NOT LISTED FOR SALE

487 1/2 32 Grand Junction, CO 81504

Clifton Neighborhood
8 Beds
6 Baths
4,352 Sq Ft
0.3 Acres

Last Sold April 04, 2023

Last sale price $425,000 $98 Per Sq Ft

7 Days on Market

Highlights

  • Shed
  • Evaporated cooling system
  • Carpet
  • Forced Air Heating System
  • Wood Siding

About This Home

As of April 2023

Fully leased fourplex in good condition! This property has long term tenants that want to stay in the property. The sellers have maintained all systems during their ownership. Gross Cap Rate is 8.9%. If you're sick of losing money in the stock market, put some cash into this investment property and see how your money can make you money!

Last Agent to Sell the Property

Rebekah Mendrop

RE/MAX 4000, INC License #FA100079690 Listed on: 02/03/2023

Last Buyer's Agent

Rebekah Mendrop

RE/MAX 4000, INC License #FA100079690 Listed on: 02/03/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,522

Year Built

  • Built in 1982

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 76 x 170

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Crawl Space
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Shed

Utilities

  • Evaporated cooling system
  • Forced Air Heating System
  • Septic Design Installed

Community Details

  • 4 Units
  • 4,352 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 2943-151-25-005
  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,522

Year Built

Built in 1982

Lot Details

0

Listing Details

  • 3 Phase: Unknown
  • Construction: Wood Frame
  • Current Use: Multi Family
  • Elevation: 4675
  • Exterior Features: Shed
  • Gas Company: Xcel
  • Heating Type: Forced Air
  • How Built: Site Built
  • Lot Dimensions: 76 x 170
  • Lvt Date: 02/03/2023
  • Property Type: Multi-Family
  • Real Estate Incl: Yes
  • Sewer: Sewer Installed
  • Sewer Company: Clifton
  • Street Desc Access: Common/Shared, Guest Parking
  • Style: 2 Story
  • Taxes: 1522.32
  • Tax Year: 2022
  • Total Acres: 0.3
  • Type: Fourplex
  • Water: City Water
  • Zoning: Multi-family
  • Total Building Sq Ft: 4352
  • Design: One Building
  • Year Built: 1982
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Number Bedrooms: 8
  • Appliances: Dishwasher-All, Electric Range/Oven-All, Refrigerator-All
  • Basement Foundation: Crawl Space
  • Floor: Carpet, Laminate, Linoleum
  • Bathrooms: 6
  • Price Per Sq Ft: 97.66
  • Fireplaces: Fireplace(s)-None

Exterior Features

  • Exterior Siding: Wood
  • Roof: Asphalt Composition

Utilities

  • Cooling Type: Evaporative Cooler
  • Electric Company: Xcel
  • Water Company: Clifton
  • Laundry: W/D Hookups In All Units

Schools

  • Elementary School: Chatfield
  • Middle School: Grand Mesa
  • High School: Central

Lot Info

  • Lot Description: 75' - 100' Frontage
  • Lot Size: B: 0.25-0.49
  • Parcel Number: 2943-151-25-005

Multi Family

  • Total Number Units: 4

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2023 04/04/23 Sold $425,000 -3.4% $98 / Sq Ft
02/10/2023 02/10/23 Pending -- -- --
02/03/2023 02/03/23 For Sale $440,000 -- $101 / Sq Ft
Source: Grand Junction Area REALTOR® Association

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Rebekah Mendrop

    Seller's Agent in 2023

    Rebekah Mendrop

    RE/MAX

    (970) 210-8747

    41 in this area

    202 Total Sales

    Rebekah Mendrop
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Map

Source: Grand Junction Area REALTOR® Association

MLS Number: 20230467

Grand Junction Area REALTOR® Association

Colorado Mesa County Grand Junction 81504 Clifton

487 1/2 32, Grand Junction, CO

This home is located at 487 1/2 32, Grand Junction, CO 81504 since 03 February 2023. This property was built in 1982. 487 1/2 32 is a home located in Mesa County with nearby schools including Rocky Mountain Elementary School, Mount Garfield Middle School, and Palisade 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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