold by
Ridges Metropolitan District
Bought by
Harrison Shawn A

Purchase Details

Closed on
Jul 14, 1992
Sold by
Ridges Metropolitan District
Bought by
Harrison Shawn A
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
Margosian Paul C $560,000 Heritage Title Company
Harrison Shawn A $404,668 Heritage Title
Best Built Homes Llc -- Heritage Title
Altitude Investment Llc -- Heritage Title
Sc Investment Corporation -- Htc
Harrison Shawn A -- --
Harrison Shawn A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Margosian Paul C $299,130
Previous Owner Harrison Shawn A $416,970
Previous Owner Altitude Investment Llc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2020 07/31/20 Sold $560,000 -2.6% $219 / Sq Ft
05/22/2020 05/22/20 Pending -- -- --
05/02/2020 05/02/20 For Sale $574,900 +1005.6% $224 / Sq Ft
12/13/2013 12/13/13 Sold $52,000 -20.0% -- View Prior Sale
10/29/2013 10/29/13 Pending -- -- --
03/08/2013 03/08/13 For Sale $64,990 -- --
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 $3,396 $49,210 $8,540 $40,670
2023 $3,396 $49,210 $8,540 $40,670
2022 $2,795 $39,850 $5,700 $34,150
2021 $2,807 $40,990 $5,860 $35,130
2020 $2,237 $33,460 $5,010 $28,450
2019 $2,115 $33,460 $5,010 $28,450
2018 $2,320 $33,430 $4,680 $28,750
2017 $2,315 $33,430 $4,680 $28,750
2016 $2,119 $34,410 $4,780 $29,630
2015 $2,150 $34,410 $4,780 $29,630
2014 $756 $12,180 $12,180 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Shaw

    Seller's Agent in 2020

    Mark Shaw

    REALTY ONE GROUP PLATINUM ELITE

    (970) 261-6099

    5 in this area

    72 Total Sales

    Mark Shaw
    Section Image
  • ANGELA INGLE

    Seller Co-Listing Agent in 2020

    ANGELA INGLE

    COLDWELL BANKER DISTINCTIVE PROPERTIES

    (970) 640-4882

    5 in this area

    62 Total Sales

    ANGELA INGLE
    Section Image
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Map

Source: Grand Junction Area REALTOR® Association

MLS Number: 20202008

Grand Junction Area REALTOR® Association

APN: 2945-204-17-003

Colorado Mesa County Grand Junction 81507 Redlands

348 Shadow Lake Rd, Grand Junction, CO

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