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Off market
  • $281,200

    5225 Balsam St APT 1, Arvada, CO 80002

    2beds
    762sqft
    Other
    Built in 1962
    435 Square Feet Lot
    $281,200 Zestimate®
    $369/sqft
    $1,754 Estimated rent

    Home value

    $281,200

    $262,000 - $301,000

    $1,754/mo

    Zestimate® history
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    $1,636/mo

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    What's special

    Private storage shedFresh paintStainless steel appliancesAbundance of natural lightTwo spacious bedroomsCenter islandOpen concept home

    Attention buyers and investors, move into one of the cutest condos in the 80002 or unlock the potential of your portfolio with this exceptional income property opportunity, a charming two-story condo in prime Arvada location! Whether you're looking or a primary residence or starting or expanding your investment portfolio, this property promises lucrative returns in a thriving location just moments from Olde Town Arvada. Enhancing the property's value and appeal to buyers or tenants alike, is fresh paint and newer luxury vinyl plank flooring that leads you into the heart of this open concept home with an abundance of natural light. The kitchen features updated granite countertops, stainless steel appliances, a center island, and a pantry, making it a chef's dream and the focal point for entertaining. Upstairs, you'll find two spacious bedrooms (without carpet) and a completely renovated bathroom, providing a stable foundation for of durability and minimal out of pocket expenses. Step outside to a private patio, enclosed by a fence, offering an ideal space for gatherings and relaxation. Located steps away is a generously sized open space, perfect for outdoor activities and enjoying the fresh air. This unit also has its own private storage shed. With its close proximity to shopping, dining, and parks, this residence provides unparalleled convenience and access to the best of the area. Don't waitâ€â€schedule your showing today and take advantage of this rare opportunity to secure a reliable income stream and build wealth through real estate investment or your very own primary residence in one of Arvada's most sought-after neighborhoods.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Source: EXIT Realty broker feed,MLS#: 3603672

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Baseboard
    Features
    • Basement:
    • Has fireplace: No
    Interior area
    • Total structure area: 762
    • Total interior livable area: 762 sqft

    Property

    Lot
    • Size: 435 Square Feet
    Details
    • Parcel number: 3914211021

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Other
    Condition
    • Year built: 1962

    Community & HOA

    Location
    • Region: Arvada

    Financial & listing details

    • Price per square foot: $369/sqft
    • Tax assessed value: $304,595
    • Annual tax amount: $1,667
    • Date on market: 5/4/2025
    • Lease term: Contact For Details

    Price history

    DateEventPrice
    10/29/2025Listing removed$2,150$3/sqft
    Source: Zillow Rentals Report a problem
    10/14/2025Price change$265,900-3.3%$349/sqft
    Source: EXIT Realty broker feed #3603672 Report a problem
    9/22/2025Listed for rent$2,150$3/sqft
    Source: Zillow Rentals Report a problem
    9/13/2025Price change$275,000-8.3%$361/sqft
    Source: EXIT Realty broker feed #3603672 Report a problem
    8/21/2025Price change$299,999-3.1%$394/sqft
    Source: Exit Realty #3603672 Report a problem
    7/26/2025Price change$309,500-0.2%$406/sqft
    Source: Exit Realty #3603672 Report a problem
    6/14/2025Listed for sale$310,000-1.6%$407/sqft
    Source: Exit Realty #3603672 Report a problem
    5/10/2025Listing removed$315,000$413/sqft
    Source: Exit Realty #3603672 Report a problem
    5/4/2025Listed for sale$315,000-3.1%$413/sqft
    Source: Exit Realty #3603672 Report a problem
    9/13/2024Listing removed$325,000$427/sqft
    Source: Exit Realty #1938429 Report a problem
    8/27/2024Price change$325,000+1.6%$427/sqft
    Source: Exit Realty #1938429 Report a problem
    8/17/2024Listed for sale$320,000+56.1%$420/sqft
    Source: Exit Realty #1938429 Report a problem
    7/30/2018Sold$205,000$269/sqft
    Source: Public Record Report a problem
    6/6/2018Pending sale$205,000$269/sqft
    Source: KELLER WILLIAMS AVENUES REALTY #7735960 Report a problem
    6/1/2018Listed for sale$205,000$269/sqft
    Source: KELLER WILLIAMS AVENUES REALTY #7735960 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,667 -0.1%$19,037 +13.7%
    2024$1,669 +10.6%$16,747
    2023$1,509 -1.5%$16,747 +11.3%
    2022$1,532 +23.6%$15,051 -2.8%
    2021$1,240 $15,484 +23.4%
    2020$1,240 +1.3%$12,548
    2019$1,223 +68.5%$12,548 +73.4%
    2018$726 $7,236
    2017$726 +4.6%$7,236 +3.3%
    2016$694 +100%$7,005 -38.1%
    2015$347 -53.9%$11,319 +56.6%
    2014$752 +17.3%$7,228
    2013$641 +2.1%$7,228 +16.3%
    2012$628 -1.5%$6,217
    2011$638 +5.4%$6,217 -2.2%
    2010$605 -16.6%$6,360
    2009$725 +0%$6,360 -16.4%
    2008$725 -0.5%$7,610
    2007$729 +0.9%$7,610 +0.5%
    2006$722 +7.6%$7,570 +7.5%
    2005$671 +8.9%$7,040
    2004$616 +21.2%$7,040
    2003$508 +1.5%$7,040 +23.1%
    2002$501 -1.5%$5,720 +10.2%
    2001$508 -1.1%$5,190
    2000$514 $5,190
    Find assessor info on the county website

    Neighborhood: 80002

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $281,200
    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
    $281,200