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296 Cherry Ln, Grand Junction, CO, 81503

2beds
1baths
679sqft
$274,000
$404price/sqft
$1,730/moest. monthly cost
$69,200/yrincome needed

About This Home

From the moment you step inside, you’ll fall in love with the warm hardwood floors, the fresh interior paint, and the feeling that everything here has been cared for. This home has seen major love — with updates including a new roof, furnace, appliances, water heater, plumbing, flooring, and even new gutters to keep your foundation nice and dry, plus a new fence that makes the backyard perfect for pets, play, or peaceful evenings under Colorado skies. Whether you’re looking for your first home, a downsizing dream, or an investment with excellent rental history — this one checks all the boxes. It’s cute, it’s comfortable, and it’s ready for someone new to call it home. Don’t wait — homes with this much heart on Cherry Lane don’t come around often. Come see why everyone falls in love the moment they walk through the door!

Getting Around

29
WalkingCar-Dependent
16
TransitMinimal Transit
42
BikeSomewhat Bikeable

Schools

5/10
5/10

Construction

Condition

  • Year built: 1947

Materials

  • Foundation: Block
  • Roof: Asphalt,Composition
  • Construction materials: Wood Siding,Wood Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Electric Oven,Electric Range,Microwave,Refrigerator,Washer
  • Laundry features: Washer Hookup,Dryer Hookup

Basement

  • Has basement: Yes
  • Basement: Block

Bedroom2

  • Level: Main
  • Dimensions: 8x10

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1

Dining Room

  • Level: Main
  • Dimensions: 11x13

Family Room

  • Dimensions: N/A

Features

  • Kitchen/Dining Combo,Main Level Primary,None
  • Flooring: Hardwood
  • Fireplace features: None

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Evaporative Cooling

Interior Area

  • Total structure area: 679
  • Total interior livable area: 679 sqft

Kitchen

  • Level: Main
  • Dimensions: 11x11

Laundry

  • Level: Main
  • Dimensions: 9x6

Living Room

  • Level: Main
  • Dimensions: 11x13

Master Bedroom

  • Level: Main
  • Dimensions: 8.5x11

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 294525100007
  • Zoning description: RM-8

Features

  • Stories: 1
  • Patio & porch: Covered,Open,Patio
  • Exterior features: Shed
  • Fencing: Privacy

Lot

  • Lot size: 3,920 sqft
  • Features: None
  • Lot size dimensions: 100 x 37

Parking

  • Total spaces: 1
  • Parking features: Carport
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Inland Flooding
Winter Weather

FEMA Declared Disasters Across Colorado Counties

Fire
Flood
Severe Storm
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,385$16,620
Home Insurance *$73$876
Property Taxes $86$1,032
Electricity $186$2,232
Total$1,730$20,760
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$59,314/yr
40% on housing$51,900/yr
45% on housing$46,133/yr

Colorado FAIR Plan Programs

Colorado FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 13.1%
13.1%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 2.9%
2.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$404This listing

vs Other Active Listings

Avg $/sqft

ZIP 81503$201
Mesa County$236

vs Homes Sold Last Month

Median $/sqft

ZIP 81503$261
Mesa County$263

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-04Listed for sale$274,000
2026-02-13Pending sale$274,000
2025-11-18Price change$274,000
2025-10-13Listed for sale$279,000
2024-03-11Sold$255,000
2024-02-11Pending sale$250,000
2024-01-16Listed for sale$250,000
2022-01-20Sold$75,000
1996-11-14Sold$43,000

For Sale by Agent

AgentMICHELLE EVANS
BrokerageCOLDWELL BANKER DISTINCTIVE PROPERTIES

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