NOT LISTED FOR SALE

540 Hill Ave Grand Junction, CO 81501

Downtown Grand Junction Neighborhood
8 Beds
4 Baths
3,369 Sq Ft
9,583 Sq Ft Lot

Last Sold February 05, 2021

Last sale price $395,000 $117 Per Sq Ft

Highlights

  • Hot Water Heating System
  • Xeriscape Landscape
  • 2-minute walk to Hawthorne Park
  • Evaporated cooling system
  • Carpet

About This Home

As of February 2021

SOLID INVESTMENT PROPERTY! This 4 unit property is located in the heart of Downtown Grand Junction. Minutes from shops, restaurants, live music, farmers market and Colorado Mesa University! Great opportunity to add value by getting the rents up. Rents reflected are based on Pro Forma. You'll love the cool old charm with nice updates throughout. Improvements include new wiring, metal siding with fresh exterior paint, new hot water heater and 6 year old heater! Don't miss this opportunity! Call today to schedule your private showing! Information deemed reliable but not guaranteed. Buyer to verify all to satisfaction. Terms subject to change without notice.

Last Agent to Sell the Property

Rachel Justman

CENTURY 21 CAPROCK REAL ESTATE License #FA100031318 Listed on: 10/26/2020

CENTURY 21 CAPROCK REAL ESTATE

Last Buyer's Agent

Rachel Justman

CENTURY 21 CAPROCK REAL ESTATE License #FA100031318 Listed on: 10/26/2020

CENTURY 21 CAPROCK REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,235

Year Built

  • Built in 1900

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 125x75
  • Xeriscape Landscape

Home Design

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

Interior Spaces

  • 2-Story Property
  • Basement Fills Entire Space Under The House
  • Gas Oven or Range

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Evaporated cooling system
  • Hot Water Heating System

Listing and Financial Details

  • Assessor Parcel Number 2945-142-17-014

Community Details

Overview

  • 4 Units
  • 3,369 Sq Ft Building

Amenities

  • No Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,235

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Construction: Wood Frame
  • Current Use: Residential
  • Elevation: 4603
  • Fronts: S
  • Gas Company: Xcel
  • Heating Type: Hot Water
  • How Built: Site Built
  • Lot Dimensions: 125x75
  • Lvt Date: 11/02/2020
  • Property Type: Multi-Family
  • Real Estate Incl: Yes
  • Sewer: Sewer Installed
  • Sewer Company: City Of Gj
  • Street Desc Access: City/Town
  • Style: 2 Story
  • Taxes: 1235
  • Tax Year: 2020
  • Total Acres: 0.22
  • Type: Fourplex
  • Water: City Water
  • Zoning: R-8
  • Total Building Sq Ft: 3369
  • Design: Upper & Lower
  • Year Built: 1900
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Total Number Bedrooms: 8
  • Appliances: Gas Range/Oven-All, Refrigerator-All
  • Basement Foundation: Full Basement
  • Floor: Carpet, Laminate, Vinyl
  • Bathrooms: 4
  • Price Per Sq Ft: 117.25
  • Fireplaces: Fireplace(s)-None

Exterior Features

  • Landscaping: Xeriscape
  • Exterior Siding: Metal
  • Roof: Asphalt Composition

Utilities

  • Cooling Type: Evaporative Cooler
  • Electric Company: Xcel
  • Water Company: City of GJ
  • Laundry: No Laundry On Site

Schools

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

Lot Info

  • Lot Size: A: 0-0.24
  • Parcel Number: 2945-142-17-014

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
02/05/2021 02/05/21 Sold $395,000 -12.2% $117 / Sq Ft
10/26/2020 10/26/20 Pending -- -- --
10/26/2020 10/26/20 For Sale $450,000 +55.2% $134 / Sq Ft
07/30/2020 07/30/20 Sold $290,000 -3.3% $86 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
06/16/2020 06/16/20 Price Changed $300,000 -6.3% $89 / Sq Ft
06/12/2020 06/12/20 For Sale $320,000 0.0% $95 / Sq Ft
06/04/2020 06/04/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $320,000 0.0% $95 / Sq Ft
05/21/2020 05/21/20 Pending -- -- --
03/17/2020 03/17/20 For Sale $320,000 -- $95 / Sq Ft
Source: Grand Junction Area REALTOR® Association

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Rachel Justman

    Seller's Agent in 2021

    Rachel Justman

    CENTURY 21 CAPROCK REAL ESTATE

    (970) 615-0201

    19 in this area

    92 Total Sales

    Rachel Justman
    Section Image
  • Mandy Rush

    Seller's Agent in 2020

    Mandy Rush

    RE/MAX

    (970) 260-1310

    15 in this area

    324 Total Sales

    Mandy Rush
    Section Image

  • A

    Buyer's Agent in 2020

    ASHLEY GARDINEER

    HOMESMART REALTY PARTNERS

    Section Image
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Map

Source: Grand Junction Area REALTOR® Association

MLS Number: 20205503

Grand Junction Area REALTOR® Association

APN: 2945-142-17-014

Colorado Mesa County Grand Junction 81501 Downtown Grand Junction

540 Hill Ave, Grand Junction, CO

This home is located at 540 Hill Ave, Grand Junction, CO 81501 since 26 October 2020. This property was built in 1900. 540 Hill Ave 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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