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540 Chipeta Avenue

540 Chipeta Avenue, Grand Junction, CO 81501
Property in Mesa
Sold Jul 13, 2023
$554,000
$526,300 by New American Funding
Mortgage Due Aug 01, 2053
Sold Mar 23, 2021
$428,000
$406,600 by Fortress Bank
Mortgage Due Apr 01, 2051
Local assessors in Grand Junction, CO have categorized 540 Chipeta Avenue as a residential type of property. The home was built in 1900 and is 124 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 6,250 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a log cabin/rustic style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 11 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 540 Chipeta Avenue has a total of 3,205 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a gable or hip style roof that was made of composition shingle. Lots of wood siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a hot water heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 540 Chipeta Avenue was last sold in Jul 12, 2023 for $554,000. According to our calculations, that's $138.15 per sqft. Prior to that sales transaction, the property was sold for $428,000 in Mar 16, 2021. Current property owners are expected to pay $2,224 in taxes per year. The property on 540 Chipeta Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $30,860. To break that down further, the land itself was valued at $4,170. While improvements to the property were assessed at a total of $26,690. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1990
  • Building Count: 2
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Frame
  • Building Style: Log cabin/Rustic
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Unspecified basement
  • Basement Area: 676
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,250
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 4,010
  • Gross Building Area: 4,010
  • Building Area: 3,205
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Hot water
  • Heated Square Feet: 3,205
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CITY OF GRAND JUNCTION RESURVEY OF SECON
  • Land Acres: 0.144
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 21 + 22 BLK 51 CITY OF GRAND JUNCTION RESURVEY OF SECOND DIVISION SEC 14 1S 1W UM RECD 4/17/1905 RECPT NO 54332 MESA CO RECDS

Ownership

  • Current Owner : ROOF CODY
  • Previous Owner : KRAGNES CHRISTOPHER ALLAN
  • Previous Owner 2: KRAGNES TIFFANY JOY
  • Owner Before Previous Owner: WEITZEL BARRY K
  • Owner Before Previous Owner 2: WEITZEL REBECCA ANNE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mesa County Valley School District 51
  • Census Tract: 000300

Geography

  • Account Number: R063671
  • Parcel: R063671
  • Block: 51
  • Lot: 21,22
  • Meridian: SEC 14 TWN 01S RNG 001W
  • Latitude: 39.0726
  • Longitude: -108.563

    Address

  • Full Address: 540 Chipeta Ave
  • Address - House Number: 540
  • Address - Street Name: Chipeta
  • Address - Suffix Type: Ave
  • State: CO
  • City Name: Grand Junction
  • Carrier Code: C005
  • 4-Digit Zip Code: 2636
  • Zip Code: 81501

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,224
  • Tax Rate Code Area: 10101

    Appraisal Valuation

  • Standard Deviation: 0.167
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 78
  • Final Value: 597,266
  • High Value: 697,047
  • Low Value: 497,485

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $526,300
  • First Open Lien Mortgage Lender: NEW AMERICAN FUNDING
  • First Open Lien Mortgage Recording Date: Jul 13, 2023
  • First Open Lien Mortgage Loan Amount: $526,300
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2053

    Market Valuation

  • Market Total Value: $444,070
  • Market Land Value: $60,000
  • Market Improvement Value: $384,070

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $30,860
  • Assessed Land Value: $4,170
  • Assessed Improvements Value: $26,690

    Sales

  • Current Sale Contract Date: Jul 12, 2023
  • Current Sale Recording Date: Jul 13, 2023
  • Current Sale Transaction ID: 11909459945
  • Current Sale Price: $554,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 3068961
  • Previous Sale Recording Date: Mar 23, 2021
  • Previous Sale Contract Date: Mar 16, 2021
  • Previous Sale Amount: $428,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW AMERICAN FUNDING
  • First Mortgage Transaction Date: Jul 13, 2023
  • First Mortgage Loan Amount: $526,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FORTRESS BANK
  • Previous Mortgage Transaction Date: Mar 23, 2021
  • Previous Mortgage Loan Amount: $406,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2051

About Grand Junction



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Frequently Asked Questions

What neighborhood is 540 Chipeta Avenue located in?
The 540 Chipeta Avenue is a located in the neighborhood of Mesa in Grand Junction, Grand Junction.
What is the average sales price for listings in 540 Chipeta Avenue?
The average sales price for units in 540 Chipeta Avenue is $0 currently.

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