$683,000 - $795,000
RENTED OCT 1, 2024
4 Beds
5 Baths
3,069 Sq Ft
$236 Price per Sq Ft

Last Sold September 21, 2020

Last sale price $530,000 $173 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,308/month

About This Home

As of September 2020

Welcome to 386 W Ridges Blvd Unit B located in the Peaks at Redlands! The Peaks at Redlands offers a blend of style and functionality in a great location. This 4 bedroom 4.5 bath 2 car garage townhouse features an open concept floor plan with spacious living room, kitchen and dining space, plus a home office. The first floor primary bedroom is complete with en suite bath including double sinks, tiled shower, soaking tub, walk-in-closet, and space for stackable washer/dryer hook-up. 1st floor patio access from the primary bedroom and living room. The island kitchen is equipped with stainless steel appliances, quartz countertops, gas cooktop, and plenty of cabinet storage. Head upstairs to find a HUGE bonus room/loft area perfect for a game room, hobby space, or media room. All 3 generously sized guest bedrooms are located on the 2nd floor with private bathrooms and walk-in-closets for each. Second floor laundry area will accommodate a full-sized washer/dryer. Honeycomb blinds installed for privacy and neutral colors throughout the main living spaces. Take the stairs or the elevator to the 3rd floor with rooftop patio access and enjoy 360 views of all that GJ has to offer. Evening sunsets are magical, highlighting the Mesa, Bookcliffs and Monument. Outdoor enthusiast with love the accessibility of neighborhood trails that connect to miles and miles of dirt trails to walk, bike or hike. Quick access to Lunch Loop and Monument trails as well. This home is move-in ready!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2020
Closed on
Sep 18, 2020
Sold by
The Peaks Llc
Bought by
Martinsen Aaron Michael and Martinsen Sara Rae
Seller's Agent
Ronda Hummel
HUMMEL REAL ESTATE
Buyer's Agent
Ronda Hummel
HUMMEL REAL ESTATE
List Price
$530,000
Sold Price
$530,000
Current Estimated Value
$725,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$195,805
Avg. Annual Appreciation
6.89%
Original Mortgage
$420,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2018
Sold by
Vat Touch
Bought by
Solk Steve and Solk Gayle

Purchase Details

Closed on
May 9, 2016
Sold by
Brighstar Redlands Mesa Development Llc
Bought by
Vat Touch

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,125
Interest Rate
3.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 12, 2002
Sold by
Redlands Mesa Llc
Bought by
Welz Norbert P and Welz Ruth E

Purchase Details

Closed on
Jun 28, 2001
Sold by
Redlands Mesa Llc
Bought by
City Of Grand Junction
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Martinsen Aaron Michael $530,000 First American Title
Solk Steve $80,000 Heritage Title Co
Vat Touch $77,500 Heritage Title
Welz Norbert P $165,000 Meridian Land Title Llc
City Of Grand Junction -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinsen Aaron Michael $400,000
Closed Martinsen Aaron Michael $420,000
Previous Owner Vat Touch $58,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2024 10/01/24 Rented $3,200 0.0% --
09/03/2024 09/03/24 Under Contract -- -- --
08/03/2024 08/03/24 For Rent $3,200 0.0% --
09/21/2020 09/21/20 Sold $530,000 0.0% $173 / Sq Ft
09/18/2020 09/18/20 Sold $530,000 0.0% $173 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
08/26/2020 08/26/20 Pending -- -- --
03/06/2020 03/06/20 For Sale $530,000 0.0% $173 / Sq Ft
03/02/2020 03/02/20 For Sale $530,000 -- $173 / Sq Ft

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 $2,991 $43,340 $5,870 $37,470
2023 $2,991 $43,340 $5,870 $37,470
2022 $2,582 $36,820 $5,210 $31,610
2021 $2,594 $37,880 $5,360 $32,520
2020 $2,760 $35,600 $7,150 $28,450
2019 $291 $4,600 $360 $4,240
Source: Public Records

Agents Affiliated with this Home

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