NOT LISTED FOR SALE

551 Walnut Ave Grand Junction, CO 81501

Downtown Grand Junction Neighborhood

Estimated Value: $558,000 - $671,321

3 Beds
2 Baths
2,835 Sq Ft
$222/Sq Ft Est. Value

Sale Details

Date Sold: April 8, 2022

Last sale price $600,000 $212 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,679 / mo

2 Days on Market

Highlights

  • 0.36 Acre Lot
  • Wood Flooring
  • Built-In Double Oven
  • Deck
  • Hydromassage or Jetted Bathtub
  • 3 Car Attached Garage

About This Home

As of April 2022

Beautiful Mid Century Home in a quiet, desirable neighborhood in a great location. This home is an entertaining dream. Kitchen has all new high end appliances, pantry, gorgeous bar area alongside stunning windows that give a perfect view of the incredible deck and backyard. Amazing garage with a workshop area for all your projects. Meticulously maintained, beautiful hardwood floors, gas fireplace, new roof, new electrical panel and a basement ready to make into whatever you want, are just a few of the benefits this place boasts. Home has also been a successful airbnb the past year as well. Call agent if you would like to see the financials and history of the Airbnb rental.

Last Agent to Sell the Property

BRIANA LISTER

EXP REALTY, LLC License #FA100075196 Listed on: 03/05/2022

EXP REALTY, LLC

Last Buyer's Agent

Michael Tofel

THE CHRISTI REECE GROUP License #FA100054689

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,209

Year Built

  • Built in 1950

Lot Details

  • 15,682 Sq Ft Lot
  • Privacy Fence
  • Vinyl Fence
  • Chain Link Fence
  • Landscaped
  • Sprinkler System
  • Property is zoned R-5

Home Design

  • Tri-Level Property
  • Brick Exterior Construction
  • Wood Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • Ceiling Fan
  • Gas Log Fireplace
  • Window Treatments
  • Family Room Downstairs
  • Living Room
  • Dining Room
  • Wood Flooring

Kitchen

  • Eat-In Kitchen
  • Built-In Double Oven
  • Gas Oven or Range
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 2 Bathrooms
  • Low Flow Toliet
  • Hydromassage or Jetted Bathtub
  • Garden Bath
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Accessible Home Design

  • Low Threshold Shower

Outdoor Features

  • Deck
  • Shed

Utilities

  • Evaporated cooling system
  • Baseboard Heating
  • Hot Water Heating System
  • Programmable Thermostat
  • Water Filtration System

Community Details

  • Laundry Facilities
  • Community Storage Space

Listing and Financial Details

  • Assessor Parcel Number 2945-112-07-004
  • Seller Concessions Offered

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,209

Year Built

Built in 1950

Lot Details

0.36 Acres

Listing Details

  • Access Medical Inclusions: No Or Low Step-In Shower
  • Estimated Finished Basement Sq Ft: 250
  • Estimated Main Sq Ft: 2010
  • Estimated Unfinished Basement Sq Ft: 575
  • Bathroom Level: L-Lower Level, U-Upper Level
  • Bedroom 2 Conforming: Yes
  • Bedroom 2 Level: Upper
  • Bedroom 2 Size: 12x12.5
  • Bedroom 3 Conforming: Yes
  • Bedroom 3 Level: Upper
  • Bedroom 3 Size: 10x12.5
  • Construction: Wood Frame
  • Current Use: Residential
  • Dining Rm Lvl: Main
  • Dining Rm Size: 10x21
  • Dining Rm Type: Combo
  • Elevation: 4597
  • Exterior Features: Shed, Sprinklers
  • Family Room Level: Basement
  • Family Rm Size: 14x21
  • Gas Company: Xcel Energ
  • Heating Type: Baseboard, Hot Water
  • How Built: Site Built
  • Kitchen Lvl: Main
  • Laundry Rm Location: Basement
  • Laundry Rm Lvl: Basement
  • Laundry Rm Size: 7.5
  • Living Rm Lvl: Main
  • Living Rm Size: 18x21
  • Lot Dimensions: irregular
  • Lvt Date: 03/05/2022
  • Master Bdrm Conforming: Yes
  • Master Bdrm Lvl: Upper
  • Master Bdrm Size: 11x16
  • Bedrooms: 3
  • Patio Deck: Deck-Open
  • Property Type: Residential
  • Real Estate Incl: Yes
  • Sewer: Sewer Installed
  • Sewer Company: City Of Gj
  • Street Desc Access: City/Town
  • Style: Tri Level
  • Taxes: 2209
  • Tax Year: 2021
  • Total Acres: 0.36
  • Total Apx Sq Ft: 2835
  • Type: Single Family
  • Water: City Water
  • Zoning: R-5
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Kitchen Size: 10.5x19
  • Appliances: Dishwasher, Double Oven, Dryer, Freezer, Garbage Disposal, Gas Range Oven, Microwave, Microwave Built-In, Range Hood, Refrigerator, Washer, Water Filter, Washer Hookup, Dryer Hookup, Gas Cook Top, Wall Oven
  • Basement Foundation: Full Basement, Partial Finished Const, Partial Finished/Livable
  • Eating Space: Yes
  • Fireplace: Gas Log(s)
  • Floor: Wood
  • Interior Amenities: Ceiling Fan(s), Garage Door Opener, Garden Tub, Jetted Tub, Low Flow Toilets, Walk-In Closet(s), Walk-In Shower, Window Coverings, Pantry
  • Bathrooms: 2

Exterior Features

  • Fence: Chain Link, Privacy, Vinyl
  • Landscaping: Landscape All, Sprinklers All
  • Exterior Siding: Brick, Wood
  • Roof: Asphalt Composition

Garage/Parking

  • Garage Type: Attached Garage
  • Garage Capacity: 3

Utilities

  • Cooling Type: Evaporative Cooler
  • Electric Company: Xcel Energy
  • Water Company: Ute Water

Condo/Co-op/Association

  • Association Amenities: Laundry, Storage

Green Features

  • Energy Features: Programmable Thermostat

Lot Info

  • Lot Description: 75' - 100' Frontage
  • Lot Size: B: 0.25-0.49
  • Parcel Number: 2945-112-07-004

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2022
Closed on
Apr 8, 2022
Sold by
Bought by
Seller's Agent
BRIANA LISTER
EXP REALTY, LLC
Buyer's Agent
Michael Tofel
THE CHRISTI REECE GROUP
List Price
$600,000
Sold Price
$600,000
Current Estimated Value
$628,080

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,080
Avg. Annual Appreciation
1.06%
Original Mortgage
$474,790
Interest Rate
0.0389%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 21, 2019
Closed on
Mar 27, 2020
Sold by
Bought by
Seller's Agent
Jen Taylor
THE CHRISTI REECE GROUP
Buyer's Agent
BRIANA LISTER
EXP REALTY, LLC
List Price
$419,000
Sold Price
$412,000
Premium/Discount to List
-$7,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.34%
Original Mortgage
$329,600
Interest Rate
0.034%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2010
Sold by
Bought by

Purchase Details

Closed on
Sep 12, 2006
Sold by
Bought by

Purchase Details

Closed on
Jun 5, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
0.0677%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$601,000 New Title Company Name
$412,000 Fidelity National Title
-- None Available
-- None Available
$240,000 Meridian Land Title Llc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $474,790
Previous Owner $329,600
Previous Owner $192,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/08/2022 04/08/22 Sold $600,000 0.0% $212 / Sq Ft
03/07/2022 03/07/22 Pending -- -- --
03/05/2022 03/05/22 For Sale $600,000 +45.6% $212 / Sq Ft
03/27/2020 03/27/20 Sold $412,000 -1.7% $145 / Sq Ft View Prior Sale
01/14/2020 01/14/20 Pending -- -- --
11/21/2019 11/21/19 For Sale $419,000 -- $148 / Sq Ft
Source: Grand Junction Area REALTOR® Association

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,760 $38,110 $6,560 $31,550
2024 $2,719 $38,460 $6,180 $32,280
2023 $2,719 $38,460 $6,180 $32,280
2022 $2,201 $30,540 $5,210 $25,330
2021 $2,209 $31,420 $5,360 $26,060
2020 $1,812 $26,380 $4,650 $21,730
2019 $1,714 $26,380 $4,650 $21,730
2018 $1,842 $26,030 $4,320 $21,710
2017 $1,835 $26,030 $4,320 $21,710
2016 $1,330 $21,210 $3,980 $17,230
2015 $1,348 $21,210 $3,980 $17,230
2014 $1,217 $19,300 $3,980 $15,320
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    BRIANA LISTER

    EXP REALTY, LLC

    Section Image
  • Michael Tofel

    Buyer's Agent in 2022

    Michael Tofel

    THE CHRISTI REECE GROUP

    (970) 275-4138

    23 in this area

    172 Total Sales

    Michael Tofel
    Section Image
  • Jen Taylor

    Seller's Agent in 2020

    Jen Taylor

    THE CHRISTI REECE GROUP

    (970) 250-9682

    19 in this area

    115 Total Sales

    Jen Taylor
    Section Image
  • Christi Reece

    Seller Co-Listing Agent in 2020

    Christi Reece

    THE CHRISTI REECE GROUP

    (970) 589-7700

    49 in this area

    350 Total Sales

    Christi Reece
    Section Image
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Map

Source: Grand Junction Area REALTOR® Association

MLS Number: 20221003

Grand Junction Area REALTOR® Association

APN: 2945-112-07-004

Colorado Mesa County Grand Junction 81501 Downtown Grand Junction

551 Walnut Ave, Grand Junction, CO

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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