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Sold for $395,000
    • $395,000

    5230 Balsam Street, Arvada, CO 80002

    --beds
    --baths
    0.77Acres
    Improved Land
    Built in ----
    0.77 Acres Lot
    $424,000 Zestimate®
    $--/sqft
    $-- Estimated rent

    Home value

    $424,000

    $403,000 - $449,000

    Not available

    Zestimate® history

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    What's special

    Prime development opportunity just minutes from Olde Town Arvada! This R-13 zoned lot offers incredible potential for a multi-family project in one of the area’s most desirable and rapidly growing locations. Situated near shopping, dining, light rail, and all the charm Olde Town has to offer, this property is ideal for investors or developers looking to capitalize on strong rental demand and continued neighborhood growth. Property is being sold as-is. Buyer to verify zoning, development possibilities, and all due diligence. Don’t miss this chance to build in a high-demand corridor with excellent upside potential.

    Zillow last checked:

    Listing updated:

    Listed by:

    Rodney Gallegos 303-875-5865 rodneygallegos@gmail.com,

    Keller Williams Advantage Realty LLC,

    Sarah Gallegos 720-933-9331,

    Keller Williams Advantage Realty LLC

    Bought with:

    Lori Kingsbury, 100020179

    Parkview Real Estate

    Source: REcolorado as distributed by MLS GRID,MLS#: 8023569MLS Logo

    Facts & features

    Property

    Parking
    • Total spaces: 2
    • Parking features: Oversized
    • Garage spaces: 2
    Features
    • Fencing: Partial
    Lot
    • Size: 0.77 Acres
    Details
    • Parcel number: 004496
    • Zoning: R13
    • Special conditions: Standard

    Utilities & green energy

    • Electric: 110V
    • Sewer: Public Sewer
    • Water: Agriculture/Ditch Water, Private, Public, Well
    • Utilities for property: Electricity Connected, Natural Gas Available

    Community & HOA

    Community
    • Subdivision: Unknown
    HOA
    • Has HOA: No
    Location
    • Region: Arvada

    Financial & listing details

    • Tax assessed value: $559,038
    • Annual tax amount: $3,061
    • Date on market: 4/2/2026
    • Listing terms: Cash,Conventional
    • Exclusions: None
    • Ownership: Estate
    • Has irrigation water rights: Yes
    • Electric utility on property: Yes
    • Road surface type: Dirt

    Price history

    DateEventPrice
    9/21/2026Sold$395,000-21%
    Source: REcolorado as distributed by MLS GRID #8023569 Report a problem
    8/26/2026Pending sale$499,900
    Source: REcolorado as distributed by MLS GRID #8023569 Report a problem
    8/13/2026Price change$499,900-9.1%
    Source: REcolorado as distributed by MLS GRID #8023569 Report a problem
    7/31/2026Price change$549,900-8.2%
    Source: REcolorado as distributed by MLS GRID #8023569 Report a problem
    7/15/2026Price change$599,000-7.8%
    Source: REcolorado as distributed by MLS GRID #8023569 Report a problem
    6/10/2026Price change$650,000-6.5%
    Source: REcolorado as distributed by MLS GRID #8023569 Report a problem
    5/19/2026Price change$695,000-4.1%
    Source: REcolorado as distributed by MLS GRID #8023569 Report a problem
    4/16/2026Price change$725,000-9.4%
    Source: REcolorado as distributed by MLS GRID #8023569 Report a problem
    4/2/2026Listed for sale$799,900
    Source: REcolorado as distributed by MLS GRID #8023569 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,061 -0.1%$34,940 +13.6%
    2024$3,064 +11.1%$30,753
    2023$2,758 -1.5%$30,753 +11.8%
    2022$2,799 +5.8%$27,502 -2.8%
    2021$2,644 $28,294 +5.7%
    2020$2,644 +1.3%$26,765
    2019$2,609 +18.8%$26,765 +22.2%
    2018$2,197 $21,898
    2017$2,197 -2.6%$21,898 -3.8%
    2016$2,255 +100%$22,761
    2015$1,127 -36.6%$22,761 +33.1%
    2014$1,779 +1.2%$17,102
    2013$1,757 +2.1%$17,102 +0.3%
    2012$1,722 -6.9%$17,045
    2011$1,849 +5.5%$17,045 -7.5%
    2010$1,752 +0.9%$18,430
    2009$1,736 +0%$18,430 +1.2%
    2008$1,736 +1.2%$18,220
    2007$1,715 +0.9%$18,220 +2.2%
    2006$1,699 -0.8%$17,820 -0.8%
    2005$1,713 +8.9%$17,970
    2004$1,572 -10.4%$17,970
    2003$1,754 +1.5%$17,970 -9%
    2002$1,728 +31.8%$19,740 +47.5%
    2001$1,310 -1.1%$13,380
    2000$1,325 $13,380
    Find assessor info on the county website

    Neighborhood: 80002

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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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