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For sale
    • Price cut: $150K (6/17)
    $550,000

    5396 Balsam Street, Arvada, CO 80002

    3beds
    1,058sqft
    : 
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    Single Family Residence
    Built in 1949
    0.58 Acres Lot
    $546,600 Zestimate®
    $520/sqft
    $-- HOA

    What's special

    Sellers are MOTIVATED! Welcome to 5396 Balsam Street in the heart of Arvada! This 3-bedroom, 1-bath home sits on an expansive 25,265 sq. ft. lot offering a rare opportunity for both homeowners and investors. The property’s generous size and multi-unit zoning create outstanding development potential—whether you envision building additional residences, exploring income-producing opportunities, or designing your own dream retreat. The existing home provides comfortable living with three well-sized bedrooms, a full bath, and a functional floor plan. Surrounded by mature trees and open space, the oversized lot delivers a sense of privacy while still being close to everything Arvada has to offer. Enjoy easy access to Olde Town Arvada’s shops, dining, and light rail, as well as nearby parks, schools, and major commuter routes. This property combines current livability with incredible future upside—making it a truly unique find in today’s market. Additionally, the owners of several adjacent properties are willing to sell for the right price so a larger assemblage would be an option. The subject property is zoned R13 and the parcels to the North are zoned R24 so the possible density options are attractive. Consult with Arvada City planning to fully understand the potential. Don’t miss the chance to own a piece of Arvada with very attractive development possibilities!
    319 days
    |
    711
    |
    35
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Donald Betts 303-888-4874 Bettsdonald@mac.com,

    eXp Realty, LLC

    Source: REcolorado as distributed by MLS GRID,MLS#: 3332622MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 1
      • Full bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 3
      Bedroom
      • Description: Bedroom One
      • Level: Main
      • Area: 130.88 Square Feet
      • Dimensions: 10.33 x 12.67
      Bedroom
      • Description: Bedroom Two
      • Level: Main
      • Area: 108.47 Square Feet
      • Dimensions: 10.33 x 10.5
      Bedroom
      • Description: Bedroom Three
      • Level: Main
      • Area: 100.13 Square Feet
      • Dimensions: 11.67 x 8.58
      Bathroom
      • Description: Main Bathroom
      • Level: Main
      • Area: 53.69 Square Feet
      • Dimensions: 7 x 7.67
      Dining room
      • Description: Dining Room
      • Level: Main
      • Area: 83.84 Square Feet
      • Dimensions: 9.67 x 8.67
      Kitchen
      • Description: Kitchen
      • Level: Main
      • Area: 171.64 Square Feet
      • Dimensions: 9.67 x 17.75
      Laundry
      • Description: Laundry Closet
      • Level: Main
      • Area: 14 Square Feet
      • Dimensions: 7 x 2
      Living room
      • Description: Living Room
      • Level: Main
      • Area: 129.77 Square Feet
      • Dimensions: 9.67 x 13.42
      Heating
      • Forced Air
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Oven, Refrigerator, Washer
      • Laundry: Laundry Closet
      Features
      • No Stairs
      • Flooring: Carpet, Vinyl, Wood
      • Has basement: No
      Interior area
      • Total structure area: 1,058
      • Total interior livable area: 1,058 sqft
      • Finished area above ground: 1,058

      Property

      Parking
      • Total spaces: 8
      • Parking features: Circular Driveway, Oversized
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      • Details: Off Street Spaces: 6
      Features
      • Levels: One
      • Stories: 1
      • Entry location: Ground
      • Patio & porch: Deck, Front Porch
      • Fencing: Partial
      Lot
      • Size: 0.58 Acres
      • Features: Level, Sloped, Subdividable
      Details
      • Parcel number: 004272
      • Zoning: R 13
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Bungalow
      • Property subtype: Single Family Residence
      Materials
      • Frame, Wood Siding
      • Foundation: Concrete Perimeter
      • Roof: Composition
      Condition
      • Fixer
      • Year built: 1949

      Utilities & green energy

      • Electric: 110V
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected

      Community & HOA

      Community
      • Subdivision: Arvada Old Town
      HOA
      • Has HOA: No
      Location
      • Region: Arvada

      Financial & listing details

      • Price per square foot: $520/sqft
      • Tax assessed value: $567,602
      • Annual tax amount: $4,089
      • Date on market: 8/28/2025
      • Listing terms: 1031 Exchange,Cash,Conventional,FHA
      • Exclusions: Personal Property
      • Ownership: Individual
      • Electric utility on property: Yes
      • Road surface type: Paved

        Estimated market value

        $546,600

        $519,000 - $574,000

        $2,702/mo

        Price history

        DateEventPrice
        7/2/2026Listed for sale$550,000$520/sqft
        Source: REcolorado as distributed by MLS GRID #3332622 Report a problem
        6/27/2026Pending sale$550,000$520/sqft
        Source: eXp Realty #3332622 Report a problem
        6/27/2026Contingent$550,000$520/sqft
        Source: eXp Realty #3332622 Report a problem
        6/17/2026Price change$550,000-21.4%$520/sqft
        Source: REcolorado as distributed by MLS GRID #3332622 Report a problem
        4/16/2026Price change$700,000-6%$662/sqft
        Source: REcolorado as distributed by MLS GRID #3332622 Report a problem
        4/14/2026Listed for sale$745,000$704/sqft
        Source: REcolorado as distributed by MLS GRID #3332622 Report a problem
        3/9/2026Pending sale$745,000$704/sqft
        Source: eXp Realty #3332622 Report a problem
        12/23/2025Listed for sale$745,000$704/sqft
        Source: eXp Realty #3332622 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,453 -0.1%$35,475 +2.3%
        2024$3,456 +20.2%$34,683
        2023$2,876 -1.5%$34,683 +20.9%
        2022$2,919 +11.8%$28,684 -2.8%
        2021$2,612 $29,509 +11.6%
        2020$2,612 +1.3%$26,437
        2019$2,577 +14.4%$26,437 +17.7%
        2018$2,253 -23.2%$22,459
        2017$2,934 +50.6%$22,459 +14.2%
        2016$1,949 -31.8%$19,669
        2015$2,859 +82.3%$19,669 +30.5%
        2014$1,568 +3.5%$15,073
        2013$1,515 +2.1%$15,073 +2.6%
        2012$1,484 -9%$14,694
        2011$1,631 +5.6%$14,694 -9.6%
        2010$1,545 -5.6%$16,250
        2009$1,636 +0%$16,250 -5.4%
        2008$1,636 -6.2%$17,170
        2007$1,743 +0.9%$17,170 -5.2%
        2006$1,727 +6.4%$18,110 +6.3%
        2005$1,624 +8.9%$17,040
        2004$1,491 +0.2%$17,040
        2003$1,488 +1.5%$17,040 +1.8%
        2002$1,465 +17.1%$16,740 +31%
        2001$1,252 -1.1%$12,780
        2000$1,266 $12,780
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 80002

        Getting around

        34 / 100
        Car-Dependent
        40 / 100
        Some Transit
        66 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        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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