**** This home is part of an AFFORDABLE HOMEOWNERSHIP PROGRAM through Elevation Community Land Trust
(ECLT)***** Introducing this recently updated condo in the desirable Arvada neighborhood, providing an optimal setting to discover your ideal home. Featuring two bedrooms, this two-story condo boasts a bright and spacious living room on the first floor, filling the space with natural light. The modern kitchen is fully stocked with a selection of new stainless steel appliances, including a fridge, dishwasher, microwave, and stove. In-unit washer and dryer connections are also included. Inside the unit, there is a private patio enclosed by a fence, offering a great spot for gatherings and entertainment. Upstairs, you will find two bedrooms and a fully renovated bathroom complete with all necessary amenities. Nearby, there is a generously sized open area just a short distance away. This home offers easy access to various shopping areas and parks, as it is conveniently located just one mile from Olde Town Arvada.
*** It comes with an $8k exclusively for an interest rate buydown.
Only ECLT-qualified homebuyers whose letters of qualification indicate they are under the MTSP income limits are eligible to purchase this home. ****
Sold for $204,000
$204,000
5225 Balsam Street #35, Arvada, CO 80002
--beds
0baths
776sqft
Condominium
Built in 1980
-- sqft lot
$226,900 Zestimate®
$263/sqft
$1,542 Estimated rent
Home value
$226,900
$206,000 - $247,000
$1,542/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Merima Brkic 303-304-3888,
Invalesco Real Estate
Bought with:
Lisa Mooney, 40018665
RE/MAX Professionals
Source: REcolorado as distributed by MLS GRID,MLS#: 8698752
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Bedroom
- Level: Upper
Bedroom
- Level: Upper
Bathroom
- Level: Upper
Dining room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Baseboard
Cooling
- Air Conditioning-Room
Appliances
- Included: Dishwasher, Microwave, Oven, Range, Refrigerator
- Laundry: Common Area, In Unit
Features
- Flooring: Carpet, Laminate
- Has basement: No
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 776
- Total interior livable area: 776 sqft
- Finished area above ground: 776
Property
Parking
- Total spaces: 1
- Details: Off Street Spaces: 1
Features
- Levels: Two
- Stories: 2
- Exterior features: Private Yard
- Fencing: Full
Lot
- Size: 436 Square Feet
Details
- Parcel number: 163502
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Brick, Frame
- Roof: Composition
Condition
- Year built: 1980
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected
Community & HOA
Community
- Subdivision: West Park Condos
HOA
- Has HOA: Yes
- Amenities included: Coin Laundry
- Services included: Reserve Fund, Exterior Maintenance w/out Roof, Maintenance Grounds, Maintenance Structure, Road Maintenance
- HOA fee: $343 monthly
- HOA name: Vista Management
- HOA phone: 303-429-2611
Location
- Region: Arvada
Financial & listing details
- Price per square foot: $263/sqft
- Tax assessed value: $195,021
- Annual tax amount: $935
- Date on market: 4/30/2024
- Listing terms: Conventional
- Exclusions: Seller's Personal Property
- Ownership: Corporation/Trust
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 7/22/2024 | Sold | $204,000$263/sqft |
Source:  REcolorado as distributed by MLS GRID #8698752 Report a problem | ||
| 6/21/2024 | Pending sale | $204,000$263/sqft |
Source: REcolorado as distributed by MLS GRID #8698752 Report a problem | ||
| 4/29/2024 | Listed for sale | $204,000$263/sqft |
Source: REcolorado as distributed by MLS GRID #8698752 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $934 -0.1% | $12,189 +29.9% |
| 2024 | $935 -36% | $9,382 |
| 2023 | $1,462 -1.5% | $9,382 -35.6% |
| 2022 | $1,483 +7.5% | $14,578 -2.8% |
| 2021 | $1,380 | $14,997 +7.4% |
| 2020 | $1,380 +1.3% | $13,969 |
| 2019 | $1,362 +72% | $13,969 +77% |
| 2018 | $792 | $7,891 |
| 2017 | $792 +6.8% | $7,891 +5.5% |
| 2016 | $741 +100% | $7,482 -37.1% |
| 2015 | $371 -51.7% | $11,892 +61.2% |
| 2014 | $768 +13.8% | $7,379 |
| 2013 | $675 +2.1% | $7,379 +12.8% |
| 2012 | $661 -1% | $6,543 |
| 2011 | $667 +5.5% | $6,543 -1.6% |
| 2010 | $632 -16% | $6,650 |
| 2009 | $753 +0% | $6,650 -15.8% |
| 2008 | $753 -1.8% | $7,900 |
| 2007 | $766 +0.9% | $7,900 -0.8% |
| 2006 | $759 +6.5% | $7,960 +6.4% |
| 2005 | $713 +8.9% | $7,480 |
| 2004 | $654 +20.7% | $7,480 |
| 2003 | $542 +1.5% | $7,480 +22.6% |
| 2002 | $534 +5.6% | $6,100 +18.2% |
| 2001 | $505 -1.1% | $5,160 |
| 2000 | $511 | $5,160 |
Find assessor info on the county website
Neighborhood: 80002
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Nearby schools
GreatSchools rating
- 2/10Arvada K-8Grades: K-8Distance: 0.7 mi
- 3/10Arvada High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Lawrence
- Middle: Arvada K-8
- High: Arvada
- District: Jefferson County R-1
Source: REcolorado as distributed by MLS GRID. 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
$226,900
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Estimated market value
$226,900
- Colorado
- Jefferson County
- Arvada
- 80002
- 5225 Balsam Street Unit 35
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