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948 Northern Way APT 4, Grand Junction, CO, 81506

1beds
2baths
534sqft
$199,000
$373price/sqft
$1,306/moest. monthly cost
$52,240/yrincome needed

About This Home

Charming, efficient, and full of personality, this thoughtfully designed 1 bedroom, 1.5 bath unit offers a layout that maximizes both space and livability. From the moment you arrive, the private front patio creates a welcoming entry and the perfect spot to enjoy your morning coffee or unwind at the end of the day. Inside, the open-concept main level blends the living, dining, and kitchen areas into one cohesive space, making everyday living and entertaining feel effortless. The kitchen is both functional and inviting, featuring ample cabinetry, generous counter space, and a layout that keeps everything within reach. Large windows fill the living area with natural light, while the clean finishes and warm tones create a comfortable, easygoing atmosphere. A convenient full bath on the main level adds to the thoughtful design. Upstairs, the loft-style bedroom offers a unique and airy retreat, overlooking the living space below and creating a sense of openness rarely found at this size. The spacious layout is complemented by a half en suite bathroom, delivering both privacy and comfort. Designed for low-maintenance living, this unit is ideal for a lock-and-leave lifestyle or a savvy investment opportunity. Located just minutes from St. Mary’s Hospital, Colorado Mesa University, shopping, dining, and everyday conveniences, the location supports strong rental potential and easy owner occupancy. Clean, functional, and well-located; this is a smart opportunity wrapped in a stylish, easy-living package!

Getting Around

62
WalkingSomewhat Walkable
24
TransitMinimal Transit
64
BikeBikeable

Schools

8/10
Tope Elementary SchoolGrades PK-50.5 mi
5/10
West Middle SchoolGrades 6-81.1 mi
5/10

Construction

Condition

  • Year built: 1973

Materials

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

Type & Style

  • Home type: Condo
  • Architectural style: Two Story
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Electric Oven,Electric Range,Microwave,Refrigerator,Washer
  • Laundry features: Laundry Closet,In Hall,Washer Hookup,Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 2

Dining Room

  • Dimensions: N/A

Family Room

  • Dimensions: N/A

Features

  • Ceiling Fan(s),Granite Counters,Kitchen/Dining Combo,Upper Level Primary
  • Flooring: Carpet,Laminate,Tile
  • Fireplace features: None

Heating & Cooling

  • Heating features: Baseboard,Hot Water,Natural Gas
  • Cooling features: Evaporative Cooling

Interior Area

  • Total structure area: 534
  • Total interior livable area: 534 sqft

Kitchen

  • Level: Main
  • Dimensions: 10'x10'

Laundry

  • Level: Upper
  • Dimensions: Closet

Living Room

  • Level: Main
  • Dimensions: 15'x12'

Master Bedroom

  • Level: Upper
  • Dimensions: 9'x13'

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 294502432004
  • Zoning description: MU-1

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Open,Patio
  • Exterior features: None
  • Fencing: None

Lot

  • Lot size: 435.60 sqft
  • Features: Landscaped
  • Lot size dimensions: 15' x 23'

Parking

  • Parking features: Assigned

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 $1,006$12,072
Home Insurance *$51$612
Property Taxes $63$756
Electricity $186$2,232
Total$1,306$15,672
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$44,777/yr
40% on housing$39,180/yr
45% on housing$34,826/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

$373This listing

vs Other Active Listings

Avg $/sqft

ZIP 81506$253
Mesa County$236

vs Homes Sold Last Month

Median $/sqft

ZIP 81506$248
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
2026-04-24Listed for sale$199,000
2021-11-03Sold$156,000
2021-10-01Pending sale$150,988
2021-09-27Listed for sale$150,988
2020-06-30Sold$127,000
2020-05-29Listed for sale$127,000
2008-09-26Sold$132,900

For Sale by Agent

AgentKEY TEAM
BrokerageRIVER CITY REAL ESTATE, LLC

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