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1140 Walnut Ave APT 22, Grand Junction, CO, 81501

2beds
1baths
779sqft
$199,000
$255price/sqft
$1,313/moest. monthly cost
$52,520/yrincome needed

About This Home

Well-kept, move-in-ready condo in a convenient location close to downtown, shopping, restaurants, and Colorado Mesa University. This 2-bedroom, 1-bath home offers approximately 800 square feet with fresh new paint, new flooring, updated appliances and fixtures. This condo provides you an easy, low-maintenance lifestyle. Enjoy access to the swimming pool, outdoor BBQ and lounge areas. Well kept grounds and HOA that is actively maintaining the property with new landscaping, new roofs, and new exterior paint. HOA provides exterior maintenance and includes an on-site property manager. If you're ready to stop paying rent or you're looking for an investment opportunity in a desired location, this is one to see. Call Haddie Lopez for a private tour.

Getting Around

67
WalkingSomewhat Walkable
24
TransitMinimal Transit
81
BikeVery Bikeable

Schools

8/10
Tope Elementary SchoolGrades PK-50.3 mi
5/10
West Middle SchoolGrades 6-81.0 mi
5/10

Construction

Condition

  • Property condition: Excellent
  • Year built: 1979

Materials

  • Foundation: Slab
  • Roof: Other,Composition
  • Construction materials: Wood Siding,Other,Frame

Type & Style

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

Interior

Appliances

  • Laundry features: Common Area

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Heating & Cooling

  • Heating features: Baseboard
  • Cooling features: Evaporative Cooling

Interior Area

  • Total structure area: 779
  • Total interior livable area: 779 sqft

Property

Details

  • Parcel number: 294511136022
  • Zoning: RES

Lot

  • Features: Landscaped

Parking

  • Parking features: Common
  • 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
  • Earthquake
    EarthquakeModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Earthquake
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 $1,006$12,072
Home Insurance *$58$696
Property Taxes $63$756
Electricity $186$2,232
Total$1,313$15,756
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$45,017/yr
40% on housing$39,390/yr
45% on housing$35,013/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

$255This listing

vs Other Active Listings

Avg $/sqft

ZIP 81501$166
Mesa County$236

vs Homes Sold Last Month

Median $/sqft

ZIP 81501$256
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
2026-05-08Listed for sale$199,000
2024-08-30Sold$210,000
2021-08-12Sold$162,900
2019-03-23Listing removed$850
2019-01-30Listed for rent$850
2017-05-19Listing removed$750
2017-05-10Listed for rent$750
2016-03-23Listing removed$750
2016-02-16Price change$750
2016-01-08Listed for rent$895
2006-03-23Sold$73,100

For Sale by Agent

AgentHaddie Lopez
BrokerageValley Real Estate

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