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523 Lorraine Ct

Grand Junction, CO 81504

3 bd 2 ba 1,852 sqft Built 1998 Lot 10,609 sqft single_family
Most recent sale
$415,000
Oct 12, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 12, 2022 Sold $415,000 Public Record
Oct 11, 2022 Sold $415,000 GrandJunction
Jun 27, 2022 Price changed $425,000 MLS #20222535
May 20, 2022 Listed $445,000 MLS #20222535
Jun 13, 2003 Sold $191,000 Public Record
May 15, 1998 Sold $135,700 Public Record
Dec 29, 1995 Sold $70,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $20,000 $5,000 $25,000 $2,004
2024 $20,000 $5,000 $25,000 $1,717
2023 $17,010 $4,580 $21,590 $1,678
2022 $15,080 $3,820 $18,900 $978
2021 $15,510 $3,930 $19,440 $982
2020 $15,190 $3,220 $18,410 $889
2019 $15,190 $3,220 $18,410 $847
2018 $11,610 $3,240 $14,850 $647
2017 $11,610 $3,240 $14,850 $620
2016 $12,050 $3,180 $15,230 $541
2015 $12,050 $3,180 $15,230 $548
2014 $14,810 $1,990 $16,800 $627
2013 $14,810 $1,990 $16,800 $1,145
2012 $13,220 $4,380 $17,600 $1,152
2011 $13,220 $4,380 $17,600 $1,124
2010 $16,850 $4,780 $21,630 $1,019
2009 $16,850 $4,780 $21,630 $1,294
2008 $16,850 $4,780 $21,630 $1,174
2007 $14,260 $3,580 $17,840 $1,157

Property facts

Year built
1998
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,852 sqft
Lot size
10,609 sqft
ZIP code
81504
City
Grand Junction
Street
Lorraine Ct
Coordinates
39.08137, -108.48957

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,889
Gross rental yield
11.25%
Implied cap rate
7.31%
Trend-extrapolated value

Frequently asked questions

When did 523 Lorraine Ct last sell?
523 Lorraine Ct most recently sold on Oct 12, 2022 for $415,000.
What is the current tax assessment for 523 Lorraine Ct?
The most recent total assessment for 523 Lorraine Ct (year 2025) is $25,000 with $2,004 in property tax.
How does 523 Lorraine Ct's assessment compare to its last sale price?
The current assessment is 94.0% below the last sale price of $415,000.
When was 523 Lorraine Ct built?
523 Lorraine Ct was built in 1998.
How does 523 Lorraine Ct compare to others on Lorraine Ct?
We track 3 other properties on Lorraine Ct. Browse the list under "Other properties on Lorraine Ct" to compare beds, baths, and sale history.
What are the property facts for 523 Lorraine Ct?
523 Lorraine Ct is a 3 bed, 2 bath, 1,852 sqft, 10,609 sqft lot single_family.
Is 523 Lorraine Ct a flip candidate?
No — 523 Lorraine Ct does not appear in our flips dataset.
Is 523 Lorraine Ct a tax-appeal candidate?
No — 523 Lorraine Ct is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.3%
Implied 1-yr
+5.3%
2026 Q3
$401.1K
2026 Q4
$406K
ZIP 81504 — Median Price History + Forecast

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