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Sold for $394,995
    • $394,995

    5185 Balsam St, Colorado Springs, CO 80923

    4beds
    1,648sqft
    Single Family Residence
    Built in 1997
    5,000 Square Feet Lot
    $394,400 Zestimate®
    $240/sqft
    $2,324 Estimated rent

    Home value

    $394,400

    $375,000 - $414,000

    $2,324/mo

    Zestimate® history
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    What's special

    Fully fenced backyardFresh interior paintFour bedroomsTwo bathroomsBeautifully refinished hardwood floorsBrand-new carpet
    Beautifully updated ranch-style home in the highly desirable Sundown neighborhood! This well-laid-out property offers four bedrooms and two bathrooms, with two bedrooms on the main level and two additional bedrooms on the lower level. The main level features a full bathroom, while the lower level includes a 3/4 bath, perfect for guests or additional living space. Enjoy both a bright main-level living room and a spacious family room in the lower level, providing flexible areas for relaxing or entertaining. Recent updates include fresh interior paint, brand-new carpet, and beautifully refinished hardwood floors, giving the home a clean, move-in-ready feel. The large lower-level laundry room offers versatility with hookups for either a gas or electric dryer. Outside, you’ll find a fully fenced backyard, ideal for pets, play, or outdoor gatherings. Conveniently located close to schools, trails, and shopping, this home combines comfort, updates, and an excellent location—don’t miss the opportunity to make it yours!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeffrey Johnson 719-930-5169,

    Keller Williams Premier Realty,

    Dan Steinhour MRP SRES 719-290-0244

    Bought with:

    Jeffrey Johnson

    Keller Williams Premier Realty

    Source: elevateMLS,MLS#: 6943360MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    Other
    • Level: Main
    • Area: 156 Square Feet
    • Dimensions: 13 x 12
    Heating
    • Forced Air
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Microwave, Range, Refrigerator
    • Laundry: In Basement
    Features
    • Flooring: Carpet, Tile, Wood
    • Windows: Window Coverings
    • Basement: Full,Partially Finished
    • Number of fireplaces: 1
    • Fireplace features: Gas, One
    Interior area
    • Total structure area: 1,648
    • Total interior livable area: 1,648 sqft
    • Finished area above ground: 832
    • Finished area below ground: 816

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Garage Door Opener, Concrete Driveway
    • Attached garage spaces: 2
    Features
    • Patio & porch: Concrete
    • Fencing: Back Yard
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 5,000 Square Feet
    • Features: Level, See Remarks, Hiking Trail, Near Fire Station, Near Hospital, Near Park, Near Schools, Near Shopping Center
    Details
    • Parcel number: 6313221033

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Ranch
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding, Framed on Lot
    • Roof: Composite Shingle
    Condition
    • Existing Home
    • New construction: No
    • Year built: 1997

    Utilities & green energy

    • Water: Municipal
    • Utilities for property: Electricity Connected, Natural Gas Connected

    Community & HOA

    Location
    • Region: Colorado Springs

    Financial & listing details

    • Price per square foot: $240/sqft
    • Tax assessed value: $399,241
    • Annual tax amount: $1,332
    • Date on market: 1/2/2026
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Electric utility on property: Yes

    Price history

    DateEventPrice
    2/6/2026Sold$394,995$240/sqft
    Source: elevateMLS #6943360 Report a problem
    1/3/2026Contingent$394,995$240/sqft
    Source: elevateMLS #6943360 Report a problem
    1/2/2026Listed for sale$394,995$240/sqft
    Source: elevateMLS #6943360 Report a problem
    12/2/2025Listing removed$2,095$1/sqft
    Source: Zillow Rentals Report a problem
    11/24/2025Listed for rent$2,095+20.1%$1/sqft
    Source: Zillow Rentals Report a problem
    10/30/2025Price change$394,995-1.2%$240/sqft
    Source: elevateMLS #7424143 Report a problem
    10/2/2025Price change$399,900-4.8%$243/sqft
    Source: elevateMLS #7424143 Report a problem
    9/30/2025Listed for sale$419,900$255/sqft
    Source: elevateMLS #7424143 Report a problem
    8/25/2025Listing removed$419,900$255/sqft
    Source: elevateMLS #7424143 Report a problem
    7/19/2025Price change$419,900-2.3%$255/sqft
    Source: elevateMLS #7424143 Report a problem
    5/25/2025Listed for sale$429,900+127.5%$261/sqft
    Source: elevateMLS #7424143 Report a problem
    5/1/2021Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    4/16/2021Listed for rent$1,745$1/sqft
    Source: Zillow Rental Network Premium Report a problem
    8/23/2009Listing removed$189,000$115/sqft
    Source: Matthew Jones #483449 Report a problem
    5/25/2009Listed for sale$189,000+6.5%$115/sqft
    Source: Matthew Jones #483449 Report a problem
    11/17/2005Sold$177,500+14.5%$108/sqft
    Source: Public Record Report a problem
    10/1/2002Sold$155,000+44.9%$94/sqft
    Source: Public Record Report a problem
    6/4/1997Sold$107,000+357.3%$65/sqft
    Source: Public Record Report a problem
    4/14/1997Sold$23,400$14/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$1,232 +6.8%$26,750
    2023$1,154 -7.5%$26,750 +38.8%
    2022$1,248 $19,270 -2.8%
    2021-- $19,820 +16.4%
    2020$1,223 +0.5%$17,030
    2019$1,217 +15.4%$17,030 +18.6%
    2018$1,054 -5%$14,360
    2017$1,110 +5.3%$14,360 +2.1%
    2016$1,054 +21.1%$14,070
    2015$871 +6.2%$14,070 +10%
    2014$820 $12,790
    2013-- --
    2012-- $13,190
    2011$883 $13,190 -6%
    2010-- $14,030
    2009-- $14,030 +4%
    2008-- $13,490
    2006-- $13,490 +50.6%
    2004-- $8,960
    2003$946 +2.6%$8,960 -23.9%
    2002$921 +17.1%$11,770 +20.5%
    2001$787 $9,770
    Find assessor info on the county website

    Neighborhood: Northeast Colorado Springs

    Nearby homes

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Colorado Springs 11

    Source: elevateMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $394,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $394,400

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