NOT LISTED FOR SALE

510 N 16th St Grand Junction, CO 81501

Downtown Grand Junction Neighborhood

Estimated Value: $342,000 - $412,000

4 Beds
3 Baths
1,969 Sq Ft
$190/Sq Ft Est. Value

Last Sold December 07, 2020

Last sale price $280,000 $142 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $2,128/month

Highlights

  • Ranch Style House
  • Fireplace
  • Open Patio
  • Wood Flooring
  • 1 Car Attached Garage
  • Low Threshold Shower

About This Home

As of December 2020

Unique opportunity to own two single family homes on one tax parcel in the City of Grand Junction. 510 and 510 ½ N 16th Street offer tons of potential for someone to own one and rent out the other, Mother-in-Law situation, rent both or the potential for short term rentals. Great location close to Lincoln Park and a short walk to downtown Grand Junction. Both homes have separate gas, electric, and water meters. Back home has updated flooring, paint, along with a variety of other items and includes a fireplace. Front home is 2 bed 1 bath and back home has 2 beds and 2 baths. Property is fenced and has a storage shed and alley access to back house with an attached garage. Buyer’s Agent or Buyer to verify all information including measurements.

Last Agent to Sell the Property

JASON HOLM

BRAY REAL ESTATE License #FA100002256 Listed on: 06/16/2020

Last Buyer's Agent

Derek Irick

BRAY/COMMERCIAL License #FA100022694

BRAY/COMMERCIAL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,072

Year Built

  • Built in 1947

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50 x 120
  • Landscaped

Parking

  • 1 Car Attached Garage

Home Design

  • Ranch Style House
  • Wood Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • Ceiling Fan
  • Fireplace
  • Window Treatments
  • Partially Finished Basement
  • Partial Basement
  • Electric Oven or Range
  • Washer and Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Accessible Home Design

  • Low Threshold Shower

Outdoor Features

  • Open Patio
  • Shed

Utilities

  • Evaporated cooling system
  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

  • 2 Units
  • 1,969 Sq Ft Building

Listing and Financial Details

  • Assessor Parcel Number 2945-132-13-009
  • Seller Concessions Offered

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,072

Year Built

Built in 1947

Lot Details

0

Listing Details

  • 3 Phase: Unknown
  • Access Medical Inclusions: No Or Low Step-In Shower
  • Construction: Wood Frame
  • Current Use: Residential
  • Elevation: 4597
  • Exterior Features: Shed
  • Fronts: E
  • Gas Company: Xcel
  • Heating Type: Fireplace, Forced Air, Natural Gas
  • How Built: Site Built
  • Lot Dimensions: 50 x 120
  • Lvt Date: 06/17/2020
  • Patio Deck: Patio-Open
  • Property Type: Multi-Family
  • Real Estate Incl: Yes
  • Sewer: Sewer Installed
  • Sewer Company: City Of Gj
  • Street Desc Access: City/Town, Paved
  • Style: Ranch
  • Taxes: 1071.96
  • Tax Year: 2020
  • Total Acres: 0.14
  • Water: City Water
  • Zoning: RSF
  • Total Building Sq Ft: 1969
  • Design: Front & Back, Two Buildings
  • Garage Capacity: 1
  • Garage Type: Attached
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Number Bedrooms: 4
  • Appliances: Dishwasher-None, Dryer-None, Electric Range/Oven-All, Microwave Built-In-None, Refrigerator-All, Washer-Some, Washer Hookup, Dryer Hookup
  • Basement Foundation: Partial Basement, Partially Finished
  • Floor: Carpet, Vinyl, Wood
  • Interior Amenities: Ceiling Fan(s), Window Coverings
  • Bathrooms: 3
  • Price Per Sq Ft: 142.2
  • Fireplaces: Fireplace(s)-Some

Exterior Features

  • Landscaping: Landscaped Front
  • Exterior Siding: Wood
  • Roof: Asphalt Composition

Utilities

  • Cooling Type: Evaporative Cooler, Window Unit(s)
  • Electric Company: Xcel
  • Water Company: City of GJ
  • Laundry: W/D Hookups In All Units

Schools

  • Elementary School: Chipeta
  • Middle School: East
  • High School: Grand Junction

Lot Info

  • Lot Description: 0' - 75' Frontage
  • Lot Size: A: 0-0.24
  • Parcel Number: 2945-132-13-009

Multi Family

  • Total Number Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2020
Closed on
Dec 7, 2020
Sold by
Chase Ronald K
Bought by
Sollay Winston
Seller's Agent
JASON HOLM
BRAY REAL ESTATE
Buyer's Agent
Derek Irick
BRAY/COMMERCIAL
List Price
$329,000
Sold Price
$280,000
Premium/Discount to List
-$49,000
-14.89%
Current Estimated Value
$374,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,212
Avg. Annual Appreciation
6.22%
Original Mortgage
$274,928
Outstanding Balance
$245,204
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$129,008

Purchase Details

Closed on
Sep 16, 2019
Sold by
Spurr Rhonda
Bought by
Chase Ronald

Purchase Details

Closed on
Sep 7, 2019
Sold by
Chase Ronald K and Estate Of Michael E Chase
Bought by
Chasee Ronald K and Spurr Rhonda

Purchase Details

Closed on
Oct 25, 2002
Sold by
Chase Michael E and Chase Michael Earl
Bought by
Chase Michael E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.01%

Purchase Details

Closed on
Jan 20, 1997
Sold by
Chase Patricia A
Bought by
Chase Michael Earl
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
Sollay Winston $280,000 Fidelity National Title
Chase Ronald -- None Available
Chasee Ronald K -- None Available
Chase Michael E -- --
Chase Michael Earl $13,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sollay Winston $274,928
Previous Owner Chase Michael E $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2020 12/07/20 Sold $280,000 -14.9% $142 / Sq Ft
11/04/2020 11/04/20 Pending -- -- --
09/13/2020 09/13/20 For Sale $329,000 0.0% $167 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
08/19/2020 08/19/20 For Sale $329,000 0.0% $167 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
07/25/2020 07/25/20 Price Changed $329,000 -2.1% $167 / Sq Ft
07/10/2020 07/10/20 For Sale $336,000 0.0% $171 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
06/16/2020 06/16/20 For Sale $336,000 -- $171 / 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 $1,635 $23,120 $4,910 $18,210
2023 $1,635 $23,120 $4,910 $18,210
2022 $1,450 $20,110 $3,820 $16,290
2021 $1,591 $20,690 $3,930 $16,760
2020 $1,134 $16,500 $3,580 $12,920
2019 $607 $16,500 $3,580 $12,920
2018 $475 $13,440 $3,240 $10,200
2017 $474 $13,440 $3,240 $10,200
2016 $435 $13,870 $3,380 $10,490
2015 $441 $13,870 $3,380 $10,490
2014 $410 $12,990 $2,790 $10,200
Source: Public Records

Agents Affiliated with this Home

  • JASON HOLM

    Seller's Agent in 2020

    JASON HOLM

    BRAY REAL ESTATE

    (970) 201-0286

    10 in this area

    39 Total Sales

    JASON HOLM
    Section Image

  • D

    Buyer's Agent in 2020

    Derek Irick

    BRAY/COMMERCIAL

    (970) 244-9239

    11 in this area

    84 Total Sales

    Derek Irick
    Section Image
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Map

Source: Grand Junction Area REALTOR® Association

MLS Number: 20202906

Grand Junction Area REALTOR® Association

APN: 2945-132-13-009

Colorado Mesa County Grand Junction 81501 Downtown Grand Junction

510 N 16th St, Grand Junction, CO

This home is located at 510 N 16th St, Grand Junction, CO 81501 since 16 June 2020 and is currently estimated at $374,212, approximately $190 per square foot. This property was built in 1947. 510 N 16th St is a home located in Mesa County with nearby schools including Chipeta Elementary School, East Middle School, and West Middle 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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