516 Compton St Grand Junction, CO 81501
Downtown Grand Junction NeighborhoodEstimated payment $1,708/month
Highlights
- Very Popular Property
- Wood Flooring
- Covered Patio or Porch
- Ranch Style House
- Corner Lot
- Eat-In Kitchen
About This Home
Sweat equity opportunity, flexibility, and location come together in this 1956 corner-lot home near the college, offering 1,760 total square feet and no HOA. The main level features 880 square feet with original wood floors, coved ceilings, built-in cabinetry, two bedrooms, and a full bath. A stackable washer and dryer space has been added to the kitchen for convenient main-level laundry. The finished basement provides additional living space with 8-foot ceilings, a second living area, a 3/4 bath/laundry area, storage room, and a non-conforming third bedroom, creating options for multi-use living, guests, or potential rental near CMU. Updated electrical and a new sump pump are in place. Outside, enjoy a large vinyl fenced yard, carport parking, and the added space that comes with a corner lot. Estate sale. Sold as-is. A solid opportunity in a location with consistent demand.
Listing Agent
KELLER WILLIAMS COLORADO WEST REALTY License #FA100055652 Listed on: 03/06/2026
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,322
Year Built
- Built in 1956
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 97' x 77'
- Vinyl Fence
- Corner Lot
- Property is zoned RM8
Home Design
- Ranch Style House
- Wood Frame Construction
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- Ceiling Fan
- Family Room Downstairs
- Living Room
- Dining Room
Kitchen
- Eat-In Kitchen
- Electric Oven or Range
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Linoleum
- Concrete
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
- Walk-in Shower
Laundry
- Laundry Room
- Washer and Dryer Hookup
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Laundry in Basement
Parking
- 1 Car Garage
- Carport
Outdoor Features
- Covered Deck
- Covered Patio or Porch
- Shed
Schools
- Nisley Elementary School
- Bookcliff Middle School
- Central High School
Utilities
- Evaporated cooling system
- Forced Air Heating System
Community Details
- Compton Subdivision
Listing and Financial Details
- Assessor Parcel Number 2943-073-04-007
Map
Home Values in the Area
Average Home Value in this Area
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 | $979 | $13,850 | $3,970 | $9,880 |
| 2023 | $979 | $13,850 | $3,970 | $9,880 |
| 2022 | $881 | $12,220 | $3,480 | $8,740 |
| 2021 | $946 | $12,570 | $3,580 | $8,990 |
| 2020 | $734 | $10,690 | $3,220 | $7,470 |
| 2019 | $694 | $10,690 | $3,220 | $7,470 |
| 2018 | $696 | $9,770 | $3,240 | $6,530 |
| 2017 | $694 | $9,770 | $3,240 | $6,530 |
| 2016 | $607 | $9,600 | $3,380 | $6,220 |
| 2015 | $615 | $9,600 | $3,380 | $6,220 |
| 2014 | $531 | $8,350 | $2,790 | $5,560 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/25/2026 03/25/26 | Price Changed | $299,000 | -3.5% | $170 / Sq Ft |
| 03/18/2026 03/18/26 | Price Changed | $310,000 | -4.6% | $176 / Sq Ft |
| 03/06/2026 03/06/26 | For Sale | $325,000 | -- | $185 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $111,835 | Meridian Land Title Llc | |
| Warranty Deed | $88,750 | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $89,450 | Unknown | |
| Previous Owner | $88,750 | VA | |
| Closed | $22,350 | No Value Available |
Source: Grand Junction Area REALTOR® Association
MLS Number: 20261010
APN: 2943-073-04-007
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Ask me questions while you tour the home.