NOT LISTED FOR SALE

5225 Balsam St Unit 33 Arvada, CO 80002

Estimated Value: $208,000 - $237,624

2 Beds
1 Bath
776 Sq Ft
$343/mo HOA Fee

Last Sold April 19, 2024

Last sale price $204,000 $263 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $1,626/month

65 Days on Market

Highlights

  • Contemporary Architecture
  • Baseboard Heating
  • Mini Split Air Conditioners
  • Private Yard
  • Laundry Facilities
  • 5-minute walk to Griffifth Station Park

About This Home

As of April 2024

**** This home is part of an AFFORDABLE HOMEOWNERSHIP PROGRAM through Elevation Community Land Trust
(ECLT)*****
Introducing this recently remodeled condominium in the desirable Arvada area, offering an optimal setting for finding your perfect home. Boasting two bedrooms, this two-story condo showcases a bright and expansive living room on the first level, filling the area with an ample amount of sunlight. The kitchen, which has recently undergone renovations, presents a generously sized island, providing ample space for both cooking endeavors and dining experiences. Additionally, the kitchen is fully equipped with a selection of state-of-the-art stainless steel appliances, including a refrigerator, dishwasher, and stove.
Alongside the microwave, the kitchen also features a generously sized pantry that is conveniently situated.
Within the unit, there is a private patio enclosed by a fence, providing the perfect space for gatherings and entertainment.
On the upper floor, you'll discover two bedrooms and a completely renovated bathroom that comes with all the necessary amenities. Just a stone's throw away, there awaits a generously sized open space. With its close proximity to shopping and being just one mile away from Olde Town Arvada, this residence provides convenient access to various areas and parks. (Please note that all new appliances will be installed mid January 2024).
This property comes with $8,000 incentive/concession exclusively for an interest rate buy-down.

Last Agent to Sell the Property

Merima Brkic

Invalesco Real Estate Brokerage Phone: 303-304-3888 License #100072885 Listed on: 01/09/2024

Last Buyer's Agent

Angel Feng

Redfin Corporation License #100021195

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,462

Year Built

  • Built in 1982

Lot Details

  • Two or More Common Walls
  • 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
  • Laminate Flooring

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

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 163510

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 Condominium
  • West Park Condos Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,462

Year Built

Built in 1982

Lot Details

0

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: 1982
  • 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_ExpectedActiveDate: 2024-01-09
  • 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: 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

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 1

Utilities

  • Sewer: Public Sewer
  • Cooling: Air Conditioning-Room
  • Heating: Baseboard
  • Water Source: Public
  • Laundry Features: Common Area

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 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: 163510
  • Building Area Total: 776

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1462

MLS Schools

  • Elementary School: Lawrence
  • High School: Arvada

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2024
Closed on
Apr 19, 2024
Sold by
Eclt Balsam Street Condos Llc
Bought by
Toney Kaitlin
Seller's Agent
Merima Brkic
Invalesco Real Estate
Buyer's Agent
Angel Feng
Redfin Corporation
List Price
$204,000
Sold Price
$204,000
Views
176
Current Estimated Value
$229,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,156
Avg. Annual Appreciation
7.26%
Interest Rate
6.88%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Toney Kaitlin $204,000 Land Title Guarantee
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Toney Kaitlin --
Open Toney Kaitlin $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2024 04/19/24 Sold $204,000 0.0% $263 / Sq Ft
03/15/2024 03/15/24 Pending -- -- --
01/09/2024 01/09/24 For Sale $204,000 -- $263 / Sq Ft
Source: REcolorado®

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $935 $9,382 $6,332 $3,050
2023 $935 $9,382 $6,332 $3,050
2022 $1,462 $14,578 $4,379 $10,199
2021 $1,483 $14,997 $4,505 $10,492
2020 $1,380 $13,969 $4,290 $9,679
2019 $1,362 $13,969 $4,290 $9,679
2018 $792 $7,891 $3,600 $4,291
2017 $726 $7,891 $3,600 $4,291
2016 $732 $7,482 $5,572 $1,910
2015 $768 $11,892 $5,572 $6,320
2014 $768 $7,379 $2,229 $5,150
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REcolorado®

MLS Number: 2993464

REcolorado®

APN: 39-142-11-004