$280,000
SOLD AUG 19, 2025
2 Beds
1 Bath
738 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$379 Per Sq Ft

20% Below List Price

26 Days on Market

Highlights

  • Covered Deck
  • Wood Flooring
  • Picket Fence
  • Living Room with Fireplace
  • Main Floor Primary Bedroom
  • 2 Car Detached Garage

About This Home

As of August 2025

Welcome to 735 Teller Avenue – a rare investment opportunity in the heart of Grand Junction with exceptional development potential. Situated on THREE city lots totaling nearly a quarter acre, this property offers a unique chance to expand, develop, or simply enjoy extra space in an established neighborhood. The existing 2-bedroom, 1-bath home features solid bones and a functional layout—ideal for investors, flippers, or savvy buyers looking to build sweat equity. Whether you’re renovating to rent, updating to sell, or customizing your forever home, this property is a blank canvas ready for your vision. But the real value lies in the land. With three city lots, there’s potential to build an additional residence, add one or more Accessory Dwelling Units (ADUs), or explore other development options. Live in one home while building another, generate rental income, or create a multi-generational living setup—the possibilities are truly exciting. Located just minutes from downtown, schools, shopping, and parks, 735 Teller Avenue offers both location and opportunity in one appealing package. Don’t miss out on this versatile property with room to grow—literally.

Last Agent to Sell the Property

Mark Towner

RE/MAX RISE UP License #FA100074480 Listed on: 06/13/2025

RE/MAX RISE UP

Last Buyer's Agent

LINDSAY WEAVER

RE/MAX 4000, INC License #FA100052083

RE/MAX 4000, INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,456

Year Built

  • Built in 1950

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 75 x 125
  • Picket Fence
  • Partially Fenced Property

Parking

  • 2 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 738 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Unfinished Basement
  • Laundry in Basement
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 1 Bathroom

Outdoor Features

  • Covered Deck
  • Shop

Schools

  • Chipeta Elementary School
  • West Middle School
  • Grand Junction High School

Utilities

  • Evaporated cooling system
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 2945-141-14-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,456

Year Built

Built in 1950

Lot Details

0

Listing Details

  • 3 Phase: Unknown
  • Estimated Irrigation Acres: 0.22
  • Estimated Main Sq Ft: 738
  • Estimated Unfinished Basement Sq Ft: 738
  • Bathroom Level: M-Main Level
  • Construction: Wood Frame
  • Current Use: Residential
  • Dining Rm Lvl: Main
  • Dining Rm Type: Informal
  • Elevation: 4608
  • Exterior Features: Shop
  • Gas Company: Xcel
  • Heating Type: Forced Air
  • How Built: Site Built
  • Kitchen Lvl: Main
  • Laundry Rm Lvl: Basement
  • Living Rm Lvl: Main
  • Lot Dimensions: 75 x 125
  • Lvt Date: 06/13/2025
  • Master Bdrm Lvl: Main
  • Bedrooms: 2
  • Patio Deck: Deck-Covered, Deck-Open
  • Property Type: Residential
  • Real Estate Incl: Yes
  • Sewer: Sewer Installed
  • Sewer Company: City Of Gj
  • Street Desc Access: City/Town
  • Taxes: 1456.05
  • Tax Year: 2025
  • Total Acres: 0.22
  • Total Apx Sq Ft: 738
  • Type: Single Family
  • Water: City Water
  • Zoning: R
  • Display On Internet: Yes
  • Year Built: 1950
  • Directions: Heading East on North Avenue, take a right on N 7th, Left on Teller, property is on the right hand side.
  • Subdivision Name: N/A
  • AdditionalLivingSpace: None
  • Financials Assumable Mortgage: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bathroom Description: Full Bath
  • Appliances: Dishwasher
  • Basement Foundation: Unfinished
  • Fireplace: Living Room
  • Floor: Hardwood
  • Interior Amenities: Ceiling Fan(s)
  • Bathrooms: 1
  • Price Per Sq Ft: 379.4

Exterior Features

  • Fence: Partial, Picket
  • Exterior Siding: Wood
  • Roof: Asphalt Composition

Garage/Parking

  • Garage Type: Detached Garage
  • Garage Capacity: 2

Utilities

  • Cooling Type: Evaporative Cooler
  • Electric Company: Xcel
  • Water Company: City of GJ

Schools

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

Lot Info

  • Lot Description: 0' - 75' Frontage
  • Lot Size: A: 0-0.24
  • Parcel Number: 2945-141-14-016
  • Geo Update Timestamp: 2025-06-14
  • Geo Subdivision: CO

MLS Schools

  • Middle School: West

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2025
Closed on
Aug 19, 2025
Sold by
Jordan Brenda Joy
Bought by
Forman Daniel
Seller's Agent
Mark Towner
RE/MAX RISE UP
Buyer's Agent
LINDSAY WEAVER
RE/MAX 4000, INC
List Price
$349,000
Sold Price
$280,000
Premium/Discount to List
-$69,000
-19.77%
Views
56

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.29%
Original Mortgage
$100,000
Interest Rate
6.72%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 30, 2018
Sold by
Jordan Ted S
Bought by
Jordan Brenda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,487
Interest Rate
5.37%
Mortgage Type
FHA
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 Type Sale Price Title Company
Personal Reps Deed $280,000 None Listed On Document
Quit Claim Deed -- Land Title Guarantee
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $100,000 Seller Take Back
Open $385,000 Construction
Previous Owner $86,487 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 Sold $280,000 -6.7% $379 / Sq Ft
07/09/2025 07/09/25 Pending -- -- --
07/01/2025 07/01/25 Price Changed $299,999 -7.7% $407 / Sq Ft
06/17/2025 06/17/25 Price Changed $325,000 -6.9% $440 / Sq Ft
06/13/2025 06/13/25 For Sale $349,000 -- $473 / 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 $1,066 $15,080 $4,580 $10,500
2023 $1,066 $15,080 $4,580 $10,500
2022 $1,135 $15,740 $4,170 $11,570
2021 $1,138 $16,190 $4,290 $11,900
2020 $910 $13,240 $3,580 $9,660
2019 $860 $13,240 $3,580 $9,660
2018 $689 $9,740 $3,240 $6,500
2017 $687 $9,740 $3,240 $6,500
2016 $684 $10,910 $3,380 $7,530
2015 $693 $10,910 $3,380 $7,530
2014 $595 $9,430 $2,790 $6,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Grand Junction Area REALTOR® Association

MLS Number: 20252836

Grand Junction Area REALTOR® Association

APN: 2945-141-14-016