The Ultimate 'House Hack' in the Ultimate Location! This Updated Olde Town Arvada Walkout Ranch Provides Incredible Investment Opportunity with an Array of Options OR if You are Seeking a Multi-Generational Living Option, Look no Further! This Up/Down Duplex-Styled Plan Features a Standalone Upper Level of 1200+ Square Feet with Two Bedrooms + Fully Updated Full Bath. Enjoy a Gourmet Kitchen with Ample Storage, Maple Cabs, Brand New Quartz Countertops and Brand New Subway Backsplash. The Dining Area Looks Out over the Spacious, Sun Soaked Private Patio with Flower Beds Awaiting Summer BBQs Galore. The Oversized Family Room/Great Room Features a Modern Painted Brick Fireplace. You'll Also Find Gleaming, Newly Finished Hardwood Floors Throughout the Main Living and Bedroom Areas. The Walk Out Lower Level with Separate Entry Adds Nearly 1000 Square Feet and Includes a Petite-Sized Full Kitchen with Breakfast Bar, Also with New Quartz Tops. This Unit Adds Sunny Living Area and Conforming Bedroom + Recently Updated 3/4 Bath and Laundry Area. Great Opportunity for the Home Owner Wanting to Live in One Unit While the 2nd Cash Flows and Pays the Mortgage or Use Both Units as Either Long Term or Short Term Rentals! Pre-Existing Interior Stairs Connecting Both Units are Still in Place so New Owner has Option to Convert Back to Single Family Sooner or in the Future. Topping the List of Amenities is the Home's Location Only 1/2 Mile to Heart of Historic Downtown Arvada's Dining, Retail, Shopping, Wineries, Breweries and, of course, Olde Town Light Rail Station with Direct Access to Downtown Denver. Easy Access to I-70 Corridor and Front Range, Boulder & Denver.
Sold for $725,000
$725,000
5465 Balsam Street, Arvada, CO 80002
3beds
2,222sqft
Single Family Residence
Built in 1960
8,192 Square Feet Lot
$731,100 Zestimate®
$326/sqft
$3,194 Estimated rent
Home value
$731,100
$695,000 - $768,000
$3,194/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Robyn Phipps 720-484-8620 robyn@phippsteam.com,
Compass - Denver
Bought with:
Rita Lee
Redfin Corporation
Source: REcolorado as distributed by MLS GRID,MLS#: 2108332
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- 3/4 bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bedroom
- Level: Basement
Bathroom
- Level: Main
Bathroom
- Level: Basement
Dining room
- Level: Main
Family room
- Level: Basement
Kitchen
- Level: Main
Kitchen
- Level: Basement
Living room
- Level: Main
Heating
- Baseboard, Natural Gas, Radiant
Cooling
- Evaporative Cooling
Appliances
- Included: Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer
- Laundry: In Unit
Features
- Ceiling Fan(s), Open Floorplan
- Flooring: Carpet, Tile, Wood
- Windows: Double Pane Windows
- Basement: Walk-Out Access
- Number of fireplaces: 2
- Fireplace features: Family Room, Living Room
Interior area
- Total structure area: 2,222
- Total interior livable area: 2,222 sqft
- Finished area above ground: 1,236
- Finished area below ground: 964
Property
Parking
- Total spaces: 1
- Parking features: Garage - Attached
- Attached garage spaces: 1
Features
- Levels: One
- Stories: 1
- Fencing: Full
Lot
- Size: 8,192 Square Feet
- Features: Near Public Transit
Details
- Parcel number: 453405
- Zoning: Res
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick, Frame
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1960
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Available, Natural Gas Connected
Community & HOA
Community
- Subdivision: Olde Town Arvada
HOA
- Has HOA: No
Location
- Region: Arvada
Financial & listing details
- Price per square foot: $326/sqft
- Tax assessed value: $658,512
- Annual tax amount: $3,949
- Date on market: 5/15/2024
- Listing terms: Cash,Conventional,FHA,VA Loan
- Exclusions: All Staging Items And Decor
- Ownership: Individual
- Electric utility on property: Yes
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 6/7/2024 | Sold | $725,000$326/sqft |
Source:  REcolorado as distributed by MLS GRID #2108332 Report a problem | ||
| 5/22/2024 | Pending sale | $725,000$326/sqft |
Source: REcolorado as distributed by MLS GRID #2108332 Report a problem | ||
| 5/15/2024 | Listed for sale | $725,000+59.3%$326/sqft |
Source: REcolorado as distributed by MLS GRID #2108332 Report a problem | ||
| 3/13/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 2/28/2021 | Listed for rent | $2,100+61.5%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 2/26/2020 | Listing removed | $1,300$1/sqft |
Source: Owner Report a problem | ||
| 2/18/2020 | Price change | $1,300-7.1%$1/sqft |
Source: Owner Report a problem | ||
| 1/18/2020 | Listed for rent | $1,400+7.7%$1/sqft |
Source: Owner Report a problem | ||
| 9/29/2019 | Listing removed | $1,300$1/sqft |
Source: Owner Report a problem | ||
| 8/19/2019 | Listed for rent | $1,300$1/sqft |
Source: Owner Report a problem | ||
| 8/7/2019 | Sold | $455,000+55.8%$205/sqft |
Source: Public Record Report a problem | ||
| 10/17/2014 | Sold | $292,000-2.6%$131/sqft |
Source: Public Record Report a problem | ||
| 8/5/2014 | Price change | $299,900-1.6%$135/sqft |
Source: The Aragon Group, LLC #5854365 Report a problem | ||
| 7/29/2014 | Listed for sale | $304,900-7.6%$137/sqft |
Source: The Aragon Group, LLC #5854365 Report a problem | ||
| 8/8/2007 | Sold | $330,000+69.2%$149/sqft |
Source: Public Record Report a problem | ||
| 10/27/2006 | Sold | $195,000$88/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,944 -0.1% | $41,157 +1.1% |
| 2024 | $3,949 +20.4% | $40,711 |
| 2023 | $3,279 -1.6% | $40,711 +21.6% |
| 2022 | $3,333 +32.8% | $33,483 -2.8% |
| 2021 | $2,509 | $34,445 +32.5% |
| 2020 | $2,509 +1.4% | $26,001 |
| 2019 | $2,475 +10.7% | $26,001 +13.9% |
| 2018 | $2,236 | $22,833 |
| 2017 | $2,236 +20.4% | $22,833 +18.4% |
| 2016 | $1,857 | $19,290 |
| 2015 | $1,857 +6% | $19,290 +11.5% |
| 2014 | $1,751 +8% | $17,297 |
| 2013 | $1,621 +2.1% | $17,297 +7% |
| 2012 | $1,587 +3.4% | $16,162 |
| 2011 | $1,536 +5.7% | $16,162 +2.7% |
| 2010 | $1,452 +1.2% | $15,740 |
| 2009 | $1,435 +0% | $15,740 +1.4% |
| 2008 | $1,434 +39.5% | $15,520 -19.3% |
| 2007 | $1,029 -41.4% | $19,230 +1.3% |
| 2006 | $1,754 +15.9% | $18,980 +15.8% |
| 2005 | $1,513 +8.8% | $16,390 |
| 2004 | $1,391 +8.9% | $16,390 +8.6% |
| 2003 | $1,277 +1.7% | $15,090 +1.5% |
| 2002 | $1,255 +13.6% | $14,870 +27% |
| 2001 | $1,105 -1% | $11,710 |
| 2000 | $1,116 | $11,710 |
Find assessor info on the county website
Neighborhood: Historic Olde Town
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Nearby schools
GreatSchools rating
- 3/10Lawrence Elementary SchoolGrades: K-5Distance: 0.3 mi
- 2/10Arvada K-8Grades: K-8Distance: 0.4 mi
- 3/10Arvada High SchoolGrades: 9-12Distance: 1.4 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
$731,100
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$731,100
- Colorado
- Jefferson County
- Arvada
- 80002
- Historic Olde Town
- 5465 Balsam Street
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