554 Princess St Grand Junction, CO 81501
Downtown Grand Junction NeighborhoodEstimated payment $1,991/month
Highlights
- RV Access or Parking
- Ranch Style House
- 1 Car Attached Garage
- Vaulted Ceiling
- Formal Dining Room
- 5-minute walk to Columbine Park
About This Home
Welcome to this beautifully updated 1,620 sq ft, 3-bedroom, 1.5-bathroom home located less than a quarter mile from Rocket Park and just minutes from CMU, Saint Mary's Hospital, the VA Hospital, and downtown Grand Junction. This property blends comfort, convenience, and sustainability with its native plant xeriscaping and numerous upgrades. There is no HOA which means there will be no HOA fees, and no HOA guidelines to be limited by! Step inside to discover a spacious open-concept living area featuring updated flooring throughout, and a cozy pellet stove in the family room with vaulted ceilings. The large kitchen has been thoughtfully renovated with modern finishes, perfect for entertaining or everyday living. Enjoy peace of mind with a new roof (2018), new attic insulation (2021), new water heater (2018), new breaker box and breakers (2018), and fresh exterior paint (2025). The insulated and drywalled garage boasts epoxy flooring and an automatic door—ideal for storage, hobbies, or parking. Outside, the large backyard is a true retreat, featuring mature shade trees, an apricot tree, raised garden beds, and privacy fencing—perfect for gardening, relaxing, or hosting gatherings. North of the house is a concrete pad behind a gate to park campers, trailers and all your toys. Don’t miss this opportunity to own a well-maintained home in a prime location with easy access to parks, schools, and city amenities!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,649
Year Built
- Built in 1974
Lot Details
- 9,583 Sq Ft Lot
- Lot Dimensions are 134x70
- Privacy Fence
- Xeriscape Landscape
- Raised Garden Beds
Home Design
- Ranch Style House
- Stem Wall Foundation
- Wood Frame Construction
- Asphalt Roof
- Masonite
Interior Spaces
- 1,620 Sq Ft Home
- Vaulted Ceiling
- Family Room
- Living Room
- Formal Dining Room
Kitchen
- Electric Oven or Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Flooring
- Carpet
- Concrete
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry on main level
- Dryer
- Washer
Parking
- 1 Car Attached Garage
- Garage Door Opener
- RV Access or Parking
Outdoor Features
- Open Patio
- Shed
- Pergola
Schools
- Orchard Avenue Elementary School
- Bookcliff Middle School
- Central High School
Utilities
- Evaporated cooling system
- Forced Air Heating System
- Pellet Stove burns compressed wood to generate heat
Community Details
- Princess Subdivision
Listing and Financial Details
- Assessor Parcel Number 2943-072-11-002
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 | $1,312 | $18,560 | $4,190 | $14,370 |
| 2023 | $1,312 | $18,560 | $4,190 | $14,370 |
| 2022 | $1,151 | $15,970 | $3,480 | $12,490 |
| 2021 | $1,155 | $16,430 | $3,580 | $12,850 |
| 2020 | $958 | $13,940 | $3,220 | $10,720 |
| 2019 | $975 | $15,000 | $3,220 | $11,780 |
| 2018 | $998 | $14,000 | $3,240 | $10,760 |
| 2017 | $994 | $14,000 | $3,240 | $10,760 |
| 2016 | $895 | $14,160 | $3,180 | $10,980 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/18/2025 12/18/25 | Pending | -- | -- | -- | |
| 11/26/2025 11/26/25 | For Sale | $355,000 | 0.0% | $219 / Sq Ft | |
| 11/19/2025 11/19/25 | Pending | -- | -- | -- | |
| 11/08/2025 11/08/25 | Price Changed | $355,000 | -4.1% | $219 / Sq Ft | |
| 10/25/2025 10/25/25 | Price Changed | $370,000 | -1.1% | $228 / Sq Ft | |
| 10/09/2025 10/09/25 | Price Changed | $374,000 | -3.6% | $231 / Sq Ft | |
| 09/25/2025 09/25/25 | Price Changed | $388,000 | -3.0% | $240 / Sq Ft | |
| 09/12/2025 09/12/25 | For Sale | $400,000 | +90.5% | $247 / Sq Ft | |
| 01/02/2019 01/02/19 | Sold | $210,000 | 0.0% | $130 / Sq Ft | View Prior Sale |
| 11/27/2018 11/27/18 | Pending | -- | -- | -- | |
| 11/23/2018 11/23/18 | For Sale | $210,000 | 0.0% | $130 / Sq Ft | |
| 11/23/2018 11/23/18 | Price Changed | $210,000 | 0.0% | $130 / Sq Ft | |
| 06/11/2018 06/11/18 | Off Market | $210,000 | -- | -- | |
| 05/04/2018 05/04/18 | For Sale | $210,900 | -- | $130 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $210,000 | Heritage Title Co | |
| Warranty Deed | $139,500 | Meridian Land Title Llc | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $206,196 | FHA | |
| Previous Owner | $105,834 | Purchase Money Mortgage | |
| Previous Owner | $63,635 | Stand Alone Second | |
| Previous Owner | $22,000 | No Value Available | |
| Previous Owner | $76,100 | VA |
Source: Grand Junction Area REALTOR® Association
MLS Number: 20254464
APN: 2943-072-11-002
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