NOT LISTED FOR SALE

488 Arabian Way Grand Junction, CO 81504

Estimated Value: $379,050 - $388,000

3 Beds
2 Baths
1,546 Sq Ft
$249/Sq Ft Est. Value

Last Sold April 30, 2013

Last sale price $158,000 $102 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $2,169/month

Highlights

  • RV Access or Parking
  • Corner Lot
  • Walk-In Closet
  • Main Floor Primary Bedroom
  • 2 Car Attached Garage
  • Living Room

About This Home

As of April 2013

BACK ON THE MARKET!!!! APPROVED SHORT SALE! Ready to move in! If you are searching for large yard, RV Parking, a place to garden, and just a little room to stretch out, this is the place! Corner lot, home has lots of light, vaulted ceilings, & plant shelves for your displays. Wired for central sound and on patio as well. Home has style inside in the way it is constructed. New hot water heater Aug 2012. Lovely neighborhood. Home is subject to Short Sale and will be sold AS IS. Square footage differs from Assessor. Bonus room with slanted ceiling has been added to sq footage. It could be used as non conforming 4th bedroom. Buyer(s) to verify: subject to change/error.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $883

Year Built

  • 2000

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 102 x 99 x 63 x 87
  • Privacy Fence
  • Landscaped
  • Corner Lot
  • Sprinkler System
  • Property is zoned R5

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Free Standing Fireplace
  • Living Room
  • Dining Room

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Parking

  • 2 Car Attached Garage
  • RV Access or Parking

Outdoor Features

  • Open Patio

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating System
  • Pellet Stove burns compressed wood to generate heat

Listing and Financial Details

  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$883

Year Built

2000

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • 3 Phase: Unknown
  • Estimated Main Sq Ft: 940
  • Estimated Upper Level Sq Ft: 607
  • 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: 12 x 13
  • Construction: Wood Frame
  • Current Use: Residential
  • Dining Rm Lvl: Main
  • Dining Rm Size: 9 x 10
  • Elevation: 4597
  • Exterior Features: Rv Parking, Sprinklers
  • Fronts: w
  • Gas Company: XCEL
  • Heating Type: Forced Air, Pellet
  • How Built: Site Built
  • Irrigation Description: HOA
  • Irrig District: HOA
  • Irrig Water: Yes
  • Kitchen Lvl: Main
  • Laundry Rm Location: Room
  • Laundry Rm Lvl: Main
  • Laundry Rm Size: 5 x 6
  • Living Rm Lvl: Main
  • Living Rm Size: 11 x 17
  • Lot Dimensions: 102 x 99 x 63 x 87
  • Master Bdrm Conforming: Yes
  • Master Bdrm Lvl: Main
  • Master Bdrm Size: 13 x 14
  • Bedrooms: 3
  • Other Rm1 Lvl: Upper
  • Other Rm1 Name: BONUS
  • Other Rm1 Size: 8 x 22
  • Patio Deck: Patio-Open
  • Property Type: Residential
  • Real Estate Incl: Yes
  • Sewer: Sewer Installed
  • Sewer Company: Clifton
  • Street Desc Access: Paved
  • Style: 2 Story
  • Taxes: 883.49
  • Tax Year: 2012
  • Total Acres: 0.23
  • Total Apx Sq Ft: 1546
  • Type: Single Family
  • Water: City Water
  • Zoning: R5
  • Special Features: 12
  • Property Sub Type: Detached
  • Stories: 2
  • Year Built: 2000

Interior Features

  • Kitchen Size: 11 x 14
  • Bathroom Description: Full
  • Appliances: Dishwasher, Electric Range Oven, Garbage Disposal, Range Hood
  • Basement Foundation: Slab
  • Fireplace: Free Standing, Pellet
  • Floor: Carpet, Tile, Vinyl
  • Interior Amenities: Ceiling Fan(s), Walk-In Closet(s)
  • Bathrooms: 2
  • Price Per Sq Ft: 102.2

Exterior Features

  • Fence: Privacy
  • Landscaping: Landscape All, Sprinklers All
  • Exterior Siding: Wood
  • Roof: Asphalt Composition

Garage/Parking

  • Garage Type: Attached Garage
  • Garage Capacity: 2

Utilities

  • Cooling Type: Refrigerated Central Air
  • Electric Company: XCEL
  • Water Company: Clifton

Condo/Co-op/Association

  • Association Amenities: Pets Allowed

Schools

  • Elementary School: Chatfield
  • Middle School: East
  • High School: Central

Lot Info

  • Lot Description: Corner
  • Lot Size: A: 0-0.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2012
Closed on
Apr 11, 2013
Sold by
Frazier Crag W and Frazier Patricia A
Bought by
Harrison Trevor
List Price
$179,900
Sold Price
$158,000
Premium/Discount to List
-$21,900
-12.17%
Current Estimated Value
$384,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,763
Avg. Annual Appreciation
7.42%
Original Mortgage
$155,138
Outstanding Balance
$113,288
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$271,475

Purchase Details

Closed on
Jan 19, 2001
Sold by
Zeck & Associates Llc
Bought by
Frazier Crag W and Frazier Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,738
Interest Rate
7.43%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 21, 2000
Sold by
Casa Tiara Development Inc
Bought by
Zeck & Associates Llc
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
Harrison Trevor $158,000 Fidelity National Title Insu
Frazier Crag W $117,555 Meridian Land Title Llc
Zeck & Associates Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harrison Trevor $155,138
Previous Owner Frazier Crag W $115,738
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2013 04/30/13 Sold $158,000 -12.2% $102 / Sq Ft
02/25/2013 02/25/13 Pending -- -- --
08/03/2012 08/03/12 For Sale $179,900 -- $116 / 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 $1,404 $19,840 $3,390 $16,450
2023 $1,404 $19,840 $3,390 $16,450
2022 $1,254 $17,370 $3,480 $13,890
2021 $1,258 $17,870 $3,580 $14,290
2020 $1,075 $15,630 $2,500 $13,130
2019 $1,017 $15,630 $2,500 $13,130
2018 $914 $12,810 $2,160 $10,650
2017 $911 $12,810 $2,160 $10,650
2016 $820 $12,950 $2,390 $10,560
2015 $831 $12,950 $2,390 $10,560
2014 $763 $11,990 $1,990 $10,000
Source: Public Records

Map

Source: Grand Junction Area REALTOR® Association

MLS Number: 660850

Grand Junction Area REALTOR® Association

APN: 2943-152-78-001

Colorado Mesa County Grand Junction 81504

488 Arabian Way, Grand Junction, CO

This home is located at 488 Arabian Way, Grand Junction, CO 81504 since 03 August 2012 and is currently estimated at $384,763, approximately $248 per square foot. This property was built in 2000. 488 Arabian Way is a home located in Mesa County with nearby schools including Chatfield Elementary School, Grand Mesa 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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