NOT LISTED FOR SALE

Estimated Value: $740,663 - $948,000

4 Beds
3 Baths
2,812 Sq Ft
$302/Sq Ft Est. Value

Last Sold May 31, 2012

Last sale price $333,500 $119 Per Sq Ft

Est. 154% increase in value since last sale

Current estimated payment $4,689/month

Highlights

  • Barn
  • Spa
  • 1.8 Acre Lot
  • Horses Allowed On Property
  • RV Access or Parking
  • Wood Burning Stove

About This Home

As of May 2012

This remarkable and renovated 4 bedroom with office, 3 bath home sits on just under 2 acres in the Palisade area and includes everything to enjoy peaceful living and exceptional views. With two stories, a full basement and 2812 sq ft of remodeled open-concept space near the base of Mount Garfield, it features vaulted ceilings, new windows and doors, custom hard wood/tile floors, sun porch and hot tub and natural light. It boasts two distinct living spaces, formal dining room, wood burning stove and rock fireplace, laundry room and incredible modern kitchen with all appliances. The master suite offers a wall of windows, walk-in closet and spacious bath. A park-like oasis features mature landscaping with fruit and flowering trees, large patio, detached 2 car garage with additional storage shed/barn/shop. This spectacular home is open to unending possibilities now and for years to come!

Last Agent to Sell the Property

JOE REED

THE JOE REED TEAM License #FA40042595 Listed on: 07/12/2011

THE JOE REED TEAM

Last Buyer's Agent

Geri Lindholm

HOMESMART REALTY PARTNERS License #FA40020311

HOMESMART REALTY PARTNERS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,398

Year Built | Renovated

  • 1931 | 1980

Lot Details

  • 1.8 Acre Lot
  • Lot Dimensions are 313x356x277x204
  • Kennel
  • Split Rail Fence
  • Partially Fenced Property
  • Privacy Fence
  • Chain Link Fence
  • Landscaped
  • Sprinkler System
  • Property is zoned RSF

Home Design

  • Wood Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Sound System
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Stove
  • Window Treatments
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Linoleum
  • Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 3 Bathrooms

Laundry

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

Unfinished Basement

  • Partial Basement
  • Exterior Basement Entry
  • Sump Pump

Parking

  • 2 Car Garage
  • Carport
  • RV Access or Parking

Outdoor Features

  • Spa
  • Open Patio
  • Shed
  • Outbuilding

Farming

  • Barn
  • 2 Irrigated Acres
  • Pasture

Horse Facilities and Amenities

  • Horses Allowed On Property
  • Corral

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Baseboard Heating
  • Hot Water Heating System
  • Satellite Dish

Community Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,398

Year Built | Renovated

1931 | 1980

Lot Details

0

Listing Details

  • 3 Phase: Unknown
  • Estimated Irrigation Acres: 1.8
  • Estimated Main Sq Ft: 1990
  • Estimated Upper Level Sq Ft: 822
  • Bedroom 2 Conforming: Yes
  • Bedroom 2 Level: Upper
  • Bedroom 2 Size: 12 X 13
  • Bedroom 3 Conforming: Yes
  • Bedroom 3 Level: Upper
  • Bedroom 3 Size: 10 X 12
  • Bedroom 4 Level: Main
  • Bedroom 4 Size: 12 X 14
  • Construction: Wood Frame
  • Current Use: Residential
  • Dining Rm Lvl: Main
  • Dining Rm Size: 13 X 14
  • Dining Rm Type: Formal
  • Elevation: 4746
  • Exterior Features: Barn, Corral/Stable, Dog Pen, Horses Allowed, Hot Tub, Outbuildings, Rv Parking, Satellite Dish, Shed, Sprinklers
  • Family Room Level: Main
  • Family Rm Size: 20 X 31
  • Fronts: S
  • Gas Company: Xcel
  • Heating Type: Baseboard, Forced Air, Hot Water, Natural Gas
  • How Built: Site Built
  • Irrig Water: Yes
  • Kitchen Lvl: Main
  • Laundry Rm Location: Mud Room
  • Laundry Rm Lvl: Main
  • Laundry Rm Size: 8 X 11
  • Living Rm Lvl: Main
  • Living Rm Size: 13 X 14
  • Lot Dimensions: 313x356x277x204
  • Master Bdrm Conforming: Yes
  • Master Bdrm Lvl: Upper
  • Master Bdrm Size: 13 X 15
  • Bedrooms: 4
  • Patio Deck: Patio-Open
  • Property Type: Residential
  • Real Estate Incl: Yes
  • Sewer: Sewer Installed
  • Sewer Company: Palisade
  • Street Desc Access: Gravel, Private
  • Style: 2 Story
  • Taxes: 1398.29
  • Tax Year: 2010
  • Total Acres: 1.8
  • Total Apx Sq Ft: 2812
  • Type: Single Family
  • Water: City Water
  • Zoning: RSF
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 1931
  • Year Renovated: 1980

Interior Features

  • Kitchen Size: 13 X 21
  • Bathroom Description: 2 Full, 1 - 3/4
  • Appliances: Dishwasher, Dryer, Garbage Disposal, Gas Range Oven, Refrigerator
  • Basement Foundation: Outside Entrance, Partial Basement, Unfinished
  • Fireplace: Living Room, Wood Stove(s)
  • Floor: Carpet, Linoleum, Slate, Tile, Wood
  • Interior Amenities: Ceiling Fan(s), Hot Tub-Built In, Sump Pump, Surround Sound, Vaulted Ceiling(s), Walk-In Closet(s), Window Coverings
  • Bathrooms: 3
  • Price Per Sq Ft: 118.6

Exterior Features

  • Fence: Chain Link, Partial, Privacy, Split Rail
  • Landscaping: Landscape All
  • Exterior Siding: Vinyl
  • Roof: Asphalt Composition

Garage/Parking

  • Garage Type: Carport
  • Garage Capacity: 2

Utilities

  • Cooling Type: Evaporative Cooler
  • Electric Company: Xcel
  • Water Company: Palisade

Schools

  • Elementary School: Taylor
  • Middle School: MT Garfield (Mesa County)
  • High School: Palisade

Lot Info

  • Lot Description: 150' + Frontage, Pasture
  • Lot Size: D: 1-1.99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2012
Sold by
Algeo David Edward
Bought by
Algeo David Edward and Algeo Alfreda A
Current Estimated Value
$848,416

Purchase Details

Listed on
Jul 12, 2011
Closed on
May 31, 2012
Sold by
Rockwell James and Rockwell Christine K
Bought by
Algeo David Edward
Seller's Agent
JOE REED
THE JOE REED TEAM
Buyer's Agent
Geri Lindholm
HOMESMART REALTY PARTNERS
List Price
$382,500
Sold Price
$333,500
Premium/Discount to List
-$49,000
-12.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%
Original Mortgage
$327,458
Outstanding Balance
$228,002
Interest Rate
3.93%
Mortgage Type
FHA
Estimated Equity
$620,414

Purchase Details

Closed on
May 30, 1997
Sold by
Laurence K Meens Cindy L
Bought by
Rockwell James and Rockwell Christine K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,900
Interest Rate
8.17%

Purchase Details

Closed on
Jan 31, 1992
Sold by
Champlain Harry J
Bought by
Algeo Alfreda G

Purchase Details

Closed on
Nov 22, 1991
Sold by
Champlain Harry J
Bought by
Algeo Alfreda G

Purchase Details

Closed on
Jan 2, 1991
Bought by
Algeo David Edward
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
Algeo David Edward -- Land Title Guarantee Company
Algeo David Edward $333,500 Land Title Guarantee Company
Rockwell James $199,900 Western Colorado Title Compa
Algeo Alfreda G $92,000 --
Algeo Alfreda G $15,000 --
Algeo David Edward -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Algeo David Edward $327,458
Previous Owner Rockwell James $149,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2012 05/31/12 Sold $333,500 -12.8% $119 / Sq Ft
05/01/2012 05/01/12 Pending -- -- --
07/12/2011 07/12/11 For Sale $382,500 -- $136 / 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 $2,074 $35,350 $12,070 $23,280
2023 $2,074 $35,350 $12,070 $23,280
2022 $2,479 $33,830 $8,340 $25,490
2021 $2,485 $34,810 $8,580 $26,230
2020 $1,934 $27,410 $8,220 $19,190
2019 $1,831 $27,410 $8,220 $19,190
2018 $1,951 $26,850 $7,560 $19,290
2017 $1,809 $26,850 $7,560 $19,290
2016 $1,809 $28,450 $8,360 $20,090
2015 $1,832 $28,450 $8,360 $20,090
2014 $1,690 $26,360 $8,360 $18,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Grand Junction Area REALTOR® Association

MLS Number: 655454

Grand Junction Area REALTOR® Association

APN: 2937-071-00-025