
735 Teller Ave Grand Junction, CO 81501
Downtown Grand Junction NeighborhoodEstimated payment $1,749/month
About This Home
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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,066
Year Built
- Built in 1950
Lot Details
- 9,583 Sq Ft Lot
- Lot Dimensions are 75 x 125
Home Design
- 738 Sq Ft Home
- Stick Built Home
Bedrooms and Bathrooms
- 2 Bedrooms
- 0.5 Bathroom
Parking
- 2 Car Detached Garage
- RV or Boat Parking
Schools
- Chipeta K-5 Elementary School
- West 6-8 Middle School
- Grand Junction 9-12 High School
Utilities
- Internet Available
Listing and Financial Details
- Assessor Parcel Number 294514114016
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 | $1,066 | $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 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
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 |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Quit Claim Deed | -- | Land Title Guarantee |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $104,000 | New Conventional | |
Closed | $86,487 | FHA | |
Previous Owner | $49,925 | New Conventional | |
Previous Owner | $16,341 | Credit Line Revolving | |
Previous Owner | $59,100 | Unknown | |
Previous Owner | $59,200 | Unknown | |
Previous Owner | $60,142 | Unknown |
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Source: Colorado Real Estate Network (CREN)
MLS Number: 825417

APN: 2945-141-14-016
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