NOT LISTED FOR SALE

5225 Balsam St Unit 24 Arvada, CO 80002

Arvada Area

Estimated Value: $211,000 - $252,000

2 Beds
1 Bath
776 Sq Ft
436 Sq Ft Lot

Sale Details

Date Sold: October 17, 2024

Last sale price $205,000 $264 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,710 / mo

160 Days on Market

Highlights

  • Contemporary Architecture
  • Living Room
  • Baseboard Heating
  • Private Yard
  • Dining Room
  • 3-minute walk to Griffifth Station Park

About This Home

As of October 2024

**** This home is part of an AFFORDABLE HOMEOWNERSHIP PROGRAM through Elevation Community Land Trust
(ECLT)***** Presenting this recently renovated condominium in the sought-after Arvada neighborhood, offering an ideal environment to find your dream home. Showcasing two bedrooms, this two-story condo features a vibrant and spacious living room on the first level, flooding the area with abundant natural light. The state-of-the-art kitchen is fully equipped with a range of brand new stainless steel appliances, such as a refrigerator, dishwasher, microwave, and stove. In-unit washer and dryer hookups are also available. Within the unit, you'll find a private patio enclosed by a fence, creating the perfect space for gatherings and entertainment. Washer and dryer hookups are conveniently available within the unit. Upstairs, you'll discover two bedrooms and a completely remodeled bathroom equipped with all the essential amenities. Just a short distance away, there is a generously sized open space. This residence provides convenient access to a variety of areas and parks, thanks to its close proximity to shopping and being just one mile away from Olde Town Arvada.

Last Agent to Sell the Property

Merima Brkic

Invalesco Real Estate Brokerage Phone: 303-304-3888 License #100072885 Listed on: 03/22/2024

Last Buyer's Agent

Ursula Ibarra

West and Main Homes Inc License #100079146

West and Main Homes Inc
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $935

Year Built

  • Built in 1980

Lot Details

  • Two or More Common Walls
  • Property is Fully Fenced
  • Private Yard

HOA Fees

  • $343 Monthly HOA Fees

Parking

  • 1 Parking Space

Home Design

  • Contemporary Architecture
  • Brick Exterior Construction
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 776 Sq Ft Home
  • 2-Story Property
  • Living Room
  • Dining Room
  • Laundry in unit

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Lawrence Elementary School
  • Arvada K-8 Middle School
  • Arvada High School

Utilities

  • Mini Split Air Conditioners
  • Baseboard Heating

Listing and Financial Details

  • Exclusions: Seller's personal property
  • Property held in a trust
  • Assessor Parcel Number 163502

Community Details

Overview

  • Association fees include reserves, exterior maintenance w/out roof, ground maintenance, maintenance structure, road maintenance
  • Vista Management Association, Phone Number (303) 429-2611
  • Low-Rise Community
  • West Park Condos Subdivision

Amenities

  • Coin Laundry

Property Details

Home Type

Condominium

Est. Annual Taxes

$935

Year Built

Built in 1980

Lot Details

436 Sq Ft Lot

HOA Fees

$343 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Contemporary
  • Structure Type: Low Rise (1-3)
  • Levels: Two
  • Year Built: 1980
  • Above Grade Finished Sq Ft: 776
  • Exclusions: Seller's personal property
  • Living Area: 776
  • SubdivisionName: West Park Condos
  • Ownership: Corporation/Trust
  • Property Attached Yn: Yes
  • ResoBuildingAreaSource: PublicRecords
  • REC_BasementLevelBedrooms: 0
  • REC_RVSpaces: 0
  • REC_UpperLevelBathrooms: 1
  • REC_UpperLevelBedrooms: 2
  • Ratio Close Price By Original Li: 1.00000
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Microwave, Oven, Range, Refrigerator
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 1
  • Common Walls: 2+ Common Walls
  • Basement: No
  • Total Bedrooms: 2

Exterior Features

  • Roof: Composition
  • Construction Materials: Brick, Frame
  • Exterior Features: Private Yard
  • Road Frontage Type: Public
  • Road Surface Type: Paved

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 1

Utilities

  • Utilities: Electricity Connected
  • Sewer: Public Sewer
  • Cooling: Air Conditioning-Room
  • Heating: Baseboard
  • Water Source: Public
  • Laundry Features: Common Area, In Unit

Condo/Co-op/Association

  • HOA Fee Includes: Reserves, Exterior Maintenance w/out Roof, Maintenance Grounds, Maintenance Structure, Road Maintenance
  • Association Name: Vista Management
  • Association Fee Frequency: Monthly
  • Association Amenities: Coin Laundry
  • Association Fee: 343
  • Phone: 303-429-2611
  • Association: Yes
  • Senior Community: No

Association/Amenities

  • REC_AssociationFee2Annual: 0.00
  • REC_AssociationFee3Annual: 0.00
  • REC_AssociationFeeAnnual: 4116.00
  • REC_AssociationFeeTotalAnnual: 4116.00
  • REC_AssociationManagementType: Professionally Managed

Schools

  • Middle Or Junior School: Arvada K-8

Lot Info

  • Parcel Number: 163502
  • Lot Size Acres: 0.01
  • Fencing: Full
  • Building Area Total: 776
  • Lot Size Sq Ft: 436
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 935

MLS Schools

  • Elementary School: Lawrence
  • High School: Arvada

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2024
Closed on
Oct 18, 2024
Sold by
Eclt Balsam Street Condos Llc
Bought by
Seller's Agent
Merima Brkic
Invalesco Real Estate
Buyer's Agent
Ursula Ibarra
West and Main Homes Inc
List Price
$205,000
Sold Price
$205,000
Views
273
Current Estimated Value
$229,395

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,395
Avg. Annual Appreciation
6.16%
Original Mortgage
$17,700
Outstanding Balance
$14,998
Interest Rate
6.54%
Estimated Equity
$214,397
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$205,000 Land Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $17,700
Previous Owner Castillo June Clarissa $163,424
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/17/2024 10/17/24 Sold $205,000 0.0% $264 / Sq Ft
09/03/2024 09/03/24 For Sale $205,000 0.0% $264 / Sq Ft
08/30/2024 08/30/24 Pending -- -- --
08/23/2024 08/23/24 Off Market $205,000 -- --
07/23/2024 07/23/24 For Sale $205,000 0.0% $264 / Sq Ft
07/09/2024 07/09/24 Pending -- -- --
06/21/2024 06/21/24 For Sale $205,000 0.0% $264 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
03/22/2024 03/22/24 For Sale $205,000 -- $264 / Sq Ft
Source: REcolorado®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,290 $12,187 $5,906 $6,281
2024 $935 $9,381 $6,332 $3,049
2023 $935 $9,381 $6,332 $3,049
2022 $1,446 $14,426 $4,379 $10,047
2021 $1,468 $14,841 $4,505 $10,336
2020 $1,366 $13,828 $4,290 $9,538
2019 $1,348 $13,828 $4,290 $9,538
2018 $784 $7,819 $3,600 $4,219
2017 $719 $7,819 $3,600 $4,219
2016 $729 $7,459 $5,572 $1,887
2015 $764 $11,813 $5,572 $6,241
2014 $764 $7,339 $2,229 $5,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 1728901

REcolorado®

APN: 39-142-11-014

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